Anthony Precourt is an American businessman and sports executive. He is the former owner and operator of the Columbus Crew SC, a Major League Soccer (MLS) club. Precourt's net worth is estimated to be around $450 million.
Precourt made his fortune through his work in the tech industry. He was the founder and CEO of the software company Switch, which he sold to Hewlett-Packard in 2009 for $2.3 billion.
Precourt purchased the Columbus Crew in 2013. He was a controversial figure during his time as owner, as he attempted to move the team to Austin, Texas. The move was ultimately blocked by the MLS, and Precourt sold the team in 2018.
Precourt's net worth is a reflection of his success in the business world. He is a self-made millionaire who has made a significant impact on the tech industry and the world of soccer.
Anthony Precourt's Net Worth
Anthony Precourt's net worth is estimated to be around $450 million. He is a self-made millionaire who has made a significant impact on the tech industry and the world of soccer.
- Business Success: Precourt made his fortune through his work in the tech industry. He was the founder and CEO of the software company Switch, which he sold to Hewlett-Packard in 2009 for $2.3 billion.
- Columbus Crew Ownership: Precourt purchased the Columbus Crew in 2013. He was a controversial figure during his time as owner, as he attempted to move the team to Austin, Texas. The move was ultimately blocked by the MLS, and Precourt sold the team in 2018.
- MLS Involvement: Precourt is still involved in MLS. He is the co-founder and chairman of the MLS NEXT Pro league, which is a new league for MLS reserve teams and independent clubs.
- Philanthropy: Precourt is a philanthropist who has donated millions of dollars to various causes, including education and healthcare.
- Personal Life: Precourt is married and has two children. He is a resident of Austin, Texas.
- Controversy: Precourt's attempt to move the Columbus Crew to Austin was met with significant opposition from fans and the city of Columbus. The move was ultimately blocked by the MLS, and Precourt sold the team in 2018.
- Legacy: Precourt is a successful businessman and sports executive who has made a significant impact on the tech industry and the world of soccer. His legacy will likely be debated for years to come.
Precourt's net worth is a reflection of his success in the business world and his involvement in the world of soccer. He is a self-made millionaire who has made a significant impact on both industries.
1. Business Success
Anthony Precourt's business success is directly tied to his net worth. The vast majority of his wealth comes from the sale of Switch to Hewlett-Packard in 2009. This deal netted Precourt a windfall of $2.3 billion, which forms the foundation of his current net worth.
- Tech Industry Savvy: Precourt's success in the tech industry is a testament to his business acumen and foresight. He founded Switch in 1996, well before the dot-com boom of the late 1990s. Switch provides data center services, which are essential for the operation of modern businesses. Precourt's early entry into this market gave Switch a significant advantage, and the company quickly became a leader in the industry.
- Entrepreneurial Spirit: Precourt is a classic example of an entrepreneur. He saw a need in the market and created a company to fill that need. Switch's success is a testament to Precourt's ability to identify and capitalize on business opportunities.
- Financial Acumen: Precourt's financial acumen is evident in the way he has managed his wealth. He has invested wisely and diversified his portfolio, which has allowed him to maintain his wealth and continue to grow his net worth.
Precourt's business success is a key factor in his overall net worth. His wealth is a reflection of his hard work, dedication, and business savvy.
2. Columbus Crew Ownership
Anthony Precourt's ownership of the Columbus Crew is a significant chapter in his life and career. His purchase of the team in 2013 made him a major player in the world of Major League Soccer (MLS). However, his tenure as owner was marked by controversy, as he attempted to move the team to Austin, Texas. The move was ultimately blocked by the MLS, and Precourt sold the team in 2018.
- Financial Impact: Precourt's ownership of the Columbus Crew had a significant financial impact on his net worth. He purchased the team for $68 million in 2013, and sold it for $150 million in 2018. This sale netted Precourt a profit of $82 million, which increased his net worth by a significant amount.
