Find out the NBA owners ranked by their wealth and team owners' net worth in 2025.
The NBA franchise holds a place in the list of most valuable sports leagues in the world. It consists of some of the biggest and richest sports franchises globally, with a significant number of teams having an average value of $1b.
NBA team valuation has continued to increase as a result of the league's popularity and continuous attraction of investors, followers and fans across the world.
Additionally, there is the continuous trend of investment in teams year in, year out. That said, the NBA franchise has some of the wealthiest individuals across the United States and abroad.
NBA owners ranked by wealth in 2025 - owner's net worth/richest
Steve Ballmer - $156 billion (Los Angeles Clippers)
Steve Ballmer is the sole owner of the Los Angeles Clippers NBA franchise. He purchased the team in 2014 for $2 billion from the then owner, Donald Sterling.
Steven is an American businessman and investor and a former CEO of Microsoft from 2000 to 2014. Outside the Clippers franchise, he also owns the San Diego Clippers in the NBA G League.
Steve Ballmer is the co-founder of Ballmer Group, and figures from Forbes show that he has an estimated net worth of $156 billion.
Miriam Adelson - $38.1 billion (Dallas Mavericks)
Miriam Adelson is the majority owner of the Dallas Mavericks alongside other owners, including Patrick Dumont, since 2024. Others with a minority stake include Mark Cuban.
Miriam is an Israeli-American physician and investor in sports franchises. She is the widow of Sheldon Adelson, the late casino magnate. Figures from Forbes reveal that Miriam and the Adelson family have a net worth of around $38.1 billion.
Robert J. Pera - $33.8 billion (Memphis Grizzlies)
The next wealthy NBA owner today is Robert J. Pera. He is the controlling owner through the Memphis Basketball, LLC, and has been part of the ownership since 2012.
Robert is an American businessman and founder of Ubiquiti Networks, Inc. Today, the company is known for its global presence in the communications technology industry. Figures from Forbes show that his net worth is 33.8 billion.
Dan Gilbert - $32 billion (Cleveland Cavaliers)
Dan Gilbert has been the majority owner of the Cleveland Cavaliers NBA franchise since 2005. He is a businessman and the co-founder of Rocket Mortgage.
Dan Gilbert owns Rock Ventures, a holding company with investments in real estate and sports franchises. His net worth is estimated to be $32 billion.
Jody Allen and Estate - $20.3 billion (Portland Trail Blazers)
Portland Trail Blazers owns and controls the Portland Trailblazers owned by her brother. She is an American businesswoman, entrepreneur, and philanthropist and co-founder of the Paul G. Allen Family Foundation.
Jody is also the current owner of the Seattle Seahawks of the National Football League (NFL) with minority ownership of the Major League Soccer club Seattle Sounders.
Another entity under the ownership of Jody Allen is Vulcan Real Estate. She is one of the co-founders.
Mat Ishbia $9.7B and Justin Ishbia ($6.2B), combined $15.4 billion (Phoenix Suns)
The Ishbia brothers are the owners of the Phoenix Suns. Mat Ishbia, who purchased the team in 2023 for $4 billion, is the majority owner, while his brother Justin Ishbia holds a minority stake.
Mathew Ishbia is an American businessman, CEO and chairman of the United Wholesale Mortgage. He also owns the Phoenix Mercury (WNBA) alongside his brother, Justin.
Justin Ishbia, on the other hand, is a private equity investor and founding partner of Shore Capital Partners. He also owns part of the Phoenix Mercury (WNBA) with stakes in Nashville SC (MLS) and the Chicago White Sox (MLB).
Josh Harris $12 billion and David Blitzer $3.6 billion, combined - $15.6 billion (Philadelphia 76ers)
Josh Harris and David Blitzer are the majority owners of the Philadelphia 76ers through the Harris Blitzer Sports & Entertainment (HBSE).
Josh Harris
Josh is an American investor with ownership of several sports franchises. He is the co-founder of Apollo Global Management, a private equity firm, and managing partner of the Philadelphia 76ers (NBA) and Washington Commanders (NFL), general partner of Crystal Palace (Premier League) and owner of Joe Gibbs Racing.
