• Loading stock data...
Saturday, November 23, 2024

10 Richest Sports Owners’ Combined Net Worth Totals $353B

Steve-Ballmer
Jayne Kamin-Oncea-USA TODAY Sports

The world’s 10 richest sports owners are worth a collective $353 billion, according to Forbes’ 2022 list. 

Former Microsoft CEO Steve Ballmer tops the list with a net worth of $91.4 billion, a 33% year-over-year increase. He purchased the Los Angeles Clippers for $2 billion eight years ago, and Forbes now values the team at $3.3 billion — in that time, Microsoft’s shares have ballooned by more than 600%.

Mukesh Ambani, owner of the Mumbai Indians, is not far behind with a net worth of $90.7 billion (+7%). After Ambani, the owners’ net worths take a dip.

  • Stade Rennais FC owner François Pinault: $40.4 billion 
  • New York Red Bulls, Red Bull Racing, and RB Leipzig owner Dietrich Mateschitz: $27.4 billion
  • Cleveland Cavaliers owner Daniel Gilbert: $22 billion (a 58% year-over-year drop)

The list rounds out with Masayoshi Son ($21.3 billion), Steve Cohen ($17.4 billion), David Tepper ($16.7 billion), Robert Pera ($14.6 billion), and Philip Anschutz ($10.9 billion).

Four of the top 10 owners saw their net worth fall from the same period last year.

Missed The List

For the first time in six years, Chelsea FC owner Roman Abramovich, who was sanctioned by the U.K. government due to his ties to Russia, did not make the list. His net worth was more than halved from nearly $15 billion in January to $6.9 billion as of March 11.

Despite owning the world’s most valuable private sports empire — Kroenke Sports & Entertainment ($8.4 billion), which includes the Los Angeles Rams, Colorado Avalanche, and Denver Nuggets — Stan Kroenke is $200 million short of making the Forbes list.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Nov 16, 2024; Washington, District of Columbia, USA; Washington Spirit forward Trinity Rodman (2) celebrates after defeating NJ/NY Gotham FC in a 2024 NWSL Playoffs semifinal match at Audi Field. Mandatory Credit:

The Washington Spirit’s Business Makeover Carried Them to the Finals

The team’s return to the NWSL championship looks a lot different from 2021.
Nov 18, 2023; Las Vegas, Nevada, USA; Williams Racing driver Logan Sargeant of the United States (2) during the Las Vegas Grand Prix at Las Vegas Strip Circuit.

F1 Grand Prix Upended Vegas Last Year. Stakes Are High for Its..

Stakes are high as F1 gears up for a successful second act.
Nov 19, 2024; Boston, Massachusetts, USA; The Boston Celtics and Cleveland Cavaliers play during the second half at TD Garden.

Cavs vs. Celtics Draws Big TV Numbers in NBA Cup Showdown

The game averaged 1.94 million viewers and peaked at 2.7 million.
Classic Football Shirts New York Pop-Up

Vintage Soccer Jerseys Have Found a Sweet Spot in the Lucrative U.S...

The money-making shirts are at the prime intersection of memorabilia and fashion.
podcast thumbnail mobile
Front Office Sports Today

How Conference Expansion Has Changed College Football

0:00

Featured Today

Nov 13, 2024; New York, New York, USA; New York Knicks guard Josh Hart (3) reacts after fouling Chicago Bulls guard Coby White (not pictured) during the second half at Madison Square Garden.
opinion

NBA Ratings Rorschach Test: Buy the Dip

Was it the election? Too many threes? Lack of storylines?
November 15, 2024

Executive Decision: When Richard Nixon Named a College Football Champion

In 1969, the 37th president unilaterally named the winner of the season.
November 15, 2024

How Women’s Sports Could Change in the Next Trump Era

Under the president-elect, Title IX could change drastically.
Former President Donald Trump waves to the crowd as he exits the putting green with his aide Walt Nauta, left, during the final round of the LIV Golf Bedminster golf tournament at Trump National Bedminster on Sunday, Aug. 13, 2023.
opinion
November 9, 2024

Trump Win Puts Sports Back in the White House

With Trump back in the White House, sports get more political again.

Adam Silver Defends NBA Product Amid Sluggish Ratings

Silver said the NBA compares itself to “the biggest brands in the world.”
May 22, 2024; Minneapolis, Minnesota, USA; Minnesota Timberwolves minority owners Marc Lore and Alex Rodriguez look on in the second half against the Dallas Mavericks during game one of the western conference finals for the 2024 NBA playoffs at Target Center.
October 23, 2024

A-Rod, Lore Deposit $940M As Wolves Ownership Hearing Nears

Rodriguez and Lore made a large escrow deposit in advance of a key upcoming arbitration hearing.
November 11, 2024

Endeavor to Sell OpenBet, IMG Arena to Its CEO Ari Emanuel

The move is “a necessary step” as Endeavor seeks to go private.
Sponsored

How UBS Crafts Impactful Partnerships Across Sports, Arts, and Culture

As UBS continues to expand its impressive array of sports and entertainment partnerships, the company solidifies its position as a leader in wealth management.
October 22, 2024

Dude Perfect CEO’s Task: Make the Dudes a Media Company

Dude Perfect’s new CEO wants fans to be able to experience the brand in person.
Feb 13, 2023; Beverly Hills, CA, USA; Disney CEO Bob Iger arrives at the 95th Oscars nominees luncheon at the Beverly Hilton in Beverly Hills, Calif. on Monday, Feb. 13, 2023.
October 21, 2024

Bob Iger’s Successor Won’t Be Named Until 2026

Iger’s current contract expires at the end of 2026.
August 28, 2024

New York First: Yankees and MSG Go All In on Live Sports Streaming Pact

The YES Network and MSG Networks will offer their content in a combined streaming app.
August 28, 2024

ESPN’s Pitaro: RSN Turmoil An Opportunity to Expand Local Game Coverage

ESPN chairman Jimmy Pitaro highlights a fast-developing regional content strategy.