Mukesh Ambani becomes richest sports owner in Forbes Billionaire 2023 list
Mukesh Ambani was named the richest sports owner in the Forbes Billionaires 2023 list and according to the list, he has a net worth of $83.4 billion, surpassing Los Angeles Clippers owner Steve Ballmer who has a net worth of $80.7 billion.
An Overview of the News
Despite a 3% decline in Reliance Industries' share price over the past year, Ambani's net worth has still grown, reflecting the strength and diversity of his business interests.
Mukesh Ambani is the world's richest sports owner as of 10 March 2023.
Ambani-owned Reliance Industries has been expanding its presence in the sports industry in recent years.
The company bought a franchise in the inaugural Women's Premier League and owns cricket teams in South Africa and the United Arab Emirates.
5 richest sports team owners
Mukesh Ambani: With a net worth of $83.4 billion, Mukesh Ambani is the owner of the world's richest sports team. He is a citizen of India and is the owner of the Mumbai Indians, a cricket team that competes in the Indian Premier League.
Steve Ballmer: The former CEO of Microsoft, Steve Ballmer is an American citizen who owns the Los Angeles Clippers, a professional basketball team. His net worth has been estimated at $80.7 billion.
Rob Walton: Heir to the Walmart fortune, Rob Walton is an American citizen who owns the Denver Broncos, a professional football team. His net worth has been estimated at $57.6 billion.
François Pinault and Family: François Pinault is a French billionaire who owns Stade Rennais F.C., a professional football team in France. are the owners of. His net worth has been estimated at $40.1 billion.
Mark Mateschitz: is an Austrian businessman who owns several sports teams, including professional football and Formula One racing teams, the New York Red Bulls and Red Bull Racing, respectively. He is also the owner of the German professional football team RB Leipzig. His net worth has been estimated at $34.7 billion.
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