E. Stanley Kroenke
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Enos Stanley "Stan" Kroenke (born 1947 in Columbia, Missouri) is an American business entrepreneur who is listed in the Forbes 400 as one of the richest people in the world. His wealth is estimated to be about $2.1 billion and based primarily on real estate. His wife is Anne Walton, a Wal-Mart heir.
Kroenke obtained a Bachelor of Arts, Bachelor of Science and a Masters of Business Administration from the University of Missouri. He founded the Kroenke Group in 1983, a real estate development firm that has constructed numerous shopping centers and apartment buildings. Since his marriage to Walton, he has been in the special position to develop many of the plazas near Wal-Mart stores. He is also the chairman of THF Realty, an independent real estate development company that specializes in suburban development. He founded this corporation in St. Louis in 1991.
Kroenke is currently a sports mogul. As the head and owner of Kroenke Sports Enterprise, has has been co-owner of the National Football League's St. Louis Rams since their relocation to Missouri in 1996. In 2000, he became full owner of both the National Basketball Association's Denver Nuggets and the National Hockey League's Colorado Avalanche, purchasing the team from Charlie Lyon's Ascent Entertainment Group. In 2002, he partnered with football legend John Elway and Denver Broncos owner Pat Bowlen to become co-owner of the Arena Football League's Colorado Crush. He continued to grow his sports empire in 2004, when he purchased National Lacrosse League's Colorado Mammoth and Major League Soccer's Colorado Rapids from Phil Anschutz.
Kroenke Sports Enterprise also owns the Pepsi Center in Denver and co-owns Dick's Sporting Goods Park in Commerce City, Colorado, which was built by his development company. In 2004, Kroenke launched the Altitude Sports and Entertainment cable channel, a direct rival toFox Sports Net Rocky Mountain, and the current home to all games of Kroenke-owned Denver teams. Kroenke recently formed TicketHorse, a ticket company that provides in-house sales for all of his teams.
Kroenke has been recently linked to a takeover or substantial investment in English football (soccer) club Arsenal FC; Arsenal and Colorado Rapids currently have a technical link up. On April 5, 2007, it was confirmed that Granada Ventures, a subsidiary of ITV plc, had sold their 9.99% stake in Arsenal Holdings plc to Stan Korenke's KSE UK inc.[1]
He is also attempting to convince CART to return a race to the road course in Denver.
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- ^ Kroenke buys stake in Arsenal ESPN Soccernet, April 5, 2007
