Home Maury Brown Sixty-Six of Forbes' Richest Americans List Are Sports Investors

Like Shoot to Thrill - An AC/DC Tribute on Facebook!

An authentic tribute of AC/DC that covers the best of the Bon Scott era and the best of Brian Johnson's material

Who's Online?

We have 566 guests online

Atom RSS

Sixty-Six of Forbes' Richest Americans List Are Sports Investors PDF Print E-mail
User Rating: / 31
PoorBest 
Written by Maury Brown   
Thursday, 15 October 2009 13:02
Warren Buffet
Warren Buffett, seen here throwing
out the first pitch at a Red Sox
game, tops the richest Americans
with sports investments

Sixty-six, or 17 percent, of the 400 richest Americans have a stake in pro sports ownership according to Forbes latest listing and research by the SportsBusiness Daily.

This year, entry to the Forbes list was set at a minimum of $950M, down from $1.3B for the previous two years.

Of the 66, at the top of the list is Warren Buffett who is an investor in minor league Triple-A Omaha Royals of the Pacific Coast League. Others on Forbes richest list with baseball investments include Lester Crown (minority owner of the Yankees), Ted Lerner (owner, Washington Nationals), John Malone (Liberty Media chairman, owner Atlanta Braves), Robert Rich (owner of minor league Triple-A Buffalo Bison of the International League), Drayton McLane (owner, Houston Astros), John Fisher (investor, Oakland A’s), George Steinbrenner (Yankees Chair; YES Network Owner), Tom Hicks (Texas Rangers owner), Joe Ricketts (soon to be owner of the Chicago Cubs), and Arte Moreno (owner, Los Angeles Angels).

In a sign that the recession is taking a hit to most all investors, only 9 of the 66 on Forbes’ list that are sports investors showed net worth increase or remain the same as last year, with just 3 (Jerry Jones, Malcom Glazer, Steve Bisciotti) seeing net worth increase.

Below is the complete list:

