Permanently housed at the Lincoln Center for the Performing Arts, Tatiana is Chef Kwame Onwuachis new restaurant dedicated to telling Afro-Caribbean stories through food. Source of wealth: Oil (Jones Oil and Land Lease) and real estate (Blue Star Land Co.) Net worth: $4.2 billion (Forbes) Residence: Dallas . Getty Images. When looking at Jerry Jones' tenure as owner of the Dallas Cowboys, the logo on the side of his team's helmet is emblematic of the philosophy he takes towards building a football team. Luckily for Jerry Jones, the Cowboys have a real shot at representing the NFC in Super Bowl 56. Charlotte is married to her husband Shy Anderson and has three children. Despite having a smaller net worth than Jones, New England Patriots owner Robert Kraft possesses plenty of valuable items money cant buy. His life before becoming an actor. You are going to be famous. The last time Jones played golf a lifetime ago, his kids didn't even know he had ever played he closed a business deal on the first green, shook hands and promptly walked off the course, leaving his clubs in the cart. Jerry Jones has owned the Dallas Cowboys for 25 years. "I think a lot of people had this view of Jerry being a guy that's coldblooded and didn't respect Tom, and it was just the opposite. Ironically, after contending for the Lombardi Trophy on a yearly basis for two decades, the Patriots dont look close to capturing title No. What position of need would you like to see the team fill in free agency in order to help make sure of that? The Cowboys Owner Has a Net Worth of $8.6 Billion Jones had success long before he became the owner of the Cowboys. It is highly recommended that you use the latest versions of a supported browser in order to receive an optimal viewing experience. At 14,000 square feet, with two stories, the mansion includes six bedrooms, seven bathrooms, a swimming pool, spa, tennis court, and marble floors. Jones' support and role in the negotiations was criticized by some fans and sports media in St. As they stood there, the bar jam-packed with people, Dixon said, "You realize that this is the last time you're ever going to be able to walk in a bar and no one knows you. Jones is the subject of the 2008 book Playing to Win by David Magee. So we contacted Solomon Brothers, who was handling the sale, and we went down to Dallas for a week," Dixon says. Jerry Jones's Yacht (Source: Instagram) Jerry is the owner of the NFL team Dallas Cowboys. He used all his profits from those businesses to purchase the Dallas Cowboys for $150 million, and success was his demand. hobnobbed with rapper Post Malone and MMA boxer Conor McGregor. After all, dont forget the Patriots didnt just hire Belichick. In the 1992-93 season, the Cowboys defeated the Buffalo Bills in Super Bowl XXVII. His finances, mostly through the sale of Arkoma, had changed dramatically. Now, the Cowboys are the most valuable asset in his portfolio with. His most valuable asset, of course, is the Dallas Cowboys franchise. He grew up in Arkansas and played football for the University of Arkansas Razorbacks, as he told members of the team before the 2007 Cotton Bowl in Dallas. Their daughter, Charlotte, is a graduate of Stanford and also holds a position with the Cowboys, as vice president and director of charities and special events. Jerry Jones, with former Cowboys general manager Tex Schramm (standing) and Bum Bright in the background, took Dallas by storm when he bought the Cowboys in 1989. Tepper has so much money that he's worth nearly $4.5 billion more than the second-richest owner, Jerry Jones. 2023 Forbes Media LLC. His family moved back to North Little Rock, Arkansas in 1945. Nov. 23 at 6:00 a.m. On the first day of classes at North Little Rock High, a crew-cut sophomore named Jerral Wayne Jones found his spot among a phalanx of . Jones' Dallas Cowboys have been on the top of Forbes' list of most valuable NFL teams since 2018. They have three children, Stephen, Jerry Jr., and Charlotte. There was no contact for six weeks or so, and then after the Cowboys finished the season at 3-13, Bright reached out and dropped the asking price to $140 million $65 million for the team and $75 million for Texas Stadium. Then, inMarch 1994, after the Cowboys had won their second Super Bowl under Johnson, Jones upset Johnson when he told reporters that any coach could have led the Cowboys to a Super Bowl. I wanted to say that it may not be the Cowboys, but theres nothing thats out of reach.. He owns paintings by Matisse, Renoir, and Picasso. Now the franchise is not just the most valuable team in the NFL but in all sports. He is owner of the yacht Bravo Eugenia, named after his wife. Their youngest, Jerry Jr., attended Georgetown University and Southern Methodist University, where he earned his degree in law. [citation