Denise York Net Worth & Biography
|Popular Name:||Denise DeBartolo York|
|Real Name:||Marie Denise DeBartolo York|
|Birth Place:||Youngstown, Ohio, United States|
|Net Worth:||$1.2 Billion|
American businesswoman Denise York, also known as Marie Denise DeBartolo York, is the current owner of the San Francisco 49ers of the National Football League. There’s no disputing the fact that she is one of the most industrious and successful women in the United States at this time. She is brave, determined, and focused on the tasks she ever finds herself handling, and this is perhaps one of the main reasons why she found success in her professional career and is a wealthy person presently. Denise York’s net worth is more than a billion dollars. Asides from being associated with football in the United States, many people know her for being the daughter of real estate tycoon Edward DeBartolo Sr. and his late wife Marie Patricia Montani DeBartolo. Ms. York scored a big victory back in 2010 when Santa Clara City voted to approve the building of a brand new 68,500-seat football stadium. She is also the former co-chairperson of her family’s private holding company, The DeBartolo Corporation. When her brother Edward DeBartolo Jr. was convicted on federal bribery charges, she took control of the San Francisco 49ers franchise in 2000 and together with her son, Jed, who is the president and chief executive officer of the team, she has clearly and nearly perfectly demonstrated what it means to be in the position of leadership in business. More details follow below.
Marie York was born Marie Denise DeBartolo in the year 1950 in Youngstown, Ohio, the United States. She was raised in a family that was famous and made its wealth from real estate development. Her father was the construction tycoon Edward J. DeBartolo Sr., and her mother, the late Marie Patricia Montani DeBartolo.
When she was done with high school, she joined a Catholic women’s college named Saint Mary’s College of Indiana, located near the University of Notre Dame. She graduated from the said institution before embarking on her career journey.
After graduating from Saint Mary’s College of Indiana, Denise York joined the family’s business, The DeBartolo Corporation, and assumed the position of its executive vice president. After her father died in 1994, she became the company’s co-chair and all 78 malls owned by the company were sold.
In 1978, Edward DeBartolo Sr. purchased the National Hockey League franchise Pittsburgh Penguins and appointed Ms. York as owner and president. She presided over the team during the 1990–91 championship season, and was the third woman in history to serve as president of a team that won a Stanley Cup. In 1991, the year following the championship, York sold the Penguins to help the DeBartolo Corporation which was struggling in the aftermath of the 1987 real estate collapse.
In 1999 when Edward DeBartolo Jr. was convicted of felony in the former Louisiana governor Edwin Edwards scandal, Denise York became operating head of the San Francisco 49ers team which her brother owned. Although Edward could have resumed control of the team after a year after he was suspended, he decided instead to hand his controlling stake in the 49ers over to his sister and her husband in return for other shares of the family business. York and her husband have since handed over control of the 49ers team to their eldest son, Jed York.
The San Francisco 49ers franchise has a business arm known as the 49ers Enterprises. On May 24, 2018, the York family through the 49ers Enterprises purchased shares in Leeds United football club of the English Premier League to become a minority investor.
Mrs. Denise York is married to John York, a retired American cancer research pathologist. They have been blessed with four children: sons Jed and Tony (died in 2018), and daughters Jenna and Mara. The couple resides in the Canfield, Ohio suburb of Youngstown, Ohio.
Denise York Net Worth
Denise York’s net worth is approximately $1.2 billion dollars. She is also known as Marie Denise DeBartolo York as a daughter of the late real estate magnate Eddie DeBartolo Sr., and the sister of the businessman Eddie DeBartolo Jr.
York has made her fortune from several investments in her professional career. She started off by joining the family business, the real estate development firm called DeBartolo Corporation, and later moved in fully to sports ownership where she has held interests in the NHL team, the Pittsburgh Penguins, the NFL franchise San Francisco 49ers, and the EPL club Leeds United. Her current financial status enables her to list as one of the richest residents of Ohio in the United States.