Arte Moreno
- Net worth $4.7 billion
- Birthday August 14, 1946
- Status -
- Country United States
- Source(-s) of wealth Businessman
How much is Arte Moreno Worth? Arte Moreno Net Worth in 2026
Arte Moreno’s net worth is estimated at $4.7 billion as of November 2026. He bought the Los Angeles Angels from Disney in 2003 for about $180 million, and in September 2026 agreed to sell control to Stan Kroenke at a reported $4 billion valuation, 22 times the price. The billboard money that paid for the team is now the smaller part of his fortune.
| Net worth | $4.7 billion (our estimate, range $3.8 billion to $5.2 billion) |
|---|---|
| Born | August 14, 1946, Tucson, Arizona |
| Age | 80 |
| Country | United States |
| Known for | Building Outdoor Systems; owning the Los Angeles Angels since 2003 |
| Main income sources | Angels ownership, proceeds of the Outdoor Systems sale |
How much is Arte Moreno worth in 2026?
We estimate about $4.7 billion, in a range of $3.8 billion to $5.2 billion. The Angels row uses the valuation reported for the Kroenke deal, since no price was announced and the sale is not expected to close before early 2027. The billboard row starts from his share count in the 1999 merger documents; what became of that stock since is our assumption.
How we got to $4.7 billion
| Source | Our estimate | What it rests on |
|---|---|---|
| Los Angeles Angels | $4.0 billion | The valuation reported for Kroenke’s controlling-interest deal, announced September 1, 2026. We treat the club as essentially his: he bought it whole from Disney in 2003 and no partner stake has been disclosed. The deal was announced as a purchase from the Moreno family; we credit the club to him as its 2003 buyer. Our assumption. |
| Outdoor Systems money, invested | $0.74 billion | The 1999 merger papers show his family holding 14,228,447 shares plus options on 17,642,632, which at 1.25 Infinity shares each and $26 a share came to about $1.04 billion, plus $50 million of non-compete stock: $1.09 billion. We assume 60% survived option costs and tax ($0.65 billion), take out the $0.18 billion Angels price ($0.47 billion) and grow the rest at 2% a year for 23 years (times 1.58): $0.74 billion. |
| Total | $4.74 billion | Rounded to $4.7 billion. |
A billboard company that sold for stock
Moreno became president and chief executive of Outdoor Systems after a partnership with its owner, William Levine, and took it public in 1996, his biography says. In 1999 Infinity Broadcasting agreed to buy it, swapping 1.25 Infinity shares for each Outdoor Systems share. The merger proxy lists Moreno with 6,677,785 shares, another 3,429,396 held jointly with his wife Carole and 4,121,266 in his family partnership, BRN Properties, plus options on 17,642,632 more (1999 merger proxy).
The same document gave him 1,923,077 restricted Infinity shares for agreeing not to compete, worth about $50 million at Infinity’s $26.00 price on May 26, 1999. Add it up and his side of the deal was worth roughly $1.09 billion in Infinity stock before option costs and tax, our calculation.
The Angels: $180 million in, $4 billion valuation out
MLB approved his purchase of the Angels from The Walt Disney Company on May 15, 2003, at an agreed price of $180 million. On September 1, 2026, Kroenke Sports and Entertainment agreed to buy a controlling interest. Sources put the valuation at $4 billion, above the $3.9 billion record set by the Padres earlier in the year, and the deal is expected to close in the first quarter of 2027, subject to MLB approval, a report on the deal said.
A March 2026 franchise ranking had valued the Angels at $2.70 billion. The Kroenke price came in 48% higher six months later, our calculation, and the $4 billion is 22 times what Moreno paid.
What the sale could cost him in tax
The ledger counts the Angels at full value, but a sale would trigger tax. If he sold the whole club at $4 billion, the gain over his $180 million cost would be $3.82 billion; at the 23.8% top federal rate on long-term gains, that is about $0.91 billion, by our math, before any state tax. If he keeps part of the club, the bill will be smaller, and it lands only when the deal closes.
Why other estimates disagree
Public estimates run higher. Most take the reported Angels price at face value, as we do, and add more generous growth on the billboard money. Neither they nor our ledger deduct the tax a sale would bring.
What would move the figure
The closing of the Kroenke deal, expected in early 2027, will show the real price and how much he keeps. If the final terms come in below $4 billion, the first row falls with them.
Arte Moreno net worth FAQ
What is Arte Moreno’s net worth?
We estimate about $4.7 billion as of November 2026, in a range of $3.8 billion to $5.2 billion.
How much did Arte Moreno make from selling the Angels?
The deal is not closed. It reportedly values the club at $4 billion; Moreno paid $180 million in 2003.
How much did Arte Moreno make from Outdoor Systems?
His family’s shares and options converted into Infinity stock worth roughly $1.09 billion at the 1999 price, before option costs and tax.
Who is buying the Angels?
Stan Kroenke, through Kroenke Sports and Entertainment, agreed on September 1, 2026 to buy a controlling interest.
When did Arte Moreno buy the Angels?
MLB approved his purchase from Disney on May 15, 2003.
How old is Arte Moreno?
He was born on August 14, 1946, in Tucson, Arizona, so he is 80.
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How we estimate net worth
Our estimates are based on public reporting, company valuations, and deal and earnings figures all compiled in an internal valuation model. They are approximate, and figures change over time as new information emerges.
Last updated: November 2026.