Casey Wasserman Net Worth: Is He 45?

Casey Wasserman Net Worth: Is He 45? In Casey Wasserman’s case American entertainment and sports agent executive and former owner of the Los Angeles Avengers Arena League football franchise. Casey Wasserman is worth $400 million dollars, according to the latest estimates.

Born in Los Angeles in 1974, Casey Wasserman is a Grammy Award-winning musician. Jack Myers is the father, and Lynne Wasserman is the mother, of this handsome young man. In honor of his famed agency grandfather Lew Wasserman, Casey Wasserman adopted his mother’s maiden name when his parents split.

UCLA awarded Casey Wasserman a Bachelor of Arts in Political Science degree. His greatest teacher, he claims, was his grandfather, MCA chief Lew Wasserman. From the time Casey was a youngster until the elder Wasserman’s death in 2002, the two would eat breakfast together every Saturday and Sunday.

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As the youngest individual to own a professional sports team, Casey bought the Los Angeles Avengers of the Arena Football League (AFL) for $5 million in 1998. Casey Wasserman founded the Wasserman Media Group, a sports marketing, and talent management firm, in the same year and continues to serve as its chief executive officer to this day. At the same time, he serves as CEO of the Wasserman Foundation, a non-profit organization that he co-founded with his wife Edie Wasserman in 1952.

Casey Wasserman

Net Worth: $400 Million
Date of Birth: 1974
Gender: Male
Profession: Businessperson
Nationality: United States of America

Casey Wasserman’s Early life

Casey Wasserman was born on July 7th, 1974 in Los Angeles, California. His parents are Los Angeles socialite Lynne Wasserman and philanthropist Jack Myers. This is why he was obliged to go by the name of his mother, who divorced him as a child. It was later stated that Lew Wasserman was the most important person in his life and that he learned the most from him.

Before his death in 2002, Casey talked about how they ate breakfast together almost every day till then. It was at this period that Casey gained a vast amount of knowledge that has served him well throughout his life.

Casey went to the University of California, Los Angeles, to study political science. Investment banking was his first job out of college.

Casey Wasserman’s Career

Casey became an investment banker after college in 1995. In 1998, Casey spent $5 million on the AFL’s Los Angeles Avengers (AFL). As league chairman, he negotiated TV rights with NBC. Wasserman secured a CBA with the LA Avengers, but the team left the AFL in 2009.

Casey Wasserman founded Wasserman Media Group the same year he bought the franchise. WMG bought Envision and The Familie in 2002. They renamed 411 Productions Studio 411 two years later. Studio 411 is responsible for fundraising, sponsoring, and donating. Skateboarding, BMX, and freestyle motocross athletes were unsuccessful.

Wasserman Media Group’s 2006 acquisition of Arn Tellem’s sports agency attracted several agents. WMG signed Tim Howard, Jamie Carragher, Michael Owen, and Steven Gerrard when they owned SFX. In 2007, the company bought OnSport and four years later, Reel Enterprises. Next year, SFX Golf was bought. These efforts grew Casey’s wealth.

Casey Wasserman is CEO of his grandfather’s 1952 nonprofit foundation. He’s on two of the MPTF’s three boards. Wasserman co-chaired a Hillary Clinton fundraiser the following year, urging Los Angeles to bid for the 2024 Olympics.

Casey Wasserman’s Career
Casey Wasserman’s Career

Casey Wasserman’s Real Estate

Casey put his Beverly Hills mansion on the market in October 2018 for $125 million. On a triple lot, he erected the 18,000-square-foot house. His grandfather owned two of the parcels. Frank Sinatra’s estate purchased the third lot. Casey demolished all three structures on the land and built a single mega-mansion. Located on three acres, the mansion features an 85-foot infinity pool as well as parking for up to 30 vehicles. David Geffen, the music billionaire, purchased the mansion in June 2020 for $68 million.

Earlier this year, Casey paid a reported $23 million for a brand-new Beverly Hills mansion.

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