Art Rooney Sr. launched what turned out to be a can't-lose startup in 1933, the Pittsburgh Steelers. The Rooneys have held onto their team for decades and have gotten wildly rich as NFL values have skyrocketed across the league. Today the Steelers are worth $1.35 billion. Art's son Dan Rooney is the chairman, and grandson Art Rooney II is president. Two of Dan's siblings, Tim and Pat, reportedly both sold their 16% stakes in the Steelers in 2009, when the team was worth $1.02 billion. Tim now runs Empire City Casino, a gambling hall and racetrack just north of New York City that brings in $540... Read More
Art Rooney Sr. launched what turned out to be a can't-lose startup in 1933, the Pittsburgh Steelers. The Rooneys have held onto their team for decades and have gotten wildly rich as NFL values have skyrocketed across the league. Today the Steelers are worth $1.35 billion. Art's son Dan Rooney is the chairman, and grandson Art Rooney II is president. Two of Dan's siblings, Tim and Pat, reportedly both sold their 16% stakes in the Steelers in 2009, when the team was worth $1.02 billion. Tim now runs Empire City Casino, a gambling hall and racetrack just north of New York City that brings in $540 million of revenue a year. Read Less
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