NEW DELHI: Dependence Industries Chairman Mukesh Ambani is the world 2nd richest sports team owner. Last year, Ambani topped Forbes’ The World’s Richest Sports Team Owners 2019 list. This year, nevertheless, Ambani is ranked at second following behind Former Microsoft CEO, Steve Ballmer who owns the Los Angeles Clippers, foreign media reported.

When this list was put together, Ambani net worth was $36.8 billion. Nevertheless, ever since his net worth has increased to $52.5 billion. Steve Ballmer’s net worth at the time of list collection was $52.7 billion. Since then, it has actually surged $65.4 billion, according to Forbes real-time net worth information.

There are 60 billionaire managing owners of teams in major sports leagues all over the world who own a total of 80 teams and are jointly worth $379 billion.While assembling the list, Forbes noted that Ambani’s fortune plummeted $13 billion, to $36.8 billion, as RIL shares sunk over energy need concerns during an international economic crisis. Because of this plunge in his net worth, he was dethroned by Ballment as the world’s wealthiest sports team owner. Ambani owns cricket’s Mumbai Indians group in the Indian Premier League. He bought the team for over $100 million in 2008 through a RIL subsidiary.