Richest owners of sports teams worldwide in 2021

The owning of a professional sports team has come to be a status symbol among the mega rich. In 2021, Steve Ballmer, owner of the Los Angeles Clippers, had a net worth of 68.7 billion U.S. dollars, making him the second richest sports team owner worldwide. Ballmer, who served as the chief executive officer of Microsoft for 14 years, became the Los Angeles Clippers owner in 2014, purchasing the franchise for around two billion U.S. dollars. At the top of the list was Mukesh Ambani, owner of the Indian Premier League (IPL) franchise, Mumbai Indians. The Indian billionaire businessman is the 12th richest person in the world, having earned his fortuneas managing director and largest shareholder of Reliance Industries Ltd..