How Did Jerry Jones Make His Money: Jones is the owner of the Dallas Cowboys, who are the most valuable franchise in the National Football League, according to Forbes. Having made his money in oil and gas in Texas, he purchased the team in 1989 for a sum total of $150 million. As well as in Comstock Resources, Jones owns stakes in several businesses such as real estate, hospitality management, and Papa John’s franchisees.
Jones was born in the Californian city of Los Angeles. In 1945, his family returned to North Little Rock, Arkansas, where he grew up. Jones’s father, J.W. “Pat” Jones (1920–1997), and mother, Arminta Pearl Clark Jones (1922–2012), were married in 1941 while Jones was a little child. They were the owners of Pat’s Super Market, which had two locations in the Rose City section in North Little Rock. Jones attended North Little Rock High School, where he played running back and graduated in 1960.
When Jones graduated from high school, his parents relocated to Springfield, Missouri, where Pat worked as the president and chairman of Modern Security Life Insurance Co. The assets of the company, which was advertised in an advertisement as a “one in a million” corporation, increased from $440,299.76 in its first financial statement in 1961 to $6,230,607 in its last financial statement in 1965.
Immediately upon his graduation from the University of Arkansas, Jerral W. Jones was promoted to the position of executive vice president. Having achieved financial stability via the corporation’s operations, the Joneses purchased the 5,500-acre Buena Vista Ranch east of Springfield in the Ozark Mountains and developed it into a working cattle ranch.
After selling the insurance company, the couple set aside 400 acres of their ranch to establish Buena Vista Animal Paradise, a place where guests could see exotic animals up and personal (now Wild Animal Safari in Strafford, Missouri, just south of Interstate 44).
Jerry Jones sat in the Cowboys suite at SoFi Stadium in Inglewood, Calif., on September 19 as his Dallas Cowboys defeated the Los Angeles Chargers. He was joined by rapper Post Malone and MMA fighter Conor McGregor, who were both in attendance.
Does this sound like the average lifestyle of the wealthy and famous? Consider yourself to be extremely wealthy. Jones’s real-time net worth was $10.4 billion as of September 20, 2021, according to Forbes magazine. To put it another way, how did Jerry Jones make his money?
According to Forbes, the owner of the Dallas Cowboys made his first million dollars through oil investments in the 1970s. Jones was referred to as a “wildcatter” by the magazine, which refers to someone who drills oil wells on terrain that is not known to contain an oil field.
In 2018, he continued his oil-industry career by becoming the main stakeholder of Comstock Resources, an oil and gas business based in Houston, Texas. Jones, according to Bloomberg, also has assets in real estate, hospitality management, and Papa John’s franchises, among other things. However, this is only a portion of his story.