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Started By
Message
The Denver Broncos have a new owner…
Posted on 6/7/22 at 10:53 pm
Posted on 6/7/22 at 10:53 pm
quote:Rob Walton.
Per industry source, the sale price for the Broncos is a U.S. sports-franchise record $4.65 billion. It's clear how much Walton-Penner group wanted Broncos. #9sports
Instantly becomes the wealthiest NFL owner.
Now…bring back the vintage uniforms!
4
Posted on 6/7/22 at 11:30 pm to TTsTowel
quote:
Instantly becomes the wealthiest NFL owner.
Negative.
Posted on 6/7/22 at 11:33 pm to TigerOnTheMountain
To be fair, the Walton family is the richest family in the world.
Still hate the Broncos even with a hog running the show.
Still hate the Broncos even with a hog running the show.
Posted on 6/7/22 at 11:40 pm to UltimateHog
quote:
To be fair, the Walton family is the richest family in the world.
I guess you've never heard of The House of Saud.
Posted on 6/7/22 at 11:43 pm to facher08
They're a very distant 3rd.
Posted on 6/7/22 at 11:52 pm to UltimateHog
They’re not and the Walton family doesn’t own the Broncos. Rob Walton is a part owner and his net worth is around 6 billion I believe. It may be more than that now after the Arvest Bank stuff, but I don’t think it exceeds Tepper’s net worth in Carolina.
Posted on 6/7/22 at 11:56 pm to TigerOnTheMountain
quote:
They’re not
They are.
quote:
At $238 billion, the Waltons are the richest family in the world thanks to their massive stake in Walmart, the world's largest company by revenue.
The fourth generation of the Mars family, the second-richest clan after the Waltons, currently runs the eponymously named Mars candy company.
Posted on 6/8/22 at 12:03 am to UltimateHog
The Rothchilds are the wealthiest family in the world. Their collective net worth is estimated at over $400 billion.
Posted on 6/8/22 at 12:03 am to TigerOnTheMountain
Negative. A quick google can really save you the time.
This post was edited on 6/8/22 at 12:04 am
Posted on 6/8/22 at 12:06 am to UltimateHog
quote:
Today, the family's total net worth is estimated at an eye-watering $400 billion, with some estimates ranging to an astonishing $1 trillion
Posted on 6/8/22 at 12:06 am to TigerOnTheMountain
quote:
The Waltons are the world’s wealthiest family, worth $238 billion, according to the Bloomberg Billionaires Index. About half that fortune is tied to the world’s largest retailer, the company founded by Sam Walton in 1950.
:micdrop:
Bloomberg Billionaires Index is updated daily btw.
This post was edited on 6/8/22 at 12:07 am
Posted on 6/8/22 at 12:09 am to UltimateHog
You’re wrong
Arkansas always taking that L.
Arkansas always taking that L.
Posted on 6/8/22 at 12:09 am to TigerOnTheMountain
White flag it my guy. I don't blame you.
Posted on 6/8/22 at 12:13 am to UltimateHog
That trashy family from Arkansas is pretty rich, but they’re not on the level of the Rothschild family baw. They’ve got about 30 descendants with a net worth over a billion.
Posted on 6/8/22 at 12:16 am to TigerOnTheMountain
Unfortunately there are a lot of really big websites that track such things.
Bloomberg, Forbes, among others all list Walton as the #1.
So I'll stick with that one.
Bloomberg, Forbes, among others all list Walton as the #1.
So I'll stick with that one.
This post was edited on 6/8/22 at 12:16 am
Posted on 6/8/22 at 4:02 am to UltimateHog
Publicly, the Waltons probably are the richest family in the world, at least as far as the legit businesses goes.
Privately, I'd wager that the Saudis, Vlad Putin, the Rothschilds, The Qutaris, the Emirates, and who knows how many more dicators and resource-rich oligarchs are all worth well above anything the Waltons can stack up.
I'd also bet a couple of the Mexican Cartels are worth more. Hell, besides the drugs, they basically own Cancun just like the mafia did Vegas back in the day. That's why it's remained pretty safe for American tourism for 30+ years now.
Privately, I'd wager that the Saudis, Vlad Putin, the Rothschilds, The Qutaris, the Emirates, and who knows how many more dicators and resource-rich oligarchs are all worth well above anything the Waltons can stack up.
I'd also bet a couple of the Mexican Cartels are worth more. Hell, besides the drugs, they basically own Cancun just like the mafia did Vegas back in the day. That's why it's remained pretty safe for American tourism for 30+ years now.
This post was edited on 6/8/22 at 4:06 am
Posted on 6/8/22 at 4:41 am to Jack Ruby
Nah the DEA claims that el chapo is worth like a 1/10th of Pablo Escobar, and the DEA always overestimates. The cartels are much more fractured than the 80's, there was medallin and cali back in the day.
Posted on 6/8/22 at 4:57 am to TigerOnTheMountain
Rob Walton is wo6rh like 60 billion.
Posted on 6/8/22 at 5:08 am to UltimateHog
This is a stupid argument who cares?
Posted on 6/8/22 at 5:50 am to meauxses
quote:
Back in 1998, his final NFL season, team owner Pat Bowlen came to John with an offer. At the time, John was owed $21 million in deferred salary (à la Bobby Bonilla). Bowlen's offer was simple:
#1: John could buy 10% of the team for $15 million.
#2: John could have another 10% if he agreed to relinquish the $21 million deferred salary.
In other words, for a combined $36 million (with only $15 million of cash coming out of his bank on day one), John Elway could have bought 20% of the Broncos. At that level, Bowlen was offering 20% of the Broncos at a $180 million overall team valuation.
As if that offer wasn't generous enough, Pat gave John a 100% risk-free insurance policy. If after five years John wanted out, he could sell his stake back to Bowlen for his purchase price plus $5 million. So not only risk free, literally get paid $5 million if he changed his mind.
And in case you are wondering if Elway could have afforded $15 million down in 1998, at that point he had earned $50 million in NFL salary, around $20 million from endorsements AND just one year earlier had sold his John Elway Autos franchise for $82.5 million.
So $15 million for a risk-free opportunity to own 20% of an NFL team. What did John decide?
He declined. And today that officially became an absolutely horrendous decision.
Not to beat a dead bronco, but recall that John Elway was offered the chance to buy 20% at a $180 million team valuation. In other words, today John Elway's decision to NOT take Pat Bowlen's offer officially cost him…
$900 million
As if that wasn't painful enough, there's more pain in this story for John Elway. Instead of buying 20% of the Broncos, John ended up taking that same down payment amount, $15 million, and invested it in what eventually proved to be a $150 million Ponzi scheme. Not only did John NOT make any return on the $15 million, he lost a bit more than half of his investment.
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