Even as we approach IPL 2019, Reliance Industries chairman Mukesh Ambani is now the world s richest sports team owner, according to a report. Owner of the Mumbai Indians team, Mukesh Ambani s net worth by increased by a whopping $10 billion, to $50 billion, over the last one year period, and it has more than doubled over the past two years. He is the 13th-richest person on the planet, the richest person in India and the richest sports team owner, Forbes noted in its recent report.
After Mukesh Ambani, former top boss of IT giant Microsoft Steve Ballmer who owns the Los Angeles Clippers team ranks 2nd on the list with a net worth of $41.2 billion. The longtime Microsoft CEO, who bought the Clippers in 2014, has kept most his shares in the software giant after retiring as CEO in 2014, and the strategy has paid off. Microsoft s stock has doubled over the past four years, and so has Ballmer's net worth, noted the Forbes report.