How Much Money Does Jerry Jones Have: The Truth About the Cowboys’ $20 Billion Man

How Much Money Does Jerry Jones Have: The Truth About the Cowboys’ $20 Billion Man

Jerry Jones is probably the most famous owner in sports history, and honestly, the most polarizing. Love him or hate him, you can't ignore the math. People always ask how much money does jerry jones have when they see him roaming the sidelines or hopping off a $250 million superyacht, and the answer is usually "more than you think."

As of early 2026, Jerry Jones is sitting on a net worth of roughly $20.7 billion to $20.9 billion.

It’s a staggering number. To put that in perspective, when he bought the Dallas Cowboys back in 1989, he paid $150 million. People thought he was crazy. At the time, the team was losing a million bucks a month. Now? That same franchise is valued at about **$13 billion**. It’s the most valuable sports team on the planet, beating out Real Madrid, the New York Yankees, and everyone else.

But here is the thing: Jerry isn't just a "football guy." If the Cowboys disappeared tomorrow, he’d still be one of the richest people in America.

Where the Billions Actually Come From

Most fans think the Cowboys are his only source of wealth. Wrong. While the team is the "crown jewel," Jerry is basically a wildcatter at heart. He made his first million in oil back in the 70s. He never really stopped.

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Right now, a huge chunk of his liquid wealth is tied up in natural gas. He owns about 71% of Comstock Resources. He’s poured over $1 billion into that company recently. Why? Because he’s betting on a massive gas play in East Texas called the Western Haynesville.

He recently told reporters that there is "$100 billion present value" in gas out there. That is why he’s sometimes distracted from the Cowboys' defense—he’s literally hunting for a hundred-billion-dollar payday under the Texas dirt.

The Real Estate Empire

Then you've got Blue Star Land. This is his real estate arm. Jerry has been buying up land in Frisco, Prosper, and Celina for decades.

  • The Star in Frisco: This is the Cowboys’ headquarters, but it’s also a massive retail and office development.
  • Thousands of Acres: He owns more than 1,200 acres of prime Texas real estate that used to be farmland and is now some of the most expensive dirt in the country.
  • Retail and Residential: He’s developed everything from luxury subdivisions like Starwood to shopping centers.

Breaking Down the $20 Billion

If we’re looking at the raw data for 2026, the portfolio looks something like this:

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Asset Estimated Value
Dallas Cowboys (Majority Stake) $13 Billion
Comstock Resources (71% ownership) $2.5 - $3 Billion (Market Dependent)
Real Estate (Blue Star Land) $1.5 - $2 Billion
Legends Hospitality & Other Ventures $1 Billion+
Personal Assets (Yacht, Jets, Art) $500 Million+

It’s important to realize these numbers fluctuate. The stock market moves, gas prices swing, and NFL valuations keep climbing because of those massive TV deals. Jerry is basically the king of "leveraged growth." He doesn't just sit on cash; he reinvests it into things that grow faster than inflation.

Why the Number Keeps Going Up

You’ve probably noticed that NFL salaries are exploding. Dak Prescott's cap hit in 2026 is over $74 million. You’d think paying players that much would make Jerry "poorer," but it’s the opposite.

The more the league pays players, the more the league is making in revenue. The NFL is essentially a printing press for money. Between the sports betting partnerships and the streaming rights with Amazon and Netflix, the floor for team valuations keeps rising. Jerry was one of the first owners to realize the Cowboys weren't just a team; they were a lifestyle brand.

He took the "Star" and put it on everything. He took control of the team's merchandising when other owners were still sharing all their profits. That "maverick" move decades ago is a huge reason why he has so much more money than many other NFL owners.

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The "Bust the Budget" Strategy

In 2026, Jerry has been vocal about being willing to "bust the budget" to get the Cowboys back to a Super Bowl. Fans are skeptical—we've heard this before. But from a purely financial standpoint, he can afford it.

His wealth isn't just a scoreboard; it's a tool. Whether he's buying 12.5 million more shares of a gas company or overpaying for a star wide receiver, he operates with a level of financial security that few humans have ever known.

Actionable Insights: The Jerry Jones Playbook

You don't get to $20 billion by accident. Even if you aren't buying an NFL team, there are three things Jerry does that explain his wealth:

  1. Buy the "Un-buyable": He bought the Cowboys when they were a "bad" investment. He buys gas land that others call "un-drillable." He looks for value where others see risk.
  2. Vertical Integration: He doesn't just own a team; he owns the stadium, the land around the stadium, the catering company that serves the food (Legends), and the company that sells the jerseys.
  3. Long-Term Aggression: He’s 83 years old and still betting $1 billion on gas wells that might take a decade to fully pay off. He doesn't think in quarters; he thinks in decades.

If you want to track his wealth moving forward, keep an eye on natural gas prices and NFL expansion. Those two factors will determine if Jerry hits the $25 billion mark by the end of the decade.


Track the Dallas Cowboys' latest valuation and Jerry’s newest business moves by following the Forbes 400 real-time billionaire tracker or checking SEC filings for Comstock Resources (CRK).