Learn about Washington Redskins owner Dan Snyder, including how he made his wealth, his education and more.

July 17, 2018

DAN SNYDER | OWNER | AGE: 53

Education: Enrolled, but never graduated from the University of Maryland.

How They Acquired the Franchise: Purchased the team from the estate of late team owner Jack Kent Cooke for $800 million in 1999, a then-record price for a U.S. sports franchise.

Net Worth: $2.3 billion (per Forbes in 2018)

Franchise Valuation: $3.1 billion (per Forbes in 2017)

How They Made Their Money: He started Snyder Communications, a marketing company, in 1989. In 1996, at the age of 32, he became the youngest-ever CEO of a New York Stock Exchange-listed company.

In the Owner’s Words: “I have found that what drives me is the desire to prove, to myself and to my peers, that I can do what I set out to do and build something that matters,” Snyder told Fast Company in 1997. “I’ve done that by recruiting smart people—many from traditional corporate environments—and giving them a dose of entrepreneurial spirit.

“You achieve long-term success step by step. Try to achieve your goals one at a time, like you do target practice. I look at each day as a chance to move one notch above yesterday—whether it’s in service quality, delivery, speed, or any other aspect of the business. I don’t measure my “success” every day. I measure how much we have left to do.

“In that sense, business success is just a form of persistence.”

Political Donations: Snyder has made donations to candidates on both sides of the aisle, but the majority of his spending has been to Republican candidates, including $1 million to Donald Trump’s inaugural committee and $112K in 2015-16 to Right to Rise, a super PAC created to support Jeb Bush.

NFL Committees: Stadium Committee; Media Committee; Digital Media Committee; International Committee; Business Ventures Committee; Hall of Fame Committee.

• Click here to read The MMQB’s Complete NFL Owner’s Guide

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