⬅ # 613 Tobi Lütke|# 615 Jon Stryker

# 614 John Henry 

$5.37B

Real Time Net Worth
as of 5/18/2024

# 614 John Henry 

$5.37B

Real Time Net Worth
as of 5/18/2024
OccupationOwner, Boston Red Sox
Source of WealthSports
Age74
ResidenceBoca Raton, Florida
Marital StatusMarried
Children2
Age-Adjusted Net Worth$2.08B
John Henry
John Henry
United States
Net worth: $5.37B

Self-Made Score 

Wealth History

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Biography

Early Life

John William Henry II was born on September 13, 1949, in Quincy, Illinois, to soybean farming parents, spending his youth between Illinois and Arkansas.
At 15, due to asthma, his family relocated to Apple Valley, California, where he attended and graduated from Victor Valley High School.
Henry attended but did not graduate from Victor Valley College, University of California, Riverside, University of California, Irvine, and UCLA, majoring in philosophy.
He pursued a career in music, touring with bands Elysian Fields and Hillary, attributing his lack of graduation to this involvement.
In 1981, John W. Henry & Company was founded after Henry's successful trend-reversal method in futures trading.

Career

Established John W. Henry & Company in 1981, focusing on commodities trading.
Sold management firm by December 2012 after assets fell from $2.5 billion in 2006 to under $100 million.
Entered sports ownership with minor league baseball team Tucson Toros in 1989.
Co-owned the West Palm Beach Tropics, winning the 1989–90 season in the Senior Professional Baseball Association.
Became sole owner of the Florida Marlins in 1999, later selling the club to Jeffrey Loria.
In 2001, co-founded New England Sports Ventures (now Fenway Sports Group) and acquired the Boston Red Sox.
Expanded sports portfolio to include Liverpool F.C., Pittsburgh Penguins, and NASCAR's Roush Fenway Racing.

Sports Ownership

Purchased Boston Red Sox in 2002, overseeing their first World Series win in 86 years in 2004.
Acquired Liverpool F.C. in 2010, overseeing multiple successes including winning the Champions League in 2019.
Expanded into NASCAR with a 50% stake in Roush Fenway Racing, winning the Daytona 500 in 2009.
Saved Fenway Park from demolition, opting for renovations and celebrating its centennial in 2012.
Participated in various bids and negotiations for NBA and NHL teams, including the Orlando Magic and New Jersey Nets.

Other Ventures

Founded iRacing.com Motorsport Simulations in 2004, offering racing simulation services.
Purchased The Boston Globe in 2013 for $70 million, later selling Worcester Telegram & Gazette in 2014.
Became an investor and owner of Harvard Book Store in December 2021.
Four-time World Series champion as principal owner of the Boston Red Sox.

Personal Life and Recognition

Enjoys playing baseball simulation games, including Out of the Park Baseball.
Portrayed briefly in the film Moneyball, depicting his team's adoption of 'Moneyball' ideas leading to Red Sox's 2004 World Series win.
Received multiple honors, including recognition for his role in breaking the 'Curse of the Bambino' with the Red Sox.

How long would it take you to become as rich as John Henry?

If you started with $10,000 and invested an additional $500 each month at a 44.10% CAGR, it would take you 5 years to reach John Henry's net worth of $5.37B.

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 42.76% compared to 11.89% for the S&P 500 benchmark.

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

John Henry 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 John Henry, Sports 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