Jeremy Jacobs

Published on March 27 2014

Jeremy Jacobs Net Worth : $3.15 Billion

Jeremy Jacobs is an American businessman, who took over the position of Chairman and Chief Executive Officer of Delaware North in 1968 after the death of his father. Delaware North is a global food services and hospitality company that is considered to be one of the largest concession companies in the world. According to Forbes, Jacobs has an accumulated wealth that amounts to $3.15 billion, which makes him the 177th richest person in the United Sates and the 520th richest person in the world (as of March 2014). 

Jeremy Jacobs was born on January 1949 in New York to a Jewish family. He attended the University of Buffalo School of Management, where he attained his B.A. He also successfully completed a Management Program from the Harvard School of Business. He currently owns about 20 per cent of the New England Sports Network. He has also been serving as the Chairman of the National Hockey League since 2007.

Since 1969, Jacobs has been running his family’s business empire that was founded in 1915. The business that initially focused on selling popcorns and peanuts now owns and runs TD Gardens, which are home to the Bruins and Boston Celtics, as well as one of the largest concert grounds and sports avenues in the United States. Together with his three sons, Jacobs runs the $2.6 billion business empire that serves up drinks, food and entertainment at over 200 venues across 4 countries. The company also operates gaming venues, and in the recent past it entered into a joint venture with Churchill Downs on plans to set up a casino in Ohio.

Jacobs is also renowned for his philanthropic activities. After the Boston Marathon bombings, this 74-year old billionaire led a fundraising effort by area sports franchises which helped pull in over $1 million. Even though Jacobs had made an attempt to buy the Boston Globe newspaper, Red Sox owner, John Henry, beat his bid. Jacob is married to Margaret Jacob with whom he has six children.

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