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In 1984, Robert founded the National Bank of Tucson and In 1990, Robert co-founded the real estate company Southwest Value Partners (SWVP) with Millard Seldin. In 2004, he purchased the WNBA team, the Phoenix Mercury. Robert co-founded Southwest Value Partners, the real estate company along with Millard Seldin in 1990. Sarver didn't achieve this just as a sports team owner but also as a successful entrepreneur. His fame has allowed him to appear in commercials for several different companies. When Robert was twenty three, he founded the National Bank of Arizona, formerly known as the National Bank of Tucson. The original owners of the Phoenix Suns were Karl Eller, Donald Pitt, Bhavik Darji, Richard Bloch, Marvin Meyer, and Don Diamond as majority owners and Ed Ames, Andy Williams, and Bobby Gentry as minority owners; they owned the Suns from 1968 until 1987, when Jerry Colangelo took over. The brothers bought a 57% controlling stake from Robert Sarver for $2.28 billion, sources said, with Sarver selling his 37% stake for $1.48 billion. Marko networth, early life, Career, Relationship Status,, Noah Nicholas Reid net worth, bio, Early, Vicky Krieps-Is Vicky Krieps married? More than 40 cardiologists and researchers call the institution home in their quest to eradicate heart disease. Before passing away in 1979 from a heart attack, his father was equally well known for being a banker and hotel developer. It's very likely that Justin and Mat bought Sarver's stake alone for $1.4 billion. Robert Sarver is one of four children born to Irene Sarver and Jack Sarver. Robert Sarver acquired the Phoenix Suns for $401 million in 2004, from Jerry Colangelo, who had owned the Suns since 1987. BASKETBALL businessman Robert Sarver has owned the Phoenix Suns since 2004.A renowned businessman, Robert has made a name for himself behind the scene. The entrepreneur has amassed his wealth through his many business ventures. Because of his professional achievements, Robert Sarver is well-liked by his peers. Robert Sarver possesses nearly $800,000,000 net worth as of 2022. Robert Epstein . In September of 2022, Robert Sarver was suspended by the NBA for one year and fined $10 million after an investigation found that he had used the "N-word" at least five times. Local revenues divided by metro population with populations in two-team markets divided in half. From his net worth in 2017-2018, which was predicted to be about 640 million dollars, to his net worth in 2022, which is projected to be around 800 million dollars, Robert Sarver's net worth has steadily increased. Net of arena revenues used for debt payments. Compares the number of wins per player payroll relative to the rest of the NBA. Robert has not yet won any prizes, but he has won many things, including several successes and many financial rewards. Robert Sarver has a net worth of nearly $800,000,000 as of 2022. 2. Fletcher Net Worth 2023: Earnings Career Assets Age Car, Tommyinnit Net Worth 2023: Twitch Minecraft Youtube Income, Jake Paul Net Worth 2023: Boxing Income Cars House Wealth, D.C. Young Fly Net Worth 2023: Earnings Career Age Home Cars, Island boys Net Worth 2023: Online Income Career House Cars. . Including a 12-car garage and 12 courtyards, this property has nearly all the amenities one wishes. Sarver hails from Tuscon, Arizona, and began his career working for his father's company, American Savings and Loan at just 16 years old. Robert Sarvers wife is Penny Sanders also known as Penny Sarver and Penny Sanders Sarver; she is the proud mother of Mr. Sarvers three sons. For example at one point Shaq and Jeff Bezos were reported to be the leading candidates. Max Sarver is currently an Investment Banking Summer analyst for the Stifel Financial Group; before that, he did internships for the Commercial Real Estate and KBW in New York. Robert Sarver is an American sports team owner and businessman who has a net worth of $800 million dollars. Sarver . Ever since Jae Crowder and the Phoenix Suns agreed to go their separate ways during training camp, rumors have swirled about the veteran forward eventually landing with the Milwaukee Bucks. Additionally, according to the updates, he had a net worth of approximately $760 million in 2021. However, there are several factors that affect a celebrity's net worth, such as taxes, management fees, investment gains or losses, marriage, divorce, etc Christian Petersen / Getty Images file Sept. 14, 2022, 6:32 PM UTC Kevin Durant is now a member of the Phoenix Suns. Sarver has supervised significant organizational changes since buying the teams. The Phoenix Suns and Mallorca's owner Mr. Robert Sarver has a net worth estimated at $400 million as of March 2021; the son of Jewish parents Jack and Irene Sarver was born and raised in Tucson, where he attended Sabino High School and later the University of Arizona, from where he graduated in 1982, with a bachelor's degree in business administration. However, in the final, the team lost to the Bucks. Robert Sarver's wife has confirmed she contacted three former Phoenix Suns employees. Jody co-founded the Paul G. Allen Family Foundation in 1990 and has donated more than $469 million in grants to over 1,400 nonprofit organizations. 