The high 20 homeowners on The Forbes 400 are price $607 billion, up 20% from 2024. And with the cutoff rising to $10.1 billion, the membership is extra unique than ever.
Over the previous three years, Henry Samueli has seen his fortune greater than quadruple, from an estimated $6.7 billion in 2022 to $27.7 billion in the present day. He can thank his Anaheim Ducks for a few of that progress: The NHL franchise, which he purchased for $70 million in 2005, has appreciated practically 1,800% throughout his tenure as proprietor, to $1.3 billion.
Samueli has gotten a far larger increase off the ice, nevertheless.
The chairman and cofounder of chipmaker Broadcom, Samueli has reaped the rewards of the unreal intelligence increase. His semiconductor firm, which produces important {hardware} for the burgeoning trade, noticed its share value climb to $279 by the tip of August, from $163 a yr earlier, far outperforming competing outfits equivalent to Nvidia, Qualcomm and AMD.
That rise has despatched Samueli taking pictures up the rating of America’s richest sports activities group homeowners, to No. 4, after he landed at No. 8 last year, No. 12 in 2023 and No. 16 in 2022. (On The Forbes 400, which ranks the wealthiest people within the United States, the 70-year-old billionaire got here in at No. 34 total.)
Samueli isn’t the one group proprietor to publish large beneficial properties within the public markets. The Los Angeles Clippers’ Steve Ballmer, who tops the American listing for the eleventh consecutive yr and likewise got here in at No. 1 within the global sports owner ranking in April, has widened his lead because of a 21% year-over-year bounce within the share value at Microsoft, the tech big the place he used to function CEO. Ballmer is now price an estimated $153 billion—$35 billion past the second-richest American group proprietor, Walmart inheritor Rob Walton, who controls the Denver Broncos. Only six people within the U.S. have larger fortunes than Ballmer.
Robert Pera, who ranks sixth amongst group homeowners this yr at $24 billion, additionally noticed large progress on the general public markets because the share value at Ubiquiti, the wi-fi gear firm he based in 2003, greater than doubled over the previous yr, reaching $528 to shut out August, up from $194. Pera’s internet price, in the meantime, has surged 140%—making him the one member of the sports activities proprietor rating to outpace Samueli’s 64%—and whereas his Memphis Grizzlies are the NBA’s least worthwhile group, the franchise appreciated an estimated $600 million in Forbes’ most recent valuations and is now price $3 billion.
Together, America’s 20 richest sports activities group homeowners are price an estimated $607 billion, a 20% enhance from 2024’s $504 billion. Their holdings embrace controlling stakes in 11 groups from the NBA, eight from the NFL, 5 from Major League Soccer, 4 from the NHL, two from European males’s soccer and one every from MLB and the Women’s Super League, the best stage of English soccer.
And as unique as this membership is, it’s solely getting more durable to crack. The cutoff for this yr’s high 20 is $10.1 billion—in a tie between the Miami Heat’s Micky Arison, who additionally serves as chairman of cruise ship operator Carnival Corporation, and the Detroit Pistons’ Tom Gores, who made his cash in personal fairness—which represents a 53% leap from $6.6 billion simply three years in the past.
The Cleveland Cavaliers’ Dan Gilbert was the one proprietor on this yr’s crop to see his fortune decline this yr. But even along with his internet price falling 19%, to $26.7 billion, the Rocket Companies founder is in no hazard of dropping out of the highest 20. The similar goes for the Miami Dolphins’ Stephen Ross, an actual property magnate who was flat year-over-year and is price $17 billion.
Arison and Home Depot cofounder Arthur Blank, who owns the Atlanta Falcons and MLS’s Atlanta United, are the 2 new names relative to 2024. Mat Ishbia, who controls the Phoenix Suns and the WNBA’s Phoenix Mercury and was No. 13 final yr, slips off the rating, along with his internet price tumbling 28%, to $9.5 billion, after a shaky yr for his publicly traded United Wholesale Mortgage. Cable billionaire John Malone, who has a stake within the Atlanta Braves and was No. 16 in 2024, was additionally excluded due to a change within the methodology of the proprietor listing, which now not counts groups managed by public corporations.
