Ted Leonsis Net Worth

He is the majority owner of the Washington Capitals, Washington Wizards, and the Washington Mystics. He is also the founder and chairman of Monumental Sports & Entertainment, which owns and operates the teams. Additionally, he has invested in several venture capital funds and has produced several films.
Ted Leonsis is a member of Richest Billionaires

Age, Biography and Wiki

Who is it? Businessperson, Author, Investor, Philanthropist, Film Producer
Birth Day January 08, 1957
Birth Place United States
Ted Leonsis age 66 YEARS OLD
Birth Sign Capricorn
Net Worth: $1 Billion
Gender: Male

💰 Net worth: $1 Billion (2024)

Some Ted Leonsis images

Born Theodore John Leonsis on January 8, 1957, in Brooklyn, New York, US, he is best known as the Internet industry pioneer who was instrumental in turning AOL (previously known as America Online) into a global phenomenon. It was in 1994 when his early media company, Redgate Communications, was acquired by America Online and Leonsis held the position of AOL's senior executive for the next 13 years. Over three decades, Ted has proven to be a serial entrepreneur who has built and sold multiple successful businesses. As the founder, chairman, majority owner and CEO of Monumental Sports & Entertainment, he owns operates the Washington Capitals (NHL), Washington Wizards (NBA), Washington Mystics (WNBA) and the Verizon Center. While in his role of venture capital investor, he has made numerous investments on his own, as well as became a partner in the newly created "speed-up capital" Revolution Growth Fund II. In addition, Ted Leonsis is also an acknowledged producer of documentaries, and the founder, chairman and largest shareholder of SnagFilms. He created and produced award-winning documentary Nanking (2007), along with the subsequent two documentaries Kicking It (2008) and Fighting Chance (2010). Even though the number of the charities that he supported is constantly growing, Ted's highlighted philanthropic causes include Best Buddies, DC Central Kitchen, See Forever Foundation, Venture Philanthropy Partners and many more. This native New Yorker, who later lived in Lowell, Massachusetts, currently lives in McLean, Virginia, and Vero Beach, Florida, with his wife and two children.