Reading Time: < 1 minute

Wisconsin Watch partners with Gigafact to produce fact briefs — bite-sized fact checks of trending claims. Read our methodology to learn how we check claims.

No.

Mark Attanasio, principal owner of the Milwaukee Brewers and co-founder of the Los Angeles-based Crescent Capital Group investment firm, does not appear on Forbes’ 2023 list of the world’s 2,640 billionaires.

Most estimates put his net worth at $700 million.

Net worth is a person’s assets — such as cash, home, stocks and property — minus debts owed.

The employment information website NCESC.com estimated without documentation that Attanasio is worth $1.1 billion.

CelebrityNetWorth.com, GoBankingRates.com, Statista.com and InvestorTimes.com published estimates of $700 million.

The Brewers are seeking improvements to American Family Field, where they play their home games. A bill approved by the Wisconsin Assembly calls for the team to contribute $100 million and for state, city of Milwaukee and Milwaukee County taxpayers to contribute $546 million.

On May 25 Major League Baseball Commissioner Rob Manfred said that Milwaukee risks losing the Brewers to another city if renovations to the stadium aren’t made.

This Fact Brief is responsive to conversations such as this one.

Sources

MLB: Mark Attanasio Chairman and Principal Owner

crescentcap.com: Capital Markets Team

Forbes: Forbes’ 37th Annual World’s Billionaires List: Facts And Figures 2023

Forbes: World’s Billionaires List

Employment Security Commission: Mark Attanasio Net Worth

Celebrity Net Worth: Mark Attanasio Net Worth

GOBankingRates: The 20 Richest MLB Team Owners

Statista: MLB richest team owners in the U.S. 2022

INVESTOR TIMES: Mark Attanasio Net Worth

Wisconsin Watch: Milwaukee Brewers stadium: Would counties give local tax money?

Wisconsin Watch: Does Milwaukee Brewers stadium plan give up $600M ‘for nothing’?

Creative Commons License

Republish our articles for free, online or in print, under a Creative Commons license.

Tom Kertscher joined as a Wisconsin Watch fact checker in January 2023 and contributes to our collaboration with the The Gigafact Project to fight misinformation online. Kertscher is a former longtime newspaper reporter, including at the Milwaukee Journal Sentinel, who has worked as a self-employed journalist since 2019. His gigs include contributing writer for Milwaukee Magazine and sports freelancer for The Associated Press.