The Golden State Warriors are a professional basketball team in the National Basketball Association (NBA), based in San Francisco, California, United States. They compete in the Pacific Division of the Western Conference.
Their home arena is the Chase Center, located in San Francisco, which opened in 2019 and is privately financed under the stewardship of their ownership group.
Since the 2010s, the Warriors have become one of the most successful franchises in the league, winning multiple NBA championships and becoming one of the highest-valued sports teams globally.
Ownership Status of Golden State Warriors
The Golden State Warriors are not owned by a single individual in absolute terms; instead, they are controlled by a consortium / ownership group. The two most prominent figures in that group are Joe Lacob and Peter Guber.
Principal Owners
- Joe Lacob: He is the managing member of the Warriors’ ownership group, and serves as co-Executive Chairman & CEO of the franchise.
- In 2010, Lacob led a group that purchased the Warriors for approximately USD 450 million.
- He is deeply involved in the day-to-day operations and decision-making of the franchise.
- Peter Guber: He is the co-Executive Chairman and also a key partner in the ownership group.
- Guber brings experience from the entertainment and media world; his involvement helps shape the off-court and venue/experience side of the organization.
Other minority investors also hold stakes in the franchise, but Lacob and Guber are the driving forces.
Key Shareholder Highlights
| Shareholder / Entity | Role / Influence | Notes |
|---|---|---|
| Joe Lacob | Managing member, majority controlling figure | He leads the group, drives operations, and has been the public face of Warriors’ ownership. |
| Peter Guber | Co-Executive Chairman | Contributes in strategic, branding, and business/venue operations. |
| Minority Investors (various) | Smaller equity holders | Though less visible, they help back the capital structure and share in financial upside. |
Because the Warriors are privately held (i.e. not a publicly traded company), ownership percentages are not as transparent as with public corporations.
About Joe Lacob
Joseph “Joe” Steven Lacob (born January 10, 1956) is an American business executive, venture capitalist, and the principal owner and co-Executive Chairman & CEO of the Golden State Warriors. Before acquiring the Warriors in 2010, Lacob had been a partner at the prominent venture capital firm Kleiner Perkins since 1987, where he led investments in life sciences, medical technology, internet, and energy ventures. His academic credentials include a bachelor’s degree in biological sciences from UC Irvine, a master’s in public health (epidemiology) from UCLA, and an MBA from Stanford. Since taking over the Warriors, he’s been known for combining analytics, aggressive investments in team and infrastructure, and a long-term vision to elevate the franchise’s league standing and market value.
Joe Lacob Net Worth
Estimating the net worth of a sports franchise owner is tricky, because much of it ties up in team equity and other less liquid assets. Earlier reports put Lacob’s net worth around USD 1.5 billion as of 2022 (per Wikipedia citing older Forbes data). However, more recent estimates have increased that figure substantially. As of mid-2025, Forbes places his net worth at USD 2.3 billion. Another source (Bolavip) estimated about USD 2.1 billion in early 2025. There is variation across sources — but the consensus is that his wealth has grown significantly, largely driven by the dramatic appreciation in value of the Golden State Warriors, along with his holdings in venture capital and other investments.
Recent Developments in Ownership / Influence
- The valuation of the Warriors franchise has soared since the purchase. In recent years, it is among the most valuable sports franchises in the world.
- The Warriors, under the ownership’s direction, developed and financed the Chase Center, a state-of-the-art arena in San Francisco, which gives them control over venue revenue streams.
- The ownership group has been active in team matters—for instance, owner Joe Lacob has publicly engaged in contract negotiations and team-building decisions (e.g. around player Jonathan Kuminga)
- On the family front, Joe Lacob’s children have held roles within the Warriors’ organization. For example, Kent Lacob was vice president of basketball development, though he recently departed from that role.
FAQs
1. Who is the current owner of the Golden State Warriors?
The Warriors are owned by an investment group led by Joe Lacob, who is the managing member and co-Executive Chairman & CEO. Peter Guber is the co-Executive Chairman and significant partner in the ownership.
2. Is the team publicly traded or privately held?
The Warriors are privately held — they do not issue public shares like a corporation, so ownership is concentrated among a group of investors.
3. When did Lacob and Guber acquire the Warriors?
They acquired the team in July 2010 for about USD 450 million, purchasing it from the prior owner, Chris Cohan.
4. Has the ownership changed recently?
There has been no wholesale change in ownership since 2010. However, the value, influence, and operational control of the ownership group have grown significantly. Lacob has increased his prominence as the public face of the franchise.
Golden State Warriors Official Site
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