The net worth of Terry Emmert has been estimated at $200 million
Biography of Terry Emmert
Terry W. Emmert, a businessman from Clackamas, Oregon, is well-known for bringing an American Football franchise to Portland. He was the owner of the Portland Thunder, part of the Arena Football League from 2013 to 2015, and owner of the Portland Chinooks, a basketball team that competed in the International Basketball League from 2004 to 2014. He is also the founder and owner of the engineering and transport service company – Emmert International. His exact birth date is undisclosed to the media.
As of mid-2017, Terry Emmert’s net worth is estimated to be $200 million, earned through his successful business career spanning from the ’60s.
Terry Emmert’s Wealth of $200 Million
Little is known about Terry’s early life and upbringing. He graduated from Central Catholic High School in 1962.
Soon after, Terry established Emmert International. During the rapid urban expansion of the ’60s, Terry began purchasing homes intended for commercial development, relocating them to undeveloped properties he had acquired. His company’s growth escalated when he invented a revolutionary dolly and jacking system. From a small company for house building and relocation, his firm evolved into one of the largest in the heavy haul industry. Emmert International has undertaken various notable projects, including Howard Hughes’ Spruce Goose Airplane, the 3.2 million-pound brick Fairmount Hotel, The Hubble Telescope, and numerous others. Presently, Emmert International is a part of the Emmert Industrial Corporation.
From his teenage years, Terry has been an avid sports fan and pursued his interest in bringing minor league basketball to Portland by acquiring the Portland Chinooks. He also endeavored, alongside Clyde Drexler, to buy the WNBA franchise Portland Fire, which proved unsuccessful due to disagreements with the WNBA and Paul Allen, the team’s chairman.
In 2013, he acquired the folded football team Milwaukee Mustangs and relocated it to Portland, naming them the Portland Thunder. The team debuted in the Arena Football League the following year, reaching the play-offs in both years of its existence. In 2016, the league initiated talks with Emmert to take over the Portland Thunder. The operation was completed later that year, resulting in the team’s dissolution, though he retained trademarks for logos, name, and jersey colors. The league subsequently created a new franchise, the Portland Steel, which also folded.
Terry still owns the Portland Thunder name and has the freedom to take his team to another league, including the Indoor Football League, but his future actions remain uncertain.
Regarding his personal life, Terry has a son and a daughter, but details of the relationship(s) that produced them are unknown.
Full Name | Terry Emmert |
Net Worth | $200 Million |
Date Of Birth | 1944 |
Place Of Birth | Clackamas, Oregon |
Profession | Businessman |
Education | Central Catholic High School |
Nationality | American |
Children | Christine Vessey, Terry Michael Emmert |
IMDB |
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