Billionaire Profile
Edward DeBartolo Jr
Global Rank
#1034

Image: Public domain | via Wikimedia Commons

Edward DeBartolo Jr

CEO, DeBartolo Holdings
US
Real-Time Net Worth
$3.8B
As of December 2025
Age
79
Source
Shopping centers
Industry
real-estate
Citizenship
US

Biography

Edward J. DeBartolo Jr. is an American businessman, real estate investor, and developer, most notably recognized for his 23-year ownership of the San Francisco 49ers. During his ownership, the 49ers won five Super Bowls, a record for a single owner. His wealth source stems primarily from shopping centers, following in the footsteps of his father, Edward J. DeBartolo Sr., who founded the Edward J. DeBartolo Corporation. He has been inducted into the Pro Football Hall of Fame as a contributor. DeBartolo's career includes significant achievements in the real estate sector, where he directed a merger with Simon Property Group. His estimated net worth is $3.8 Billion.

Wealth Over Time

In-Depth Profile

Early Life

Edward John DeBartolo Jr. was born on November 6, 1946, in Youngstown, Ohio. He is the son of Edward J. DeBartolo Sr., a real estate developer. He attended Cardinal Mooney High School and later the University of Notre Dame, graduating with a degree.

Rise to Success

DeBartolo began his career in the real estate industry, developing shopping malls as part of a corporation founded by his father. The Edward J. DeBartolo Corporation grew to become one of the largest public real estate businesses in the United States. In 1977, he purchased the San Francisco 49ers, which marked a significant shift in his career.

Key Business Strategies

DeBartolo's success was built on several key strategies. In the real estate sector, he expanded the family business, and directed its merger with Simon Property Group. In the sports world, DeBartolo focused on building a winning team by hiring Bill Walsh as the coach and bringing in talented players. This strategy led to the 49ers' unprecedented success in the 1980s and 1990s. He also focused on creating a strong team culture.

Philanthropy

DeBartolo has been involved in philanthropic efforts throughout his career. He co-founded the Brooks-DeBartolo Collegiate High School in Tampa, Florida. The DeBartolo Family Foundation supports local communities through scholarships, school supplies, and grants. He has also served on the boards of non-profit organizations, including the Moffitt Cancer Center.

Career Milestones

1977

Purchased the San Francisco 49ers

Began his ownership of the San Francisco 49ers.

1996

Directed the merger with Simon Property Group

Directed the merger of the Edward J. DeBartolo Corporation with Simon Property Group.

2000

Transferred ownership of the 49ers

Transferred ownership of the San Francisco 49ers to his sister, Denise York.

2016

Inducted into Pro Football Hall of Fame

Inducted into the Pro Football Hall of Fame as a contributor.

Philanthropy & Social Impact

Education and Community Support

DeBartolo Family Foundation

$XB

Supports local communities through scholarships, school supplies, and grants.

Education

Brooks-DeBartolo Collegiate High School

Undisclosed

Co-founded the school.

Sports and Community Support

Golden Heart Fund

$1M

Pledged to support the Golden Heart Fund to assist former 49ers players.

Controversies & Challenges

1992

Sexual Assault Allegation

Accused of sexual assault by a cocktail waitress; settled out of court.

1998

Corruption Case

Pled guilty to failing to report a felony, and received a fine and probation, and the case involved a $400,000 payment to the former Louisiana governor for a riverboat casino license.