Lore is also the newest NBA owner having purchased the Minnesota Timberwolves and Minnesota Lynx in 2021 with his friend and business partner, Alex Rodriguez.
Lore is the lead and largest investor in Archer, an aerospace company building an all-electric vertical takeoff and landing aircraft focused on improving mobility in cities. He is also Co-Founder and investor of Wizard, a company transforming e-commerce with conversational AI, and Mojo, a sports stock market, where fans can use their knowledge to invest in sports like never before.
Telosa is Lore’s legacy project – a city he is building from scratch to test a new model for society, called Equitism. The city will eventually house five million residents and plans to set the global standard for urban living and expand human potential by becoming a blueprint for future generations.
Prior to this, Lore started and sold four companies, most recently, Jet.com which was acquired by Walmart in 2016 for $3.3 billion. Until 2021, Lore served as the president and CEO of Walmart U.S. eCommerce. Lore was also the co-founder and CEO of Quidsi, the parent company of e-commerce websites Diapers.com, Soap.com, Wag.com, and more. The company was sold to Amazon in 2011 for $550 million.
He graduated from Bucknell University, receiving a Bachelor of Arts in business management and economics.