When it comes to NFL team owners, Jeffrey Lurie of the Philadelphia Eagles stands out as one of the wealthiest and most successful. While some owners relish the spotlight, Lurie keeps a relatively low profile, allowing his team’s performance on the field to speak for itself. Let’s dive into the details of his net worth and explore the key highlights of his personal and professional life.
Lurie’s Net Worth: How Rich Is the Philadelphia Eagles’ Owner?
Jeffrey Lurie’s wealth is undeniably massive. Forbes estimates his and his family’s net worth at $5.3 billion. That’s not just pocket change—it’s the kind of fortune that puts him among the wealthiest people in America. Born in Boston, Massachusetts, on September 8, 1951, Lurie’s path to becoming a billionaire began in his hometown, where he pursued education before entering the world of cinema and sports ownership.
Boston Beginnings: A Man of Many Degrees
Lurie’s educational background is impressive, to say the least. He completed a B.A. from Clark University and a master’s degree in psychology from Boston University. As if that wasn’t enough, he also earned a doctorate in social policy from Brandeis University. Early on, Lurie also worked as an adjunct assistant professor of social policy at Boston University.
His Boston roots are deep, and his love for sports was evident from a young age. In fact, he was a lifelong season-ticket holder for the New England Patriots since 1960. His connection to the team was so strong that in 1993, he attempted to buy the Patriots. Unfortunately, that deal didn’t come to fruition due to financial constraints. But Lurie’s ambitions were far from over.
The Big Move: Buying The Philadelphia Eagles
In 1994, Lurie made his big move into the NFL by purchasing the Philadelphia Eagles from Norman Braman. To close the deal, which cost $195 million, Lurie took out a substantial loan—$190 million from the Bank of Boston—and put up much of his personal stock as collateral. The investment has paid off handsomely.
Today, the Eagles are valued at a whopping $6.6 billion, an incredible return on Lurie’s initial purchase. The franchise generates around $650 million in revenue yearly, solidifying its position as one of the most successful NFL brands. Lurie’s leadership led the Eagles to their first Super Bowl victory in 2018, a milestone that cemented the team’s legacy and boosted its value significantly.
A Career in Film: Producing Oscar-Winning Documentaries
Before becoming a prominent NFL owner, Lurie was already making waves in the entertainment industry. In 1985, he founded Chestnut Hill Productions, which produced a number of films and television shows. While most of the projects were forgettable, Lurie struck gold with his work on documentaries. He produced Inside Job, a 2011 Academy Award winner for Best Documentary, and Inocente, which won the Oscar for Best Documentary Short in 2013.
Lurie’s commitment to impactful storytelling didn’t end there. In 2022, he added another Oscar to his name for Summer of Soul, an acclaimed documentary that earned widespread praise.