It takes money to make money. This is true for many billionaires in the world who have expanded their wealth portfolio by purchasing some of the biggest sports teams in the world. This article provides a list of the 20 richest sports owners in the world in 2023 along with some basic yet interesting details about them. All of these team owners have also made their names into the Forbes Billionaire 2023 list and most of them hail from the United States. Keep reading to know more.
Top 20 Richest Sports Owners in the World 2023
The table provides the list of the top 20 richest sports owners in the world along with their net worth (as of 2023), nationality, teams owned, and main source of wealth.
|Name||Country||Team||Source of wealth||Net worth|
|Mukesh Ambani||India||Mumbai Indians||Diversified||$83.4 Billion|
|Steve Ballmer||United States||Los Angeles Clippers||Microsoft||$80.7 Billion|
|Rob Walton||United States||Denver Broncos||Walmart||$57.6 Billion|
|François Pinault & family||France||Stade Rennais F.C.||Luxury goods||$40.1 Billion|
|Mark Mateschitz||Austria||Red Bull Racing, RB Leipzig, New York Red Bulls||Red Bull||$34.7 Billion|
|James Ratcliffe||United Kingdom||OGC Nice||Chemicals||$22.9 Billion|
|Masayoshi Son||Japan||Fukuoka SoftBank Hawks||Internet, telecom||$22.4 Billion|
|David Tepper||United States||Carolina Panthers, Charlotte FC||Hedge funds||$18.5 Billion|
|Daniel Gilbert||United States||Cleveland Cavaliers, Cleveland Monsters, Cleveland Charge||Quicken Loans||$18 Billion|
|Steve Cohen||United States||New York Mets||Hedge funds||$17.5 Billion|
|Robert Pera||United States||Memphis Grizzlies||Wireless networking||$15.5 Billion|
|Jerry Jones||United States||Dallas Cowboys||Dallas Cowboys||$13.3 Billion|
|Stanley Kroenke||United States||Colorado Rapids, Los Angeles Rams, Denver Nuggets, Arsenal FC Colorado Avalanche,||Sports, real estate||$12.9 Billion|
|Shahid Khan||United States||Jacksonville Jaguars, Fulham FC||Auto parts||$12.1 Billion|
|Stephen Ross||United States||Miami Dolphins||Real estate||$11.6 Billion|
|Philip Anschutz||United States||Los Angeles Kings, LA Galaxy||energy, sports, entertainment||$10.9 Billion|
|Robert Kraft||United States||New England Patriots, New England Revolution||Manufacturing, New England Patriots||$10.6 Billion|
|John Malone||United States||Atlanta Braves||Cable television||$9.2 Billion|
|Hasso Plattner & family||Germany||San Jose Sharks||Software||$8.6 Billion|
|Tilman Fertitta||United States||Houston Rockets||Houston Rockets, entertainment||$8.1 Billion|
World’s 20 Richest Sports Owners
Check out some interesting details about the 20 richest sports owners in the world. We have already covered their names and net worth, now let’s learn a little bit more.
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1. Mukesh Ambani
Mukesh Ambani tops the list of richest sports owners in 2023 with a net worth of around $83.4 billion. Other than this, Ambani is also the richest person in India as well as Asia. He is the owner of the Mumbai Indians, a team in the cricket league, Indian Premier League.
2. Steve Ballmer
Steve Ballmer is the former CEO of Microsoft who currently owns the professional NBA team Los Angeles Clippers. He purchased the team in 2014 after placing a bid of a whopping $2 billion. This bid was the second-highest bid for a sports franchise in North American sports history at the time.
3. Rob Walton
Rob Walton is best known for being the heir of the world’s largest retailer Walmart. He is one of the richest person in the world and the principal owner of the professional football team Denver Broncos of the National Football League.
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4. François Pinault & family
François Pinault is the owner of Kering, a luxury group, and has also established an investment holding company named Artémis. His elder son François-Henri now manages the company and the family is counted among the richest in the world. The family owns the French professional football club Stade Rennais F.C.