'09 FORBES 400: RICHEST AMERICANS WITH INTERESTS IN SPORTS BUSINESS
'09 RK
'08 RK
'07 RK
NAME
'09
'08
'07
SPORTS INTEREST
2
2
2
Warren Buffett
$40.0B
$50.0B
$52.0B
PCL Triple-A Omaha Royals investor
3
3
4
Larry Ellison
$27.0B
$27.0B
$26.0B
Oracle Racing CEO
(America's Cup)
17
12
11
Paul Allen
$11.5B
$16.0B
$16.8B
Seahawks, Trail Blazers Owner; MLS Sounders FC investor
24
31
30
Phil Knight
$9.5B
$10.5B
$9.8B
Nike Chair
37
36
41
Phil Anschutz
$6.0B
$8.0B
$7.6B
AEG Chair; MLS Galaxy, NHL Kings Owner; Lakers investor
37
47
33
Rupert Murdoch
$6.0B
$6.8B
$8.8B
News Corp. Chair & CEO
44
68
44
John Menard
$5.0B
$5.0B
$7.3B
IRL Team Owner
49
35
27
Charles Ergen
$4.9B
$8.1B
$10.2B
EchoStar Chair & CEO
56
68
55
Micky Arison
$4.3B
$5.0B
$5.8B
Heat Owner
61
91
89
Rich DeVos
$4.2B
$4.0B
$3.6B
Magic Owner
65
75
68
Lester Crown
$4.0B
$4.8B
$4.5B
Bulls, Yankees investor
93
77
63
Robert Holding
$3.3B
$4.6B
$5.0B
Sun Valley Ski Resort Owner
94
105
91
Ron Burkle
$3.2B
$3.5B
$3.5B
Penguins co-Owner
97
105
165
Ted Lerner
$3.0B
$3.5B
$2.5B
Nationals Owner
110
78
68
Stephen Ross
$2.9B
$4.5B
$4.5B
Dolphins Owner
113
134
239
James Jannard
$2.8B
$3.0B
$2.0B
Oakley Chair & CEO
117
105
204
Stan Kroenke
$2.7B
$3.5B
$2.2B
Kroenke Sports Enterprises Owner*
118
96
78
Joan Tisch
$2.6B
$3.8B
$4.2B
NFL Giants co-Owner
123
105
117
Don Schneider
$2.5B
$3.5B
$3.0B
Packers Dir Emeritus
123
163
91
Richard Rainwater
$2.5B
$2.5B
$3.5B
Pebble Beach co-Owner
139
161
161
Mark Cuban
$2.4B
$2.6B
$2.6B
Mavericks Owner
139
190
165
Malcolm Glazer
$2.4B
$2.3B
$2.5B
Buccaneers, EPL club
Manchester United Owner
141
123
108
Charles Dolan
$2.3B
$3.3B
$3.2B
Cablevision Chair, MSG Owner**
141
190
188
John Malone
$2.3B
$2.3B
$2.4B
Liberty Media Chair; Braves Owner
147
123
149
Glen Taylor
$2.2B
$3.3B
$2.7B
T'Wolves Owner
154
131
114
Jerrold Perenchio
$2.1B
$3.1B
$3.1B
Univision Chair & CEO
158
66
41
Sumner Redstone
$2.0B
$5.1B
$7.6B
Viacom Chair & CEO
158
163
---
Philip Falcone
$2.00
$2.5B
---
Wild stakeholder
190
215
165
Robert Rich
$1.9B
$2.1B
$2.5B
IL Triple-A Buffalo Bisons Owner
193
187
204
Jess Jackson
$1.85B
$2.4B
$2.2B
Stonestreet Farms & Stables Owner (Thoroughbred horses)
196
355
317
Jerry Jones
$1.8B
$1.4B
$1.5B
Cowboys Owner
202
205
195
Carl Lindner
$1.75B
$2.2B
$2.3B
Reds investor
204
163
165
Jim Davis
$1.7B
$2.5B
$2.5B
New Balance Chair & CEO
212
227
188
Frederick Smith
$1.65B
$2.0B
$2.4B
Redskins investor
212
262
195
Henry Samueli
$1.65B
$1.8B
$2.3B
Ducks Owner
230
321
380
Steve Bisciotti
$1.55B
$1.5B
$1.3B
Ravens Owner
236
163
195
Ed Roski
$1.50B
$2.5B
$2.3B
Lakers & NHL Kings co-owner
236
215
380
Michael Heisley
$1.5B
$2.1B
$1.3B
Grizzlies Owner
236
321
361
Bob Kraft
$1.5B
$1.5B
$1.4B
Patriots & MLS Revolution Owner
272
301
---
Drayton McLane
$1.45B
$1.6B
---
Astros Owner
277
301
297
Mike Ilitch
$1.4B
$1.6B
$1.6B
Tigers & Red Wings Owner
289
281
239
Tom Golisano
$1.35B
$1.7B
$2.0B
Sabres Owner
296
215
220
Hearst family
$1.3B
$2.1B
$2.1B
ESPN stakeholder
296
301
317
Jeremy Jacobs
$1.3B
$1.6B
$1.5B
Bruins Owner; Delaware North Chair; NESN stakeholder
296
301
361
Patrick Ryan
$1.3B
$1.6B
$1.4B
Bears investor
296
321
149
Roger Penske
$1.3B
$1.5B
$2.7B
IRL, NASCAR &
ALMS team Owner
317
262
271
Eddie DeBartolo
$1.25B
$1.8B
$1.8B
DeBartolo Sports &
Entertainment Chair
317
301
317
Herb Simon
$1.25B
$1.6B
$1.5B
Pacers, WNBA Fever Owner
317
377
317
Arthur Blank
$1.25B
$1.3B
$1.5B
Falcons Owner
326
262
317
John Fisher
$1.2B
$1.8B
$1.5B
A's stakeholder
326
321
317
Bob McNair
$1.2B
$1.5B
$1.5B
Texans Owner
326
321
317
Todd Wagner
$1.2B
$1.5B
$1.5B
Mavericks investor
341
355
317
Barry Diller
$1.15B
$1.4B
$1.5B
Ticketmaster Chair & CEO
341
377
380
George Steinbrenner
$1.15B
$1.3B
$1.3B
Yankees Chair;
YES Network Owner
341
---
---
Bud Adams
$1.15B
---
Titans Owner
347
321
---
Ted Forstmann
$1.1B
$1.5B
---
IMG Chair & CEO
347
---
---
Jim Irsay
$1.1B
---
---
Colts Owner
347
---
---
Daniel Snyder
$1.1B
---
---
Redskins Owner
347
---
---
Alex Spanos
$1.1B
---
---
Chargers Owner
371
134
220
Aubrey McClendon
$1.0B
$3.0B
$2.1B
Thunder investor
371
355
380
Tom Hicks
$1.0B
$1.4B
$1.3B
MLB Rangers, Stars Owner;
EPL club Liverpool co-Owner
371
---
161
J. Joseph Ricketts
$1.0B
---
$1.3B
Cubs Owner
394
---
---
Jeffrey Lurie
$980M
---
---
Eagles Owner
395
---
---
Arte Moreno
$970m
---
---
Angels Owner
396
377
297
Randy Lerner
$960M
$1.3B
$1.6B
Browns, EPL club
Aston Villa Owner
399
---
---
Dwight Schar
$950M
---
---
Redskins investor

NOTES: * = Includes ownership of Avalanche, Nuggets, MLS Rapids, NLL Mammoth and regional sports net Altitude. Also includes stakes in EPL club Arsenal and Rams, as well as co-Ownership of Dick's Sporting Goods Park. ** = Includes ownership of NHL Rangers, Knicks, AHL Hartford Wolf Pack, WNBA Liberty and regional sports nets MSG and MSG+.

Source: Forbes, SportsBusiness Daily


OTHER NEWS FROM THE BUSINESS OF SPORTS NETWORK

(THE BIZ OF FOOTBALL)

(THE BIZ OF HOCKEY)

(THE BIZ OF BASKETBALL)


Maury BrownMaury Brown is the Founder and President of the Business of Sports Network, which includes The Biz of Baseball, The Biz of Football, The Biz of Basketball and The Biz of Hockey. He is available for hire or freelance. Brown's full bio is here. He looks forward to your comments via email and can be contacted through the Business of Sports Network.

Don't forget to register and log in on The Biz of Baseball site to get updates via your in-box, and see information only logged in members can see.

Follow Maury Brown on Twitter Twitter

Follow The Biz of Baseball on Twitter Twitter

FacebookFollow the Business of Sports Network on Facebook

 
 
Banner

Poll

Should MLB Force Jeffery Loria to Sell the Marlins?