Steve Ballmer is no longer the richest sports team owner in the world.
Despite seeing his net worth increase from $52.7 billion to $68.7 billion in the last year, the Los Angeles Clippers owner and former Microsoft CEO fell from No. 1 to No. 2 on Forbes' annual list of the richest controlling sports team owners. Mukesh Ambani, owner of the Mumbai Indians cricket team, overtook Ballmer for the top spot with a net worth of $84.5 billion.
The 20 owners who made the list have a combined net worth of $426 billion - a 60% increase from last year's $266 billion total, according to Forbes.
Cleveland Cavaliers owner Dan Gilbert experienced the biggest gains, with his net worth increasing 700% from last year to an estimated $51.9 billion thanks in part to his mortgage company Quicken Loans going public in August.
Here's the full list:
|1.||Mukesh Ambani||Mumbai Indians||$84.5B|
|2.||Steve Ballmer||Los Angeles Clippers||$68.7B|
|3.||Dan Gilbert||Cleveland Cavaliers||$51.9B|
|4.||Francois Pinault & family||Stade Rennais FC||$42.3B|
|5.||Dietrich Mateschitz||New York Red Bulls / Red Bull Racing||$26.9B|
|6.||Robert Pera||Memphis Grizzlies||$18.3B|
|7.||Steve Cohen||New York Mets||$16B|
|8. (tie)||Roman Abramovich||Chelsea FC||$14.5B|
|8. (tie)||David Tepper||Carolina Panthers||$14.5B|
|10.||Joseph Tsai||Brooklyn Nets||$11.6B|
|11.||Philip Anschutz||Los Angeles Kings / LA Galaxy||$10.1B|
|12.||Jerry Jones||Dallas Cowboys||$8.9B|
|13.||Hasso Plattner & family||San Jose Sharks||$8.3B|
|14.||Stanley Kroenke||Arsenal / Los Angeles Rams / Denver Nuggets / Colorado Avalanche / Colorado Rapids||$8.2B|
|15.||Shahid Khan||Jacksonville Jaguars||$8B|
|16.||Stephen Ross||Miami Dolphins||$7B|
|17.||Robert Kraft||New England Patriots / New England Revolution||$6.9B|
|18. (tie)||Dmitry Rybolovlev||FC Monaco||$6.7B|
|18. (tie)||Micky Arison||Miami Heat||$6.7B|
|20.||Arthur Blank||Atlanta Falcons / Atlanta United FC||$6.4B|