⬅ # 701 Ken Xie|# 703 João Moreira Salles ➡

# 702 Jeffrey Lurie 

$4.53B

Real Time Net Worth
as of 7/2/2024

# 702 Jeffrey Lurie 

$4.53B

Real Time Net Worth
as of 7/2/2024
OccupationOwner, Philadelphia Eagles
Source of WealthPhiladelphia Eagles
Age72
ResidenceWynnewood, Pennsylvania
Marital StatusMarried
Children2
EducationDoctorate, Brandeis University; BS, Clark University
Age-Adjusted Net Worth$2.01B
Jeffrey Lurie
Jeffrey Lurie
United States
Net worth: $4.53B

Self-Made Score 

Wealth History

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Biography

Overview

Jeffrey Lurie, born September 8, 1951, is an American businessman known for owning the Philadelphia Eagles NFL team and occasional film production.
In 1994, Lurie purchased the Philadelphia Eagles for $185 million, which has since grown in value to over $5.6 billion.
He took an executive role at General Cinema Corporation, his grandfather's film company, in 1983 before founding Chestnut Hill Productions in 1985.
Lurie has won two Academy Awards for producing documentaries: 'Inside Job' and 'Inocente.'

Early Life and Education

Born into a Jewish family in Boston, Lurie's grandfather, Philip Smith, founded General Cinema, a major movie theater chain.
Lurie earned a B.A. from Clark University, a master's degree in psychology from Boston University, and a doctorate in social policy from Brandeis University's Heller School.
Before entering business, he served as an adjunct assistant professor of social policy at Boston University.
General Cinema evolved into Harcourt General Inc., a $3.7 billion conglomerate, with interests ranging from movie theaters to publishing houses.
Lurie's thesis at Brandeis focused on the portrayal of women in Hollywood films.

Career

Joined General Cinema Corporation in 1983, working as an executive and advisor in the film industry.
Founded Chestnut Hill Productions in 1985, which produced numerous Hollywood movies and TV shows.
Won Academy Awards for producing documentaries 'Inside Job' and 'Inocente' in 2011 and 2013 respectively.
Lurie has also been involved in film acting and production for various films and television shows.

Philadelphia Eagles Ownership

Lurie attempted to purchase the New England Patriots in 1993 before buying the Philadelphia Eagles in 1994 for $195 million.
Financed the Eagles purchase with a loan from the Bank of Boston, backed by personal stock in Harcourt General and GC Companies Inc.
In 2017, Forbes valued the Eagles at $2.65 billion, making them the 10th most valuable NFL team.
Led the Eagles to victory in Super Bowl LII in 2018, defeating the New England Patriots.
Under Lurie's ownership, the Eagles have become a prominent team in the NFL.

Personal Life

Met Christina Weiss during a film production meeting, marrying her in 1992 and divorcing in 2012.
Married Tina Lai on May 4, 2013.
Has two children, Milena and Julian, from his previous marriage.
Lurie's personal life has seen significant changes amidst his professional successes.
Maintains interests in both sports and film, reflecting his diverse background and passions.

How long would it take you to become as rich as Jeffrey Lurie?

If you started with $10,000 and invested an additional $500 each month at a 44.06% CAGR, it would take you 5 years to reach Jeffrey Lurie's net worth of $4.53B.

Is this realistic? It depends how closely the VIX-TA-Macro Advanced model performs to its history in the future. Since Grizzly Bulls launched on January 1, 2022, it's returned 48.24% compared to 16.19% for the S&P 500 benchmark.

Enter data in all but one field below, then calculate the missing value

Jeffrey Lurie is very wealthy, but what's stopping you from reaching that same level of success? As summarized in our five fundamental rules to wealth building, becoming wealthy in a modern capitalist economy is not complicated. There's actually only three variables:

  1. Your starting capital
  2. Your earnings after expenses
  3. The compound annual growth rate (CAGR) of your savings

Most people start with zero or very little, so if you weren't born into wealth, don't fret! The majority of the fortunate folks listed in our Grizzly Bulls’ Billionaires Index came from middle class or lower backgrounds. The most distinguishing characteristic of the group is their ability to consistently earn a high CAGR on their savings.

Every billionaire has a unique strategy to achieve high CAGR. For Jeffrey Lurie, Philadelphia Eagles is the primary source. Whether you choose to invest your savings in your own businesses or the businesses of others is not as important. The salient piece of the puzzle is ensuring that your hard-earned savings are generating sufficient CAGR to reach your long term goals.

Most people simply invest their money in index funds and call it a day. There's nothing wrong with this approach, but it guarantees relative mediocrity. To achieve greatness, you need to invest your money to earn higher than average returns. In the long run, better investors will always finish ahead of better earners.

Source: Grizzly Bulls reporting

Methodology: Grizzly Bulls' Billionaires Index is a daily ranking of the world's billionaires and richest people. Grizzly Bulls strives to provide the most accurate net worth calculations available. We pull data from public equity markets, SEC filings, public real estate records, and other reputable sources.

The index is dynamic and updates daily at the close of U.S. stock market trading based on changes in the markets, economy, and updates to Grizzly Bulls' proprietary algorithm of personal wealth calculation. Stakes in public companies are tracked daily based on the relevant closing prices of the underlying securities. Additionally, stakes in private companies, cash, real estate, and other less easily valued assets are updated periodically through careful analysis of insider transactions, comparable public company sales / EBITDA multiples, etc.

Edited by: Lee Bailey