Stanley Kroenke is an American businessman who has a net worth of $12 billion dollars.
That net worth makes Stan one of the richest people in Missouri. Stan Kroenke is best-known for owning Kroenke Sports & Entertainment, the holding company of numerous sports teams throughout the US and UK.
Through the company, he owns the English Association football club Arsenal F.C., the NFL's Los Angeles Rams, and the MLS's Colorado Rapids, among other teams.
He began his professional career in real estate, founding the Kroenke Group in the early 80s. The company focused on developing shopping centers and apartment complexes.
After he married Ann Walton Kroenke, one of the Wal-Mart heirs, he also began developing Wal-Mart shopping centers. In the early 90s, he founded THF Realty, a development firm focused on suburban areas. In the mid-90s, he shifted his focus to sports team ownership, and launched Kroenke Sports Enterprises.
Stan Kroenke was born as Enos Stanley Kroenke on July 29, 1947 in Columbia, Missouri. He grew up in the tiny unincorporated community of Mora, where his father owned Mora Lumber Company.
There, Kroenke had his first job sweeping the floor at the lumber yard. When he was 10, he was promoted to bookkeeping. Kroenke went to Cole Camp High School, where he played basketball and baseball and ran track.
Kroenke's biggest claim to fame is his sports and entertainment holding company Kroenke Sports & Entertainment, which he founded in Denver, Colorado in 1999. The company has ownership of five professional sports franchises and one association football club.