needed] When that venture failed, Jones was given a job at his father's insurance company, Modern Security Life of Springfield, Missouri. First, Jones bought the Cowboys in 1989 for $140 million. It was because of him and what he accomplished and the way he accomplished it that I wanted to buy the Cowboys," Jones says. As you know, the Cowboys have not gone to the playoffs in several years, the owner said. Jerry Jones is located in Dallas, Texas. In 2018, the company paid $38 million for a 200-acre site to be developed into a development called Star Business Park. I wanted to be in football, but I wanted to collect the resources that I could. Jerry Jones doesn't like to waste time. Jones owns a home in Destin, Florida. The first season under Jones' ownership, the Cowboys finished 1-15. "He bought the franchise in 1989 for $150 million and has since added a number of big-ticket . My dad always has to have a challenge, and really, he can't sit still. On the other hand, Jones confidence level about the Cowboys chances of capturing some championship hardware in the the near future should be at an all-time high. He's not happy unless he's pleasing everyone. "Our first meeting was at Valley Ranch and there was no food except microwave popcorn, so we eventually leave for one of the airport hotels," Steinberg says. 7. The Dallas Cowboys is based in the Dallas-Fort Worth metroplex. But at 46 years young in 1988, Jerry Jones, the man who doesn't want to waste a single second of the day, was ready to take a few steps back, do some traveling, enjoy his family, and who knows, maybe even take up golf again. Id do anything known to man to get to a Super Bowl, he said at a news conference in Jul. Four years earlier, he, like the rest of the world, didn't even know the Cowboys were for sale. By instinct, they were also risk-takers. Just think about that a minute. Jones was born in Los Angeles, California, to John "Pat" and Armenita Jones. This guy was so far beyond what anyone else was thinking at the time. What is Jerry Jones' net worth? Do not duplicate in any form without permission of the Dallas Cowboys. Storytelling On The Plate: Kwame Onwuachi's Afro-Caribbean Journey To Lincoln Center, Will Santos Be Expelled From Congress? pic.twitter.com/qXyO5MAf3p Honestly, that wasn't even the bad news. His net worth is now estimated at $14 billion. Jones. He was sleeping an hour here and there, and was soon diagnosed with sleep arrhythmia. Jones also heads up the real estate development firm Blue Star Land. His most valuable single holding is the Dallas Cowboys NFL team, which he bought in 1989 for $150m (110 million). [citation needed], Jones became involved in the St. Louis Rams move back to Los Angeles with Stan Kroenke in 2016. The Cowboys owner currently holds a net worth of $13.5 billion as per Forbes. pic.twitter.com/qXyO5MAf3p Joe Pompliano (@JoePompliano) August 6, 2021 The money, I don't get a kick out of thinking about my bank accounts or like Scrooge looking at his stacks of money. Bloomberg reports Jones also has investments in real estate, hospitality management, and Papa Johns franchises. Diving into the net worth of Cowboys' owner Jerry Jones as the Dallas Cowboys battle the Las Vegas Raiders on Thanksgiving day. Age. Jerry Jones Net Worth, Dallas Cowboys - $5.6 Billion. If there was a singular belief of the Jones family, one which was instilled in Jerry more so than any other, it was this: There is no dream too big. Jones has built the Cowboys into the most valuable sports franchises in the world, and guided them to three Super Bowl titles since 1989. The gains. As of 2022, Jerry Jones' net worth is an estimated $12.4 billion, making him the 3rd wealthiest NFL team owner right now. 1992 Cowboys win first of three Super Bowls under Jones. Nov 11, 2017, 10:52 AM. Bachelor of Arts/Science, University of Arkansas; Master of Arts, University of Arkansas. He is the son of Arminta Jones and J.W. Theses are the Book Of Boba Fett episodes you need to watch before The Mandalorian Season 3. Whether this ever had a chance of becoming reality, whether he could have shut down that brilliant mind of his from working 22 hours a day, that's a debate for another time. "Then we went down a second time, Stephen came along, and we interviewed [longtime Cowboys president/general manager] Tex Schramm and a few of the financial folks with the team. But he was . He received his master's degree in business in 1970. Jones says. 31 years ago, he purchased the team for a mere $60 million which now stands at a whopping $5.7 billion. He and his family were set, for generations really. Over the last decade, the Cowboys value increased over 220% from $1.50 billion to $4.80 . He appeared as himself in the seventh season of the HBO series Entourage in 2010, in an episode of the TNT