#1099

Theodore Leonsis

United States 70 years old Self-Made

Overview

Source of Wealth
Sports teams
Industry
Sports
Residence
Potomac, Maryland
Marital Status
Married
Children
2

Assets

  • American Express Co.
    41,000 shares @ -
    -
    AXP-US
  • Groupon
    224,000 shares @ -
    -
    GRPN-US
  • Tempus AI
    2,027 shares @ -
    -
    TEM-US

Biography

Theodore 'Ted' Leonsis is founder, majority owner and CEO of Monumental Sports, which owns several teams and arenas in Washington, D.C.

Subsidiaries include the NBA's Wizards, the NHL's Capitals, the WNBA's Washington Mystics and Capital One Arena.

The grandson of Greek immigrants, Leonsis initially built his fortune as a senior executive at AOL, where he worked for nearly 14 years.

He is a cofounder and partner at Revolution Growth, a venture capital firm helmed by AOL cofounder Steve Case.

About

Leonsis owns a home in Potomac, Maryland that Franklin Roosevelt, and later the Kennedy family, used to rent out over the summer.