![\"Nordstrom](\"https:\/\/hollywoodlife.com\/wp-content\/uploads\/2024\/12\/GettyImages-1182779875_fb271e-e1734977855530.jpeg?resize=384%2C216\")
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The Nordstrom company is about to go private in an all-cash deal with El Puerto de Liverpool that will reportedly make the family wealthier. The agreement is estimated to be worth more than $6 billion. The transaction is expected to close in early 2025, leaving the Nordstrom heirs, including CEO Erik Nordstrom<\/strong> and CBO Pete Nordstrom<\/strong>, a majority ownership stake in the company, according to Yahoo! Finance<\/a><\/em>.<\/p>\n El Puerto de Liverpool is a Mexican real estate and commercial company. It owns 10 percent of Nordstrom, whereas the Nordstrom family owns a 33 percent stake.<\/p>\n Nordstrom chairman Brad Tilden commented on the upcoming transaction in a statement. According to Fox Business<\/a>, the statement read, \u201cThe special committee of the Nordstrom Board of Directors reviewed this proposal against the company\u2019s standalone prospects for growth. Following a rigorous and independent evaluation and consultation with outside financial and legal advisers, the special committee unanimously concluded that this transaction offers greater value for all public shareholders at a significant premium to the unaffected share price.\u201d<\/p>\n Before the upcoming deal with Nordstrom takes place, read on to learn how much money the entire Nordstrom family has.<\/p>\n It\u2019s unclear where the Nordstrom family\u2019s net worth stands in 2024. However, Forbes<\/em><\/a> reported that they were worth $3.8 billion in 2015. Two years later, the family saw a change in their fortune when shares in the company dropped 27 percent, according to the outlet.<\/p>\n In 2017, the Nordstrom family \u201cformed a group to pursue the possibility of a \u2018going private transaction,’\u201d according to Forbes<\/em><\/a>.<\/p>\n Bruce, who died at the age of 90 in May 2024, was worth $1 billion in 2022, Forbes<\/em><\/a> reported.<\/p>\n Erik has a net worth of at least $60 million, according to multiple outlets. He is the CEO of Nordstrom.<\/p>\n While commenting on the agreement between the Nordstrom company and El Puerto, Erik called it \u201can exciting new chapter for the business.\u201d<\/p>\n Pete\u2019s current net worth is unknown.<\/p>\n \n\t\t<\/div>\n![\"Nordstrom](\"https:\/\/hollywoodlife.com\/wp-content\/uploads\/2024\/12\/GettyImages-1182779893.jpeg?quality=100&w=1024&resize=1024%2C680\")
How Much Is the Nordstrom Family Worth?<\/h2>\n
What Was Bruce Nordstrom\u2019s Net Worth?<\/h2>\n
What Is Erik Nordstrom\u2019s Net Worth?<\/h2>\n
What Is Pete Nordstrom\u2019s Net Worth?<\/h2>\n