Arturo Moreno Net Worth is
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Arturo "Arte" Moreno (born August 1946) is an American businessman. On May 15, 2003, he became the first Mexican American to own a major sports team in the United States when he purchased the Anaheim Angels baseball team from the Walt Disney Company.


Moreno was born to a Mexican American family in Tucson, Arizona, the oldest of 11 children of Mary and Arturo Ricardo Moreno. His father ran a small print shop; his grandfather owned Tucson's first Spanish-language newspaper. In 1965, graduated from high school and in 1966, he was drafted into the United States Army and fought in the Vietnam War. After returning to civilian life in 1968, he enrolled at the University of Arizona where he graduated in 1973 with a degree in marketing.
After school, he was hired to work at the Eller Outdoor advertising company. He traveled across the country for the next seven years, relocating several times and in 1984, he moved back to Arizona, settling in Phoenix, where he was hired by billboard company Outdoor Systems.
In 1996, Moreno took Outdoor Systems public. The company's stock soared, and in 1998 Moreno sold the company to Infinity Broadcasting for $8 billion.
With baseball being Moreno's favorite pastime, he applied his business acumen in that arena, as well, purchasing the Salt Lake Trappers minor league team alongside 17 other investors in 1986. The group owned the team until 1992, and the venture proved to be a resounding financial success.
By 2001, Moreno was hungry to own a Major League Baseball (MLB) team. He attempted to buy controlling interest in his homestate's Arizona Diamondbacks, however no deal could be reached. He nonetheless remained determined to own a Major League team, and soon set his sights on the 2002 World Series champion Anaheim Angels.
In April 2003, it was announced that Moreno had reached a deal with The Walt Disney Company to purchase the team for $180 million. On May 15, 2003, MLB commissioner Bud Selig announced that the sal

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Arturo Moreno Latest News

See why the Three Kings bread is a Latino tradition

During their 14 years of owning the 1,000-square-foot panaderia, the demand for rosca de reyes has steadily increased, said Teresa Yepez, of Moreno Valley ... with an orange citrus flavor,” said Arturo Jimenez, referring to a pan dulce breakfast ...
Posted: January 9, 2017, 9:58 am

Who will inherit the throne of El Chapo?

After the capture of Arturo Beltran Leyva, El Barbas or El Botas Blancas ... the same year they informed of the death of Nazario Moreno, El Chayo or El Mas Loco, of the Caballeros Templarios during a confrontation with Federal Forces.
Posted: January 10, 2017, 12:00 am

Tucson-Born Arte Moreno Named Among Forbes' Wealthiest People

Good times. From the oh-so-tiny profile offered up by Forbes.com: Los Angeles Angels owner Arturo Moreno splurged in the 2012 offseason on Albert Pujols and other stars, but his team only finished third in the American League West. He added slugger Josh ...
Posted: March 3, 2013, 8:00 pm
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