Ted Leonsis: Founder and CEO of Monumental Sports & Entertainment

About Ted Leonsis: Founder and CEO of Monumental Sports & Entertainment

Theodore John "Ted" Leonsis (born January 8, 1957, in Brooklyn, New York) is a Greek American billionaire businessman and sports team owner. He is a former senior executive with America Online (AOL) and the founder, chairman and CEO of Monumental Sports & Entertainment, which owns the NHL's Washington Capitals, the NBA's Washington Wizards, the WNBA's Washington Mystics and Monumental Sports Network. As of 2026 his net worth was $3.9 billion. Leonsis was born to a family of working-class Greek immigrant grandparents, who were mill workers, and parents who worked as a waiter and a secretary. When his high school guidance counselor evaluated his skill set, the counselor concluded that young Ted was destined to work in a grocery store. He attended Brooklyn Technical High School, then moved to Lowell, Massachusetts, graduating from Lowell High School in 1973, and was the first in his family to go to a university, Georgetown, from which he graduated in 1977. He has served on Georgetown's board of directors and briefly as mayor of Orchid, Florida. Sources: English Wikipedia (Ted Leonsis, accessed September 2026).

Basic Information

Founder, chairman and CEO, Monumental Sports & Entertainment

Company Details

Monumental Sports & Entertainment

Sports Ownership, Media

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