5. Mark Mateschitz
Mark Mateschitz is the son of billionaire businessman Dietrich Mateschitz who founded the energy-drink company Red Bull GmbH. After the death of his father, Mark became 49% owner of the company, and other than this also owns the Formula One team Red Bull Racing and American professional New York Red Bulls through the company.
6. James Ratcliffe
Jim Ratcliffe is the richest man in the UK and one of the richest in the world in 2023. His main source of wealth is his chemical company INEOS and other than this, he also owns a Swiss Super League football club FC Lausanne-Sport.
7. Masayoshi Son
Masayoshi Son is the founder, representative director, corporate officer, chairman & CEO of an investment holding company, SoftBank Group Corp. After suffering major setbacks at the start of his career, he emerged to become of the richest persons in Japan. Masayoshi owns SoftBank Hawks, a professional Japanese baseball team.
8. David Tepper
David Tepper is the owner of two major sports teams, Charlotte FC of Major League Soccer and NFL’s Carolina Panthers. He bought the MLS team after setting a record for the most-paid fees for a team with a total of $325 million.
9. Daniel Gilbert
Daniel Gilbert is a billionaire businessman, and philanthropist, known for his companies Rocket Mortgage, Rock Ventures, and Quicken Loans. He also owns a number of sports franchises including the Cleveland Cavaliers of the National Basketball Association, Cleveland Monsters of the American Hockey League, and Cleveland Charge of the NBA G League.
10. Steve Cohen
Steve Cohen is a hedge fund manager and one of the richest sports team owners in the world in 2023. His net worth in 2023 stands close to $17.5 Billion. Steve owns around 97.2% of the New York Mets of Major League Baseball. He is also an art lover who owns an art collection worth around $1 billion.
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11. Robert Pera
Robert Pera is one of the youngest billionaires to be featured in the Forbes list. He became a billionaire through his communications technology company Ubiquiti Networks, Inc. which he founded in 2006. Pera owns the team Memphis Grizzlies of the National Basketball Association.
12. Jerry Jones
Jerral Wayne ‘Jerry’ Jones is the owner, general manager, and also the president of the Dallas Cowboys of the National Football League. His major source of wealth is through his team itself and as of 2023, his net worth stands around $13.3 Billion.
13. Stanley Kroenke
Stan Kroenke is a real estate mogul and sports team owner who owns not one or two but more than 5 major teams in different fields of sports. To meet the restrictions of ownership, he held certain teams in the name of his wife Ann Walton Kroenke.
14. Shahid Khan
Shahid Khan owns a motor vehicle components supplying company Flex-N-Gate and has made billions through his company. He has also been featured in the Forbes Billionaire 2023 list ranking at number 148 (changes on daily basis). He is the owner of the NFL team Jacksonville Jaguars and Fulham F.C. of the Premier League.
15. Stephen Ross
Stephen Ross has found and developed multiple companies and is one of the richest men on the earth in 2023. He is the principal owner of the National Football League team Miami Dolphins and also owns the Hard Rock Stadium.
16. Philip Anschutz
Philip Anschutz has made billions through investments in multiple sports teams, sports arenas, and also in different movies. He is considered one of the most influential persons in the sports business and has also received several awards for his contributions to the growth of sports.
17. Robert Kraft
Robert Kraft owes his net worth of billions of dollars to his manufacturing company Kraft Group and his NFL team New England Patriots. With a net worth of around $10 Billion, he is one of the richest persons in the world.
18. John Malone
John Malone has served as the CEO of cable and media giant Tele-Communications Inc. and is the current chairman of one of the biggest mass media companies Liberty Media. He is also the largest private landowner in the US.
19. Hasso Plattner & family
Hasso Plattner is known for his software company SAP SE which he founded in 1972 with four other partners. Plattner and family own the ice hockey team San Jose Sharks and are one of the richest sports team owners in the world.
20. Tilman Fertitta
Tilman Fertitta is not just a Forbes billionaire but the magazine has also termed him the “World’s Richest Restaurateur”. He has made billions from his hospitality and entertainment corporation Landry’s, Inc, and his sports team Houston Rockets of the National Basketball Association.
Frequently Asked Questions
$83.4 billion (est.)
Bernard Arnault & family