Many people who purchase real estate make a few repairs to their new property. When West Virginia coal baron James C. (Jim) Justice II bought the Greenbrier Resort in 2009, however, he decided to do more than a little sprucing up of his newest real estate acquisition.
The Greenbrier, located in White Sulphur Springs, WV, has undergone a $250+ million restoration since Justice became the owner.
Unlike many home owners, however, getting the money to pay for the repairs to his new property was not a problem. Justice is on the Forbes list of billionaires and his net worth in listed in their March profile at $1.2 billion. Justice sold his West Virginia coal interests to a Russian Company in 2009 and bought the Greenbrier Resort later that year.
Watching Justice recently at a media event for The Greenbrier Classic, a PGA TOUR event that Justice brought to the resort in 2010, it is apparent that the 60-year old Marshall University graduate enjoys giving back to the state that has made him a wealthy man.
The 6′ 7″ Justice, who admits to weighing over 350 pounds, is not afraid to dream big when it comes to bringing top-notch entertainment to his home state.
This past December, the resort announced in a press release that The Greenbrier Classic was honored by the PGA TOUR at its Tournament Advisory Council (TAC), winning awards for “Best in Class,” “Best Special Event” and “Best Branding and Signage” during the 2011 tournament at The Old White TPC.
“We are absolutely thrilled to be the best event on the TOUR,” said Justice. “Our goal has always been to create a phenomenal experience for the players, spectators, sponsors and volunteers and to showcase the resort and the entire state of West Virginia. And next year, when we celebrate America’s birthday here at America’s Resort, the Classic will be bigger and better than ever.”
A weekly badge to the Greenbrier Classic golf tournament ($159 before May 1 and $189 after) is also good for admission to the three concerts that Justice has scheduled at the nearby state fairground. Concert tickets are not sold individually.
The 4th of July show will feature Toby Keith, the July 5 entertainment has Rod Stewart and Lionel Richie scheduled and the July 7 singer is Bon Jovi.
Justice, who is known for his charitable donations, does not just talk about giving back to the community but he is hands on in his involvement. During basketball season he coaches both the girls and boys basketball teams at a local high school. He does so for the love of the sport.
Earlier this month, Justice coached the Greenbrier East High School girls basketball team to the AAA West Virginia Secondary Schools Activities Commission basketball title. Justice has coached the girls team since 2001 and this is their first title since 1981.