Jerry Richardson Net Worth at Death
At the time of his death in 2023, Jerry Richardson, a versatile businessman and former owner of the NFL team Carolina Panthers, was reported to have a net worth of $2 billion.
Richardson’s wealth was a result of his entrepreneurial spirit and successful business ventures. Throughout his career, he demonstrated an aptitude for leadership and an ability to navigate diverse fields, including food services, real estate, and sports management.
Richardson’s primary source of income came from his role as a businessman and NFL team owner. He was instrumental in bringing professional football to the Carolinas and was the driving force behind the creation and success of the Carolina Panthers.
In addition to his work in the sports industry, Richardson also founded the fast-food chain Hardee’s, which he eventually sold for a significant profit. His real estate ventures were also successful, with notable investments including the development of a luxury hotel in Charlotte.
Overall, Richardson’s impressive net worth was a testament to his dedication and hard work in a variety of fields. His legacy continues to inspire future entrepreneurs and business leaders to strive for excellence and versatility in their careers.
Jerry Richardson Obituary
Jerome Johnson Richardson Sr., widely known as Jerry Richardson, was a prominent American businessman, former football player, and owner of the Carolina Panthers in the National Football League (NFL).
Born in Spring Hope, North Carolina, Richardson completed his high school education in Fayetteville before attending Wofford College in Spartanburg, South Carolina.
During his time at Wofford, he played football and was an Associated Press Little All-America selection in 1957 and 1958. Richardson still holds Wofford’s single-game record with 241 receiving yards against Newberry in 1956, and he is also the record holder for touchdown receptions in a season (9 in 1958) and in a career (21).
Richardson was drafted by the Baltimore Colts in the 13th round and played two seasons in the NFL, earning Colt Rookie of the Year honors in 1959.
After his football career, Richardson used his bonus from the 1959 NFL championship and partnered with a friend to open the first Hardee’s franchise in Spartanburg, which they later owned 50/50.
From there, he co-founded Spartan Foods, which became the first franchisee of Hardee’s. Richardson later became CEO of Flagstar, a company that controlled 2,500 restaurants and provided jobs for 100,000 employees, making it the sixth largest food service company in the United States. Richardson retired from Flagstar in 1995.
Richardson was awarded the NFL’s 29th franchise, the Carolina Panthers, in 1993, becoming the first former NFL player to become an owner since George Halas.
The Panthers were created to represent not only Charlotte and North Carolina but the entire region. Richardson was known for being one of the most powerful NFL owners, alongside Jerry Jones of the Dallas Cowboys and Robert Kraft of the New England Patriots. He played a crucial role in locking out the NFL players in 2011 and negotiating a new players agreement.
Throughout his tenure as owner of the Carolina Panthers, Richardson maintained a low profile and rarely interfered in the team’s day-to-day operations.
In 2014, he refused to re-sign player Greg Hardy in the wake of domestic violence events, citing his belief in doing “the right things.” Richardson had intended for his sons, Mark and Jon, to inherit the team, but both abruptly resigned before the 2009 season, reportedly at Richardson’s behest.
Jon died of cancer in 2013. In 2018, Richardson sold the Panthers, making him one of only two NFL owners to have owned their respective teams for their entire history.
The Panthers reached Super Bowl 50 during the 2015 season, where they lost to the Denver Broncos by a score of 24-10.
Richardson was known for being a champion of diversity, with African-American Cam Newton as starting quarterback, Hispanic Ron Rivera as head coach, and former Carolina Topcats cheerleader Tina Becker as chief operating officer.
Richardson had a net worth of $2 billion at the time of his death on March 1, 2023. He had accumulated his wealth through his successful career as a businessman and NFL team owner, showing versatility and dedication to each field he had worked in.
His legacy as the founder and former owner of the Carolina Panthers will be remembered as a significant contribution to the NFL and to the state of North Carolina.
Jerry Richardson Wife and Kids
Jerry Richardson, an American businessman, football player, and former owner of the Carolina Panthers, passed away on March 1, 2023.
He is survived by his beloved wife, Rosalind Sallenger Richardson, and their three children – Ashley, Jon, and Mark. Rosalind, born in Florence, South Carolina, was a constant source of support for Jerry throughout his life.
The couple had been married for over 60 years, and their relationship was known to be one of deep affection and mutual respect.
Ashley, Jon, and Mark were a constant source of pride and joy for Jerry, and he often spoke of how grateful he was to have such wonderful children. Jon tragically passed away in 2013 after a battle with cancer.
Despite the immense loss, Jerry and Rosalind continued to cherish their memories of Jon and remained committed to honoring his legacy.
Ashley and Mark have both made significant contributions to the family’s businesses and philanthropic efforts. They have also been active in supporting the Carolina Panthers and its community outreach programs.