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Spending money has never been an issue for Los Angeles Clippers owner Steve Ballmer. In 2014, the former Microsoft CEO bought the NBA team for a then-record $2 billion, a move that was widely seen as an overpay at the time (Forbes had most recently valued the Clippers at $575 million). This January, Ballmer shelled out more than $152 million to extend 32-year-old, All-Star forward Kawhi Leonard’s contract for another three seasons, and he is expected make similar moves with his other aging talents, Paul George, 33, and James Harden, 34. Next year, one of his crowning achievements will come to fruition, when the Clippers move into their new home, the $2 billion Intuit Dome in Inglewood, California.<br/><br/>Despite the enormous bill Ballmer has racked up in a decade of team ownership, it’s barely dented his fortune. The 68-year-old is worth an estimated $121 billion, according to Forbes’ 2024 World’s Billionaires list, up from $80.7 billion in 2023. His 50% year-over-year wealth increase, primarily due to the stellar stock performance of Microsoft, has once again made Ballmer the richest sports team owner in the world.<br/><br/>The top spot was previously held by Mukesh Ambani, who owns the Mumbai Indians cricket team through his publicly traded conglomerate Reliance Industries. (Forbes has adjusted its methodology to exclude teams owned by public companies and, therefore, their shareholders. SoftBank CEO Masayoshi Son, owner of Japanese baseball’s Fukuoka SoftBank Hawks, was left off for the same reason, as well as teams owned by giant private conglomerates, including Red Bull’s Formula 1 team and INEOS’ Manchester United and OGC Nice.)<br/><br/>Read the full story on Forbes: https://www.forbes.com/sites/justinbirnbaum/2024/04/05/the-worlds-richest-sports-team-owners-2024/?sh=3d78f3ff309f<br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.

The World's 5 Richest Sports Team Owners

⏲ 3:10 👁 3.6M

ESPN

Bronny started to mock his dad 🤣#shorts

⏲ 14 seconds 👁 6.7M

CBS Sports

Tyreek interviewing Ray Lewis is too funny 😂

⏲ 46 seconds 👁 1.9M

DoT features the Philippine experience in Palawan <br/><br/>The Department of Tourism's (DoT's) Philippine Experience Program features Palawan. One of the island province's attractions is the Puerto Princesa Subterranean River National Park, a protected area located in the Saint Paul Mountain Range on Palawan's western coast, some 80 kilometers north of Puerto Princesa. The park is known for the Puerto Princesa Subterranean River, also known as the Underground River. It has been under the care of the city of Puerto Princesa since 1992, was recognized as a UNESCO World Heritage Site in 1999 and chosen as one of the New 7 Wonders of Nature in 2012. The City Tourism Department also offers tourists a paddle boat adventure to the mangrove forest and bird-watching. Moises Cruz of The Manila Times tries to eat the tamilok, a wood worm mollusk that lives in the mangrove or 'bakawan' along Palawan's coast. The tamilok, which is found on rotting wood or huge tree trunks, is also known as a 'ship worm.' Meanwhile, former Pinoy Big Brother housemate Jai Agpangan described her experiences in Palawan. <br/><br/>Video by Moises Cruz<br/><br/>Subscribe to The Manila Times Channel - https://tmt.ph/YTSubscribe <br/>Visit our website at https://www.manilatimes.net <br/> <br/>Follow us: <br/>Facebook - https://tmt.ph/facebook <br/>Instagram - https://tmt.ph/instagram <br/>Twitter - https://tmt.ph/twitter <br/>DailyMotion - https://tmt.ph/dailymotion <br/> <br/>Subscribe to our Digital Edition - https://tmt.ph/digital <br/> <br/>Check out our Podcasts: <br/>Spotify - https://tmt.ph/spotify <br/>Apple Podcasts - https://tmt.ph/applepodcasts <br/>Amazon Music - https://tmt.ph/amazonmusic <br/>Deezer: https://tmt.ph/deezer <br/>Tune In: https://tmt.ph/tunein<br/> <br/>#TheManilaTimes <br/>#tmtnews <br/>#puertoprinsesa <br/>#palawan <br/>#sevenwonders

DoT features the Philippine experience in Palawan

⏲ 2:13 👁 10.5M

BINAY PAUL

#fb #reels #trinding #viral #fbreels #video #youtubeshorts #youtube #reelsvideo

⏲ 27 seconds 👁 155

House of Highlights

LeBron APOLOGISES to Scott Foster \"you've been wanting to do that for 25 years\"👀 #shorts

⏲ 26 seconds 👁 3.7M

Monster Jam Showdown Announcement Trailer (2024) HD

⏲ 1:2 👁 715K

House of Highlights

Iggy Azelia came to congratulate Brunson after his 40 piece in MSG!#shorts

⏲ 18 seconds 👁 5.6M

Bleacher Report

Jokic’s brothers during his altercation with Booker 😳

⏲ 22 seconds 👁 993.2K

The Joe Rogan Experience Video - Episode latest update<br/>Paul Stamets is a mycologist and advocate for bioremediation and medicinal fungi. He has written, edited, and contributed to several books, including \

Episode 2134 Paul Stamets - The Joe Rogan Experience Video - Episode latest update

⏲ 2:32:6 👁 60K

House of Highlights

THIS is why the Nuggets Mascot makes over $600K a year!🤯 #shorts

⏲ 11 seconds 👁 5M

BlacktopBuckets

Charles Barkley Brings Shaq to Tears by MOCKING Kendrick Perkins Racist MVP Claim! Inside the NBA

⏲ 1 minute 28 seconds 👁 1.5M

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