#2568
Frank McCourt
Overview
- Source of Wealth
- baseball
- Industry
- Sports
- Residence
- Wellington, Florida
Biography
Frank McCourt is an investor and entrepreneur with roots in his family's Boston-based construction business founded five generations ago.
In 2004, McCourt bought the Los Angeles Dodgers and sold the team for $2.2 billion eight years later, the largest sports sale at the time.
McCourt invested the proceeds into real estate, sports, tech and media through his company McCourt Global.
He stepped down as CEO of McCourt Global in 2023 to focus on Project Liberty, his $500 million commitment to fight for a safe, healthier internet.
McCourt has also pledged $200 million to his alma mater, Georgetown, helping establish the McCourt School of Public Policy.