The wealthiest sports team owners are a diverse group that includes tech moguls, hedge fund managers, and heirs to massive fortunes. Forbes data highlights their varied backgrounds, from Walmart heirs to billionaires who made their money in finance.
According to Business Insider, the 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. These 10 billionaires, along with some of their families, 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.
Their investments in sports teams have proven lucrative as values continue to skyrocket. With so much money at stake and such high stakes involved, these wealthy individuals must be careful when it comes to making decisions about their teams’ operations and strategy.
