Robert Sarver is the majority owner of the National Basketball Association franchise Phoenix Suns.
Background
Sarver was born to a Jewish family in Tucson, the son of Irene and Jack Sarver. His father was a prominent Tucson businessman, banker and hotel developer (the elder Sarver built the Aztec Inn, the Plaza International Hotel (now an Aloft Hotel) at Speedway and Campbell in Tucson in the early 1970s, built and operated the Tucson area Howard Johnson"s locations, and headed a local savings and loan).
Career
He bought the National Basketball Association franchise from Jerry Colangelo in the spring of 2004. He is also the owner of the Women"s National Basketball Association franchise Phoenix Mercury and Segunda Division club RCD Mallorca. Jack Sarver died of a heart attack in 1979.
Robert Sarver would eventually donate to his alma mater, the University of Arizona, funds to its heart research center, which in 1998 was renamed the Sarver Heart Center in honor of his father.
At age 16, he went to work for his father"s company, American Savings and Loan. Sarver is a 1979 graduate of Sabino High School in Tucson and a 1982 graduate of the University of Arizona with a bachelor"s degree in business administration.
In 1983, Sarver became a certified public accountants In 1984, Sarver founded the National Bank of Tucson (which he expanded statewide and change the name to the National Bank of Arizona).
In 1994, he sold the National Bank of Arizona, then the largest independent bank in the state, to Zions Bancorporation.
In 1995, he acquired Grossmont Bank, one of San Diego"s largest community banks. Grossmont was also sold to Zions Bancorporation in 1997. In 1998, he led Zions Bancorporation"s acquisition of Sumitomo Bank of California.
In 2003, he became chairman, president, and Chief Executive Officer of Western Alliance Bancorporation.
Phoenix Suns
A lifelong sports fan, Sarver"s quest to purchase an National Basketball Association team began with a conversation with University of Arizona basketball coach Lute Olson. Olson referred Sarver to Steve Kerr, a former player at Arizona and a 15-year National Basketball Association veteran, to assist him in buying an National Basketball Association franchise.
In 2004, he purchased the Suns for a record $401 million. Morris. Rangers
On the 8th January 2015, Robert Sarver offered £20 million for control of Scottish football side Rangers Football Club, having previously had a bid of £18 million turned down a couple of weeks earlier.
The second offer was also rejected, and Sarver ended his pursuit to buy Rangers.
RCD Mallorca
On the 4th January 2016, Robert Sarver bought RCD Mallorca, a spanish second division football team for 20.000.000€.