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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 👁 1.7M

Asian Cricket Council

ACC | Women's Asia Cup 2022 | Semi-Final 1 | India vs Thailand

⏲ 13 minutes 43 seconds 👁 3.9M

Cricket Association of Nepal (CAN)

Nepal A vs Ireland Wolves 3rd T20 | DishHome Fiber Net Ireland Wolves Tour Nepal Connected by Ncell

⏲ 4 hours 27 minutes 41 seconds 👁 445.9K

Ange Postecoglou doesn't want the potential new PSR requirements to overly restrict a team's ambition.

New PSR requirements can't stifle success - Postecoglou

⏲ 0:54 👁 1.4M

𝗖𝗥𝗜𝗖 𝗦𝗣𝗢𝗥𝗧𝗦

live india womens vs pakistan womens t20 world cup match-4 | live match indw vs pakw #livescore

⏲ 24 seconds 👁 140.1K

Dty marz

India Women vs England Women's t20 Full Highlights 2023 | Ind vs Eng women t20 highlights 2023

⏲ 14 minutes 32 seconds 👁 24.8K

Caitlin Clark: Game Changer for Women's Sports & Basketball from cricket live score india women

Caitlin Clark: Game Changer for Women's Sports & Basketball

⏲ 1:30 👁 2.4M

Iqbal Sports

IPL 2024 Live: CSK vs KKR Live Match | IPL Live Score & Commentary | Chennai vs Kolkata Live Match

⏲ 3 hours 51 minutes 👁 482.3K

Bishnu world

India vs Australia women's cricket match live| 6 ball 14 run |Bishnu World

⏲ 4 minutes 32 seconds 👁 54.9K

New manager Rhian Wilkinson has made it two wins out of two to start her tenure as manager of the Wales women’s side, with thumping wins over Croatia and now Kosovo. The race for European championships in 2025 is well and truly on, so with the women’s side in such good form, we take a look at the chances we get a summer of football in 2025.

Wales thump Kosovo 6-0 in Wilkinson’s second game in charge

⏲ 2:0 👁 765K

England coach Sarina Wiegman said she was 'happy' with captain Leah Williamson's display after injury return

Wiegman reviews Williamson's first England start in a year

⏲ 0:40 👁 755K

In this video, PGA Professional Katie Dawkins offers some insight into a great drill that could really improve the rhythm of your swing.

Stick Drill To Help Improve The Rhythm Of Your Swing

⏲ 1:26 👁 725K

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