Jerral Wayne Jones Net WorthReal Name: Jerral Wayne Jones
Date of Birth: 10/13/1942
Place of Birth: Los Angeles, California
2017 Net Worth: $4.2 Billion
Profession: President and General Manager of the Dallas Cowboys
Jerry Jones Biography
Jerral “Jerry” Jones was born in 1942 in Los Angeles, California. The family moved to North Little Rock, Arkansas. Jones attended North Little Rock High School where he was a star running back on the football team. He attended college at the University of Arkansas where he was the co-captain of the National Championship football team in 1964.
After college, Jones worked for his father’s insurance company, Modern Security Life of Springfield, Missouri, as executive vice president. He received his Master’s degree in business in 1970. Jones tried various business ventures but was unsuccessful until he began an oil and gas exploration business, which he named Jones Oil and Land Lease. The business was based in Arkansas and quickly became very successful. This privately held company does natural resource prospecting.
In February of 1989, after realizing that he missed a great opportunity to purchase the San Diego Chargers football team in 1967, he decided to purchase the Dallas Cowboys football team for $150 million. He quickly fired the longtime coach Tom Landry and hired his old college teammate Jimmy Johnson. Soon after, Jones also fired longtime general manager Tex Schramm and took control over the team. The result of this famous shakeup resulted in the Cowboys winning the Super Bowl in both 1992 and 1993.
Although Jones is known for his close involvement with the team, he is not popular with many fans. He has been named in Sports Illustrated magazine as one of sports least favorite personalities. He has also been fined several times by the NFL for badmouthing referees and violating gag orders. Still, Jones has one of the most marketable teams in the NFL. His new 111,000 person stadium raked in $420 million when they hosted the Super Bowl in 2010.
Jones lives in Dallas, Texas, where he is a well-known art collector, partial to Norman Rockwell paintings. His current net worth is $4.2 billion.