Arturo Moreno is a Mexican-American businessman and the owner of the Los Angeles Angels Major League Baseball team. Here is a brief biography and net worth detail of Arturo Moreno:
Biography:
Arturo Moreno was born on August 14, 1946, in Tucson, Arizona, USA. He grew up in a working-class family and was the first in his family to attend college. He graduated from the University of Arizona with a degree in marketing.
After college, Moreno worked in advertising and marketing for various companies, including outdoor advertising company Outdoor Systems Inc. In 1996, he became the CEO of the company and helped it grow into one of the largest outdoor advertising companies in the United States.
In 2003, Moreno made history by becoming the first Latino owner of a Major League Baseball team when he purchased the Anaheim Angels (now known as the Los Angeles Angels) for $180 million.
Net Worth:
As of 2021, Arturo Moreno’s net worth is estimated to be $3.3 billion, according to Forbes. He has earned his fortune through his successful business career, particularly in the outdoor advertising industry. Moreno’s ownership of the Los Angeles Angels baseball team has also contributed to his wealth.
Moreno has been recognized for his philanthropic efforts, particularly in the areas of education and veterans’ support. He has donated millions of dollars to various charities and established the Moreno Family Foundation, which supports educational and community programs in Arizona, California, and Mexico.
