• Saturday, June 03, 2023


NBA’s Ballmer paces world’s 63 billionaire sport team owners


By: Eastern Eye Staff

THIS week’s Forbes magazine list of the world’s wealthiest people finds 63 billionaires around the planet worth a combined $285 billion who together own 81 teams across seven sports over 12 leagues. The richest of the lot is former Microsoft chief executive Steve Ballmer, owner of the NBA Los Angeles Clippers, who has a net worth of $23.5 billion after spending $2 billion in 2014 for the club once owned by Donald Sterling before racist statements led to his life ban from the league. That record price came only months before the NBA signed a record set of nine-year television…

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