Glen Taylor
Service

Glen Taylor Net Worth

Glen Taylor, born in 1941 in Mankato, Minnesota, is a successful businessman who has built a printing firm, Taylor Corp., from a wedding service business he purchased in 1975 for $2 million. He has also invested in various sports teams and media outlets, including the Minnesota Timberwolves, the Lynx WNBA team, the United FC soccer team, and the Minneapolis Star Tribune.
Glen Taylor is a member of Service

Age, Biography and Wiki

Birth Day April 20, 1941
Birth Place Mankato, Minnesota, United States
Age 82 YEARS OLD
Birth Sign Taurus
Preceded by James E. Ulland
Succeeded by Duane Benson
Political party Republican
Spouse(s) Becky Mulvihill
Children Jean, Terri, Taylor Moor, Jeff, and Kendahl
Residence Mankato, Minnesota, United States
Alma mater Minnesota State University Harvard Business School
Occupation Businessman and Entrepreneur Owner, Minnesota Timberwolves, Minnesota Lynx and Iowa Wolves

💰 Net worth: $2.7 Billion (2024)

Glen Taylor, an eminent figure in the United States, is recognized for his remarkable accomplishments and substantial net worth. As of the year 2024, his net worth is estimated to be an impressive $2.7 billion. Known as a visionary entrepreneur, Mr. Taylor has contributed significantly to the service industry, leaving a lasting impact on the nation. Through his exceptional leadership and innovative approach, he has not only achieved remarkable success but has also exemplified the true essence of service, inspiring many along the way. Glen Taylor's achievements and philanthropic endeavors continue to make him a respected and influential personality in the United States.

2009 $2.2 Billion
2010 $2.2 Billion
2011 $1.8 Billion
2012 $1.7 Billion
2013 $1.7 Billion
2014 $1.7 Billion
2015 $1.9 Billion
2016 $1.9 Billion
2017 $1.9 Billion
2018 $2.65 Billion

Famous Quotes:

I like the garden and the farm stuff because I'm by myself, and it's the opposite of what I do all day long: sit in meetings, solve problems, listen to people, hear complaints and deal with bad things. That's my job.

Biography/Timeline

1959

Taylor was born in Springfield, Minnesota, and grew up on a farm in Comfrey, Minnesota. He graduated from Comfrey High School in 1959, and received a bachelor of science in mathematics, physics and social studies from Minnesota State University, Mankato, in 1962. In 1978 he received an executive MBA from Harvard Business School.

1975

During and after college, he worked at Carlson Wedding Service (later Carlson Craft), a Mankato print shop specializing in formal invitations. In 1975, company owner bill Carlson wanted to retire, and Taylor offered to pay $2 million over the course of 10 years for the company.

1981

Taylor was a Republican Minnesota State Senator from 1981 to 1990, serving as assistant minority leader from 1983 to 1985 and Minority Leader from 1985 to 1988.

1994

Taylor purchased majority ownership of the Minnesota Timberwolves NBA basketball team in 1994 and purchased the Minnesota Lynx WNBA basketball team in 1999. Taylor was in talks to buy the Minnesota Twins but nothing came of it.

2000

In 2000, he was banned for nearly a year for signing Joe Smith to a secret contract in violation of the league's salary cap rules. Before Donald Sterling, Glen Taylor was the only NBA owner to be suspended for more than a couple of games.

2005

In 2005, he was rumored to be a possible buyer for the Minnesota Vikings, but was outbid by Zygi Wilf.

2008

He is a past chairman of the board of governors for the NBA serving two terms. (2008-2012),(2014-2017)

2014

In 2014, he purchased the Star Tribune for about $100 million.

2015

In 2015, his net worth was reported by Forbes to be $1.86 billion.

2017

In 2017, Taylor purchased the Iowa Energy of the NBA Development League (later called NBA G League) and renamed the team the Iowa Wolves as the developmental affiliate of the Timberwolves.

Some Glen Taylor images

About the author

Lisa Scholfield

As a Senior Writer at Famous Net Worth, I spearhead an exceptional team dedicated to uncovering and sharing the stories of pioneering individuals. My passion for unearthing untold narratives drives me to delve deep into the essence of each subject, bringing forth a unique blend of factual accuracy and narrative allure. In orchestrating the editorial workflow, I am deeply involved in every step—from initial research to the final touches of publishing, ensuring each biography not only informs but also engages and inspires our readership.