Peter Seidler was an American investor and a business executive – married to his spouse and the mother of his children, Sheel – he died aged 63. His fortune, cause of death, and career explored.
In November 2023, the world learned about the death of Peter Seidler, a prominent investor and sports enthusiast.
He passed away in San Diego, California, United States aged 63.
Seidler was a wealthy American investor and the San Diego Padres’ relentlessly positive chairman and owner as well as a cheerleader.
He was a champion of baseball fans and the game he loved.
Before he died, he had an impressive career and reportedly made billions of fortune. He was also married to his longtime spouse and had three children. Here’s everything we know about Peter Seidler, the late executive in the world of baseball.
Who was San Diego Padres owner Peter Seidler?
Born on November 7, 1960, Peter Seidler was an American businessman and investor from San Diego, California.
Seidler was related to former Los Angeles Dodgers co-owners Walter O’Malley and Peter O’Malley.
He was the grandson of the former and the nephew of the latter.
A graduate of both the University of Virginia and the University of California, Los Angeles, he later founded Seidler Equity Partners.
With his uncle Peter and business partner Ron Fowler, Seidler co-founded the O’Malley Group.
On August 7, 2012, the O’Malley Group purchased the San Diego Padres.
“For decades the Padres have been an exciting and entertaining part of San Diego,” Seidler said in a statement.
“We will field exciting and winning teams. We will reserve further comment until the proper time.”
On November 18, 2020, Seidler became the Padres’ chairman after Fowler stepped down.
What was Peter Seidler’s net worth?
Peter Seidler had accumulated an impressive fortune over the years.
At the time of his passing, he was estimated to have a net worth of $3 billion and was regarded as one of the wealthiest individuals in the United States.
He accrued his fortune from his work as an American businessman and also through sports as he was the chairman of the San Diego Padres of Major League Baseball.
Besides his involvement in baseball, Seidler was co-founder and managing partner of Seidler Equity Partners.
Seidler, who did not delve deep into finances, told ABC News;
“We don’t need to talk about it, but we’ll let actions speak for themselves,” he said. “We’re very humble about what we’re trying to do here because it’s hard and we’re not the only team chasing the trophy. But we’re in the mix, we believe.”
Who is Peter Seidler’s wife, Sheel Seidler?
Peter Seidler was married to a woman named Sheel.
The couple shared three children. However, the names and gender of their kids are unknown.
Sheel worked as an attorney before she began teaching kundalini yoga, per That’s Random Kate.
In an interview, she spoke to the outlet about her career transition, saying: “I think that I was trained and educated to believe that my identity was tied to my paycheck and reputation as an attorney. Outside of that, the other stuff that defined me, as my passion for yoga, were ‘frivolous.'”
When speaking of her students, she said: “I market to successful women. Women who have spent time figuring out how to create a successful career and figuring out who they are. I believe kundalini, as it exists, doesn’t have an easy access point for these women.
“There is a lot of dogma that permeates kundalini training that these women see-through, and the classes are hard to find and not always offered at the most desirable times.
“I believe kundalini would absolutely help these women enjoy their lives. So I feel motivated to get it other to them, meeting them where they are.”
In 2020, Sheel and Peter spoke with Ranch & Coast about their lives while quarantining due to coronavirus.
According to the outlet, Sheel spent time enjoying cooking Indian food and “the occasional hot dog” for her family.
Seidler told The Union-Tribune in July that he planned for ownership of the team to remain in his family after his death.
Seidler and his wife, Sheel, as well as their three kids, lived in La Jolla, California.
When and how did Peter Seidler die?
On November 14, 2023, the Padres announced Seidler died at the age of 63.
In an announcement, the team stated: “The Padres organization mourns the passing of our beloved Chairman and owner.
“Today, our love and prayers encircle Peter’s family as they grieve the loss of an extraordinary husband, father, son, brother, uncle, and friend.
“Peter was a kind and generous man who was devoted to his wife, children, and extended family. He also consistently exhibited heartfelt compassion for others, especially those less fortunate.”
They added: “His impact on the city of San Diego and the baseball world will be felt for generations.
“His generous spirit is now firmly embedded in the fabric of the Padres.
“Although he was our Chairman and owner, Peter was at his core a Padres fan. He will be dearly missed.”
Seidler’s passing follows his health update from two months earlier.
On September 18 of the same year, he told his Twitter followers: “I want to share a brief personal update.
“Last month, I underwent a medical procedure and now am on the road to recovery.
“I am grateful for the dedicated medical care that I have received and the loving support of my family.
“Although I can’t be with you at the ballpark for our remaining games this season, I am watching them all, and I look forward to making some noise together again in 2024, and celebrating the anniversary of our beautiful ballpark.”