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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

Cplusnet Router

海外看CCTV5体育频道中超足协杯等足球比赛直播节目

⏲ 59 seconds 👁 34.1K

新聞看點李沐陽

馬習二會嚴重降格；央視刪改習講話，馬英九炫口誤藝術？朱立倫將訪中；空前舉措防中共，美日畫驅鬼靈符【新聞看點李沐陽4.10】

⏲ 22 minutes 16 seconds 👁 33.8K

Donald Trump was removed from Bloomberg's list of the top 500 billionaires after the stock price of his Truth Social platform plunged. On Tuesday, Trump was no longer on the billionaire list, which ranked people by net worth. Truth Social parent company stock fell over 12% on Friday and 8% on Monday. The stock with ticker \

Trump Dropped from Bloomberg's Top 500 Billionaires List as Truth Social Stock Plunges

⏲ 0:50 👁 335K

DTF Basket

LIVE TOTO MACAU | LIVE DRAW TOTO MACAU lofi hip hop radio 📚 - beats to relax study to | LIVE MACAU

⏲👁 131.4K

Wangaratta Basketball Inc (WBI)

Live powered by Swish Live app WARRIORS VS SHEPPARTON

⏲ 51 minutes 37 seconds 👁 1

In Brazil, as beachgoers enjoy a day in the sun and sand, a group of volunteer biologists from the Aruana Project set up a fishing net, in the hopes of capturing local Green sea turtles, so they can give them a checkup and medical care, if necessary. Yair Ben-Dor has more.

Green Turtles Get Medical Checkup on Brazilian Beach

⏲ 1:16 👁 195K

Wangaratta Basketball Inc (WBI)

Live powered by Swish Live app WARRIORS VS SHEPPARTON

⏲ 52 minutes 22 seconds 👁 18

「石濤.TV」No.02 - 川普美國大選

「川普評價拜登的警告 ⋯ 引發戰爭一切都將改變」No 03（04 13 24）

⏲ 10 minutes 50 seconds 👁 839

The wealthiest billionaires in Australia have been named in the Forbes billionaire ranking.

Who are Australia’s richest billionaires?

⏲ 1:0 👁 925K

江森哲

他在美国发飙，意味着北京政权到了中共1949年建政以来“最危险的时刻”.（2024.4.13）

⏲ 14 minutes 2 seconds 👁 4K

新視野 New Vision

議長約翰遜突然南下見川普，真正原因揭秘，事關二個核心問題。媒體集體低估了約翰遜和川普的智慧。#美國大選 #川普 #約翰遜 | 新視野第1357期 20240413

⏲ 16 minutes 24 seconds 👁 6.1K

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