Robert Sarver net worth is $850 million as of 2023. He is a well-known American entrepreneur who is the owner of Phoenix Mercury, RCD Mallorca, and a popular sports team. However, he came into the limelight for being a wealthy businessman since he owns a real estate development company and also an American sports team.
As per the sources, his annual income is $25 million. So as expected his primary sources are his business ventures, investments, and collaborations. Robert Sarver started his company Southwest Value with his partners in 1995.
In addition, he also invested his money in various other ventures like an NBA team, Verizon 5G Performance Center, WNBA Phoenix Mercury, etc. So in today’s article, we shall discuss some of the interesting aspects of the famous American businessman’s life. Let’s get to the details!
Robert Sarver Net Worth Details
Robert Sarver is one of the most popular businessmen in the United States. This is because he owns multiple businesses and through them, he has successfully accumulated a massive net worth. For instance, he owns well-known companies like Phoenix Mercury, RCD Mallorca, and an NBA team.
In fact, he gained immense popularity for owning some of the most popular real estate companies in the United States. So as per the sources, Robert Sarver net worth is presently $850 million USD. Moreover, his primary sources of income come mainly from his business ventures, investments, and collaborations.
Therefore, he belongs to the category of some of the richest entrepreneurs all over the world. Needless to say, all his business ventures are also running successfully. The following table discusses his net worth growth over the years:
| Net worth in 2023 | $850 million |
| Net worth in 2022 | $825 million |
| Net worth in 2021 | $800 million |
| Net worth in 2020 | $775 million |
| Net worth in 2019 | $750 million |
A Short Bio of Robert Sarver
Robert Sarver was born to his parents, Irene and Jack on the 31st of October 1961 in Tucson, United States. Therefore, he is presently 61 years old. Needless to say, Sarver is one of the most popular entrepreneurs in recent times.
He has grown up in a business-class family as his father was a prominent Tucson businessman and owned the Plaza International Hotel, Aztec Inn Tucson at Speedway and Campbell.
Moreover, his father was also known for being a hotel developer and banker before he died in 1979 because of a heart attack. As per the sources, he was very close with his son Robert so his sudden death was a big blow to his son.
So to complete his education, Robert went to Sabino High School. Later on, to get his degree in business administration he studied at the University of Arizona and graduated in 1982. So after achieving this degree in 1983, he became a public accountant.
| Real Name | Robert Sarver |
| Nickname | Robert |
| Famous as | Entrepreneur |
| Date of Birth | October 31, 1961 |
| Age | 61 years (as of 2023) |
| Profession | Businessman |
| Birthplace | Tucson, United States |
| Current Residence | United States |
| School | Sabino High School |
| Nationality | American |
| Net Worth | $850 million |
| Marital Status | Married |
| Girlfriend/Wife | Penny Sanders |
| Religion | Christianity |
| Zodiac sign | Taurus |
| Ethnicity | White |
| Parents | Mr. Jack Sarver (father)Mrs. Irene Sarver (mother) |
| Siblings | Unknown |
| Social Media | Instagram, Twitter, Facebook |
Robert Sarver’s Career Details
According to the sources, the American entrepreneur Robert Sarver began his career by establishing the National Bank in Tucson in 1984. However, this later changed to the National Bank of Arizona in the state.
It was in 1994 that he sold it to the largest independent bank Zions Bancorporation. Well, after this he established another bank named Grossmont Bank in San Diego. Needless to say, this is one of the largest community banks. However, Robert sold it in 1977. So it was till 2003, he dealt with banking services.
Apart from the bank, he was involved in other businesses. This was the real estate business that he started with his partners in 1995 with the establishment of the company Southwest Value. Moreover, he also invested his money in various other ventures like an NBA team, Verizon 5G Performance Center, WNBA Phoenix Mercury, etc.
According to the sources, pretty recently in 2021, he made an investment worth $230 million. Through this, he helped expand the Footprint Center. In addition, in 2004, he also became the owner of the WNBA team and Phoenix Suns which has currently won the NBA finals in 2021. Furthermore, he became popular among netizens for an investigation related to Phoenix Suns. Presently, he is at the peak of his career.
Personal Life of Robert Sarver
Robert Sarver lives with his wife Penny Sanders in Paradise Valley, Arizona. As per the sources, the pair met in 1991 when she moved to Phoenix after graduating from The University of Oklahoma in 1990.
In fact, the Missouri native bagged a job with Prentice-Hall, marketing textbooks to universities. However, Robert and Penny chose to not rush into saying their wedding vows and dated for five years before getting hitched.
So they tied the knot on November 2, 1996, in an intimate ceremony in San Diego. According to reports, only their closest friends and family were invited to the big day. She reportedly boasts a Bachelor’s degree in business.
Moreover, Robert earned the same qualification at The University of Arizona as well. Even though the details of her current career are unknown, Penny is also an entrepreneur and is often involved in charitable work.
However, inspired by the sudden death of Robert’s father, business and banking tycoon Jack Sarver in 1979, due to a heart attack, the couple is closely involved with the University of Arizona’s heart research center.
Moreover, in 1998, they renamed the Sarver Heart Center in honor of the late hotel developer. Robert previously said: “Penny and I are fortunate that our parents taught us to give a little back when we have been successful.
Social Media Accounts of Robert Sarver
- https://instagram.com/robertsarver?igshid=MzRlODBiNWFlZA==
- https://twitter.com/RobertSarver
- https://www.linkedin.com/in/robertsarver/
FAQs About Robert Sarver
What is Robert Sarver net worth?
Robert Sarver net worth is $850 million.
What is Robert Sarver’s annual income?
According to various sources, as of 2023, his annual income is $25 million. The primary source of his income comes from his business ventures, investments, and collaborations.
What does Robert Sarver do for a living?
Robert earns his living by being an American businessman who owns Phoenix Mercury, RCD Mallorca, and an American sports team. He gained the limelight for being a wealthy businessman who has ownership of a real estate development company.
How old is Robert Sarver?
Sarver was born on 31st October 1961 and is currently 61 years old. (as of 2023)
What is Robert Sarver’s height?
Sarver is 1.7 m tall.
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