Richest NBA Team Owners

Owning a professional basketball squad requires a large amount of sum and a lot of hard work in order to commence and operate. And when we say basketball team, it’s not just the players we’re talking about but also including the managers, coaches, and all the other staff that is needed to operate their teams. Let’s take a look at the 6 richest NBA owners.

  • Steve Ballmer 

Full name: Steven Anthony Ballmer Date of Born: March 24, 1956 (66 years)

Nationality: American 

Squad: Los Angeles Clippers 

Net Worth: $76.7 billion

Steve Ballmer who is the owner of the Los Angeles Clippers is currently the richest NBA team owner that has a net worth of $76.7 billion. Baller was also the CEO of Microsoft from 2000– 2014 and employee #30 in tech support. In 2020, he was the tenth richest person on the planet. 

Following his retirement from Microsoft, Ballmer quickly bought the Los Angeles Clippers for a whopping $2 billion which was the highest amount spent for a basketball organization ever at the time. 

  • Dan Gilbert

Full name: Daniel Gilbert 

Born: January 17, 1962 (60 years)

Nationality: American

Squad: Cleveland Cavaliers

Net worth: $44.4 billion

For the next one, you won’t be surprised to see his name on the second of our list as Daniel Gilbert is widely known in the business world as the co-founder of what is popularly known as Quicken Loans. Because he owns about seventy percent of the company which comes up to around $1.9 billion shares, there’s no denying that he has quite a large amount of cash stored in his bank account. Gilbert, who also currently owns the Cleveland Cavaliers of the NBA, is estimated at a net worth of $44.4 billion making him the second-richest NBA team owner.

Gilbert, who had always been a fan of the Cleveland Cavaliers, did not waste any time and purchased the franchise in 2005. He put in quite a huge amount of capital and helped the Cavaliers to where they are today.

  • Jody Allen

Full name: Jo Lynn Allen 

Born: February 3, 1959 (63 years)

Nationality: American

Squad: Portland Trail Blazers 

Net worth: $20.3 billion 

Jody Allen is a well-known businesswoman, philanthropist, and entrepreneur. She currently owns the Portland Trail Blazers of the NBA at an estimated net worth of $20.3 billion. She is also the owner of the NFL (National Football League) team Seattle Seahawks. Allen is the sister of Paul Allen, the co-founder of Microsoft.

  • Robert Pera

Full name: Robert J. Pera 

Born: March 10, 1978 (44 years)

Nationality: American 

Squad: Memphis Grizzlies 

Net worth: $16.1 billion 

Robert Pera is the owner of the Memphis Grizzlies of the NBA and is the fourth richest NBA team owner at an estimated net worth of $16.1 billion. Pera is also the originator and CEO of Ubiquiti Networks, a wireless supplies manufacturer. 

  • Joseph Tsai

Full name: Joseph Tsai

Born: January 1964 (58–59 years)

Nationality: Chinese-Canadian

Squad: Brooklyn Nets

Net worth: $11.8 billion 

Joseph Tsai is a competent business mogul and a billionaire who is currently the owner of Brooklyn Nets of the NBA at an estimated net worth of around $11.8 billion. The Chinese billionaire is also the co-founder of the AliBaba company which is deemed to be one of the largest online retail outlets in recent history. Tsai is also deemed to be the second biggest shareholder of this e-commerce platform earning huge amounts of cash daily. He bought the Nets in 2021.

  • Philip Anschutz

Full name: Philip Frederick Anschutz

Born: December 28, 1939 (83 years)

Nationality: American

Squad: Los Angeles Lakers

Net worth: $10.1 billion

Philip Anschutz is the sixth richest NBA team owner. He currently owns the Los Angeles Lakes which has an estimated net worth of $10.1 billion. Anschutz is a well-known business mogul in the business world who for the previous five decades has had his involvement in the oil enterprise, railway Industry, Telecommunications sector, real estate business, and entertainment industry. 

Also check out the Richest Football Clubs in the World.

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