Hank Steinbrenner is one of the recognizable names in the sports business, he was a part-owner as well as held the position of co-chairman of the New York Yankees of Major League Baseball (MLB). He was a managing general partner and minority partner at Steinbrenner Racing. Hank was born on 2nd April 1957 as Henry George Steinbrenner III. His star sign is Aries. He was the third generation of the renowned, Steinbrenner family. On 14th April 2020, he died recently in Clearwater at the age of 63. He died because of a longstanding health issue.
Early life & Family
Steinbrenner was the older son of George and Elizabeth Joan Steinbrenner. He had two sisters, Jessica and Jennifer Steinbrenner-Swindal and a younger brother, Hal. All three were general partners for the Yankees. Hal served as the chairman and CEO of Steinbrenner hotel properties, who became chairman of the Yankees in 2008, succeeding his father. He attended Culver Academy and Central Methodist College, where he played soccer and earned a degree in history and political science.
After stepping away from the New York Yankees during the 1990s, he ran Kinsman Stable, the Steinbrenner-owned horse stable in Ocala, Florida. He was also named chairman of Minch Transit Company and subsequently the vice president of the Mid-Florida Hotels Corporation in 1990. In 2000, he also partnered with Gwynn Racing to field a car in the National Hot Rod Association. Since 2007, George ceded most day-to-day control of the New York Yankees to Hal and Hank due to failing health, Hank serving until his death in 2020.
Hank Steinbrenner Net Worth is $3.2 Billion in 2020
Hank Steinbrenner, an Heir to the Yankees, Is Dead at 63. Before his death, he accumulated some whopping net earnings of USD 3.2 billion. Well, he was the member of Steinbrenner family who has owned the New York Yankees of MLB since his father, George Steinbrenner had purchased the franchise in 1973. After George’s death, his sons, Hal Steinbrenner and Hank Steinbrenner inherited the team from their father.
In 2015, his estimated net worth was nearly $3.2 billion by Forbes, making the family 45th richest family in the United States. Before joining the New York Yankees, he had several other businesses that had helped him a lot to build such a strong net worth.