Revealed: Arturo Moreno's Assets & Salary - Is the Star a Billionaire? Net Worth 2026: Career Earnings & Assets
Updated: May 05, 2026
- Subject:
Revealed: Arturo Moreno's Assets & Salary - Is the Star a Billionaire? - Profile Status:
Verified Biography
TABLE OF CONTENTS
As one of the most talked-about figures, Arturo Moreno has built a significant fortune. Our team analyzed the latest data to provide a clear picture of their income.
What Is Arturo Moreno's Net Worth?
Arturo Moreno is an American businessman who has a net worth of $5 billion. Arturo Moreno is perhaps best known for being the first Mexican-American to own a major American sports team. A long-time owner of a minor league team, in 2001, Arturo began to use his newfound wealth to buy a major league team. In 2003, he finally hit pay dirt after striking a deal to acquire the Anaheim Angels fromWalt Disneyfor $180 million. He then rebranded the team as the Los Angeles Angels. Before the start of the 2006 season, Moreno landed a lucrative broadcasting deal with Fox Sports. It was reportedly a 10-year deal worth north of $1 billion. That same year, just three years after acquiring the team, the Angels were valued at $380 million. Today, the team is worth $3 billion.
Arturo Moreno was born on August 14, 1946, in Tucson, Arizona. He is the oldest of 11 children. His parents, Maria and Arturo Moreno, immigrated from Mexico before Arte was born.
After graduating from the University of Arizona, Moreno was hired at the advertising company Eller Outdoor, where he was employed for the next seven years.
In 1984, Arturo moved to Phoenix, where he was hired by Outdoor Systems, a company providing outdoor advertising and billboard services. That same year, Moreno and his friend Wally Kelly tried to buy the firm from owner William S. Levine. The two's plan did not work initially, yet Moreno and Kelly were still able to partner with Levine for the time being.
A Vietnam veteran, Arturo launched his career in outdoor advertising when he was hired by Eller Outdoor in the early 1980s. In 1984, he moved to Arizona, where he worked for Outdoor Systems. By 1996, he was running the company and was a major shareholder. That same year, he took the company public. The IPO was extremely successful. In 1998, Infinity Broadcasting acquired Outdoor Systems for $8 billion in stock.
In 1966, Moreno was drafted into the United States Army to fight in the Vietnam War. After two years of service, he enrolled at the University of Arizona in 1968. He graduated in 1973 with a bachelor's degree in marketing.
A few years later, Moreno became Outdoor Systems's President and Chief Executive Officer. In 1996, he took Outdoor Systems public, and the company's stock skyrocketed. In 1998, Infinity Broadcasting purchased Outdoor Systems for $8 billion.
Ultimately, Arturo Moreno's financial journey is a testament to their success.
Disclaimer: All net worth figures are estimates based on public data.