Arturo Moreno
Phoenix, Arizona
Bachelor of Arts/Science, University of Arizona
United States
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billboards, Anaheim Angels, Self Made
$3,000,000,000
745
2
#745 Billionaires 2019
#271 Forbes 400 2018
Arturo Moreno is the owner of the Los Angeles Angels baseball team, which he bought in 2003 for $184 million. It is now worth $1.8 billion. Moreno's initial fortune came from billboard advertising company Outdoor Systems, which he sold to Infinity Broadcasting for $8.7 billion in 1999. He has stakes in other billboard advertising companies, though the bulk of his fortune is now in the Angels. The oldest of 11 children, Moreno was drafted into the Vietnam War.He donates millions of dollars annually to the Moreno Family Foundation, which supports underprivileged youth and education nonprofits.
A Vietnam vet, Moreno attended the University of Arizona on the G.I. Bill.When Moreno bought the Angels, he became the first Mexican-American to own a major league sports team.
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