Jerry Reinsdorf Overview
Jerry Reinsdorf is an American Businessman and layer born on February 25, 1936. Jerry is the holder of the NBA’s Chicago Bulls and MLB’s Chicago White Sox. The businessman team White Sox won the 2005 World Series. The net worth of the businessman is $1.4 billion in 2018. The Jerry Reinsdorf began his career as a tax attorney with Internal Revenue Service. Jerry Reinsdorf was the longest owner of the White Sox. In 1981, the businessman owned White Sox franchise for $19 million. Jerry still has been the owner of 19% stake in Chicago White Sox Baseball team.
He created his wealth by buying sports teams. This businessman founded Balcor Company in 1973 which specialized in real-estate partnership. After the huge success of the firm, he later sold it to the American Express for $53 million. As of 2018 records, the Jerry ranked in 1650 position in the list of billionaires. Jerry Reinsdorf married to the Martyk Rifkin in 1956.
Together the couple has four children named Michael Andrew, David, Susan Janeen, and Jonathan Milton. Jerry is also the grandfather of 11 grandchildren. He is currently residing together with his family in Chicago, Illinois, United States. In 2013, the businessman co-founded Global Security and Innovative Strategies with Mark Sullivan, Noah Kroloff, Dennis Burke, David Aguilar, and John Kaites.
Jerry Reinsdorf was born in Brooklyn, New York to a Jewish family. The father of the Jerry was a sewing machine salesman. He completed his bachelor’s degree from George Washington University. During his college years, Jerry became the member of the Alpha Epsilon Pi.
The business founded the Charity bulls and White Sox Charities. Jerry White Sox Charities has given $1 million for the funding of the baseball and softball fields. He has also been the Life Trustee of Northwestern University.