Everytime somebody mentions how rich a celebrity is somebody else will ask “how rich is the guy that wrote the check?” Many of the celebs I’m referring to are NBA athletes and the check writers for those guys are the NBA team owners. Forbes magazine recently put out a list showcasing the richest Americans and on that list are 32 sports team owners – 13 of those own NBA teams. 7 of those 13 have over $2 billion and 3 of those 7 have a net worth of over $5 billion.
To try to put that into perspective, Magic Johnson’s net worth is estimated to be around half a billion and Jordan is around $650 million. This means, Magic and MJ combined have the worth of the lowest NBA owner on this list which is Pelicans owner Tom Benson.
Kobe’s estimated net worth is around $200 million with LeBron’s net hovering a little over the 100 million mark. So basically Magic, Michael and the entire East and West All-Star team combined still can’t equal the net worth of half of the owners on this list.
Because of Mark Cuban’s high profile image many would think the most entertaining Shark on Shark Tank would be near the top of the list but he’s actually in 7th. The owner comfortably sitting at the top with a net worth of $6.5 billion is Orlando Magic owner Richard DeVos. I’m not going to do the math but it might take the majority of past and present Magic players to equal DeVos and that’s including Gilbert Arenas.
Now keep in mind this list was made just for Americans and not all NBA team owners are Americans. Brooklyn Nets owner Mikhail Prokhorov has a net worth of $13 billion which is more than DeVos and Miami Heat owner Micky Arison ($5.9B) combined or the bank accounts of every active NBA player!
NBA Owners on the list:
Richard DeVos (Orlando Magic, $6.3 billion),
Micky Arison (Miami Heat, $5.9 billion)
Stan Kroenke (Denver Nuggets, $5.3 billion)
Dan Gilbert (Cleveland Cavaliers, $3.9 billion)
Charles Dolan (New York Knicks, $3.3 billion)
Tom Gores (Detroit Pistons, $2.7 billion)
Mak Cuban (Dallas Mavs, $2.5 billion)
Josh Harris (Philadelphia 76ers, $2.5 billion)
Robert Pera (Memphis Grizzlies, $1.95 billion)
Herb Simon (Indiana Pacers, $1.95 billion)
Donald Sterling (Los Angeles Clippers, $1.9 billion)
Glen Taylor (Minnesota Timberwolves, $1.7 billion)
Tom Benson (New Orleans Pelicans, $1.3 billion