How much is the owner of the Angels worth?
In 2003, Arte Moreno became the first Mexican-American Major League Baseball owner when he purchased the Angels for $184 million. He’s a pretty successful guy, and his hard work has paid off. His current estimated net worth is $4.8 billion. That’s a lot of zeroes!
But how did he get so rich? Well, Moreno made his fortune through advertising. He founded “Premier Promotions,” which later became “Premier Exhibitions,” a company specializing in museum exhibits and traveling attractions. One of his biggest hits was the “Titanic: The Artifact Exhibition.” This exhibit, featuring actual artifacts from the famous ship, was a huge success and brought in a ton of money.
Moreno’s business savvy and passion for baseball led him to buy the Angels. He’s not just a passive owner, though. He’s actively involved in the team, and he’s passionate about making the Angels a winning franchise. Since buying the team, the Angels have made it to the playoffs several times and even won the World Series in 2002. It’s safe to say that Moreno’s investments in the Angels have paid off both financially and in terms of on-field success.
So there you have it! The owner of the Angels is a pretty successful businessman with a net worth that’s truly impressive.
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