Dell Loy Hansen
Dell Loy Hansen | |
---|---|
Born | 1951 or 1952 (age 72–73) Salina, Utah, U.S. |
Known for | Ownership of The Wasatch Group |
Dell Loy Hansen is an American business magnate and philanthropist best known for founding the
Career
Hansen was born in
Hansen started a home-building business that closed during a savings and loan crisis in 1988.[2] Hansen founded the Wasatch Group later that year, taking over government-seized real estate from the Resolution Trust Corporation for resale. The company later expanded into commercial office development and management, including the ownership of high-rise buildings in the Salt Lake City area.[3] The Wasatch Group manages over 100 properties in the Western United States and employs 1,700 people. Hansen’s Venture Capital Group, Wasatch Equity Partners, has provided funding and support for many local and nationwide businesses formed in Utah. Hansen also owns Broadway Media, which manages several radio stations in Utah.[6]
Hansen received many awards, highlighting his charitable giving and entrepreneurial success. These awards include the 2017 Pioneer of Progress Award, 2014 Cache Chamber of Commerce Economic Impact Award, 2001 Utah State University Distinguished Alumni Executive Award.
Philanthropy
Hansen is a philanthropist and a major proponent of giving back. Through his charitable organization, The Dell Loy Hansen Family Foundation, many millions of dollars have been given to causes within the state of Utah and beyond. The focus of donations has been centered around amplifying Utah’s arts and culture, mitigating needs for educators, providing structured support to the local communities, environmental conservation, health and wellness, and empowering individuals.
Hansen’s most recent charitable focus has been on providing support to civilians impacted in Ukraine following the 2022 Russian invasion. He has donated millions to support efforts to rebuild housing and feed those impacted by the war. Hansen has worked to house thousands of civilians, provided jobs for hundreds of people, and providing tens of thousands of daily meals, in addition to helping support psychological rehabilitation of Ukrainian children.
Further charitable efforts from Hansen include generously supporting medical innovation through an Intermountain Health heart study, funding a nonprofit domestic violence recovery center, conserving our environment, and supporting local schools & education, communities, and arts & theater. Much of his philanthropic giving has included millions in scholarships for underserved communities.
Personal life
Hansen married his first wife Karla Axtell, and they had six children together. Their daughter Robin played college soccer for the Utah State Aggies in 2012.[20] He was married again in 1997 to Lynnette Hansen, a business executive and philanthropist.[21] Hansen is currently married to Julie Aiken Hansen.[22] Hansen has a passion for collecting rare coins. In 2019, Hansen acquired a rare 1894-S Barber dime for $1.3 million.[23][24]
Sports ownership
Hansen bought a minority stake in the ownership of
Under Hansen's ownership through Utah Soccer LLC, Real Salt Lake launched a reserve team,
On August 30, 2020, MLS and NWSL announced that Hansen would explore selling Real Salt Lake, Real Monarchs, and the Utah Royals.[17][18] In December 2020, Utah Soccer LLC announced that the Royals would move to Kansas City while a new franchise in Utah would be re-established in 2023.[19]
References
- ^ Jensen, Maren (April 9, 2017). "Person 2 Person: Dell Loy Hansen, businessman & Real Salt Lake owner". KUTV. Retrieved August 31, 2020.
- ^ a b Oliphant, Aisely (January 25, 2016). "Dell Loy Hansen: At the Helm of a Modern Business Empire". Utah Business. Retrieved August 31, 2020.
- ^ a b c House, Dawn (January 24, 2013). "Through life's lessons, Hansen has built an empire". The Salt Lake Tribune. Retrieved August 31, 2020.
- ^ "Alumni and Friends Directory: Dell Loy Hansen". Jon M. Huntsman School of Business. Retrieved August 31, 2020.
- ^ a b Falk, Aaron (March 18, 2013). "'I fix broken things,' says new RSL owner Dell Loy Hansen". The Salt Lake Tribune. Retrieved August 31, 2020.
- ^ Black, Michael (November 19, 2009). "Hansen couldn't resist Real Salt Lake — and cacciatore". Deseret News. Retrieved August 31, 2020.
- ^ Kamrani, Christopher (January 20, 2016). "Real Salt Lake owner Dell Loy Hansen has plans for 'world-class' soccer facility, academy in Salt Lake Valley". The Salt Lake Tribune. Retrieved August 31, 2020.
- ^ Genessy, Jody (February 28, 2018). "A silly daydream becomes a 'spectacular' dream come true with RSL's soccer campus". Deseret News. Retrieved August 31, 2020.
- ^ Davidson, Lee (November 26, 2017). "How Real Salt Lake scored with a huge tax break that went unnoticed — until now". The Salt Lake Tribune. Retrieved August 31, 2020.
- ^ Lee, Maddie (April 27, 2018). "How did Dell Loy Hansen end up with the Utah Royals? His friend, Portland Thorns owner Merritt Paulson, helped". The Salt Lake Tribune. Retrieved August 31, 2020.