incarnation of Dallas titled "Truth and Consequences", which aired on July 4, 2012, in a series of commercials for the 2012 season of ESPN's Monday Night Football, and in the season 4 premiere of The League. While we work diligently to ensure that our numbers are as accurate as possible, unless otherwise indicated they are only estimates. In 2014, he was asked why Johnson was not in the Ring of Honor despite his two Super Bowl victories as coach of the Cowboys. Jerry Jones: Net Worth: $14 billion: Source of Wealth: Dallas Cowboys NFL team: Born: October 13, 1942 . they remain the most valuable franchise in the NFL. Jerry Jones told Yahoo Finance in September that he wouldn't sell the Dallas Cowboys for $10 billion. The team is currently worth $5.5 billion (4 billion). which is a huge increase from the beginning of 2023 when he had a net worth of 137 billion dollars. He is now worth $14.8 billion, a 63% increase since last year, according to Forbes estimates. Jerry Birth date: October 13, 1942 Age: 80 Zodiac Sign: Libra Height: 6' 4" Relationship Status: Married Net Worth: $11.7 billion Jerral's Social Media: Background Jerral Wayne Jones, A.K.A. Jerry Jones, Robert Kraft and 23 More Of The Richest NFL Team Owners . [36] Commissioner Roger Goodell had issued a gag order for all owners and team executives from discussing any aspect of the pending labor issues. Jerry Jones Jr. is the Cowboys' chief sales and marketing officer/vice . The family moved back to North Little Rock, Arkansas, in 1945. In the book, Jones admitted he handled the firing of Landry poorly and accepted some blame for the disintegration of his relationship with Jimmy Johnson. "I wouldn't say he would have retired by any stretch; he would have found something to create. Meanwhile, the Patriots have a mix of aging veterans on their last legs (Donta Hightower, Devin McCourty, Kyle Van Noy), a few high-upside youngsters (Josh Uche, Kyle Dugger), and some solid established starters (J.C. Jackson and Adrian Phillips). Jerry Jones also bought a $250 million super-yacht in 2019, which has depreciated in value. . It would have been inconceivable to me to think that someday I might be standing here in Dallas owning the Dallas Cowboys. Jones and Deion Sanders appeared together in several television commercials during Sanders' time with the Cowboys. Profile summary Full name: Jerral Wayne Jones Popularly known as: Jerry Jones Gender: Male Date of birth: 13th of October 1942 The move to Fox significantly increased television revenues and ultimately turned the NFL into the world's richest sports league with revenues of more than $10 billion each season. In 2008, Jones formed a partnership with Yankee Global Enterprises to create Legends Hospitality, a food, beverage, merchandise, retail, and stadium operations corporation serving entertainment venues. The Gene and Jerry Jones Family Arlington Youth Foundations mission is to enhance the quality of life for youth in the City of Arlington by funding programs and facilities dedicated to football and athletics, health and wellness, education and the arts through complementary grants. Jerry was explaining to me how he was going to use this internet to grow the brand of the Dallas Cowboys. 2004-2023 CBS Interactive. As a result, he has been an influential figure for not just said NFL team but also the NFL as a whole. Instead, Kraft traded a first-round pick (plus some change) to the New York Jets to secure a new leader for his beloved team. Obviously, though, parting ways with a few picks turned out to be an absolute steal. He was all-in. Eventually, he went back to Arkansas to get his Master's degree in Business and graduated in 1970. Needless to say, he made a smart business decision to buy the Cowboys back in 1989. Submit a correction suggestion and help us fix it! In this photo, NFL owner Jerry Jones of the Dallas Cowboys stands on the sidelines before the game against the Denver Broncos at Sports Authority Field at Mile High in Denver, Colorado, Sept. 17 . Jones is one of two owners in the league (the other is Cincinnati's Mike Brown) who have either the title or powers of general manager. That was the hardest thing for me, just that we got off to such a tough start because of the Tom Landry situation.". They also have nine grandchildren. I've never met anyone who could envision the future like Jerry can. What is the Dallas Cowboys net worth? Hunt Family Stephen serves as the Cowboys' chief operating officer, executive vice president, and director of player personnel. Even more impressively, Tepper's net worth was greater than that of . His net worth jumped 76% to an estimated $16 billion thanks to big bets on real estate and . The Dallas Cowboys owner has a net worth of 10.5 billion USD as of 2021. Copyright 2023 Endgame360 Inc. All Rights Reserved. 