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Jerry Jones first made his fortune by finding oil and gas in Arkansas.
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In 1989, Jones purchased the Dallas Cowboys for $140 million – close to $350 million in today’s money.
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As the owner of the Cowboys, Jones has overseen three Super Bowl triumphs.
Jerry Jones is one of the most recognisable owners in the NFL. As the head of what is commonly cited as the most popular team in the league, his actions are constantly under the spotlight.
Of course, while he does come under much scrutiny, Jones has profited greatly from owning the Cowboys – especially as NFL shared revenues have shot up since he took over in 1989.
Having found success in oil and gas, steered the Cowboys to the Super Bowl, and being an avid art collector, as you’d assume, Jerry Jones’ net worth is quite formidable.
Dallas Cowboys Owner
In 1984, “Bum” Bright became the owner of the Dallas Cowboys, purchasing the team that joined the NFL in 1960 from Clint Murchison Jr for $85 million alongside 11 partners.
Bright kept head coach Tom Landry in his role. Not only had Landry won two Super Bowls, but to date, he was the Cowboys’ only ever head coach.
By 1989, Bright was happy to cash-in on a team that had only made it to the postseason once in five years and was bleeding $1 million per month, selling up to Jerry Jones for $140 million.
Jones’ first course of action was sacking Landry, and while success didn’t come immediately, by 1992, the Cowboys were Super Bowl champions. By January 1996, Jones’ team had raised the trophy three times.
Predominantly due to his ownership of the Cowboys, Jones has become a billionaire, with the team presently valued at around $9 billion as one of the most valuable sports teams in the world.
How Much Is Jerry Jones Worth?
Forbes’ live real-time net worth tracker places the president and general manager of the Dallas Cowboys, Jerry Jones, at $13.7 billion.
Worth $9 billion, the Dallas Cowboys are the greatest contributors to Jones’ net worth. Such valuation, and the $1 billion in revenue made each year, dwarfs that of even the richest football clubs in the world.
While the strength of the local market, team merchandise sales, and the like do contribute greatly, much of the Cowboys’ value is owed to the ever-increasing shared revenue from NFL media rights contracts.
Even if the Cowboys made good on their NFL odds to win their first Super Bowl since the mid-90s, it’s the league’s power that drives Jones’ net worth valuation.
Also contributing are his oil and gas works, which include a controlling stake in Comstock Resources, trading at a recently-plummeted price (at the time of writing) of $8.32.
Art Collecting
Jerry Jones is a well-known art collector, flipping his billions from oil, gas, and NFL earnings into the works of some of the world’s most renowned artists.
At AT&T Stadium, the home of the Cowboys, you can spot the creations of Franz Ackermann, Doug Aitken, Ricci Albenda, Mel Bochner, Daniel Buren, Jim Campbell, Mary Corse, Teresita Fernández, and Olafur Eliasson.
Further, in his more private collection, Jones has a painting by Picasso as well as ‘Coin Toss’ by Norman Rockwell.
While fans can enjoy art tours and all of the other modern art sculptures dotted around the stadium, they’d much rather see the Cowboys become online betting favourites for the NFL crown,
How Old Is Jerry Jones?
Jerry Jones is 81-years-old, and will turn 82 on 13 October 2024. When he purchased the Dallas Cowboys, Jones was 47-years-old.
Who Is Jerry Jones’ Wife?
Jerry Jones is married to Eugenia Jones. The couple met at university and got married in 1963. Her maiden name was Chambers.
*Credit for the photos belongs to Alamy*
