Last updated 7/1/2026

Larry TanenbaumNet Worth Estimate

Estimated RangeCA$2.7B - CA$3.4BCA$2,700,000,000 - CA$3,400,000,000

Larry Tanenbaum's net worth is best estimated at about C$2.7 billion to C$3.4 billion, with wider plausible bounds of roughly C$2.3 billion to C$4.3 billion.

LTLarry TanenbaumSports franchise owner; private investment holding-company owner / Canada

Drivers

Wealth Breakdown

8 reviewed sources4 high-quality sources

Wealth compositionCA$3,206,666,6674 sources

Founder equity1 input · 4 sources · 78/100 confidenceIncludedCA$2,506,666,667

Private holdings1 input · 4 sources · 38/100 confidenceIncludedCA$500,000,000

Paid sports franchises1 input · 4 sources · 42/100 confidenceIncludedCA$200,000,000

Not Counted Directly

Transaction corroborationContext only · CA$400,000,000

Estimate

Current Assessment

The estimate is anchored by his indirect MLSE stake. Rogers' C$4.7 billion purchase of Bell's 37.5% stake implies an MLSE value of about C$12.5 billion. Public ownership summaries indicate Tanenbaum's attributable interest is about 20% after OMERS' indirect stake, putting that asset near C$2.5 billion before discounts. His other Kilmer-linked holdings, including the Toronto WNBA franchise, AS Saint-Etienne, Coca-Cola Canada Bottling exposure, and private investments, likely add meaningful value but are not disclosed enough for a precise calculation.

Key caveats

The estimate values Tanenbaum's personal wealth, not MLSE's total value or the total value of teams owned by MLSE.
Team valuations are not added separately because the Maple Leafs, Raptors, Toronto FC, and Argonauts are already captured inside MLSE.
Private holding-company ownership, debt, and tax details are not public.

Evidence gaps

Exact Kilmer Sports and Kilmer Sports Ventures ownership percentages
Toronto Tempo post-investor ownership split
AS Saint-Etienne purchase price and debt
Current valuation of Coca-Cola Canada Bottling and other Kilmer private holdings

Confidence

Medium confidence

68/100

The estimate is supported by available evidence, with meaningful assumptions and caveats.

Key Evidence Gaps

Primary corporate registry or ownership filings for Kilmer Sports and Kilmer Sports Ventures.
Definitive Tanenbaum personal or family-trust ownership percentage in Kilmer Sports after the OMERS transaction.
Toronto Tempo capitalization table or ownership split after additional co-owners joined.
High-quality AS Saint-Etienne acquisition price, debt assumption, and capital commitment evidence.
Current valuation and ownership attribution for Coca-Cola Canada Bottling exposure and other Kilmer private holdings.

Public Caveats

Estimate is for Larry Tanenbaum's personal wealth, not the total value of MLSE or its teams.
The MLSE anchor uses Rogers' C$4.7B purchase of 37.5% of MLSE, implying about C$12.5B for MLSE.
Tanenbaum's attributable MLSE stake is treated as about 20%, but primary corporate ownership records for Kilmer Sports were not supplied.
Non-MLSE Kilmer assets are included only as a broad allowance because ownership percentages, current valuations, debt, and tax effects are not public.

Range Model

Scenario Spread

Conservative

CA$2.3B - CA$2.8B

Base

CA$2.7B - CA$3.4B

Aggressive

CA$3.4B - CA$4.3B

Uncertainty Drivers

Tanenbaum's exact current ownership of Kilmer Sports, Kilmer Sports Ventures, Toronto Tempo, and AS Saint-Etienne is not fully disclosed in primary documents.
The Rogers transaction values MLSE but does not disclose whether minority discounts, debt, or tax effects would apply to Tanenbaum's retained interest.
Private holdings such as Coca-Cola Canada Bottling, Kilmer real estate, infrastructure, and private equity are likely material but not publicly valued.
No reliable current Forbes or Bloomberg personal wealth estimate was found in the accessed sources.
Exchange-rate effects are avoided by keeping the estimate in Canadian dollars, but several private sports signals are denominated in U.S. dollars.

Evidence

Reviewed Signals

Signal	Value	Confidence
Team valuation context Forbes/Sportico-style team valuation context supports high market values for MLSE's core teams but is not separately added to personal wealth.	Leafs and Raptors valuation context; already inside MLSE	45/100
Other Kilmer private holdings Coca-Cola Canada Bottling exposure, infrastructure, real estate, private equity and franchise investments appear material but ownership percentages and current values are not disclosed.	Undisclosed private holdings	50/100
AS Saint-Etienne AS Saint-Etienne is controlled by Kilmer Sports Ventures, but acquisition price and Tanenbaum's personal economics are not well sourced publicly.	Owned by Kilmer Sports Ventures; value not disclosed	45/100
Toronto WNBA franchise Larry Tanenbaum-led Kilmer Sports Ventures is paying US$115M for the Toronto WNBA franchise; current personal percentage is not public after additional co-owners joined.	$115,000,000	62/100
OMERS Kilmer Sports transaction Institutional transaction for 20% of Kilmer Sports at US$400M, implying a US$2B Kilmer Sports valuation and US$8B MLSE valuation at the time for the indirect 5% MLSE stake.	$400,000,000	61/100
Attributable MLSE equity value Transaction-backed value of Tanenbaum's attributable 20% MLSE interest based on Rogers' C$4.7B price for 37.5% of MLSE.	CA$2,506,666,667	78/100

Citations

Sources

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Correction

Public estimates are reviewed but uncertain. Submit a correction if a source or assumption should be updated.

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