Bloomberg Billionaires Index

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# 355 Jerry Jones $5.93B

Random fact: Drinks Johnny Walker Blue Label whisky on the rocks.


Jones owns the Dallas Cowboys, the most valuable franchise in the National Football League. He bought the team in 1989 for $150 million after making his fortune in Texas from oil and gas. Jones also has investments in Comstock Resources as well as real estate, hospitality management and Papa John's franchises.

As of :
Last change -$28.3M ( -0.5%)
YTD change -$318M ( -5.1%)
Industry Entertainment
Biggest asset Dallas Cowboys
Citizenship United States
Age 77
Wealth Self-made
View net worth over:   Max 1 year 1 quarter 1 month 1 week

Relative Value

Jerry Jones's net worth of $5.93B can buy ...

troy ounces of gold
barrels of crude oil

... and is equivalent to ...

of the GDP of the United States
of the total wealth of the 500 richest people in the world
of the top 100 U.S. college endowments
of the top 200 U.S. executives’ total awarded compensation
of U.S. existing home sales
times the median U.S. household income

Latest News

Net Worth Summary

Private asset
Public asset
Misc. liabilities
Confidence rating:

The majority of Jones's fortune is derived from his ownership of the Dallas Cowboys, the National Football League franchise he purchased in 1989 for a then-record $150 million, Jones said. The team is valued based on a Bloomberg analysis and discussions with Peter J. Schwartz, a New York-based valuation consultant. Jones owns the whole team and is believed to hold no debt in the organization, according to Schwartz.

Jones owns 84 percent of Comstock Resources, according to the company's 2019 proxy statement.

The value of his cash and other assets is based on information provided a person familiar with the holdings who asked not to be named because the holdings are private.

Through a series of entities named Blue Star, he also owns hundreds of acres of land in Collin County, Texas, including the Dallas Cowboys global headquarters, The Star. These properties are valued at about $552 million, according to the Collin Central Appraisal District's 2019 market value assessment.

Jones also has a 40 percent stake in Legends Hospitality Management, according to the person familiar with his holdings. The closely-held company is valued at $700 million based on a Bloomberg News story in May 2017 about the sale of a minority stake in the company.

His 100 Papa John's franchises are worth about $750,000 per store based on an analysis by Bruce Schaeffer, the president of Franchise Valuations. Schaeffer estimates that each store would have annual Ebitda of about $150,000 and be worth about five times Ebitda.


Birthdate: 10/13/1942
Family: Married, 3 children
Education: University of Arkansas, University of Arkansas at Little Rock

Jerral "Jerry" Jones was raised in the Rose City section of North Little Rock, Arkansas, the son of grocery store owners Pat and Arminta Jones. He attended the University of Arkansas where, on his first day on campus, he met Eugenia "Gene" Chambers, a student and beauty queen, according to a profile of the billionaire by ESPN The Magazine in 2014. They married 18 months later.

At Arkansas, Jones played football and was co-captain of the 1964 Arkansas team that went undefeated and was crowned national champion by the Football Writers of America Association. He graduated from the school in 1965 with a degree in business administration and earned his MBA there the same year, according to his official biography.

Shortly after graduating, Jones decided he wanted to buy a pro team and struck a deal to buy the San Diego Chargers of the then-fledgling American Football League, according to a transcsript of an HBO interview with Jones published by CBS Sports in 2015. That deal fell through when Jones reconsidered given the team's poor financial health. Jones went on to a business in fast food franchises and then into oil wildcatting, where he had the unusual good luck of striking oil in 12 of his first 13 wells, according to a 2009 profile of Jones in the Dallas Observer. The oil business cemented Jones's fortune.

Jones paid $140 million for the Dallas Cowboys in 1989, the largest price paid for an NFL team at the time. He revamped the team, firing the only person to serve as the team's coach, Tom Landry, and named Jimmy Johnson coach and himself general manager, in charge of player personnel. The franchise would go on to win three Super Bowls through 1995.

Jones and Gene live in the Dallas area. Their three children - Stephen, Charlotte and Jerral Jr. - are executives with the Cowboys.

  • 1942 Jerral "Jerry" Jones is born. He grows up in North Little Rock, Arkansas.
  • 1965 Graduates from University of Arkansas with undergraduate and graduate degrees.
  • 1966 Reaches deal to buy San Diego Chargers, then backs out.
  • 1989 Purchases Dallas Cowboys for then-record price of $140 million.
  • 1992 Cowboys win first of three Super Bowls under Jones.
  • 2004 Enters joint venture with Papa John's for Texas pizza franchises.
  • 2009 Opens new Cowboys venue, AT&T Stadium, in Arlington, Texas.
  • 2015 Begins constructing Gates of Prosper, a planned 1,500 home community.