AMERICA’S 20 RICHEST SPORTS TEAM OWNERS
Gilbert Flores/Variety/Getty Images
Net Worth: $153 billion
One-Year Change: +24%
Team: Los Angeles Clippers
Source of Wealth: Microsoft
Ballmer jump-started sports activities valuations along with his 2014 buy of the Los Angeles Clippers for $2 billion, and a transfer final yr from Crypto.com Arena—which the group shared with the Lakers and the NHL’s Kings—to the brand-new Intuit Dome in Inglewood has supercharged the franchise’s revenue. But the 69-year-old former Microsoft CEO is in scorching water within the wake of an investigation by the podcast Pablo Torre Finds Out that alleged that Aspiration—a now-bankrupt sustainability startup that Ballmer had invested in—paid Clippers star Kawhi Leonard $28 million in a circumvention of the NBA’s wage cap. Ballmer has denied the accusations.
David Zalubowski/Associated Press
Net Worth: $118 billion*
One-Year Change: +25%
Team: Denver Broncos
Source of Wealth: Walmart
The eldest son of Walmart cofounder Sam Walton, Rob Walton, now 80, led the group that acquired the Denver Broncos for $4.65 billion in 2022, however he has turned over day-to-day operations to his son-in-law Greg Penner, the group’s CEO. After lacking the playoffs within the first two years of the Walton period—plus the six earlier than that—the Broncos obtained again to the postseason final season. Things are additionally wanting up off the sector, with Denver constructing a $175 million headquarters that’s scheduled to be accomplished subsequent yr.
Gareth Patterson/Associated Press
Net Worth: $37.9 billion*
One-Year Change: +27%
Team: Dallas Mavericks
Source of Wealth: Casinos
After Adelson’s household purchased the Dallas Mavericks for $3.5 billion in December 2023, her first full season as proprietor was a roller-coaster. In February, the Mavericks traded celebrity Luka Doncic to the Los Angeles Lakers—solely to win the NBA draft lottery and earn the fitting to draft celebrated prospect Cooper Flagg in June. The 79-year-old Adelson, the widow of Las Vegas Sands founder Sheldon Adelson, has additionally drawn consideration for her political donations, with $111 million given to pro-Donald Trump tremendous PACs in 2024.
Tiffany Rose/Segerstrom Center for the Arts/Getty Images
Net Worth: $27.7 billion
One-Year Change: +64%
Team: Anaheim Ducks
Source of Wealth: Semiconductors
Samueli, 70, is investing $1 billion into renovations for the city-owned Honda Center, which opened in 1993 and now stands because the NHL’s fourth-oldest area. The Broadcom cofounder plans for the venue to be the centerpiece of a 100-acre leisure district known as OCVibe that he’s investing a further $4 billion into creating, and development is anticipated to run for the following three years, with the Honda Center scheduled to host indoor volleyball matches for the 2028 Los Angeles Olympics.
Net Worth: $26.7 billion
One-Year Change: -19%
Team: Cleveland Cavaliers
Source of Wealth: Mortgage lending
Gilbert might rating a big payday as he explores a minority sale of as much as 15% of the Cleveland Cavaliers, according to Sportico. But the 63-year-old cofounder behind Rocket Companies can also be dividing up his belongings after asserting on Friday a divorce from his spouse, Jennifer, who will turn into the 39th-richest woman in America, in line with Forbes estimates, price a minimum of $6.4 billion primarily based on the worth of her Rocket shares.
Net Worth: $24 billion
One-Year Change: +140%
Team: Memphis Grizzlies
Source of Wealth: Wireless networking
The Memphis Grizzlies have performed their residence video games at FedExForum because it opened in 2004—eight years earlier than the now-47-year-old Pera took over because the group’s proprietor—however there’s a plan to maintain the membership there lengthy past the expiration of its lease in 2029. The area is ready to get $550 million in renovations over the next seven to 12 years, in line with the Daily Memphian, with $80 million in public funds already accepted for the undertaking.
Net Worth: $23.7 billion
One-Year Change: +11%
Teams: Carolina Panthers, Charlotte FC
Source of Wealth: Hedge funds
Tepper, 67, has been busy on and off the gridiron, with his hedge fund, Appaloosa Management, lately rising its UnitedHealth holdings by practically 2.3 million shares and reporting a $179 million stake in Intel whereas the Carolina Panthers prepare for a renovation of Bank of America Stadium. Tepper’s holding firm is masking simply over half of the undertaking’s anticipated price of $1.3 billion, and town of Charlotte is choosing up the tab for the opposite $650 million.
