George Steinbrenner III

$1.10 B

Ranked #880 in World

About George Steinbrenner III

George Michael Steinbrenner III, born on July 4, 1930, in Rocky River, Ohio, was a prominent figure in American sports and business. Before acquiring the New York Yankees in 1973 and transforming them into a powerhouse with seven World Series titles under his ownership, Steinbrenner had a diverse career that included coaching football at Northwestern and Purdue Universities and revitalizing the Kinsman Marine Transit Company. Known for his strict management style and involvement in various controversies, including illegal campaign contributions, Steinbrenner also made significant charitable contributions and was involved in politics, supporting figures across the spectrum. He passed away on July 13, 2010, leaving behind a complex legacy marked by both success and scandal.

Born

July 04, 1930 in Rocky River, Ohio, U.S.

Died

July 13, 2010 (aged 80)

Source Of Wealth

New York Yankees

Industries

Sports

Citizenship

United States

Residence

Tampa, FL

Education

Bachelor of Arts / Science, Williams C

Spouse

Elizabeth Joan Zieg (Married: 1956)

Children

4, including Hank and Hal

George Michael Steinbrenner III was born on July 4, 1930, in Rocky River, Ohio. He was the son of Rita (née Haley) and Henry George Steinbrenner II. Steinbrenner attended Culver Military Academy and graduated in 1948. He then earned a B.A. from Williams College in 1952. After college, Steinbrenner served in the United States Air Force and later pursued post-graduate studies at Ohio State University.

George Steinbrenner III: Family

Steinbrenner was married to Joan Zieg in 1956, and they had four children together: Hank, Hal, Jennifer, and Jessica. The couple divorced in 1973.

George Steinbrenner III: Career Highlights

Steinbrenner's career highlights include:

Worked as a graduate assistant to Buckeye football coach Woody Hayes.
Served as an assistant football coach at Northwestern University and Purdue University.
Joined Kinsman Marine Transit Company, a Great Lakes shipping company, and revitalized it.
Purchased Kinsman Marine Transit Company from his family.
Became part of a group that purchased the American Shipbuilding Company and served as its chairman and CEO.
Entered the sports franchise business with the Cleveland Pipers of the National Industrial Basketball League (NIBL).
Led a group of investors in purchasing the New York Yankees from CBS in 1973.
Won seven World Series championships as owner of the New York Yankees.

George Steinbrenner III: Companies

Steinbrenner was involved with the following companies:

Kinsman Marine Transit Company
American Shipbuilding Company
New York Yankees
New Jersey Devils

George Steinbrenner III: Major Achievements

Steinbrenner's major achievements include:

Revitalized Kinsman Marine Transit Company and later purchased it from his family.
Led a group of investors in purchasing the New York Yankees from CBS in 1973.
Won seven World Series championships as owner of the New York Yankees.
Established the Silver Shield Foundation to support families of fallen police officers.

George Steinbrenner III: Awards & Achievements

Steinbrenner received numerous awards and achievements, including:

Seven-time World Series champion as owner of the NY Yankees.

Two-time Stanley Cup champion as owner of the NJ Devils.
Outstanding Team ESPY Award
Golden Plate Award

George Steinbrenner III: Personal Life & Legacy

Steinbrenner was known for his demanding and intense management style. He was also involved in thoroughbred horse racing and owned Kinsman Stud Farm. Steinbrenner died of a heart attack on July 13, 2010, at the age of 80.

George Steinbrenner III: Trivia

Here are some trivia about George Steinbrenner:

Steinbrenner was a fan of the Cleveland Indians growing up.
He was a member of the Sigma Chi fraternity at Williams College.
Steinbrenner was a pilot and owned several airplanes.
He was inducted into the National Baseball Hall of Fame in 2010.
Steinbrenner was portrayed by actor Jerry Stiller in the 1993 film "The Bronx Is Burning."

Wealth History

Timeline

July 4, 1930

George Michael Steinbrenner III is born in Rocky River, Ohio.

1948

Graduates from Culver Military Academy.

1952

Earns a B.A. from Williams College.

N/A

Serves in the United States Air Force.

N/A

Pursues post-graduate studies at Ohio State University.

N/A

Works as a graduate assistant to Buckeye football coach Woody Hayes.

N/A

Serves as an assistant football coach at Northwestern University.

N/A

Serves as an assistant football coach at Purdue University.

N/A

Joins Kinsman Marine Transit Company, a Great Lakes shipping company.

N/A

Revitalizes Kinsman Marine Transit Company.

N/A

Purchases Kinsman Marine Transit Company from his family.

N/A

Becomes part of a group that purchases the American Shipbuilding Company.

N/A

Serves as chairman and CEO of the American Shipbuilding Company.

