Find out who owns the Chicago Bulls, the owner's net worth, the source of wealth and the ownership history of the franchise.
The Chicago Bulls is one of the biggest franchises in the NBA. Based in Chicago, Illinois, the team is part of the Eastern Conference Central Division.
The Bulls were founded in 1966 and have established themselves as one of the most iconic franchises in NBA history, especially during the 1990s dynasty when they won six titles and achieved the three-peat twice.
Who owns the Chicago Bulls?
The Chicago Bulls is owned by Jerry Reinsdorf, who has been the principal owner since 1985.
Chicago Bulls ownership structure
Jerry Reinsdorf
Jerry Reinsdorf is an American businessman and sports executive known for the ownership of sports franchises such as the NBA's Chicago Bulls and MLB's Chicago White Sox.
Jerry Reinsdorf is also a real estate mogul and made a fortune through the Balcor Company. According to figures obtained from Wikipedia, his net worth is estimated to be US$2.2 billion.
Club Net Worth & Valuation
According to figures from Forbes, the Chicago Bulls are valued at $5 billion.
Club Ownership History
The Bulls franchise was founded in 1966. Dick Klein was the team's first and original founder before Jerry Reinsdorf took over in 1985 and has been the sole owner ever since.
Trophies and Achievements
The Chicago Bulls are one of the most successful franchises in NBA history, having won six NBA championships.