Casey Wasserman: A Look Into His Life And Wealth

Casey Wasserman is a prominent figure in the entertainment and sports industry. As the owner of the Los Angeles Avengers and the CEO of Wasserman Media Group, his influence is substantial. With a net worth of $400 million, Wasserman's journey from a young sports enthusiast to a powerful executive is both inspiring and thought-provoking.

Born in Los Angeles in 1974, Casey is the son of philanthropist Lynne Wasserman and Jack Myers. He adopted his mother's maiden name, which also honors his legendary grandfather, Lew Wasserman, who played a significant role in shaping the entertainment landscape. Casey's educational background includes a Bachelor of Arts degree in Political Science from UCLA, further complemented by invaluable life lessons learned from his grandfather.

In 1998, Casey made headlines when he purchased the Arena Football League team, the Los Angeles Avengers. This bold move not only made him the youngest owner of a professional sports team but also marked the beginning of his impressive career in sports management. Beyond sports, he has led the Wasserman Foundation, a charitable organization founded by his grandfather, emphasizing his commitment to philanthropy and community service.

What is Casey Wasserman's Net Worth?

Casey Wasserman is an American entertainment executive, sports agent executive, and owner of the former Arena League football team, the Los Angeles Avengers. Casey Wasserman has a net worth of $400 million dollars.

Casey Wasserman was born Casey Myers in Los Angeles in 1974. He is the son of the Los Angeles socialite and philanthropist Lynne Wasserman and Jack Myers. Casey's parents were divorced, and he took his mother’s maiden name, which is also the name of his famous grandfather, mega-agent Lew Wasserman.

Casey Wasserman obtained a Bachelor of Arts degree in Political Science from UCLA. However, it was his grandfather, Lew Wasserman, head of MCA, whom he claims to be his greatest teacher. They would have breakfast together every Saturday and Sunday from the time Casey was a child until the elder Wasserman's death in 2002.

In 1998, Casey purchased the Los Angeles Avengers of the Arena Football League (AFL), paying about $5 million for the franchise rights, and thus becoming the youngest person ever to own a professional sports team. That same year, Casey Wasserman started the Wasserman Media Group, a sports marketing and talent management company, of which he remains CEO. Wasserman also acts as President and Chief Executive Officer of the Wasserman Foundation, a charitable organization founded by Lew Wasserman and his wife Edie in 1952.

Real Estate: In October 2018, Casey listed his Beverly Hills home for sale for $125 million. He built the 18,000 square-foot home on a triple lot. Two of the lots belonged to his grandparents. The third lot was acquired from the estate of Frank Sinatra. Casey razed the structures on all three lots and built one mega-mansion on the property. The house, which sits on 3 acres, has an 85-foot infinity pool and parking for as many as 30 cars. The house finally sold in June 2020 for $68 million to music mogul David Geffen.

In August 2020, Casey paid $23 million for a new home in Beverly Hills.