Jerry Colangelo Net Worth: Jerry Colangelo is an American businessman and sports activities government who has a net worth of $300 million. In knowledgeable profession that spans over 4 many years, Jerry Colangelo has served as an proprietor of many notable sports activities groups just like the NBA’s Phoenix Suns, WNBA’s Phoenix Mercury, Continental Indoor Soccer League’s Arizona Sandsharks, Arena Football League’s Arizona Rattlers, in addition to MLB’s Arizona Diamondbacks. Born on November 20, 1939 in Chicago Heights, Illinois, he began his profession in skilled basketball with the Chicago Bulls, working as a advertising and marketing director, scout and assistant to the president of the workforce. Since, he has change into recognized for his no-nonsense possession model. When the private problems with some gamers, just like the Suns’ Dennis Johnson and Jason Kidd, turned public they’ve been both traded or launched. As a sports activities government, Jerry Colangelo performed a key position within the relocation of the NHL’s Winnipeg Jets to Phoenix to change into the Phoenix Coyotes. Furthermore, he was named director of the USA Basketball workforce in 2005 after they represented the United States within the 2008 Beijing Olympics and 2010 FIBA World Championship. An important philanthropist, Jerry Colangelo serves as Chairman of the National Italian American Foundation (NIAF), a nonprofit nonpartisan academic basis that promotes Italian American tradition and heritage.