With professional sports being a multi-billion dollar business, I thought it might be interesting to see who the wealthiest sports team owners were.
Back in May, Forbes released its annual list of the world’s billionaires and below I have listed the top seven sports team owners on that list.
Ambani is a cricket fanatic and the owner of the Mumbai Indians cricket team with a net worth of $22.3 billion and ranked 19th on the Forbes list.
In addition to owning the Indians, Ambani is chairman of oil & gas conglomerate Reliance Industries and ranks as Asia’s second-wealthiest man.
In 2010, he was named among the most powerful people in the world.
According to reports, Ambani once payed over $1 million for boxes at the ICC World Cup final.
Akhmetov is the owner of the Ukrainian football (soccer) club Shakhtar Donetsk with a net worth of $16 billion and is ranked 39th on the Forbes list.
He is the founder and President of System Capital Management (SCM), a mining and steel company with some $23 billion in assets and is ranked among the wealthiest men in Russia.
In 2009 the Shakhtar Donesk became the first Ukrainian team to take the UEFA Cup.
Allen is the owner of the NFL’s Seattle Seahawks and the NBA’s Portland Trail Blazers with a net worth of $14.2 billion and is ranked 48th on the Forbes list.
He is also part-owner of the MLS’s Seattle Sounders FC, which joined Major League Soccer in 2009.
He was one of the original founders of Microsoft and the number two guy behind Bill Gates.
Allen was listed among the Time 100 Most Influential People in The World in 2007 and 2008.
Prokhorov is the owner of the NBA’s Brooklyn Nets with a net worth of $13.2 billion and is ranked 57th on the Forbes list.
After graduating from the Moscow Finance Institute he made his name in the financial sector and went on to become one of Russia’s leading industrialists in the precious metals sector.
In May of 2010, the NBA approved the sale of the Nets to Prokhorov, making him majority owner of the team with an 80% stake and the first non-North American NBA owner.
He also has a 45% interest in their new Barclays Center.
Abramovich is the owner of Chelsea Football Club and an English Premier League football team, with a net worth of $12.1 billion and is ranked 68th on the Forbes list.
He is a Russian business tycoon and the main owner of the private investment company Millhouse LLC.
After purchasing the Chelsea Football (soccer) Club in 2003, the club immediately launched an aggressive program of commercial development with the goal of making it a worldwide brand on par with other European football dynasties such as Manchester United and Real Madrid.
Since Abramovich took over the club in 2003 they have won the UEFA Champions League, the Premier League three times, the FA Cup four times and the League Cup twice.
Anschutz is the owner of the NBA’s Los Angeles Lakers and the NHL’s Los Angeles Kings with a net worth of $7 billion and is ranked 133rd on the Forbes list.
In 1961, Anschutz bought out his father’s drilling company and earned large returns in Wyoming and has also invested in stocks, real estate and railroads.
He soon began to invest in professional sports, co-founding Major League Soccer as well as multiple teams including the Los Angeles Galaxy, Chicago Fire, Houston Dynamo, San Jose Earthquakes, and the New York / New Jersey Metro Stars.
Anschutz also has invested in arenas such as the Staples Center in Los Angeles, the O2 Arena in London, and the Home Depot Center in Carson, CA.
Berlusconi is the owner of the UK soccer club AC Milan and Argentine sports club Boca Juniors with a net worth of $5.9 billion and is ranked 169th on the Forbes list.
He is an Italian politician and media tycoon who served three times as Prime Minister of Italy.
Berlusconi holds significant assets in television, newspapers, publishing, cinema, finance, banking, insurance, and sports.
A.C. Milan along with Boca Juniors has won the most FIFA recognized international club titles in the world.