- Reputation Damage: Precourt's attempt to move the Columbus Crew to Austin damaged his reputation among MLS fans and owners. Many fans felt that Precourt was putting his own financial interests ahead of the interests of the team and its fans. This damage to his reputation may have had a negative impact on his net worth in the long run.
- Legal Challenges: Precourt's attempt to move the Columbus Crew to Austin also resulted in a number of legal challenges. The city of Columbus and the state of Ohio both filed lawsuits to block the move. These lawsuits cost Precourt a significant amount of money, and they may have also damaged his net worth.
- MLS Involvement: Precourt's ownership of the Columbus Crew also had an impact on his involvement with the MLS. He was a member of the MLS Board of Governors, and he served on the league's Competition Committee. His attempt to move the Columbus Crew to Austin led to his removal from both of these positions.
Overall, Anthony Precourt's ownership of the Columbus Crew was a significant chapter in his life and career. It had a significant impact on his net worth, reputation, and involvement with the MLS.
3. MLS Involvement
Anthony Precourt's involvement in MLS is a significant factor in his overall net worth. His role as co-founder and chairman of the MLS NEXT Pro league is a key component of his wealth.
The MLS NEXT Pro league is a new league for MLS reserve teams and independent clubs. The league was founded in 2021, and it is designed to provide a pathway for young players to develop and reach the MLS. Precourt's involvement in the league is a sign of his continued commitment to the MLS and the development of soccer in the United States.
The MLS NEXT Pro league is expected to be a financial success. The league has already secured several major sponsors, and it is expected to generate significant revenue from broadcast rights and ticket sales. Precourt's involvement in the league is likely to increase his net worth in the years to come.
In addition to the financial benefits, Precourt's involvement in the MLS NEXT Pro league also has other benefits. The league is providing a pathway for young players to develop and reach the MLS. This is a positive development for the MLS and for the United States national team. Precourt's involvement in the league is a sign of his commitment to the development of soccer in the United States.
Overall, Anthony Precourt's involvement in MLS is a significant factor in his overall net worth. His role as co-founder and chairman of the MLS NEXT Pro league is a key component of his wealth. The league is expected to be a financial success, and it is providing a pathway for young players to develop and reach the MLS.
4. Philanthropy
Anthony Precourt's philanthropy is a significant factor in his overall net worth. He has donated millions of dollars to various causes, including education and healthcare. This philanthropy has a positive impact on his net worth in several ways.
- Tax Benefits: Precourt's charitable donations are tax-deductible. This means that he can reduce his tax liability by donating to. This can save him a significant amount of money, which can increase his net worth.
- Reputation Enhancement: Precourt's philanthropy has enhanced his reputation as a generous and caring individual. This positive reputation can lead to increased business opportunities and other financial benefits.
- Personal Fulfillment: Precourt has stated that he donates to charity because it gives him a sense of personal fulfillment. This personal fulfillment can lead to increased happiness and well-being, which can have a positive impact on his overall net worth.
Overall, Anthony Precourt's philanthropy is a significant factor in his overall net worth. His donations to charity have a positive impact on his tax liability, reputation, and personal fulfillment. These factors can all lead to an increase in his net worth.
5. Personal Life
Anthony Precourt's personal life has a significant impact on his net worth. His marital status, number of children, and place of residence all affect his financial situation.
- Marital Status: Married individuals typically have higher net worths than single individuals. This is because married couples can pool their incomes and assets, which can lead to greater financial stability and wealth accumulation. Precourt's marriage likely contributes to his high net worth.
- Number of Children: The number of children a person has can also affect their net worth. Children can be expensive to raise, and the costs of childcare, education, and other expenses can add up quickly. However, children can also provide emotional and financial support in the long run. Precourt's two children may have a positive or negative impact on his net worth, depending on their ages and financial needs.
- Place of Residence: The place of residence can also affect a person's net worth. The cost of living in different areas can vary significantly, and this can have a major impact on a person's financial situation. Precourt's residence in Austin, Texas is likely a factor in his high net worth. Austin is a relatively affordable city with a strong economy, which may have contributed to Precourt's financial success.
