Carl Pohlad

Carl R. Pohlad (b.1915) is the owner of the Minnesota Twins baseball franchise since 1984 (succeeding Calvin Griffith). He has been widely criticised for both a seeming eagerness to allow the team to be eliminated in league contraction and a failure to spend enough of his immense wealth on improving the team. He has been defended as an owner in his willingness to continue to operate the team while losing several million dollars each year.

Related Topics:
1915 - Minnesota Twins - 1984 - Calvin Griffith

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Pohlad grew up in Minnesota. He began a series of small businesses after graduating high school. He enjoyed modest success even through the depression, during which he learned the importance of cutting costs and frugality. After the depression, he began getting into investing and the banking business. Over several decades, he built a banking empire, finally selling Marquette Bank to U.S. Bancorp in the 1980s. With a net worth of over two billion dollars, Pohlad is one of the hundred richest people in the United States.

Related Topics:
Minnesota - Marquette Bank - U.S. Bancorp - 1980s - United States

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