E . Stanley "Stan" Kroenke is an American billionaire who has built a massive global sports and real estate empire. He made his initial fortune by founding the Kroenke Group, a real estate development firm that specializes in building shopping centers and apartment buildings, often anchored by Walmart stores. His connection to Walmart is personal; he is married to Ann Walton Kroenke, an heiress to the Walmart fortune and the daughter of the company's co-founder, Bud Walton.
While his real estate business is substantial, Kroenke is most famous for his extensive portfolio of professional sports teams, held through Kroenke Sports & Entertainment. He is the owner of the Los Angeles Rams of the NFL, the Denver Nuggets of the NBA, the Colorado Avalanche of the NHL, the Colorado Rapids of Major League Soccer, and the historic English Premier League football club, Arsenal F.C. He masterminded the relocation of the Rams from St. Louis to Los Angeles and privately financed the construction of the multi-billion dollar SoFi Stadium, a state-of-the-art sports and entertainment complex that has significantly increased the value of his sports holdings.
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