Jeffrey Loria net worth
Jeffrey Loria Net Worth and Salary: Jeffrey Loria is an American art dealer and owner of the Miami Marlins Major League Baseball team. Jeffrey Loria has a net worth of $500 million. Jeffrey Loria was born in New York City on November 20, 1940, and grew up in Manhattan, where he developed an early interest in baseball and participated in his first A New York Yankees game.
Loria attended Stuyvesant High School and Yale University, where he initially took pre-med courses. Loria chose art history because of the need for a history class. After college, he worked on Sears’ new art-buying program. In 1965, at the age of 24, he opened his own private art trading firm, Jeffrey H. Loria & Co. on Manhattan’s Upper East Side, and wrote a book, Collecting Original Art. He specializes in the masters of the 20th century. His collection includes works by Pablo Picasso and Henry Moore. Loria graduated from Columbia Business School in 1968. In 1999, Loria acquired a 24% stake in Montreal Expo for $12 million and became the managing general partner. Soon after, Loria ended up with 94% of the team at a $50 million valuation. He sold the Expo for $120 million in 2002 and bought the Florida Marlins for $158.5 million.
