Robert J Pera is one of the most impressive leaders in the NBA. We have seen the Memphis Grizzlies witness a turn of fate since the time he took over. Under his ownership, the team reached new heights, including their first-ever Western Conference Finals. Well, that’s quite a lot on his on-court life, and with that, let’s explore his off-court side too. Is he married? Does he have kids? Let’s dive deeper.

Is Memphis Grizzlies’ owner Robert Pera married?

Different sources on the internet say different things about Robert J Pera’s marital status. Some say he is reportedly single. But GoodReturns.com says that he’s married to Kimberly Pera and the power couple also has two children together. So, the actual news is unconfirmed until Pera provides clarification about the same/ posts any picture or statement with his family.

Well, despite his high-profile status, little is known about his personal life. That’s because he keeps his relationships private, rarely addressing them publicly. His focus remains on running the Grizzlies and growing his tech business. Robert’s low-key personal style contrasts with his energetic presence in the hoops world. With that, let’s know about his journey with the Grizzlies.

From Apple to owing Grizzlies: Robert J Pera’s journey in the NBA world

“I think he’ll be a good owner. He’s young. He’s in his 30s. I think he loves basketball. And I think he’s financially very well off. I think he’ll be an excellent owner, but that’s a job for the NBA to decide.” This is how Michael Heisley described Robert J Pera to Fox Sports when he decided to transfer the Grizzlies’ ownership to him. Pera’s journey to owning the team is both unconventional and inspiring. So before getting into the journey with the team, let’s know more about the business that helped him purchase the team.

He is a huge admirer of Steve Jobs, which led him to move to Silicon Valley and join Apple. Pera worked as a test engineer, ensuring Wi-Fi devices complied with FCC regulations. During his time at Apple, he noticed something crucial: the devices’ power sources were underutilized.

When bosses ignored his idea, he was determined to take matters into his own hands. In his free time, rather than sitting idle, he made use of the time and started experimenting with Wi-Fi technology. And this is where all the magic began!

Who knew this would lead to founding his own company? Yes, it was in 2005 when he founded Ubiquiti Networks. With $30,000 from personal savings and credit card debt, Robert J Pera launched the company.

His vision was simple: provide affordable Internet to underserved areas, where traditional providers didn’t reach. In no time, his company gained attention, with its products enabling rural and emerging markets to access the Internet.

And by 2012, his dream became a reality. The company was successful, and he had become a self-made billionaire. It earned him a spot on Forbes’ list of the world’s youngest billionaires. And ever since that, he began his journey in sports. The Grizzlies were struggling under owner Michael Heisley. After a brief playoff run, Heisley was looking to sell the team. Enter Robert J Pera. In June 2012, Pera agreed to purchase the Grizzlies for $350 million. Heisley was thoroughly impressed by Pera’s background.

When Pera took over the team in October 2012, it was a pivotal moment. The Grizzlies were coming off a strong season but lacked stability. His ownership was seen as a potential turning point. The first year of Pera’s reign was a breakout one for the Grizzlies. “We won a franchise-record 56 games. We made our first-ever Western Conference Finals appearance,” he proudly stated.

The team continued being successful over the next few seasons, with the Grizzlies winning more playoff games during his early years than in the previous 17 combined! On the other hand, his rare appearances and few public comments led to speculation about his plans. “I look forward to getting to know Memphis,” he said when he took over. In 2018, Pera announced he would retain majority ownership after a “buy-sell” process with minority partners. “Committed to Memphis as an NBA market and as the home of the Grizzlies,” he emphasized in a letter to fans.

Fast forward to 2022, and his investment has paid off. The Grizzlies’ value had increased, to $1.5 billion, according to Forbes. This proved that it was a great investment. Did you know that he is one of the richest sports team owners? Yes, you read that right. Do not be surprised to know that at the age of 46, this self-made billionaire has made the Forbes 2024 list as the 18th richest team owner (US Sports) and 100th richest individual in the Forbes 400 rankings as of 2024.

However, as Robert J Pera enters his 12th year as Grizzlies owner, his influence on the franchise is clear. $16.8 billion Pera’s commitment to Memphis remains steadfast. With stars like Ja Morant, Marcus Smart, and many more leading the way, one thing is clear, the Grizzlies’ future looks bright.