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

Paul Lambert's Aston Villa signings - what happened to them?

His three years at the Villa Park helm coincided with chairman Randy Lerner making financial cuts. While there was one undoubted success in Belgium international Christian Benteke, many of the Scot's signings flopped in claret and blue. Just back up ...
Posted: May 19, 2018, 10:21 am

Remi Garde's Aston Villa exit 'latest episode in story of crisis'

When Garde was appointed to replace Tim Sherwood on 2 November, he came with a glowing reference in a rare public utterance from owner Randy Lerner. Lerner said: "Remi arrived with honesty, humour and a steely sense of what it will take for Aston Villa to ...
Posted: March 29, 2016, 2:39 pm

Aston Villa: David Bernstein and Lord King left after Randy Lerner row

The departure of David Bernstein and Lord King from the Aston Villa board was triggered by a bitter fall-out with the club's owner Randy Lerner. Bernstein and King wrote to Villa chairman Steve Hollis on Monday, tendering their resignations with immediate ...
Posted: April 20, 2016, 8:33 am
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