2023 Forbes Media LLC. In fairness, the report found that Sarver's usage occurred when he was "recounting the statements of others" and his usage was not motivated by racism. He is also the owner of the NBA team, Phoenix Suns, the WNBA team Phoenix Mercury, and the Spanish Football Club RCD Mallorca. Celebrity Net Worthrecently estimated his wealth at a total of $800 million. Apart from the bank, he was involved in other businesses as well like real estate as he started the company Southwest Value with his partners in 1995. Be the first one to comment on this story. Your email address will not be published. Later, he expanded the banks operation statewide and changed its name to the National Bank of Arizona. They have since welcomed three sons, Max, Jake, and Zach. His real estate development company earned $274.5 million from Santa Ana real estate firm the sale of Emerald Plaza and two office buildings in San Diego. The sale process of the team could be complicated. Former Suns coach . Adam22 Net Worth: How Rich is the YouTuber Actually in 2023? Hes clearly a wealthy man, having purchased the Phoenix Suns in 2004 for $401 million. Robert started his career by establishing his National bank in Tucson in 1984 which later changed to the National Bank of Arizona and in the state. Monthly Income/Salary . Maax, Zachary, and Jacob are their three children. Supa Cent Net Worth: How Rich is Raynell Steward Actually? PayPal threatened to pull its sponsorship after the 20222023 season if Sarver were reinstated post-suspension. who are worth about $1.8 . UFC 285 Results: Cody Garbrandt Defeats Trevin Jones In Return To The Octagon, The Early Returns Of Kevin Durant In The Phoenix Suns Offense, tv: Bally Sports Arizona; radio: Arizona Sports KTAR 98.7, KSUN 1400. 12. Robert Sarver is a 60 years old American businessman, who co-founded a real estate development company, Southwest Value Partners. This report convinced the NBA to commence an investigation into its accuracy. Robert age is 60 years as of in 2021 and his birthplace is Tucson. We welcome all corrections and feedback using the button below. At the time, it was a record purchase price for a pro team. Lets start with Jake Sarver, Robert Sarver and his wife Pennys son Jake Sarver graduated in 2018 from Phoenix Country Day School with a 3.9 GPA; he is currently pursuing a bachelors degree in business at the University of Southern California, Jake Sarver (current GPA 3.6) earned Academic Deans List his sophomore year. Robert and his Penny are involved in various charity works. He was born to his parents, Jack and Irene Sarver. The brothers bought a 57% controlling stake from Robert Sarver for $2.28 billion, sources . Phoenix Suns and Mercury owner Robert Sarver at the WNBA Finals in Phoenix on Oct. 13. . Robert Sarver is a businessman and co-founder of real estate company Southwest Value Partner. . Besides Phoenix Suns, he also owns a WNBA team, Phoenix Mercury, and a football team, RCD Mallorca. . In 2016, Robert Sarver bought the Spanish second division football team RCD Mallorca for over $20 million. At the time of the sale, Robert Sarver owned 35% of the suns, meaning his stake in the sale would be worth $1.4 billion pre-tax. Celebrity Net Worth recently estimated his wealth at a total of $800 million. He went on to found the National Bank of Tucson in 1984. . ESPN's bombshell report in which over 70 former and current Suns employees described a toxic workplace created by Robert Sarver, the owner of Phoenix's NBA and . According to ESPN.com, Forbes recently estimated the Phoenix Suns total value to be $1.8 billion. Phoenix Suns and Mercury owner Robert Sarver attends Game Two of the 2021 WNBA Finals at Footprint Center on October 13, 2021 in Phoenix, Arizona. In addition, Sarver received a one-year suspension from the NBA for his behavior. He owned 35% of the team at his peak of control. You may also like: Tony Townley. Robert Sarver is the owner of both the Phoenix Suns and Phoenix Mercury. After running the bank for a decade, in 1994, he sold the bank to Zions Bancorporation. John Fetterman Net Worth: How Rich is Pennsylvanias Senator? According toESPN.com,Forbesrecently estimated the Phoenix Suns total value to be $1.8 billion. Under Sarvers direction, the Suns spent $230 million expanding and renovating the Footprint Center in 2021. Suzzanne Douglas Net Worth: How Rich was the Actress Actually. Robert started working for his fathers firm, American Savings, and Loan when he was 16 years old. Earnings before interest, taxes, depreciation and amortization. Max Sarver graduated in 2016, from Brophy College Preparatory and in 2020 with a degree in economics and financial economics from Claremont McKenna College. Replying to @Baxter. Playoff wins count twice as much as regular season wins. In 2004, Roberts next big venture would be the $274.5 million sale of the Emerald Plaza and adjacent office buildings to Triple Net Properties. In January 2021, he took the company . The improvements, of course, do not excuse poor conduct. 