Joe Lacob Net Worth , Life, Career, Real Estate And Much More

Joe Lacob Net Worth , Life, Career, Real Estate And Much More

Joe Lacob is an American businessman with a net worth of $ 3 billion. Fortuned as a venture capitalist, Joe Lacob is best known as the majority owner of the NBA’s Golden State Warriors. Lacob bought the Warriors in 2010 with a group of investors, especially Peter Guber, for $ 450 million. Just a few months before the purchase, the Warriors hired a low-profile college student named Stephen Curry.

Joe Lacob Net Worth

Early Life

Joe Lacob was born in January 1956 in New Bedford, Massachusetts. He is a partner of Kleiner Perkins Caufield & Byers and is the majority owner of the NBA’s Golden State Warriors.

Education

Lacob graduated from the University of California, Irvine, holds a Master’s degree in Public Health from the University of California, Los Angeles, and holds an MBA from Stanford Business School.

Career

He became a partner of Kleiner Perkins in 1987 and previously worked for Cetus Corporation, FHP International, Booz, Allen & Hamilton.

Lacob was a major investor in the failed women’s professional basketball league, the American Basketball Association. In 2006 he became part of the Boston Celtics.

Report: NBA Fining Warriors' Joe Lacob $500,000 for Luxury Tax Comments – NBC Chicago

On June 5, 2019, Joe’s wife, Nicole Karen, got some bad publicity when she sat next to Beyonce in Game 3 of the NBA Finals.

She was at some point seen Nicole leaning on Beyonce to talk to Jay-Z. Beyonce’s face looked very frustrated with the gestures, and Nicole became one of the most trending articles on her Twitter the next day.

NBA: Playoffs-Dallas Mavericks at Golden State Warriors

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Real Estate

In September 2019, Joe bought the Malibu Beach House for $ 29 million. His main residence is a 14,000-square-foot mansion in Atherton, California, which he purchased in 2007 for $ 19.8 million. His Asserton’s home is directly opposite Google’s founder Sergey Brin’s $ 180 million ranch and Whatsapp’s founder Jankoum’s $ 100 million facility. Coincidentally, Joe and Yang bought a Malibu house at about the same time, but Yang’s house was quite expensive at $ 125 million.

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