Virginia McCaskeys Impressive Net Worth
Virginia Halas McCaskey boasts a staggering net worth of
$1.3 Billion
Virginia Halas McCaskey: A Brief Biography
Born on 5th January 1923 in Chicago, Illinois, Virginia Halas McCaskey is the daughter of George Halas, the renowned founder, owner, and coach of the Chicago Bears in the NFL. She has made a name for herself as an entrepreneur and business executive, predominantly recognized as the present principal owner of the Bears.
As of early 2017, Virginia McCaskey has amassed a substantial wealth exceeding $1.3 billion, largely stemming from her involvement with the Chicago Bears franchise.
Virginia McCaskey’s Net Worth: $1.3 billion
Growing up in Chicago alongside her younger brother, she pursued her education at Drexel University in Philadelphia, graduating in 1943.
Her father, known as the illustrious ‘Papa Bear’, acquired the Chicago Bears in 1920 for $100. He was a pioneering figure in the American Professional Football Association, later renamed the National Football League, and transformed the Bears into one of the most celebrated sports franchises. During his 40-season coaching tenure, the team secured six championships, and he set an NFL record for coaching victories with 324. While he stepped down from coaching in 1967, he remained active in the organization until his passing in 1983.
After her brother George Jr., who was slated to inherit the team, passed away in 1979, Virginia assumed ownership of the Bears, becoming the principal owner and corporate secretary. This significantly augmented her net worth.
Succeeding her assumption of ownership duties, she maintained a relatively low profile and avoided the public eye. Her husband, Ed, served as the team’s vice-president, chairman of the board, and treasurer, while their son Michael held the position of president. By adopting a hands-off approach, McCaskey entrusted key individuals to handle their roles, affirming her confidence in the team’s capable hands. One of those individuals was the team’s coach Mike Ditka, under whose leadership the Bears triumphed in Super Bowl XX in the mid-1980s. Despite a defeat in their second Super Bowl appearance in 2006 under coach Lovie Smith, they clinched the 2006 NFC Championship trophy by defeating the New Orleans Saints, a victory that McCaskey personally received on the field, considering it a profound honor as the trophy bore her father’s name.
While McCaskey’s management of the team’s operations has been hands-off, she has garnered numerous accolades, including being named the fifth most powerful woman in sports by Forbes. Revered as the First Lady of the NFL, she has attended every Bears game since assuming ownership, exercising the voting rights for her 11 children and other relatives, translating to an estimated 80% ownership stake in the franchise. This has positioned her as an extraordinarily wealthy individual, considering the current valuation of the Chicago Bears franchise at $1.7 billion. Aged 94, she stands as the NFL’s oldest owner.
Regarding her personal life, McCaskey married Ed McCaskey in 1943. Following his demise in 2003, she has remained single. With 11 children, 42 grandchildren, and great-grandchildren, Virginia resides in Des Plaines, Illinois.
| Net Worth | $1.3 Billion |
| Date Of Birth | January 5, 1923 |
| Place Of Birth | Chicago, Illinois, United States |
| Profession | Businesswomen, George Halas’ daughter |
| Education | Drexel University |
| Nationality | American |
| Spouse | Ed McCaskey (m. ?–2003) |
| Children | George McCaskey, Michael McCaskey |
| Parents | George Halas, Minnie Bushing |
| Siblings | George Halas, Jr. |
| IMDB |
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