Arthur Blank
Net worth: $4.8 billion
Owns: Atlanta Falcons, Atlanta United
Business tycoon Arthur Blank founded the industrial store chain Home Depot with investment banker Ken Langone. Together they had planned to launch a company where those who like working on home projects could get everything they need at one shop. Blank served as the home improvement conglomerate’s president for nearly twenty years before he stepped down and became co-chair.
He was a student at Babson College before he began his company in 1978. The wealth he acquired from his venture allowed him to buy the NFL team Atlanta Falcons and its parent group AMB Group.
Jimmy Buffett
Net worth: $600 million
Owns: Miami Dolphins
Music industry veteran Jimmy Buffett, popular for his Gulf and Western songs, has been working with music since 1969 and also owns a moderately-sized portion of the Miami Dolphins, and composed their theme song as well. He has several chart-topping hits like “Margaritaville”, “Come Monday”, and several others.
He is a member of the Coral Reefer Band and has his own fanbase whose members consider themselves as “Parrotheads” and can be rather eccentric just like Kenny Chesney’s own dedicated following. He is also the owner of the Margaritaville Café and the Cheeseburger in Paradise fast-food restaurant chains.
Paul Allen
Net worth: $20.4 billion
Owns: Seattle Seahawks (NFL)
Entrepreneur and philanthropist Paul Allen helped found the tech giant Microsoft with billionaire Bill Gates, placing him among the ranks of the top fifty richest people in the world. He once owned the Seattle FC, Seattle Seahawks, and the NBA Trail Blazers, which have now been passed on to his family members.
Allen and his sister started Vulcan, Inc. which handles his charitable works and business ventures. He has worked in the fields of technology, media, scientific research, real estate, and spaceflight, among other industries that have all contributed to his wealth. He established the Allen Institute for Brain Science, Cell Science, and Artificial Intelligence.
Will Ferrell
Net worth: $100 million
Owns: Los Angeles F.C.
Comedian and actor Will Ferrell, born John William Ferrell, made his first foray into the world of Hollywood show business on the sketch comedy show Saturday Night Live as a cast member, setting himself apart from other cast members by way of his own eccentric sense of comedy. He soon made his way into cinema with films like Anchorman, Talladega Nights, The Other Guys, Step Brothers, and Elf, among others.
He was a member of the late ‘90s group called the “Frat Pack” which consisted of other comedians noted for their antics akin to frat boys and slapstick fun. Despite all the fun, he also harbored an entrepreneurial side, sharing ownership of the Los Angeles FC.
Michael Jordan
Net worth: $1.9 billion
Owns: Charlotte Hornets (NBA)
Celebrated professional basketball player Michael Jordan may just be the all-time face of basketball, earning his fame as the Chicago Bulls’ MVP before retiring from the sport altogether in 2003 when he played for the Washington Wizards at the time.
Jordan would later make a $175-million investment in the Charlotte Hornets in 2010, which was a smart move since the Hornets today are worth over a billion dollars. Not everyone is on board with the former player’s leadership skills, but it’s not hard to see the value of having your team owned by a retired NBA all-star athlete.
James Dolan
Net worth: $1.5 billion
Owns: New York Knicks (NBA)
Born in New York City and later attended SUNY in New Paltz, James Dolan owned the NBA team New York Knicks and MSG Networks. He also serves as the CEO and executive chairman of the Madison Square Garden Company where many events like the many games of the Knicks, the New York Rangers, and the WNBA team New York Liberty take place.
As the owner of MSG, he takes responsibility for the operations of the company and its sports teams that include the Knicks, the Rangers, and the Liberty.
Jerry Jones
Net worth: $6.7 billion
Owns: Dallas Cowboys (NFL)
Los Angeles-born Jerry Jones owns the Dallas Cowboys and has also been involved with the Teamsters. He had taken a $1-million loan out from Jimmy Hoffa to launch a pizza parlor chain which soon flopped. He later worked at an insurance company until he dabbled with other business endeavors using the loaned money.
He would eventually find his footing in the oil and gas industry when he launched his own group in Arkansas. He later formed Legends Hospitality which would only add more digits to his paycheck. He became the owner of the Cowboys in the ‘90s which changed the way things worked for the team.
Steve Ballmer
Net worth: $46.9 billion
Owns: L.A. Clippers (NBA)
Microsoft co-founder Bill Gates chose this business mogul to succeed him as the company’s CEO from 2000 to 2014, cementing his place amongst the top 20 richest people in the world. The Detroit-born entrepreneur is also the owner of the L.A. Clippers. He once went to Harvard University and then to Stanford University where he eventually quit.
Ballmer bought the Clippers for $2 billion after NBA commissioner Adam Silver persuaded its previous owner Donald Sterling to give up the team. Clippers fans have since been pleased with the former Microsoft CEO’s wonderful work with the team.
Mark Cuban
Net worth: $4.1 billion
Owns: Dallas Mavericks (NBA)
2929 Entertainment owner and AXS TV chairman Mark Cuban is the owner of the NBA team Dallas Mavericks. He placed most of his investments in media, entertainment, and sports. The Pittsburgh-born billionaire was a student at the University of Pittsburg and Indiana University in Bloomington before he moved to Dallas, Texas.
He’s better known amongst his peers and in the public eye for owning a sports team, but he is in no way on par with a Hollywood celebrity. His acumen has given him a place in the history of sports.
Bill Maher
Net worth: $100 million
Owns: New York Mets
Caustic commentator Bill Maher has been in the world of show business since 1979 as a comedian and author as well. A Cornell University alumnus, the New York City native bitingly sharp banter distinguishes him from many others in his line of work.
Despite his presence in the public eye, Maher’s co-ownership of the New York Mets is not exactly common knowledge, but it’s an investment he’s particularly proud of. This sports team holding may be shocking news to many who don’t already know it, but there’s nothing more astounding than our next notable sports team owner. Keep reading to find out who it is.