On the second Sunday of February, one of the year’s most anticipated sporting events will take place. Super Bowl LVII, the culmination of the NFL playoffs, pits the Kansas City Chiefs against the Philadelphia Eagles, and fans throughout the country can’t wait for the action to begin in Glendale, Arizona.
Both Patrick Mahomes and the Chiefs and Carson Wentz and the Eagles will be going for a repeat of their 2018 Super Bowl victory.
It will be interesting to see Andy Reid, head coach of the Chiefs, go up against his old team in a game of this magnitude. Yet, Chiefs owner Clark Hunt is the real engine behind the team’s success.
Learn about Hunt’s wealth and the Chiefs’ previous owners right here!
Clark Hunt’s Net Worth: How Rich is Kansas City Chiefs’ Owner?
According to estimates, Hunt is worth close to $2 billion. It has been estimated that the combined wealth of the Hunt family is $15.5 billion.
Hunt inherited his fortune from his oil magnate grandfather, H.L. Hunt, who was one of the wealthiest Americans of his day. Clark’s dad, Lamar Hunt, was one of those kids.
Although Hunt did not intentionally invest in the Chiefs because he inherited the team, the worth of the franchise appeared to be rapidly increasing. The Chiefs’ 2022 valuation of $3.7 billion was merely 23rd among all franchises, although it was a significant improvement from the previous two years’ valuations of $2.9 billion and $2.5 billion, respectively.
During 2016, the worth of the Chiefs increased by approximately 200% thanks to the emergence of Patrick Mahomes and the team’s potential to win numerous Super Bowls in the next four seasons.
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How Did the Hunt Family Make Their Money?
Clark Hunt’s family has been prosperous for the better part of a century. Haroldson Lafayette Hunt Jr. (H.L. Hunt) was the initiator; he amassed his fortune by founding the Hunt Oil Corporation in 1936. The finding of ast oil resources in Libya in the 1960s was one of his most fruitful business endeavors.
Hunt invested his vast fortune from the sale of oil and natural gas in the publishing, cosmetics, pecan farming, and health and food production industries.
Conservative political commentary radio and TV shows were created by H.L. Hunt’s own foundation, Facts Forum, which he personally funded. After his death in 1974, his fortune was distributed among his 15 children.
In 1982, when Forbes first published their Forbes 400 list, 11 Hunt family members were included. Clark’s dad, Lamar Hunt, was one of the most successful people on that list. The American Football League (AFL), Major League Soccer (MLS), and World Championship Tennis were all founded in part by Lamar Hunt, who also played a pivotal influence in the development of the sports industry as a whole.
In 1999, the U.S. Open Cup—the oldest continuously held national soccer tournament in the United States—was officially renamed the Lamar Hunt U.S. Open Cup in his honor.
In 1963, Hunt created the Kansas City Chiefs, and he owned the franchise for many years. In 1969, when the Chiefs won their first Super Bowl, Lamar Hunt was the team’s owner. Lamar Hunt sold the company to his son and current CEO Clark in 2005. In 2006, at the age of 74, Lamar Hunt passed away.
The Chiefs of Ownership: A Tale of Leadership and Legacy
Lamar Hunt, Clark Hunt’s father, started the team in 1960 under the name Dallas Texans. As his attempts to get the NFL to accept a Dallas expansion franchise were unsuccessful, he established the AFL and began play with his new team there.
— WEIRDWOLF (@KCWEIRDWOLF) January 20, 2020
As the Texans relocated to Kansas City and became the Chiefs, the AFL united with the NFL. The Chiefs have won the AFC championship trophy three times in the last four years, and it is named for Lamar because he founded the AFL.
Clark is the chairman and CEO of the Chiefs, although the rest of Lamar’s family owns the team and has control over day-to-day operations since his death in 2006. On Sunday, he will have the opportunity to win the Lombardi Trophy for a second time after winning his father’s honorary award in January.
You Should Know More Interesting Facts About Clark Hunt
Clark Hunt is the major owner, Chairman, and CEO of the Kansas City Chiefs. He is the son of Chiefs founder Lamar Hunt and the grandson of oil mogul H.L. Hunt.
Since Hunt took over as Chiefs CEO in 2010, the team has gone 7-1 in the AFC West and made 9 trips to the postseason. After the 2019 and 2020 seasons, the Chiefs won the AFC and made back-to-back trips to the Super Bowl, where they defeated the San Francisco 49ers for the first time in franchise history.
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Hunt, who got his start in the financial world as an investment banker for Goldman Sachs after receiving his MBA, was also one of the league’s first investors and owners.
Clark’s father and dad started the Kansas City Wizards and owned them until 2006. He is the current owner of FC Dallas.
Frequently Asked Questions About Clark Hunt’s Net Worth
How Much is the Hunt Family Worth?
Gracie’s family is one of the wealthiest in the United States, with a net worth of $2 billion. Her grandfather, Lamar Hunt, founded the American Football League (AFL) and Major League Soccer (MLS).
Where Did Clark Hunt Get His Money?
H.L. Hunt, the inspiration for the J.R. Ewing character on the long-running TV series “Dallas,” founded the Hunt family fortune. In 2008, his eldest children, Margaret and H.L. Hunt III, sold Hunt Petroleum to XTO Energy for $4.2 billion in cash and stock.
How Much is the KC Chiefs Franchise Worth?
The franchise worth of the National Football League’s Kansas City Chiefs climbed from 2002 to 2022. The franchise was worth 3.7 billion US dollars in 2022. The Lamar Hunt family purchased the Kansas City Chiefs franchise in 1960.
How Did Lamar Hunt Earn His Money?
Hunt was raised in professional athletics by a millionaire family that built their fortune in the Texas oil sector. He was a founding investor in the Chicago Bulls of the National Basketball Association, as well as the Columbus Crew and the Kansas City Wizards of Major League Soccer.