Owners/Real estate
Stan Kroenke
Stan Kroenke, 79, built a $27.6B fortune from shopping centres, many beside Walmart stores. He has controlled the Denver Nuggets since July 2000 through Kroenke Sports & Entertainment.
Net worth over time
Forbes estimates of Stan Kroenke's net worth each year, next to the Forbes value of the Denver Nuggets. From 2012 to now the net worth went from $3.2B to $27.6B, about 9 times as much.
Net worth
Forbes, in billions of dollars
Denver Nuggets
Forbes team value, bought 2000
Yearly points are from the Forbes billionaires lists, mostly the spring World's Billionaires list; the last point is the latest Forbes real-time figure, which can differ a lot from the spring list. Years without a published figure are skipped.
The businesses in detail
| Company | What it does | Size | Role and stake |
|---|---|---|---|
| The Kroenke Group and THF Realty | Build and own shopping centres and apartments, often beside Walmart stores | About 60 million sq ft in all (Forbes, 2026); THF's portfolio valued above $2B in 2016; no accounts published | Founder of both (1983, 1991); chairman of THF |
| Kroenke Sports & Entertainment (KSE) | Holds his teams, arenas, TV channels and radio stations | No group accounts; Forbes put six teams at about $22B before lifting the Rams to $13.5B | Founder (1999), owner; Josh is vice chairman |
How the main business makes money. His companies buy large plots and build shopping centres, often with a Walmart as the main store. Tenants pay rent, and the land gains value once developed. Forbes says the teams are now the largest part of his fortune.
Biggest deals.
- July 2000: $450M for the Nuggets, the Colorado Avalanche and their arena.
- August 2010: $450M for the 60% of the Rams he did not own, valuing the club at $750M.
- 2016-2021: moved the Rams to Los Angeles for a $645M NFL fee. St. Louis sued; the case was settled for $790M in November 2021.
- 1 September 2026: agreed to buy control of baseball's Los Angeles Angels. ESPN reported a record $4B valuation, citing sources. Closing is expected in the first quarter of 2027.
Career path
- 1974
Marries Ann Walton, niece of Walmart founder Sam Walton
- 1983
Founds the Kroenke Group; THF Realty follows in 1991
- 1995
Buys 30% of the NFL's Rams as they move to St. Louis
- 2000
Buys the Nuggets, Avalanche and arena through KSE
- 2007
Buys his first 9.9% of Arsenal; majority owner by 2011
- 2010
Takes 100% of the Rams; agrees to pass control of the Denver teams to Josh
- 2022-2023
Rams win the Super Bowl, Avalanche the Stanley Cup, Nuggets their first NBA title
- 2026
Arsenal win the Premier League; agrees to buy the Angels
Teams and sports assets
Owns now 13
- teamDenver NuggetsNBA · basketball · USSince 2000 · controlling; family-held, shares formally in wife Ann Walton Kroenke's name · Part of $450M for the Nuggets, Avalanche and arena
- teamColorado AvalancheNHL · ice hockey · USSince 2000 · controlling; family-held · Part of the same $450M package; Forbes records $202M
- teamLos Angeles RamsNFL · American football · USSince 1995 · 100% since 2010 · About $80M for the first 40%; $450M for the remaining 60% in 2010
- teamArsenal (men's team)Premier League · football (soccer) · UKSince 2007 · 100% since 2018 · Bought in steps: £731M club valuation at the 2011 takeover, £1.8B at the 2018 buy-out
- teamArsenal WomenWomen's Super League · football (soccer) · UKSince 2007 · 100% since 2018, through the club · Included with Arsenal
- teamColorado RapidsMLS · football (soccer) · USSince 2003 · owner through KSE · undisclosed
- teamColorado MammothNLL · lacrosse · USSince 2002 · owner through KSE · not found
- arenaBall Arenabasketball and ice hockey · USSince 2000 · owner · Included in the $450M package
- arenaSoFi Stadium and Hollywood ParkNFL · American football · USSince 2020 · owner, through StadCo LA · About $5.5B to build
