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Founders
Founders

#379 Jerry Jones (Dallas Cowboys)

Feb 18, 2025 · 59m
AI Summary
  • Jerry Jones was a natural salesman from age 7, eventually drilling for oil and gas with exceptional success (14 straight oil wells hitting, 199 of 200 gas wells hitting)
  • He accumulated $90 million and invested $140 million to buy the Dallas Cowboys when 75 others said no, borrowing $50 million at steep rates despite advisors calling it a terrible investment
  • The Cowboys lost $9 million the year before his purchase, but Jones's gambling instinct, relentless deal-making, and risk tolerance transformed the franchise into a major asset

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