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Ted Leonsis
Ted Leonsis Net Worth is $1 Billion. Ted Leonsis is a major investor with a net worth of $1 billion. Ted Leonsis earned his net worth through the many investments in sports teams, films and as the author of "The Business of Happiness." He was born in. Theodore John Leonsis (born ...

Ted Leonsis Net Worth is $1 Billion.

Ted Leonsis Net Worth is $1 Billion. Ted Leonsis is a major investor with a net worth of $1 billion. Ted Leonsis earned his net worth through the many investments in sports teams, films and as the author of "The Business of Happiness." He was born in Theodore John Leonsis is an Internet pioneer, sports team owner, venture capital investor, filmmaker, author and philanthropist. His early new media company, Redgate Communications was acquired by America Online in 1994, and Leonsis became a senior AOL executive for the next 13 years. He is the majority owner of the NHL's Washington Capitals, the NBA's Washington Wizards, the WNBA's Washington Mystics and the Verizon Center in Washington, DC. He serves as Founder and Chairman of SnagFilms, vice chairman of Groupon and on the board of American Express and other companies. Leonsis has produced documentary films such as the Peabody and the Emmy Award-winning Nanking and is the author of The Business of Happiness.
Leonsis was born to Greek American parents in Brooklyn, and spent his early years there. His parents worked as a waiter and a secretary. After skipping 8th grade, Leonsis attended Brooklyn Technical High School but before graduation...
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Ted Leonsis Latest News

1 Major Hurdle in Twitter's Quest to Become a Bigger Player in Live Sports

Those factors may steer business away from Twitter and toward the subscription-based streamers like Netflix and Amazon. Ted Leonsis, the Washington Capitals owner who is launching his own sports subscription network, told Recode that he'd be more inclined ...
Posted: July 22, 2016, 2:17 pm

Ted Leonsis says Wizards have had a ‘very productive offseason’

Despite increasing pessimism from Wizards fans thanks to the team missing out on signing Al Horford and even getting any face time with Kevin Durant this summer, owner Ted Leonsis published a 1,300-word post on his Ted’s Take blog explaining why ...
Posted: July 8, 2016, 7:51 pm

No Durant, but Wizards have 'very productive offseason'

According to owner Ted Leonsis, the team went into the summer looking to lock up star guard Bradley Beal to a long-term contract; add another player on a max deal; sign a defensive-oriented big man; add skill and scoring at power forward; improve depth in ...
Posted: July 11, 2016, 11:45 am

Washington's Arena Football team will be called the Valor

Ted Leonsis and officials from his Monumental Sports & Entertainment organization unveiled the name, logo and colors on Thursday. Leonsis said the name stands for what the franchise hopes to build when it begins play in the spring of 2017 and “holds a ...
Posted: July 14, 2016, 9:17 pm

Washington's Arena Football League team now has a name. Ted Leonsis has a vision.

The Washington Valor and its red, white and blue eagle logo will be joining the Wizards, Mystics and Capitals in the stable of teams owned by Monumental Sports and Entertainment, the company unveiled at a press conference Thursday. Monumental Sports Owner ...
Posted: July 14, 2016, 2:55 pm
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