8. He gained the limelight for being a wealthy businessman who has ownership of a real estate development company. He graduated from the University of Arizona with a degree in Business . Former UFC Mens Bantamweight champion Cody Garbrandt celebrated a triumphant return to the Octagon on Saturday night. Since he purchased the Suns, the NBA team has overseen massive organizational developments. Following the success of his many financial ventures, Robert turned his attention to his other great love: sports. Later, his real estate company bought Emerald Pizza in 1995, which was later sold to Triple Net Properties for a whopping $274.5 million. Tabitha Brown Net Worth: How Rich is the Actress Actually? After earning a fortune by starting several banks, Robert Sarver became nationally known for owning the NBA's Phoenix Suns. So whats his net worth now and is Sarver really a billionaire? That's the upper limit of a fine allowed by the NBA. This Renovation includes ultra-modern amenities, premium seating options . If you would like to change your settings or withdraw consent at any time, the link to do so is in our privacy policy accessible from our home page.. He blamed an unforgivable climate and wrote that whatever good he had done, or could still do is outweighed by things he had said in the past. He later extended it statewide and renamed the National Bank of Arizona. Robert earns his living by being an American businessman who owns Phoenix Mercury, RCD Mallorca, and an American sports team. Robert Sarver was born on 31st October 1961 in Tucson, the USA to Irene . He eventually bought the Phoenix Suns for $401 million in 2004. Many believe the Suns' sale will be worth more, perhaps even reaching $3 billion, meaning Sarver's stake could be worth more than $1 billion in the sale. As per sources, The Suns are valued at $1.8 Billion in 2021, and Robert is the majority shareholder of the franchise. Kathy Grace Ambush Net Worth, Age, Career, Early Life, Bio! Later, he attended the University of Arizona and earned a bachelors degree in Business administration in 1982. However, given the seemingly unattainable levels of wealth typical of professional sports team owners, it isnt surprising that many assume Sarver to be a billionaire. She is best known for her 2021 released song, Carla Diab Net Worth: How Rich is the TV Star Actually in 2023? Robert is a successful American businessman who also owns RCD Mallorca, Phoenix Mercury, and an American sports franchise. (adsbygoogle=window.adsbygoogle||[]).push({}) The Lawyer's Net Worth, Salary,, How Rich Was Rainer Schaller? Robert Sarver is a businessman and co-founder of the real estate company Southwest Value Partner with a net worth of $800 million US dollars. "While we are proud of the our progress and the culture and respect and integrity we are building, we know there remains work to do and relationships to rebuild. Sarver was born in Tucson, Arizona on October 31, 1961. However, now that is selling the franchise, the Phoenix Suns are ready to move forward without Sarver. Chris Paul of the Suns called Sarvers behavior atrocious and called for tougher penalties. A conversation with University of Arizona basketball coach Lute Olson sparked Sarver's lifetime desire to own an NBA team. Robert started what was then called the National Bank of Tucson in 1984. Considerable infrastructure upgrades were also made throughout the renovation, making the arena one of the greenest in all American sports. It's undeniable that Sarver has helped the organization in many ways. He became known as a successful businessman who owns a real estate development company. The couple lives in Paradise Valley, Arizona, and they have three sons together. Save my name, email, and website in this browser for the next time I comment. Some of our partners may process your data as a part of their legitimate business interest without asking for consent. The NBA is currently launching an investigation on him and the Phoenix Suns for fostering a misogynistic environment. . In December 2022, Robert reached a deal to sell the Suns to a group of investors