Bruce Partick McNall was born on April 17, 1950 in Arcadia, California, USA, and is a businessman and sports manager known worldwide for owning 49% of the Los Angeles Kings of the National Hockey League (NHL) in the late 1980s , and also owned the Canadian Football League club Toronto Argonauts from 1991 to 1994. However, he also became known worldwide for spending over four years in prison for fraud and conspiracy.
Have you ever wondered how rich Bruce McNall was in mid-2017? According to authoritative sources, McNall’s net worth is estimated at up to $ 3 million, earned through his successful career. He also worked as a film producer and has owned thoroughbred racehorses in the past, which have also added to his wealth.
Bruce McNall Net Worth of $ 3 Million
Bruce’s upbringing has remained unknown in the media and nothing about his life before he became a successful businessman is disclosed to the public. Although he claimed to have graduated from Oxford, it later turned out to be a lie.
He was a coin collector early in his career and made his first fortune, although it was later found he was smuggling coins from overseas. Even so, he slowly built his empire and enjoyed fame and fortune through the 80s and early 90s before it all collapsed.
He began as a film producer in the 80s with films such as the science fiction thriller “War Games” (1983) with Matthew Broderick, Ally Sheedy and John Wood, then the crime drama “Wisdom” with Emilio Estevez, who wrote and directed the film and Demi Moore. He was also the producer of the film “Weekend at Bernie’s” in 1989. He continued his work as a producer until the early 1990s and until his death, but then returned to production in the mid-2000s and has worked on films like the since then romantic thriller “Asylum” (2005), the mystery thriller “Night Train” (2009) and the action thriller “Beatdown” (2010) starring Dany Trejo, Eric Balfour and Rudy Youngblood. All of these creations increased Bruce’s fortune and got him back on his feet after his financial troubles.
In 1986 he bought 2% of the Los Angeles Kings from Jerry Buss and increased his stake by 24% the following year to become the majority owner of the NHL franchise. In 1988 he immediately bought the remaining shares in Jerry Buss, who was already President of the Kings. 1988 Bruce hit the sports world by buying Wayne Gretzky of the Edmonton Oilers for a massive amount in those days of the NHL – he sent Jimmy Carson, Martin Gelinas then three first-round draft picks and $ 15 million in trade, and with Gretzky who have favourited the Kings also got Marty McSorley and Mike Krushelnyski. He gave Gretzky a $ 3 million-a-year contract that largely impacted the kings’ finances, but thanks to their successful performance in the league, they managed to make up for their losses.
After failing to pay off a $ 90 million loan, Bruce was forced to sell the Kings in 1994 – although he no longer owns the franchise, Bruce is still president and governor. He also owned the CFL franchise, the Toronto Argonauts, which he bought with the help of Wayne Gretzky and actor / comedian John Candy until it went into debt of more than $ 20 million in 1994.
Regarding his personal life, he admitted in late 1994 that he had defrauded six banks for around $ 235 million over ten years and was subsequently sentenced to 70 months in prison, but his fine was reduced by 13 months and he was out in 2001.
As for his most intimate details, Bruce was married to Jane Cody, with whom he has two children.
Bruce McNall Net Worth first appeared on Net Worth Post.