Top 20 richest NBA owners: Basketball Team Owners 2022
Richest NBA - Basketball Team Owners 2022
Did you know the National Basketball Association (NBA) was established in June 1946? It is the premier men's basketball league in the world. The teams in the league have the best players and are owned by wealthy people. The richest NBA owners often compete for the top players.Owning an elite basketball team is not a mean feat. It requires a significant amount of cash to start and run. The richest NBA owners have invested cash in players, coaches, managers, and other staff needed to run their teams effectively.
Summary of the richest NBA owners
| Rank | Name | Team | Net worth |
|---|---|---|---|
| 1 | Steve Ballmer | Los Angeles Clippers | $74.6B |
| 2 | Jody Allen | Portland Trail Blazers | $20.3B |
| 3 | Robert Pera | Memphis Grizzlies | $16.1B |
| 4 | Daniel Gilbert | Cleveland Cavaliers | $15.7B |
| 5 | Ann Walton Kroenke | Denver Nuggets | $8.6B |
| 6 | Tilman Fertitta | Houston Rockets | $7.9B |
| 7 | Joseph Tsai | Brooklyn Nets | $7.7B |
| 8 | Tom Gores | Detroit Pistons | $6.2B |
| 9 | Antony Ressler | Atlanta Hawks | $6.2B |
| 10 | Josh Harris | Philadelphia 76ers | $5.9B |
| 11 | Micky Arison | Miami Heat | $5.5B |
| 12 | Richard DeVos & family | Orlando Magic | $5.4B |
| 13 | Gayle Benson | New Orleans Pelicans | $4.7B |
| 14 | Mark Cuban | Dallas Mavericks | $4.6B |
| 15 | Herb Simon | Indiana Pacers | $3.3B |
| 16 | Glen Taylor | Minnesota Timberwolves | $2.2B |
| 17 | James Dolan | New York Knicks | $2B |
| 18 | Marc Lasry | Milwaukee Bucks | $1.8B |
| 19 | Jerry Reinsdorf | Chicago Bulls | $1.8B |
| 20 | Michael Jordan | Charlotte Hornets | $1.7B |
Richest NBA owners in 2022 in details
Below is a compilation of the richest NBA owners in 2022. They are worth billions of dollars. Besides running elite basketball teams, many of them also have other businesses.20. Michael Jordan - Charlotte Hornets - $1.7B
- Full name: Michael Jeffrey Jordan
- Date of birth: 17th February 1963
- Age: 59 years (as of 2022)
- Place of birth: Brooklyn, New York, United States of America
- Nationality: American
- Team: Charlotte Hornets
- Net worth: $1.7 billion
Michael Jordan is considered one of the NBA's greatest all-time players. He played for the Chicago Bulls and won six titles in his career. He made about $90 million from his career.
The retired basketballer owns the Charlotte Hornets. He is also a special advisor at DraftKings, a sports-betting firm, and co-owns the NASCAR team. Today, he is among the richest owners in the NBA. Michael Jordan's net worth is $1.7 billion.
The retired basketballer owns the Charlotte Hornets. He is also a special advisor at DraftKings, a sports-betting firm, and co-owns the NASCAR team. Today, he is among the richest owners in the NBA. Michael Jordan's net worth is $1.7 billion.
19. Jerry Reinsdorf - Chicago Bulls - $1.8B
- Full name: Jerry Michael Reinsdorf
- Date of birth: 25th February 1936
- Age: 86 years (as of 2022)
- Place of birth: New York, United States of America
- Nationality: American
- Team: Chicago Bulls
- Net worth: $1.8 billion
Jerry Reinsdorf owns the Chicago Bulls and MLB's Chicago White Sox. He is one of NBA's richest owners, having purchased the Chicago teams in the 1980s. Jerry Reinsdorf's net worth is $1.8 billion.
His teams' value has since increased. Before investing in sports teams, he co-founded Balcor Company, a real estate. He sold Balcor Company to American Express.
18. Marc Lasry - Milwaukee Bucks - $1.8B
- Full name: Marc Lasry
- Date of birth: 23rd September 1959
- Age: 63 years (as of 2022)
- Place of birth: Essaouira, Morocco
- Nationality: Moroccan-American
- Team: Milwaukee Bucks
- Net worth: $1.8 billion
He also has a stake in the Milwaukee Bucks. Jamie Dinan and Wesley Edens are the team's co-owners. Marc Lasry's net worth is $1.8 billion as of 2022.
