George Michael Steinbrenner III also formally known as George Steinbrenner is an American businessman. In this article, we will discuss Steinbrenner net worth.
He is the owner of the American super baseball team, the New York Yankees from 1973 to 2010. Steinbrenner is one of the longest-serving owners in sports history.
Moreover, in this article, we will discuss Steinbrenner net worth, houses, charity work, and death.
|Full name||George Michael Steinbrenner III|
|Date of Birth||4 July 1930|
|Birthplace||Rocky River, Ohio, US|
|Obituary||13 July 2010|
|Father’s name||Henry George Steinbrenner II|
|Mother’s name||Rita Haley|
|Sister’s name||Susan and Judy|
|Chest size||Under Review|
|Shoe size||Under Review|
|Wife Name||Elizabeth Joan Steinbrenner|
|Children name||Hank, Hal, Jessica, and Jennifer|
|Net worth||$1.5 billion|
|Social Media Presence||Under Review|
|Source of Income||Business|
|Last Updated||February 2023|
Steinbrenner Net Worth
George Michael Steinbrenner III was an American sports businessman and owner of the baseball team Yankees.
Steinbrenner net worth was $1.5 billion. He earned fortune and fame as the owner of the New York Yankees.
His’s first attempt at owning a sports franchise occurred when he bought the Cleveland Pipers, a basketball team that was part of the old, and now-defunct, American Basketball League.
Most of the Steinbrenner earnings came through various partnerships with top companies in the world like CBS. In 1973, he signed a deal of $10 million with CBS for broadcasting rights.
Steinbrenner contributed just $170,000 of the $10 million purchase price. Over time he acquired around 60% of the team. At the time he died, the team was worth at least $2 billion.
Today, the American baseball team is worth $6 billion.
The late Steinbrenner’s 13,480 sq ft gated mansion in Tampa, Florida was listed for sale at $5.75 million.
He bought that two-story house for $3.8 million nearly four decades ago. It was a quite large house with seven bedrooms, three utility rooms, and two elevators.
The house also included crown moldings, ceiling medallions, hardwood floors, wood paneling, built-in cabinets and bookcases, and gold bathroom fixtures.
Other than that, he also owned a modern Mediterranean-style mansion with a price tag of $7 million.
Steinbrenner Charity Work
The MBL team Yankees owner had a very big heart as he helped everyone out there within his reach. During his time, he gave to many charitable causes.
He often donated to the families of fallen police officers in the Tampa Police Department and also provided college scholarships for many poor and needy children.
Steinbrenner even consoled and maintain the relationship with Olympic Swimmer Ron Karnaugh until his death after his father passed away. He was a very kind and humble person.
The Yankees owner has supported numerous individuals and charities including the Boys and Girls Club as well as the Salvation Army.
He had also donated $1 million to St. Joseph’s Children’s Hospital where a wing was named in his honor.
Steinbrenner Awards and Honors
George Steinbrenner has won many awards and honors during his career. Some of the noticeable awards and honors are:
- Seven-time World Series champion as the owner of the NY Yankees (1977, 1978, 1996, 1998–2000, 2009)
- Two-time Stanley Cup champion as the owner of the NJ Devils (2000, 2003)
- 1992 Tampa Metro Civitan Club’s Outstanding Citizen of the Year Award
- Steinbrenner Band Hall at the University of Florida was named in his honor
- George M. Steinbrenner High School in Lutz, Florida named in his honor. Steinbrenner was a generous contributor to the Tampa Bay area
During the 48 years of his business career, Steinbrenner had some controversies here and there. He was found guilty of illegal campaign contributions to Richard Nixon who was a member of the Republic party.
On 30 July 1990, he was banned permanently from day-to-day management of the Yankees for paying $40 thousand to a gambler to dig up dirt on Winfield.
Other than these, there are not many big controversies about George Steinbrenner III.
Steinbrenner Age and Height
George Steinbrenner III age was 80 years old when he died of a heart attack.
The height of the American businessman was 6 feet. He had brown-white hair color and grey eye color.
The sun sign of the late Steinbrenner was Cancer and he was a very nurturing and loving person.
Steinbrenner Ethnicity and Religion
Geroge Steinbrenner comes from a mixed ethnic background as his mother was an Irish immigrant and his father was of German descent.
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Furthermore, Steinbrenner is a Christian religion follower although many people believe that Steinbrenner’s last name leads to thinking that he is Jewish which is not true.
Who is Steinbrenner wife?
George Steinbrenner III was married to Elizabeth Joan. The couple met each other in Columbus. On 12 May 1956, Steinbrenner III and Elizabeth Joan took a wedding vow and got married.
However, sadly after eight years of her husband’s death, Joan also left this world.
Furthermore, she died at the age of 83 years old from natural causes.
In addition, Elizabeth Joan/Joan Steinbrenner also held the title of Yankee’s vice chair during her tenure.
George Steinbrenner and Elizabeth Steinbrenner were parents to four children: two sons and two daughters.
Henry George Steinbrenner III also known as Hank and Harold Steinbrenner also known as Hal are the two sons of Geroge Steinbrenner.
Furthermore, Jessica Steinbrenner and Jennifer Steinbrenner-Swindal are the two daughters of Geroge Steinbrenner.
The legendary American businessman Steinbrenner, owner of the baseball team Yankees died on 13 July 2010 at the age of 80 years old.
During the morning of the 2010 Major League Baseball All-Star Game, Steinbrenner left this world after suffering from a heart attack at St. Joseph’s Hospital in Tampa, Florida.
Sadly, Steinbrenner death came nine days after his 80th birthday, two days after the death of longtime Yankee Stadium public address announcer Bob Sheppard. And also eight days before the Yankee manager Ralph Houk.
It was the saddest week in the history of Major League Baseball. The Steinbrenner family added a monument to honor the death of George Michael Steinbrenner III in Trinity, Florida.
Interesting Facts About Steinbrenner
- The nickname of the owner of the baseball team Yankees was “The Boss”.
- Steinbrenner died at the age of 80 years old after suffering from a massive heart attack.
- He made history in American sports by hiring John McLendon for the Cleveland Pipers making him the first African-American head coach.
- The Yankee owner was also very fond of Broadway plays and music.
FAQs About Steinbrenner
How much was Steinbrenner net worth when he died?
Steinbrenner net worth was $1.4 billion at the time of his death on 13 July 2010.
How much is the Steinbrenner family worth?
Steinbrenner’s family is worth $1.4 billion after the death of Steinbrenner, primarily Hal Steinbrenner, Jessica Steinbrenner, and Jennifer Steinbrenner Swindal own it.
Does Steinbrenner own 100% of the Yankees?
No, Steinbrenner does not own 100% of the Yankees, they own 70% of the ownership.
What was Steinbrenner net worth?
In 2009, Steinbrenner net worth was $1.5 billion, and was the first owner of the baseball team to sell cable TV rights.