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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