Quick Facts of Johnny Buss

Johnny Buss is a member of the illustrious Buss family. Jerry Buss, the family patriarch, was a multimillionaire with several business enterprises and is most known as the former owner of the Los Angeles Lakers.

Many of the Buss children have made a fortune by following in Jerry’s footsteps. Similarly, Johnny Buss’ net worth is made up of his earnings as a sports executive as well as the money he received from his father’s estate.

How much is the Net Worth of Jonny Buss?

As previously stated, Johnny Buss’ net worth is made up of his profits as a member of several sports teams as well as the $600 million wealth he inherited from his father, Jerry Buss. His siblings have also followed in their father’s footsteps, with Jeanie Buss being the most successful and having a net worth of $500 million.

Income As A Sports Executive

Johnny has been a part of the Buss family since he was a child, and he has worked on various sports teams with his father. For many years, he was the president of the Los Angeles Sparks, a professional women’s basketball team. Buss’s father, Jerry, controlled the team from 1997 to 2006, and Johnny was the general manager for much of that period.

After Johnny stepped down as team president, the Sparks were purchased by Williams Group Holdings in 2006. Buss was the previous president of the Los Angeles Lazers, a professional indoor soccer team. The team had a $1 million loss during his stay there, according to reports. He soon left the team, and his brother, Jim Buss, took his place.

Despite the fact that Jerry Buss’s oldest son did not have much success as a sports executive, he must have made a lot of money. Johnny Buss’s net worth must have grown significantly throughout his time as president of numerous sports teams, based on his income.

Income As A Part Of Los Angeles Lakers

Johnny, like his siblings, was a member of the Los Angeles Lakers in various capacities. Buss is the NBA team’s vice president of strategic development. Jerry’s 66 percent controlling ownership was passed down to Johnny and his siblings after his father died in 2013, and each of them owns an equal stake.

Following his father’s death, Johnny Buss’ interest in athletics diminished. He wanted to exit out of the game completely, but he couldn’t sell his Lakers team because of legal difficulties. Both Johnny and Jim resigned as trustees of the family trust and from the NBA team’s board of directors after severe internal strife.

Nonetheless, his time as the Lakers’ vice president of strategic development must have contributed to Johnny Buss’s net worth. Buss, like his father and siblings, has established himself as a multimillionaire as a result of his revenues as a part-owner of the NBA franchise.

Income From Other Business Ventures

Johnny Buss not only owns a piece of the Lakers, but he also owns The Ice House, a legendary comedy club. He is said to have taken over the comedy club in November 2019, but the ownership change was only announced a month later.

Buss currently just owns the club, not the building in which it is housed. However, he and Bob Fisher, the longstanding owner of The Ice House, had been discussing the property. Because the club is one of the most well-known in the neighborhood, Johnny Buss’s net worth is expected to skyrocket in the following months.

Assets And Lifestyle

Johnny Buss grew raised in a privileged lifestyle as the oldest son of multimillionaire Jerry Buss. He continues to live in Los Angeles and has invested in a few properties in the surrounding areas with his vast fortune. Buss purchased a lakefront home in Chatsworth in 2015, according to the Los Angeles Times. The gorgeous five-bedroom, five-bathroom home cost him $2.625 million.

Johnny also owns a $1.19 million mansion in Northridge, which he apparently purchased in 2011. With his two boys, Chayton and Charlie Buss, he splits his time between these two homes. While the well-known sports executive has kept his personal life private, there is little doubt that he is well-off.

Trivia and Facts

• Johnny Hatten Buss was born in Los Angeles County, California, on October 18, 1956.
• Johnny has three siblings, Jim Buss, Janie Buss, and Jeanie Buss, and their mother, Joann Buss, raised them. He also has to younger stepsiblings, Joey Buss and Jesse Buss, from his father’s side.
• He was married to dancer and actress Christy Curtis for more than two decades. They have two children together.
• He quit his auto-racing career after his father asked him to focus on the business.

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