Arturo Moreno

$4.95 B

Ranked #833 in World

About Arturo Moreno

Arturo "Arte" Moreno, the American entrepreneur and owner of the LA Angels, exemplifies success with a storied career in marketing and sports management. Originating from Tucson, Arizona, Moreno, born to Mexican American parents, earned his marketing degree from the University of Arizona. His business acumen led him to preside over Outdoor Systems, which sold for a hefty $8 billion. Despite challenges, his ownership notably transformed the Angels, achieving multiple division titles despite postseason absences. Moreno's ventures extend to media, philanthropy, and controversial political endorsements.

Born

August 14, 1946 in Tucson, Arizona, U.S.

Age

79 years

Source Of Wealth

Billboards, Los Angeles Angels

Industries

Sports

Citizenship

United States

Residence

Phoenix, Arizona

Education

Bachelor of Arts/Science, University of Arizona

Parent

Mary and Arturo Ricardo Moreno

Arturo "Arte" Moreno was born on August 14, 1946, in Tucson, Arizona, to Mexican American parents. Growing up in a humble background, Moreno developed a strong work ethic and a passion for baseball.

Arturo Moreno: Family

Moreno has been married twice and has three children. He maintains a close relationship with his family and is known for his dedication to his loved ones.

Arturo Moreno: Career Highlights

Moreno's career in the advertising industry laid the foundation for his success. He eventually became the president and CEO of Outdoor Systems, a billboard company, where he demonstrated exceptional leadership and business acumen.

In 1996, Moreno took Outdoor Systems public and achieved remarkable success by selling it to Infinity Broadcasting for $8 billion in 1998. This transaction marked a significant milestone in his entrepreneurial journey.

Moreno's involvement in sports began when he purchased the Salt Lake Trappers minor league team in 1986. He owned the team until 1992, gaining valuable experience in team management and operations.

Arturo Moreno: Companies

Moreno's business ventures extend beyond the sports industry. He owns Radio 830 KMXE, the nation's largest Spanish-language AM radio station, which he acquired in 2006.

Additionally, Moreno established the Moreno Family Foundation, a philanthropic organization dedicated to supporting non-profit organizations focused on youth and education. Through this foundation, he actively contributes to the betterment of his community.

Arturo Moreno: Major Achievements

Moreno's most notable achievement is his purchase of the Anaheim Angels from The Walt Disney Company in 2003 for $180 million. Under his ownership, the team experienced significant success, winning six American League Western Division championships.

Arturo Moreno: Awards & Achievements

Moreno's contributions to the business and sports communities have been widely recognized. He has received numerous awards and accolades, including the Ellis Island Medal of Honor and the Horatio Alger Award.

Arturo Moreno: Personal Life & Legacy

Moreno maintains a private personal life and rarely grants interviews.

Despite his success, he remains grounded and focused on his family and philanthropic endeavors.

Moreno's legacy is one of entrepreneurship, leadership, and community service. He has made significant contributions to the business world, sports, and philanthropy, leaving a lasting impact on society.

Arturo Moreno: Trivia

Moreno's decision to change the team's name from the Anaheim Angels to the Los Angeles Angels of Anaheim in 2005 sparked controversy among fans and the baseball community.

In 2020, Moreno endorsed Donald Trump for president, expressing his support for the Republican candidate.

Wealth History

Timeline

August 14, 1946

Arturo "Arte" Moreno is born in Tucson, Arizona, to Mexican American parents.

1986

Moreno purchases the Salt Lake Trappers minor league team and owns it until 1992.

1996

Moreno takes Outdoor Systems public and sells it to Infinity Broadcasting for $8 billion in 1998.

2001

Moreno attempts to buy the Arizona Diamondbacks but is unsuccessful.

2003

Moreno purchases the Anaheim Angels from The Walt Disney Company for $180 million.

2005

Moreno changes the team's name to the Los Angeles Angels of Anaheim, sparking controversy.

2006

Moreno purchases Radio 830 KMXE, the nation's largest Spanish-language AM radio station.

2020

Moreno endorses Donald Trump for president.

August 2022

Moreno announces plans to explore a possible sale of the team but later retracts the statement.

Arturo Moreno : FAQs

What is Arturo Moreno's current net worth?

Arturo Moreno's current net worth is $4.95 billion.

What is Arturo Moreno's current global rank among billionaires?

Arturo Moreno holds the 833rd position globally among billionaires.

What is Arturo Moreno's current ranking within the United States?

Arturo Moreno holds the 310th position in United States.

What was the change in Arturo Moreno's net worth compared to the previous year?

Arturo Moreno's net worth decreased by 31.52 million dollars compared to the previous year 2025, when his net worth was 4.98 billion dollars.

What is the recent change in Arturo Moreno's net worth?

Arturo Moreno's net worth increased by 2.59 million dollars recently, a 0.05% increase, with his net worth standing at 4.95 billion dollars.

What are Arturo Moreno's main sources of wealth?

Arturo Moreno's main source of income comes from Billboards, Los Angeles Angels.

In which industry does Arturo Moreno primarily operate?

Arturo Moreno is primarily involved in the Sports industry.

What is Arturo Moreno educational background?

Arturo Moreno holds a Bachelor of Arts/Science from the University of Arizona.

How old is Arturo Moreno?

Arturo Moreno is 79 years old.

How many children does Arturo Moreno have?

Arturo Moreno has 3 children.

Who is Arte Moreno and what team does he own?

Arte Moreno is an American businessman known for owning the Los Angeles Angels of Anaheim baseball team, which he purchased in 2003.

What is Arte Moreno's background and where did he attend college?

Born on August 14, 1946, in Tucson, Arizona to Mexican American parents, Arte Moreno graduated from the University of Arizona with a degree in marketing.

What major business deal is Arte Moreno known for before buying the Angels?

Before purchasing the Angels, Arte Moreno was notable for taking his billboard company, Outdoor Systems, public in 1996 and selling it to Infinity Broadcasting in 1998 for $8 billion.

What changes did Arte Moreno make to the Angels and what has been their performance?

After buying the Anaheim Angels in 2003, Arte Moreno changed the team's name to the Los Angeles Angels of Anaheim in 2005. Under his ownership, the team won six American League Western Division championships but didn't win a World Series.

What are some of Arte Moreno's personal interests and political endorsements?

Arte Moreno maintains a private personal life with rare public appearances, is married with three children, and notably endorsed Donald Trump for president in 2020.