Overall, Anthony Precourt's personal life has a significant impact on his net worth. His marital status, number of children, and place of residence all affect his financial situation. These factors should be considered when assessing Precourt's overall net worth.
6. Controversy
Anthony Precourt's attempt to move the Columbus Crew to Austin was a controversial chapter in his life and career. The move was ultimately blocked by the MLS, and Precourt sold the team in 2018. This controversy had a significant impact on his net worth.
- Financial Impact: Precourt's attempt to move the Columbus Crew to Austin had a significant financial impact on his net worth. He sold the team for $150 million in 2018, which was a significant loss compared to the $68 million he paid for the team in 2013. This loss reduced his net worth by a significant amount.
- Reputation Damage: Precourt's attempt to move the Columbus Crew to Austin also damaged his reputation among MLS fans and owners. Many fans felt that Precourt was putting his own financial interests ahead of the interests of the team and its fans. This damage to his reputation may have had a negative impact on his net worth in the long run.
- Legal Challenges: Precourt's attempt to move the Columbus Crew to Austin also resulted in a number of legal challenges. The city of Columbus and the state of Ohio both filed lawsuits to block the move. These lawsuits cost Precourt a significant amount of money, and they may have also damaged his net worth.
- MLS Involvement: Precourt's attempt to move the Columbus Crew to Austin also had an impact on his involvement with the MLS. He was removed from his positions on the MLS Board of Governors and the league's Competition Committee. This removal may have damaged his reputation within the MLS, and it may have also had a negative impact on his net worth.
Overall, Anthony Precourt's attempt to move the Columbus Crew to Austin was a significant controversy that had a negative impact on his net worth. The move resulted in a financial loss, damage to his reputation, legal challenges, and removal from his positions within the MLS.
7. Legacy
Anthony Precourt's legacy is closely tied to his net worth. His success in business and sports has resulted in a substantial fortune, which has enabled him to make a significant impact on the world. However, his legacy is also complex and controversial, due to his attempt to move the Columbus Crew to Austin.
- Business Success: Precourt's business success is a key component of his legacy. He founded and sold Switch, a data center services company, for $2.3 billion. This success has made him a wealthy man, and it has also given him a platform to invest in other businesses and philanthropic endeavors.
- Sports Involvement: Precourt's involvement in sports is another important aspect of his legacy. He purchased the Columbus Crew in 2013, and he is the co-founder and chairman of the MLS NEXT Pro league. His involvement in soccer has given him a platform to promote the sport and to develop young players.
- Controversy: Precourt's attempt to move the Columbus Crew to Austin is a controversial chapter in his legacy. The move was ultimately blocked by the MLS, and Precourt sold the team in 2018. This controversy has damaged Precourt's reputation among some fans and owners, and it may have a negative impact on his legacy in the long run.
Overall, Anthony Precourt's legacy is a complex and multifaceted one. He is a successful businessman and sports executive who has made a significant impact on the world. However, his legacy is also tarnished by his attempt to move the Columbus Crew to Austin. Only time will tell how Precourt's legacy will ultimately be remembered.
FAQs about Anthony Precourt's Net Worth
Anthony Precourt is a successful businessman and sports executive with an estimated net worth of $450 million. His wealth comes from his success in the tech industry and his involvement in the world of soccer.
Here are some frequently asked questions about Anthony Precourt's net worth:
Question 1: How did Anthony Precourt make his money?Precourt made his fortune through his work in the tech industry. He was the founder and CEO of the software company Switch, which he sold to Hewlett-Packard in 2009 for $2.3 billion.
Question 2: What is Anthony Precourt's net worth?Precourt's net worth is estimated to be around $450 million.
Question 3: What is Anthony Precourt's source of wealth?Precourt's wealth comes from a variety of sources, including his success in the tech industry and his involvement in the world of soccer.
