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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 👁 2.4M

Curly Tales

Sunday Brunch With Akshay Kumar & Tiger Shroff X Kamiya Jani | EP 130 | Curly Tales

⏲ 33 minutes 15 seconds 👁 413.6K

FilmiFever

Maidaan REVIEW | Admin REACTION & OPINION | Ajay Devgn, Gajraj Rao, Priyamani

⏲ 9 minutes 50 seconds 👁 3.1K

Vermont Sports Betting Applications and Scoring System Overview from star sports new video

Vermont Sports Betting Applications and Scoring System Overview

⏲ 4:18 👁 775K

CarryMinati's Interview as Hardik Pandya | Cheeky Singles | FRI to SUN only on Star Sports

⏲ 54 seconds 👁 16.1K

CWC 2023 | Fiery Pakistan Will Aim to Get Off on a Winning Start

⏲ 50 seconds 👁 77.5K

Bukas na ang pilot episode ng \

Kauna-unahang sports podcast ng GMA Integrated News na \

⏲ 1:2 👁 425K

TNPL 2023 | Trichy v Dindigul Key Moments | Match 4

⏲ 19 seconds 👁 23.8K

#SRHvCSK \"Jab tak Maidaan mein Dhoni hain, tab tak match hai\" | Ajay Devgn Joins The Game #IPLOnStar

⏲ 2 minutes 58 seconds 👁 20.3K

Unang Balita is the news segment of GMA Network's daily morning program, Unang Hirit. It's anchored by Arnold Clavio, Susan Enriquez, Ivan Mayrina, and Mariz Umali, and airs on GMA-7 Mondays to Fridays at 5:30 AM (PHL Time). For more videos from Unang Balita, visit http://www.gmanetwork.com/unangbalita.<br/><br/>#GMAIntegratedNews #KapusoStream<br/><br/>Breaking news and stories from the Philippines and abroad:<br/>GMA Integrated News Portal: http://www.gmanews.tv<br/>Facebook: http://www.facebook.com/gmanews<br/>TikTok: https://www.tiktok.com/@gmanews<br/>Twitter: http://www.twitter.com/gmanews<br/>Instagram: http://www.instagram.com/gmanews<br/><br/>GMA Network Kapuso programs on GMA Pinoy TV: https://gmapinoytv.com/subscribe

Mga nasunugan sa Isla Puting Bato, nananatili muna sa Delpan Sports Complex | UB

⏲ 0:54 👁 345K

#SRHvCSK: Ajay Devgn & Priyamani test their cricket knowledge during the match | #IPLOnStar

⏲ 3 minutes 20 seconds 👁 34.3K

Sidhu, Rayudu, & Kaif discuss the best stories so far from #IPL2024 | Cricket Live Gold

⏲ 19 minutes 10 seconds 👁 43.4K

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