The longtime owner of the Chicago Bears, Virginia McCaskey, had an estimated net worth of $1.3 billion at the time of her demise in 2025.
Virginia Halas McCaskey was the principal owner of the Chicago Bears and the only daughter of the team’s founder, George Halas.
She took over the team after her father’s death in 1983 and her brother’s death in 1979.
Under her leadership, the Bears won Super Bowl XX in 1985.
Tragically, she passed away on February 6, 2025, at the age of 102. However, the cause of her death is not publicly disclosed, but it was reported that she perished due to natural causes.
Despite Her Billionaire Status, Virginia Led a Humble Lifestyle!
Virginia McCaskey, the owner of the Chicago Bears, an NFL team, was living a humble lifestyle and financially sound.
At the time of her death in 2025, her net worth was estimated to be around $1.3 billion.
Her primary source of income was her ownership of the Bears, which she inherited from her father.
This wealth came primarily from her ownership of the Chicago Bears, which has grown significantly in value over the years.
She inherited the team from her father, George Halas, who was the founder and original owner of the Bears.
Her career in the NFL began in an administrative role, working as her father’s secretary before eventually taking over the team.
The Chicago Bears have announced that Virginia McCaskey has passed away.
— Bears Nation (@BearsNationCHI) February 6, 2025
The second owner in the franchises history and owner of the team since 1983.
Best wishes to the McCaskey family. pic.twitter.com/wZdqAzJaHb
As for other business ventures, there isn’t much information available about her involvement in other businesses.
She was primarily focused on the Bears and maintaining the legacy of her family within the NFL.
Despite her immense wealth, Virginia McCaskey lived a relatively modest lifestyle.
She resided in a 1,700-square-foot home in Des Plaines, Illinois, which she purchased in 1994.
Her neighbor once remarked on her preference for simplicity, stating:
I also was impressed that she lived in our neighborhood… it’s not ostentatious. She didn’t live in a huge mansion, you know, far on a hill away from everybody. She was a regular person in the neighborhood and from all accounts, a lovely person.
On the other hand, there isn’t much information available about her car collection or any luxurious apartments or villas.
She was known for her kindness, warmth, and active role in her community rather than for flaunting her wealth.
Virginia McCaskey’s Beloved Husband, Ed McCaskey, Was The Chairman Of The Chicago Bears!
Virginia McCaskey was married to Edward W. McCaskey, who served as vice president for the Chicago Bears from 1983 until his death in 2003 at the age of 83.
They met through mutual connections in the Chicago Bears organization, as Ed was involved in the team’s operations.
They married in February 1943 and had a long and loving marriage of over six decades.
The pair had 11 children: eight sons and three daughters named Michael, Tim, Patrick, Edward Jr., George, Richard, Brian, Joseph, Ellen, Mary, and Anne.
Michael McCaskey, the eldest son, served as the Bears’ president from 1982 to 1999 and later as chairman until his retirement in 2011. However, he passed away at the age of 76 in 2020.
Tim McCaskey, who was the team’s vice president, held his position until his passing in 2011.
George McCaskey became the team’s fourth chairman in 2011 and continues to hold that position.
Patrick McCaskey, Brian McCaskey, and Edward McCaskey Jr. are all members of the Bears’ board of directors.
Additionally, she had 21 grandchildren, 40 great-grandchildren and four great-great-grandchildren.
— Chicago Bears (@ChicagoBears) February 6, 2025
All in all, Virginia McCaskey was a significant figure in the NFL and a true matriarch of the sport. Her children and grandchildren will continue her legacy.
Our heartfelt condolences go out to Virginia Mccaskey’s family and those touched by her legacy.
Her dedication and passion for the Chicago Bears will be remembered.
Rest In Peace, Beautiful Soul!
In Case You Didn’t Know
- Virginia, born on January 5, 1923, attended Drexel University, majoring in business management.
- The Chicago Bears franchise itself is valued at $6.4 billion as of 2025, making it one of the most valuable teams in the NFL.
