A decade later, he also invested in for-profit student-loan provider First Marblehead, where he still owns a 20% stake. In 1993, he bought the NBA’s team Houston Rockets for $85 million. The team won their first-ever NBA title in his first season as the owner. In 2017 the team was reportedly to be worth $1.6 billion. Leslie Alexander is also a vineyard owner and producer through a company called Leslie Wine which he launched in 2008.
