Johnny Harris Net Worth: The Wealth of the Charlotte Hornets Owner
Johnny Harris, a successful businessman and entrepreneur, is best known as the majority owner of the Charlotte Hornets, a professional basketball team in the National Basketball Association (NBA). With a net worth estimated to be in the hundreds of millions, Harris has built a business empire through his investments and entrepreneurial ventures.
Early Life and Career
Johnny Harris was born in 1942 in High Point, North Carolina. He earned a degree in business administration from the University of North Carolina at Chapel Hill. After completing his education, Harris started his career in the furniture industry, where he worked his way up to become a successful businessman.
Business Ventures and Investments
Harris's business empire is diverse, with investments in various industries, including:
Furniture Industry
Harris made his fortune in the furniture industry, where he founded and operated several companies, including a furniture manufacturing company and a furniture retail chain.
Real Estate
Harris has invested heavily in real estate, owning several commercial and residential properties in North Carolina and other states.
Sports Ownership
In 2010, Harris became the majority owner of the Charlotte Hornets, a professional basketball team in the NBA. Under his ownership, the team has experienced significant growth and success.
Other Investments
Harris has also invested in various other industries, including hospitality, healthcare, and technology.
Net Worth
Johnny Harris's net worth is estimated to be around $500 million, making him one of the wealthiest individuals in the Charlotte area.
Philanthropy
Harris is known for his philanthropic efforts, particularly in the Charlotte community. He has donated to various charitable organizations, including the Charlotte Hornets Foundation, which focuses on education, health, and youth development.
Conclusion
Johnny Harris's success story is a testament to his hard work, entrepreneurial spirit, and strategic investments. With a net worth of over $500 million, Harris has built a business empire that spans multiple industries. As the owner of the Charlotte Hornets, he continues to contribute to the growth and development of the team and the community.