George Steinbrenner Net Worth: What was George Steinbrenner’s net worth?

George Steinbrenner was an American businessman who was the principal owner and managing partner of Major League Baseball’s New York Yankees from 1973 until his death in 2010.

Steinbrenner was the longest-serving owner in club history, and the Yankees won seven World Series championships and 11 American League pennants under his ownership.

Steinbrenner made his money as chairman of the Cleveland-based firm known as the American Shipbuilding Company.

Steinbrenner was a fierce competitor and as a result he was eager to expand into other lucrative ventures and professional sports certainly fit the bill.

Steinbrenner led a group that bought the New York Yankees from CBS in 1973 for $10 million ($61,041,979 in current dollar terms).

Steinbrenner was the first owner of a baseball team to sell cable TV rights (to MSG Network).

George Steinbrenner Net Worth

Steinbrenner died after suffering a heart attack in his Tampa home on the morning of July 13, 2010.

What was George Steinbrenner’s net worth? At the time of death, Steinbrenner had an estimated net worth of $1.9 billion.

Steinbrenner’s estimated net worth was $1.15 billion in 2009 according to the Forbes 400 List in Forbes magazine issued in September 2009.