Photonews Logo Photonews logo
  • Home
  • Pakistan
    • Punjab
    • Sindh
    • Khyber Pakhtunkhwa
    • Azad Jammu Kashmir
    • Balochistan
    • Gilgit – Baltistan
  • World
  • Business
  • Entertainment
  • Videos
    Zayn Malik
    Videos

    Zayn Malik Releases Die For Me Music Video Ahead of New Album

    February 6, 2026 3 Min Read
    Masters of the Universe teaser
    Videos

    Masters of the Universe Teaser Reveals Nicholas Galitzine as He-Man

    January 22, 2026 3 Min Read
    Bridgerton Season 4 trailer
    EntertainmentVideos

    Bridgerton Season 4 Trailer Reveals Benedict’s Love Story

    December 26, 2025 2 Min Read
  • Sports
  • Technology
  • Offbeat
  • Blog
  • Contact
Reading: Pakistani American amongst richest sport team owners in the world
PhotoNews PakistanPhotoNews Pakistan
Font ResizerAa
Search
  • Home
  • Pakistan
    • Punjab
    • Sindh
    • Khyber Pakhtunkhwa
    • Balochistan
    • Azad Jammu Kashmir
    • Gilgit – Baltistan
  • World
  • Business
  • Entertainment
  • Videos
  • Sports
  • Technology
  • Offbeat
  • Blog
  • Contact
Have an existing account? Sign In
Follow US
© 2022 Photonews. All Rights Reserved.
Shahid Khan
PhotoNews Pakistan > Sports > Pakistani American amongst richest sport team owners in the world
Sports

Pakistani American amongst richest sport team owners in the world

Web Desk
By Web Desk Published March 4, 2016 4 Min Read
Share
SHARE

This week’s Forbes magazine list of the world’s wealthiest people finds 63 billionaires around the planet worth a combined $285 billion.  All combined they own 81 teams across seven sports over 12 leagues.

The NFL’s richest owners include Pakistan-born Shahid Khan ($5.9 billion) of the Jacksonville Jaguars and England’s Fulham football club.

The richest of the lot is former Microsoft chief executive Steve Ballmer, owner of the NBA Los Angeles Clippers, who has a net worth of $23.5 billion after spending $2 billion in 2014 for the club once owned by Donald Sterling before racist statements led to his life ban from the league.

That record price came only months before the NBA signed a record set of nine-year television contract extensions for a total of $24 billion.

Second on the list of world’s richest team owners was India’s richest man, Mukesh Ambani, whose net worth is $19.3 billion. He owns the Mumbai Indians of cricket’s India Premier League.

The remainder of the top five include Paul Allen ($17.5 billion net worth), who started Microsoft with Bill Gates and who owns the NFL Seattle Seahawks and NBA Portland Trail Blazers; Dietrich Mateschitz (13.2 billion) of various Red Bulls football teams — the richest man in football or auto racing — and Stephen Ross ($12 billion) of the NFL Miami Dolphins.

Only five of the world’s 100 richest people own sport teams, none in the top 25 with Balmer best at 26th.

The list also included Jerry Jones ($5 billion) of the Dallas Cowboys and  Allen, Ross, Kroenke.

The listing also did not include billionaire families, such as the Glazers, who own English Premier League football side Manchester United and the Tampa Bay Buccaneers, or the Steinbrenners, owning family of Major League Baseball’s New York Yankees.

The NBA has jumped over the NFL in terms of billionaire owners with 20 worth a combined $102 billion compared to the NFL’s 19.

After Ballmer, the wealthiest NBA owner is Stan Kroenke, owner of the Denver Nuggets, NFL Los Angeles Rams, NHL Colorado Avalanche, Major League Soccer Colorado Rapids and English Premier League giants Arsenal.

Other top-five richest NBA owners include Russian Mikhail Prokhorov ($7.6 billion) of the Brooklyn Nets, Mickey Arison ($7.1 billion) of the Miami Heat and Charles Dolan (45 billion) of the New York Knicks.

Washington Nationals owner Ted Lerner, a real estate mogul, tops the richest Major League Baseball owners at $5.5 billion.

Phil Anschutz is the richest of 10 NHL billionaire owners at $9.7 billion. He owns the Los Angeles Kings and Major League Soccer’s Los Angeles Galaxy.

The richest man in sport is Phil Knight, the Nike co-founder ranked 24th on the full Forbes list at $24.4 billion, up 13 percent from last year. He plans to step down this year as chairman of the sportswear giant.

There are four women billionaires who own sports teams, including the NFL’s Joan Tisch ($3.3 billion) of the New York Giants, Denise York ($1.9 billion) of the San Francisco 49ers) and Martha Ford ($1.3 billion) of the Detroit Lions and Gail Miller ($1.4 billion of the NBA Utah Jazz.

TAGGED:Pak­istan
Share This Article
Facebook Twitter Pinterest Whatsapp Whatsapp LinkedIn Email Copy Link Print
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Advertisement

Recent Posts

Karol G

Karol G Tropicoqueta Tour Takes Shape With New US Dates

Peshawar Zalmi vs Karachi Kings

Peshawar Zalmi vs Karachi Kings: Mendis and Ali Raza Seal Win

Sindh Govt: Officials E-Challans

Karachi Vehicles Without Number Plates to Face Cases

Post Archives

More Popular from Photonews

Cristiano Ronaldo Bella Esmeralda
Sports

Cristiano Ronaldo Marks Bella Esmeralda’s Birthday With Tribute

2 Min Read
Close-up of a phone showing the Claude by Anthropic app logo, with a blurred Anthropic logo behind it.
Tech

Anthropic Launches Claude Opus 4.7 as Top Public AI Model

3 Min Read
Dasun Shanaka
Sports

PCB Bans Dasun Shanaka From PSL 12 Over Contract Breach

3 Min Read
Top NewsWorld

Trump’s Iran Deal Push Raises Hope And Confusion

The latest round of confusion over the Trump-Iran deal has left world leaders, markets, and observers…

April 18, 2026
World

Countries Discuss Strait of Hormuz Mission After Conflict

Countries gathered in Paris on Friday for Strait of Hormuz mission talks, a European-led effort to…

April 17, 2026
Offbeat

Lynette Hooker Disappearance Timeline Faces New Questions

The Lynette Hooker disappearance timeline is facing fresh scrutiny after a bartender in the Bahamas said…

April 20, 2026
World

Xi Diplomacy Hosts World Leaders As Trump Clashes With Allies

Chinese President Xi Jinping capped a busy diplomatic stretch with a series of high-level meetings that…

April 18, 2026
PhotoNews Pakistan

Always Stay Up to Date

Subscribe to our newsletter to get our newest articles instantly!

Categories

  • World
  • Pakistan
  • Punjab
  • Sindh
  • Khyber Pakhtunkhwa
  • Balochistan
  • Azad Jammu Kashmir

 

  • Top News
  • Business
  • Entertainment
  • Sports
  • Videos
  • Tech
  • Offbeat
  • Blog
  • About Us
  • Privacy Policy
  • Code of Ethics & Editorial Standards

© 2026 Phototnews
All Rights Reserved.

Welcome Back!

Sign in to your account

Lost your password?