Glen Taylor Family Overview and Net Worth
The Glen Taylor family is primarily associated with Glen Taylor, a Minnesota-based businessman who built a diversified portfolio spanning retail, media, and private investments. Taylor is the founder and former chairman of Taylor Corporation, a private holding company based in North Mankato, Minnesota, that controls subsidiaries in printing, logistics, and distribution. As of the latest available public disclosures, his estimated net worth remains in the low billions, driven by stakes in Taylor Corporation, the Minnesota Timberwolves, and other private assets. Taylor has consistently ranked among the wealthiest individuals in Minnesota, with Forbes and other financial outlets tracking his holdings and transactions over time Forbes.
The Taylor family's financial profile centers on a mix of private operating companies, minority and majority stakes in sports franchises, and selective public equity positions. Glen Taylor served as the controlling owner and governor of the Minnesota Timberwolves and the WNBA's Minnesota Lynx before selling the teams in 2024 to a group led by Marc Lore and Alex Rodriguez. The sale price was reported at approximately 1.5 billion dollars, with the transaction structured to include both equity and operating control of the franchises. Public filings and sports business reports indicate that the proceeds have been partially redeployed into other private investments, while Taylor Corporation continues to operate as a major employer and business platform in the upper Midwest NBA.
Business Holdings and Key Companies
Taylor Corporation is the centerpiece of the Glen Taylor family's business empire, with subsidiaries active in commercial printing, direct mail, logistics, and fulfillment services. The company operates a network of facilities across the United States and internationally, serving clients in retail, financial services, healthcare, and government sectors. Taylor has described the corporation as a platform for long-term organic growth and selective acquisitions, with a focus on high-margin, asset-light business lines that benefit from scale and technology integration.
Major Subsidiaries and Sectors
Key operating units within Taylor Corporation include Taylor Printing Group, Taylor Logistics, and Taylor Direct Mail, which collectively handle large-volume print production, package sorting, and distribution for major catalog and e-commerce brands. The family also maintains interests in real estate and private equity vehicles that are not publicly disclosed in detail, though regulatory filings and business databases show recurring activity in the upper Midwest and select Sun Belt markets. Glen Taylor's approach has emphasized retaining operational control while partnering with institutional capital for expansion and acquisitions SEC.
Sports Ownership and Media Interests
Glen Taylor's ownership of the Minnesota Timberwolves and Minnesota Lynx made the family a prominent figure in professional sports, with the teams competing in the NBA and WNBA respectively. During his tenure, Taylor oversaw stadium upgrades, front-office restructuring, and community investment programs in the Twin Cities area. The sale of the franchises in 2024 marked a major transition, with the new ownership group committing to continued investment in the teams and their facilities ESPN.
Media and Philanthropy Links
Beyond sports, the Taylor family has supported philanthropic initiatives in Minnesota, with donations directed toward education, health care, and community development organizations. Taylor has also been associated with media and publishing ventures through Taylor Corporation's commercial printing and direct mail capabilities, which serve as infrastructure for large-scale marketing campaigns. The family's public profile remains focused on business operations, sports, and regional philanthropy rather than entertainment or media production Bloomberg.