Atlanta Hawks
Owner: Atlanta Spirit, LLC – Net worth: N/A
Atlanta is a special case as the team is owned by a partnership comprised of seven partners: Michael Gearon, Jr., Bruce Levenson, Ed Peskowitz, J. Rutherford Seydel, Todd Foreman, J. Michael Gearon, Sr., and Beau Turner.
The Atlanta Spirit bought the Hawks from Ted Turner in 2005. It should be noted that Beau Turner is the youngest son of Ted Turner, J. Rutherford Seydel is a son-in-law of Ted Turner., and Michael Gearon Sr. was the general manager (1977–79), president (1977–1986) and chairman of the board (1986–2004) of the Atlanta Hawks under Turner's ownership.
Michael Gearon, Jr. started telecommunications enterprise Gearon Communications in 1990 at the age of 25. In 1998, he sold his then multi-million dollar business to American Tower, one of the largest providers of communications towers in the world.
Bruce Levenson and Ed Peskowitz co-founded United Communications Group (UCG), a portfolio of professional business information companies, in 1977. UCG, which is now one of the largest privately held business information companies in the world, provides specialized information to more than two million clients in numerous business sectors, including healthcare, technology, energy, telecommunications, and financial services.
J. Rutherford Seydel is a partner in the law firm of Davis, Pickren & Seydel and is active in the firm's fast growing real estate, franchising and business transactions practices. He has been a season ticket holder of the Hawks for more 20 years.
Todd Foreman is a partner in United Communications Group (UCG). Foreman joined the company in 1992 to head their financial operations, oversee several of UCG's businesses and also focuses on UCG's acquisition strategy.
J. Michael Gearon, Sr. has spent almost 30 years in various capacities with the Atlanta Hawks, including general manager (1977-79), president (1977-1986) and chairman of the board (1986-2004). Gearon built one of the top real estate development companies in the country. Gearon & Company, which pioneered the concept of large-scale suburban office parks, was responsible for many of the business developments in Atlanta. A longtime associate and close friend of Ted Turner, Gearon is a former director of Turner Broadcasting.
Beau Turner is Ted Turner's son. He is involved in charitable pursuits. Enough said.
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