Glen Taylor

About Glen Taylor

Birth Day: April 20, 1941
Birth Place: Mankato, Minnesota, United States
Birth Sign: Taurus
Preceded by: James E. Ulland
Succeeded by: Duane Benson
Political party: Republican
Spouse(s): Becky Mulvihill
Children: Jean, Terri, Taylor Moor, Jeff, and Kendahl
Residence: Mankato, Minnesota, United States
Alma mater: Minnesota State University Harvard Business School
Occupation: Businessman and Entrepreneur Owner, Minnesota Timberwolves, Minnesota Lynx and Iowa Wolves

Glen Taylor


Service

Glen Taylor is a member of Service born on April 20, 1941 in Mankato, Minnesota, United States. At age 77 Glen Taylor net worth is approximately $2.65 Billion. Glen Taylor bought a wedding service business for $2 million in 1975 and turned it into Taylor Corp., a printing firm with $2.2 billion in sales.

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💰 Net worth: $2.65 Billion

2009 $2.2 Billion
2010 $2.2 Billion
2011 $1.8 Billion
2012 $1.7 Billion
2013 $1.7 Billion
2014 $1.7 Billion
2015 $1.9 Billion
2016 $1.9 Billion
2017 $1.9 Billion
2018 $2.65 Billion

Famous Quotes:

I like the garden and the farm stuff because I'm by myself, and it's the opposite of what I do all day long: sit in meetings, solve problems, listen to people, hear complaints and deal with bad things. That's my job.

Biography/Timeline

1959

Taylor was born in Springfield, Minnesota, and grew up on a farm in Comfrey, Minnesota. He graduated from Comfrey High School in 1959, and received a bachelor of science in mathematics, physics and social studies from Minnesota State University, Mankato, in 1962. In 1978 he received an executive MBA from Harvard Business School.

1975

During and after college, he worked at Carlson Wedding Service (later Carlson Craft), a Mankato print shop specializing in formal invitations. In 1975, company owner Bill Carlson wanted to retire, and Taylor offered to pay $2 million over the course of 10 years for the company.

1981

Taylor was a Republican Minnesota State Senator from 1981 to 1990, serving as assistant minority leader from 1983 to 1985 and Minority Leader from 1985 to 1988.

1994

Taylor purchased majority ownership of the Minnesota Timberwolves NBA basketball team in 1994 and purchased the Minnesota Lynx WNBA basketball team in 1999. Taylor was in talks to buy the Minnesota Twins but nothing came of it.

2000

In 2000, he was banned for nearly a year for signing Joe Smith to a secret contract in violation of the league's salary cap rules. Before Donald Sterling, Glen Taylor was the only NBA owner to be suspended for more than a couple of games.

2005

In 2005, he was rumored to be a possible buyer for the Minnesota Vikings, but was outbid by Zygi Wilf.

2008

He is a past chairman of the board of governors for the NBA serving two terms. (2008-2012),(2014-2017)

2014

In 2014, he purchased the Star Tribune for about $100 million.

2015

In 2015, his net worth was reported by Forbes to be $1.86 billion.

2017

In 2017, Taylor purchased the Iowa Energy of the NBA Development League (later called NBA G League) and renamed the team the Iowa Wolves as the developmental affiliate of the Timberwolves.

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