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  • Liverpool.com

    Liverpool owner John W Henry's net worth rises to staggering new all-time high

    By Dave Powell,

    6 hours ago
    https://img.particlenews.com/image.php?url=0LJunh_0wAQw2li00

    Liverpool's principal owner, John W. Henry , has seen his net worth soar to an unprecedented level .

    The Fenway Sports Group (FSG) boss has overseen a period of sustained growth for his company. Since founding FSG in 2002 as New England Sports Ventures, alongside current Liverpool chairman Tom Werner, the 75 year old Henry has been at the helm.

    This move coincided with their acquisition of the Boston Red Sox baseball team, the iconic Fenway Park stadium, and 80% of the regional TV sports network NESN. Since then, the FSG sporting empire has expanded significantly, with Liverpool being added in 2010 for $429 million, a move that has since turned into an asset worth around $6.5 billion.

    The Pittsburgh Penguins NHL team was added in 2022, along with investments in the RFK Racing NASCAR team and TMRW Golf League outfit, Boston Common Golf. Earlier this year, FSG also increased its portfolio by acquiring a stake in the commercial arm of the PGA Tour.

    The overall portfolio of the FSG empire is now worth over $13 billion, with the firm eyeing the acquisition of an NBA expansion franchise when the league gives the go-ahead, with Las Vegas being the favourite.

    FSG also owns several other related businesses, including Fenway Sports Management and Fenway Sports Group Real Estate, as well as owning the stadiums where their teams play, reports the Liverpool Echo .

    The expansion of FSG has seen John Henry amass significant wealth, with personal investments beyond the FSG sphere including ownership of the Boston Globe newspaper. Forbes data reveals that Henry's net worth has surged from $1.6 billion in 2015 to a staggering $6 billion today, marking a 275% increase over nine years.

    This year alone, the Reds' principal owner's net worth has jumped from $5.1 billion earlier this year, as per the annual Forbes list which ranked him 597th among the world's richest individuals, to $6 billion in the current list, placing him at 541st, a $910 million rise within months.

    The robust value of FSG's assets and their growing valuation, coupled with Henry remaining the majority shareholder, has seen his wealth skyrocket in a short span. Among other FSG ownership group members featured on the list, Werner's net worth is pegged at $2 billion.

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