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2 months ago
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ARTICLE AD BOX
The NFL has approved a landmark deal that sees billionaire Julia Koch acquire a 10% stake in the New York Giants, valuing the team at an unprecedented $10.3 billion. This marks the highest valuation ever for an NFL team in a minority stake sale.
“The New York Giants are proud to announce today an investment in the club by Julia Koch and her family. The family has acquired a minority, non-controlling interest in the Giants, one which will further support the growth of the organization, deepen its community impact, and embrace future opportunities,” the Giants stated in a release.
Who is Julia Koch?
Julia Koch, widow of billionaire industrialist David Koch, is one of the world’s wealthiest women, with a net worth estimated at over $60 billion, according to Forbes. She serves on the boards of Koch, Inc., Memorial Sloan Kettering Cancer Center and the Metropolitan Museum of Art.
Koch and her children, David Jr., Mary Julia and John, are based in New York City. In 2023, they together founded the Julia Koch Family Foundation. In 2024, the family invested in BSE Global, the parent company of the Brooklyn Nets, New York Liberty and the Barclays Center.
Her acquisition of a limited partnership stake in the New York Giants, a team co-owned by the Mara and Tisch families, positions Koch as a significant player in the NFL’s evolving ownership landscape, where high-profile investors are increasingly drawn to the league’s financial stability and growth potential.
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English (US) ·