Arturo Moreno purchases the World Champion Angels from Walt Disney for $184 million to become the third owner in the 43-year history of the franchise. The 56-year-old outdoor advertising tycoon, who is a fourth-generation Mexican-American, is the first Hispanic to have a controlling interest in a major league club.

On May 22, 2003 — Arturo Moreno purchases the World Champion Angels from Walt Disney for $184 million to become the third owner in the 43-year history of the franchise. The 56-year-old outdoor advertising tycoon, who is a fourth-generation Mexican-American, is the first Hispanic to have a controlling interest in a major league club.

Source:
Baseball Reference May 22

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