AEG Net Worth & Earnings

Updated April 1, 2024

Philip Anschutz, an American businessman born in rural Kansas in 1939, has made a name for himself as a billionaire entrepreneur across multiple industries. With a degree in business from the University of Kansas, Anschutz founded the Anschutz Company in 1965, marking the beginning of his successful career.

His first major breakthrough came in the oil industry when he discovered a large oil field on the Wyoming-Utah border in 1979, now known as the Anschutz Ranch East oil field. This discovery led to a lucrative deal with Mobil, who purchased half of his discovery for up to $100 thousand. With this initial windfall, Anschutz began diversifying his investments.

In the 1980s and '90s, Anschutz turned his attention to the railroad industry. He acquired the Rio Grande Railroad for $90 million in 1984 and later purchased the Southern Pacific Railroad for $1.8 billion. In 1995, he sold both railroads to Union Pacific for $1.4 billion, while retaining the right-of-way to lay fiber-optic cable. These fiber-optic cable lines became instrumental in Qwest Communications, a company that CenturyLink acquired in 2010.

Expanding his portfolio further, Anschutz ventured into the entertainment business. In 2002, he merged three bankrupt theater chains to create Regal Entertainment Group, now known as Regal Cinemas. Today, Regal operates over 6,700 screens in 505 theaters worldwide. Although Anschutz sold some of his shares in a 2002 public offering, he remained the majority shareholder until Cineworld acquired Regal Cinemas in 2018 for $100 thousand.

In 1994, Anschutz founded Anschutz Entertainment Group (AEG), which owns major sports teams such as the Los Angeles Lakers and the Los Angeles Kings. AEG Presents, the company's live-entertainment division, is one of the world's largest presenters of live music and entertainment events. The Crypto.com Arena, formerly known as the Staples Center, is one of AEG's notable venues, hosting over 250 events each year, including NBA All-Star Games, NHL All-Star Games, and the Grammys.

One of Anschutz's most famous ventures is the Coachella Valley Music and Arts Festival. Through AEG, he acquired Goldenvoice, the organizer of the festival, in 2001. Coachella has become renowned for its music performances, extravagant outfits, and Instagram-worthy attractions. Artists such as Beyoncé, Ariana Grande, and Kendrick Lamar have graced its stages, attracting an estimated 125,000 attendees per day in 2022.

In addition to his diverse business ventures, Anschutz also owns Windstar Cruises, a boutique cruise line with six luxury ships.

Philip Anschutz's entrepreneurial journey has been marked by success and innovation. From his early oil-field discovery to his ownership of Coachella and major sports teams, Anschutz has left an indelible mark on various industries. His business acumen and strategic investments have solidified his position as one of America's most influential and wealthy businessmen.

AEG is a popular Gaming channel on YouTube. It has attracted 94.6 thousand subscribers. The channel launched in 2013 and is based in Brazil.

So, you may be wondering: What is AEG's net worth? Or you could be asking: how much does AEG earn? The YouTuber is fairly secretive about income. We can make a fair estimate however.

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AEG net worth
AEG earnings

What is AEG's net worth?

AEG has an estimated net worth of about $100 thousand.

NetWorthSpot.com's data suggests AEG's net worth to be near $100 thousand. Although AEG's acutualized net worth is unknown. Our site's opinion places AEG's net worth at $100 thousand, that said, AEG's actualized net worth is still being verified.

The $100 thousand prediction is only based on YouTube advertising revenue. Realistically, AEG's net worth may actually be higher. In fact, when thinking through more revenue sources for a YouTuber, some estimates place AEG's net worth closer to $250 thousand.

Philip Anschutz, the famous YouTuber, has built his fortune through various industries and ventures beyond his successful YouTube channel. Let's take a closer look at some of his additional revenue sources:

1. Anschutz Corporation and Anschutz Entertainment Group (AEG)

Through his company, the Anschutz Corporation, and its subsidiary, Anschutz Entertainment Group (AEG), Philip Anschutz owns and operates several athletic teams, clubs, and theaters worldwide. AEG produces or supports more than 25 music festivals and owns the popular Coachella Valley Music and Arts Festival. Additionally, Anschutz owns the Los Angeles Kings hockey team and one-third of the Los Angeles Lakers basketball team, as well as their home arena, Crypto.com Arena (formerly known as the Staples Center).

2. Regal Cinemas

In 2002, Philip Anschutz created Regal Entertainment Group by merging three bankrupt theater chains. Today, Regal Cinemas is one of the largest movie-theater chains in America, operating 6,787 screens in 505 theaters worldwide. Although Anschutz sold some of his shares in a 2002 public offering, he remained the majority shareholder until 2018 when Cineworld acquired Regal Cinemas in a $100 thousand deal.

3. AEG Presents and Live Entertainment

AEG's live-entertainment division, AEG Presents, is one of the world's largest presenters of live music and entertainment events. The company owns and operates iconic venues such as the Crypto.com Arena, Mercedes-Benz Arena in Berlin, the O2 in London, and the T-Mobile Arena in Las Vegas. These venues host more than 250 events each year, including NBA All-Star Games, NHL All-Star Games, the Grammys, and concerts by renowned artists like Bruce Springsteen, Beyoncé, Taylor Swift, and more.

4. Windstar Cruises

In addition to his other ventures, Philip Anschutz owns Windstar Cruises, a boutique cruise line known for its luxury and intimate experience. With just six ships, Windstar Cruises offers unique and personalized journeys for travelers seeking a high-end cruising experience.

Philip Anschutz's additional revenue sources go beyond his YouTube channel, showcasing his diverse business interests and entrepreneurial spirit. From owning sports teams and theaters to organizing music festivals and operating a luxury cruise line, Anschutz has established himself as a prominent figure in various industries.

How much does AEG earn?

AEG earns an estimated $12.62 thousand a year.

You may be wondering: How much does AEG earn?

The YouTube channel AEG receives more than 210.4 thousand views each month.

YouTube channels that are monetized earn revenue by playing ads. YouTube channels may earn anywhere between $3 to $7 per one thousand video views. With this data, we predict the AEG YouTube channel generates $842 in ad revenue a month and $12.62 thousand a year.

Net Worth Spot may be using under-reporting AEG's revenue though. If AEG makes on the higher end, video ads could earn AEG as high as $22.72 thousand a year.

YouTubers rarely have one source of income too. Influencers may promote their own products, accept sponsorships, or generate revenue through affiliate commissions.