David Blitzer
David Blitzer is an investor and owner of sports franchises. He is a managing partner of the New Jersey Devils (NHL) and the Philadelphia 76ers (NBA). He also holds the position as chairman of Blackstone's tactical opportunities division.
Blitzer manages several soccer teams globally through Global Football Holdings. He also owns a minority share of the Cleveland Guardians (MLB) and the Washington Commanders (NFL).
Joe and Clara Wu Tsai - $13.2 billion (Brooklyn Nets)
Joseph Tsai is the majority owner of the Brooklyn Nets. He is a Taiwanese-Canadian businessman and co-founder of the Alibaba Group. Over the years, he has invested in sports franchises and owns the New York Liberty (WNBA) and the San Diego Seals (NLL).
Ann Walton Kroenke - $13.1 billion (Denver Nuggets)
Ann Walton-Kroenke is the daughter of Bud Walton. She inherited part of Bud's stake in Walmart in 1995. She is also a registered nurse. Her husband, Stan Kroenke, is a billionaire real estate and sports team owner with some of the biggest teams under his control, including the Los Angeles Rams, Denver Nuggets, Colorado Avalanche, Colorado Rapids and Arsenal FC.
Tony Ressler - $12.2B (Atlanta Hawks)
Tony Ressler is the majority owner of the NBA side Atlanta Hawks. He owns the team alongside other shareholders but represents them due to his shares in the ownership structure of the team.
According to figures from Forbes, Tony Ressler has a net worth of $12.2B. He is the co-founder of Apollo Global Management, a private equity giant in the United States.
Tony Ressler also co-founded private equity firm Ares Management in 1997 and owns a minority stake in the Milwaukee Brewers MLB franchise.
The Atlanta Hawks were reported to have been sold to him for $850 million in 2015. Under his ownership, the team has won two divisional titles.
Jimmy and Dee Haslam: $8.7B; Wesley Edens: $2.3B; combined: $11 billion (Milwaukee Bucks)
Wes Edens, Jimmy & Dee Haslam, and Jamie Dinan are the primary stakeholders of the Milwaukee Bucks.
Wes Edens
Wesley is an American businessman, a private equity investor and the co-founder of Fortress Investment Group and the founder of New Fortress Energy. He has invested in multiple sports and is currently co-owner of the Milwaukee Bucks and Aston Villa FC. He is also a part owner of the V Sports holding company alongside Nassef Sawiris with minority shareholders Atairos.
Wes Edens also owns Brightline, FlyQuest, Nationstar, and Springleaf Financial Services and is a co-founder of Cincoro Tequila.
Jimmy & Dee Haslam
Jimmy Haslam is an American businessman and sports executive. He has several sports franchises alongside his wife, Dee Haslam. They include the Columbus Crew (MLS).
Tilman Fertitta - $10.5 billion (Houston Rockets)
Tilman Fertitta is the majority owner of the Houston Rockets, which he purchased in 2017 for $2.2 billion. The American businessman and investor owns Landry's, Inc., a hospitality company interested in restaurants, casinos, and hotels.
Tom Gores - $10.1 billion (Detroit Pistons)
Tom Gores has been the majority owner since 2011. He is the founder of the private equity firm Platinum Equity and owns sports teams.
Tom Gores acquired the Detroit Pistons in a deal worth $325 million.
Micky Arison - $9.8 billion (Miami Heat)
Micky Arison has been the majority owner of the franchise since 1995. The billionaire businessman is one of the key people in the operations of Carnival Corporation, a cruise operator known as one of the largest in the world.
Mark Walter - $7.3 billion (Los Angeles Lakers)
Mark Walter is one of the biggest names in the global financial market as well as in sports investment. He is one of the key players in Guggenheim Partners, which has one of the biggest financial assets.
Mark Walter currently owns several sports teams in America and Europe.
Herbert Simon - $6.4 billion (Indiana Pacers)
Herbert Simon has been the majority owner since 1983. He is a real estate developer and co-founder of Simon Property Group. He also owns the Indiana Fever and the Indiana Pacers of the NBA.
Gayle Benson - $7.1 billion (New Orleans Pelicans)
Gayle Benson is the majority owner of the New Orleans Pelicans, which was previously owned by her husband, Tom Benson, who acquired the team in 2012. She has managed the franchise since 2018.
