Skip navigation
Wealthcasts

Dead Celebrity Podcast: Lakers Owner Jerry Buss and Making Succession Planning a Slam Dunk

Dr. Buss had a succession plan in place to cover his 66% ownership of the Lakers. But even the best-laid plans can crumble.

 

Resources

In this episode, David Lenok, senior editor at WealthManagement.com, speaks with Sonya Mughal, COO of Bailard Inc. Together, they explore the estate of Jerry Buss, the legendary owner of the Los Angeles Lakers. Dr. Buss had a succession plan in place to cover his 66% ownership of the team: His six children equally inherited a stake in the business. But as you’ll soon find out, even the best-laid plans can crumble. 

In this episode, you will learn:

  • When to start the succession planning conversation with your clients;
  • The important differences between ownership and governance;
  • What characteristics to look for in a successor and their team;
  • And more!

Tune in and learn how to help your clients craft a slam-dunk succession plan.

Listen to the podcast

Browse more episodes in this podcast series. ... 

The Dead Celebrity podcast is available on Apple PodcastsAndroidStitcher and wherever podcasts are found. 

Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish