The New York Islanders have endured postseason droughts and arena controversies over the past few decades, but the future is looking bright for the franchise, with a rejuvenated roster and strong NHL playoff odds.
Jon Ledecky and Scott Malkin may not rank among the elite of the richest NHL owners , but they’ve brought stability to the Islanders since purchasing the team in 2014.
Here’s a breakdown of their net worths and how Ledecky and Malkin made their fortunes:
How Much Is Jon Ledecky Worth?
Ledecky has an estimated net worth of $340 million.
How Did Jon Ledecky Make His Money?
Ledecky made his money by starting his own company, U.S. Office Products, in 1994. By the time he left the company in 1998, he was already worth about $200 million.
What Does Jon Ledecky Own?
Ledecky owns the Islanders and also has ownership stakes in the team’s AHL affiliate, as well as UBS Arena.
How Much Is Scott Malkin Worth?
Malkin has an estimated net worth of around $400 million.
How Did Scott Malkin Make His Money?
Malkin built his fortune through Value Retail, a company he founded in 1992.
Value Retail operates high-end retail “villages” and outlet locations across the world in major cities such as New York, London, Milan, and Paris.
What Does Scott Malkin Own?
Along with the Islanders, Malkin also owns Value Retail and SD Malkin Properties.
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