6-keys: media/spln/nfl/reg/free/stories, at Market Realist is a registered trademark. Author: wfaa.com Published: 6:02 AM CST March 1, 2023 Jerry Jones megayacht is worth $250 million. His net worth is $14 billion. $2.5 billion, according to our most recent tally. Jerry Jones has been the owner, president and general manager of the Dallas Cowboys of the NFL since 1989. Copyright 2023 Market Realist. Dallas has a diverse offense that features star power at every position except tight end. He is known for owning the Dallas Cowboys NFL team. After his graduation, Jones' parents moved to Springfield, Missouri, where Pat was president and chairman of Modern Security Life Insurance Co. As of December 2019, Jones' net worth is reported by Forbes to be $8.5 billion . He still invests in drilling opportunities as well as retail and residential real estate projects in Dallas. Jones said: "Disloyalty I couldn't handle the disloyalty.". Dallas Cowboys team owner Jerry Jones wants to make one thing clear head coach Mike McCarthys job is not on the line. Thats a fact., Latest National Football League (NFL) News and Updates. Jones, co-captain of the University of Arkansas1964 national championship team, has long had football in his blood. He has been the owner of the Cowboys since 1989. Jerry Jones, who's headed to the Pro Football Hall of Fame, put in $118 million to buy the Dallas Cowboys in 1989, and the franchise is now worth $4.2 billion. Jones has a net worth of $10.7bn, according to Forbes, with his holdings headed by the Cowboys. He started quite a . Put another way: Winning, it turns out, isn't everything. One night, he finally ventured out with his wife, Gene, for dinner, and sure enough, an older woman kicked him in the shin and said that was for Tom Landry. Explore Jerry Jones's Bio-Wiki, net worth & salary in 2023. During Jones' ownership, the Cowboys' value has appreciated from $140 million to about $5.5 billion, making Jones a multi-billionaire in the process. Owner of Dallas Cowboys, former footballer, owner of Jones Oil and Land Lease, The Gene and Jerry Jones Family Arlington Youth Foundation, Jerry Jones is a well-known American billionaire businessman and is better known as the owner of the Dallas Cowboys of the National Football League (NFL). 2023 Celebrity Net Worth / All Rights Reserved. He had to generate revenue, pay debt, and change the thought process among his fellow owners. Just something to keep in mind as you peruse the graphic below. However, even though Jones boasts a net worth in excess of $10 billion and has Americas Team as part of his financial portfolio, he still falls short where it really matters to one of his peers with a little less spending power. His most valuable holding is the Dallas Cowboys, which he bought for $150 million in 1989. In 2021, the Green Bay Packers were 70 percent of the way to profitability before even playing a down, due to the NFL's generous shared revenue model. Cowboys crystallize Jones' dream His long-held desire to own an NFL team came true in 1989, when he bought the Cowboys for around $140 million and among his first decisions as owner was to. "My parents were going to be empty-nesters and enjoy travel. In March 2022, Jones was served with legal action by a 25-year-old woman who claimed that he is her biological father. Jerry Jones is an American entrepreneur and businessman who has achieved inspirational wealth and status. He was instrumental in brokering a deal between Stan Kroenke, San Diego Chargers owner Dean Spanos, and Oakland Raiders owner Mark Davis to ensure that Kroenke's SoFi Stadium plan passed, which it did via a 302 owners vote in favor. Hell, I've spent money as fast as anyone who has ever lived. And none of that would have occurred without Kraft. [20], At the time of the sale, the financially troubled Bright claimed to be losing $1 million per month on the franchise. Jerry Jones Net Worth. El director de operaciones de los Cowboys, Stephen Jones, se reuni con los periodistas el martes en Indy y uno de los temas de conversacin fue el futuro de la lnea ofensiva. [27], Some of the fan criticism is due to Jones' high visibility and involvement as the "face of the team",[28] a contrast to both Bright and the Cowboys' original owner, Clint Murchison Jr. Jones' prominent role has led to fans expressing displeasure with Jones and the lack of success of the franchise, with particular criticism of Jones' serving as his own general manager. Jerry Jones has a net worth of $11 billion. But who exactly are. He purchased the Cowboys in 1989 and built it into the world's most valuable sports team In May 2021, Forbes named the Cowboys the world's most valuable sports team, worth $5.7 billion after. The signing bonus cancelled check is framed to this day on the wall of Jerry's study at