Josh Kroenke

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Josh Kroenke
Born (1980-05-07) May 7, 1980 (age 43)
Columbia, Missouri, United States
Residence Denver, Colorado
Manhattan, New York City
Education Rock Bridge High School
University of Missouri
Occupation Businessman
Parent(s) Stan Kroenke
Ann Walton Kroenke
Relatives Whitney Kroenke Burditt (sister)
James "Bud" Walton (maternal grandfather)
Sam Walton (maternal grand-uncle)

Josh Kroenke (born May 7, 1980) is an American heir to the Wal-Mart family inheritance and to Kroenke Sports Enterprises, his father's sports-media conglomerate. He is President and Governor of the Denver Nuggets basketball franchise, President and Governor of the Colorado Avalanche ice hockey franchise and Alternate Governor for the Colorado Rapids soccer franchise.[1]

Early life

Josh Kroenke was born on May 7, 1980.[2] His father is Stan Kroenke and his mother, Ann Walton Kroenke.[3][4] Through his mother, he is a member of the Walton family, the richest family in the world, who owns Wal-Mart. He has a sister, Whitney Kroenke Burditt. He grew up in Columbia, Missouri and attended Rock Bridge High School.[1] He graduated from the University of Missouri, where he received a full basketball scholarship.[1] He admitted to being bullied in college because of his family background, but said it prepared him for public life.[3]

While in college, Kroenke found himself involved in a scandal which led to the resignation of Larry Eustachy, the coach of the Iowa State basketball team. In 2003, Eustachy, a friend of Josh’s father Stan Kroenke, attended a student party with Josh in Columbia, Missouri.[5] Photos of Eustachy drinking with college students at the party later surfaced[6] and led to his resignation[7] from his position at Iowa State.

Career

After college, he did a six-month internship for the National Basketball Association in New York City and later worked as an underwriter for the Global Real Estate Group of Lehman Brothers.[1][3] He now serves as the President of both the Denver Nuggets and Colorado Avalanche.[1][3][4][8]

Philanthropy

He volunteers for the Big Brothers Big Sisters of America.[3]

Personal life

Kroenke resides in Denver, Colorado.[3] Kroenke purchased an 1,885-square foot condo for $1.4 million in 2007. Prior to his move to Denver, Kroenke lived in New York. He and his sister, Whitney Kroenke Burditt, purchased a 1,735-square-foot condominium, with a 400-square-foot roof deck, a small balcony and views of the Empire State Building for $2.7 million in 2005.[9] They sold it in 2007 for $2.45 million—below both the initial listed price of $2.995 million and their final asking price of $2.55 million.[9]

He enjoys reading Harry Potter, watching Entourage, and having breakfast at McDonald's.[3]

References