00:00The 25 richest sports owners in the world are worth a collective $607 billion.
00:05Here's a look at the top five.
00:07In fifth is Israeli billionaire Idan Ofer, who's worth an estimated $22.5 billion.
00:13The younger son of the late shipping magnate, Sammy Ofer, he acquired majority control of
00:18Portugal's FC Fumilicão in 2018, a year after he bought a minority stake in Spanish soccer club
00:24Atletico Madrid. In fourth is Cleveland Cavaliers owner Daniel Gilbert, who's worth an estimated
00:29$27.8 billion. Gilbert owes the bulk of his fortune to the publicly traded mortgage lending
00:36company Rocket Companies, but his Cleveland Cavaliers have climbed quite a bit too and are
00:41now worth $3.95 billion. In third is Miri Madelson, who's worth an estimated $32.1 billion.
00:49As the relatively new owner of the Dallas Mavericks, she hit an early bump in her tenure as owner
00:54with this year's trade of superstar Luka Doncic to the Los Angeles Lakers.
00:58At number two is Denver Broncos owner Rob Walton, who's worth an estimated $110 billion.
01:05His fortune nearly doubled over the past year thanks to Walmart, the public company his father
01:11founded more than six decades ago, but that still couldn't help him claim the top spot of the
01:16world's richest sports owner. That honor once again belongs to Steve Ballmer, the Los Angeles
01:21Clippers owner who's worth an estimated $118 billion.
01:24Ballmer long wanted to move the Clippers out of the arena they shared with the Los Angeles
01:29Lakers and Kings, and his dream finally became a reality last year when their new home, the
01:34Intuit Dome, opened in Inglewood.
01:37To see the full list, read more at Forbes.
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