The 10 richest sport team owners in the world, with mega-wealthy Man City boss only 8th and Abramovich missing out

TO own a sports team you need a fortune.

Not only do you have to ensure they're competitive and keep the fans happy, there's always a chance you will have to build stadiums and invest in training centres.

Lucky for these billionaires, those kinds of bills wouldn't leave a dent in their bank accounts.

A study conducted by Online Betting Guide has unearthed the 10 wealthiest sport team owners in the world today.

And incredibly Chelsea owner Roman Abramovich who is worth around £10billion, doesn't even make the cut.

10. JOSEPH TSAI, £11.1BN

The Taiwanese-Hong Kong-Canadian businessman became sole-owner of the Brooklyn Nets in 2019.

He is also an investor in MLS side Los Angeles FC.

Tsai made his money in eCommerce, and has amassed a fortune believed to be £11.1billion.

9. DIETRICH MATESCHITZ, £21BN

The Austrian co-founder and 49 per cent owner of Red Bull is worth an astonishing £21billion.

That money allowed the group to invest in a number of sports teams, including New York Red Bulls, Red Bull Racing, Scuderia Alphatauri, Fc Salzburg, and Manchester United's conquerors RB Leipzig.

He also owns an island off Fiji he bought from the Forbes family for £7million.

8. SHEIKH MANSOUR, £23BN

It's fair to say Mansour has changed the landscape of British football.

His wealth has given Manchester City the financial muscle to become one of Europe's football powerhouses.

His £23billion fortune was inherited from the royal family of Abu Dhabi.

7. DAVID THOMSON AND FAMILY, £30BN

Media magnate Thomson is Canada's richest person, worth a cool £30billion, and owns NHL team Winnipeg Jets.

His family control a media and publishing empire founded by his grandfather Roy Thomson.

The biggest is Thomson Reuters, where David serves as chairman.

6. DANIEL GILBERT, £31BN

The Cleveland Cavaliers owner Gilbert has a net worth of £31billion.

He made his fortune as co-founder of mortgage lenders Quicken Loans, as well as founder of Rock Ventures – which boasts a portfolio of companies, investments and real estate.

Sports fan Gilbert also owns the American Hockey League's Cleveland Monsters and the NBA G League's Canton Charge.

5. FRANCOIS PINAULT AND FAMILY, £32BN

Pinault is the founder of the luxury group Kering and the investment company Artémis.

He also owns French Ligue 1 club Stade Rennais FC, which he bought in 1998, although it's son (Francois-Henri), married to Salma Hayek, who also handles the team's affairs.

Under the Pinault-family ownership, the club has grown from a second division club to now competing in the Champions League, although he's been prudent with putting his £32billion into the club over the years.

4. CARLOS SLIM, £39BN

The Mexican business magnate was once the richest man in the world from 2010-13, according to Forbes.

However, his wealth has gone down to a meagre (*cough) £39billion.

Slim used to own Liga MX club Club Leon until 2017.

3. ARMANCIO ORTEGA, £48BN

Ortega made his money in fashion and is the founder of high-street favourite Zara.

A big football fan, he is worth £48billion, although he reportedly pays himself just £90,000-per-year from the business.

He owns his boyhood team Deportivo La Coruna, who are currently top of the Spanish second division.

2. STEVE BALLMER, £53BN

Ballmer is, of course, the former chief executive of Microsoft.

Over the years, the American businessman amassed a wealth of a whopping £53billion.

In 2014, he became the owner of LA Clippers – acquiring the NBA team for £1.5billion.

1. MUKESH AMBANI, £55BN

The wealthiest sports teams owner Ambani is the 9th richest man in the world, according to Forbes.

Through petrochemicals, oils and gas company Reliance Industries, he has made an astonishing £55billion

That allowed him to launch Indian Premier League cricket giants Mumbai Indians in 2008, as well as set up the Indian Super League, India's football league.

Ambani lives in a home at the Antilia Building said to be worth around £1billion. Yes, that's right. Read it again and weep.

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