Rams owner Stan Kroenke is 59th-richest person in America

Stan Kroenke is the third-wealthiest owner in the NFL, too.

Stan Kroenke upset a lot of fans when he decided to move the Rams from St. Louis to Los Angeles, stripping the city of its beloved NFL team. However, as painful as that was, the Rams owner has built something special in Southern California.

With the opening of SoFi Stadium in Inglewood, the Rams officially have a new home – and it’s a spectacular one, too. Kroenke is seeing the returns of the move, too, with the value of the Rams increasing by the year, thus growing his net worth, too.

According to Forbes, Kroenke is the 59th-richest person in America in 2020 with a net worth of $8.3 billion. He’s third among NFL owners, behind David Tepper of the Panthers (41st) and Jerry Jones of the Cowboys (56th).

Of course, the Rams aren’t Kroenke’s only source of wealth. He’s also a real estate mogul, owning 30 million square feet of real estate. His company, Kroenke Sports & Entertainment, also owns the Nuggets, Avalanche, Colorado Rapids and Arsenal.

Surprisingly, his net worth actually decreased from last year to 2020, dropping from $9.7 billion to $8.3 billion, which is about where it was in 2018 ($8.5 billion).

Rams are now 11th-most valuable sports franchise in the world

The Rams continue to rise the ranks.

Moving to Los Angeles has done wonders for the overall value of the Rams. Now playing in one of the country’s biggest markets, the Rams have increased their value in a big way – and that will only grow with the opening of SoFi Stadium this fall.

According to Forbes, the Rams are the 11th-most valuable sports franchise in the world. Their total valuation is $3.8 billion, which is slightly behind Manchester United ($3.81 billion) and the New York Giants ($3.9 billion).

In the NFL alone, the Rams rank fourth behind only the Giants, Patriots and Cowboys; Dallas is the most valuable in the world at $5.5 billion.

The Rams will surely lose some revenue as a result of the COVID-19 pandemic, which has hurt every industry in the country, but as long as the 2021 season goes off without a hitch and fans are allowed back in stadiums, the Rams’ value should continue to increase.

On Forbes’ list of the most valuable franchises in the world last year, the Rams ranked 12th. In 2016, the team’s first year back in Los Angeles, the rams were sixth in the NFL with a value of $2.9 billion. The year before in St. Louis, they were 28th.

Owner Stan Kroenke bought the Rams in 2010 for $750 million, and his investment has more than quadrupled since then.

For the first time, Kroenke Sports …

Available through 8 p.m. MDT on …

Before settling on the current site, …

Before settling on the current site, the Clippers explored locations as far south as Long Beach, according to the report, in addition to several areas in Los Angeles including Boyle Heights and near Union Station. They also had discussions with owners of the Forum and the L.A. Stadium and Entertainment District, which is being developed by Rams owner Stan Kroenke.