17. James Dolan - New York Knicks - $2B
- Full name: James Lawrence Dolan
- Date of birth: 11th May 1955
- Age: 67 years (as of 2022)
- Place of birth: New York, United States of America
- Nationality: American
- Team: New York Knicks
- Net worth: $2 billion
He also owns the New York Rangers NHL franchise and the Madison Square Garden arena. His dad, Charles Dolan, founded Cablevision.
16. Glen Taylor - Minnesota Timberwolves - $2.2B
- Full name: Glen Allen Taylor
- Date of birth: 20th April 1941
- Age: 81 years (as of 2022)
- Place of birth: Comfrey, Minnesota, United States of America
- Nationality: American
- Team: Minnesota Timberwolves
- Net worth: $2.2 billion
The investor owns stakes in the Minnesota Timberwolves, the Lynx, the WNBA team, and the United FC soccer team. Glen Taylor's net worth is $2.2 billion.
15. Herb Simon - Indiana Pacers - $3.3B
- Full name: Herbert Simon
- Date of birth: 23rd October 1934
- Age: 88 years (as of 2022)
- Place of birth: New York City, United States of America
- Nationality: American
- Team: Indiana Pacers
- Net worth: $3.3 billion
The investor also owns the Indiana Pacers. He purchased the team with his brother. Today, Herb Simon's net worth is $3.3 billion.
14. Mark Cuban - Dallas Mavericks - $4.6B
- Full name: Mark Cuban
- Date of birth: 31st July 1958
- Age: 64 years (as of 2022)
- Place of birth: Pittsburgh, Pennsylvania, United States of America
- Nationality: American
- Team: Dallas Mavericks
- Net worth: $4.6 billion
Mark Cuban's net worth is $4.6 billion. In 1995, he co-founded a video portal called Broadcast.com with Todd Wagner. In 1999, the two sold it to Yahoo for $5.7 billion. The avid businessman owns the NBA's Dallas Mavericks. He also has stakes in AXS TV, Magnolia Pictures, and many other small businesses.
13. Gayle Benson - New Orleans Pelicans - $4.7B
- Full name: Gayle Marie LaJaunie Bird Benson
- Date of birth: 26th January 1947
- Age: 75 years (as of 2022)
- Place of birth: New Orleans, Louisiana, United States of America
- Nationality: American
- Team: New Orleans Pelicans
- Net worth: $4.7 billion
Gayle Benson is a billionaire, businesswoman, and sports team owner. She is the widow of Tom Benson, the former owner of the NBA New Orleans Pelicans and the NFL New Orleans Saints.
Today, she owns both teams. Before becoming a sports franchise owner, she was an interior designer and ran a horse racing company. Today, Gayle Benson's net worth is $4.7 billion.
12. Richard DeVos & family - Orlando Magic - $5.4B
- Full name: Richard Marvin DeVos Sr.
- Date of birth: 4th March 1926
- Date of demise: 6th September 2018
- Age at death: 92 years
- Place of birth: Ada Township, Michigan, United States of America
- Nationality: American
- Team: Orlando Magic
- Net worth: $5.4 billion
The investor and businessman died at 92 on 6th September 2018. His family took over the management of his estate, including the NBA team. Today, Richard DeVos' net worth is $5.4 billion.
11. Micky Arison - Miami Heat - $5.5B
- Full name: Micky Arison
- Date of birth: 29th June 1949
- Age: 73 years (as of 2022)
- Place of birth: Tel Aviv-Yafo, Israel
- Nationality: Israeli-American
- Team: Miami Heat
- Net worth: $5.5 billion
10. Josh Harris - Philadelphia 76ers - $5.9B
Full name: Joshua Harris
Year of birth: 1965
Age: 57 years (as of 2022)
Place of birth: United States of America
Nationality: American
Team: Philadelphia 76ers
Net worth: $5.9 billion
Josh Harris is a private equity investor and philanthropist. He is best known as the co-founder of Apollo Global Management.
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In 2011, the businessman bought the Philadelphia 76ers with a consortium for $290 million. The team's value has quintupled in value since then. Josh Harris' net worth is $5.9 billion as of 2022.
Year of birth: 1965
Age: 57 years (as of 2022)
Place of birth: United States of America
Nationality: American
Team: Philadelphia 76ers
Net worth: $5.9 billion
Josh Harris is a private equity investor and philanthropist. He is best known as the co-founder of Apollo Global Management.
