• Loading stock data...
Tuesday, April 22, 2025

The 20 Richest American Sports Team Owners for 2023

  • For the ninth straight year, Los Angeles Clippers owner Steve Ballmer tops Forbes’ list of the 20 wealthiest owners in American sports.
  • Denver Broncos owner Rob Walton and Cleveland Cavaliers owner Dan Gilbert round out the top three.
Los Angeles Clippers owner Steve Ballmer stands court side before the game against the Golden State Warriors Chase Center.
Kelley L Cox-USA TODAY Sports

Regarding sports team ownership, performance on the field or court isn’t always king.

For the ninth straight year, Los Angeles Clippers owner Steve Ballmer — who made his fortune as the former CEO of Microsoft — tops Forbes’ list of the 20 richest owners in American sports derived from the publication’s Forbes 400, which tracks the net worths of the richest people in the United States.

The runner-up for the second consecutive year is Walmart heir Rob Walton, who purchased the Denver Broncos for $4.65 billion in June 2022.

Coming in at third is Rocket Mortgage and Cleveland Cavaliers owner Dan Gilbert, who leapfrogged his way into the top three after finishing sixth in 2022’s list. Memphis Grizzlies owner Robert Pera fell precipitously year-over-year from fourth to 14th.

For all the wealth on the list, few Americans crack the world’s list released last April: Ballmer was dethroned from the world’s top spot by Mukesh Ambani, owner of the Mumbai Indians in cricket’s Indian Premier League.

Here is the complete list of America’s top 20 wealthiest sports owners:

RankOwnerTeamsNet Worth
1Steve BallmerLos Angeles Clippers$101 billion
2Rob WaltonDenver Broncos$67.4 billion
3Dan GilbertCleveland Cavaliers$21.3 billion
4David TepperCarolina Panthers$20.6 billion
5Steve CohenNew York Mets$19.8 billion
6Philip AnschutzLos Angeles Kings, LA Galaxy$14.8 billion
7Stan KroenkeLos Angeles Rams, Arsenal FC, Denver Nuggets, Colorado Avalanche, Colorado Rapids$14.6 billion
8Jerry JonesDallas Cowboys$14.5 billion
9Shahid KhanJacksonville Jaguars, Fulham FC$12.2 billion
10Robert KraftNew England Patriots, New England Revolution$11.1 billion
11Stephen RossMiami Dolphins$10.1 billion
12Henry SamueliAnaheim Ducks$10 billion
13Jimmy HaslamCleveland Browns, Columbus Crew, Milwaukee Bucks$8.7 billion
14Robert PeraMemphis Grizzlies$8.3 billion
15 (tie)Tom GoresDetroit Pistons$8.1 billion
15 (tie)Antony ResslerAtlanta Hawks$8.1 billion
17 (tie)Rocco CommissoACF Fiorentina$8 billion
17 (tie)Tilman FertittaHouston Rockets$8 billion
19Arthur BlankAtlanta Falcons$7.9 billion
20Stephen BisciottiBaltimore Ravens$7.2 billion

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Feb 3, 2025; New Orleans, LA, USA; Super Bowl LIX signage at the Hyatt Hotel.

New Orleans Home Rentals Skyrocket Around Super Bowl

Short-term rental revenue has already reached $10.5 million.
Jun 12, 2024; Dallas, Texas, USA; NBA TV analyst Charles Barkley talks on set before game three of the 2024 NBA Finals between the Boston Celtics and the Dallas Mavericks at American Airlines Center.

Charles Barkley Will Deny NBC, Amazon Offers to Stick With Turner

Barkley has repeatedly flip-flopped in his career plans in recent years.

Fox Reports Big Sports Profits, Eyes New Streaming Service

Football and baseball helped power surges in company revenue and net income.

NFL Aims for Eight International Games in 2025 but May Fall Short

The league wanted to expand from five to eight international games next season.

Featured Today

‘Ultimate Throwback’: The Unimpeachable Cool of Hartford Whalers Gear

Nostalgia and street cred have driven a consistent frenzy for merch.
January 20, 2024; Santa Clara, CA, USA; Kristin Juszczyk, wife of San Francisco 49ers fullback Kyle Juszczyk (44), before a 2024 NFC divisional round game against the Green Bay Packers at Levi's Stadium.
February 1, 2025

The New WAGs: Sports Wives Building Business Empires

Athletes’ wives and girlfriends are bucking stereotypes and cashing in.
Feb 3, 2019; Berkeley, CA, USA; California Golden Bears mascot dances on the court during a stoppage in play in the second half against the Stanford Cardinal at Haas Pavilion.
January 31, 2025

The Toll of Bicoastal Travel on New ACC Members Cal and Stanford

Cal and Stanford face missed flights, chaotic sleep schedules, and academic demands.
January 28, 2025

It’s Starting to Pay to Be Good at Cornhole

American Cornhole League players made $7.7 million in 2024.
Dec 1, 2024; Landover, Maryland, USA; Washington Commanders general manager Adam Peters (L) talks with Commanders owner Josh Harris (R) on the field prior to the game against the Tennessee Titans at Northwest Stadium.

CEO Leaves $13 Billion Soup Company to Run Commanders

The new president will lead the planning and development of the team’s stadium.
November 15, 2024

Adam Silver Defends NBA Product Amid Sluggish Ratings

Silver said the NBA compares itself to “the biggest brands in the world.”
LPGA Commissioner Mollie Marcoux Samaan after the final round of golf during the CME Group Tour Championship at the Tiburon Golf Club in Naples, Fla., Sunday, November 19, 2023.
December 2, 2024

LPGA Commissioner Leaving After Brief Up-and-Down Tenure

Mollie Marcoux Samaan was hired in 2021.
Sponsored

How UBS Crafts Impactful Partnerships Across Sports, Arts, and Culture

As UBS continues to expand its impressive array of sports and entertainment partnerships, the company solidifies its position as a leader in wealth management.
November 11, 2024

Endeavor to Sell OpenBet, IMG Arena to Its CEO Ari Emanuel

The move is “a necessary step” as Endeavor seeks to go private.
May 22, 2024; Minneapolis, Minnesota, USA; Minnesota Timberwolves minority owners Marc Lore and Alex Rodriguez look on in the second half against the Dallas Mavericks during game one of the western conference finals for the 2024 NBA playoffs at Target Center.
October 23, 2024

A-Rod, Lore Deposit $940M As Wolves Ownership Hearing Nears

Rodriguez and Lore made a large escrow deposit in advance of a key upcoming arbitration hearing.
October 22, 2024

Dude Perfect CEO’s Task: Make the Dudes a Media Company

Dude Perfect’s new CEO wants fans to be able to experience the brand in person.
Feb 13, 2023; Beverly Hills, CA, USA; Disney CEO Bob Iger arrives at the 95th Oscars nominees luncheon at the Beverly Hilton in Beverly Hills, Calif. on Monday, Feb. 13, 2023.
October 21, 2024

Bob Iger’s Successor Won’t Be Named Until 2026

Iger’s current contract expires at the end of 2026.