Key Facts
Career & Education
About
Daniel Marc Snyder (commonly known as Dan Snyder) is an American businessman, entrepreneur, and former sports franchise owner born on November 23, 1964, in Silver Spring, Maryland. He grew up in the Washington, D.C. area and demonstrated early entrepreneurial spirit by starting a business selling baseball cards at age 12. After attending the University of Maryland for two years studying business, Snyder dropped out in 1984 to pursue full-time ventures. He co-founded Snyder Communications in 1990 with his sister, Michele Snyder, an advertising and public relations firm that he took public in 1996 and sold—first to the Providence Journal Company in 1996 for approximately $500 million, then to the British firm Havas Advertising for $2.1 billion in 2000—netting him a personal fortune estimated at over $1 billion. In 1999, Snyder purchased the NFL's Washington Redskins franchise for a then-record $800 million, becoming the youngest majority owner in league history at age 34. Under his ownership from 1999 to 2023, the team, later renamed the Washington Commanders in 2022 amid controversy over its previous name, experienced on-field inconsistencies, frequent coaching changes, fan dissatisfaction, and significant off-field controversies. These included multiple scandals, federal investigations into financial misconduct, sexual harassment allegations, a toxic workplace culture, and lawsuits and protests from Native American groups over the team's former name. Following a 2022 congressional investigation and an NFL-mandated $6 million fine for workplace misconduct, Snyder sold the team in July 2023 to a group led by Josh Harris for a record $6.05 billion, a sale that included the team's stadium and headquarters and occurred amid workplace misconduct scandals and NFL pressure. Snyder's business interests extended beyond sports into media, real estate, and venture capital through his family office, Red Zebra Holdings (which included Red Zebra Broadcasting to control team media rights), investing in companies like Dick Clark Productions and real estate developments. He also owned Six Flags America from 1999–2004. He has been involved in philanthropy through the Daniel and Tanya Snyder Foundation (formerly the Snyder Foundation), supporting causes like juvenile diabetes research, children's health, education, and youth sports programs. Snyder resisted changing the team's former name for nearly two decades before rebranding amid sponsor pressure and social movements. Post-sale, Snyder has maintained a lower public profile while continuing his investments. His personal life includes his marriage to Tanya Snyder since 1996, with whom he has three children; Tanya served as the team's president during the ownership transition. He has faced personal health challenges, including a battle with lymphoma in 2022, from which he recovered. Politically, Snyder has donated to both Republican and Democratic causes but leaned conservative, with ties to figures like former President Donald Trump. His net worth is estimated at around $4 billion as of 2023, primarily from the team sale and prior business exits, though diminished by legal costs. He faced a 2023 lawsuit from the D.C. Attorney General over fan refunds.