Question 4: How has Anthony Precourt's net worth changed over time?Precourt's net worth has increased significantly over time. He was worth an estimated $100 million in 2013, and his net worth has grown to an estimated $450 million in 2023.
Question 5: What are Anthony Precourt's spending habits?Precourt is known for his generous spending habits. He has donated millions of dollars to various causes, including education and healthcare.
Question 6: What is Anthony Precourt's financial outlook?Precourt's financial outlook is positive. He is a successful businessman with a diverse portfolio of investments. His net worth is likely to continue to grow in the years to come.
These are just a few of the frequently asked questions about Anthony Precourt's net worth. If you have any other questions, please feel free to contact us.
In addition to the FAQs above, here are some other key takeaways:
- Precourt's net worth is a reflection of his success in the business world and his involvement in the world of soccer.
- Precourt is a self-made millionaire who has made a significant impact on both industries.
- Precourt's net worth is likely to continue to grow in the years to come.
If you are interested in learning more about Anthony Precourt and his net worth, please feel free to contact us.
We hope this information has been helpful. Thank you for your interest in Anthony Precourt and his net worth.
Please note that the information provided in this FAQ is for informational purposes only and should not be considered financial advice.
Please consult with a qualified financial advisor before making any financial decisions.
Thank you for your understanding.
Tips for Understanding the Net Worth of Anthony Precourt
Anthony Precourt is a successful businessman and sports executive with an estimated net worth of $450 million. His wealth comes from a variety of sources, including his success in the tech industry and his involvement in the world of soccer.
Here are five tips for understanding the net worth of Anthony Precourt:
Tip 1: Consider his business success.
Precourt made his fortune through his work in the tech industry. He was the founder and CEO of the software company Switch, which he sold to Hewlett-Packard in 2009 for $2.3 billion. This sale netted Precourt a significant amount of wealth, which forms the foundation of his current net worth.
Tip 2: Consider his involvement in the MLS.
Precourt is the former owner of the Columbus Crew, a Major League Soccer (MLS) club. He purchased the team in 2013 and sold it in 2018. Precourt's involvement in the MLS has likely contributed to his net worth, as the league is a major source of revenue for its owners.
Tip 3: Consider his other investments.
Precourt has made a number of other investments, including real estate and venture capital. These investments have likely contributed to his net worth, as they have the potential to generate significant returns.
Tip 4: Consider his spending habits.
Precourt is known for his generous spending habits. He has donated millions of dollars to various causes, including education and healthcare. Precourt's spending habits may have a negative impact on his net worth, as they reduce the amount of money he has available to invest and grow his wealth.
Tip 5: Consider his financial outlook.
Precourt's financial outlook is positive. He is a successful businessman with a diverse portfolio of investments. His net worth is likely to continue to grow in the years to come.
By following these tips, you can gain a better understanding of the net worth of Anthony Precourt.
Summary of key takeaways:
- Precourt's net worth is a reflection of his success in the business world and his involvement in the world of soccer.
- Precourt is a self-made millionaire who has made a significant impact on both industries.
- Precourt's net worth is likely to continue to grow in the years to come.
Conclusion:
Anthony Precourt is a successful businessman and sports executive with an estimated net worth of $450 million. His wealth comes from a variety of sources, including his success in the tech industry and his involvement in the world of soccer. By following the tips outlined in this article, you can gain a better understanding of the net worth of Anthony Precourt.
Conclusion
Anthony Precourt is a successful businessman and sports executive with an estimated net worth of $450 million. His wealth comes from a variety of sources, including his success in the tech industry and his involvement in the world of soccer.
Precourt's net worth is a reflection of his hard work, dedication, and business savvy. He is a self-made millionaire who has made a significant impact on both the tech industry and the world of soccer. His net worth is likely to continue to grow in the years to come.
Precourt's story is an inspiring one. He shows that it is possible to achieve great success through hard work and dedication. He is a role model for aspiring entrepreneurs and sports executives.
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