Stan Kroenke
Stan Kroenke is adding another major trophy to his already enormous sports portfolio. The billionaire owner of the Los Angeles Rams has agreed to acquire a controlling interest in the Los Angeles Angels from Arte Moreno, bringing Major League Baseball into a sports empire that already stretches across the NFL, NBA, NHL, MLS and the English Premier League. The deal is not yet complete. Kroenke Sports & Entertainment is expected to close the transaction in the first quarter of 2027, subject to Major League Baseball approval and other closing conditions. The purchase price has not been officially disclosed. But the Angels deal has put one question back in the spotlight: just how rich is Stan Kroenke?
Stan Kroenke net worth: Inside the $24.3B fortune behind the NFL owner’s stunning sports empire
According to Forbes, Kroenke's real-time net worth stood at $24.3 billion as of September 1, 2026. And that fortune has allowed the 79-year-old Missouri-born businessman to build one of the most unusual sports portfolios in the world. That figure makes him one of the richest sports owners on the planet, although his wealth did not originally come from owning professional teams. Real estate was the foundation of Kroenke's fortune. Forbes describes him as a real-estate and sports mogul and says he owns roughly 60 million square feet of real estate, much of it shopping plazas located near Walmart stores. Kroenke also has an extraordinary land portfolio. The Land Report ranks him as the largest private landowner in the United States in its 2026 ranking, with approximately 2.7 million acres of ranchland spread across several states. His holdings include the historic Waggoner Ranch in Texas. So while sports have made Kroenke highly visible, real estate and land remain critical pieces of the fortune behind his empire.
How did Stan Kroenke make his money?
Kroenke began building his business career in real estate, eventually establishing the Kroenke Group and becoming heavily involved in commercial property development. His strategy included developing shopping centers, frequently near Walmart locations. His connection to Walmart is also personal: Kroenke is married to Ann Walton Kroenke, a member of the Walton family and daughter of Walmart co-founder James “Bud” Walton. However, Kroenke's own fortune is built primarily around his real-estate and business interests rather than being a Walmart inheritance. His real-estate portfolio has grown dramatically over the years, while his ranch holdings have expanded to millions of acres. The Waggoner Ranch alone became one of his most notable acquisitions. Kroenke purchased the historic Texas property in 2016 for $725 million. His broader ranch portfolio now makes him America's largest private landowner according to the 2026 Land Report.
Then came the sports empire
Kroenke's transition from real-estate mogul to sports powerhouse began with the NFL. He became the controlling owner of the Rams in 2010 and later moved the franchise from St. Louis back to Los Angeles in 2016. The move was followed by one of the biggest developments of his career: SoFi Stadium and the surrounding Hollywood Park project in Inglewood. The Rams eventually won Super Bowl LVI in 2022, doing it inside their own stadium. But the Rams were only one piece of the puzzle. Through Kroenke Sports & Entertainment, his portfolio also includes the Denver Nuggets, Colorado Avalanche, Colorado Rapids, and Arsenal in the Premier League. And now the Angels are joining the group.
Which sports teams does Stan Kroenke own?
Kroenke's major-league portfolio now stretches across six major sports leagues once the Angels transaction is completed:
Los Angeles Rams — NFL
Los Angeles Angels — MLB
Denver Nuggets — NBA
Colorado Avalanche — NHL
Colorado Rapids — MLS
Arsenal — Premier League
The Angels will be Kroenke's first MLB franchise. The six-league description refers to the six major competitions represented by those teams. His sports holdings also include the Colorado Mammoth of the National Lacrosse League, meaning his wider professional-sports portfolio reaches beyond those six leagues. There is also an unusual ownership structure surrounding some of the teams. Because of NFL ownership rules, Kroenke transferred his ownership interests in the Nuggets and Avalanche to his wife, Ann Walton Kroenke, in 2015, although they remain part of the broader Kroenke Sports & Entertainment empire.
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Kroenke's teams have been winning
The eye-catching part of Kroenke's portfolio isn't simply its size. It is the number of championships his teams have collected. The Rams won the Super Bowl in 2022. The Colorado Avalanche won the Stanley Cup in 2022. The Denver Nuggets captured their first NBA championship in 2023. And Arsenal added another major success to Kroenke's collection in 2026, winning the Premier League. ESPN noted that four of Kroenke's teams had won championships in their respective sports within the previous five years. That gives Kroenke something very few owners can claim: a sports portfolio that has produced championship success across multiple major leagues and two continents.
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