Who is the owner of the Phoenix Suns, Robert Sarver, and what is his net worth?



ROBERT Sarver has owned the Phoenix Suns since 2004.

Like his father Jack, the entrepreneur has made a name for himself in business and financial affairs.


Robert Sarver owns the Phoenix Suns basketball teamCredit: Getty

Who is the owner of the Phoenix Suns, Robert Sarver, and what is his net worth?

Robert Sarver, 59, is an American businessman and co-founder of Southwest Value Partners, a real estate development company.

In addition to owning the NBA team, the Phoenix Suns, he also owns the Real Club Deportivo Mallorca (RCD) football league.

Sarver is originally from Tuscon, Arizona, and began his career working for his father’s company, American Savings and Loan at just 16 years old.

Sarver is also a certified public accountant.

Sarver has owned the Suns since 2004


Sarver has owned the Suns since 2004

According to Celebrity Net Worth, Sarver is estimated at $ 400 million.

The entrepreneur has amassed his wealth through his many business ventures.

At 23, he founded the National Bank of Arizona, formerly known as the National Bank of Tucson.

A year later, he bought Grossmont Bank, the largest bank in the San Diego, California area.

Sarver is in hot water after it was reported that he had been accused of racism, sexism and sexual harassment in a series of incidents, according to a tweet from Jordan Schultz.

Schultz also said that “with enough evidence to back up such claims, there is a real chance the league will forcibly remove Sarver.”

The team released a statement saying they had evidence and eyewitness testimony that contradicted Schultz’s claims, writing: “We urge everyone not to rush to judge here.

“Mostly based on lies, innuendos and a false narrative to attack our organization and its leaders.”

Additionally, Sarver released a statement on the alleged charges, stating, “I am totally shocked by some of the allegations that ESPN has made about me, personally, or about the Phoenix Suns and Mercury organizations.

“While I cannot begin to figure out how to respond to some of the vague suggestions made by mostly anonymous voices, I can certainly tell you that some of the statements that I find completely repugnant to my nature and the character of the Suns / Mercury workplace and I can tell you that has never happened.

“Above all, I reject any innuendo of personal or organizational racism or discrimination based on sex.

“I despise language that disrespects any individual, regardless of race, sex, preference or choice.

“Such language has no place in business or at home in what I consider the Suns and Mercury families.

He continued: “I am proud of our record of diversity and inclusion in both teams, whether in the field or at the front office.

“I’m not starting to figure out how to prove something did NOT happen, and it’s hard to erase or forget the nasty accusations once they are made.

“Even allusions to racism or sexism in our culture today are toxic and damaging and should not be mentioned lightly.

“I categorically deny any suggestions that I have used derogatory language related to race or gender.

Adding: “I would like to think that my actions and public record regarding race, sex or discrimination of any kind, throughout my life in business and community service, will adequately address all questions anyone could raise about my commitment to equality and fairness. “

Is Robert Sarver married?

Sarver is married to Penny Sanders, originally from Missouri.

The couple met in 1991 and married on November 2, 1996.

Sanders is also a businesswoman and moved to Phoenix after graduating from college in 1990 to work with Prentice-Hall marketing textbooks at universities.

Sarver and Sanders have three children, Max, Jake and Zach Sarver, and reside in Paradise Valley, Arizona.

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