Donald Sterling Net Worth is$1.5 Billion
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Profession: Lawyer

Date of Birth: 1936

Donald Sterling is a businessman, real estate mogul, and attorney, originally from Chicago with an estimated net worth of $1.5 billion dollars. Donald Sterling owns the NBA team The Los Angeles Clippers. While successful financially, he has been sued multiple times for sexual harassment and discrimination, and is known for heckling his own players during games.
Donald T. Sterling is an American real estate mogul, attorney, and the owner of the National Basketball Association's Los Angeles Clippers. Sterling acquired the Clippers in 1981 for $12.5 million, and as of the 2008 rankings, the team is valued at $297 million by Forbes magazine, ranking them twenty-fifth out of thirty teams.
Donald Tokowitz (legally added Sterling as his last name as an adult) was born in 1933 in Chicago, Illinois, but he and his family moved to the Boyle Heights area of Los Angeles, when he was two years old. His parents, Susan and Mickey, were Jewish immigrants. He attended Theodore Roosevelt High School in Los Angeles, where he was on the school's gymnastics team and served as class president; he graduated in 1952. He next attended California State University, Los Angeles (Class of 1956) and Southwestern University School of Law (Class of 1960) in Los Angeles. Starting in 1961, he began to make his career as a divorce and personal injury attorney, but he made his biggest ventures in real estate, which he began when he purchased a 26-unit apartment building in Beverly Hills.
He married the former Rochelle "Shelly" Stein, in 1957. They have three children and several grandchildren.
Sterling and Los Angeles Lakers majority owner Jerry Buss were indirectly responsible for each owning their respective NBA franchises. The first instance came in 1979, in which Buss used the money he made from selling a portion of his apartment buildings to Sterling (worth $2.7 million), which covered the remaining balance in purchasing the Lakers, the Kings hockey team, and the Los Angeles Forum from Jack Kent Cooke for $67 million. Two years later, Buss suggested to Sterling that he could purchase his own NBA franchise, and Sterling bought the struggling San Diego Clippers for $13.5 million. Unlike Buss' instant success with the Lakers (including winning an NBA championship in his first season as owner, 1979-80), Sterling and his Clippers struggled through m

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Donald Sterling Latest News

Sterling set for third weekly loss vs. euro as outlook darkens

Against the dollar, sterling was a shade higher against the U.S. dollar largely due to broad greenback-related weakness across the board. The disarray in the White House, with U.S. President Donald Trump’s economic agenda seen under threat, hammered U.S ...
Posted: August 18, 2017, 1:35 am

Sterling College Partners With Kentucky's Berry Center

When Sterling president Matthew Derr took the microphone ... Berry added a jab at President Donald Trump: "I found a lot of college presidents who could be running for president [of the U.S.], if you know what I mean." Derr first reached out to the ...
Posted: August 23, 2017, 2:26 pm

FBI: Murder victim led local arm of global crime op

44; Sterling Green, 47; Keisha Johnson, 32; Kayla Neeley, 29; Isiah Patterson Sr., 29; Donald Washington, 43; Terrence Phillips, 41; Steve Croom Jr., 40; Crystal Jefferson, 39; Dulcinea Purdue, 32; Terrance Howard, 43; Cobie Phillips Jr., 41; Ray Wynn ...
Posted: August 23, 2017, 9:22 pm

Euro Gains on PMI, Hits Fresh 10½-Month High Vs Sterling; Dollar Hurt by Trump, Data Misses

In addition, euro/pound today rose to a fresh 10½-month high of 0.9236 (this constitutes an eight-year high if one were to exclude sterling's flash crash during ... US President Donald Trump's comments at a rally in Phoenix yesterday where he said he ...
Posted: August 23, 2017, 8:16 am

US stocks and dollar succumb to Trump worries

The euro found support from another encouraging round of eurozone survey data, reaching an eight-year high against sterling and regaining the $1.18 level against the dollar. Oil prices pushed higher after news that US crude inventories had fallen for an ...
Posted: August 23, 2017, 8:49 pm
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