Gayle Benson also oversees the New Orleans Saints of the National Football League while also controlling a fortune from major industries, including real estate and automotive dealerships.
Dan DeVos - $5 billion (Orlando Magic)
The Orlando Magic is owned by RDV Sports, Inc., a holding company founded by the DeVos family.
Alex Rodriguez $350 million and Marc Lore $4.35 billion (Minnesota Timberwolves)
The Timberwolves are owned by Marc Lore and Alex Rodriguez.
Alex Rodriguez is an American former MLB player with investments in real estate, media, and sports. He is known for his activities in A-Rod Corp, a company known for its investment in real estate, sports, and media.
Marc Lore, on the other hand, is the chairman and CEO of the Wonder Group and co-owns the Minnesota Lynx (WNBA) and the Minnesota Timberwolves (NBA).
Ted Leonsis - $3.9 billion (Washington Wizards)
Ted Leonsis is the majority owner of the Washington Wizards through Monumental Sports & Entertainment, which also owns the Washington Capitals (NHL), Washington Mystics (WNBA), and Capital City Go-Go (NBA G-League).
Ted Leonsis is an American businessman and former senior executive with America Online (AOL).
Joe Lacob $2.3B and Peter Guber ($1.5B) have a combined $3.8 billion (Golden State Warriors).
The Golden State Warriors is owned by Joe Lacob (majority) and Peter Guber. The team's corporate entity also owns and operates the Golden State Valkyries (WNBA), Santa Cruz Warriors (G-League), Golden State Entertainment, Thrive City, and Chase Center.
William Chisholm - $3.2 billion (Boston Celtics)
William Chisholm is the majority owner of the Boston Celtics. He acquired the franchise in March 2025 for a record $6.1 billion.
William Chisholm is the managing director and co-founder of Symphony Technology Group (STG).
Larry Tanenbaum - $2.5 billion (Toronto Raptors)
The Toronto Raptors are owned by the Maple Leaf Sports & Entertainment (MLSE), with Larry Tanenbaum as one of the key players. He is also part of the Kilmer Group, known for its operations in infrastructure, electronics, publishing, food processing, and gaming.
Jerry Reinsdorf - $2.3 billion (Chicago Bulls)
Jerry Reinsdorf has been the principal owner since 1985. He owns other sports franchises, including the MLB's Chicago White Sox. He is a real estate mogul and made a fortune through the Balcor Company.
Ryan Smith - $2.2 billion (Utah Jazz)
Ryan Smith is the majority owner of the Utah Jazz franchise. He is the chairman of Smith Entertainment Group as well as co-founder of Qualtrics and currently owns Real Salt Lake (MLS) as part owner.
James Dolan - $2 billion (New York Knicks)
James Dolan is the majority owner of the New York Knicks. He inherited his wealth from his father, Charles Dolan, who was the founder of Cablevision. He also owns Madison Square Garden Entertainment.
Vivek Ranadivé - $700 million (Sacramento Kings)
Vivek Ranadivé and the Jacobs brothers own the Sacramento Kings franchise. He is the majority owner of the franchise.
Vivek Ranadivé is an Indian-American engineer and technology entrepreneur. He founded TIBCO Software, known for its speciality in real-time data analytics.
Gabe Plotkin - $400 million
Gabe Plotkin and Rick Schnall are the two majority owners since the purchase in June 2023.
Gabe Plotkin is the founder and chief investment officer of former Melvin Capital Management and Tallwoods Capital LLC.
Rick Schnall is the co-president of private equity firm Clayton, Dubilier & Rice.
Clay Bennett - $400 million (Oklahoma City Thunder)
The Oklahoma City Thunder is owned by The Professional Basketball Club, LLC, led by Clay Bennett. He is part of Dorchester Capital, an investment firm.
Peter J. Holt - $200 million (San Antonio Spurs)
Peter J. Holt serves as the managing partner of Spurs Sports & Entertainment. The Holt family is the largest owner of the franchise, with up to a 40% stake.
Peter J. Holt owns the San Antonio Spurs (NBA), San Antonio FC (USL Championship), San Antonio Rampage (AHL), and Austin Spurs (NBA G League).