Mukesh Ambani, who owns Mumbai Indians, is world’s richest sports owner: Forbes 2023 list

Category : International Published on: April 10 2023

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Mukesh Ambani has been named the richest sports owner in the Forbes billionaire 2023 list, with a net worth of $83.4 billion, surpassing Steve Ballmer, the owner of the Los Angeles Clippers, whose net worth is $80.7 billion.
Steven Anthony Ballmer is an American business magnate and investor who served as the chief executive officer of Microsoft from 2000 to 2014. He is the current owner of the Los Angeles Clippers of the National Basketball Association (NBA).
In recent years, Reliance Industries, owned by Ambani, has been expanding its presence in the sports industry, having purchased a franchise in the inaugural Women’s Premier League and owning cricket teams in South Africa and the UAE.
The Indian Premier League (IPL) team was named India’s most valuable cricket franchise, worth $1.3 billion, by Forbes last year.
Mumbai Indians are the toast of the Indian Premier League, having won a record five league titles in 2013, 2015, 2017, 2019, and 2020.
In addition to owning the Mumbai Indians, Mukesh Ambani has also been involved in promoting other sports in India, including football and basketball.