Plus234Feed

World's Richest Sports Team Owners Revealed by Forbes

World's Richest Sports Team Owners Revealed by Forbes

According to Forbes, the latest ranking of the world's richest sports team owners highlights the financial power of billionaires across various sports. Bernard Arnault, CEO of LVMH and owner of Paris FC, tops the list with an estimated net worth of $171 billion.

He acquired a major stake in the French soccer club in 2024, overseeing its promotion to Ligue 1, France's top division. Rob Walton, heir to the Walmart fortune and owner of the NFL's Denver Broncos, ranks second with a net worth of $146 billion.

Former Microsoft CEO Steve Ballmer, owner of the Los Angeles Clippers, comes in third with a net worth of $126 billion. Forbes' ranking includes 25 owners with a collective worth of $903 billion, marking a 49% increase from the previous year.

The calculations are based on net worth as of March 1, 2026, and focus on major stakes held in teams, excluding minor stakes.

Plus234Feed summary based on reporting from Punch Newspapers. Read the original report below.

Read full article

Continue on Punch Newspapers

Visit
Share