Henry Samueli, owner of your Anaheim Ducks

Talk about timing: according to the National Post, Henry Samueli bought the Anaheim Ducks for $70 million, when Disney unloaded the team in the NHL lockout fire sale. The franchise is now worth $157 million, according to Forbes. The National Post profiled Samueli, the former UC Irvine UCLA prof and now chair of Broadcom, as the Ducks prepared for Game 2 of the Stanley Cup Finals. Here's the lede, written by Bert Hill:

"He bought the NHL team for a song because nobody else wanted it. He picked hockey-savvy people to run the team and stayed out of their way. He is fabulously wealthy, building a company from scratch and taking it public in a brilliantly timed move that made him a billionaire. He lives in vast estate overlooking the ocean. He spreads his fortune generously on well-publicized causes.

But he is also famously combative, building a company where lawyers are almost as important as the experts who make the products. He is frequently in court, fighting competitors and regulators with vigour. He has also gotten his name into print for investigations probing past practices of his company."


May 30, 2007 3:26 PM • Native Intelligence • Email the editor
 

© 2003-2014   •  About LA Observed  •  Contact the editor
LA Biz Observed
2:07 PM Sat | The funeral for Mark Lacter will be held Sunday, Nov. 24 at 12 noon at Hillside Memorial Park, 6001 W. Centinela Avenue, Los Angeles 90045. Reception to follow.
Business Guides for Companies – Effective business articles that will improve your business.
Online Tutoring Software

Online Tutoring Software

If you’re looking for an online tutoring software, there are a few different options to choose from. These include Zoom,Workee, TutorBird, and TutorCruncher. These programs can all help you manage … Read More

Management Essay

Management Essay

Management essays help educators evaluate students’ learning abilities and see how they apply knowledge from the curriculum to solve management problems in real-life scenarios. To complete this task, you must … Read More

Jenny Burman
Before I lived in Echo Park, there was a tiny 1920s bungalow-cottage-standalone house on N. Occidental in Silver Lake. I...
Here in Malibu
I don't know why it's taking me so long to choose the new platform for this blog. Well, that's not...