![]() ![]() ![]() “Powell Jobs’s investment, estimated to be hundreds of millions of dollars, will give her the second-largest stake - about 20 percent - in Monumental, the 19-member, Ted Leonsis-led holding company that is one of Washington’s highest-profile enterprises, the people said, speaking on condition of anonymity because the deal has not been approved by the NBA and NHL.” “Laurene Powell Jobs, a billionaire philanthropist, entrepreneur and president of the Emerson Collective, is buying a significant stake in Monumental Sports & Entertainment, a sprawling $2.5 billion complex that includes the NBA Wizards, NHL Capitals and Capital One Arena, people familiar with the deal said,” Thomas Heath reports for The Washington Post.
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