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Ted Leonsis Net Worth

Ted Leonsis Net Worth

Ted Leonsis net worth, wiki & biography:

Ted Leonsis Net Worth $1 Billion

His professional career began at Wang Laboratories in Lowell, Massachusetts. Mr. Leonsis is best known as a leader in the net sector. Mr. Leonsis was instrumental in turning AOL (formerly America Online) into an international phenomenon. In 1994, his early new media firm, Redgate Communications, was acquired by America Online and he became a senior AOL executive for the next 13 years. For more than three decades, Mr. Leonsis has turned out to be a serial entrepreneur that has assembled and sold several successful companies.

Leonsis can also be an acknowledge producer of documentaries. He is the founder, chairman and also the biggest investor of SnagFilms. He’s created and made the award winning documentary Nanking (2007), Kicking It (2008) and Fighting Chance (2010). He is likewise the writer of the organization of Happiness.

Ted Leonsis is the founder, chairman, majority owner and Chief Executive Officer of Monumental Sports & Entertainment. Mr. Leonsis owns and manages the Washington Capitals in the NHL, Washington Wizards in the NBA, Washington Mystics in the WNBA as well as the Verizon Center in Washington, DC. As a venture capital investor, he’s made several investments on his own as well as a partner in the newly-created “speed-up capital” Revolution Growth Fund II. A known philanthropist, Ted Leonsis supports an increasing number of causes, including Best Pals, DC Central Kitchen, See Forever Foundation, Venture Philanthropy Partners and more.

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