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canada goose The 20 richest billionaires who own sports teams Hillary Hoffower Sep. 22, 2018, 3:43 PM Steve Ballmer owns the Los Angeles Clippers. Jeff Gross/Getty Images Billionaires often make extravagant purchases — like buying their own sports team. CEOWORLD magazine recently ranked the 20 wealthiest owners of major league sports teams around the world. Some billionaire owners own more than one team — like Paul Allen, who owns the Portland Trail Blazers and the Seattle Seahawks. Billionaires have a lot of cash to drop. Some are known to spend it on mansions. Others, private planes and luxury cars. And others still? They just buy their own sports team. CEOWORLD magazine recently ranked the 20 wealthiest owners of major league sports teams using Forbes’ World’s Billionaires ranking. They found that of the 62 billionaire team owners around the world, their collected net worth is $375 billion. And for some, one team isn’t enough — together, they own 78 teams. In fact, three among the top five richest billionaire sports team owners own multiple teams, Microsoft cofounder Paul Allen among them. Dietrich Mateschitz and Stanley Kroenke own the most teams on the list, with three and four each, respectively. Only one woman makes the list: Marian Ilitch, the cofounder of Little Caesars Pizza. From football to basketball, here’s a look at the 20 richest owners of major sports league teams. 1/ 20. Vichai Srivaddhanaprabha, Thailand Paul Gilham/Getty Images Net worth: $5 billion Team: Leicester City Source of wealth: Duty-free, self-made 2/ 19. Joe Lewis, United Kingdom Dan Istitene/Getty Images Net worth: $5.1 billion Team: Tottenham Hotspur Source of wealth: Investments, self-made 3/ 18. Marian Ilitch, United States Bruce Bennett/Getty Images Net worth: $5.2 billion Teams: Detroit Red Wings, Detroit Tigers Source of wealth: Little Caesars Pizza, self-made 4/ 17. Richard DeVos & family, United States Reinhold Matay/AP Images Net worth: $5.4 billion Team: Orlando Magic Source of wealth: Amway, self-made 5/ 16. Jerry Jones, United States Tom Pennington/Getty Images Net worth: $5.6 billion Team: Dallas Cowboys Source of wealth: Dallas Cowboys, self-made 6/ 15. Charles Johnson, United States Thearon W. Henderson/Getty Images Net worth: $5.6 billion Team: San Francisco Giants Source of wealth: Money management 7/ 14. Robert Kraft, United States Jim Rogash/Getty Images Net worth: $6.2 billion Teams: New England Patriots, New England Revolution Source of wealth: The Kraft Group, self-made 8/ 13. Daniel Gilbert, United States Jason Miller/Getty Images Net worth: $6.3 billion Team: Cleveland Cavaliers Source of wealth: Quicken Loans canada goose outlet online , self-made 9/ 12. Shahid Khan, United States Phelan M. Ebenhack/AP Photos Net worth: $7.2 billion Team: Jacksonville Jaguars Source of wealth: Auto parts, self-made 10/ 11. Stephen Ross, United States Marc Serota/Getty Images Net worth: $7.6 billion Team: Miami Dolphins Source of wealth: Real estate, self-made 11/ 10. Stanley Kroenke, United States Steven Senne/AP Images Net worth: $8.3 billion Teams: Los Angeles Rams, Arsenal, Denver Nuggets, Colorado Avalanche Source of wealth: Sports and real estate, self-made 12/ 9. Mikhail Prokhorov, Russia Mike Stobe/Getty Images Net worth: $9.6 billion Team: Brooklyn Nets Source of wealth: Investments, self-made 13/ 8. Micky Arison, United States Marc Serota/Getty Images Net worth: $9.7 billion Team: Miami Heat Source of wealth: Carnival Cruises 14/ 7. Roman Abramovich, Russia Richard Heathcote/Getty Images Net worth: $10.8 billion Team: Chelsea FC Source of wealth: Steel and investments, self-made 15/ 6. Hasso Plattner & family, Germany Ralph Orlowski/Reuters Net worth: $12.7 billion Team: San Jose Sharks Source of wealth: Software, self-made 16/ 5. Philip Anschutz, United States Christian Petersen/Getty Images Net worth: $13 billion Teams: Los Angeles Kings, LA Galaxy Source of wealth: Investments 17/ 4. Paul Allen mmafights.co.uk , United States Stephen Brashear/Getty Images Net worth: $21.7 billion Teams: Portland Trail Blazers, Seattle Seahawks Source of wealth: Microsoft and investments, self-made 18/ 3. Dietrich Mateschitz, Austria Mark Thompson/Getty Images Net worth: $23 billion Teams: New York Red Bulls, Red Bull Racing, Red Bull Toro Rosso Honda Source of wealth: Red Bull, self-made 19/ 2. Steve Ballmer, United States Stephen Dunn/Getty Images Net worth: $38.4 billion Team: Los Angeles Clippers Source of wealth: Microsoft, self-made 20/ 1. Mukesh Ambani, India Denis Balibouse/Reuters Net worth: $40.1 billion Team: Mumbai Indians Source of wealth: Petrochemicals and oil/gas Previous 1/ Next SEE ALSO: Every pick from the first round of the 2018 NFL Draft will likely get multi-million dollar contracts — here's what each player is expected to make DON'T MISS: The 23 richest billionaire NHL franchise owners — and how they made their fortune canada goose parka