The world’s 20 richest sports owners, led by Mukesh Ambani, are valued at $509 billion in total.

Mukesh Ambani, has been crowned the richest sports owner in the “Forbes Billionaire 2023” list, with a net value of $83.4 billion, overtaking Steve Ballmer.

India’s Mukesh Ambani, the founder of the cricket side Mumbai Indians, is the world’s wealthiest sports owner. With a net worth of $83.4 billion as of March 10, 2023, when Forbes finalized the list of the world’s billionaires, Ambani has surpassed Steve Ballmer, owner of the Los Angeles Clippers, as the richest person in the world. Reliance Industries, the company owned by Ambani, had a 3% decline in share price over the previous year, but not as much as Microsoft, where Ballmer served as CEO from 2000 to 2014. Ballmer is now the second-wealthiest team owner on the globe after his net worth dropped by $10.7 billion to $80.7 billion as a result of a 13% decline in Microsoft shares.

Soccer is the sport with the highest representation among the 20 richest owners, having 8 individuals owning stakes in 10 teams. It involves 5 Major League Soccer teams, which have grown to be a well-liked pathway for wealthy individuals to invest in. According to Forbes, 19 billionaires or members from billionaire families own significant ownership shares in the MLS team. This year, LAFC became the league’s first billion-dollar franchise, and with soccer’s popularity expanding, the wealth of those involved in the sport might continue to rise. Football is accompanied by the NFL, which has seven owners, and the NBA, which has five.

20 Most Richest Sports Team Owners

Here is the list of World’s 10 richest entrepreneurs, based on Forbes Billionaires list, who own sports teams:

1. Mukesh Ambani (Mumbai Indians)

Ambani, the chairman of RIL, owns the IPL team Mumbai Indians and has an estimated net worth of $83.4 billion.

2. Steve Ballmer (Los Angeles Clippers)

Former Microsoft CEO Ballmer is the owner of the Los Angeles Clippers and has an estimated net worth of $80.7 billion.

3. Rob Walton (Denver Broncos)

The Walmart heir owns the Denver Broncos and has an estimated worth of $57.6 billion.

4. François Pinault & family (Stade Rennais FC)

The founder of luxury giant Kering bought French Ligue 1 soccer club Stade Rennais FC. The total wealth of François Pinault and family is $40.1 billion.

5. Mark Mateschitz (New York Red Bulls, RB Leipzig, Red Bull Racing)

Red Bull founder Dietrich Mateschitz’s son Mark Mateschitz controls New York Red Bulls, Red Bull Racing, and RB Leipzig and has a net worth of $34.7 billion.

6. James Ratcliffe (OGC Nice)

In 2019, the founder and chairman of INEOS purchased OGC Nice of Ligue 1. He has a net worth of $22.9 billion .

7. Masayoshi Son (Fukuoka SoftBank Hawks)

The Fukuoka SoftBank Hawks are owned by a Japanese billionaire with a $22.4 billion net worth.

8. David Tepper (Carolina Panthers, Charlotte FC)

He is the owner of the Carolina Panthers and Charlotte FC, and he has net worth of $18.5 billion.

9. Daniel Gilbertx (Cleveland Cavaliers)

The Quicken Loans & StockX cofounder owns the Cleveland Cavaliers and has net worth of $18 billion.

10. Steve Cohen (New York Mets)

The New York Mets is owned by the billionaire Steve Cohen, who has a $17.5 billion net worth.

11. Robert Pera (Memphis Grizzlies)

The Memphis Grizzlies purchased in 2012 by the founder & CEO of the manufacturer of wireless equipment Ubiquiti Networks. He has a $15.5 billion net worth.

12. Jerry Jones (Dallas Cowboys)

The American billionaire owns the Dallas Cowboys and has a net worth of $13.3 billion.

13. Stanley Kroenke (Los Angeles Rams, Denver Nuggets, Colorado Avalanche, Colorado Rapids, Arsenal FC)

He owns the Los Angeles Rams, Denver Nuggets, Colorado Avalanche, Colorado Rapids, and Arsenal FC and has a net worth of $12.9 billion.

14. Shahid Khan (Jacksonville Jaguars, Fulham FC)

Along with the Jacksonville Jaguars, Khan has ownership interests in All Elite Wrestling and Premier League team Fulham FC, both of which he co-owns with his son Tony. He has a net worth of $12.1 billion.