Seth Wenig/Associated Press
Net Worth: $23 billion
One-Year Change: +8%
Team: New York Mets
Source of Wealth: Hedge funds
Cohen is price greater than double the next-richest MLB management proprietor—the Chicago Cubs’ $8.4 billion Ricketts family—and the 69-year-old investor behind Point72 will not be afraid to throw his cash round. In December, his New York Mets signed outfielder Juan Soto to a document 15-year, $765 million contract, and Cohen has been seeking to rework the land round Citi Field in an $8 billion undertaking centered on a on line casino. The plan cleared a procedural hurdle within the New York State Senate within the spring as Cohen’s group, which additionally consists of Hard Rock International, seeks one in all three gaming licenses anticipated to be awarded by the tip of this yr.
Net Worth: $21.3 billion
One-Year Change: +26%
Teams: Los Angeles Rams, Denver Nuggets, Colorado Avalanche, Colorado Rapids, Arsenal FC, Arsenal Women FC
Source of Wealth: Sports, actual property
The 78-year-old Kroenke has amassed greater than 60 million sq. toes of actual property and 1.6 million acres of land, however his sports activities empire is simply as sprawling, with groups in six main professional leagues, in addition to the National Lacrosse League’s Colorado Mammoth. The Rams are his crown jewel, rating second amongst NFL groups with a valuation of $10.5 billion, and the group this yr introduced plans for a brand new headquarters and coaching facility within the Woodland Hills neighborhood of Los Angeles on a web site Kroenke acquired in 2022.
Net Worth: $19.6 billion*
One-Year Change: +29%
Team: Dallas Cowboys
Source of Wealth: Dallas Cowboys, power
Fans could have their gripes after the Dallas Cowboys traded star edge rusher Micah Parsons final month, however there may be no debate in regards to the group’s enterprise success below the 82-year-old Jones. The Cowboys at the moment are price $13 billion, a yr after setting a document for a sports activities franchise at $10.1 billion, they usually generated a document $1.2 billion in income throughout the 2024 season. No different NFL group got here inside $400 million of that determine.
Net Worth: $19.4 billion
One-Year Change: +15%
Teams: Los Angeles Kings, LA Galaxy
Source of Wealth: Energy, sports activities, leisure
At 85, Anschutz controls greater than 70 venues worldwide by means of his Anschutz Entertainment Group, together with Los Angeles’ Crypto.com Arena, residence to his Kings, and his different group within the metropolis, the LA Galaxy, is now one in all simply three MLS clubs worth at least $1 billion. Meanwhile, his power firm, Anschutz Exploration, has been constructing one of the world’s largest wind farms in Wyoming and lately unveiled plans for a pure gasoline plant within the state.
Eva Marie Uzcategui/Bloomberg
Net Worth: $17 billion
One-Year Change: 0%
Team: Miami Dolphins
Source of Wealth: Real property
After the NFL modified its possession guidelines in August 2024 to permit personal fairness companies to amass minority stakes within the league’s groups, Ross’ Miami Dolphins had been among the many first franchises to capitalize, closing a take care of Ares Management in December. The 85-year-old actual property developer and founding father of Related Companies can also be reportedly closing in on a deal to purchase roughly 45% of the Miami Open, which might add to a sports activities portfolio that features the Dolphins’ Hard Rock Stadium and Formula 1’s Miami Grand Prix.
Net Worth: $14.3 billion
One-Year Change: +8%
Teams: Jacksonville Jaguars, Fulham FC
Source of Wealth: Auto components
The Pakistani-born Khan, whose Jacksonville Jaguars are aiming to finish a $1.4 billion renovation of EverBank Stadium by 2028, got here to the U.S. at age 16 and obtained a job as a dishwasher earlier than finally making his fortune because the proprietor of auto components provider Flex-N-Gate. The 75-year-old entrepreneur informed Forbes this summer time that Trump’s immigration crackdown was hurting the economy, including, “We need (immigrants) to survive.”
Net Worth: $13.8 billion
One-Year Change: +17%
Teams: New England Patriots, New England Revolution
Source of Wealth: Manufacturing, New England Patriots
While longtime New England Patriots coach Bill Belichick has barred the team’s scouts from accessing his new program on the University of North Carolina, Kraft is clearly holding on to his fond recollections of the franchise’s dynasty. The 84-year-old billionaire, who made an early fortune in paper and packaging, revealed a 17-foot, 12,000-pound statue of legendary quarterback Tom Brady in August after which mentioned weeks later that he hoped a bronze model of Belichick would be a part of it as soon as the coach had hung up his headset.
