There is no shortage of rich people all around the globe. Every day we hear the list lengthening. Also, every day a new name tops the list. The extravagant lifestyle, the desires of these people never come to an end. Among those, owning expensive things is another of their hobbies. Be it a luxury car, a yacht, a private jet, or an island. They never stop trying to expand their hands on anything that touches their heart. They are simply fond of spending money on things that the world looks up to. Therefore, entering into the world of sports, being the owner of a particular team brings them no less money and fame.
No matter what the world would be going through. Be it a pandemic, a financial crisis, or any sort of stress-laying situation. The domain of sports never stops entertaining people. Therefore, no doubt having a hand in that domain, along with others to compete would bring them a combo pack of fame and money. Lately, our earth is not doing so well. Despite this, entertaining and being entertained never stops. So here's an eye-widening list of the richest sports team owners of the year, 2021.
The list begins with:
Mukesh Ambani - Mumbai Indians
Steve Ballmer - Los Angeles Clippers
Daniel Gilbert - Cleveland Cavaliers
Francois Pinault and Family - Stade Rennais FC
Dietrich Mateschitz - Red Bull Racing
Robert Pera - Memphis Grizzlies
Steve Cohen - New York Mets
Roman Abramovich - Chelsea FC
Joseph Tsai - Brooklyn Nets
Philip Anschutz - Los Angeles King & LA Galaxy
Conclusion
FAQs
Mukesh Ambani - Mumbai Indians
Mukesh Ambani, an Indian tops the list among the richest sports team owners. He successfully stepped on the shoulder of Steve Ballmer, former CEO of Microsoft. He plays his moves on the field with the players of the team. While off the field he is the sole controller of Reliance Industries.
His cricket team, the Mumbai Indians are no less successful. He has managed to get his team to the same position in their arena that Mukesh Ambani himself holds outside the field. Taking into account the last recorded brand value, MI holds the highest with a net worth of 809 crores. The team itself has 5 IPL( Indian Premier League) trophies created in its lobby along with 1 runner-up prize. If summed up, it can be concluded that Mukesh Ambani with a net worth of 84.5 billion dollars, has a tight grip on his team and is well-deserving for the top position in this list.
Steve Ballmer - Los Angeles Clippers
Microsoft, the CEO of which, Steve Ballmer comes up second on the list. Owning a set of basketeers who go after the name of Los Angeles Clippers, he has a net worth of 68.7 billion dollars. He didn't stop at ruling the software world. Rather also took a good hold on the sports industry. Funding his team from the earnings of his company, he also is no less behind Ambani.
Founded in 1970 the team has so far earned two division titles for two consecutive years. With its native arena at Staples center, the team has yet lots to achieve.
Daniel Gilbert - Cleveland Cavaliers
Daniel Gilbert, a very successful business tycoon. And also by far, the most excelled owner in this entire list. Cleveland Cavaliers, a basketball team from Cleveland itself. He provides funds to his team from the company he invested in, Quicken loans. With the pacing success of this company, Daniel also got a boost for himself glorifying his status.
His Cavs, founded in 1970 have 1 champion's trophy, 5 conference titles, 7 division titles laying in their gallery. Quiet massive achievements to drown Daniel with extraordinary wealth and fame.
Ashwini
Francois Pinault and Family - Stade Rennais FC
With a worth balance of 42.3 billion dollars, Francois Pinault and his family run this football team. With its home ground at Roazhon park, this team holds numerous titles worth admiring. It was founded in 1901. The funds for this team generate from the luxury goods that this family supplies.
Dietrich Mateschitz - Red Bull Racing
The world-famous, Red Bull energy drink.- the one which gives you wings. This billionaire businessman, Dietrich, holds 49% shares of this company. With 26.9 billion dollars accounts, he funds his formula one racing team, the red bull racing. This racing team with 313 entries has already won 70 trophies under its name.
Along with that Dietrich also owns a football team. The New York Red Bulls. Founded in 1994 this team has its arena, the red bull arena in New Jersey.
Robert Pera - Memphis Grizzlies
The Memphis Grizzlies, a team of basketball players from Tennessee. Owned by Robert Pera, this team is funded from wireless networking gear. It's a worldwide technology company that Robert pera established in 2011. With a net worth of 18.3 billion dollars, Robert Pera is in the 6th position with his team on this list.
Steve Cohen - New York Mets
Next up is a renowned investor from America. Steve Cohen. With a total worth of 16 billion dollars, Cohen owns a baseball team that goes by the name, New York Mets. This major league baseball team is funded by Cohen's hedge funds. Which gives him almost 97.2% ownership of this team.
Roman Abramovich - Chelsea FC
A politician cum businessman, Roman Abramovich, the owner of an investment company owns the world-famous Chelsea FC. With the profits gained from the investment of steel primarily Roman funds his team with total finance of 14.5 billion dollars. His team founded in 1905 has greatly contributed to his increasing bank balance. With numerous league titles and trophies, this club has also contributed to giving Roman 7th position in this list.
Joseph Tsai - Brooklyn Nets
Sitting on the 8th position in this list is a Taiwan-based businessman Joseph Tsai. He is the co-founder of Alibaba Group. His 11.6 billion dollars worth has pushed him to buy his basketball team. The Brooklyn Nets. Funding his team from the earnings of e-commerce, Tsai and his team have 2 champion's trophies, 2 conference trophies, and 5 division titles signed to their name.
Philip Anschutz - Los Angeles King & LA Galaxy
At number 10 we have the Los Angeles King, an ice hockey team who has Philip's hand on their heads. This businessman from America again, with a net worth of 10.1 billion funded from all sorts of industries including real estate, movies, railroads, and energy plants keeps his team running.
In addition to that the LA Galaxy, another soccer team also owned by Philip runs parallel with his ice hockey team. Owning two teams greatly contributes to increasing the revenue of his wealth.
Conclusion
It's all calculated from the revenues of these billionaires that most of the gains they made were from these means. As stated earlier the investment in these areas comes with the minimum threat. Therefore why sit idle if you can play your card in these areas and end up wealthy? But competition always prevails. Tomorrow maybe this list will be laden with new names with huge net worth. We can only wait and watch how these billionaires use their billions.
FAQs
Who are the wealthiest owners of sports teams worldwide?
- Mukesh Ambani
- Steve Ballmer
- Daniel Gilbert
- Francois Pinault and Family
- Dietrich Mateschitz
- Robert Perra
- Steve Cohen
- Roman Abramovich
- Joseph Tsai
- Philip Anschutz
Which sports team owner is the richest?
Mukesh Ambani, the owner of Mumbai Indians tops the list among the richest sports team owners.
Which sports team is owned by Steve Cohen?
Steve Cohen owns baseball team, New York Mets.
Which sports team is owned by Steve Ballmer?
Steve Ballmer owns American professional basketball team "Los Angeles Clippers".
Author: Sushree Sangeeta Behera
Source : https://startuptalky.com/richest-sports-team-owners/
Date : 2021-08-01T05:02:00.000Z