What Are Philip Anschutz & Edward Roski’s Net Worth?

Philip Anschutz, billionaire investor whose holdings include the Los Angeles Lakers, the NHL L.A. Kings and Staples Center, watches the Sacramento Kings play the Lakers in an NBA basketball game at Staples Center in Los Angeles Saturday, March 17, 2013.
(AP Photo/Reed Saxon)
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Not only did Philip Anschutz and Edward Roski save the Los Angeles Kings from bankruptcy, but they also helped bring the franchise its first two Stanley Cups in 2012 and 2014, along with consistent NHL playoff odds to this day.

Below, I’ll break down the net worths of Anschutz and Roski, and how the duo became two of the richest NHL owners.

How Much Is Philip Anschutz Worth?

Anschutz has a net worth of $19.4 billion according to Forbes.

How Did Philip Anschutz Make His Money?

Anschutz built his initial fortune in the gas and oil industry during the 1970s, most notably securing lucrative positions in Wyoming. He expanded into railroads and telecommunications in the 1980s and 1990s, buying and selling several companies for substantial profits.

What Does the Anschutz Family Own?

The Anschutz family owns the Anschutz Corporation, which focuses on entertainment, sports, hospitality, and energy.

Under the umbrella of the Anschutz Corporation, the family owns or operates venues such as Crypto.com Arena and the O2 Arena, as well as four sports teams: the Los Angeles Kings, Ontario Reign, LA Galaxy, and Eisbären Berlin.

The corporation also has investments in railroads, real estate, and media, including ownership of a few newspapers.

How Much Is Edward Roski Worth?

Roski has a net worth of $6.5 billion according to Forbes.

How Did Ed Roski Make His Money?

Roski primarily made his money as a commercial real estate developer through his family’s company, Majestic Realty, which his father founded in 1948. The company owns more than 92 million square feet of industrial real estate in the United States.

How Much of the Lakers Does Ed Roski Own?

Roski owns approximately 2.5 to 3% of the Los Angeles Lakers. He acquired his minority stake in the franchise in 1998.

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