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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 👁 3.5M

ENTERTAINMENT PROMOTION

Hottest Bathroom MMS Ever : Mind Changing Climax

⏲ 1 minute 49 seconds 👁 480.9K

The G teem

Telugu heroines her beautiful thinks || the g teem telugu facts

⏲ 1 minute 34 seconds 👁 158.1K

Donald Trump was removed from Bloomberg's list of the top 500 billionaires after the stock price of his Truth Social platform plunged. On Tuesday, Trump was no longer on the billionaire list, which ranked people by net worth. Truth Social parent company stock fell over 12% on Friday and 8% on Monday. The stock with ticker \

Trump Dropped from Bloomberg's Top 500 Billionaires List as Truth Social Stock Plunges

⏲ 0:50 👁 335K

cool Memes 777

sexy memes 🤣🤣 hot memes cool memes virl memes

⏲ 1 minute 30 seconds 👁 147.4K

Andhra Life Tv

Kajal H0T Viral Video || Kajal Agarwal INN@R Viral Video || Telugu Chronicle Channel

⏲ 1 minute 18 seconds 👁 1.8M

In Brazil, as beachgoers enjoy a day in the sun and sand, a group of volunteer biologists from the Aruana Project set up a fishing net, in the hopes of capturing local Green sea turtles, so they can give them a checkup and medical care, if necessary. Yair Ben-Dor has more.

Green Turtles Get Medical Checkup on Brazilian Beach

⏲ 1:16 👁 170K

The wealthiest billionaires in Australia have been named in the Forbes billionaire ranking.

Who are Australia’s richest billionaires?

⏲ 1:0 👁 925K

The wealthiest billionaires in Australia have been named in the Forbes billionaire ranking.

Who are Australia’s richest billionaires?

⏲ 1:46 👁 8.6M

बॉलीवुड के एक खान एक्टर 5000 करोड़ की संपत्ति के मालिक हैं लेकिन अफसोस की बात ये है कि ये एक्टर अपने बच्चों को अपनी इस प्रॉपर्टी से कुछ नहीं दे सकते हैं. जानिए क्या है वजह? <br/> <br/>Khan, a Bollywood actor, is the owner of property worth Rs 5000 crores, but the sad thing is that this actor cannot give anything to his children from his property. Know what is the reason? <br/> <br/>#SaifAliKhanNotGivingSinglePennyToHischildrenReason,#SaifAliKhanPropertyControvery, #SaifAliKhanNewsToday, #SaifAliKhanSuccessor<br/>~HT.97~PR.266~ED.284~

Saif Ali Khan Not Giving Single Penny To His Children From 1300 Cr Property,Reason क्या है|Boldsky

⏲ 3:11 👁 65K

Caught in the Net Saison 1 - Trailer (EN) from kamapisachi net pusy

Caught in the Net Saison 1 - Trailer (EN)

⏲ 1:20 👁 15K

This girl attempted a double backflip on a trampoline with no safety net. Sadly, she lost her balance mid-air during the trick and crashed hard into a tree.

Girl Attempting Double Backflip on Trampoline Crashes Into Tree

⏲ 0:6 👁 30K

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