Theodore "Ted" J. Leonsis (born January 8, 1957 in Brooklyn, New York) is a long-time AOL executive and owner of the NHL's Washington Capitals.
Leonsis was born to Greek American parents in Brooklyn, and spent his early years there. His parents worked as a waiter and a secretary. After skipping 8th grade, Leonsis attended Brooklyn Tech but before graduation, his family moved back to their hometown of Lowell, Massachusetts. He graduated from Lowell High School in 1973 and attended Georgetown University. After graduation, Leonsis moved back to his parents' home in Lowell and began working for Wang Laboratories.
After surviving an airplane crash landing in 1983, he drafted a list of 101 things to do in life and has completed many of the tasks including owning a sports franchise.
Brought on to help AOL compete with Microsoft, his career with AOL started in 1993 when AOL purchased his marketing company, Redgate Communications Corp. "From '94-'97, Leonsis helped increase AOL's membership from fewer than 800,000 members to 8 million. Revenue also increased from $100 million to $1.5 billion." Leonsis retired in 2006. He held numerous positions at AOL during his years there, completing his