Peter Seidler was an American businessman who was the chairman and owner of the San Diego Padres, a Major League Baseball team.
He was also the founder and managing partner of Seidler Equity Partners, a private equity firm.
He was a member of the O’Malley family, which had owned the Brooklyn/Los Angeles Dodgers for nearly 50 years.
Peter Seidler died on November 14, 2023, at the age of 63
Peter Seidler Biography
Peter Seidler was born in Alhambra, California, on November 7, 1960.
He was the grandson of Walter O’Malley and nephew of Peter O’Malley, who had owned the Brooklyn / Los Angeles Dodgers of Major League Baseball (MLB).
He earned a bachelor’s degree in finance from the University of Virginia and a Master of Business Administration from the University of California, Los Angeles.
While at Virginia, he joined Delta Upsilon Fraternity.
Seidler founded a private equity firm, Seidler Equity Partners in Marina del Rey, California, in 1992. He was the managing partner.
The firm had an estimated $1.8 billion in assets under management in 2020 and $3.5 billion in 2023.
In 2012, Seidler, his uncle Peter, and Ron Fowler formed the O’Malley Group, which purchased MLB’s San Diego Padres from John Moores.
On November 18, 2020, MLB approved the transfer of the role of chairman from Fowler to Seidler, who purchased part of Fowler’s stake in the team to become the largest stakeholder.
Seidler increased the Padres’ payroll to $214 million for the 2022 season, which was the sixth-highest in MLB.
The Padres reached the 2022 National League Championship Series. The Padres payroll increased to $237 million for the 2023 MLB season, the third-highest in MLB.
He authorized the acquisitions and contract extensions to star players, including Xander Bogaerts, Yu Darvish, Manny Machado, Fernando Tatís Jr., Juan Soto, Josh Hader, and Joe Musgrove.
Peter Seidler wife
Peter Seidler’s wife is Sheel Seidler, a yoga teacher and spiritual practitioner.
Sheel is the founder of Kundalini With Sheel, an online platform that offers classes and workshops on Kundalini yoga, meditation, and wellness.
She also teaches at Buddhi Yoga in La Jolla, California. Sheel and Peter met in 2009 and got married in 2010. They share a passion for baseball and philanthropy.
Peter Seidler Children
Peter Seidler had three children with his wife Sheel Seidler, a yoga teacher and spiritual practitioner.
However, he and his wife have kept information about their children private and have not revealed their names or ages to the public.
Peter Seidler Parents
Peter Seidler’s parents were Ronald Seidler Jr. and Therese O’Malley Seidler.
His father was a board member of the Los Angeles Dodgers, a Major League Baseball team that his mother’s family had owned for nearly 50 years.
His mother was the daughter of Walter O’Malley, the former owner of the Dodgers, and the sister of Peter O’Malley, the former president of the Dodgers.
Peter Seidler Siblings
Peter Seidler had nine siblings. However, only one of them, Tom Seidler, is involved with the San Diego Padres as a senior vice president.
The names and details of the other eight siblings are not publicly available.
They are all children of Ronald Seidler Jr. and Therese O’Malley Seidler, who were both board members of the Los Angeles Dodgers.
Peter Seidler Family
His grandfather, Walter O’Malley, who was the owner of Los Angeles Dodgers.
His mother, Therese O’Malley Seidler, who co-owned the Dodgers with her brother.
His uncle, Peter O’Malley, who was the president of Dodgers for nearly three decades.
His brother, Tom Seidler, who is the Senior Vice President of the San Diego Padres.
His wife, Sheel Seidler, who is a yoga instructor.
His three children, two daughters and one son
Peter Seidler Net worth
Peter Seidler’s net worth is not publicly available. However, some sources estimate that he and his co-owner Ron Fowler have a combined net worth of $500 million.
This is based on their ownership of the San Diego Padres, which is worth $1.58 billion, and their other businesses and investments.
Peter Seidler Cause of death
The cause of death of Peter Seidler is not publicly disclosed by his family.
However, according to some sources, he had been battling an illness for some time and had undergone a medical procedure in August 2023, which prevented him from attending any further games in the 2023 season.
Peter Seidler Illness
He was a two-time cancer survivor and had type 1 diabetes. He died in San Diego on November 14, 2023, at the age of 63.
Source: www.www.atinkanews.net
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