After many ups and downs in the marriage, Donald Sterling and Rochelle Stein began their family in 1955.
After purchasing the NBA’s Los Angeles Clippers’ professional franchise, American businessman Sterling became well-known. He managed the basketball team from 1981 to 2014, when he was fined $2.5 million and banned from the NBA.
In addition to his success in athletics, he is also a well-known American lawyer who frequently attracted media attention for his involvement in a number of issues. He began investing in real estate in addition to his career, which was one of his major undertakings. Nevertheless, his ownership of NBA teams is where he gained the majority of his notoriety as a public person.
However, he received a ton of criticism in addition to fame from the NBA ownership. Sporting News, The New York Times, and Forbes dubbed him the worst sports owner at the time, while ESPN The Magazine deemed the Clippers the worst franchise. He was sued multiple times after his stint in the NBA, and his career was still in danger.
In addition to the highs and lows of his professional career, he is most known for his relationship with Rochelle Stein, his wife, from whom he was alienated for a long time.
|Birth Date||26 April, 1934 (88-years-old)|
|Hometown||Chicago, Illinois, US|
|Wife||Rochelle Stein (m. 1955)|
|Children||Scott Sterling, Joanna Sterling, Chris Sterling|
|Parents||Mickey Tokowitz, Susan Tokowitz|
Who Is Donald Sterling Wife Rochelle Stein?
Donald Sterling and Rochelle Stein were married in 1955, and despite all the ups and downs, they have remained together. His companion was just 21 when they tied the knot.
On September 2, 1934, Rochelle was born into a Jewish household. She was raised by her parents in Wilmington, California, where she was born and raised. However, as time passed, she attended Roosevelt High School in Los Angeles where she graduated.
She then met her future spouse and became curious about his real estate assets. She started her by purchasing apartments in Beverly Hills. Up to their estrangement in 2012, the pair was happily married and had three children together.
Prior to that, Donald was dating a woman named Alexandra Castro. He is “happy married, has a family, and has no intention of engaging in any activity inconsistent with his domestic relationship,” according to the contract they signed.
Despite everything, Rochelle and Donald were a couple until a disagreement caused them to part ways. While his wife remained at the beach house in Malibu, California, Sterling relocated to his opulent Beverly Hills property.
However, after nearly divorcing, they settled their disagreement in 2016. Bobby Samini, Donald’s attorney at the time, made the statement that “the Sterlings have reconciled their issues despite all the trying events of the prior two years.”
Additionally, Rochelle handled the Los Angeles Clippers’ property and sold it on his behalf when the doctor deemed him incompetent to oversee the financial affairs of the Sterling family Trust. Stein is well-known for being one of the most influential women in real estate, in addition to her fame and her marriage.
She is a multi-millionaire who has dealt with numerous assets and owns opulent residences. Stein and Sterling have remained together through all the uncertainties and have been married for almost seven decades. Years of marital conflict were ultimately resolved after much struggle.
Rochelle is regarded as a courageous woman who stuck by Sterling through hardships. She also raised her kids and developed into one of the most powerful women in the real estate industry.
Donald Sterling Net Worth In 2022
Donald Sterling is a billionaire with a roughly $4 billion estimated net worth. He is an attorney and entrepreneur best known for his ownership of the NBA team Los Angeles Clippers for more than 33 years. The estimated net worth of his wife, Rochelle, is $1 billion.
Sterling is also well-known in the real estate sector as a powerful investor who owns thousands of residential buildings. He made most of his income by investing in Los Angeles city structures. Furthermore, he is currently living a luxury lifestyle in his opulent Beverly Hills home.
He made headlines in 2015 when he requested that his ex-partner, V. Stiviano, repay more than $2.6 million in gifts and cash to the Sterling Family Trust. Homes over $1.8 million, high-end vehicles costing over $800,000, and cash presents are all included.
Stiviano gave Sterling several gifts throughout their more than two-year relationship, including a $1.8 million Los Angeles duplex, a Range Rover, a Ferrari, and a Bentley.
Donald Sterling Wealth During NBA Ownership
In 1981, Donald Sterling paid about $12.5 million to purchase the San Diego-based NBA team Clippers. He held ownership of the franchise from 1981 to 2014 before being forced to sell it for $2 billion.
