Bob Stapleton Net Worth is$80 Million
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Profession: Entrepreneur
Date of Birth: Apr 1, 1958
Country: United States of America
Bob Stapleton is an American telecommunications entrepreneur he has a net worth of $80 million. Bob Stapleton has earned his net worth as an entrepreneur and team owner of HTC-Highroad an American cycling team. Stapleton was the owner of a communications company named Voice Stream Wireless which he sold to Deutsche Telekom in 2000. The company was sold in a $50 billion dollar deal. Deutsche changed the company name to T-Mobile USA. He founded High Road Sports Inc. and managed T-Mobile men's and also the women's cycling teams until 2007. Following the Operacion Puerto scandal, there were a lot of changes at T-Mobile Team and Stapleton became the team manager. Bob was born on April 1, 1958 in Riverside, California, it was announced in August 2011 that HTC team will fold after this season due to a lack of sponsorship. Even though team HTC cycling team has meant with much success, all the team members have been released from their contracts to allow them to look for another team for next year. The business strategy that HTC is built is unique instead of one manager you have group of eight managers from five different countries that can contribute different experiences and expertise to the team.
Bob Stapleton (born April 1, 1958, in Riverside, California) is an American entrepreneur and the former team owner of cycling team HTC-Highroad. Stapleton was previously the team manager of HTC-Highroad when it was known as T-Mobile Team. The transition to owner occurred on November 28, 2007 when German telecom company Deutsche Telekom ended its sponsorship after numerous doping allegations surfaced throughout 2007.
Stapleton began his relationship with T-Mobile when his communications company VoiceStream Wireless was bought in 2000 by Deutsche Telekom for $50 billion. The original purchase price of Voicestream was $50B. At closing, DT stock had gone down and the value was less. VoiceStream was renamed T-Mobile USA. He later became involved with cycling by founding High Road Sports Inc., which managed T-Mobile Team (both men's and women's) until 2007.
After the Operacion Puerto scandal touched big names of the men's team such as Jan Ullrich and Oscar Sevilla, and following disputes among riders and managing staff, there were major changes in both the team's roster and management, and Stapleton was appointed team manager.

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Bob Stapleton Latest News

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Posted: June 8, 2018, 11:02 pm

Studios on the Park art show focuses on rock 'n' roll

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Posted: June 21, 2018, 4:32 am

Marty Stuart's 'Late Night Jam' kicks off CMA Festival

"Sweetheart of the Rodeo," played "You Ain't Going Nowhere," a Bob Dylan tune from that record, as well as Pete Seeger's "Turn! Turn! Turn!" "I didn't know I had to walk on after that," said Stapleton, one of country music's biggest stars, before launching ...
Posted: June 15, 2018, 1:51 pm
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