Mukesh Ambani becomes world's richest sports team owner! Check details

Forbes also recently released World's Billionaire list and Mukesh Ambani, Azim Premji, Shiv Nadar, and Lakshmi Mittal were the four Indians who made it on the top 100 list.

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New Delhi: Reliance Industries chairman and Asia's richest man Mukesh Ambani recently topped Forbes' The World's Richest Sports Team Owners 2019 list. The top 20 owners in the list include 13 rising fortunes, two static and five decliners. With a total net worth of about $50 billion, Ambani topped the list. He bought the IPL team Mumbai Indians for over $100 million in 2008 through a RIL subsidiary.

Former Microsoft CEO, Steve Ballmer who own the Los Angeles Clippers team follows Ambani at the second spot in the list. He purchased the basketball team for about $2 billion after he retired from Microsoft. Red Bull energy drink company founder Dietrich Mateschitz followed at number three spot. He owns Red Bull Toro Rosso Honda, Formula One team Red Bull Racing and MLS club New York Red Bulls.

Other people in the top 10 include Hasso Plattner and family who own American ice hockey team San Jose Sharks, Russian billionaire Roman Abramovich who is majority owner of Chelsea football club, David Tepper who owns American football team Carolina Panthers, Philip Anschutz who owns NHL's Los Angeles Kings, Mikhail Prokhorov who owns NBA team Brooklyn Heights, Micky Arison who owns Miami Heat and Stanley Kroenke who owns NFL, MLS, NHL, EPL and NBA teams.

It may be noted the Ambani also topped Hurun India Rich List and Hurun India Philanthropy List. Forbes also recently released World's Billionaire list and Mukesh Ambani, Azim Premji, Shiv Nadar, and Lakshmi Mittal were the four Indians who made it on the top 100 list. Ambani topped as India's richest with a net worth of $50 million.

The billionaire moved up 6 spots in the list to become the 12th richest person in the world. As per Forbes list, Ambani wealth went from $40.1 billion in 2018 to $50 billion in 2019. While Mukesh Ambani moved up the list, brother Anil Ambani slipped several spots and was ranked 1,349th with a net worth of $1.8 billion.

Also, Mukesh Ambani is the first Indian to feature in the top 10 rich list of global billionaires compiled by Hurun and interestingly, he is the only Asian person in the top 10 list. While according to Hurun Global Rich List 2019, Ambani's net worth is estimated at $54 billion, he is not in top 10 of other global benchmarks which keep a live record of world's billionaires.

Source : https://www.timesnownews.com/business-economy/companies/article/mukesh-ambani-becomes-worlds-richest-sports-team-owner-check-details/384256