Alex Spanos

Alex Spanos

Overview
Alexander Gus Spanos is an American
United States
The United States of America is a federal constitutional republic comprising fifty states and a federal district...

 real estate developer and self-made billionaire of Greek
Greeks
The Greeks, also known as the Hellenes , are a nation and ethnic group native to Greece, Cyprus and neighboring regions. They also form a significant diaspora, with Greek communities established around the world....

 origin who founded the A. G. Spanos Companies
A. G. Spanos Companies
A.G. Spanos Companies is a builder of multifamily residences, commercial buildings and communities. It was founded by billionaire Alex Spanos. Spanos built the business from scratch before he was a billionaire....

 and owns the San Diego Chargers
San Diego Chargers
The San Diego Chargers are a professional American football team based in San Diego, California. they were members of the Western Division of the American Football Conference in the National Football League...

.

Spanos earned varsity letters in running and diving at the University of the Pacific in Stockton and later distinguished himself as an amateur golfer. He trained as a pilot during WWII and in the early days flew his own corporate aircraft. Spanos was the first person ever to be on the winning teams in both the Bob Hope Desert Classic in Palm Desert (1977) and the Bob Hope British Pro-Am (1980).

Spanos was one of the largest contributors to George W. Bush
George W. Bush
George Walker Bush is an American politician who served as the 43rd President of the United States, from 2001 to 2009. Before that, he was the 46th Governor of Texas, having served from 1995 to 2000....

's reelection campaign in 2004.
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Encyclopedia
Alexander Gus Spanos is an American
United States
The United States of America is a federal constitutional republic comprising fifty states and a federal district...

 real estate developer and self-made billionaire of Greek
Greeks
The Greeks, also known as the Hellenes , are a nation and ethnic group native to Greece, Cyprus and neighboring regions. They also form a significant diaspora, with Greek communities established around the world....

 origin who founded the A. G. Spanos Companies
A. G. Spanos Companies
A.G. Spanos Companies is a builder of multifamily residences, commercial buildings and communities. It was founded by billionaire Alex Spanos. Spanos built the business from scratch before he was a billionaire....

 and owns the San Diego Chargers
San Diego Chargers
The San Diego Chargers are a professional American football team based in San Diego, California. they were members of the Western Division of the American Football Conference in the National Football League...

.

Early life


Spanos earned varsity letters in running and diving at the University of the Pacific in Stockton and later distinguished himself as an amateur golfer. He trained as a pilot during WWII and in the early days flew his own corporate aircraft. Spanos was the first person ever to be on the winning teams in both the Bob Hope Desert Classic in Palm Desert (1977) and the Bob Hope British Pro-Am (1980).

Spanos was one of the largest contributors to George W. Bush
George W. Bush
George Walker Bush is an American politician who served as the 43rd President of the United States, from 2001 to 2009. Before that, he was the 46th Governor of Texas, having served from 1995 to 2000....

's reelection campaign in 2004. By contributing $5 million to 527 groups that supported the Bush campaign in 2004, Spanos ranked among the top five GOP donors. President Bush appointed Spanos to the Kennedy Center board in 2004. Spanos was inducted into the California Building Industry Hall of Fame in 2005. Spanos also received the AHEPA Award, an award that recognizes members of the community for their contributions and achievements in their chosen field of endeavor.

Spanos donated $500,000 to renovate the historic Fox Theatre
Fox Theatre
Fox Theatres was a large chain of movie theaters in the United States dating from the 1920s either built by Fox Film Corporation studio owner William Fox, or subsequently merged in 1929 by Fox with the West Coast Theatres chain, to form the Fox West Coast Theatres chain.-Architectural styles:Many...

 in downtown Stockton, and with the approval of the City of Stockton, renamed the facility the Fox California Bob Hope Theatre.

According to a 2004 article in Forbes
Forbes
Forbes is an American publishing and media company. Its flagship publication, the Forbes magazine, is published biweekly. Its primary competitors in the national business magazine category are Fortune, which is also published biweekly, and Business Week...

, Spanos was worth $1.1 billon. He has written a book called Sharing the Wealth: My Story which details his rise from a moneyless man of 27 years to become a billionaire. He started and owns A.G. Spanos Companies, one of the largest construction services companies in the United States. The corporation is based in Stockton and has 10 subsidiaries.

The Alex G. Spanos Center
Alex G. Spanos Center
Alex G. Spanos Center is a 6,150-seat, indoor multi-purpose stadium on the campus of the University of the Pacific in Stockton, California.The Alex G. Spanos Center opened on 9 September 1981 and was constructed for over $7 million dollars. It is named after Pacific alumnus and San Diego Chargers...

 in Stockton and the Alex G. Spanos Stadium in San Luis Obispo are named after him.

San Diego Chargers


In 1984, Spanos bought 60% of the San Diego Chargers
San Diego Chargers
The San Diego Chargers are a professional American football team based in San Diego, California. they were members of the Western Division of the American Football Conference in the National Football League...

 from majority owner Eugene Klein
Eugene Klein
Eugene Klein is the name of:* Eugene V. Klein , American entrepreneur and sportsman* Eugene Klein , American philatelist* Gene Simmons , aka Gene Klein, American Rock musician...

. Over the next 10 years, he bought out the shares of several small co-owners, bringing his control of the team to 97%. However, he remains partnered with retired San Diego restaurateur George Pernicano
George Pernicano
George Pernicano Pernicano, along with Barron Hilton and other prominent San Diegans, brought the San Diego Chargers to San Diego from Los Angeles in 1961. He originally owned 7% of the team, but currently retains 3%. On Sept 8, 1996, he was inducted into the Chargers Hall of Fame...

, an investor in the team since a few years after its inception. Since 1994, Spanos' son Dean has handled many of the daily operations of the franchise. According to Forbes
Forbes
Forbes is an American publishing and media company. Its flagship publication, the Forbes magazine, is published biweekly. Its primary competitors in the national business magazine category are Fortune, which is also published biweekly, and Business Week...

, in 2007 the San Diego Chargers
San Diego Chargers
The San Diego Chargers are a professional American football team based in San Diego, California. they were members of the Western Division of the American Football Conference in the National Football League...

were worth $826 million.

Personal life


Alex Spanos is married to Faye Spanos, is a father of four and lives in Stockton.

Spanos had a seven-way heart bypass in 2000, and has had surgery and underwent chemotherapy for colon cancer. After his heart bypass at Sacramento Mercy General Hospital, Spanos donated $10 million to the hospital sponsoring the construction of its new state-of-the-art heart center.

Resources