There are 58 billionaire sports team owner around the world who own a combined 70 sports teams. Their cumulative net worth: $359 billion. India's Mukesh Ambani heads the pack with $50 billion.
The Mumbai Indians lost more than half of their cricket matches last year during the eleventh season of the Indian Premier League. It was a disappointing finish for one of the most successful teams in the history of the IPL. The Indians had previously racked up three league titles.
The company’s Jio phone service has signed on 280 million customers by offering free domestic voice calls, dirt-cheap data services and virtually free smartphones. The firm’s stock soared 35% over the last year, pushing Ambani’s net worth up.Ambani bucked the trend of many billionaires, who took it on the chin this year, relatively speaking. By our latest count
Ballmer has ramped up his philanthropy since 2014, putting over $2 billion into a donor-advised fund, with a focus on lifting Americans out of poverty. Rounding out the five richest sports team owners are San Jose Sharks owner Hasso Plattner and Chelsea’s Roman Abramovich .
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