Jamesty
The National Basketball Association (NBA) isn’t simply a league of athletic titans; it’s a playground for some of the world’s wealthiest individuals. Owning an NBA franchise has become a desirable asset, with team prices surging due to enormous television rights deals, global brand expansion, and increasing fan involvement. The financial might of these owners frequently extends far beyond basketball, resulting from different empires in technology, real estate, finance, and several other areas.
List Of Top 10 Richest NBA Team Owners In The World 2025
1. Steve Ballmer
Steve Ballmer is the richest NBA owner by a wide margin. His wealth mostly comes from his long time as CEO of Microsoft. His ambitious approach to establishing the Clippers, which includes the creation of the cutting-edge Intuit Dome in Inglewood, shows how committed he is to the team. Ballmer’s huge fortune lets the Clippers go after the best players and create state-of-the-art facilities, which helps them stay competitive in the crowded Los Angeles market.
2. Dan Gilbert
Dan Gilbert made a lot of money as the co-founder and primary owner of Rocket Mortgage, the biggest mortgage lender in the US. He bought the Cleveland Cavaliers in 2005, and since then the team has had a lot of success, including winning an NBA title. Gilbert’s business flair and huge cash have helped the Cavaliers stay competitive and make a difference in the Cleveland community.
3. Jody Allen
Paul Allen, Jody Allen’s late brother and co-founder of Microsoft, is largely responsible for the significant net fortune that Jody Allen received from him. In her capacity as trustee of Paul Allen’s estate, she is responsible for managing a wide portfolio of assets, which includes the National Football League teams the Seattle Seahawks and the Portland Trail Blazers. Paul Allen’s diversified interests and his enthusiasm for sports franchises will continue to be a legacy thanks to her job, which ensures their continuation.
4. Stan Kroenke
The portfolio of clubs owned by Stan Kroenke includes not only the Denver Nuggets of the National Basketball Association (NBA), but also the Los Angeles Rams of the National Football League (NFL), the Colorado Avalanche of the National Hockey League (NHL), Arsenal FC of the Premier League, and a number of other teams. The majority of his fortune comes from real estate as well as a wide variety of assets that are associated with sports. Since Kroenke became the owner of the Nuggets, the team has had a meteoric climb to fame, culminating in an NBA title.
5. Joseph Tsai
Joseph Tsai, who was a co-founder of Alibaba Group and a former executive vice chairman of the company, has amassed a substantial wealth as a result of his business endeavors in the fields of technology and e-commerce. As a result of his ownership of the Brooklyn Nets, the team has been converted into a global brand, which has resulted in the acquisition of elite players and the establishment of a strong presence in New York City. Because of Tsai’s fortune, the Nets have the resources necessary to compete at the highest level with other teams.
6. Jimmy Haslam & Wes Edens
Jimmy Haslam, who is most recognized for his ownership of the Cleveland Browns (National Football League) and Columbus Crew (Major League Soccer), just bought a large share in the Milwaukee Bucks. Wes Edens is a crucial co-owner of the Bucks, but Jimmy Haslam is also significant in the Bucks. With the majority of his wealth coming from the Pilot Flying J truck stop network, Jimmy Haslam is predicted to have a personal net worth of approximately $4.8 billion as of the year 2023. Another individual who has amassed a substantial wealth is Wes Edens, who was one of the co-founders of Fortress Investment Group. As a result of their combined financial strength, the Bucks have a strong backing, as demonstrated by the National Basketball Association championship they just won.
7. Maple Leaf Sports & Entertainment (MLSE)
MLSE, which stands for Maple Leaf Sports & Entertainment, is not an individual but rather a powerful ownership organization that is principally controlled by Rogers Communications and Larry Tanenbaum. Not only does MLSE control the Toronto Raptors of the National Basketball Association (NBA), but it also owns the Toronto Maple Leafs of the National Hockey League (NHL), Toronto FC of the Major League Soccer (MLS), and other sports organizations. Within the Major League Soccer (MLSE), the Raptors are among the most well-supported franchises due to the vast cumulative value of the league’s assets and the varied revenue streams it generates.
8. David Blitzer and Josh Harris
Harris Blitzer Sports & Entertainment (HBSE) was started by David Blitzer and Josh Harris. The company owns the Philadelphia 76ers, the New Jersey Devils (NHL), and a small part of Crystal Palace (English Premier League). As of 2025, Josh Harris’s net worth is thought to be over $10.4 billion, mostly from private equity (he co-founded Apollo Global Management). David Blitzer, who is also a private equity professional, adds a lot to their wealth as a group. Their huge financial power and dedication to developing great franchises are shown by their strategic investments in many sports.
9. Tilman Fertitta
Tilman Fertitta is a well-known businessman who has made a lot of money from his many businesses in the hotel, entertainment, and gaming industries. He is the CEO of Landry’s, Inc., which owns a lot of hotels, restaurants, and casinos. Fertitta owns the Houston Rockets, which is a big component of his business interests. He brings his business skills and money to the NBA.
10. Glen Taylor, Marc Lore, and Alex Rodriguez
Marc Lore and Alex Rodriguez are leading a group that is taking over the Minnesota Timberwolves from Glen Taylor. Glen Taylor, who made his money from printing and other enterprises, was thought to be worth about $2.9 billion as of May 2025. Marc Lore, who started Jet.com and is a well-known tech entrepreneur, and Alex Rodriguez, a famous baseball player who is now a businessman, are slowly gaining control. Their combined financial strength, especially Lore’s knowledge in technology, should help the Timberwolves club come up with new plans and get additional resources.
