John Edward York was born on 1980, in Youngstown, Ohio, USA, and is a sports executive, probably best known for being the current CEO of the National Football League (NFL) team, the San Francisco 49ers – he succeeded his parents, Denise DeBartolo York and John York, who were the previous owners of the franchise. He is also the nephew of former 49ers owner Edward J. DeBartolo Jr. The success of this franchise has put his net worth to where it is now.
How rich is Jed York? As of early-2016, sources estimate that his net worth is at $100 million, mostly acquired through the income earned by the San Francisco 49ers each year. He’s worked in various positions in the franchise before becoming its CEO. He’s responsible for some decisions for the team and his position has helped him raise his wealth.
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Jed York Net Worth $100 Million
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For his education, Jed attended St. Charles Elementary School and later Cardinal Mooney High School. His interest in sports would start here as he played baseball, becoming captain of the school team. He graduated with a degree in Finance and History from the University of Notre Dame.
His first job would be working as a financial analyst in New York City for Guggenheim Partners. After one year at the job he decided to quit, and that was when his parents offered him a position with the San Francisco 49ers, a family owned team. He started in the team as the Director of Strategy Planning, and eventually became the Vice President of Strategy Planning. By 2008, his father appointed him as president of the team while his parents would maintain chairmen roles interacting with executives and other owners. By 2010, Jed made a bold statement by declaring they would become divisional champions and go to the playoffs while already at a 0-5 record – they would go on and be one game short of reaching that goal. In 2011 they had an amazing year and were able to reach the NFC Championship, before losing to the New York Giants. During 2012, Jed would become CEO of the team while giving the position of president to Gideon Yu.
Jed became the topic of controversy following a tweet after the loss to the Seattle Seahawks in November 2014, with speculation that the unusual tweet was directed at Coach Jim Harbaugh, confirmed when the coach was fired. The fan base of the 49ers displayed their displeasure at the decision, but the decision might have been some time coming as it was reported that the two were already clashing during meetings. Jed replaced Harbaugh with Jim Tomsula, comparing the switch to the NBA’s Golden State Warriors decision to add Steve Kerr as their coach. This received more negative remarks and Jed was soon proven wrong as the 49ers would finish with a negative record. The team would perform poorly in 2015 and fans started to demand that Jed’s parents would take back control of the franchise and remove their son from the picture. Even columnists had negative opinions on Jed’s recent actions.
Aside from his career, not much else is known about Jed York’s life. He married Danielle Belluomini in 2013, but the rest of his personal life remains private.
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