George Steinbrenner IV
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The Steinbrenners are an American family of
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-
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descent. The family has owned the
New York Yankees The New York Yankees are an American professional baseball team based in the Boroughs of New York City, New York City borough of the Bronx. The Yankees compete in Major League Baseball (MLB) as a member club of the American League (AL) Amer ...
of
Major League Baseball Major League Baseball (MLB) is a professional baseball organization and the oldest major professional sports league in the world. MLB is composed of 30 total teams, divided equally between the National League (NL) and the American League (AL), ...
since
George Steinbrenner George Michael Steinbrenner III (July 4, 1930July 13, 2010) was an American businessman who was the principal owner and managing partner of Major League Baseball's New York Yankees from 1973 until his death in 2010. He was the longest-serving own ...
purchased the franchise in 1973. After George's death,
Hal Steinbrenner Harold Steinbrenner (born December 3, 1969) is an American businessman best known as the Chairman and Managing General Partner of Yankee Global Enterprises, which owns the New York Yankees of Major League Baseball and minority shares of America ...
, his son, became the chairman of the Yankees. The Steinbrenner family also has financial interests in real estate, horse racing, and automobile racing. ''
Forbes ''Forbes'' () is an American business magazine owned by Integrated Whale Media Investments and the Forbes family. Published eight times a year, it features articles on finance, industry, investing, and marketing topics. ''Forbes'' also re ...
'' estimated the Steinbrenner family to be worth $3.8 billion in 2015, making them the 75th richest family in the United States.


First generation

Businessman
George Steinbrenner George Michael Steinbrenner III (July 4, 1930July 13, 2010) was an American businessman who was the principal owner and managing partner of Major League Baseball's New York Yankees from 1973 until his death in 2010. He was the longest-serving own ...
owned the
American Ship Building Company The American Ship Building Company was the dominant shipbuilder on the Great Lakes before the Second World War. It started as Cleveland Shipbuilding in Cleveland, Ohio in 1888 and opened the yard in Lorain, Ohio in 1898. It changed its name to t ...
and served as its chairman, as well as purchasing sports franchises. He led a group that bought the
New York Yankees The New York Yankees are an American professional baseball team based in the Boroughs of New York City, New York City borough of the Bronx. The Yankees compete in Major League Baseball (MLB) as a member club of the American League (AL) Amer ...
from
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in 1973 for $10 million ($ in current dollar terms). He sold two garages included in the sale, reducing the purchase price to $8.8 million ($ in current dollar terms). He invested $168,000 of his own money ($ in current dollar terms) in the sale. In 2009, ''
Forbes ''Forbes'' () is an American business magazine owned by Integrated Whale Media Investments and the Forbes family. Published eight times a year, it features articles on finance, industry, investing, and marketing topics. ''Forbes'' also re ...
'' estimated the Yankees to be worth $1.5 billion. Steinbrenner died in July 2010. George married Joan Zieg on May 12, 1956. Joan was a philanthropist and invested in real estate. Additionally, she served as a vice chairperson for the Yankees. She died in December 2018.