led by mortgage tycoon Mat Ishbia at a $4 billion valuation. Robert Sarvar offered 20 million for control of the Scottish football club Rangers Football Club in . Peter Marco Net Worth: How Rich is Peter Marco Actually? Whether it is arrogance or apathy, the Phoenix fans are not very happy about Sarver's antics, whether he moves the team or not. The estimated value of Robert Sarver is $800 million. Sarver has been under investigation since allegations of misconduct and mistreatment within the organization surfaced in November 2021. Nevertheless, after two years, he sold Grossmont Bank to Zions Bancorporation. Besides owning the Phoenix Suns, he also owns the WNBA team, Phoenix Mercury. As previously noted Jack Sarver passed away in 1980 and his momma Irene died at the age of 95, on July 6, 2015. After everything Robert Sarver has accomplished as an individual, his net worth is $800 million. In 1991, the two individuals who eventually became into a relationship crossed paths for the first time. Robert Sarver Net Worth, Biography, Age, Wife, Height, Weight, and many more details can be checked on this page. By Sopan Deb and Kevin Draper. Robert Sarver Net Worth. A year later, he bought Grossmont Bank, the largest bank in the San Diego, California area. Nov 4, 2021. According to The Paddock Magazine, the Iranian-American businessman has a net worth of $3.5 billion as of July 2021. He talked to and about Suns employees and their bodies in a . The former undrafted free agent's contract includes $1.4 million in remaining guaranteed salary. Hannah Chody Net Worth: How Rich is the Business Executive? Liverpool legend Roberto Firmino has offered himself to FC Barcelona through his agent, according to a report. After two games, Kevin Durant looks to be extremely comfortable in the Phoenix Suns' offense. He gained notoriety among internet users after looking into Phoenix suns. For months there were rumors of numerous parties who were apparently interested in buying the Suns. Together, they share three kids named Maax, Zach, and Jake. Robert is a successful American businessman who also . He is 60 years old now. They have been donating to the Heart Center since 1998. Revenue and operating income are for 2021-22 season and net of revenue sharing and arena debt service. Current team value compared with latest transaction price. Phoenix Suns made it to the NBA Finals for the first time in 2021. Following the suspension, he made an announcement on September 21 that he would start the process of selling both Phoenix-based basketball teams. He also became a certified public accountant in 1983. Businessman Jack Sarver, Roberts dad, built landmarks, including the Aztec Inn and the Plaza International Hotel (now Aloft Hotel). He took over as head of Western Alliance Bancorporation in 2003. You may also like: Tony Townley. Jahm Najafi, vice chairman of the Suns and a minority owner, called for Sarvers resignation. In 1990, co-founded Southwestern Value Partners alongside Millard Seldin. Giving to the Heart Centers cause began in 1998. Also know about Robert Sarver bio, salary, height, age weight, relationship and more Robert Sarver Wiki Biography. That may not sound like a lot in 2019, but 25 years ago it was a considerable financial risk. Robert completed his high school graduation from the Sabino High School in 1979, Then, he attended the University of Arizona, from where he held his University graduation in 1982 in Business Administration. Value of team based on current arena deal (unless new arena is pending) without deduction for debt. The University of Arizona,Sabino High School,UA Eller College of Management. In 2021, ESPN published an article about Sarver's misconduct within the Phoenix Suns. However, now that is selling the franchise, the Phoenix Suns are ready to move forward without Sarver. The estimated value of Robert Sarver is $800 million. In January 2016, he purchased the football team, RCD Mallorca. Peter Marco Net Worth: How Rich is Peter Marco Actually? Prior to the NBAs decision on the fine and suspension, pressure mounted from other sources to release Sarver from the job. The Emerald Plaza and other two office buildings were sold to Santa Ana real estate firm by his real estate company in 2004. After she graduated from the University of Oklahoma Penny Sarver moved to Tucson, where she got a job marketing book for universities for Prentice Hall. Robert Sarver's Annual Income. Disclaimer: The above Robert Sarver net worth is sourced from various websites and media reports. His team, the Phoenix Suns, have an estimated worth of $1.55 billion with an investment of only $400 million. Besides Phoenix Suns, he also owns a WNBA team, Phoenix Mercury, and a football team, RCD Mallorca. He is further accused of making racially insensitive comments and