FRANK & JAMIE McCOURT

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Net Worth:

$1.1 billion +28%


Last Year:

$860 million

Ages: Both 53


Residence:

Los Angeles


Source of Wealth:

Real estate, sports



The Money:

The Dodgers have proven a wise investment for the McCourts, who bought the team for $450 million in 2004. The team is now worth an estimated $632 million. Add to that 275 acres of land at Dodger Stadium valued at $1 million an acre and a dozen homes and other properties owned by the couple around the country. Jamie McCourt plays an active role in the Dodger organization, serving as vice chairwoman and president.



Buzz:

Baseball teams don’t need to win to go up in value. The Cubs might fetch $750 million and haven’t appeared in the World Series since 1945. Ticket and parking prices increased this year, while fans continue to turn out in record numbers for the Boys in Blue. Attendance topped 3.7 million last year, still below McCourt’s goal of 4 million. Fans may have more to cheer about this year if the team manages to win its first playoff series since 1988. The purchase of the team included the land around the stadium as well, which could be worth an additional $300-$500 million if developed. Frank McCourt has expressed a desire in the past to develop the area. Additional properties include a 100-acre Cape Cod estate. McCourt made money Boston real estate developer. Now, lives in Holmby Hills.

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