The ten richest sports owners in the world have a combined net worth of $353 billion, stable from a year ago despite runaway inflation and a volatile market.


I

2022 has been a tumultuous year for Roman Abramovich, the future owner of Premier League side Chelsea FC. Following Vladimir Putin’s invasion of Ukraine, Russian oligarchs around the world saw their assets seized and their business interests sanctioned, and Abramovich was no exception. Amid rumors of retaliation, Abramovich announced he would sell his beloved soccer club – which he bought for $190 million in 2003 and was worth $3 billion recently (albeit weighed down by heavy debts) – and donate the profits to charity. The British government chose not to wait, seizing the club from him as he awaits a sale.

That alone knocks Abramovich out of the billionaire owner’s box. For the first time in six years, he is not one of the wealthiest sports team owners in the world. But the Russian-Ukrainian conflict weighed much more heavily on his fortune (and his health). Abramovich, who Forbes estimated at nearly $15 billion in January, saw his wealth plummet to $6.9 billion.

Abramovich isn’t the only one suffering. Rampant inflation and a volatile market have cost owners of teams with public stakes like Daniel Gilbert (worth an estimated $22 billion) and Masayoshi Son ($21.3 billion) more than half of their wealth. But despite the headwinds, the collective wealth of the ten richest sports team owners in the world was more or less stable this year, at $353 billion, thanks to a few big winners. And the future of the sports world looks bright as an influx of new revenue streams from crypto companies, gambling operators and sports data providers is accelerating the recovery from the losses caused by the pandemic.

From March, when Forbes Locked in the net worth of the 2022 World’s Billionaires list, Los Angeles Clippers owner Steve Ballmer had reclaimed his title as the world’s richest sports team owner. Thanks to rising Microsoft shares, the tech giant’s former CEO is 33% richer this year, worth an estimated $91.4 billion, putting him at least briefly ahead of the CEO of Reliance Industries and owner of Mumbai Indians, Mukesh Ambani (worth an estimated $90.7 billion). The duo have been vying for the top spot in the sports world since 2016.

Just outside the top ten is real estate and sports mogul Stan Kroenke, whose estimated net worth of $10.7 billion leaves him $200 million short of those elite ranks, though he owns the most valuable private sports empire in the world, which includes the Los Angeles Rams, Colorado. Avalanche and the Denver Nuggets. Not that he has much to complain about: the Avalanche, Kroenke’s best in the NHL, could be on their way to a Stanley Cup title, just months after his Rams won Super Bowl LVI against the Cincinnati Bengals.

Here are the ten richest sports team owners:

Net worth is as of March 11, 2022.

1.

Steve Ballmer


Team: Los Angeles Clippers

Source of wealth: Microsoft

Net worth: $91.4 billion (1-YEAR CHANGE: +33%)


The NBA’s Los Angeles Clippers, which the former Microsoft CEO bought for $2 billion eight years ago, are now valued by Forbes at $3.3 billion. Not a bad return. But it’s Microsoft shares that really lifted Ballmer’s score — his shares have risen more than 600% over the same period, adding more than $65 billion to his net worth over the years. His fortune jumped by $22.7 billion last year.

2.

Mukesh Ambani


Team: Mumbai Indians

Source of wealth: diversified

Net worth: $90.7 billion (1-YEAR CHANGE: +7%)


The Indians, who are owned by Reliance Industries of Ambani, are the toast of the Indian Premier League, having won a record five league titles. Ambani could further deepen his ties to the sport as his company reportedly bid for the IPL media rights.

3.

Francois Pinault


Team: Stade Rennais FC

Source of wealth: luxury goods

Net worth: $40.4 billion (1-YEAR CHANGE: -4%)


Even though Pinault is still chasing Ligue 1 rivals Lyon and Paris Saint-Germain, who have collected a combined 14 championships since buying Stade Rennais FC in 1998, the whole landscape of French football is on point. to receive a large injection of cash amid Covid-19-motivated financial struggles. Private equity firm CVC Capital Partners has reportedly invested $1.6 billion in the commercial arm of Ligue 1.

