BillionaireNet
Benson
Gayle Benson
Rank #443
UNITED STATESsportsNew Orleans Saints

Gayle Benson

Net Worth
$7.944B
0% (24h)
Gayle Benson, born in New Orleans on January 26, 1947, is an American businesswoman and sports executive. As the owner of the New Orleans Saints (NFL) and New Orleans Pelicans (NBA) since 2018, she became the first woman to be the majority shareholder of voting stock in both an NFL and an NBA franchise. Her career spans from interior design to owning a thoroughbred racing stable, GMB Racing. Currently, her net worth is estimated at $7.9 billion, making her a significant figure in the sports industry. Her leadership follows a legacy of philanthropic efforts, including donations for cancer research and stadium construction. She is known for her deep connection with the New Orleans community, carrying forward the legacy of her late husband, Tom Benson. As of 2024, she ranks among the wealthiest individuals in the United States, reflecting her influence and success in sports and business.

The Full Dossier

Early Life

Gayle Marie LaJaunie Bird Benson was born in New Orleans, Louisiana, on January 26, 1947. She grew up in the Algiers section of New Orleans and attended St. Joseph, St. Anthony, and Holy Name of Mary schools. She graduated from Martin Behrman High School in 1966.

Rise to Success

Benson began her career in interior design, eventually establishing Gayle Bird Interiors, Ltd. She later gained prominence in the sports industry. In 2004, she married Tom Benson, and after his death in 2018, she inherited ownership of the New Orleans Saints and New Orleans Pelicans. This made her the first woman to be the majority shareholder of voting stock in both an NFL and an NBA franchise. She also owns GMB Racing, a thoroughbred racing stable.

Key Business Strategies

Key to her success is her commitment to maintaining the Saints and Pelicans in New Orleans. Her succession plan involves selling the teams with the condition that they remain in the city, with the proceeds going to local charities. Additionally, her business acumen and hands-on approach to managing both teams have been crucial to their continued success. She has focused on improving the fan experience and supporting the team's operations.

Philanthropy

Gayle Benson is known for her extensive philanthropic work with her late husband Tom Benson. They funded the construction of the Gayle and Tom Benson Stadium at the University of the Incarnate Word. In 2015, they donated $20 million for cancer care and research. The Gayle and Tom Benson Charitable Trust has also donated to various organizations, including Jesuit High School, Second Harvesters Food Bank, and the University of Mississippi Medical Center. Moreover, in December 2023, she announced a significant donation for a new children's hospital, The Gayle and Tom Benson Ochsner Children's Hospital.

Career Timeline

2014

Founded GMB Racing Stables

Established a thoroughbred horse racing company.

2018

Became owner of New Orleans Saints and Pelicans

Inherited the New Orleans Saints and New Orleans Pelicans following the death of her husband, Tom Benson.

2004

Married Tom Benson

Married Tom Benson, later inheriting his sports franchises.

1970s

Started interior design career

Worked as an interior designer, eventually founding her own business.

1966

Graduated from Martin Behrman High School

Completed her high school education.

Philanthropic Impact

Education$7.5M

Gayle and Tom Benson Stadium

Funded the construction of the stadium at Tulane University, which opened in 2008 at the University of the Incarnate Word in San Antonio.

Health$20M

Cancer Care and Research

Donated for cancer care and research in 2015.

HealthSignificant donation

The Gayle and Tom Benson Ochsner Children's Hospital

Made a donation for the construction of a new standalone children's hospital, announced in December 2023.

Education$5M

Jesuit High School

Donation made in February 2019 to Jesuit High School.

Community Support$3.5M

Second Harvesters Food Bank

Donation made in March 2019.

Wealth Trajectory