Since purchasing the club in June 2009, the Montreal Canadiens under owner Geoff Molson’s watch have maintained their place as one of the NHL’s model franchises.
Among the heirs to the prominent Montreal-based Molson family, best known for their role in the brewing business, Geoff Molson is undeniably one of the NHL’s most recognizable owners.
As the man behind hockey’s most historic franchise, Molson has not only steered the team toward its greatest Stanley Cup odds in decades, but also made plenty back on his initial investment of $575 million to purchase the hockey club.
How Much Is Geoff Molson Worth?
Geoff Molson’s personal net worth is not public knowledge; however, as the largest stakeholder in the Canadiens and a member of the Molson family, some clues are available as to why he’s one of the NHL’s richest owners.
According to Sportico, the Montreal Canadiens are valued at $3.3 billion. Meanwhile, the Montreal Gazette reported that the Molson family was estimated to be worth approximately $2 billion.
Who Is Geoff Molson?
Born in Montreal, Quebec, Molson currently serves as the Montreal Canadiens’ president and CEO, with ownership stakes in other Montreal venues as well as the WNBA expansion team Toronto Tempo.
Previously, Molson had worked in the family business throughout the 1990s into the 2000s, starting in sales before moving into management and VP roles with the company.
In 2009, alongside two of his brothers and a number of corporate partners, Molson helped spearhead the purchase of the Canadiens from George Gillett Jr., returning the team to Molson family ownership, as it had been between 1957 and 1971.
Is Geoff Molson a Good Owner?
Molson’s legacy as the Canadiens’ owner is somewhat mixed, with the club’s success somewhat modest compared to its glory years under previous direction.
Beyond a trip to the Stanley Cup Final in 2020, the trophy cabinet has been relatively bare for the Canadiens under Molson, with Habs fans still awaiting an elusive 25th Stanley Cup.
Since taking ownership, the Canadiens have a .530 points percentage, which ranks 10th-worst in the NHL during that span.
Molson has also seen the Canadiens at times embroiled in controversy with their French-Canadian fans, as the club has struggled to produce talented Quebecois as the team had done for decades prior.
Despite these struggles, the Canadiens appear to be headed in the right direction, as a lengthy rebuild since claiming the 2020 Clarence S. Campbell Bowl has finally begun to bear fruit, thanks to a host of homegrown talent.
How Much Is the Molson Family Worth?
Per the Montreal Gazette, the Molson Family is Quebec’s 17th-richest family, with an estimated net worth of roughly $2 billion.
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