4.

Dietrich Mateschitz


Team: New York Red Bulls, Red Bull Racing, RB Leipzig

Source of Wealth: Red Bull

Net worth: $27.4 billion (1-YEAR CHANGE: +2%)


Mateschitz has enjoyed modest success through his football club collection, which includes New York Red Bulls of MLS and RB Leipzig of the German Bundesliga. But his crown jewel emerged in Formula 1. Last season, rising star Max Verstappen handed Red Bull Racing its first championship since 2013, breaking Mercedes’ streak of seven consecutive drivers’ titles.

5.

Daniel Gilbert


Team: Cleveland Cavaliers

Source of Wealth: Quicken Loans/Rocket Companies

Net worth: $22 billion (1-YEAR CHANGE: -58%)


A steep drop in the Rocket Companies stock price cost Gilbert more than half of his fortune. The Cavaliers have had better luck this season, with a chance to return to the NBA playoffs for the first time since LeBron James left for Los Angeles in 2018.

6.

Son of Masayoshi


Team: Fukuoka SoftBank Hawks

Source of wealth: internet, telecoms

Net worth: $21.3 billion (1-YEAR CHANGE: -53%)


Buoyed by early wins with Yahoo and Alibaba, to name a few, Son has built a powerful conglomerate within the SoftBank Group over the past 40 years. In 2005, the company added baseball to its coffers by purchasing the Hawks of Nippon Professional Baseball. Since then, the club has been one of the most successful in the league, winning seven Japanese Series championships.

7.

Steve Cohen


Team: New York Mets

Source of wealth: hedge funds

Net worth: $17.4 billion (1-YEAR CHANGE: +9%)


Under Cohen, baseball’s wealthiest individual owner, the Mets supplanted the Yankees as New York’s big spenders. The Mets have the second-highest payroll in the league, at $252 million, behind the Los Angeles Dodgers. Cohen’s wealth also played a part in MLB’s latest collective bargaining agreement, with a new tier of luxury tax informally dubbed the “Cohen tax.”

8.

David Tipper


Team: Carolina Panthers

Source of wealth: hedge funds

Net worth: $16.7 billion (1-YEAR CHANGE: +15%)


The Panthers are yet to register a winning record under Tepper, who bought the team in 2018. However, soaring media deals have already brought him a huge return on investment: the Panthers are now worth around $2.91 billion, or $600 million more than Tepper’s. Buying price.

9.

Robert Pera


Team: Memphis Grizzlies

Source of wealth: wireless network equipment

Net worth: $14.6 billion (1-YEAR CHANGE: -20%)


Pera’s Grizzlies are the NBA’s least valuable team, but that doesn’t mean he hasn’t reaped the benefits of the team ratings explosion. After its $377 million purchase of the Grizzlies in 2012, the team is now worth around $1.5 billion.

ten.

Philip Anschutz


Team: Los Angeles Kings, LA Galaxy

Source of wealth: investments

Net worth: $10.9 billion (1-YEAR CHANGE: +8%)


Anschutz lifted the Stanley Cup twice in the 2010s, and after a three-year lull, it looks like his Kings might be on the verge of another run. In July, he got rid of his 27% stake in the Los Angeles Lakers, which Forbes estimates were worth around $1.2 billion – for Dodgers co-owners Todd Boehly and Mark Walters, but he remains the owner of Crypto.com Arena.

MORE ON FORBES BILLIONAIRES 2022

MORE FORBESThe 10 richest billionaires in America 2022
MORE FORBESBillionaires 2022: These 4 countries got their first billionaire this year
MORE FORBESWhere the richest live: Cities with the most billionaires 2022
MORE FORBESHere are the biggest winners on the 2022 Billionaires List