AEG (Anschutz Entertainment Group) is one of the world's largest privately held sports and entertainment companies, owned by Philip Anschutz. It owns the Kings, LA Galaxy, Crypto.com Arena, and operates AEG Presents concert promotion globally.

Who is the Owner of Los Angeles Kings?

Heena

9 months ago

Who is the Owner of Los Angeles Kings

Quick Facts: Los Angeles Kings

Owner	AEG (Anschutz Entertainment Group) / Philip Anschutz
CEO / Leader	Luc Robitaille (President)
Founded	1967, Los Angeles, California
Headquarters	El Segundo, California, USA
Ownership Type	Private (AEG is privately held)
Stock Ticker	N/A
Publicly Traded	No

Who Owns the Los Angeles Kings?

The Los Angeles Kings are owned by AEG, the Anschutz Entertainment Group, which is the entertainment and sports empire controlled by billionaire Philip Anschutz. AEG is one of the world’s largest sports and entertainment companies, owning or operating arenas, sports franchises, and live entertainment venues across the globe. Philip Anschutz, the Denver-based billionaire who founded AEG, holds 100% ownership of the company through private family holdings — making AEG one of the largest privately held entertainment companies in the United States.

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AEG acquired the Kings in 1995, becoming the anchor tenant and primary partner for Crypto.com Arena (then known as STAPLES Center), which opened in 1999. The Kings and AEG’s NBA franchise — the Los Angeles Lakers (a separate minority partner holds the Lakers) — became the marquee sports properties within AEG’s portfolio. Luc Robitaille, the Hockey Hall of Fame left wing who played many of his best years with the Kings, has served as the franchise’s President since 2007, bringing the perspective of a former player and beloved franchise figure to the executive role.

AEG is privately held with no publicly traded shares. The company’s portfolio extends far beyond the Kings — it includes the Crypto.com Arena, StubHub Center, and other venues; the LA Galaxy of MLS; concert promotion through AEG Presents; and venue management businesses across multiple continents. Philip Anschutz’s net worth is estimated by Forbes to be in the range of $10–12 billion, making him one of the wealthiest individuals in American sports business.

About Philip Anschutz and AEG

Philip Anschutz built his fortune through oil, railroads, and entertainment. After generating significant wealth in oil and gas exploration, he acquired the Southern Pacific Railroad in 1988 and later merged it with Union Pacific, generating further returns. He channeled these resources into telecommunications and entertainment, ultimately creating AEG as the vehicle for his sports and venue investments. AEG today is among the largest operators of sports and entertainment venues globally, with its reach extending to arenas in London, Berlin, Hong Kong, and beyond.

Anschutz is known for his intense privacy — he rarely gives interviews and maintains a low profile despite his enormous wealth and influence. His AEG empire has reshaped the live entertainment industry and his investment in downtown Los Angeles, particularly around what became Crypto.com Arena and the surrounding LA Live entertainment district, has been credited with helping revitalize a portion of the city’s urban core.

Key Ownership Highlights

The Los Angeles Kings are owned by AEG, the Anschutz Entertainment Group, which is 100% privately held by Philip Anschutz. AEG acquired the Kings in 1995 and co-developed Crypto.com Arena (opened 1999), making the Kings the anchor tenant of one of North America’s premier sports and entertainment venues.
Luc Robitaille, Hockey Hall of Famer and a Kings legend, has served as President of the franchise since 2007. His tenure has coincided with the team’s two Stanley Cup championships and its transformation into one of the Western Conference’s consistently competitive franchises.
The Los Angeles Kings won the Stanley Cup in 2012 and 2014, back-to-back championships that brought Los Angeles into the elite of hockey’s championship landscape. The 2012 run was particularly remarkable — the Kings became the first eight-seed in NHL playoff history to win the Stanley Cup, defeating three division champions along the way.
AEG’s portfolio extends well beyond the Kings. The company owns the LA Galaxy (MLS), operates Crypto.com Arena, manages AEG Presents (one of the world’s largest concert promoters), and holds venue and entertainment assets across North America, Europe, and Asia. Philip Anschutz’s net worth is estimated at $10–12 billion.
The Kings were founded in 1967 as part of the NHL’s first major expansion wave. The team’s most transformative moment came in 1988 when Wayne Gretzky was traded from the Edmonton Oilers — a deal that instantly elevated hockey’s profile in Southern California and is credited with helping bring the sport to major Western U.S. markets.

Frequently Asked Questions

Who owns the Los Angeles Kings?

The Los Angeles Kings are owned by AEG (Anschutz Entertainment Group), the sports and entertainment empire controlled by billionaire Philip Anschutz. AEG is 100% privately held. Luc Robitaille serves as the franchise’s President.

Are the Los Angeles Kings publicly traded?

No. The Kings are owned by AEG, which is a privately held company. Philip Anschutz holds full ownership of AEG through his private family holdings. No shares are publicly traded.

When did the Kings win the Stanley Cup?

The Los Angeles Kings won the Stanley Cup in 2012 and 2014. The 2012 championship was historic — the Kings entered the playoffs as the eighth seed and won, becoming the first eighth seed in NHL history to claim the Cup, defeating the New Jersey Devils in six games.

What is AEG?

AEG (Anschutz Entertainment Group) is one of the world’s largest sports and entertainment companies, privately owned by Philip Anschutz. AEG owns and operates arenas, sports franchises, and entertainment venues globally, including Crypto.com Arena, the LA Galaxy, and AEG Presents, one of the world’s largest concert promotion companies.