Jeffrey Loria Net Worth is$500 Million
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Profession: Businessperson, Art dealer
Date of Birth: 1940
Country: United States of America
Jeffrey Loria is an art dealer, writer and investor, with a net worth of $500 million. Jeffrey Loria has earned his net worth through his ownership of the Oklahoma City 89ers and the Florida Marlins, as well as his investments in Art and the writing of a book on collecting Art and "What's it all about, Charlie Brown." He was born in Manhattan, New York City, New York.
Jeffrey H. Loria (born November 20, 1940) is an art dealer and is the owner of the Miami Marlins. Raised in Manhattan, Loria took an early interest in baseball, attending his first New York Yankees game in the late 1940s. Loria attended New York City's Stuyvesant High School and Yale University, where he initially took pre-med courses. With a requirement to take a history class, Loria chose art history.
After college, he worked in a newly-established art-buying program for Sears, launched with the help of actor Vincent Price. In 1965, at the age of 24, he opened his private art dealing business, Jeffrey H. Loria & Co., on Manhattan's Upper East Side and wrote a book, Collecting Original Art. He specializes in 20th century masters. His collection includes works by Pablo Picasso and Henry Moore. Loria graduated from Columbia Business School in 1968 and published his second book, What's It All About Charlie Brown?, a look at life through the Peanuts comic strip (co-written with Pat K. Lynch).
In 1989, Loria purchased the Oklahoma City 89ers, then a Triple-A affiliate of the Texas Rangers. The team won the American Association championship in 1992. Loria sold the team in 1993 and began looking to buy a Major League team. Loria lost out to Peter Angelos in his bid to purchase the Baltimore Orioles in 1994. On December 9, 1999, he bought a 24 percent stake in the Montreal Expos for $18 million CAD (approximately $12 million USD) and became the managing general partner. When a series of cash calls went unanswered, Loria ended up with 94 percent of the team. He headed an ownership group that included the city of Montreal and Stephen Bronfman, son of founding owner Charles Bronfman.
One of Loria's first acts was to reiterate demands for a new park for the Expos to replace Olympic Stadium, of which he bluntly said, "We cannot stay here." He lost a considerable amount of goodwill with Expos fans when the team was not able to reach an agreement for television and Engli

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Jeffrey Loria Latest News

INFIELD CHATTER: Stanton deal not worth your anger

The new ownership had to take on a lot of debt to buy out Jeffrey Loria, and it was clear before the ink was dry the goal was taking payroll from about $117 million per year down as low as $55 million. Stanton, holder of the game’s richest contract ...
Posted: December 12, 2017, 9:07 pm

For Derek Jeter, facing fallout from the Giancarlo Stanton deal, it's a whole new ballgame

"You are already hearing the comparisons to [loathed former owner Jeffrey] Loria," said Miami Herald reporter Clark Spencer, who has covered the Marlins for 18 years. "Jeter's honeymoon lasted about a day and a half." As far as honeymoons, Jeter's in South ...
Posted: December 13, 2017, 8:59 am

MLB: Stanton trade needed in Marlins’ tear-down

This deal to trade Miami Marlins star Giancarlo Stanton to the New York Yankees isn’t about Jeter. It’s still about Jeffrey Loria, if you’ve paid attention. It says even when the former Marlins robber-baron is gone, his stench remains. It lingers in ...
Posted: December 13, 2017, 10:28 pm
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