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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 👁 3.3M

SafiuddinAcademy SSAC

ICC T20 World Cup Cricket 2014, Theme Song - Flash

⏲ 2 minutes 47 seconds 👁 8.1K

ICC

ICC World Twenty20 Bangladesh 2014 Flash Mob East West University

⏲ 1 minute 56 seconds 👁 112.9K

Rishi Sunak faced humiliation on the cricket pitch as he was bowled out during a visit to the Oval. The prime minister attempted a drive but missed the ball, proving a less-than-stellar sporting prowess. Mr Sunak met with members of Surrey County Cricket Club’s Ace Schools Programme, offering free training to state school pupils aged nine to 13, with a goal of boosting black British representation in professional cricket. Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Rishi wicket: PM bowled out during Oval Cricket Ground visit

⏲ 1:58 👁 5.4M

sydney flashmob

ICC World Twenty 20 Bangladesh 2014, Flash Mob - SYDNEY, Australia

⏲ 4 minutes 14 seconds 👁 1M

Mashnoon Kibria

ICC World T20 Flash Mob, London 2014 (Bangla Tigers London)

⏲ 3 minutes 31 seconds 👁 728.3K

Suicide Squad: Kill the Justice League - Season 1 - Meet the Joker Trailer (2024) HD

⏲ 1:30 👁 2.1M

NFGGHS

T20 Cricket Worldcup Bangladesh Flash Mob City College of New york

⏲ 4 minutes 30 seconds 👁 21.6K

ICC

ICC World Twenty20 Bangladesh 2014 Flash MobDhaka University

⏲ 2 minutes 22 seconds 👁 143.8K

Sinita ng highway patrol group ang mga motorista sa EDSA na hindi awtorisadong gumamit ng wang-wang at iba pang signaling flashing devices.<br/><br/><br/>24 Oras is GMA Network’s flagship newscast, anchored by Mel Tiangco, Vicky Morales and Emil Sumangil. It airs on GMA-7 Mondays to Fridays at 6:30 PM (PHL Time) and on weekends at 5:30 PM. For more videos from 24 Oras, visit http://www.gmanews.tv/24oras.<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 motoristang 'di awtorisadong gumagamit ng wang-wang at led light, sinita ng PNP-HPG | 24 Oras

⏲ 2:23 👁 355K

Farid Ahammad

T20 cricket Flash Mob 2014 1st times PARIS, France

⏲ 3 minutes 4 seconds 👁 319

Golpo Rajjo Films

ICC World T20 2014 Flash Mob from Seoul, South Korea

⏲ 2 minutes 57 seconds 👁 92.1K

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