He began his career in banking, and eventually became the CEO of Western Alliance Bancorporation. He is the majority owner of the Phoenix Suns, and also owns the Phoenix Mercury and the Northern Arizona Suns. He has also invested in a number of other businesses, including real estate, technology, and venture capital.
Robert Sarver is an American sports team owner and businessman with a net worth of $400 million. He graduated from the University of Arizona with a degree in Business Administration and began his career in banking. He is the majority owner of the Phoenix Suns, Phoenix Mercury, and Northern Arizona Suns, and has invested in a variety of other businesses, such as real estate, technology, and venture capital.
Robert Sarver is a member of Executives
💰Robert Sarver Net worth: $400 Million
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When he was twenty-three, he founded the National Bank of Arizona, formerly known as the National Bank of Tucson. He sold it 12 years later, after it had grown to become the largest independent bank in Arizona. A year later, he bought Grossmont Bank, the largest bank in the San Diego, California area. A big basketball fan, he purchased the Phoenix Suns in 2004, and also owns the WNBA's Phoenix Mercury. His tenure as a team owner has met with harsh criticism for his "penny-pinching" ways with regards to his handling of the team. In addition to overseeing his teams, he is also on the Board of Trustees of the Sarver Heart Center in Tucson.