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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

Apple Should Buy Tesla: Ted Leonsis (AAPL, TSLA)

"I could see sincerely Apple buying Tesla," Leonsis says. The co-founder and partner at Revolution Growth and billionaire owner of the National Basketball Association's Washington Wizards argued that Apple buying Tesla "would be a smart move." Leonsis ...
Posted: June 20, 2016, 7:44 am

not that important anymore

Ted Leonsis, the Washington sports team owner and former AOL executive, said Monday that if he had bought the Washington Post he would have made them admit they have a problem and are "not that important anymore." Speaking at the George Washington ...
Posted: June 24, 2016, 5:12 am

Why a Twitter Deal Makes Absolutely No Sense

And there are always a couple of newsmakers ready to throw fuel on the fire. On Friday, Ted Leonsis – a former AOL executive and investor who owns several professional sports franchises in Washington D.C. – said that “Twitter is the next shoe to drop ...
Posted: June 20, 2016, 1:11 pm

Talk D.C. Sports: No Clown Questions, Bro

Doesn't most of the blame, however, belong squarely on the shoulders of Ted Leonsis? Ted is the guy who has seen his GM fail again and again over 13 years, and done nothing about it. He's the one with the power to solve the fundamental problems facing the ...
Posted: June 29, 2016, 2:48 pm

This should be Ernie Grunfeld's last chance with the Wizards, shouldn't it?

If Grunfeld can’t produce a true contender with these resources, he shouldn’t be protected by owner Ted Leonsis’ patience any longer. Then again, similar words have been said about Grunfeld before, and he keeps surviving. In a baker’s dozen years ...
Posted: June 26, 2016, 10:17 pm
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