Mukesh Ambani becomes world's richest sports owner; Know top 10 richest sports team owners-

India"s richest person Mukesh Ambani, who is the owner of IPL team Mumbai Indians topped the list with a whopping net worth of $83.4 billion according to Forbes list.

Sports    05-Apr-2023
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Reliance Industries Chairman Mukesh Ambani has also become the world’s wealthiest sports owner. The owner of Mumbai Indians cricket team surpassed Steve Ballmerm to become the world’s richest sports owner on Forbes billionaire 2023 list.
 
Mukesh Ambani becomes world's richest sports owner
 
The billionaire has also regained his spot as Asia's richest person in the Forbes Billionaire 2023 list.
 
The list, released on April 4, said that the 20 richest sports owners on the planet are collectively worth $509 billion, led by India’s Ambani. "The richest sports owner of all is India’s Mukesh Ambani, owner of the Mumbai Indians cricket team. Ambani has reclaimed the top spot from Los Angeles Clippers owner Steve Ballmer," the Forbes report said.
 
 
The Indian Premier League (IPL) team was named India’s most valuable cricket franchise, worth $1.3 billion, by Forbes last year.
 
Ambani topped the list with a whoppning net worth of $83.4 billion as of March 10, 2023 - when Forbes locked in the wealth for the 2023 World’s Billionaires list. What’s important to note here is that shares of Ambani’s conglomerate RIL fell 3 per cent over the past year but not as much as shares of Microsoft, where Ballmer was CEO from 2000 to 2014.
 
A decline of 13 per cent in the company’s shares pushed Ballmer’s net worth down by $10.7 billion, to $80.7 billion, making him the planet’s second-wealthiest team owner. Reliance recently purchased a franchise in the inaugural Women’s Premier League and owns cricket teams in South Africa and UAE.
 
Here are 10 richest sports team owners-
 
 
1. Mukesh Ambani - RIL Chairman Ambani owns IPL team Mumbai Indians and has a net worth of $83.4 billion.
 
2. Steve Ballmer - Former CEO of Microsoft Ballmer owns Los Angeles Clippers and has a net worth of $80.7 billion.
 
3. Rob Walton -The Walmart heir is the owner of Denver Broncos and has a net worth of $57.6 billion.
4. François Pinault & family - The founder of luxury giant Kering bought French Ligue 1 soccer club Stade Rennais FC. François Pinault & family’s net worth is $40.1 billion.
 
5. Mark Mateschitz - Red Bull founder Dietrich Mateschitz’s son owns New York Red Bulls, Red Bull Racing, RB Leipzig and has a net worth of $34.7 billion.
 
6. James Ratcliffe -The founder and chairman of INEOS bought Ligue 1’s OGC Nice in 2019. His net worth is $22.9 billion.
 
7. Masayoshi Son -The Japanese billionaires is the owner of Fukuoka SoftBank Hawks and has a net worth of $22.4 billion.
 
8. David Tepper - He owns Carolina Panthers, Charlotte FC and has a net worth of $18.5 billion.
 
9. Daniel Gilbert - The Quicken Loans and StockX cofounder owns Cleveland Cavaliers and has a net worth of $18 billion.
 
10. Steve Cohen - The billionaire, with a $17.5 billion net worth owns New York Mets.