Billionaire Profile
Mark Davis
Global Rank
#1549

Image: Public domain | via Wikimedia Commons

Mark Davis

CEO, Las Vegas Raiders
US
Real-Time Net Worth
$2.3B
As of December 2025
Age
70
Source
Las Vegas Raiders
Industry
sports
Citizenship
US

Biography

Mark Davis, the principal owner and managing general partner of the Las Vegas Raiders, has significantly impacted the NFL. Inheriting the team in 2011, Davis has overseen the Raiders' growth and the strategic relocation to Las Vegas. His net worth is estimated at $2.3 billion (as of October 2024), reflecting his savvy business acumen. Davis is known for his signature bowl haircut and simple lifestyle, driving a 1997 Dodge Caravan SE. He also owns the Las Vegas Aces of the WNBA and is a key figure in the sports industry.

Wealth Over Time

In-Depth Profile

Early Life

Mark Davis was born on May 18, 1955, in Brooklyn, New York, to Al and Carol Davis. He graduated from California State University, Chico.

Rise to Success

Mark Davis began his career within the Raiders organization, helping develop the Raider Image stores. He later took over as the principal owner and managing partner of the Las Vegas Raiders after his father, Al Davis, passed away in 2011. He and his mother, Carol, own 47% of the franchise but have full controlling interest. He was instrumental in the team's move to Las Vegas and the construction of Allegiant Stadium.

Key Business Strategies

Davis has focused on business matters, allowing his football operations staff to handle on-field decisions. He has made strategic business decisions, including moving the Raiders to Las Vegas, which has significantly increased the team's value. He also owns the Las Vegas Aces of the WNBA. He has been known to diversify the team’s ownership by selling stakes to high-profile investors.

Philanthropy

Mark Davis believes that philanthropy is a key component of responsible corporate citizenship, focusing on environmental issues, health and medical research, and women's economic empowerment causes.

Career Milestones

2011

Inherited Ownership of the Raiders

Took over as principal owner and managing general partner after his father's death.

2020

Relocation of the Raiders to Las Vegas

Oversaw the team's move to Las Vegas and the construction of Allegiant Stadium.

2021

Purchased the Las Vegas Aces

Acquired the WNBA team.

2024

Sold a 15% Stake of the Franchise

Agreed to sell a 15% stake to Egon Durban and Michael Meldman.

Philanthropy & Social Impact

Education

Uvalde Consolidated Independent School District

$1M

Donation to help fortify schools following the Robb Elementary School shooting.

Controversies & Challenges

2013

Firing of Public Relations Director

Fired the Raiders public relations director because of a Sports Illustrated article that was critical of Davis' father.