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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 👁 3.6M
U.S. Steel Hour<br/>Air Date: Nov 15, 1961<br/>Synopsis: A genius lives a life isolated from human companionship. A young woman tries to break through.<br/>Genre: Drama<br/>Director: Tom Donovan<br/>Top cast: Cliff Robertson, Paul McGrath, Salome Jens, Gene Saks, Julie Bovasso, Chris Wiggins
Man on a Mountaintop (1961) Full TV Movie | Cliff Robertson, Paul McGrath, Salome Jens
⏲ 1:0:44 👁 405K
Do you want to be a YouTuber? Have you ever wondered what being a YouTuber is like? Well now you can find out as new game Content Warning, inspired by content creators like Logan Paul and iShowspeed, will let you fo crazy things for views
Content Warning Game \
⏲ 0:28 👁 3.4M
Randy Orton vs Logan Paul vs Kevin Owens United States Championship FULL MATCH - WWE Wrestlemania 40 from paul amerling dvm
Randy Orton vs Logan Paul vs Kevin Owens United States Championship FULL MATCH - WWE Wrestlemania 40
⏲ 14:17 👁 3M
Newtownabbey boxer Stevie Ward details how important Monkstown Boxing Club is for the local community following a visit by Education Minister Paul Givan MLA to the Cashel Drive facility.
Stevie Ward Monkstown Boxing Club
⏲ 0:34 👁 775K
'Gladiator 2' took CinemaCon by storm with a hoard of soldiers and gave theater owners a first look at the highly anticipated film. Filmmaker Ridley Scott introduced the first footage of the movie via a video message sent from London. He said of the sequel, \
Paul Mescal Takes on the Roman Empire in 'Gladiator 2' First Look at CinemaCon | THR News Video
⏲ 1:19 👁 2.8M
The highly anticipated BFC and Me exhibit opening at Burnley Library was attended by former Burnley players Alex Elder and Paul Fletcher as well as former Chairman Barry Kilby and manager Stan Ternent.
BFC and Me exhibit at Burnley Library opens to the public
⏲ 1:11 👁 225K
But de Paul M - Team B from paul amerling dvm
But de Paul M - Team B
⏲ 0:30 👁 135K
But de paul - Team B from paul amerling dvm
But de paul - Team B
⏲ 0:30 👁 130K
I covered Believe by The Letter Black. I learned all of it by ear, so tell me what you think!<br/>Tuning is in drop C#. Filmed on a Canon T5i, sorry, it was out of focus.<br/><br/>Equipment:<br/>PRS SE Custom 24 25th Anniversary Edition<br/>Marshall MG 50-DFX<br/>Boss ME-25<br/><br/>https://www.youtube.com/@sampsonite2108
The Letter Black - Believe (Guitar Cover)
⏲ 4:0 👁 125K
Amazon tycoon Jeff Bezos has forked out £70 million for a third property on an island in Florida known as \
Jeff Bezos has purchased a third mansion on Florida's \
⏲ 1:4 👁 485K
Pittsburgh Pirates Prospect Paul Skenes: Future Ace on the Rise from paul amerling dvm
Pittsburgh Pirates Prospect Paul Skenes: Future Ace on the Rise
⏲ 2:7 👁 2.8M
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