The Elite Billionaires Behind the World’s Priciest Sports Teams: An Insight into their Wealth and Investment Strategies

How the Richest Sports Team Owners Built Their Fortunes

The 10 wealthiest sports team owners collectively own 15 major sports teams, including tech moguls, hedge fund managers, and heirs to massive fortunes. These billionaires are worth a combined $548.8 billion and own four soccer teams, four NBA teams, three NFL teams, two NHL teams, an MLB team, and a cricket team in India. As sports team values continue to skyrocket, the people who can afford to invest in these franchises are among the wealthiest people on the planet. Today’s list of wealthiest sports team owners includes two separate heirs to the Walmart fortune, Rob Walton and Ann Walton Kroenke, along with Bill Gates’ former assistant Steve Ballmer. Business Insider compiled a list of the wealthiest individuals who own a majority stake in a team from a major professional sports league and looked at how they made their fortunes using data from Forbes.

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