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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

Bobby Kotick Is the King of E-Sports in 2016

One sports team owner, Ted Leonsis, recently explained his investment. "The real benefit was being at the birth of something real and new that's global," said Leonsis. "The first step was, let's get a seat at a table, be polite and learn about e-gaming and ...
Posted: December 5, 2016, 8:13 am

30 Teams In 30 Days: Can The Washington Wizards Conjure Up The Winning Formula?

That is certainly not how GM Ernie Grunfeld and owner Ted Leonsis expected things to be after the Wizards went 41-41 and missed the playoffs last year after two straight trips to the Eastern Conference Semifinals. Even worse is that Washington was over the ...
Posted: November 30, 2016, 5:03 am

Ted Leonsis doubles down on Arena Football League with Baltimore team

In October, three Arena Football League teams ceased operations and two other teams joined a competing indoor football league in a matter of days, shrinking the AFL from nine teams to four. While the shake-up prompted questions about whether the Ted ...
Posted: November 14, 2016, 12:42 pm

John Wall Dropped 52 While The Wizards Still Lost, As Is Tradition

Now I’m just not blogging about them out of pure spite. Ted Leonsis has turned them into the laughing stock of the league. Remember in the offseason when he wrote that blog post about how great their offseason was? They signed Ian Mahinmi, Andrew ...
Posted: December 7, 2016, 7:18 am

Rockets First NBA Team to Dedicate Front Office Slot to Esports

Sacramento Kings co-owners Mark Mastrov and Andy Miller have also invested in a team alongside Shaquille O’Neal, while Washington Wizards owner Ted Leonsis and Golden State Warriors part-owner Peter Guber teamed up to acquire another. Competitive video ...
Posted: November 30, 2016, 9:00 pm
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