Ted Leonsis Net Worth: Businessman, Film Producer & Author

Ted Leonsis Net Worth: Ted Leonsis is a billionaire businessman, film producer, author, philanthropist, and owner of multiple professional sports franchises. Many of Ted Leonsis’ investments in sports teams and movies, as well as his success as the author of “The Business of Happiness,” contributed to his wealth. Ted has established himself as a successful businessman who has built and sold multiple enterprises over the past three decades.


Ted Leonsis Early Life

On January 8, 1957, Theodore John Leonsis was born in Brooklyn, New York to Greek immigrant millworker grandparents and waiter and secretary parents. Ted did lawn mowing as a kid to make some extra cash, and his high school guidance counselor predicted that he would one day work in a supermarket(Ted Leonsis Net Worth). The wheels were set in motion, however, while Jim Shannon was mowing the lawn of his wealthy stockbroker and Georgetown alumnus homeowner. Ted graduated from Lowell High School, and after making a good impression on Shannon, he was able to enroll at Georgetown University. Must Read About Benjamin Netanyahu Net Worth

Ted Leonsis Personal Life

Ted and his wife, Lynn Leonsis, have raised a son and a daughter. They tied the knot back in August of 1987. After selling the family homes in McLean, Virginia, and Vero Beach, Florida, Ted Leonsis spent $20 million in 2011 on a 13-acre estate in Potomac, Maryland. Joseph P. Kennedy and Franklin D. Roosevelt once owned this 20,000-square-foot mansion.

Ted Leonsis Net Worth

Ted Leonsis Net Worth
Source: bizjournals.com
Net Worth: $2 Billion
Date of Birth: Jan 8, 1957 (65 years old)
Place of Birth: Brooklyn
Gender: Male
Profession: Businessperson, Author, Investor, Philanthropist, Film Producer
Nationality: United States of America

LIST Magazine

Ted left Harris Corporation at 25 years old and moved to Florida to begin his first business venture, publishing “LIST,” a technology magazine that mainly focused on personal computing. He raised $1 million in the capital with his partner, Vicent Pica. The first issue was published in 1982 and proved a big success selling $50,000 worth of copies on the newsstands. Two years later, Ted sold the business to Thomson Reuters for $40 million, pocketing $20 of that. Read More David Andrews Net Worth

Other Ventures & Philanthropy

Ted Leonsis, in his capacity as a venture capitalist, has made several individual investments and joined the recently established “speed-up capital” Revolution Growth Fund II as a partner. Ted Leonsis is not only the founder, chairman, and major stakeholder of SnagFilms, but also a widely recognized documentary film producer(Ted Leonsis Net Worth). He directed and produced the critically acclaimed documentaries “Nanking” (2007), “Kicking It” (2008), and “Fighting Chance” (2010). Despite the ever-increasing list of organizations that Ted donates to, some of the most notable are Best Buddies International, DC Central Kitchen, See Forever Foundation, Venture Philanthropy Partners, and many more. I hope you like this post so you can read more posts on TheActiveNews.Com.