Jerry Reinsdorf: Owner of the Chicago Bulls and White Sox

About Jerry Reinsdorf: Owner of the Chicago Bulls and White Sox

Jerry Michael Reinsdorf (born February 25, 1936) is an American sports executive and businessman, the owner of the NBA's Chicago Bulls and MLB's Chicago White Sox. He started his professional life as a tax attorney with the Internal Revenue Service and has owned the White Sox and Bulls for nearly 40 years. As of August 2026 his net worth was estimated at US$2.3 billion. He made his initial fortune in real estate, taking advantage of the Supreme Court's Frank Lyon Co. v. United States decision, which allowed economic owners of realty to sell property and lease it back while transferring the depreciation tax deduction to the title owner. As owner and chairman of the Bulls since 1985 he oversaw a turnaround culminating in six NBA championships in the 1990s (1991 to 1993 and 1996 to 1998). He is controversial for his role, along with Jerry Krause, in breaking up the championship team by not hiring back Phil Jackson. He signed Michael Jordan as a baseball player during Jordan's sabbatical from basketball, and moved the Bulls from Chicago Stadium to the United Center. Sources: English Wikipedia (Jerry Reinsdorf, accessed September 2026).

Basic Information

Owner, Chicago Bulls and Chicago White Sox

Company Details

Chicago Bulls / Chicago White Sox

Sports Ownership, Real Estate

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