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Top 5 billionaires in US sport industry

By Minh Hieu   February 18, 2024 | 03:00 pm PT
Los Angeles Clippers basketball club owner Steve Ballmer maintains his nine-year reign as the U.S.’s wealthiest sports team owner, with several billionaires trailing behind, according to Forbes.

1. Steve Ballmer, 67

Los Angeles Clippers basketball club owner Steve Ballmer. Photo by ReutersSteve Ballmer served as the CEO of Microsoft from 2000 to 2014. He bought the professional basketball team Los Angeles Clippers, which competes in the prestigious National Basketball Association (NBA) league, in 2014, and has been the country’s richest sports team owner ever since. As of Feb.16, his net worth stands at an estimated US$119.4 billion.

Los Angeles Clippers basketball club owner Steve Ballmer. Photo by Reuters
Steve Ballmer served as the CEO of Microsoft from 2000 to 2014. He bought the professional basketball team Los Angeles Clippers, which competes in the prestigious National Basketball Association (NBA) league, in 2014, and has been the country’s richest sports team owner ever since. As of Feb.16, his net worth stands at an estimated US$119.4 billion.

2. Rob Walton, 79

Wal-Mart Stores Chairman Rob Walton at an annual shareholders meeting in Arkansas. Photo by ReutersRob Walton, heir to Walmart’s retail empire, owns the Denver Broncos, a professional football team. He acquired the Broncos in 2022 for $4.7 billion and boasted a net worth of $70.1 billion as of Feb. 16.

Wal-Mart Stores Chairman Rob Walton at an annual shareholders meeting in Arkansas. Photo by Reuters
Rob Walton, heir to Walmart’s retail empire, owns the Denver Broncos, a professional football team. He acquired the Broncos in 2022 for $4.7 billion and boasted a net worth of $70.1 billion as of Feb. 16.

3. Miriam Adelson, 78

Miriam Adelson at a Republican event in Las Vegas, Nevada, U.S. on Oct. 28, 2023. Photo by ReutersMiriam Adelson holds the majority ownership of the NBA’s Dallas Mavericks. She is the widow of casino giant Las Vegas Sands’ former CEO and chairman, Sheldon Adelson. Her net worth is currently estimated at $36.4 billion.

Miriam Adelson at a Republican event in Las Vegas, Nevada, U.S. on Oct. 28, 2023. Photo by Reuters
Miriam Adelson holds the majority ownership of the NBA’s Dallas Mavericks. She is the widow of casino giant Las Vegas Sands’ former CEO and chairman, Sheldon Adelson. Her net worth is currently estimated at $36.4 billion.

4. Daniel Gilbert, 62

Cleveland Cavaliers owner Daniel Gilbert (left) prior to the teams pre-season NBA basketball game in Cleveland, Ohio, on Oct. 17, 2006. Photo by ReutersDaniel Gilbert acquired majority ownership of the NBA’s Cleveland Cavaliers for $375 million in 2005. He is the chairman and founder of Rocket Companies, a Detroit-based financial technology firm with a market capitalization of $22.33 billion. Forbes estimated his net worth to be approximately $24.7 billion as of Feb. 16.

Cleveland Cavaliers owner Daniel Gilbert (left) prior to the team's pre-season NBA basketball game in Cleveland, Ohio, on Oct. 17, 2006. Photo by Reuters
Daniel Gilbert acquired majority ownership of the NBA’s Cleveland Cavaliers for $375 million in 2005. He is the chairman and founder of Rocket Companies, a Detroit-based financial technology firm with a market capitalization of $22.33 billion. Forbes estimated his net worth to be approximately $24.7 billion as of Feb. 16.

5. David Tepper, 66

Carolina Panthers owner David Tepper at a press conference in 2022. Photo by Abaca PressDavid Tepper is the owner of two professional sports teams: Major League Soccer (MLS)’s Charlotte FC and the National Football League (NFL)’s Carolina Panthers. His net worth stood at US$20.6 billion as of Feb. 16.

Carolina Panthers owner David Tepper at a press conference in 2022. Photo by Abaca Press
David Tepper is the owner of two professional sports teams: Major League Soccer (MLS)’s Charlotte FC and the National Football League (NFL)’s Carolina Panthers. His net worth stood at US$20.6 billion as of Feb. 16.
 
 
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