Glen Taylor

$3.12 B

Ranked #1330 in World

About Glen Taylor

Glen Taylor, a prominent American billionaire and ex-Minnesota State Senator, is noted for his dynamic leadership in business and sports. As the founder of Taylor Corporation, Taylor scaled the enterprise into a leading graphic communications firm in the US. His diverse portfolio includes part-ownership of Minnesota United FC and the ownership of Minneapolis's Star Tribune since 2014. With a $2.8 billion net worth as per 2023 Forbes, Taylor shines as Minnesota's wealthiest individual. He has made considerable political donations, amounting to $119,100 to Republican entities between 2016 and 2020. Taylor, a Minnesota State University alumnus with an executive MBA from Harvard, fostered his business acumen to acquire and elevate several sports franchises, though he faced a nine-month NBA suspension in 2000. In 2021, he struck a $1.5 billion deal to transition majority ownership of the Timberwolves and Lynx to Marc Lore and Alex Rodriguez while retaining a 20% stake.

Born

April 20, 1941 in Springfield, Minnesota, U.S.

Age

84 years

Source Of Wealth

Printing

Industries

Service

Citizenship

United States

Residence

Mankato, Minnesota

Education

Bachelor of Arts/Science, Minnesota State University

Spouse

Glenda Taylor (Married: 1957; Divorced: 1990), Becky Mulvihill (Married: 2007)

Children

Glen Taylor, an American billionaire business magnate, and politician, was born in Mankato, Minnesota. He graduated from Minnesota State University, Mankato with a Bachelor of Science in mathematics, physics, and social studies. Taylor went on to receive an executive MBA from Harvard Business School in 1978.

Glen Taylor: Family

Glen Taylor is married to Becky Taylor, and they have three children together. The family resides in Mankato, Minnesota.

Glen Taylor: Career Highlights

Glen Taylor's career highlights include:

Founder and owner of Taylor Corporation, one of the largest graphic communication companies in the US.
Former majority owner of Minnesota Timberwolves (NBA) and Minnesota Lynx (WNBA).
Current part-owner of Minnesota United FC (MLS).
Owner of Star Tribune, Minneapolis's newspaper since 2014.
Served as a Republican Minnesota State Senator from 1981 to 1990.
Served as chairman of the board of governors for the NBA from 2008 to 2012 and 2014 to 2017.

Glen Taylor: Companies

Glen Taylor is the founder and owner of Taylor Corporation, a multinational printing and electronics company. He also owns the Star Tribune, Minneapolis's newspaper.

Glen Taylor: Major Achievements

Glen Taylor's major achievements include:

Growing Taylor Corporation from a small wedding service into a multinational company.
Leading the Minnesota Timberwolves to their first playoff appearance in franchise history in 1997.
Serving as chairman of the board of governors for the NBA.
Purchasing the Star Tribune and shifting its editorial stance to be less liberal.

Glen Taylor: Awards & Achievements

Glen Taylor has received numerous awards and achievements, including:

Minnesota Business Hall of Fame inductee (2007).
University of Minnesota Carlson School of Management Distinguished Alumni Award (2011).
Minnesota State University, Mankato Distinguished Alumni Award (2012).

Glen Taylor: Personal Life & Legacy

Glen Taylor is known for his philanthropy and community involvement. He has donated millions of dollars to various organizations, including the University of Minnesota, Minnesota State University, Mankato, and the Mayo Clinic.

Taylor is also a strong supporter of the arts and has served on the boards of several arts organizations.

Glen Taylor: Trivia

Glen Taylor is an avid golfer and pilot. He also enjoys spending time with his family and friends.

Wealth History

Timeline

1953

Glen Taylor was born.

1975

Purchased Taylor Corporation (formerly Carlson Wedding Service) and grew it into a multinational printing and electronics company.

1978

Received an executive MBA from Harvard Business School.

1981

Served as a Republican Minnesota State Senator from 1981 to 1990.

1990

Resigned from the senate in 1990 to focus on business interests.

1994

Purchased Minnesota Timberwolves.

1999

Purchased Minnesota Lynx.

2000

Received a nine-month suspension for violating the NBA's salary cap rules.

2008

Served as chairman of the board of governors for the NBA from 2008 to 2012.

2012

Ended his first term as chairman of the board of governors for the NBA.

2014

Purchased the Star Tribune and shifted its editorial stance to be less liberal.

2014

Served as chairman of the board of governors for the NBA from 2014 to 2017.

2017

Purchased Iowa Energy (later renamed Iowa Wolves) as the developmental affiliate of the Timberwolves.

2017

Ended his second term as chairman of the board of governors for the NBA.

2021

Entered into an agreement to sell the Timberwolves and Lynx to Marc Lore and Alex Rodriguez for $1.5 billion, retaining a 20% ownership stake.

Glen Taylor : FAQs

What is Glen Taylor's current net worth?

Glen Taylor's current net worth is $3.12 billion.

What is Glen Taylor's current global rank among billionaires?

Glen Taylor holds the 1330th position globally among billionaires.

What is Glen Taylor's current ranking within the United States?

Glen Taylor holds the 484th position in United States.

What was the change in Glen Taylor's net worth compared to the previous year?

Glen Taylor's net worth decreased by 102.64 million dollars compared to the previous year 2025, when his net worth was 3.22 billion dollars.

What are Glen Taylor's main sources of wealth?

Glen Taylor's main source of income comes from Printing.

In which industry does Glen Taylor primarily operate?

Glen Taylor is primarily involved in the Service industry.

What is Glen Taylor educational background?

Glen Taylor holds a Bachelor of Arts/Science from Minnesota State University.

How old is Glen Taylor?

Glen Taylor is 84 years old.

How many children does Glen Taylor have?

Glen Taylor has 5 children.

Who is Glen Taylor and what is his connection to Minnesota?

Glen Taylor is an American billionaire business magnate, former politician, and prominent figure in Minnesota. He founded Taylor Corporation and owned the Minnesota Timberwolves and the Minnesota Lynx, and he currently owns the Star Tribune newspaper and holds a part-ownership in Minnesota United FC. Taylor also served as a Republican Minnesota State Senator.

What are some significant businesses owned by Glen Taylor?

Glen Taylor owns Taylor Corporation, one of the largest graphic communication companies in the US, and the Star Tribune newspaper. He formerly owned the Minnesota Timberwolves (NBA) and Minnesota Lynx (WNBA) and is now a part-owner of Minnesota United FC (MLS).

How did Glen Taylor impact Minnesota's sports landscape?

Glen Taylor significantly shaped Minnesota's sports scene by purchasing the Minnesota Timberwolves in 1994 and the Minnesota Lynx in 1999. He served as chairman of the NBA's board of governors and was part of an agreement in 2021 to sell the Timberwolves and Lynx, retaining a 20% stake.

What are the educational and business achievements of Glen Taylor?

Glen Taylor graduated from Minnesota State University, Mankato with a degree in mathematics, physics, and social studies, and earned an executive MBA from Harvard Business School in 1978. He purchased and expanded Taylor Corporation and has held various leadership positions, including serving on the Minnesota Commission on Reform and Efficiency.