Who Owns the Kansas City Chiefs And How'd They Earn Their Fortune?

By on February 1, 2020 in ArticlesSports News

Super Bowl LIV is nearly here. We've talked about the battle at quarterback between Patrick Mahomes and Jimmy Garoppolo. We've looked at Andy Reid and Kyle Shanahan, two coaches looking for their first Super Bowl. And we explored how the York family made their fortune en route to owning the San Francisco 49ers. All that's left? Looking at Kansas City Chiefs owner Clark Hunt – how did he make his fortune?

The Chiefs have been in the Hunt family since the team began. Back then, they played in the AFL. Oil tycoon H.L. Hunt, Clark's grandfather, turned the family business into an empire. A gambler, H.L. reportedly turned his last $100 into $100,000 in winnings. He then used those winnings to purchase properties, eventually leading to the discovery of the East Texas Oil Field, one of the world's largest oil deposits.

H.L.'s son Lamar (Clark's dad) was one of the co-founders of the American Football League – he's also the person behind the "Super Bowl" name. The AFC Championship trophy is named after Lamar Hunt, so Clark just won an award in honor of his father.

Lamar founded the Dallas Texans in 1960. Within three years, he had moved to Kansas City and renamed the team the Chiefs.

David Eulitt/Getty Images

Lamar also created Major League Soccer, as well as the North American Soccer League. Additionally, he co-founded World Championship Tennis. Lamar died in 2006, and Clark has been in charge of the Chiefs ever since. 

Clark Hunt was born on February 19, 1965, in Dallas. He graduated from Southern Methodist University in 1987 at the top of his class in business school. Upon graduating, he worked as an investment banker at Goldman Sachs. After just two years, he moved back to Dallas to work for his dad. A year before Lamar's death, he granted control of the Hunt Sports Group to Clark, who had recently turned 40 years old.

In addition to the Chiefs, the Hunt Sports Group owns FC Dallas. They previously had a stake in the Chicago Bulls and Columbus Crew. The family's sports empire is worth more than $3 billion, with Clark's personal net worth sitting at about $2 billion.

You probably know someone that has a hard time separating their work and home lives. Clark and his wife Tavia embody that – the couple and their three children have a six-bedroom apartment atop the owner's box at Arrowhead Stadium. They also own a home in Dallas.

The last time the Chiefs won the Super Bowl, Clark was just four years old. They haven't been back to the big game until this year. Now, the 54-year-old will have a chance to lift the Lombardi Trophy on his own. Trophies are pretty heavy for four-year-olds, after all.

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