What Happened to Jerry Buss Mom? Jessie Buss Died Way Before the Rise of Lakers
Jerry Buss’ family net worth skyrocketed to multi-million figures after the rise of the LA Lakers.
He purchased the Lakers in 1979 for $67.5 million dollars and had solely transformed the team into a global name.
Before his death in 2013, he had a value of $600 million and a whopping 66% controlling ownership of the Lakers. The ownership was passed down to his six children with an equal vote of 11% for each child.
Among his six kids, the late Buss had named his elder daughter Jeanie to assume his title of Lakers’ governor and the team representative at NBA Board of Governors meetings.
According to Jerry’s succession plan, Jeanie took over the Lakers on March 27, 2017.