Who is Jerry Jones?
He is a billionaire based in the USA. He was born in October 1942. He is known for owning the NFL team Dallas Cowboys. He is married to Eugenia “Gene” Jones. They have three children: Stephen, Charlotte, and Jerry, Jr.
Jones was born in Los Angeles. He graduated from the University of Arkansas. With the financial help of his father, he started a business in the oil and gas industry. He sold this company in the 1980s for US$ 175 million. He used the money to buy the Dallas Cowboys.
The Dallas Cowboys are a professional American football team based in Dallas. They are competing in the National Football League. The head coach is Jason Garrett.
Jones purchased the Cowboys in 1987 for US$ 150 million. The team is now valued between US$ 4.2 and US$ 5.6 billion dollars.
The Dallas Cowboys is the world’s most valuable sports team. It’s not just a team but also a brand. They won their last Super Bowl Title in 1996.
Jones was inducted into the Pro Football Hall of Fame in 2017.
He is not the only team owner with a large yacht. Stan Kroenke (Los Angeles Rams) owns the yacht Jubilee. Shahid Khan (Jacksonville Jaguars) owns Kismet.
Source of Wealth
The main source of wealth is the increased value of his Dallas Cowboys team. But he was wealthy before he bought the team. His parents owned a successful insurance company named Security Life Insurance.
The insurance company was sold in 1971. A few years before that the family had purchased the Buena Vista Ranch. The ranch is situated in the Ozark Mountains in Missouri.
Jerry’s father set aside 400 acres of his Buena Vista Ranch to create the Buena Vista Animal Paradise. Tourists could visit exotic animals there.
Blue Star Company
Jones is also active in real estate development through his Blue Star Development company. Blue Star is referring to the Dallas Cowboys’ logo: a blue star.
And he is also active in the oil and energy business. Through his Blue Star Exploration Company and Blue Star Oil and Gas Ltd.
He is also a controlling shareholder in Comstock Resources. Comstock is a Texas-based oil and gas company.