Jim Buss Net Worth: The Success Story Of A Business Magnate


Jim Buss is a well-known name in the business world, especially in the sports industry. He is a former executive vice president of basketball operations for the Los Angeles Lakers, one of the most successful basketball teams in the world. Jim Buss is not only known for his work with the Lakers, but he is also a successful businessman with a net worth of over $600 million.

Early Life and Career

Jim Buss was born on October 21, 1959, in Los Angeles, California. He is the son of the late Jerry Buss, the former owner of the Los Angeles Lakers. Jim Buss grew up in a family that was involved in the sports industry, which sparked his interest in the field. He went to the University of Southern California and graduated with a degree in business.

Jim Buss started his career in the real estate industry, where he worked as a broker. He was successful in the business and made a name for himself. However, he wanted to pursue his passion for basketball, and in 1998, he joined the Lakers organization as a scout.

Success with the Los Angeles Lakers

Jim Buss quickly rose through the ranks in the Lakers organization and became the executive vice president of basketball operations in 2012. He was responsible for the team’s basketball-related decisions, including player signings, trades, and draft picks. Under his leadership, the Lakers won two NBA championships in 2009 and 2010, and they reached the playoffs seven times.

Despite his success with the Lakers, Jim Buss faced criticism from fans and media for some of his decisions. He was accused of making bad trades and signings that hurt the team’s performance. In 2017, he was let go from his position in the organization.

Business Ventures and Net Worth

Jim Buss is not only known for his work with the Lakers but also for his successful business ventures. He is the co-founder and CEO of the real estate investment firm, The Buss Group. The company specializes in commercial and residential properties and has a portfolio of over $1 billion.

Jim Buss also owns several other businesses, including a winery in Napa Valley and a horse racing stable. His net worth is estimated to be over $600 million, making him one of the wealthiest people in the sports industry.


Jim Buss is also known for his philanthropic work. He is a board member of the Los Angeles Lakers Youth Foundation, which supports youth programs and initiatives in the Los Angeles area. He has also donated to several charities, including the Make-A-Wish Foundation and the Cedars-Sinai Medical Center.


Jim Buss is a successful businessman and sports executive who has made a name for himself in the industry. Despite facing criticism for some of his decisions with the Lakers, he has achieved great success with the team and his other business ventures. His net worth is a testament to his hard work and dedication. Jim Buss is also a philanthropist who gives back to the community and supports youth programs and initiatives.