Every NBA Owner's Net Worth (2026)

Oct 17, 2026, 1:13 PM GMT+1

Nasir is a sports journalist and has previously worked for SPORTbible from 2016 to 2026.

He helped grow, develop and expand SPORTbible's coverage of combat sports and worked closely with the UFC, the PFL and Matchroom Boxing.

He has also contributed to AddictedMMA and CagePotato.

Nasir specialises in combat sports and has interviewed some of the biggest names in the fight game, including Conor McGregor, Tyson Fury, Anthony Joshua and Tom Aspinall, while covering events in Las Vegas, New York, Dubai and Saudi Arabia, to name but a few.

He has also covered a wide range of other sports during his time as a journalist, including football and cricket.

Nasir graduated from Bath Spa University with a degree in Media Communications.

Every NBA owner has been ranked by how rich they are from lowest to highest and the figures are eye-watering.

The new NBA season gets underway next season as the New York Knicks will be aiming to defend their championship following their incredible 2026 triumph over the San Antonio Spurs.

The Knicks ended a 53-year wait for their third NBA championship with a 94-90 win over the Spurs, clinching the best-of-seven series 4-1.

The Detroit Pistons welcome the Boston Celtics to the Little Caesars Arena in the opener of the new season next Tuesday.

Ahead of the 2027 NBA season commencing, we've ranked every franchise owner by how rich they are, starting with the lowest — thanks to a report by BetMGM.

Rank	Team	Owner (s)	Net Worth
T-29	Oklahoma City Thunder	Clay Bennett	$400m
T-29	Charlotte Hornets	Gabe Plotkin	$400m
T-27	San Antonio Spurs	Peter J. Holt	$800m
T-27	Sacramento Kings	Vivek Ranadive	$800m
26	Orlando Magic	Dan DeVos	$2.1b
T-23	Portland Trail Blazers	Tom Dundon	$2.3b
T-23	Chicago Bulls	Jerry Reinsdorf	$2.3b
T-23	Golden State Warriors	Joe Lacob	$2.3b
22	Toronto Raptors	Larry Tanenbaum	$2.8b
21	Boston Celtics	William Chisholm	$3.2b
20	Utah Jazz	Ryan Smith	$3.3b
19	Washington Wizards	Ted Leonsis	$3.9b
18	Minnesota Timberwolves	Marc Lore	$4b
17	Los Angeles Lakers	Josh Kushner	$5.2b
16	New York Knicks	James Dolan	$7b
15	Indiana Pacers	Herb Simon	$7.8b
14	New Orleans Pelicans	Gayle Benson	$7.9b
13	Milwaukee Bucks	Jimmy Haslam	$9b
12	Phoenix Suns	Mat Ishbia	$9.1b
11	Detroit Pistons	Tom Gores	$10b

10 Tony Ressler - Atlanta Hawks

Net worth: $10.6 billion

Backed by a group of investors, Tony Ressler snapped up the Atlanta Hawks for $850 million in 2015. He co-founded Apollo Global Management in 1990 and Ares Management in 1997.

9 Joseph Tsai - Brooklyn Nets

Net worth: $12.9 billion

Joseph Tsai, who is the co-founder and chairman of Alibaba Group, acquired the Brooklyn Nets and Barclays Center for a total of $3.3 billion from Mikhail Prokhorov in September 2019 after buying 49 per cent of the franchise for $1 billion in April 2018.

8 Josh Harris - Philadelphia 76ers

Net worth: $13 billion

LeBron James of the U.S. during practice — LeBron James via REUTERS/Amr Alfiky

Josh Harris, who is the managing partner of NHL side the New Jersey Devils and NFL team the Washington Commanders, purchased the Philadelphia 76ers from Comcast Spectacor for $280 million in 2011. The 76ers signed LeBron James to a huge contract in the summer.

7 Tilman Fertitta - Houston Rockets

Net worth: $13.8 billion

Tilman Fertitta bought the Houston Rockets for $2.2 billion from Leslie Alexander in 2017. He is the richest restaurant owner in the world as he owns Landry’s, Inc.

6 Micky Arison - Miami Heat

Net worth: $19.4 billion

Micky Arison paid $68 million to buy the Miami Heat from Billy Cunningham and Lewis Schaffel in February 1995. Arison is the chairman of the world's largest cruise operator, Carnival Corporation.

5 Stan Kroenke - Denver Nuggets

Net worth: $24.3 billion

Arsenal owner Stan Kroenke and son Josh Kroenke in the stands before the match. — Reuters/Matthew Childs

American sports tycoon Stan Kroenke, who is the largest shareholder of Premier League champions Arsenal, picked up the Denver Nuggets for $450 million in July 2000. He founded Kroenke Group in 1983, a real estate development firm known for building shopping centres and apartment buildings. They also own the Los Angeles Rams. He boasts an impressive portfolio of sports teams.

4 Robert J. Pera - Memphis Grizzlies

Net worth: $29 billion

American businessman and engineer Robert J. Pera secured the Memphis Grizzlies for $377 million. He worked at Apple before becoming the founder and CEO of Ubiquiti Inc.

3 Dan Gilbert - Cleveland Cavaliers

Net worth: $29.3 billion

In 2005, Dan Gilbert made history as he tabled a massive $375 million to acquire the Cleveland Cavaliers, which, at the time, was a record price for an NBA team. Gilbert is the co-founder and majority owner of Rocket and the founder of Rock Ventures.

2 Miriam Adelson, Patrick Dumont - Dallas Mavericks

Net worth: $40 billion

The Adelsons and Dumounts purchased 69 per cent of the Dallas Mavericks for $3.5 billion in 2023 from Mark Cuban, who is now a minority owner. Miriam Adelson and her late husband, Sheldon, founded Las Vegas Sands Corp.

1 Steve Balmer - Los Angeles Clippers

Net worth: $145 billion

Steve Ballmer is the NBA's richest owner with a staggering net worth of $145 billion. He acquired the Los Angeles Clippers for $2 billion from Donald Sterling in 2014 and has seen the California-based franchise grow into a monster franchise. Ballmer was Microsoft's CEO and his stake in the company helped him generate billions of dollars.