What’s Jimmy Haslam’s Web Value?
Jimmy Haslam is an American businessman, sports activities group proprietor, and philanthropist with a web price of $4 billion. He’s the CEO of the Pilot Flying J truck cease chain, and proprietor of the NFL’s Cleveland Browns and MLS’s Columbus Crew.
As we element later on this article, Jimmy and his spouse purchased the Cleveland Browns in 2012 for $1.05 billion. Right now the group is price no less than $3 billion and doubtlessly as a lot as $4 billion.
James Arthur Haslam III was born to Jim and Cynthia Haslam on March ninth, 1954 in Knoxville, Tennessee. His father established the Pilot Oil Company in 1958 that might later merge with bankrupt Flying J in 2020 to change into Pilot Flying J. He has a youthful brother, Invoice, who would function governor of Tennessee from 2011 to 2019. Jimmy attended the College of Tennessee the place he was a roommate of Bob Corker who would go on to change into a United States Senator.
Jimmy started his profession at Pilot Company in 1976 as vp of gross sales, improvement and operations. With headquarters in Knoxville, the truck cease chain would change into one of many largest firms in the USA. Pilot first opened its journey heart in 1981, and by the point Haslam was named president and chief government officer in 1996, the corporate had grown to function 96 journey facilities and 50 comfort shops. In 2001, Pilot Company joined Marathon Ashland Petroleum LLC to create Pilot Journey Facilities LLC. In 2008, CVC Capital Companions acquired 49.8% curiosity in Pilot Journey Facilities LLC with Pilot retaining 50% possession of the corporate.
Cleveland Brown’s possession
In 2008, Jimmy acquired a minority curiosity within the Pittsburgh Steelers.
In August of 2012, Jimmy and his spouse, Dee, bought the Cleveland Browns from Randy Lerner for $1.05 billion. With the NFL prohibiting possession stakes in a number of groups, Jimmy bought his share of the Steelers.
Right now the Cleveland Browns are price no less than $3 billion.
On January 1st, 2019 the Haslam Sports activities Group purchased Main League Soccer membership Columbus Crew from Anthony Precourt who had wished to maneuver the group to Texas.
Philanthropy and Awards
Jimmy Haslam remained lively in his dwelling state of Tennessee by serving on the boards of United Means of Higher Knoxville and Anderson Media Company. He additionally served as honorary chair of the Boys & Ladies Golf equipment of the Cleveland marketing campaign committee. He was inducted into the Junior Achievement of East Tennessee Enterprise Corridor of Fame in 2007 and named recipient of the Ernst & Younger Entrepreneur of the Yr award for the Southeast area in 2010. In 2013, the College of Tennessee acknowledged him with the Distinguished Alumnus Award . Jimmy co-founded the Haslam Students Program for honor college students on the College.
In 2012, Jimmy and Dee Haslam bought a Bratenahl mansion on the southern shore of Lake Erie in Cleveland for $4.2 million. The 14,660-square-foot dwelling sits on 3.2 acres. In 2015, the couple listed their Knoxville, Tennessee, mansion on the market at $4.9 million.
Jimmy lives in Cleveland, Ohio, together with his spouse, Susan “Dee” Bagwell Haslam, CEO of RIVR Media. Collectively they’ve three grownup kids, James Bagwell Haslam (adopted in 2016), Whitney Haslam Johnson, and Cynthia Haslam Arnholt. In addition they have 5 grandchildren.