Glen Taylor’s profile picture

Glen Taylor

Glen Taylor’s profile picture
Net worth 2018: $2.65 Billion
Industry: Service
Residence: Mankato, Minnesota
Country: United States
BirthDay: 20 April 1941
Sigh: Taurus
Children: 5
Education: Bachelor of Arts / Science, Minnesota State University
BIOGRAPHY

Glen Taylor was bornon 20 April 1941 in Mankato, Minnesota, United States. Glen Taylor is #922 in List Billionaires People In The World. Glen Taylor bought a wedding service business for $2 million in 1975 and turned it into Taylor Corp., a printing firm with $2.2 billion in sales. Taylor, who worked at the wedding business throughout college, stepped down as CEO of Taylor Corp. in 2015; he remains chairman. A Minnesotan, Taylor owns stakes in the state's NBA team, the Timberwolves, the Lynx WNBA team, and the United FC soccer team. In 2016, he sold 5% of his stake in both basketball teams to Lizhang Jiang, the NBA's first Chinese minority owner. Taylor also owns farmland in Minnesota and Iowa, as well as the Minneapolis Star Tribune, which he bought in 2014 for nearly $100 million.

NET WORTH STATISTIC
2009

$2.2 Billion

2010

$2.2 Billion

2011

$1.8 Billion

2012

$1.7 Billion

2013

$1.7 Billion

2014

$1.7 Billion

2015

$1.9 Billion

2016

$1.9 Billion

2017

$1.9 Billion

2018

$2.65 Billion

I like the garden and the farm stuff because I'm by myself, and it's the opposite of what I do all day long: sit in meetings, solve problems, listen to people, hear complaints and deal with bad things. That's my job.

Glen Taylor
TIMELINE
2017

In 2017, Taylor purchased the Iowa Energy of the NBA Development League (later called NBA G League) and renamed the team the Iowa Wolves as the developmental affiliate of the Timberwolves

2015

In 2015, his net worth was reported by Forbes to be $1

2014

In 2014, he purchased the Star Tribune for about $100 million

2005

In 2005, he was rumored to be a possible buyer for the Minnesota Vikings, but was outbid by Zygi Wilf

2000

In 2000, he was banned for nearly a year for signing Joe Smith to a secret contract in violation of the league's salary cap rules

1994

Taylor purchased majority ownership of the Minnesota Timberwolves NBA basketball team in 1994 and purchased the Minnesota Lynx WNBA basketball team in 1999

1981

Taylor was a Republican Minnesota State Senator from 1981 to 1990, serving as assistant minority leader from 1983 to 1985 and Minority Leader from 1985 to 1988

1978

In 1978 he received an executive MBA from Harvard Business School

1975

In 1975, company owner Bill Carlson wanted to retire, and Taylor offered to pay $2 million over the course of 10 years for the company

1959

He graduated from Comfrey High School in 1959, and received a bachelor of science in mathematics, physics and social studies from Minnesota State University, Mankato, in 1962

1941

Taylor (born April 20, 1941) is an American billionaire businessman who is the majority owner of the Minnesota Timberwolves NBA basketball team, owner of the Minnesota Lynx WNBA basketball team, owner of the Star Tribune, and a former member of the Minnesota Senate

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