Arsenal transfer news: Stan Kroenke continues to have success across his business ventures with the Gunners just a small part of his work
Arsenal owner Stan Kroenke is continuing to expand his Kroenke Sports & Entertainment empire (KSE) with the rewards growing by the month.
His sporting franchises and teams have come in for historical levels of success over the past two years after the LA Rams became Super Bowl champions in 2022 and Denver Nuggets won the NBA earlier this year. Arsenal themselves have grown on and off the field into becoming one of the most attractive sides in the world.
Now, having already been the 48th richest man in America according to Forbes, Kroenke's net worth has boomed in the past 12 months. Bloomberg record a £1.56billion ($2bn) increase from this point in 2022, a testament to his success.
The improved fortunes on the pitch, highlighted by moving from fifth in 2021/22 to being second and leaders for much of the 2022/23 campaign. Backed by smart recruitment and a joined up approach, Kroenke is now seen in a much more favourable light.
It means that in total he has risen from being worth £6.4billion ($8.3bn) in April 2021 to his new worth which is more than 50% higher in just 24 months. Since his full takeover of Arsenal in 2018 following, 10 years after he first became involved, his worth overall has grown nearly exponentially.
While his level of investment in Arsenal has often been criticised, that has since been silenced, partially in tandem with the increased role being played by his son, Josh. Alongside new vice-chair, Tim Lewis, the pair have helped to transform the feeling in north London.
Kroenke's task is now to keep overseeing the vast improvement of his football club as well as balancing that with his vital responsibilities elsewhere.
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