Mukesh Ambani worth $36.8bn, drops to 2nd in Forbes richest sports teams owners' list

Defending IPL champions Mumbai Indians' owner Mukesh Ambani dropped one place down in list of Forbes richest sports teams owners. Indian business magnate topped Forbes list last year but was pipped by former Microsoft CEO Steve Ballmer. Despite drop in his Reliance shares rates, Mukesh Ambani has pipped Chelsea owner Roman Abramovich, Arsenal owner Stan Kroenke and Dietrich Mateschitz, owner of New York Red Bulls, Red Bull Racing and  Scuderia Alphatauri. 

Also Re: Virat Kohli Earned ₹196 Cr Last Year, Only Indian In Forbes' 2020 Richest Athletes List

Mumbai Indians owner Mukesh Ambani is second on Forbes richest sports teams owners' list

Indian business giant Mukesh Ambani has lost his top spot in recently released list of richest sports team owners by Forbes. Mukesh Ambani, who owns IPL's most successful side Mumbai Indians, was pipped by former Microsoft CEO Steve Ballmer, who owns NBA side Los Angeles Clippers. When Forbes combined list, Mukesh Ambani's net worth was $36.8 billion compared to Ballmer's $52.7 billion.

However, since n, ir net worth has increased significantly according to Forbes real-time net worth metric, with Mukesh Ambani's net worth values at an astonishing $53.8 billion, while Clippers owner's net worth is set to be at $65.4 billion. François Pinault, chairman of Kering, was third on Forbes list and owns Ste Rennais FC while, Dietrich Mateschitz, founder of Red Bull,, followed at .4 spot. 

Also Re: MS Dhoni, Suresh Raina, Dwayne Bravo Snubbed By JP Duminy In All-time IPL XI

Forbes ted that Mumbai Indians owner Mukesh Ambani's fortune plummeted $13 billion, to $36.8 billion, as Reliance shares in oil and gas business slumped over energy demand concerns during a global recession. fall in share rates saw him and Mumbai Indians dethroned by Ballmer and Los Angeles Clippers. Mukesh Ambani bought Rohit Sharma led-team for a reported fee of $111.9 million in 2008, making it most expensive IPL franchise at time. Under Mukesh Ambani's ownership, Mumbai Indians have established mselves as most successful franchise in IPL history, lifting four IPL titles. 

Also Re: Virat Kohli And Yuvraj Singh's 4 Surprising Similarities Beyond Cricket Field

Forbes reports that re are 60 billionaire controlling owners of 80 teams in major sports leagues around world, which are collectively worth $379 billion. Or table names in top 10 of Forbes richest sports teams owners' list are Hasso Plattner and family who own American ice hockey team San Jose Sharks, David Tepper who owns American football team Carolina Panrs, Russian billionaire Roman Abramovich Chelsea's majority owner, Philip Anschutz,  owner NHL's Los Angeles Kings and LA Galaxy in MLS, Stanley Kroenke who owns NFL, MLS, NHL, EPL and NBA teams and Joseph Tsai, owner of Brooklyn Nets. Mumbai Indians owner Mukhesh Ambani is 11th on list of world's richest people, a list topped by Amazon's Jeff Bezos for third year running. 

Also Re: Rohit Sharma Becomes First-ever Brand Ambassor Of IIFL Finance