his home. This echoes what CBS Sports NFL Insider Jason La Canforawrote Thursday about ownership succession plans for 13 NFL teams, including the Cowboys. ", After signing the papers, Jones and Dixon headed to a local bar for a drink. This amount keeps fluctuating and could be attributed to his income and investment portfolio. Jerral Wayne Jones was born on October 13, 1942 (age 79 years) in Los Angeles, California, United States. Eventually, just a few days before the 1989 NFL Draft, a deal was reached, the largest for a rookie in league history: six years, $11.2 million. "I read about it after the fact, and did a little research and found out it was a pretty private transaction. This thing is too visible. And when you consider what it took for the Patriots to become a dynasty, Kraft deserves tremendous credit for doing something Jones has not: finding a way to sustain success. He said, "I don't know if you ever want to do anything else with your life. According to Forbes, Joness real-time net worth was $10.4 billion as of Sep. 20, 2021. New court filings suggested Fox News hosts repeatedly pushed election fraud claims on-air despite acknowledging privately they knew they were false. It was time to relax. The Cowboys face lots of questions about their roster before Week 1 of the 2023 NFL season arrives. North Little Rock was beginning to integrate in 1957. The commitment to winning has continued, as the Cowboys advanced to the postseason in 2016, 2018 and 2021, giving the team 16 postseason appearances in the Jones era. The Dallas Cowboys has a value of $8 billion. Jerral Wayne Jones (born October 13, 1942)[1] is an American businessman who has been the owner, president, and general manager of the Dallas Cowboys of the National Football League (NFL) since February 1989. . Curated by. Soon after the purchase he fired Tom Landry, the only coach in the team's history, and hired his old Arkansas teammate Jimmy Johnson. * While ownership remains with the estates of the Titans, Bills and Buccaneers, we will use the original dates Bud Adams, Ralph Wilson and Malcolm Glazer assumed ownership of their respective franchises. Bright on February 25, 1989, for $140 million. He was laughed at for the former, but not the latter. He fired Tom Landry, God's coach, a beloved figure, and held an admittedly bizarre, off-the-cuff press conference for which he wasn't prepared in the least. At times it was exciting, but the difficultly and stress was outweighing that more times than not. ", The owner also said in the 2012 article that, Im very confident that if I got hit by a truck tomorrow, weve got a great succession plan. 2004 Enters joint venture with Papa John's for Texas pizza franchises. We want to use that as best we can to make this award show the greatest ever.. [33] Jones was also a key proponent of the Oakland Raiders' move to Las Vegas to play at Allegiant Stadium. As for the franchise he had just purchased, well, it was like Dixon advised him, a financial disaster, losing just shy of one million dollars a month. [24], The 2020 NFL season was Jones' 32nd as Cowboys owner, more than the combined tenures of his predecessors. He was also the founder and owner of Jones Oil and Land Lease, which searches for natural resources of oil and gas in Arkansas. He could have gone dead-dog broke on this.". Johnson was replaced by another University of Arkansas alum, Barry Switzer, who won Super Bowl XXX in the 1995 season for Jones and the Cowboys. It was a major financial meltdown, savings and loans banks were going under, oil and gas was at an all-time low, and to finance the loans to buy the team, Jerry was paying an 11.5 percent interest rate, or $40,000 a day," Dixon says. Ultimately, Jones may have the higher net worth, but he remains well behind Kraft in terms of NFL wealth. Jerry Jones also bought a $250 million super-yacht in 2019, which has depreciated in value. Jerry Jones earned his first fortune as an executive vice president of Modern Security Life of Springfield, in Missouri. Built in 2018, it is the length of a football field and its end zones. The defense may not be elite, but it certainly has a few exciting pieces. Built in 2018, it is the length of a football field and its end zones. Apart from owning the Dallas Cowboys, Jerry Jones made his first million in oil investments in the 1970s. We lead, 24 of the last top 25 shows were NFL games, and any time your Cowboys play they're up there at the top and leading. In terms of the ultimate dream, well, the NFL kept moving the goal posts on Jones, the price tag of admission only kept growing, more so than Jerry's bank account, at least until 1988. To this day, Johnson is not included in the Dallas Cowboys "Ring of Honor." FRISCO, Texas It's a crossover many probably didn't see coming. Besides his stake in the Dallas Cowboys, Jerry Jones' Jones Oil and Land Lease, as well as his stint as the vice president of Modern Security Life Insurance Co . There were death threats, both by mail and over the phone. It didn't matter that it was six in the morning. Spygate, Deflategate, and the Aaron Hernandez saga all brought negative attention to the Patriots. Jerry Jones' yacht is worth a whopping $250 million. According to Forbes, Jones made his first million as an oil. [48], Jones revealed in July 2015 at a press conference before Cowboys training camp that he had undergone hip replacement surgery, joking that he wouldn't start the season on the PUP list.