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FACT BRIEF

Is the Milwaukee Brewers owner worth billions of dollars?

By Tom Kertscher
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NO

Mark Attanasio, principal owner of the Milwaukee Brewers and co-founder of the Los Angeles-based Crescent Capital Group investment firm, does not appear on Forbes’ 2023 list of the world’s 2,640 billionaires.

Most estimates put his net worth at $700 million.

Net worth is a person’s assets — such as cash, home, stocks and property — minus debts owed.

The employment information website NCESC.com estimated without documentation that Attanasio is worth $1.1 billion.

CelebrityNetWorth.com, GoBankingRates.com, Statista.com and InvestorTimes.com published estimates of $700 million.

The Brewers are seeking improvements to American Family Field, where they play their home games. A bill approved by the Wisconsin Assembly calls for the team to contribute $100 million, and state, City of Milwaukee and Milwaukee County taxpayers to contribute $546 million.

On May 25, Major League Baseball Commissioner Rob Manfred said that Milwaukee risks losing the Brewers to another city if renovations to the stadium aren’t made.

This fact brief is responsive to conversations such as this one.
Sources
MLB Mark Attanasio Chairman and Principal Owner
crescentcap.com Capital Markets Team
Forbes Forbes’ 37th Annual World’s Billionaires List: Facts And Figures 2023
Forbes World's Billionaires List
Employment Security Commission Mark Attanasio Net Worth
Celebrity Net Worth Mark Attanasio Net Worth
GOBankingRates The 20 Richest MLB Team Owners
Statista MLB richest team owners in the U.S. 2022
INVESTOR TIMES Mark Attanasio Net Worth
Wisconsin Watch Milwaukee Brewers stadium: Would counties give local tax money?
Wisconsin Watch Does Milwaukee Brewers stadium plan give up $600M 'for nothing'?
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Wisconsin Watch, the news arm of the nonpartisan, nonprofit Wisconsin Center for Investigative Journalism, increases the quality and quantity of investigative reporting in Wisconsin, while training current and future investigative journalists. Its work fosters an informed citizenry and strengthens democracy.
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Fact briefs are short, credibly sourced summaries that offer “yes/no” answers in response to claims found online. They rely on publicly available, often primary source data and documents. Fact briefs are created by contributors to Gigafact —a nonprofit project looking to expand participation in fact-checking and protect the democratic process. See all fact briefs here.