George Joseph Maloof Sr. (April 11, 1923 – November 29, 1980) was an American heir and businessman of Lebanese descent.
Biography
Early life
George Joseph Maloof Sr. was born on April 11, 1923, in
Las Vegas, New Mexico
Las Vegas is a city in and the county seat of San Miguel County, New Mexico, United States. Once two separate municipalities (one a city and the other a town), both were named Las Vegas—West Las Vegas ("Old Town") and East Las Vegas ("New Town ...
. His father, Joseph Maloof (1903-1957), an
immigrant from Lebanon, was a
Coors beer
Beer is one of the oldest and the most widely consumed type of alcoholic drink in the world, and the third most popular drink overall after water and tea. It is produced by the brewing and fermentation of starches, mainly derived from ce ...
distributor in New Mexico.
Career
Taking over after his father suffered a heart attack in 1944, Maloof expanded the family's business into hotels, trucking and banking. He later became the owner of the
Houston Rockets.
Personal life
He married Colleen Maloof. They had five children:
*
Adrienne Maloof
Adrienne Maloof (born September 4, 1961) is an American businesswoman, television personality, shoe designer, and co-owner of the various business holdings of Maloof Companies, which include a stake in the Sacramento Kings ( NBA), the Vegas G ...
*Phil Maloof
*Joe Maloof
*Gavin Maloof
*
George J. Maloof Jr.
George Joseph Maloof Jr. (born September 2, 1964) is an American entrepreneur and businessman. He is the former owner of the Sacramento Kings, the former owner of the now defunct Sacramento Monarchs, and was minority owner of the Palms Casino Res ...
Death
He died on November 29, 1980, at
Presbyterian Hospital in
Albuquerque, New Mexico. After his death, his sisters sued to force a liquidation of the family's holdings. ''
Business Week'' estimated the family's net worth in 2000 to be more than $1 billion.
Kings and Their Court ''Albuquerque Tribune'' 19 April 2003
Accessed 6 October 2008
See also
* Maloof family
The Maloof family is a prominent American family based in Las Vegas, Nevada, who are owners of numerous business properties in the Western United States. The original spelling of the family name is Maalouf. The family is of Lebanese descent via th ...
Notes
External links
Maloof Family Biographies
1923 births
1980 deaths
American people of Lebanese descent
Houston Rockets owners
National Basketball Association executives
National Basketball Association owners
People from Las Vegas, New Mexico
20th-century American businesspeople
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