Buss Siblings Got Nearly $1 Billion Each Following Lakers Sale

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Buss Siblings Got Nearly $1 Billion Each Following Lakers Sale

Jerry Buss bought the Lakers in 1979 for $67.5 million. Jeanie Buss and her siblings sold 66% on their controlling stake in the team to Mark Walter in October, leading to a $1 billion payout for each f the six Buss siblings, valuing the Lakers at $10 billion. They own a minority stake of 15% worth $1.5 billion.

By Samir Mehdi

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