N/A

Enters the sports franchise business with the Cleveland Pipers of the National Industrial Basketball League (NIBL).

1961-62

The Cleveland Pipers win the ABL championship.

N/A

The American Basketball League (ABL) folds.

N/A

Invests in Broadway shows, including "Seesaw" and "Legs Diamond."

1973

Leads a group of investors in purchasing the New York Yankees from CBS.

N/A

Enforces a strict grooming code, prohibiting facial hair and long hair.

1980

Signs Dave Winfield to a 10-year, $23 million contract.

N/A

Criticizes Dave Winfield's performance, leading to a strained relationship.

1990

Suspended from baseball operations due to illegal campaign contributions.

1993

Reinstated and takes a less hands-on approach to baseball operations.

N/A

The New York Yankees win seven World Series championships under his ownership.

N/A

Makes controversial decisions, including firing managers and criticizing players.

2005

Names Steve Swindal as his successor.

2007

Officially retires and hands control of the New York Yankees to his sons Hal and Hank Steinbrenner.

July 13, 2010

Dies of a heart attack at the age of 80.

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Known for his demanding and intense management style.

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Pressured and changed off-field employees, creating a tense work environment.

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Involved in thoroughbred horse racing and owned Kinsman Stud Farm.

N/A

Established the Silver Shield Foundation to support families of fallen police officers.

N/A

Donated to various charitable causes and individuals.

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Supported numerous senators and representatives and contributed to political campaigns.

2000

Donated $5,000 to the Bush-Cheney recount fund.

2008

Contributed to Hillary Clinton, Rudy Giuliani, and John McCain.

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Known for rapid turnover of management personnel, changing managers 20 times in his first 23 seasons with the Yankees.

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Frequently feuded with high-priced free agents he pursued.

1974

Pled guilty to making illegal contributions to Nixon's re-election campaign and obstruction of justice.

N/A

Fined $15,000 personally, and his company was assessed an additional $20,000.

N/A

Suspended from baseball for two years, later commuted to fifteen months.

1989

Pardoned by Ronald Reagan.

1990

Banned permanently from day-to-day management of the Yankees for paying a gambler to dig up dirt on Dave Winfield.

1992

Reinstated after dropping lawsuits against MLB Commissioner Fay Vincent.

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Poked fun at himself in the media, including appearances on Saturday Night Live and in commercials.

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Often portrayed in caricatures and parodies, including in the Seinfeld sitcom.

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Seven-time World Series champion as owner of the NY Yankees.

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Two-time Stanley Cup champion as owner of the NJ Devils.

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Numerous awards and honors, including the Outstanding Team ESPY Award and the Golden Plate Award.

George Steinbrenner III : FAQs

What is George Steinbrenner III's net worth?

As of 2010, George Steinbrenner III's net worth was $1.10 billion.

What are George Steinbrenner III's main sources of wealth?

George Steinbrenner III's main source of income comes from New York Yankees.

In which industry does George Steinbrenner III primarily operate?

George Steinbrenner III is primarily involved in the Sports industry.

What is George Steinbrenner III educational background?

George Steinbrenner III holds a Bachelor of Arts / Science from Williams C.

Is George Steinbrenner III dead?

Yes, George Steinbrenner III died on July 13, 2010 (aged 80).

How many children does George Steinbrenner III have?

George Steinbrenner III has 4 children.

How did George Steinbrenner begin his career before owning the New York Yankees?

Before owning the Yankees, Steinbrenner worked as a graduate assistant to Buckeye football coach Woody Hayes, served as an assistant football coach at Northwestern and Purdue Universities, joined Kinsman Marine Transit Company, revitalized it, purchased it from his family, and became chairman and CEO of the American Shipbuilding Company.

What were the key milestones in George Steinbrenner's New York Yankees career?

Steinbrenner led a group to purchase the Yankees in 1973, enforced a strict grooming code, signed Dave Winfield to a significant contract in 1980, had a strained relationship with Winfield, and was suspended in 1990 for illegal campaign contributions. He was reinstated in 1993 and saw the Yankees win seven World Series championships under his ownership.

How did George Steinbrenner contribute off the field and in his personal life?

Off the field, Steinbrenner was known for his demanding management style and involvement in thoroughbred horse racing. He established the Silver Shield Foundation to support families of fallen police officers and donated to various charitable causes and political campaigns.

What controversies surrounded George Steinbrenner during his career?

Steinbrenner faced controversies including rapid turnover of management personnel, feuds with high-priced free agents, pleading guilty to making illegal contributions to Nixon's re-election campaign and obstruction of justice in 1974, being fined and suspended from baseball, and being banned from day-to-day management of the Yankees in 1990 for paying a gambler to dig up dirt on Dave Winfield.