What is Joel Glazer’s net worth? The Glazer Family owns the Bucs and Manchester United.
Since Bryan, Edward, and Joel Glazer are the owners and co-chairmen of the Tampa Bay Buccaneers—the 2021 NFC champions—it’s safe to say the Glazer family is running a sports empire alongside their already-successful business empire. The siblings’ business savvy is paying off. Details about the Glazer brothers’ net worth are scarce, but Forbes reported in 2015 that the whole family was worth $4.7 billion at the time.
That said, American football fans might be surprised to know that the Glazer family is also involved in association football, better known to us yanks as soccer. Joel Glazer and his brother, Avram Glazer, are also the executive co-chairmen of the Manchester United football club.
The Glazer family amassed their fortune through real estate.
According to Forbes, the Glazer family got rich off commercial real estate through their First Allied Corporation, which owned 6.7 million square feet of premium shopping center space across the U.S. as of 2015.
Currently, Kevin Glazer—the other brother in the family—is the founder, CEO, and owner of Glazer Properties. The company is “focused on expanding our national reach with the purchase of retail shopping centers, office, and apartment buildings,” with properties in 15 states, according to its website.
Malcolm Glazer purchased the Bucs in 1995 and helped the team to Super Bowl glory.
The late Malcolm Glazer, the patriarch of the family, bought the then-suffering Tampa Bay Buccaneers in 1995 for a record $192 million. With the three brothers managing the day-to-day operations as executive vice presidents, the team made a stunning turnaround and won Super Bowl XXXVII in 2003.
“We’ve got the greatest players in the whole world,” Malcolm said at the time in a rare public appearance, according to The New York Times. “If you haven’t heard about them, you’ve heard about them now.”
Although the Bucs didn’t win another postseason game until 2021, the team was valued at $2.28 billion in September 2020, according to Forbes.
The Glazers gained control of Manchester United in 2005.
Malcolm started buying shares in Manchester United in 2003. By 2005, he had gained control of the football club with 75 percent of the club.
At the time, Manchester United fans resented the idea of American owners—some even ripping up their season tickets or hanging Malcolm in effigy—and the family tried to allay their concerns.
“Man-U has a tremendous history, and we respect that history. We’re not going to try and Americanize the game,” Bryan said in a 2005 interview, according to the Times. “We’re not going to bring in cheerleaders.”
But like the Bucs, Manchester United flourished and thrived in the Glazer era. The team made it to the Premier League finals eight seasons in a row and won five of those eight title games.
The family took Manchester United public in 2012. All of Malcolm Glazer’s six children — including daughter Darcie Glazer Kassewitz, co-president of the Glazer Family Foundation — are on the football club’s board of directors.