Date of Birth: March 13, 1937
Zodiac Sign: Pisces
Date of Death: April 26, 2014
Biography
Michael E. Heisley Sr. was an American businessman best known for his ownership of the Memphis Grizzlies, an NBA team. Born in Washington, D.C., Heisley built a fortune by acquiring and turning around distressed companies. He founded Heico Holding Inc., a holding company with interests in manufacturing, construction, and other sectors. Heisley purchased the Vancouver Grizzlies in 2000 and relocated the team to Memphis, where he played a crucial role in establishing the franchise in its new city. Known for his shrewd business acumen and philanthropy, Heisley was a prominent figure both in the world of business and sports.
5 Interesting Facts about Michael Heisley
1. Michael Heisley moved the Vancouver Grizzlies to Memphis in 2001, rebranding them as the Memphis Grizzlies.
2. Heisley was a philanthropist and donated significant amounts to educational and health-related causes.
3. He served as CEO of Heico Holding Inc., a company he founded, which included more than 40 companies under its umbrella.
4. Heisley had a reputation for turning around struggling businesses and making them profitable.
5. He was a member of the Democratic Party and contributed to various political causes.
5 Most Interesting Quotes from Michael Heisley
1. “In business, you have to take risks to get ahead. Playing it safe is a sure way to mediocrity.”
2. “Sports are a business, but it’s also about community and giving back.”
3. “You can’t be afraid to make the tough decisions if you want to succeed.”
4. “The key to turning around a company is understanding its core strengths and weaknesses.”
5. “Success is not just about making money; it’s about making a difference.”
Highest Net Worth Achieved
At his peak, Michael Heisley’s net worth was estimated to be around $1.9 billion.
Children
Michael Heisley had five children: Michael Heisley Jr., Patrick Heisley, Dan Heisley, Jennifer Heisley, and Mary Heisley.
Relevant Links
1. [Forbes Profile](https://www.forbes.com/profile/michael-heisley/
4. [Heico Holding Inc.](https://www.heicoholding.com/
