Arturo Moreno Net Worth
Arturo Moreno Net Worth: Arturo Moreno is an American businessman who has a net worth of $1.3 billion. He is best known for being the first Mexican-American to own a major American sports team when he took over the baseball team the Anaheim Angels from the Walt Disney Company in 2003. Nowadays, Moreno and his Los Angeles Angels have had pure luck. The team got a substantial lift from a $2.5 billion local television deal (over 17 years), while still being conspicuously absent from the playoffs. Moreno has literally tried everything since he acquired the Anaheim Angels, including a name change meant to bring in greater crowds. A Vietnam veteran, he made his initial fortune by taking billboard advertising company Outdoor Systems public in 1996 and then three years later sold it to Infinity Broadcasting for $8.7 billion in stock.