Who Is Stan Kroenke, the Billionaire Set to Buy the Angels for $4 Billion?

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TEMPO.CO, Jakarta Stan Kroenke is set to add another major sports franchise to his growing empire after agreeing to buy the Los Angeles Angels from longtime owner Arte Moreno. The reported $4 billion deal would make Kroenke one of the most prominent owners in American sports, adding an MLB team to a portfolio that already includes championship-winning franchises in the NFL, NBA and NHL.

Who is Stan Kroenke?

According to USA Today, Stan Kroenke, 80, serves as chair of Kroenke Sports and Entertainment, which owns the Los Angeles Rams of the NFL, the Denver Nuggets of the NBA, the Colorado Avalanche of the NHL and Arsenal FC of the English Premier League. Remarkably, all four teams have won a league championship within the past four seasons.

The Walmart heir also led the financing and construction of SoFi Stadium in Inglewood, California. The stadium is the home field for the NFL's Los Angeles Rams and Los Angeles Chargers, and it has hosted several other major sporting events, including the 2026 World Cup.

What can you expect from Stan Kroenke?

The Angels could be Kroenke's biggest challenge. Since Moreno purchased the team for $184 million in 2003, it won five division titles from 2004 to 2009 before spiraling downward.

The Angels have made only one playoff appearance, despite investing in star players such as Josh Hamilton, Albert Pujols and Shohei Ohtani − and drafting three-time AL MVP Mike Trout. However, they were swept in the 2014 AL Division Series by the Kansas City Royals

The Angels seem far from contending as Kroenke prepares to take over. They tied for the worst record in the American League at 53-85.

Stan Kroenke's team history

Kroenke owns several prominent sports franchises. He became owner of the Los Angeles Rams in 2010 and relocated the team from St. Louis to Los Angeles in 2016. The Rams went on to win Super Bowl LVI in 2022. Kroenke purchased the Colorado Avalanche in 2000, with the NHL team winning Stanley Cup titles in 2001 and 2022. The Denver Nuggets also captured their first NBA championship in 2023.

His ownership group took control of Arsenal in 2018, and the English Premier League club won the league title in the 2025-26 season, ending a 22-year wait for the championship. Together, his teams have enjoyed significant success across multiple major sports leagues in recent years.

Stan Kroenke net worth

Forbes estimates Kroenke's net worth at $24.3 billion as of August 31, 2026. His wealth comes largely from real estate and his extensive sports holdings. He owns about 60 million square feet of real estate and roughly 2.7 million acres of ranch land across the United States and Canada.

The acquisition of the Angels would add MLB to Kroenke's already extensive sports portfolio.

Read: Top 10 Richest Men in the World in September 2026: Elon Musk Leads

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