Randy Lerner Net Worth is
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Randolph D. Lerner (born February 21, 1962) is an American entrepreneur and sports team owner. He was the majority owner of the American football team, the Cleveland Browns, of the National Football League upon the death of his father Alfred "Al" Lerner in October 2002, until August 2012, and has been the Chairman of Aston Villa Football Club of the Premier League since 2006. His personal fortune was estimated at GBP over 1.1 billion in 2013.

Lerner graduated from Columbia University in 1984, spending 1983 at Clare College in Cambridge, England. He graduated from Columbia Law School and is a member of the New York and District of Columbia Bar Associations. Prior to entering the business world, he worked as a lawyer in New York City.
Lerner's business career began at the Progressive Corporation as an investment analyst. In 1991, he started an independent investment firm with Progressive capital called Securities Advisors, Inc. (SAI), which he owned and managed until 2001. SAI initially specialized in arbitrage before shifting its focus to equity investing.
His father Al Lerner became chairman of MBNA Corporation investing $800 million of his own money in the initial public offering (IPO) of the corporation. In 1993, Randy became a director at MBNA. Upon the death of his father on October 23, 2002, Randy became company chairman. He was involved in the sale of MBNA Corporation on January 1, 2006 to Bank of America for $35 billion.
Control of the Browns was given to Lerner, when his father, Al Lerner, died in October 2002 ??? four years to the day after he was awarded the new Browns franchise. Lerner also served as a member of the National Football League's Business Ventures Committee. Lerner was generally a low-key owner during the time he controlled the Browns franchise. In 2012, Lerner sold the team to businessman Jimmy Haslam.
During his time at Cambridge Lerner followed English football (soccer), taking an interest in three teams: Arsenal, Fu

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Randy Lerner Latest News

Steve Bruce says task at Aston Villa is the ‘biggest challenge’ of his career

But while Alex McLeish’s arrival in 2011 was met by fierce supporter protest – more than 10,000 signed a petition calling on the club’s then owner Randy Lerner not to hire the Scot – the former Manchester United player has met little resistance ...
Posted: October 14, 2016, 5:48 am

Aston Villa sack di Matteo - Opens way for Steve McClaren

Villa are now under the new management of owner Tony Xia, who purchased the club from then embattled Randy Lerner. In a statement issued via the League Managers Association, Di Matteo added: "I fully expect the players we have brought in to start ...
Posted: October 16, 2016, 11:00 am

Aston Villa owner Dr Tony Xia talks Premier League, Randy Lerner and Lionel Messi

Aston Villa owner Dr Tony Xia says the club will return to the Premier League within two years. The Chinese businessman has been speaking to media in his homeland about his plans for Villa and insisted he only needed two chats with former owner Randy ...
Posted: October 14, 2016, 11:11 am
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