[49]. We were talking about the future of the league. All Rights Reserved. Why is Jerry Jones so rich? And with the Cowboys earning their last Lombardi Trophy in 1995, Jones said hed do whatever it takes to get Americas Team back to the NFLs biggest game. Jones made comments both to the press and on his radio show, saying Hochuli was one of the most criticized officials in the NFL. The magazine credited him for building modern facilitiesincluding AT&T Field, the teams corporate headquarters, and its practice facilityand for arranging merchandising business and a licensing arrangement with the NFL. He is considered to be one of the richest NFL Team owners. Jerry wanted to win as much as anyone, but he was going to run the Cowboys as a business. "After a month of researching it all, I told Jerry point-blank this was ridiculously overpriced and buying the Cowboys would be financial suicide. Jerry Jones has a net worth of $15.8 billion according to Forbes. [38], Jones also appears in a 2013 Pepsi commercial, walking into an elevator filled with three men wearing New York Giants apparel, who look at him with discontent. In 2008, Jones created Legends Hospitality as a partnership with Yankee Global Enterprises. Besides his ownership of the Dallas Cowboys. Jones also appeared as himself in a 1996 episode of the TV show Coach and in a 2007 television commercial for Diet Pepsi MAX, which also featured then Cowboys head coach Wade Phillips and quarterback Tony Romo. The Cowboys have not won a Super Bowl since Super Bowl XXX. The Cowboys owner currently holds a net worth of $13.5 billion as per. [23], Increased television revenues have played a decisive role in securing the NFL's place as the world's richest sports league, with revenues of well over $10 billion per season. Jerry Jones earned his first fortune as an executive vice president of Modern Security Life of Springfield, in Missouri. According to Forbes.com, the franchise is currently worth $2.3 billion, $500 million more than any other NFL team (the Patriots are. Even after you adjust for inflation, and the price becomes roughly $300 million, Jones has gotten an incredible return on his. Jones did not discuss the matter with Landry before announcing the decision. But if you do, you'll never get the opportunity if you don't make the Cowboys work. Offers may be subject to change without notice. The Cowboys owner made his first million through oil investments in the 1970s, Forbes reports. Jerry Jones is an American billionaire who owns the NFLs Dallas Cowboys. The calls for Santos expulsion are an escalation of GOP calls for his resignation over a ballooning lying scandal. The yacht has been designed to use 30% less fuel than other yachts of its kind and can accommodate 14 guests and a crew of 30. As of December2019[update], Jones' net worth is reported by Forbes to be $8.5 billion, the majority of which can be accounted for as being his ownership stake in the Cowboys who are currently valued by the same publication to be the world's most valuable sports team at $5 billion. Jerry bought the Dallas Cowboys from H.R. "Even after all those years of being together, Jerry boggled my mind through that stretch. According to Forbes.com, the franchise is currently worth $2.3 billion, $500 million more than any other NFL team (the Patriots are next at $1.8 billion). Jones isnt just a businessman with a football team, like so many of his fellow NFL ownershes also a former football player. Jerry Jones declined to talk about his ongoing paternity suit at NFL owners' meetings. Really, almost immediately Jerry became Public Enemy No. He attended North Little Rock High School followed by the University of Arkansas on a football scholarship. People may receive compensation for some links to products and services on this website. Jerry was contributing $90 million in cash, almost every dime he had, and borrowing the rest, putting up everything he owned as collateral. Everyone else went up to a room. He kept his oil career going in 2018, becoming the controlling shareholder in Comstock Resources, an oil and gas company in Texas. 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