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Fourteen NBA owners on Forbes 400 richest Americans list

Sep 16, 2013, 12:47 PM EDT

1217_nba-paul-allen-trail-blazers Getty Images

If you’re part of the one percent, an NBA team can make a nice toy.

At least it seems that way after Forbes released its list of the 400 richest Americans on Monday and the list contains 14 NBA owners, something pointed out by Darren Rovell of ESPN. By the way, to answer your first question it is still Bill Gates. As it has been for two decades now.

At the top of the list of wealthy NBA team owners Microsoft co-founder Paul Allen, who owns the Trail Blazers (as well as the Seattle Seahawks of the NFL) and is worth $15.8 billion.

The other owners on the list are: Richard DeVos (Orlando Magic, $6.3 billion), Micky Arison (Miami Heat, $5.9 billion), Stan Kroenke (Denver Nuggets, $5.3 billion), Dan Gilbert (Cleveland Cavaliers, $3.9 billion), Charles Dolan (New York Knicks, $3.3 billion), Tom Gores (Detroit Pistons, $2.7 billion), Mark Cuban (Dallas Mavericks $2.5 billion), Josh Harris (Philadelphia 76ers, $2.5 billion), Robert Pera (Memphis Grizzlies, $1.95 billion), Herb Simon (Indiana Pacers, $1.95 billion), Donald Sterling (Los Angeles Clippers, $1.9 billion), Glen Taylor (Minnesota Timberwolves, $1.7 billion), and Tom Benson (New Orleans Pelicans, $1.3 billion).

Because this is a list of Americans Nets owner Mikhail Prokhorov is not on it. However, if he were he would still be second to Allen, Forbes has estimated Prokhorov’s wealth at $13.5 billion. He’s just more willing to spend it on the luxury tax than anyone else.

Interesting note: Phil Knight, the chairman of Nike and one of the more powerful figures in NBA circles because of his shoes, is richer than any NBA owner. Knight is worth $16.3 billion, according to Forbes. It’s gotta be the shoes! (Also, that is really good news for University of Oregon athletics.)

  1. elwaysagenius - Sep 16, 2013 at 1:44 PM

    Only list where Dan Gilbert is top 5 without LeBron

  2. katra2logic - Sep 16, 2013 at 2:33 PM

    And yet these same owners will all tell you they are losing money and need to shut down Sport ‘x’ (NBA, MLB, NFL, NHL, pick one/all). Can you spell LIAR(s). I knew you could…

  3. asimonetti88 - Sep 16, 2013 at 3:10 PM

    Donald Sterling is worth $1.9 billion? Who knew that being a racist slum lord paid so well? With all that money, it makes him buying away a property for a homeless shelter for his own real-estate purposes even more despicable.

  4. tms1983 - Sep 16, 2013 at 3:57 PM

    nevermind I got that number off of an old list. I guess while the Rockets have done well, Mr. Alexander’s other investments haven’t returned as much and he is apparently not worth much more than the value of the Rockets franchise.

  5. stayhigh_247 - Sep 16, 2013 at 6:11 PM

    I thought the Buss family and Jerry Reinsdorf would have been on the list too.

    • asimonetti88 - Sep 16, 2013 at 6:37 PM

      The Buss family actually does not have a lot of money outside of the Lakers (at least in comparison to other NBA owners, not to normal people). One of the Lakers’ other owners, Phil Anschutz, is a multibillionaire however. He also owns the Staples Center, Los Angeles Galaxy, Los Angeles Kings, and many other stadiums and arenas around the world.

    • ghelton03 - Sep 16, 2013 at 9:34 PM

      Consider how much the Buss family bought the Lakers for and what the Lakers are worth today. The Buss family has made a fortune in the NBA. Most of the other owners made their fortunes elsewhere, then just complain that they are not making enough money in the NBA.

      • beach305 - Sep 16, 2013 at 9:56 PM

        He made is fortune in real estate, but bought the Lakers decades ago when the price was cheap.He is one of the oldest tenure owners. It also helps to have a nice TV deal in the 2nd biggest market

  6. ghelton03 - Sep 16, 2013 at 9:20 PM

    Great article and information. Obviously, players are making way too much money and more should go to the owners.

  7. beach305 - Sep 16, 2013 at 9:44 PM

    Richard DeVos (Orlando Magic, $6.3 billion)

    Just goes to show you that crime does pay. His whole business plan is to sell desperate people into a worthless MLM scheme while at the same time hiding behind a religion.

    • badintent - Sep 17, 2013 at 12:33 AM

      Herbalife 2 !!! Mark went to jail for some insider trader dealing. couldn’t live on $300 million. Karma is a beeeeeeeeeeeetch

  8. derpyd - Sep 16, 2013 at 10:58 PM

    *James Dolan

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