• Loading stock data...
Thursday, October 9, 2025

Ambani and Ballmer Are Richest Sports Owners in Soccer-Dominated List

  • Mukesh Ambani dethroned Steve Ballmer as the world’s richest sports owner.
  • Soccer team owners accounted for eight of the 20 richest owners.
Los Angeles Clippers owner Steve Ballmer celebrates a victory with guard Eric Gordon (10) after defeating the New York Knicks 106-95 at Crypto.com Arena.
Kiyoshi Mio-USA TODAY Sports

A dip in Microsoft’s stock knocked Steve Ballmer off his perch as the world’s richest sports owner.

Mukesh Ambani, owner of the cricket team the Mumbai Indians in the Indian Premier League, is the world’s richest team owner, according to Forbes. 

Ambani (net worth $83.4 billion) is chairman of Reliance Industries, a conglomerate with interests in energy, retail, telecommunications, and more. Reliance has also been growing its cricket empire with teams in South Africa, the United Arab Emirates, and the new Women’s Indian Premier League.

Ballmer ($80.7 billion), who can often be spotted courtside at home games of his Los Angeles Clippers, is funding the construction of the team’s future home: the $2 billion Intuit Dome slated to open in 2024.

New York Knicks owner James Dolan sitting courtside at a Knicks game at Madison Square Garden.

Knicks Owner Settles Lawsuits Related to MSG Sphere

Investors in MSG Networks alleged that Dolan purposely misled them.
April 3, 2023

Of the top 20 richest owners, eight own soccer teams. Of those, Stade Rennais owner François Pinault has the highest net worth at $40.1 billion.

He’s sandwiched between Walmart heir Rob Walton ($57.6 billion), who bought the Denver Broncos last year, and Mark Mateschitz ($34.7 billion), who inherited 49% of Red Bull, along with stakes in Red Bull Racing, the New York Red Bulls, and RB Leipzig from his late father, Dietrich Mateschitz.

The sixth name on the list, OGC Nice owner James Ratcliffe ($22.9 billion), is working to acquire Manchester United, one of the most valuable teams in the world.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Jul 19, 2019; South Bend, IN, USA; Liverpool defender Virgil van Dijk (4) passes the ball in the second half of a preseason preparation soccer match against the Borussia Dortmund at Notre Dame.

Liverpool’s $598M Gamble Looks Pretty Average on the Pitch—So Far

Liverpool struggles after historic offseason spending and lofty expectations.
Signs promoting the FIFA World Cup Final coming to MetLife Stadium in East Rutherford, NJ on Wednesday Feb. 7, 2024. The World Cup is held every four years and the 2026 World Cup Final match will be played at MetLife Stadium.

High Ticket Prices Define First World Cup Presale

Most fans weren’t picked for the pricey first presale window.

Featured Today

Paul Cartier

Sports Organists Are Still Thriving in the Era of Raucous Arena Music

“When they walk out and they see a real organ guy, it’s like, ‘Wow.’”
Sep 27, 2025; Milwaukee, Wisconsin, USA; Milwaukee Brewers center fielder Jackson Chourio (11) rounds the bases after hitting a home run during the sixth inning against the Cincinnati Reds at American Family Field.
October 4, 2025

Milwaukee Moneyball: Brewers Are Beating MLB’s Deeper Pockets

Milwaukee is holding its own against big-budget competitors.
Kōloa Rum Company Rum Rusher
September 27, 2025

Panthers Bubbly, Jets Wine, Manning Whiskey: The Sports Booze Boom

A sommelier dives into the sports booze trend—and tries Jets wine.
Nov 17, 2024; Pittsburgh, Pennsylvania, USA; Pittsburgh Steelers fans wave Terrible Towels against the Baltimore Ravens during the fourth quarter at Acrisure Stadium
September 26, 2025

Steelers’ Irish Roots Are Deeper Than NFL Dublin Game

The Steelers have history and the foundation for a future in Ireland.

Connor McDavid Signs Short-Term Deal, Eyeing Oilers’ Cup Window

The three-time Most Valuable Player signs for below his market value.
September 30, 2025

Tyreek Hill’s Injury Complicates Financial Future With Dolphins

Releasing the receiver after this season would cost $28 million.
October 1, 2025

Cardinals Vow Changes Coming After Historic Attendance Drop

A stalwart franchise looks to correct an alarming slide in attendance.
Sponsored

How Jenny Just Is Shaping the Future of Sports Ownership

Jenny Just on bringing her investment experience to sports ownership.
Jun 12, 2025; New York City, New York, USA; New York Mets first baseman Pete Alonso (20) and relief pitcher Edwin Diaz (39) celebrate after defeating the Washington Nationals at Citi Field.
September 29, 2025

Two of the Mets’ Biggest Stars Could Dictate Important Offseason

The Mets missed the playoffs despite having one of baseball’s highest payrolls.
September 29, 2025

Mariners to End 37-Year RSN Run, Join MLB’s In-House Media Model

The Mariners-owned regional sports network is shutting down operations.
September 25, 2025

Celtics Owner Bill Chisholm: Boston Should Have a WNBA Team

Chisholm spoke to reporters Thursday for the first time as Celtics owner.
Aug 30, 2025; Phoenix, Arizona, USA; New York Liberty head coach Sandy Brondello calls out a play in the second half to her team against the Phoenix Mercury at Footprint Center.
September 25, 2025

Liberty GM Defends Controversial Brondello Firing

Kolb said he has confidence that the team’s stars will return.