Joseph Lacob Biography – Billionaire And GSW Co-Owner

If you are an entrepreneur or aspiring to be one, it’s a wonderful idea to acknowledge where Joe Lacob came from and how he built a wonderful life for himself. Since he went from being penniless to becoming a billionaire, he has been successful financially, but life is more than just money.

For sports fans, Joseph Lacob is widely recognized as the majority owner of the Golden State Warriors of the NBA. Aside from that, he is also an American business executive and a partner at Kleiner Perkins. Therefore, in today’s article, we will discuss a few amazing facts about Joseph that is worthy of sharing.

Has An Impressive Educational Background

The business tycoon was born Joseph Steven Lacob on January 10, 1956. Joseph grew up in a Jewish family in New Bedford, Massachusetts. Lacob’s family then moved to Anaheim, California. He was raised in a low-economic family; however, it didn’t stop him from dreaming big in life.

Joe Lacob’s father, Sidney Lacob, worked at a local paper products company while his mother, Marlene Lacob, served at a supermarket as a nightshift cashier. Similarly, he grew up with his sibling, David Lacob. Furthermore, Lacob shared that his family couldn’t afford money for his education; hence, he had to earn money himself to pay for his college.

However, Joe Lacob wasn’t constrained by a lack of funds for his studies. He attended the University of California, Irvine, in 1978 and earned a bachelor’s degree in biological sciences. Joseph later studied at the University of California, Los Angeles (UCLA) and obtained a master’s degree in public health (epidemiology). Similarly, he received an MBA from the Stanford Graduate School of Business.

Also Read: Learn More About Kenneth G. McPeek’s Biography

Joseph Lacob Net Worth – $3 Billion

Joseph has accumulated a significant fortune thanks to his stellar career as a businessman and investor. According to Celebrity Net Worth, Joseph Lacob’s net worth is estimated to be $3 billion. However, as of July 2022, Forbes reports his fortune to be worth $1.5 billion. Nevertheless, the business executive is one of the established and recognized billionaires in America.

In 1987, the businessperson became a partner at Kleiner Perkins, a Venture capital investing firm. He has primarily invested in companies that work in the life sciences, medical technology, the Internet, and energy, including AutoTrader.com, Align Technology, and NuVasive.

Before joining Kleiner Perkins, Lacob held executive positions with the management consulting firms Booz, Allen & Hamilton, FHP International, and Cetus Corporation (now Chiron). In addition, Joseph was the chief investor in American Basketball League, a professional women’s basketball league that folded in 1998. He partnered with H. Irving Grousbeck as a co-investor in the Celtics in January 2006, becoming a portion owner of the team.

Purchasing Golden State Warriors

Joseph and the group of investors, on July 15, 2010, reached an agreement to purchase the NBA’s Golden State Warriors from Chris Cohan for $450 million, which led him to sell a minority of his stake in the Celtics. Before buying the team, for 10 years, he had been a season ticket holder. Furthermore, Stephen Curry is one of the best basketball players playing for the Warriors. As of October 2021, the total value of the club stands at a massive $5.6 billion.

Ten years ago today, Joe Lacob and Peter Guber became Co-Executive Chairmen of the Golden State Warriors. pic.twitter.com/ZY3sYpBv4g

— Golden State Warriors (@warriors) November 12, 2020

Overall, Joseph has amassed a substantial fortune due to his successful career as an investor and an entrepreneur. He owns an impressive car collection, including 1963 Ferrari 250/275P and Ferrari Monza SP2. He also bought a mansion in Malibu worth $29.1 million in 2019. It is all thanks to Joseph Lacob’s net worth of $3 billion.

In addition, Lacob is also a generous philanthropist and has established the Warriors Community Foundation. Whitney Ann Kroenke is another personality with significant fortune.

Is Married To An Philanthropist

The business tycoon shares a blissful marriage with his spouse, Nicole Curran. The lovebirds met in 2006 at a golf tournament at Pebble Beach. Also, the duo got engaged in 2009; however, their wedding date is hidden from the public. By profession, Nicole is a philanthropist and former teacher. She serves as the Board President of the Warriors Community Foundation.

In addition, Curran came into the limelight when she was harassed online by Beyonce‘s fans, and she also got death threats from them in 2019. The controversy happened when the singer’s fans assumed that Joseph Lacob’s wife cut her off while talking in the middle and interacting with her husband.

Previously, Joseph was married to Laurie Kraus. Unfortunately, their marriage didn’t work out, so the couple divorced.

Shares Four Children With His Ex-Wife

During their marital years, Joseph Lacob’s ex-wife, Laurie, gave birth to two sons and two daughters. Their first son, Kirk Lacob, works as an executive vice president for the Golden State Warriors. Likewise, Lacob’s second son, Kent Lacob, is the executive director of the NBA team. They didn’t get their position due to nepotism but because of their hard work and skills.

Furthermore, Joseph Lacob’s daughter, Kayci Nicole Lacob, is a professional photographer. Meanwhile, his other little girl, Kelly Lacob, seems like a person of secrecy. Moreover, all four kids have grown up and are living their lives individually.

Overall, Joseph is a successful businessman, a fantastic dad, and a loving husband. The GSW co-owner and his family must be living a happy life and making good memories. Therefore, we hope he continues to prosper financially and lead a content life ahead.

Trivia And Facts

• His Instagram account is private.
• Joseph is pro at playing Blackjack.
• Lacob is also passionate about the sport of golfing.

• Beyonce Businessperson Celebrity Biography Celebrity Romance Chris Cohan David Lacob H. Irving Grousbeck Joe Lacob Joseph Lacob Joseph Steven Lacob Kayci Nicole Lacob Kelly Lacob Kenneth G. McPeek Kent Lacob Kirk Lacob Laurie Kraus Marlene Lacob Nicole Curran Sidney Lacob Stanford Graduate School of Business Stephen Curry University of California Irvine University of California Los Angeles Whitney Ann Kroenke