In 2011, the businessman bought the Philadelphia 76ers with a consortium for $290 million. The team's value has quintupled in value since then. Josh Harris' net worth is $5.9 billion as of 2022.
9. Antony Ressler - Atlanta Hawks - $6.2B
- Full name: Antony P. Ressler
- Date of birth: 16th July 1959
- Age: 63 years (as of 2022)
- Place of birth: Washington, DC., United States of America
- Nationality: American
- Team: Atlanta Hawks
- Net worth: $6.2 billion
The successful businessman is the majority owner of the Atlanta Hawks. He also has a minority stake in the Milwaukee Brewers baseball team.
8. Tom Gores - Detroit Pistons - $6.2B
- Full name: Tom Gores
- Date of birth: 31st July 1964
- Age: 58 years (as of 2022)
- Place of birth: Nazareth, Israel
- Nationality: Israeli-American
- Team: Detroit Pistons
- Net worth: $6.2 billion
Tom Gores' net worth is $6.2 billion, making him one of the wealthiest sports franchise owners in 2022. He owns a Los Angeles-based private equity firm called Platinum Equity.
In 2011, Gores and Platinum Equity purchased the NBA's Detroit Pistons. In August 2015, he purchased Platinum's stake, making him the sole owner of the Detroit Pistons.
7. Joseph Tsai - Brooklyn Nets - $7.7B
- Full name: Joseph Tsai
- Year of birth: 1964
- Age: 58 years (as of 2022)
- Place of birth: Taipei City, Taipei, Taiwan
- Nationality: Chinese-Canadian
- Team: Brooklyn Nets
- Net worth: $7.7 billion
The Chinese investor purchased 49% of the Brooklyn Nets NBA team in 2018. In 2019, he purchased the remaining 51%, making him the team's sole owner. Today, Joseph Tsai's net worth is $7.7 billion.
6. Tilman Fertitta - Houston Rockets -$7.9B
- Full name: Tilman Joseph Fertitta
- Date of birth: 25th June 1957
- Age: 65 years (as of 2022)
- Place of birth: Galveston, Texas, United States of America
- Nationality: American
- Team: Houston Rockets
- Net worth: $7.9 billion
5. Ann Walton Kroenke - Denver Nuggets - $8.7B
- Full name: Ann Walton Kroenke
- Date of birth: 18th December 1948
- Age: 73 years (as of 2022)
- Place of birth: United States of America
- Nationality: American
- Team: Denver Nuggets
- Net worth: $8.6 billion
The heir's husband is billionaire Stan Kroenke. The couple owns Denver Nuggets, the Los Angeles Rams, Colorado Rapids, Colorado Avalanche, and Arsenal Football Club. Ann Walton Kroenke's net worth is $8.6 billion as of 2022.
4. Daniel Gilbert - Cleveland Cavaliers - $15.7B
- Full name: Daniel Gilbert
- Date of birth: 17th January 1962
- Age: 60 years (as of 2022)
- Place of birth: Detroit, Michigan, United States of America
- Nationality: American
- Team: Cleveland Cavaliers
- Net worth: $15.7B
3. Robert Pera - Memphis Grizzlies - $16.1B
- Full name: Robert J. Pera
- Date of birth: 10th March 1978
- Age: 44 years (as of 2022)
- Place of birth: United States of America
- Nationality: American
- Team: Memphis Grizzlies
- Net worth: $16.1 billion
2. Jody Allen - Portland Trail Blazers - $20.3B
- Full name: Jo Lynn Allen
- Year of birth: 1959
- Age: 63 years (as of 2022)
- Place of birth: Seattle, Washington, United States of America
- Nationality: American
- Team: Portland Trail Blazers
- Net worth: $20.3 billion
1. Steve Ballmer - Los Angeles Clippers - $74.6B
- Full name: Steven Anthony Ballmer
- Date of birth: 24th March 1956
- Age: 66 years (as of 2022)
- Place of birth: Detroit, Michigan, United States of America
- Nationality: American
- Team: Los Angeles Clippers
- Net worth: $74.6 billion
Steve Ballmer's net worth is $74.6 billion as of 2022. Ballmer is a business magnate and investor who worked as the chief executive officer of Microsoft from 2000 to 2014. Immediately after retiring from Microsoft, he purchased the NBA's Los Angeles Clippers for $2 billion.
Henry
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