How much is Robert Sarver’s Net Worth’s net worth in 2023
Ava Arnold
Updated on January 03, 2026
Robert Sarver is a sports team owner and businessman from the United States with an estimated net worth of $800 million. Robert Sarver rose to fame as the owner of the NBA’s Phoenix Suns after making a fortune founding many banks. He is a member of the Tucson Sarver Heart Center’s Board of Trustees in addition to managing the Suns.
Who is Robert Sarver?
Robert Sarver was born on October 31, 1961, in Tucson, Arizona. At the age of 16, Robert started working for his father’s business, American Savings and Loan, who was a prosperous businessman, banker, and hotel developer. Business Administration is the degree Robert Sarver received at the University of Arizona.
He attained the CPA designation in 1983. The National Bank of Arizona, previously the National Bank of Tucson, was formed by Robert when he was 23 years old. After it had expanded to become Arizona’s largest independent bank 12 years later, he sold it. The biggest bank in the San Diego, California region, Grossmont Bank, was purchased by him a year later.
How much does Robert Sarver make annually?
His annual salary is $25 million as of 2023, according to a number of reports. He derives the majority of his income from his business endeavors, investments, and partnerships.
How many businesses does Robert Sarver own?
Robert, a lifetime basketball lover, paid $400 million to buy the Phoenix Suns in 2004 along with a group of investors. At the height of his power, he owned 35% of the team. He also owns the Phoenix Mercury of the WNBA. For more than $20 million, Robert Sarver acquired the RCD Mallorca football team in Spain’s second tier in 2016.
He has received scathing criticism for his “penny-pinching” methods in managing the Sun’s team and for his active ownership style, which has caused instability and conflict within the organization.
How many Investments does Robert Sarver have?
Together with Millard Seldin, Sarver co-founded Southwest Value Partners in 1990. In 1995, the business bought San Diego’s Emerald Plaza. Emerald Plaza and two San Diego office buildings were sold by Southwest Value Partners to Triple Net Properties in 2004 for $274.5 million.
How many Endorsement deals has Robert Sarver?
According to Baxter Holmes of ESPN, former Phoenix Suns owner Robert Sarver donated $5 million to the team’s charity and also handed a $20,000 incentive to 250–300 Suns employees.
