Clark Hunt Net Worth: $2 Billion
Category: Richest Business › Richest Billionaires
Net Worth: $2 Billion
Birthdate: February 19, 1965 (59 years old)
Birthplace: Dallas, Texas, U.S.
Gender: Male
Profession: Businessperson
Nationality: United States of America
What is Clark Hunt’s Net Worth?
Clark Hunt is an American businessman and sports team owner with a net worth of $2 billion. He is best known as the primary owner, Chairman, and CEO of the Kansas City Chiefs NFL team. Additionally, Hunt is a founding owner of Major League Soccer (MLS) and the team FC Dallas. Under his leadership, the Chiefs won the Super Bowl in 2020 and again in 2023.
Inheritance and Family Wealth
Clark Hunt’s wealth is inherited. His grandfather, H.L. Hunt, amassed a fortune in the Texas oil fields, initially funded through poker winnings. H.L. Hunt’s successful acquisitions led to his majority ownership of the East Texas Oil Field. By 1948, he was considered the richest person in the U.S., with a net worth of $400-700 million at his death in 1975, equivalent to $2.1-3.7 billion today. H.L. Hunt had 15 children with three women.
Kansas City Chiefs Ownership
Clark’s father, Lamar Hunt, was a founder of the American Football League (AFL) and part owner of the Dallas Texans. After the AFL-NFL merger, the Dallas Texans were relocated to Kansas City and renamed the Chiefs. Upon Lamar’s death in 2006, Clark and his three siblings inherited the team. Today, the Kansas City Chiefs are valued at $4 billion.
Early Life
Clark Hunt was born in Dallas, Texas, on February 19, 1965. His father, Lamar Hunt, was a billionaire investor and the son of H.L. Hunt. Clark attended St. Mark’s School of Texas and later Southern Methodist University (SMU), where he graduated in 1987 with degrees in finance and business administration. At SMU, Clark was a two-time All American soccer player.
After college, Clark worked at Goldman Sachs for two years before returning to Texas to join the family business.
American Football League
In the late 1950s, Lamar Hunt attempted to buy the NFL’s Chicago Cardinals and move them to Dallas but was rejected. Undeterred, Lamar, along with other wealthy individuals like Bud Adams, founded the American Football League (AFL). Lamar’s team, the Dallas Texans, eventually moved to Kansas City and became the Chiefs after the NFL introduced the Dallas Cowboys to counter the AFL.
The AFL-NFL merger in 1966 led to the creation of the Super Bowl, a name coined by Lamar Hunt in a letter to the NFL commissioner.
Chiefs Inheritance
Lamar Hunt passed away in December 2006. Upon his death, his four children inherited the Kansas City Chiefs, with Clark elected as Chairman and CEO.
Major League Soccer
A former All American and team captain for the SMU men’s soccer team, Clark was instrumental in establishing Major League Soccer. Clark and his father founded the Kansas City Wizards, owning the team until 2006. Clark is a member of the MLS board of governors and currently owns FC Dallas.
Personal Life
In 1993, Clark married Tavia Shackles, a former Miss Missouri Teen USA and Miss Kansas USA. They have three children.
Clark Hunt’s journey from a family legacy of wealth to becoming a prominent sports team owner and influential figure in American football and soccer underscores his significant impact on sports and business.