- arenaDick's Sporting Goods ParkMLS · football (soccer) · USco-owner
- arenaEmirates StadiumPremier League · football (soccer) · UKthrough Arsenal
- arena1stBank Center, BroomfieldUSSince 2009 · 28-year operating joint venture with AEG
- sports businessAltitude Sports & Entertainmentmulti-sport · USSince 2004 · owner through KSE
Agreed, not yet closed 1
- teamLos Angeles AngelsMLB · baseball · USSince 2026 · controlling; percentage not stated · About $4B valuation reported by ESPN and Forbes sources; price not announced; closing expected Q1 2027
Owned before 3
- teamColorado Crush (defunct)Arena Football League · arena football · USSince 2002 · part-owner with Pat Bowlen and John Elway · not found
- teamLos Angeles Gladiators (folded)Overwatch League · esports · USSince 2017 to 2023 · owner through KSE · not found
- teamLos Angeles GuerrillasCall of Duty League · esports · USSince 2019 to 2024 · owner through KSE; sold to Gentle Mates · not found
Other investments and assets
- Companies and funds: Screaming Eagle, a Napa Valley winery, bought in 2006. Arsenal owes his company £340M in loans, per the Arsenal Supporters' Trust.
- Property: About 2.7 million acres of ranch land, first on the 2026 Land Report 100 list. In December 2025 he bought more than 937,000 acres in New Mexico.
- Family in the business: Wife Ann formally owns the Denver teams. Son Josh is Nuggets governor, KSE vice chairman and Arsenal co-chairman.
Giving and politics
- More than $17M to Colorado charities, per a team-supplied biography.
- Forbes gives him a philanthropy score of 1, its lowest band.
- Republican, per Wikipedia, which lists $1M to Donald Trump's 2017 inaugural committee and $100,000 to the Hillary Victory Fund in 2016.
How they run their teams
- He rarely gives interviews and delegates the Denver teams to Josh, president and governor since 2010. NFL rules on owning teams in other NFL cities required it.
- On 8 April 2025 Josh fired coach Michael Malone and did not keep general manager Calvin Booth.
- Consultant Marc Ganis told Forbes that Kroenke demands excellence and puts property into every sports deal.
What they have said
- Stan Kroenke called the Angels a historic franchise in a strong market.
- Josh Kroenke said he twice came close to changing coach and waited too long.
- Josh said he will approve no trades until coach and front office are aligned.
- Josh said he consults star Nikola Jokic, but ownership makes the final decisions.
- Josh told Arsenal supporters the family has no intention of selling.
Little-known facts
- His wife Ann Walton Kroenke, the Nuggets' formal owner, is a registered nurse.
- In 1999 his in-laws had a $400M deal for the same Denver teams rejected.
- The Chargers pay $1 a year in rent as tenants at SoFi Stadium.
Quick answers
What is Stan Kroenke's net worth?
Forbes puts Stan Kroenke's net worth at $27.6B, in its real-time estimate of 23 October 2026. Forbes' figure for 2012 was $3.2B.
What NBA team does Stan Kroenke own?
He has controlled the Denver Nuggets since July 2000 through Kroenke Sports & Entertainment. Forbes values the Denver Nuggets at $5.15B (October 2026).
Where does Stan Kroenke's money come from?
Stan Kroenke, 79, built a $27.6B fortune from shopping centres, many beside Walmart stores.
How old is Stan Kroenke?
Stan Kroenke is 79, born on 29 July 1947.
What other teams does Stan Kroenke own?
Besides the Nuggets, Stan Kroenke's current team holdings include Colorado Avalanche, Los Angeles Rams, Arsenal (men's team), Arsenal Women, Colorado Rapids and Colorado Mammoth.
Open questions
- Revenue, profit and debt of KSE and the property companies: not published.
- Financing of the 2000 purchase, and the fate of Liberty Media's 6.5%: not found.
- Angels price and percentage: not officially announced; the $4B valuation comes from unnamed sources.