Owning a professional sports team has come to be a status symbol among the mega rich. In 2023, Steve Ballmer, owner of the Los Angeles Clippers, had a net worth of 101 billion U.S. dollars, making him the richest sports team owner in the United States. Ballmer, who served as the chief executive officer of Microsoft for 14 years, became the Los Angeles Clippers owner in 2014, purchasing the franchise for around two billion U.S. dollars. Top of the list of the wealthiest sports team owners worldwide was Mukesh Ambani, owner of the Indian Premier League (IPL) franchise Mumbai Indians. The Indian billionaire businessman earned his fortune as managing director and largest shareholder of Reliance Industries Ltd..
Wealthiest owners of sports teams in the United States as of October 2023
(in billion U.S. dollars)
Characteristic
Net worth in billion U.S. dollars
Steve Ballmer (Los Angeles Clippers)
101
Rob Walton & family (Denver Broncos)
67.4
Daniel Gilbert (Cleveland Cavaliers)
21.3
David Tepper (Charlotte Panthers)
20.6
Steve CohenThe Global Sports Media Landscape (New York Mets)
19.8
Philip Anschutz (Los Angeles Kings, LA Galaxy)
14.8
Stanley Kroenke (Los Angeles Rams, Denver Nuggets, Colorado Avalanche, Colorado Rapids, Arsenal FC)
14.6
Jerry Jones (Dallas Cowboys)
14.5
Shahid Khan (Jacksonville Jaguars, Fulham FC)
12.2
Robert Kraft (New England Patriots, New England Revolution)
11.1
Stephen Ross (Miami Dolphins)
10.1
Henry Samueli (Anaheim Ducks)
10
Jimmy Haslam (Cleveland Browns, Columbus Crew, Milwaukee Bucks)
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Forbes. (October 3, 2023). Wealthiest owners of sports teams in the United States as of October 2023 (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 22, 2024, from https://www.statista.com/statistics/1417576/wealthiest-sports-teams-owners-usa/
Forbes. "Wealthiest owners of sports teams in the United States as of October 2023 (in billion U.S. dollars) ." Chart. October 3, 2023. Statista. Accessed November 22, 2024. https://www.statista.com/statistics/1417576/wealthiest-sports-teams-owners-usa/
Forbes. (2023). Wealthiest owners of sports teams in the United States as of October 2023 (in billion U.S. dollars) . Statista. Statista Inc.. Accessed: November 22, 2024. https://www.statista.com/statistics/1417576/wealthiest-sports-teams-owners-usa/
Forbes. "Wealthiest Owners of Sports Teams in The United States as of October 2023 (in Billion U.S. Dollars) ." Statista, Statista Inc., 3 Oct 2023, https://www.statista.com/statistics/1417576/wealthiest-sports-teams-owners-usa/
Forbes, Wealthiest owners of sports teams in the United States as of October 2023 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1417576/wealthiest-sports-teams-owners-usa/ (last visited November 22, 2024)
Wealthiest owners of sports teams in the United States as of October 2023 (in billion U.S. dollars) [Graph], Forbes, October 3, 2023. [Online]. Available: https://www.statista.com/statistics/1417576/wealthiest-sports-teams-owners-usa/
