Josh Kroenke Net Worth 2023, Age, Wife, Partner, Spouse, Height, Arsenal

Josh Kroenke net worth

Read about Josh Kroenke net worth, age, wife, partner, children, height, family, parents, siblings, businesses as well as other information you need to know.

Introduction

Josh Kroenke is an American heir to the Walmart family inheritance and to Kroenke Sports & Entertainment, his father’s sports-media conglomerate.

He is involved in running the Denver Nuggets basketball franchise, the Colorado Avalanche ice hockey franchise, the Colorado Rapids, and the English football club, Arsenal. The company co-owns Elitch Gardens Theme Park as well.

Early life

NameJosh Kroenke
Net Worth$1.5 billion
OccupationBusinessman, Entrepreneur
Height1.83m
Age42 years
Josh Kroenke net worth 2023

Josh Kroenke was born on May 7, 1980 (age 42 years) in Columbia, Missouri, United States. His father is Stan Kroenke and his mother, Ann Walton Kroenke. Through his mother, he is a member of the Walton family, one of the richest families in the world, who founded Walmart and still own a controlling interest.

Check Out: Ann Walton Kroenke net worth

Kroenke has a sister, Whitney Kroenke Burditt. He grew up in Columbia, Missouri, and attended Rock Bridge High School. He graduated from the University of Missouri, where he received a full basketball scholarship. While in college, Kroenke found himself involved in a scandal which led to the resignation of Larry Eustachy, the coach of the Iowa State basketball team.

In 2003, Eustachy, a friend of Josh’s father Stan Kroenke, attended a student party with Josh in Columbia, Missouri. Photos of Eustachy drinking with college students at the party later surfaced and led to his resignation from his position at Iowa State.

Career

Josh Kroenke now serves as the President of both the National Basketball Association’s Denver Nuggets and National Hockey League’s Colorado Avalanche.

In 2013, Josh Kroenke was appointed by his father, the majority shareholder, to the board of English association football club Arsenal as a non-executive director. As directors of Arsenal, the Kroenkes have garnered significant antipathy from supporters who feel that they have no ambition and are merely using it for their own profit at the expense of the team’s decline.

Check Out: Stan Kroenke net worth

In April 2021, Arsenal were announced as a founding member of the European Super League, which would have effectively ended the pyramid system of European football and placed Arsenal in a closed league without prospects for meritocratic relegation and promotion.

Arsenal and the five other English clubs involved backed out within two days after a strong backlash. After the aborted attempt to end the European football system, Arsenal protested and called for the Kroenke family to sell the club. The Kroenke family released a statement saying they would not sell the club.

House

Josh Kroenke resides in Denver, Colorado. He purchased a 1,885-square-foot condo for $1.4 million in 2007. Prior to his move to Denver, Josh Kroenke lived in New York City. He and his sister, Whitney Kroenke Burditt, purchased a 1,735-square-foot condominium, with a 400-square-foot roof deck, a small balcony and views of the Empire State Building for $2.7 million in 2005. They sold it in 2007 for $2.45 million below both the initial listed price of $2.995 million and their final asking price of $2.55 million.

Wife

Josh Kroenke is currently single. He was in a relationship with Elizabeth but separated due to incompatibility. Josh has no children.

Josh Kroenke net worth

How much is Josh Kroenke worth? Josh Kroenke net worth is estimated at around $1.5 billion. His main source of income is from his career as a Businessman and Entrepreneur. Kroenke’s sucessful career has earned him some luxurious lifestyles and some fancy cars trips. He is one of the richest and most influential people in the United States.