NEW YORK: This week’s Forbes magazine list of the world’s wealthiest people finds 63 billionaires around the planet worth a combined $285 billion (262 billion euros) who together own 81 teams across seven sports over 12 leagues.

The richest of the lot is former Microsoft chief executive Steve Ballmer, owner of the NBA Los Angeles Clippers, who has a net worth of $23.5 billion after spending $2 billion in 2014 for the club once owned by Donald Sterling before racist statements led to his life ban from the league.

Premium + Digital Edition

Ad-free access


P 80 per month
(billed annually at P 960)
  • Unlimited ad-free access to website articles
  • Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)

TRY FREE FOR 14 DAYS
See details
See details