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Top 10 Richest Sports Team Owners [2023]

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By Balogun Kamilu Lekan

1. Carlos Slim

Photo: Susana Gonzalez/ Bloomberg

Net Worth: $92.5B

Team: Real Oviedo(Football)

Carlos Slim is Mexico’s richest man, with a net worth of $92.5B. 

The billionaire and his family control Latin America’s biggest mobile telecom firm, América Móvil.

He also owns the majority shareholder of the Spanish second-division team Real Oviedo.

2. Mukesh Ambani

Net worth: $83.7B

Team: Mumbai Indians (Cricket)

Mukesh Ambani, the second richest man in India, is the owner of the Indian Premier League (IPL) franchise cricket team Mumbai Indians.

He is the chairman and founder of  Reliance Industries, which deals in petrochemicals, oil and gas, telecom and retail.

Ambani is also reportedly in the race to acquire the English football team, Liverpool.

3. Steve Ballmer

Net Worth: $80.6B

Los Angeles Clippers (Basketball)

Ballmer was the former CEO of Microsoft. He piloted the affairs of the company till 2014 before he left.

He currently owns the Los Angeles Clippers of the National Basketball Association (NBA). A team he acquired for $2 billion the same year he left Microsoft.

4. Rob Walton

Net Worth: $60.8 billion

Team: Denver Broncos (Football)

Rob is the eldest son of Walmart founder Sam Walton. He is currently the director of the company founded by his father.

He took over the affairs of the company after the death of his father in 1992

Walton took over as chairman upon his father’s death.

Watson acquired the NFL’s Denver Broncos for $4.7 billion in 2022 for a sports franchise record.

5. David Thomson

Net Worth: $53.8B

Winnipeg Jets (Hockey)

Thomson and his family run a media empire founded by his grandfather, Roy Thomson.

Additionally, he and his family also holds an investment in Canadian telecom giant Bell Canada

He has a significant ownership stake in the NHL’s Winnipeg Jets, and his family’s holding business owns a small portion of the Montreal Canadiens.

6. Francois Pinault

Stade Rennais FC (Football)

Net Worth: $39.5B

François Pinault is the owner of french football team, Stade Rennais FC.

He is the chairman of top luxury fashion brands Saint Laurent, Alexander McQueen and Gucci under the umbrella of the parent group, Kering.

His family owns the legendary auction house Christie’s and a collection of 3,000 artworks by Picasso, Mondrian, and Koons.

7. Masayoshi Son

Fukuoka SoftBank Hawks (Baseball)

Net Worth: $24.7B

Masayoshi Son is the founder of SoftBank Group, a mobile telecom and investment giant.

He has handled the affair of the company for 40 years. Son acquired the Nippon Professional Baseball Hawks in 2005. It has been a successful club ever since, winning seven championships in the Japan Series.

8. David Tepper

Teams: Carolina Panthers (Football, United States), Charlotte FC (Soccer, United States)

Net Worth: $18.5 billion

David Tepper is the founder and president of Appaloosa Management, a global hedge fund in Miami Beach, Florida.

He owns the Carolina Panthers of the National Football League (NFL) and Charlotte FC in Major League Soccer (MLS). He bought the Carolina Panthers professional football team in a $2.3 billion deal in 2018

The Panthers are now worth an estimated $2.91 billion, $600 million more than the purchase price.

9. Steve Cohen

New York Mets (Baseball, United States)

Net Worth: $17.5B

Steve Cohen is the founder of Point72 Asset Management, a $26 billion hedge fund firm that manages outside capital.

In 2020, Cohen bought the New York Mets for $2.4 billion, the highest sale price ever for an MLB team.

Cohen is the wealthiest owner in baseball as an individual, with his team becoming the second-highest payroll in the league, at $252 million behind the Los Angeles Dodgers.

10. Daniel Gilbert

Team: Cleveland Cavaliers (Basketball, United States)

Net Worth: $19.9B

Dan Gilbert is the cofounder of Quicken Loans, the largest mortgage lender in the U.S.

He also cofounded the online sneaker sale platform StockX, which investors valued to be $3.8 billion.

Daniel owns the Cleveland Cavalier, the former team of NBA superstar Lebron James.


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