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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.
⏲ 3:10 👁 3.6M
Blake Shelton
⏲ 4 minutes 54 seconds 👁 6.8M
TODAY
⏲ 6 minutes 51 seconds 👁 1M
Not since the New Beetle debuted in 1998 has Volkswagen dipped so heavily into its iconic past to launch an all-new vehicle. With the new ID. Buzz poised to hit showroom floors later this year, VW Senior Product Planner Ryan Gavin gave Forbes a sneak peek at the 2024 New York International Auto Show. <br/><br/>Between its history-inspired body lines and optional two-tone paint schemes, the ID. Buzz will draw as much attention as modern exotic cars, and not just from aging Deadheads. While its exterior styling borrows heavily from the original VW Microbus, including the oversized “VW” front logo, rear roof pillar air vents, and boxy shape, the interior features an array of modern tech. Dual power-sliding doors and a power rear liftgate feature Volkswagen’s “Easy Open and Close” tech, meaning a simple swipe of your foot beneath the doors will cause them to open (assuming the keys are nearby).<br/><br/>Once inside passengers will find ambient lighting, an optional panoramic sunroof with electrochromic tinting (can go from clear to opaque at the touch of a button), and a standard 12.9-inch central touchscreen featuring wireless App-Connect technology and wireless device charging. Flexibility comes from a removable center console, a sliding second-row seat that also folds down or reclines, a removable third-row seat, and standard features like a heated steering wheel, heated, ventilated and massaging front seats, heated outboard second-row seats, and a nine-speak auto system (a 14-speaker Harman Kardon system is optional).<br/><br/>With its impressive standard equipment list, wide range of interior and exterior design options, and advanced technology, this electric van could have the same impact on Volkswagen’s brand as the 1998 New Beetle, meaning a flood of demand from both traditional and new VW customers, along with a level of cultural impact worthy of the ID. Buzz’ name.<br/><br/>Read more on Forbes:<br/>https://www.forbes.com/sites/kbrauer/2023/06/02/volkswagen-id-buzz-the-future-and-past-converge-in-vws-newest-ev/ <br/><br/>For more from Scotty Reiss:<br/>https://agirlsguidetocars.com/<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
⏲ 2:28 👁 2.2M
Gwen Stefani
⏲ 3 minutes 41 seconds 👁 5.3M
Gwen Stefani
⏲ 3 minutes 48 seconds 👁 13.1M
Will Donnelly, the cofounder and CEO of Lottie, wants to make finding and booking a spot in a retirement or care home for an aging family member as easy as finding a hotel stay. In other words, \
⏲ 16:43 👁 115K
Moby
⏲ 3 minutes 49 seconds 👁 3.1M
Blake Shelton
⏲ 2 minutes 54 seconds 👁 14.7M
SASSY SISTERS Teresa and Anna were born with similar congenital limb differences - they have both lived their entire lives without arms. Having each been adopted by their mum at a young age, who encouraged them to be fiercely independent, they grew up learning to use their feet as hands. Teresa told truly: \
⏲ 8:20 👁 30K
City Of Tampa Meetings
⏲ 5 hours 47 minutes 14 seconds 👁 211
historyteachers
⏲ 3 minutes 22 seconds 👁 2.7M
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