Sterling already owned hundreds of apartment buildings whose value was increasing by the time he acquired NBA ownership. In 1984, a few years after purchasing the Clippers, he attempted to relocate the team from San Diego to Los Angeles despite not receiving NBA approval. He transferred the Clippers while disregarding the circumstances, earning a $25 million fine.
Donald, however, filed a lawsuit for $100 million NBA rather of paying the fine. After his fine was reduced from $25 million to $6 million, the issue was resolved. Before he resigned ownership of the franchise in 2013, the Clippers were rumored to be worth $700 million.
While he owned the team for more than three decades, Sports Illustrated reported in 2000 that he also owned the Beverly Comstock Hotel, the Malibu Yacht Club, and other Beverly Hills apartments. He then said that when he brought the Clippers “I intend to stay in San Diego and am dedicated to bringing the Clippers’ hometown pride. I’ll invest whatever it takes to create a winner in order to grow the Clippers through the draft, free agency, and trades.”
Similar to this, he invested in the historic former MGM headquarters in Beverly Hills in 1996 and furnished the rooms with French antiques. Despite owning a portion of the NBA, the majority of his fortune has historically come from his real estate firm.
Donald Sterling Wealth After NBA Ownership
Donald Sterling has already amassed enormous riches by the year 2014 thanks to his success. After making disparaging comments, he was forced to leave his NBA ownership that year. He was also fined $2.5 million and banned from the league and NBA games.
He was forced to pay actress Robyn Cohen $17.3 million again because the apartment complex he owned where she resided lacked a sufficient fire detection system. Sterling continued to live a life of luxury despite the decline of his riches because to his real estate business.
His projected net worth, which was around $2 billion when he sold the clippers, was anticipated to increase to $2.2 billion. However, according to Forbes, his current net worth is almost $4.1 billion. He continues to own a sizable number of Beverly Hills homes, opulent apartment buildings, and expensive cars even after leaving the Clippers and receiving the litigation settlement.
He was estimated to be worth around $3.6 billion in 2020 by Sportscasting, and Forbes placed him at position 207 on its list of the 400 richest Americans. With his wife and family, he leads an opulent and comfortable existence as a billionaire.
Despite losing his NBA ownership, he continued to be extremely wealthy and hold a significant amount of capital. Whether Donald owned the NBA before or after, one thing is certain: he made a lot of money through real estate ventures. He is currently one of the richest men in America and is 88 years old.
Additionally, before making his investment in the first West Hollywood home, he was a seasoned trial lawyer. He has remained committed to his real estate firm up until this point.
Who Are Donald Sterling Kids?
Chris, Scott, and Joanna are the names of the three children that Donald Sterling and his wife Rochelle Stein have. Except for Scott, who regrettably passed away in 2013 from a heroin overdose, the children are all adults with successful lives.
Hannah, Luke, Ava, and Sofia are the names of the four grandchildren that Donald and Rochelle currently have. Joanna Sterling, their only child, is now 51 years old and is contentedly wed to Eric James Miller.
When Sterling departed the team, Eric, who had been the director of basketball administration at the time, resigned from his post. Prior to that, he earned his degree from Cal State Northridge and spent seven years working as a CPA in the San Fernando Valley.
Chris, his other child, likes to lead a quiet, low-key existence away from the spotlight and the general public. Nevertheless, the death of the Sterling family member made 2013 a tragic year for them. Scott passed away at the young age of 32; he breathed his final breath in Malibu, California.
Meet Donald Sterling Family On Instagram
On April 26, 1934, Donald Sterling was born in Chicago, Illinois, in the United States. His parents, Mickey and Susan, who were Jewish immigrants, raised him. He moved with his family to the Boyle Heights neighborhood when he was two years old.
He attended Theodore Roosevelt High School in Los Angeles as a child. He held the position of class president and competed on the school’s gymnastics team in Los Angeles. He eventually finished high school in 1952 and enrolled at California State University, Los Angeles. On the other side, his parents encouraged him in his desire and allowed him to pursue his ambition.
The public can view family photos of the Sterlings, but neither the husband nor the wife use Instagram or any other social media. Chris Sterling and Joanna Sterling, his children, were not visible on any social media sites.