Laurene Powell Jobs aims to sell a 10% stake in the Wizards, Capitals

Laurene Powell Jobs aims to sell a 10% stake in the Wizards, Capitals

Laurene Powell Jobs is seeking to divest a 10 percent share in Monumental Sports & Entertainment, the overarching entity overseeing the Washington Wizards and Washington Capitals.

As the foremost shareholder in Monumental after managing partner Ted Leonsis, who holds 20 percent, Powell Jobs currently possesses a net worth of around $13.3 billion. The current valuation of the Washington Wizards stands at approximately $3.33 billion.

Laurene Powell Jobs Looking To Sell 10 Percent Stake In Wizards, Capitals https://t.co/YPauaRSGUw

— RealGM (@RealGM) January 12, 2024

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