Denise DeBartolo York

Marie Denise DeBartolo York (born 1950) is an American billionaire businesswoman, who is the owner and co-chair of the San Francisco 49ers American football team.[2] She is the daughter of late construction magnate Edward J. DeBartolo Sr. and the late Marie Patricia Montani DeBartolo.

Denise DeBartolo York
Born
Marie Denise DeBartolo

1950 (age 70–71)
Youngstown, Ohio, US
Alma materSaint Mary's College
OccupationBusinesswoman
Known forOwner and co-chair, San Francisco 49ers
Net worthUS$3.2 billion (April 2020)[1]
Term2000–2008
PredecessorEdward J. DeBartolo, Sr.
SuccessorJed York
Board member ofSan Francisco 49ers
Spouse(s)John York
Children4, including Jed York
Parents
RelativesEdward J. DeBartolo, Jr. (brother)
Tiffanie DeBartolo (niece)

Early life

DeBartolo grew up in a family famous for real estate development.[3] She attended Saint Mary's College of Indiana, a Catholic women's college near the University of Notre Dame.[2]

Career

After graduation, she joined the family business, The DeBartolo Corporation, and became its executive vice president.[2] In 1994, following her father's death, she became company co-chairman[2] and all 78 DeBartolo malls were sold.

In 1978, Edward DeBartolo purchased the National Hockey League's Pittsburgh Penguins.[2] and established DeBartolo York as owner and president. She presided over the Penguins 1990–91 championship season,[2] and was the third woman to serve as President of a Stanley Cup winning team.[4] In 1991, the year following the championship, she sold the Penguins to assist the DeBartolo Corporation, which was facing challenges in the aftermath of the real estate collapse of 1987.

Denise became operating head of the 49ers in 1999 after her brother, Eddie Jr., was convicted of failing to tell authorities that former Louisiana governor Edwin Edwards attempted to extort him. Although Eddie could have resumed control of the 49ers after a year, he decided instead to turn his controlling stake in the team over to Denise in return for other portions of the family interests.[5] Despite a years-long perception that the league forced the transaction, Eddie revealed in a 2016 interview that he decided to give the 49ers to his sister and brother-in-law in order to focus on his family.[6] She and her husband have since given over control of the 49ers to their son, Jed York.

On May 24, 2018, the York family via 49ers Enterprises bought shares in English association football club Leeds United to become a minority investor, the 49's Enterprises is the business arm of the NFL side San Francisco 49ers.[7][8]

Personal life

She is married to retired American cancer research pathologist John York.[9] The Yorks have four children: sons Jed and Tony (deceased 2018), and daughters Jenna and Mara;[9] and live in the Canfield, Ohio suburb of Youngstown, Ohio

References
  1. "Forbes profile: Denise York & family". Forbes. Retrieved April 18, 2020.
  2. "Denise DeBartolo York". San Francisco 49ers. Archived from the original on September 27, 2007. Retrieved May 8, 2007.
  3. Nancy Gay (September 1, 2000). "The Family Business". San Francisco Chronicle. Retrieved May 8, 2007.
  4. "Stanley Cup Notebook". National Hockey League. Archived from the original on May 16, 2008. Retrieved May 8, 2007.
  5. Family approach leads Eddie DeBartolo to steps of Hall of Fame
  6. Holloway, Patrick (January 26, 2016). "Eddie DeBartolo speaks to Bay Area media". Niners Nation. Retrieved January 19, 2020.
  7. "San Francisco 49ers Enterprises Become Minority Investor". Leeds United Football Club. May 24, 2018. Archived from the original on May 24, 2018. Retrieved May 24, 2018.
  8. "Ownership structure - Leeds United". www.leedsunited.com. Retrieved June 4, 2018.
  9. San Francisco Gate: "The Family Business / 49ers owner talks of her brother, her privacy and her priorities" by Nancy Gay September 1, 2000
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.