Who is the Golden State Warriors owner Joe Lacob?
Know all about Golden State Warriors' majority owner Joe Lacob and how he became one of the most successful franchise owners in the NBA.
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Golden State Warriors' owner Joe Lacob
Joe Lacob is an American businessman and the current majority owner of the NBA franchise, the Golden State Warriors. Lacob originally held a minority ownership at the Boston Celtics in 2006 but later sold his share to invest in the Golden State Warriors.
Joe has been a five-time NBA champion as the owner of two franchises since 2008. He is widely considered one of the most successful owners in the NBA for his exceptional business insight. Although Lacob pursued his education in biological sciences and later public health, he would go on to become one of the richest individuals in the sporting industry.
With four NBA Championships since the beginning of his tenure, the Golden State Warriors have evolved into one of the most successful franchises in the league. Here’s what you need to know about the Warriors’ boss Joe Lacob.
Joe Lacob Bio and Career
Born January 10, 1956, Joe Lacob spent his early years in Massachusetts. He graduated from the University of California Irvine and completed his master’s from UCLA in public health. Later, deciding to pursue a career in business, he took his MBA from Stanford.
After completing his studies, Joe was associated with the Cetus Corporation, FHP International, and Booz, Allen, and Hamilton firm. It was in 1987 that Lacob partnered at the investment firm Kleiner Perkins, which worked across a variety of fields, including technology, medical equipment, and life sciences. He has invested across various sports ventures and was a minority stakeholder at the Boston Celtics from 2006 to 2010.
Joe Lacob Net Worth
Joe Lacob has amassed an astounding wealth over the years that amount to about $1.5 billion as of 2023. He had originally invested in various sports projects, including the America Basketball League, before acquiring a minority stake in the Boston Celtics in 2006.
This eventually saw him become part of the franchise when the Celtics won the 2008 NBA Championship. In 2010, Lacob partnered with Peter Guber and his group of investors to acquire the Golden State Warriors for $450 million from their previous owner Chris Cohan.
Lacob sold his share at the Celtics and gained majority ownership of the franchise during the time of acquisition. Since then, the Warriors have won four NBA Championships and have an estimated value of over $7 billion as of 2023. Joe Lacob is widely beloved among fans and regarded as one of the most successful owners in the history of the league.
Golden State Warriors’ previous owners
Here’s a list of all the previous owners of the franchise since 1947.
Joe Lacob, Peter Guber – 2011-2021
Chris Cohan – 1995-2010
Jim Fitzgerald – 1987-1994
Franklin Mieuli – 1965-1986
Franklin Mieuli Diners Club – 1963-1964
Eddie Gottlieb – 1952-1962
Peter Tyrrell, Steven Kim – 1947-1951
FAQs
How many owners does the Golden State Warriors have?
The Golden State Warriors have a combination of majority and minority stakeholders, including Joe Lacob and Peter Guber.
Who currently owns the Golden State Warriors?
Joe Lacob currently owns the Golden State Warriors as a majority stakeholder.
Who owned the Golden State Warriors before Joe Lacob?
American entrepreneur Chris Cohan was the owner of the Golden State Warriors before Joe Lacob.
How much is the owner of the Golden State Warriors worth?
Joe Lacob has a net worth of $1.5 billion in 2023.
For how much the current owner bought the Golden State Warriors?
The transition of ownership from Chris Cohan to Joe Lacob and other investors was carried out for $450 million back in 2010.
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