Jimmy Goldstein Net Worth & Biography
|Popular Name:||Jimmy Goldstein|
|Real Name:||James F. Goldstein|
|Birth Date:||January 5, 1940|
|Birth Place:||Wisconsin, United States|
|Profession:||Businessman, Sports Fan|
|Net Worth:||$500 Million|
Jimmy Goldstein is an American businessman and entrepreneur who became a sensation for attending a minimum of one hundred National Basketball Association (NBA) matches each season, typically in courtside seats, including roughly 95 percent of the home games of the Los Angeles Clippers and the Los Angeles Lakers. He also travels between cities just to watch games, especially during playoffs, and frequently attends post-game press conferences.
Mr. Goldstein’s passion for the NBA has been featured in ESPN the Magazine, the Boston Globe, the Wall Street Journal, USA Today, and the Detroit Free Press. He is considered to have the largest investment of any fan in the United States and is regarded by a section of the media as a sort of superfan.
Early Life: Childhood, Education
He was born James F. Goldstein on January 5, 1940 in Wisconsin, United States to Milwaukee department store manager C. Ellis Goldstein and his wife, Nanette (née Gamse).
According to Goldstein himself, he began watching NBA games starting from when he was 10 years old. At the age of 15, the Milwaukee Hawks hired him to keep game statistics. He recounts that his entire life has been dedicated to professional basketball since he was a teenager and he has such a passion for the game.
For his education, Goldstein attended Nicolet High School in Milwaukee, Wisconsin and played on the basketball team as a student. After completing high school, he enrolled in Stanford University for his tertiary education and has remained in California ever since.
Professional Life: Entrepreneurial Career, NBA Fan
Jimmy Goldstein can be best described as an American businessman.
After graduating from the University of California in Los Angeles in 1964, he found employment at a company known as Rammco Investment Corporation. Rammco made a breakthrough and amassed a fortune in the late 1960s by buying cheap farmland on the outskirts of Los Angeles and then developing it into neighborhoods. Goldstein’s job at that time was to find acquisition targets in San Bernardino and Riverside.
Asides from his career and professional endeavors, Jimmy Goldstein, is, perhaps, best known for his association with the NBA as a superfan who has attended thousands of NBA events. He typically attends more than a hundred games every season, including approximately 95 percent of the home games of the Los Angeles Clippers and the Los Angeles Lakers basketball teams. He also travels to different cities in the United States just for the purpose of watching NBA matches. His passion for the sport has been featured by many media outlets, excluding in top-rated magazines and channels such as ESPN, the Wall Street Journal, USA Today, the Detroit Free Press, the Boston Globe, and several others.
In 2020, the Hollywood Reporter reported that Jimmy Goldstein made his wealth in mobile home parks by packing groups of properties into asset vehicles and then suing municipalities. His house where he primarily resides is known as “Sheats Goldstein Residence” and it has been featured in several publications including Town & Country, Robb Report, Architectural Digest, DOLCE magazine, and The New York Times. He worked closely with Duncan Nicholson and John Lautner, with the former taking over after Lautner’s death in 1994. Duncan is now the chief architect of his estate.
Personal Life: Private Activities, Records
Having attended more than 2,000 NBA games, Goldstein is regarded as a superfan of the sport by millions of NBA fans. After many years of maintaining a solid presence in several courts, he has befriended several current and former NBA stars, including Dennis Rodman, Sam Cassell, Shaquille O’Neal, Hakeem Olajuwon, Clyde Drexler, and Wilt Chamberlain. According to him, he has no favorite NBA team, in spite of his Clippers and Lakers season tickets. He describes himself as an avid fan of the NBA in general. Jimmy’s stunning NBA attendance has had him featured on magazines like ESPN the Magazine, the Detroit Free Press, and USA Today, among others.
Jimmy Goldstein Net Worth: Salary, Income Sources, Assets
Jimmy Goldstein’s net worth is highly debated in the media due to the opaque nature of his profession. He is mainly a real estate developer, but his devotion to the NBA seems to overshadow what he does for himself as his occupation. He became popular for attending many NBA games in eccentric and colorful outfits. As of 2022, many sources argue that Jimmy Goldstein’s net worth could reach a billion dollars. In spite of that, the most accurate figures that have been obtained point that his wealth could be just as much as $500 million.
Most of Mr. Goldstein’s money is spent on his luxurious lifestyle and on his real estate investments as well. He is well-known for his Hollywood Hills house famously known as the Sheats-Goldstein Residence located in Los Angeles. This property has been used in many photoshoots, films, and TV shows. It was designed by architect John Lautner, built in 1963, and purchased by Mr. Goldstein in 1972 for the sum of $185,001.