10 days ago
Forbes Oct 28, 2026

The Brewers Just Won The World Series. Here’s How Their Owner Made His Fortune.

Mark Attanasio, the owner of the Milwaukee Brewers since 2005, finally celebrated a milestone achievement as his team clinched its first World Series championship in franchise history. The Brewers defeated the Tampa Bay Rays 4-1 in Game 5 on October 28, 2026, ending a 44-year wait since their last World Series appearance. Attanasio, 69, has overseen a transformation in Milwaukee that saw the team set a franchise record with 103 wins during the regular season and sweep the Los Angeles Dodgers in the National League Championship Series, avenging the previous year’s defeat by the same club.

Attanasio’s approach to running the Brewers has been methodical rather than flashy. Despite Milwaukee being one of the smaller MLB markets with a $146 million payroll in 2026—ranked 19th out of 30 teams—the team emphasized building talent through advanced analytics and scouting rather than engaging in the high-spending free-agent market. This strategy has helped the Brewers evolve their farm system into one of the league’s best, with president of baseball operations Matt Arnold earning Executive of the Year honors in both 2024 and 2025. Attanasio’s philosophy is rooted in consistent competition despite financial constraints, a mindset that helped turn a struggling franchise into a regular postseason contender.

Mark Attanasio’s personal fortune and business background are equally noteworthy. Originally a Columbia Law School graduate and former attorney, he transitioned to investment banking before co-founding Crescent Capital Group, a major investment firm handling $53 billion in assets. He purchased the Brewers for $223 million in 2005; today, the franchise is valued at $1.9 billion, reflecting significant appreciation. Attanasio owns roughly 45% of the team and has amassed an estimated net worth of $1.9 billion himself. His love of baseball was cultivated in his youth in the Bronx, and owning an MLB franchise represented a fulfillment of a long-held dream.

Looking ahead, Attanasio has ambitious plans for the Brewers’ future, with substantial investments underway in renovating American Family Field. The stadium upgrade, supported by about $500 million in public funds and more than $100 million from the team, will feature new premium spaces like the Truss Club, set to open in 2027. This renovation project is part of a broader effort to solidify the Brewers’ presence in Milwaukee through at least 2050. Despite looming uncertainties due to potential MLB labor disputes, Attanasio’s stewardship has already brought the city’s first World Series trophy in over five decades, marking a historic moment for the franchise and its fans.

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