creating a misogynistic environment which is eventually discouraging women in the WNBA team, Mercury. The NBA today issued the following statement. On September 21, Sarver announced his plans to sell his two Phoenix-based NBA teams, Suns and Mercury after racism and misogyny allegations. American businessman. . After everything Robert Sarver has accomplished as an individual, his net worth is $800 million. been under investigation since allegations of misconduct and mistreatment within the organization surfaced in November 2021. Robert Sarver co-founded Southwest Value Partners with Millard Seldin in 1990, and in 1995 the company purchased the Emerald Plaza in San Diego. Please logout and login again. You May Also Like Robert Sarver Net Worth: How Rich is the Businessman Actually? The primary source of his income comes through his business ventures, investments, and collaborations. At the November 6 Phoenix Suns home game against the Atlanta Hawks, team owner Robert Sarver was nowhere to be seen at Footprint Center . The 43-year-old said that Celsius Holdings Inc. had previously broken the agreed-upon terms of a deal that they had made in 2014. Robert Gary Sarver was born in Tucson, Arizona, on October 31, 1961. The Actor's Net Worth, Salary,, How Rich Is Dean Spanos? The company purchased a building named Emerald Plaza based in San Diego in 1995. The New England Patriots plan to release 37-year-old quarterback Brian Hoyer at the beginning of the 2023 league year, as first reported by SiriusXM NFL's Adam Caplan. Robert also enjoys playing volleyball, tennis, and golf, among other sports. The Phoenix Suns and Mallorcas owner Mr. Robert Sarver has a net worth estimated at $400 million as of March 2021; the son of Jewish parents Jack and Irene Sarver was born and raised in Tucson, where he attended Sabino High School and later the University of Arizona, from where he graduated in 1982, with a bachelors degree in business administration. Disgraced Phoenix Suns owner Robert Sarver had the maximum fine imposed as well as a one-year suspension from the NBA. . . He recently contributed to the expansion of the Footprint Center with a $230 million investment in 2021. Led by the eye-popping $7 billion Golden State Warriors, the average NBA team is now worth $2.86 billion, 15% more than a year ago, an impressive feat considering the stock market is down more than 15% over the same span. May 2022. Official release. When Sarver purchased the Suns 18 years ago in 2004, he paid a reported $401 million. Most Significant Milestones In Robert Sarver's Net Worth. He expanded the bank statewide and also changed its name to the National Bank of Arizona. Photograph: Harry How/Getty Images Pin. He was recently suspended for one year and was fined $10 million for sexual harassment and racism. Your login session has expired. Tech Leader and Launch House Founder Brett Goldstein Talks about the Power of Accelerators, 4 Celebrities with Inspiring Weight Loss Stories and How They Achieved It, Josh Duhamel Tops Halloween costume Contest With Wife Audra In Anna Nicole Smith and J. Howard Marshall garb, Khloe Kardashian Baby Boy Makes His Social Media Debut In Cutest Way. Bayern Munich Remain First But Must Switch Off Complacency Ahead Of PSG Fixture, New England Patriots Reportedly Set To Release Brian Hoyer, Leaving Two In The Quarterback Room, Liverpool Legend Roberto Firmino Reportedly Offers Himself To FC Barcelona, Brock Lesnar Reportedly Finishing Up Current WWE Run, Kevin Durant Gives Phoenix Suns The Ultimate Pick Your Poison Weapon, Kevin Durant Trade To Suns Shakes Up NBA Title Odds. In order to launch his career, Robert founded a national bank in Tucson in 1984. Nov 4, 2021. The entrepreneur has amassed his wealth through his many business ventures. However, both organizations had to endure Sarver's poor behavior. Getty Images. Celebrity Net Worth recently estimated his wealth at a total of $800 million . Save my name, email, and website in this browser for the next time I comment. Compares the number of wins per player payroll relative to the rest of the NBA. Thu 4 Nov 2021 14.58 EDT Last modified on Tue 9 Nov 2021 06.26 EST. He also invested his money in various other ventures like an NBA team, Verizon 5G Performance Center, WNBA Phoenix Mercury, etc. Compare Robert Sarver's Net Worth. Robert Sarver was the owner of the most expensive house and biggest house in Arizona; his 28,043-square-foot mansion located at 5710 N Yucca Road, featured five bedrooms, a two-bedroom guest house, a full-size basketball court, Camelback Mountain views, Robert Sarver and his wife Penny bought it in 2007; they sold this property for $19.25 million in November 2019, to 2123 Partnership LLC. Her brother, Paul, had a portfolio worth $20 Billion at the time of his death. PayPalthreatened