Hank Steinbrenner Biography

April 15, 2020
First published on:April 15, 2020
by John Max

Facts of Hank Steinbrenner

Birth Name Henry George Steinbrenner III
Birth Place Culver, Indiana, U.S.
Famous Name Hank Steinbrenner
Father George Michael Steinbrenner III
Mother Elizabeth Joan Steinbrenner
Net Worth $3.2 Billion
Nationality American
Ethnicity White
Profession Business man
Children Four

Hank Steinbrenner is one of the recognizable names in the sports business who was a part-owner as well as held the position of co-chairman of the New York Yankees of Major League Baseball (MLB). Also, he was a managing general partner and minority partner Steinbrenner Racing.

Culver, Indiana, native, Hank was born on 2nd April 1957 as Henry George Steinbrenner III, under the star sign Aries. He was the third generation of the renowned, Steinbrenner family. 

On 14th April 2020, Hank Steinbrenner died in Clearwater at the age of 63. The team says he died of a longstanding health issue, complications related to a longstanding, unspecified liver issue and nothing resembles current COVID -19 viruses. 

Hank Steinbrenner has Net worth in Billions

Co-owner of the seasoned baseball club New York Yankees, Hank Steinbrenner before his death accumulated a tremendous net worth of $3.8 Billion. Well, Hank was the member of Steinbrenner family who has owned the New York Yankees of MLB since George Steinbrenner (father) purchased the franchise in 1973. After George's death, sons Hal Steinbrenner and Hank Steinbrenner inherited the team from their father. 

Hank and Hal inherited the team from their father, Geor SOURCE: New York Post

Back in 2015, the family was estimated to be worth $3.2 billion by the Forbes, making the family 45th richest family in the United States. Before joining the New York Yankees, he had several other businesses which hugely helped him to build net worth that strong. 

The Steinbrenner family owns Yankees for several years which has been named the most valuable team in baseball for the 18th consecutive year in 2015 and was reported to be worth $3.2 billion then.

Was Hank Steinbrenner Married?

The only information about his marital life is Hank was once married and divorced his wife in 2004. Besides, there is information about Hank's spouse. However, their children are no mystery to the public.

Among four children, George Michael Steinbrenner IV is known in sports business who owns the IndyCar team Steinbrenner Racing. The firm is a full-time entry in the IndyCar Series in partnership with Harding Racing under the Harding Steinbrenner Racing.

Also Read: Arthur Blank

Early Life & Family

Hank Steinbrenner was born to George and Elizabeth Joan Steinbrenner. Hank was named for his grandfather, Henry George Steinbrenner II, who made the family fortune in the shipping business.

Hank Steinbrenner photographed with his mom and siblings SOURCE: The New York Times

He had two sisters, Jessica Steinbrenner and Jennifer Steinbrenner-Swindal and a younger brother, Hal. All three serve as general partners for the Yankees. Hal stands as the chairman and CEO of Steinbrenner Hotel Properties, who became chairman of the Yankees in 2008, succeeding his father. Likewise, Jessica runs Kinsman Farm, a stud farm, in Ocala, Florida but George did not let Jennifer rise in the Yankees organization.

Regarding Hank academic qualifications, he enrolled at Culver Academy and Central Methodist College, where he played soccer and earned a degree in history and political science.

Read More: Brian Cashman

Career

After Hank stepped away from the New York Yankees during the 1990s, he runned Kinsman Stable, the Steinbrenner-owned horse stable in Ocala, Florida. At the time, she also coached, soccer at Vanguard High School in Ocala. Further, he became vice president and director of Bay Farms Corporation in 1985.

Later two years, he was named chairman of Minch Transit Company and subsequently the vice president of the Mid-Florida Hotels Corporation in 1990. In 2000, he partnered with Gwynn Racing to field a car in the National Hot Rod Association.

Since 2007, George ceded most day-to-day control of the New York Yankees to Hal and Hank due to failing health, Hank serving until his death in 2020. 

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