Does Jerry Reinsdorf live in Chicago?

Jerry Reinsdorf is a remarkable American billionaire businessman best known as the owner of the NBA’s Chicago Bulls and MLB’s Chicago White Sox.

Jerry Michael Reinsdorf was born on February 25, 1936, in New York, New York, United States into a Jewish family. His father had worked as a sewing machine salesman. He schooled at Erasmus Hall High School in Brooklyn.

Jerry Reinsdorf went on to receive a bachelor’s degree from George Washington University in Washington, D.C. He later moved to Chicago in 1957 and then became a CPA and lawyer as well as a registered mortgage underwriter and a certified review appraiser.

Jerry Reinsdorf began his professional career as a tax attorney with the Internal Revenue Service. He made his initial fortune in real estate after he resorted to taking advantage of the Frank Lyon Co. v. United States decision by the United States Supreme Court.

Jerry Reinsdorf has been the owner of the White Sox and Bulls for over 35 years. He is still considered one of the most influential basketball owners. He has been elected to the Naismith Memorial Basketball Hall of Fame as a contributor on April 4, 2016.

Jerry Reinsdorf is the father of Michael Andrew Reinsdorf, David Reinsdorf (deceased), Susan Janeen Reinsdorf and Jonathan Milton Reinsdorf. He has a net worth estimated at US$1.8 billion as of March 2022.