F rank McCourt is an American real estate developer who is best known for his controversial former ownership of the Los Angeles Dodgers of Major League Baseball. He comes from a Boston-based real estate family. He made his initial fortune by developing commercial properties in the Boston Seaport area.
He acquired the Dodgers in 2004, and his tenure was marked by a lack of on-field success and significant financial turmoil, culminating in a highly public and messy divorce and the team's bankruptcy. He was ultimately forced to sell the Dodgers in 2012 for a record $2.15 billion, a sale that, despite the controversy, left him with a massive profit. He has since reinvested his fortune, most notably by acquiring the French Ligue 1 soccer club, Olympique de Marseille, in 2016. He also runs a major philanthropic initiative focused on technology and public good.
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