Apart from retaining his position as Asia’s richest person in the Forbes Billionaire 2023 list, Mukesh Ambani, owner of the Mumbai Indians cricket franchise, has also become one of the World’s Richest Sports Owners 2023, which was issued on 4 April.
Ambani surpassed Los Angeles Clippers owner Steve Ballmer to reclaim the top rank. Yet, Ambani’s company Reliance Industries’ share price has dropped 3% in the last year—though not as much as shares of Microsoft, where Ballmer served as CEO from 2000 to 2014.
Ambani’s net worth was $83.7 billion as of 10 March 2023, when Forbes locked in net worth for the 2023 World’s Billionaires list, compared to Ballmer’s net worth of $80.7 billion. Ballmer is currently the world’s second-richest team owner. Let’s Check out the full list of world’s richest sports owners 2023.
Here Are the 20 World’s Richest Sports Owners 2023:
Los Angeles Rams, Denver Nuggets, Colorado Avalanche, Colorado Rapids, Arsenal FC
Jacksonville Jaguars, Fulham FC
Los Angeles Kings, LA Galaxy
New England Patriots, New England Revolution
Hasso Plattner & family
San Jose Sharks
1. Mukesh Ambani
Net worth: $83.7B
Team: Mumbai Indians (Cricket)
Mukesh Ambani, India’s second richest man, owns the Indian Premier League (IPL) franchise cricket team Mumbai Indians.
He is the chairman and founder of Reliance Industries, a conglomerate that operates in petrochemicals, oil and gas, telecommunications, and retail.
Ambani is also said to be in the running to buy Liverpool, an English football team.
2. Steve Ballmer
Net Worth: $80.7 Billion
Team: Los Angeles Clippers (NBA)
Steve Ballmer is the former CEO of Microsoft and the current owner of the Los Angeles Clippers of the National Basketball Association. Following the Donald Sterling controversy, he purchased the franchise for $2 billion. Ballmer was a staunch Microsoft supporter who forbade team members from using iPhones. He wished to replace all products with Microsoft-owned products.
Steve Ballmer was chosen as the finest owner an NBA franchise could have in a 2020 poll done by The Athletic.
He has been in charge of the company’s affairs for the past 40 years. In 2005, Son purchased the Nippon Professional Baseball Hawks. Since then, it has been a successful club, winning seven Japan Series championships.
Teams: Carolina Panthers (Football, United States), Charlotte FC (Soccer, United States)
Appaloosa Management, a worldwide hedge fund based in Miami Beach, Florida, was founded and led by David Tepper.
He owns the National Football League’s (NFL) Carolina Panthers and Major League Soccer’s Charlotte FC (MLS). In 2018, he paid $2.3 billion for the Carolina Panthers professional football team.
The Panthers are currently worth an estimated $2.91 billion, $600 million more than they were when they were purchased.
9. Daniel Gilbert
Net Worth: $18 Billion
Team: Cleveland Cavaliers (NBA)
The owner of the Cleveland Cavaliers is ranked eighth on our list. He has had a tremendous career with the Cavs. He won six Central Division titles, five Eastern Conference titles, and one NBA title.
Gilberts’ two teams, the Cleveland Cavaliers and the Cleveland Monsters, won two titles in eight days in 2016. The NBA title and the Calder Cup.
10. Steve Cohen
Net Worth: $17.5B
Team: New York Mets (Baseball, United States)
Steve Cohen is the founder of Point72 Asset Management, a $26 billion hedge fund management firm.
Cohen paid $2.4 billion to the New York Mets in 2020, the highest sum ever paid to an MLB team.
Cohen is the richest individual owner in baseball, and his team has the league’s second-highest payroll, at $252 million, trailing only the Los Angeles Dodgers.
11. Robert Pera
Net Worth: $15.5 Billion
Team: Memphis Grizzlies
In 2012, the Memphis Grizzlies were purchased by the founder and CEO of wireless equipment manufacturer Ubiquiti Networks. He has a net worth of $15.5 billion.
Robert Pera became a billionaire at the age of 36, and Forbes named him one of the Top Youngest Billionaires. He took over the Memphis Grizzles in 2012, and the team made its first NBA Finals berth under his leadership.
12. Jerry Jones
Net Worth: $13.3 Billion
Team: Dallas Cowboys
The Dallas Cowboys are owned by the American billionaire, who has a net worth of $13.3 billion. Jerry Jones bought the Dallas Cowboys in 1989 and rebuilt the team into the top NFL franchise of the 1990s. But, as the 2000s dawned, Jones faced more criticisms. Sports Illustrated called him the least favourite in three US states. Several supporters chastised him for attempting to be the team’s face despite being the team’s owner and general manager.
13. Stanley Kroenke
Net Worth: $12.9 Billion
Team: Los Angeles Rams, Denver Nuggets, Colorado Avalanche, Colorado Rapids, Arsenal FC
With a net worth of $12.9 billion, he owns the Los Angeles Rams, Denver Nuggets, Colorado Avalanche, Colorado Rapids, and Arsenal FC.
Khan also holds shares in Premier League club Fulham FC and All Elite Wrestling, which he co-owns with his son Tony.
15. Stephen Ross
Net Worth: $11.6 Billion
Team: Miami Dolphins
He is the owner of the Miami Dolphins and is worth $11.6 billion. Stephen Ross is an American international who owns 95% of the Miami Marlins and was the Drone Racing League’s first investor. He purchased the team, the stadium, and the surrounding land for $550 million (50%) in 2008 and increased his share in the firm to 95% the following year, totalling $1.1 billion.
16. Philip Anschutz
Net Worth: $10.9 Billion
Team: Los Angeles Kings, LA Galaxy
Anschutz owns the Los Angeles Kings and the Los Angeles Galaxy and has a net worth of $10.9 billion.
17. Robert Kraft
Net Worth: $10.6 Billion
Team: New England Patriots, New England Revolution
He owns the New England Patriots and the New England Revolution, and his net worth is $10.6 billion. Robert Kraft, one of the most successful sports club owners, has won six Super Bowls with the New England Patriots. The chairman and CEO of Kraft Group have an extremely wide business. In 2017, Robert Kraft was named Honorary Chairman of the Board of Directors for the 2026 FIFA World Cup bid.
18. John Malone
Net Worth: $9.2 Billion
Team: Atlanta Braves
The billionaire owns the Atlanta Braves and is worth $9.2 billion.
19. Hasso Plattner & family
Net Worth: $8.6 Billion
Team: San Jose Sharks
The German billionaire owns the San Jose Sharks and is worth $8.6 billion. Hasso Plattner is a German billionaire who owns the NHL team San Jose Sharks but acts as an absentee owner. The hockey operations are overseen by General Manager Mike Grier.
The billionaire owns the Houston Rockets and is worth $8.1 billion.
The 25 world’s richest sports owners 2023 are led by India’s Mukesh Ambani, who owns the Mumbai Indians cricket team and has reclaimed the top spot from Steve Ballmer. Reliance recently purchased a Women’s Premier League franchise and owns South Africa and UAE cricket teams.