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Sarver Net Worth

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Last Updated on October 24, 2022 by Mr. Shishir

Sarver Net Worth is an American businessman and entrepreneur with a net worth of $4.6 billion. He is the co-founder, former CEO and current Chairman of the Board of Directors of The Raptor Group, a private equity firm. He also has minority ownership in the NBA’s Phoenix Suns and NHL’s Arizona Coyotes.

Sarver was born in Tucson, Arizona, and raised in Scottsdale, Arizona. He graduated from Stanford University with a degree in economics.

Sarver is an entrepreneur and investor who has a net worth of $10 million. He is the co-founder of the investment firm Skyeline Ventures. Sarver also has a minority stake in the NBA’s Phoenix Suns.

Sarver, Wife

Sarver and his wife are high school sweethearts. They have been married for 19 years and have three children together. Sarver is a stay-at-home dad and his wife is a stay-at-home mom.

Sarver Net Worth

Credit: thetecheducation.com

How Did Robert Sarver Make His Money?

Robert Sarver is an American businessman and philanthropist. He is the majority owner and chairman of the NBA’s Phoenix Suns. He also owns a minority stake in the Arizona Coyotes of the NHL.

Sarver has a net worth of $1.3 billion as of September 2020. Sarver was born in Tucson, Arizona, and raised in Sierra Vista, Arizona. His father was a real estate developer and his mother was a homemaker.

He graduated from the University of Arizona with a degree in finance in 1984. After college, Sarver worked for several banks including First Interstate Bank and Security Pacific National Bank. In 1995, he founded Western Alliance Bancorporation, which became one of the largest bank holding companies in Arizona.

The company went public in 2004 and was sold to JPMorgan Chase & Co. for $3 billion in 2007. Sarver has been the majority owner of the Phoenix Suns since 2004. He purchased the team for $401 million from Jerry Colangelo.

The Suns are currently valued at $1.35 billion by Forbes magazine. Sarver is also a minority owner of the NHL’s Arizona Coyotes, which he purchased for $87 million in 2014 along with Andrew Barroway who became the majority owner later that year..

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How Much of the Suns Does Sarver Own?

Robert Sarver is the majority owner of the Phoenix Suns, owning 58% of the team. He bought the Suns in 2004 for $401 million.

What is Sarver Net Worth?

Sarver net worth is an estimated $1.6 billion as of June 2019, according to Forbes. Sarver made his fortune through a variety of investments, including banking, real estate, and private equity. He is the owner of the NBA’s Phoenix Suns and NHL’s Arizona Coyotes.

Who Owns Part of the Phoenix Suns?

The Phoenix Suns are owned by an ownership group led by Robert Sarver. Other members of the ownership group include Steve Nash, Grant Hill, and Jared Dudley.

SARVER'S SAVINGS Who is Phoenix Suns owner Robert Sarver and what is his net worth?

Conclusion

Sarver is an American businessman and entrepreneur who has a net worth of $1.6 billion. He is the founder and CEO of The related Group, one of the largest real estate development firms in the United States. Sarver has been involved in the development of over 50,000 residential units and 100 commercial properties, totaling over $30 billion in value.

He is also a minority owner of the NBA’s Phoenix Suns.

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