Photonews Logo Photonews logo
  • Home
  • Pakistan
    • Punjab
    • Sindh
    • Khyber Pakhtunkhwa
    • Azad Jammu Kashmir
    • Balochistan
    • Gilgit – Baltistan
  • World
  • Business
  • Entertainment
  • Videos
    Billie Eilish Elon Musk
    EntertainmentVideos

    Billie Eilish Criticizes Elon Musk, Calls Billionaire Wealth “Pathetic”

    November 14, 2025 3 Min Read
    Gen V Season 2 trailer
    Videos

    Gen V Season 2 Trailer Cast, Plot, Premiere Details

    July 26, 2025 3 Min Read
    IShowSpeed Daniel La Belle race
    Videos

    IShowSpeed Beats Daniel La Belle in 40-Meter Race, Hits 41M Subscribers

    June 24, 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

HBL Saving Made Easy
HBL Saving Made Easy

Recent Posts

Latin Grammy Awards 2025

Latin Grammy Awards 2025: Bad Bunny Leads with 12 Nominations

Bumrah Bavuma stump mic

Jasprit Bumrah’s Body-Shaming Remarks Spark Controversy

Federal Constitutional Court Chief Justice

 Justice Amin Uddin Khan Sworn In as Chief Justice of Federal Constitutional Court

Post Archives

More Popular from Photonews

Sri Lanka Pakistan ODI series
Sports

Sri Lanka Cricket Confirms Pakistan Tour Will Continue After Security Concerns

3 Min Read
Pakistan Armed Forces 27th Constitutional Amendment Pakistan
PakistanTop News

27th Constitutional Amendment Proposed Military Command Changes in Pakistan

2 Min Read
Opposition Protests 27th Amendment
Pakistan

Opposition Launches Movement Against 27th Constitutional Amendment

3 Min Read
Top NewsWorld

Saudi-Israel Normalization Unlikely During MBS White House Visit

Saudi Crown Prince Mohammed bin Salman is scheduled to visit the White House this month. Despite…

November 10, 2025
Pakistan

What Changes Did the National Assembly Make to the Senate-Approved 27th Amendment?

The National Assembly passed the Constitution (Twenty-seventh Amendment) Bill, 2025, on Wednesday, introducing significant revisions to…

November 13, 2025
Tech

Samsung Galaxy Z TriFold Leaks Reveal Large Battery, Triple-Fold Desig

Samsung's highly anticipated Galaxy Z TriFold may feature a substantially larger battery than current foldable models…

November 13, 2025
Offbeat

China’s ‘Marriage Tourism’ Push Reverses National Decline in Weddings

Chinese authorities are utilising scenic views and convenience to address a national decline in marriage rates.…

November 8, 2025
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

© 2024 Phototnews
All Rights Reserved.

Welcome Back!

Sign in to your account

Lost your password?