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.
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
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.
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.
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.
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.
In 2005, he was rumored to be a possible buyer for the Minnesota Vikings, but was outbid by Zygi Wilf.
He is a past chairman of the board of governors for the NBA serving two terms. (2008-2012),(2014-2017)
In 2014, he purchased the Star Tribune for about $100 million.
In 2015, his net worth was reported by Forbes to be $1.86 billion.
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.