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10 Richest Owners of Sports Teams in 2023
The richest owners of sports clubs in the world, 20 of them, own assets worth a total of $ 427 billion. Twelve months ago, their assets were worth $ 266 billion, but they became even richer during the pandemic. We are talking about the total increase in the value of property by 60%, and the first 10 on the list have wealth with a total value of about $ 350 billion.
1. Mukesh Ambani (cricket)
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Indian businessman Mukesh Ambani, the owner of the Mumbai Indians cricket team, is the richest among them with $ 84.5 billion in assets. His company, Reliance Industries, has increased in value by 85% in the last 12 months. He came in first on the list after replacing…
2. Steve Ballmer (basketball)
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Ambani replaced Steve Ballmer, the owner of the NBA team Los Angeles Clippers (who is also a former CEO of Microsoft), in the first place of the richest owners of sports teams. Ballmer has increased his fortune as well and did it from $ 52.7 to $ 68.7 billion in the last year. However, it was not enough for him to stay at the top of the list.
3. Daniel Gilbert (basketball)
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Daniel Gilbert, owner of the NBA team Cleveland Cavaliers and a mortgage tycoon, is the biggest winner in the past year after increasing his wealth by 700% to $ 51.9 billion. He did it mostly thanks to the company Quicken Loans, which he founded in 1985. Gilbert is an unprecedented mortgage lender in the United States.
4. François Pinault (soccer)
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The owner of the French football (soccer) club Stade Rennais F.C., François Pinault, together with his family, is fourth on this list with $ 42.3 billion worth of assets, which he increased by 57% in the previous year. He is the owner of the Kering Group, under whose auspices are the luxury brands Gucci, Yves Saint Laurent, and Bottega Veneta.
5. Dietrich Mateschitz (soccer)
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Austrian businessman Dietrich Mateschitz, owner of the New York Red Bull soccer team, has $ 26.9 billion in assets, which he has increased by 63% in the past 12 months. He is the founder and owner of 49% of the energy drink company Red Bull and is also known as a collector of old airplanes. Mateschitz keeps the last Douglas DC-68 in his hangar, which belonged to former Yugoslav President Josip Broz Tito.
6. Robert Pera (basketball)
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In sixth place is Robert Pera, owner of the NBA club Memphis Grizzlies, with a fortune worth $ 18.3 billion, which he increased by 161% from last year at this time. Pera is the founder of the U.S. technology company Ubiquiti Networks Inc.
7. Steve Cohen (baseball)
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Seventh is Steve Cohen, owner of the New York Mets professional baseball team, which he bought in October 2023 for $ 2.4 billion. Cohen ‘weighs on’ $ 16 billion after increasing his wealth by 16% in the past 12 months. The owner of Mets is the hedge fund manager and founder of the Point72 Asset Management fund.
8. Roman Abramovich (soccer)
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In eighth place is the owner of the English soccer club Chelsea F.C., Russian tycoon Roman Abramovich, with a fortune worth $ 14.5 billion, which has increased by 18% from a year ago. With him, began the trend of buying famous soccer teams by rich people and sheiks. With that, betting on the top-rated leagues of this sport has risen to a whole new level at bookmakers here. Abramovich, who made his fortune in the 1990s in the steel and aluminum business, owns the investment company Millhouse LLC.
9. David Tepper (football)
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David Tepper owns the Carolina Panthers professional (American) football team and, just like Abramovich, has $ 14.5 billion in assets, which is 21% higher than a year ago. Now he is also the owner of Charlotte FC, a soccer team that competes in the U.S. MLS league, and he is also the founder and owner of the hedge fund Appaloosa Management from Miami.
10. Joseph Cai (basketball)
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In 10th place on the list is Joseph Cai, a Canadian businessman of Chinese descent and owner of the NBA team Brooklyn Nets. Its assets are estimated at $ 11.6 billion with a value increase of 16% in the last 12 months. He is the co-founder and of the e-commerce giant, Alibaba Group.