Second generation

George and Joan had four children: Hank, Jessica, Jennifer, Hal. All four have served as general partners for the Yankees.
Hank Hank is a male given name. It may have been inspired by the Dutch name Henk,The Origins of 10 Nicknam ...
was the oldest of the four children. He was co-chairman of the Yankees and died in 2020. Hal is the youngest of the four. He is chairman and CEO of Steinbrenner Hotel Properties. Hal became chairman of the Yankees in 2008, succeeding his father. Jessica runs Kinsman Farm, a
stud farm A stud farm or stud in animal husbandry is an establishment for selective breeding of livestock. The word "stud" comes from the Old English ''stod'' meaning "herd of horses, place where horses are kept for breeding". Historically, documentation o ...
, in
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. She has also authored
children's book Children's literature or juvenile literature includes stories, books, magazines, and poems that are created for children. Modern children's literature is classified in two different ways: genre or the intended age of the reader. Children's ...
s. Jessica has been married and divorced three times. Her second marriage was to
Joe Molloy Joseph Anthony Molloy (born March 13, 1961 in Tampa, Florida) is the former managing general partner of the New York Yankees from 1988 to 1998. He served as acting owner during the suspension of George Steinbrenner from 1992 to 1993. Biography Mol ...
, who served as managing general partner of the Yankees in 1992, while George was banned from baseball. Her third husband, Felix Lopez, served as a vice president for the Yankees. Jennifer majored in business and was a Morehead Scholar at the University of North Carolina, before serving in the Yankees Public Affairs Department in 1984-85 and spending 23 years actively participating in the philanthropic community. However, George did not let her rise in the Yankees organization, saying "I've always been a
chauvinist Chauvinism is the unreasonable belief in the superiority or dominance of one's own group or people, who are seen as strong and virtuous, while others are considered weak, unworthy, or inferior. It can be described as a form of extreme patriotis ...
." Jennifer married
Steve Swindal Stephen Whitfield Swindal is an American businessman. He is the chairman of Port Tampa Bay. Swindal was a general partner of the New York Yankees of Major League Baseball from 1998 through 2007, and in 2005 had been chosen as George Steinbrenne ...
, who became a general partner in the Yankees and was named George's heir as chairman of the Yankees in 2005. They divorced in 2007, and the Steinbrenner family purchased Swindal's financial interests in the franchise. Jennifer has a distinguished record of contributing to various community projects and initiatives, including current commitments on the Board of Directors of Mary Lee’s House (a child protection and advocacy center in Tampa), St. Joseph’s Children’s Hospital Foundation, Boys & Girls Club of Tampa Bay and serving on the Executive Committee of the Gold Shield Foundation, which was established in 1981 by her father, George M. Steinbrenner III. She also serves as the President of the New York Yankees Foundation and the New York Yankees Tampa Foundation, overseeing numerous local, regional and national outreach efforts. Within the scope of her roles, which include the implementation and integration of a wide range of community programs relating to the New York Yankees, Ms. Steinbrenner supervises three Tampa-area Children’s Holiday Concerts that have been sponsored by the Steinbrenner family for more than 25 years. At least 5,000 children annually participate in the events, which provide musical education and exposure to the fine arts. She has also been instrumental in the development and growth of the Bronx Winter Wonderland event, which sees thousands of local youth visit the Stadium each year for a holiday extravaganza complete with decorations, festive music and food, and a holiday gift for each child in attendance.


Third generation

George and Joan Steinbrenner had 14 grandchildren. Stephen Swindal Jr. works in baseball operations for the Yankees. Haley Swindal is a singer and actress. She has performed in
Broadway shows Broadway theatre,Although ''theater'' is generally the spelling for this common noun in the United States (see American and British English spelling differences), 130 of the 144 extant and extinct Broadway venues use (used) the spelling ''Th ...
. Robert Molloy, son of Jessica, works in operations for the Yankees. George Michael Steinbrenner IV, the son of Hank, formed an
IndyCar INDYCAR, LLC, is an American-based auto racing sanctioning body for Indy car racing and other disciplines of open wheel car racing. The organization sanctions five racing series: the premier IndyCar Series with its centerpiece the Indianapolis ...
driving team in conjunction with
Andretti Autosport Andretti Autosport is an auto racing team that competes in the IndyCar Series, Indy Lights, Indy Pro 2000, and Formula E. The team also has a 37.5% ownership stake in the Australian Supercars Championship touring car team, Walkinshaw Andretti ...
in 2017 called Andretti-Steinbrenner Racing. The team competed in the
2017 Indy Lights The 2017 Indy Lights season was the 32nd season of the Indy Lights open wheel motor racing series and the 16th sanctioned by IndyCar, acting as the primary support series for the IndyCar Series. A 16-race schedule was announced on September 14, ...
. In 2018, he formed
Harding Steinbrenner Racing Harding Racing logo prior to partnership Andretti Harding Steinbrenner Autosport was an auto racing team that competed in the IndyCar Series. Founded as Harding Racing in 2017 by businessman Mike Harding, the team would form partnerships in 2019 ...
with partner Mike Harding, competing in the
2019 IndyCar Series The 2019 NTT IndyCar Series was the 24th season of the IndyCar Series and the 108th official championship season of American open wheel racing. The premier event was the 2019 Indianapolis 500, with Will Power entering as the defending winner. Ho ...
. According to Jennifer, the family wants to own the team for "eternity". Hal said the family had begun discussing future plans for the family's involvement in the franchise, and that several of George's grandchildren, including Stephen Swindal Jr, Robert Molloy, George Michael Steinbrenner IV, Julia Steinbrenner (George IV's sister), and Katherine Steinbrenner (Hal's daughter), have expressed interest in running the Yankees.


References


External links

* {{Authority control New York Yankees owners New York Yankees executives