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Get to know an NBA owner!

I am trying something different: I stated the purpose of the thread in the title.

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Our next contestant... er, owner is Wyc Grousbeck of the Boston Celtics. Mister Grousbeck has an estimated net worth of $360 million. It is not clear how he earned his fortune. He did previously work for a venture capital company called Highland Capital Partners. Mister Grousbeck is the son of Irv Grousbeck, a cofounder of Continental Cablevision. That business was sold in 1996 for something between five and eleven billion dollars. Irv Grousbeck is also a partner with his son on the Celtics ownership team.
 
It is time to "Get to know an(other) NBA owner!" He is Peter Holt, owner of the San Antonio Spurs. Mister Holt has a net worth of just $80 million, among the lowest of all NBA owners. He earned his fortune working for his father's business, Holt Cat, the largest Caterpillar dealership in the United States. He is also the great-grandson of Benjamin Holt, the inventor of the first practical Caterpillar-like equipment. Mister Holt served in the US Army and completed a one year tour in Vietnam, during which he earned a Silver Star, three Bronze Stars for Valor, and a Purple Heart for wounds received.

That doesn't add up... The Spurs itself is north of $300M I assume, unless the $80M doesn't include the Spurs.
 
purple heart aint ****. i hear you can get one for a simple case of the flu or a broken nail

Sure. You can get a purple heart for a nasty rug burn received by jumping to the ground when you mistake the supply truck backfire for enemy fire. Or, you can get one for getting your leg blown off or shrapnel embedded in your groin. You can't dismiss every purple heart as being meaningless. I tend to give the benefit of the doubt to the service member on this one, especially when they also have a silver star and three bronze stars.
 
Mikhail Prokhorov is the owner of the New Jersey Nets. Mister Prokhorov is the son of a former head of the international department of the Soviet Sports Committee. He was working at Onexim Bank in 1993 when he and a partner were able to leverage political access and a loan to the Russian government of several hundred million dollars into direct ownership of the formerly state-run Norilsk Nickel mining operation. At the time of the purchase, Norilsk Nickel was making $400 million profit annually. The company is currently valued at over $30 billion.

In 2007, Mister Prokhorov was arrested in France for allegedly providing prostitutes for his guests. As a result of the scandal, he was forced by the Russian government to divest his interest in Norilsk Nickel, thus preserving his fortune from the 2008 financial crisis. In 2010, Mister Prokhorov forfeited a $50 million deposit he had placed on an estate on the French Riviera, because he failed to promptly notify the owner that he would not proceed with the contracted purchase. Mister Prokhorov is the owner of a 200-foot yacht named Solemar, which has seven staterooms, four additional watercraft, a crew of sixteen, and a website. When asked, he said he didn't often use the yacht because he "gets seasick", and he didn't know its current location.

Mister Prokhorov has an estimated net worth of $18 billion.
 
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