Net Worth: $13.8 billion
One-Year Change: +27%
Team: Atlanta Hawks
Source of Wealth: Private fairness
Ressler, 64, is among the many buyers behind a 50-acre, $5 billion development close to the Atlanta Hawks’ State Farm Arena, persevering with a nationwide development of mixed-use districts arising round sports activities venues. Ares Management, the choice funding supervisor Ressler cofounded in 1997, can also be increasing. Last month, it launched a brand new personal infrastructure fund for retail buyers in Australia.
Net Worth: $11.4 billion
One-Year Change: +28%
Teams: Atlanta Falcons, Atlanta United
Source of Wealth: Home Depot
The 82-year-old Blank, who cofounded Home Depot in 1978 and purchased the Atlanta Falcons in 2002, was an early signer of the Giving Pledge, committing in 2012 to donate greater than of his wealth to charitable causes. Blank continued to exhibit his philanthropic spirit this yr when his basis partnered with the Falcons to supply new helmets for the soccer applications at Morehouse College and Clark Atlanta University and he gifted $10 million to First Tee, a nonprofit that organizes golf applications for youngsters.
Net Worth: $11 billion
One-Year Change: +5%
Team: Houston Rockets
Source of Wealth: Entertainment, Houston Rockets
This yr, Fertitta was appointed the U.S.’s ambassador to Italy and San Marino, and the 68-year-old entrepreneur, who oversees restaurant big Landry’s and Golden Nugget casinos, could quickly have a brand new option to get across the Mediterranean. After itemizing his 252-foot superyacht, Boardwalk, on the market for roughly $192 million, Fertitta is able to take supply of a brand new 384-foot boat from Lürssen in April.
Rick Osentoski/Associated Press
Net Worth: $11 billion
One-Year Change: +18%
Teams: Washington Commanders, Philadelphia 76ers, New Jersey Devils
Source of Wealth: Private fairness
Harris, the 60-year-old cofounder of Apollo Global Management, is main the Commanders again to Washington. The franchise, which has performed its residence video games in Landover, Maryland, since 1997, struck a take care of D.C. this yr to construct a brand new discipline on the positioning of RFK Stadium, with town set to contribute $1 billion and the Commanders investing $2.7 billion and masking any price overruns.
Net Worth: $10.1 billion
One-Year Change: +22%
Team: Miami Heat
Source of Wealth: Carnival Corporation
Over Arison’s three a long time as proprietor of the Heat, Miami has gained three NBA championships—success that earned the 76-year-old chairman of cruise ship operator Carnival a spot within the Basketball Hall of Fame’s class of 2025. “When he bought the interest in the Heat in 1995 and got managing control of the Heat, that’s the day that the franchise took a turn,” Pat Riley, the group’s president and former coach, mentioned forward of Arison’s enshrinement. “He saved, basically, my coaching life, I think.”
Net Worth: $10.1 billion
One-Year Change: +7%
Team: Detroit Pistons
Source of Wealth: Private fairness
Gores, the 61-year-old investor behind Platinum Equity, purchased a 27% stake within the Los Angeles Chargers final October at a reported $4 billion valuation, which appears to be like like a steal subsequent to the $6 billion determine Forbes lately estimated for the franchise. Gores additionally appears to be like to be beginning a brand new period along with his Detroit Pistons, who final season reached the playoffs for less than the third time since he took management in 2011 and have an thrilling younger core led by guard Cade Cunningham.
METHODOLOGY
For the rating of America’s 20 richest sports activities group homeowners, Forbes thought-about the management homeowners from seven North American sports activities leagues: MLB, MLS, the NBA, the NFL, the NHL, the NWSL and the WNBA. England’s Women’s Super League was additionally included, as had been a number of European males’s soccer competitions: England’s Premier League, Spain’s La Liga, Italy’s Serie A, Germany’s Bundesliga, France’s Ligue 1, the Netherlands’ Eredivisie, Portugal’s Primeira Liga, Belgium’s Pro League, Brazil’s Serie A, Argentina’s Liga Professional, Mexico’s Liga MX and Denmark’s Superligaen. Minority homeowners of groups weren’t included until they certified below a management stake with a distinct franchise.
Net worths had been calculated as of September 1, 2025. In the circumstances of three members of the listing—Rob Walton, Miriam Adelson and Jerry Jones, as denoted by an asterisk—the online price calculation consists of relations’ belongings.