to pull its sponsorship after the 20222023 season if Sarver were reinstated post-suspension. According to Celebrity Net Worth, Sarver is estimated to be worth $400million. Just how much money Sarver has currently is up for a bit of debate. He later purchased the Grossmont Bank which he once again sold to the Zion Bancorporation in 1997 and Sumitomo Bank of California a year later. As the proprietor of the prominent real estate development firm Southwest Value Partners, he has gained fame. To view the purposes they believe they have legitimate interest for, or to object to this data processing use the vendor list link below. When provided, we also incorporate private tips and feedback received from the celebrities or their representatives. Robert Sarver was born in 1961, in Tucson, Arizona USA of Jewish descent, and is a businessman, best known to be the majority owner of the National Basketball Association (NBA) team, the Phoenix Suns. Portion of franchise's value attributable to its city and market size. Just how much money Sarver has currently is up for a bit of debate. Source: Prime Time Sports Talk. In 2004, Southwest Value Partners sold the Emerald Plaza and two San Diego office buildings to real estate firm Triple Net Properties for $274.5 million. Till 2003, he dealt with banking services. Many in the sports world, including L.A. Laker LeBron James, criticized Silver for being too lenient with the suspension, which could have been longer. All About Scott Frost Net Worth, Source Of Income, Real Estate Holdings! - Gain full access to our premium content, - Browse free from up to 5 devices at once. A lifelong basketball fan, Robert purchased the Phoenix Suns with a group of investors in 2004 for $400 million. Sarver, who was born on October 31st, 1961, is now 60 years old. Back in 1996, he tied the knot with Penny. Bailey Zimmerman Net Worth: How Rich is the Singer Actually? On 13 September 2022, the NBA suspended Robert for 1 year after an . MacKenzie Scott Net Worth, Source Of Income, Charity Involvements! Sarver has been suspended for one year from . As of 2021, Robert Sarvers personal wealth is estimated to be around $800 million. In 1983, he was a public accountant because of his degree. Updated. In other words, they did not buy the entire team for $4 billion. As of 2023, Robert Sarver net worth is roughly around $800 million. He made $700 million in 2020 and around $660 million in 2019. Robert Sarver, Phoenix Suns Net Worth: $400 Million. Robert earns his living by being an American businessman who owns Phoenix Mercury, RCD Mallorca, and an American sports team. Aside from Sarver's unprofessionalism, he is an ill-mannered owner overall. Owner Robert Sarver, citing an "unforgiving climate" following his suspension and fine for racist and misogynistic remarks, announced his plans to sell the NBA's Suns and WNBA's Mercury. One of San Diego's biggest community banks, Grossmont Bank, was purchased by Sarver in 1995. He is also recognized for his Lucki is an American rapper best known for his 2013 debut mixtape, Alternative Trap. In 1995, he acquired Grossmont Bank, a significant community financial institution in San Diego. Portion of franchise's value attributable to revenue shared among all teams. Net Worth: $800 Million. His father was also known for being a hotel developer and banker before he died in 1979 because of a heart attack. A score of 120 means that the team achieved 20% more victories per dollar of payroll compared with the league average during the 2021-22 season. He rose to prominence as a successful businessman who owns a real estate development firm. Owner Robert Sarver announced in September he would sell the franchise amid racism allegations. . He is a successful American businessman who also owns RCD Mallorca, Phoenix Mercury, and an American sports franchise. You may also like: Tony Townley. The N.B.A. However, the legal team of Sarver refuted the majority of claims. Robert Sarver Early life. Sarver and the Suns oversaw a $230 million renovation and expansion of Footprint Centre in 2021. The employee was 25 . Sarver sold his Paradise Valley House for $19.25 million in November 2019. Robert Sarver was born on the 31st of October, 1961 in Tucson, Arizona, United States. He lost his father due to a heart attack in 1979. Robert attended Sabino High School to finish his schooling. The blockbuster trade that sent Kevin Durant to the Phoenix Suns from the Brooklyn Nets has shaken up the odds to win the NBA championship. He and the Suns oversaw a $230 million expansion and renovation of Footprint Center. Together with Millard Seldin, Sarver founded Southwest Value Partners in 1990. In the ESPN story, Sarver admitted to, and apologized for, "pantsing" a 25-year-old male employee in front of more than 60 other employees.