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_the-richest-crypto-and-bitcoin-billionaires-in-the-world-2024.jpg "The crypto winter is over. Bitcoin has more than doubled over the past 12 months, hitting an all-time high of $73,000 in March after the U.S. legalized bitcoin-pegged exchange-traded funds. The total value of all outstanding cryptocurrencies increased by 170%, adding some $1.6 trillion in market value over the past 12 months, according to CoinGecko.<br/><br/>That’s helped make at least 17 people crypto billionaires, according to Forbes’ 2024 World’s Billionaires list, up from nine crypto billionaires last year. These 17 investors and entrepreneurs are worth a collective $93 billion, between their estimated crypto asset holdings, publicly disclosed stock holdings and private assets. That’s more than double the $37 billion in collective crypto billionaire wealth last year.<br/><br/>For the third year running, Changpeng Zhao, founder and former CEO of crypto exchange Binance, is crypto’s wealthiest person. Despite pleading guilty to U.S. money laundering charges in November, CZ, as he’s known, is now worth an estimated $33 billion, up from $10.5 billion last year. That makes him the biggest crypto gainer in dollar terms since last year and the 50th-wealthiest person in the world. The bulk of his fortune comes from his majority stake in Binance, which remains the industry’s largest global trading venue by volume.<br/><br/>Read the full story on Forbes: https://www.forbes.com/sites/johnhyatt/2024/04/02/the-richest-crypto-and-bitcoin-billionaires-in-the-world-2024/<br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.")
⏲ 4:31 👁 90.7M
_how-to-invest-in-ai-stocks.jpg "AI stocks are taking off. Here's everything you need to know before investing in this emerging technology sector.")
⏲ 5:31 👁 2M
_how-china39s-richest-billionaires-made-their-money-in-2024.jpg "As China’s stock market goes, so goes its billionaire population. And last year was not a good year for many Chinese stocks. As a result, the number of mainland Chinese billionaires on Forbes’ World’s Billionaires list fell for the third consecutive year. A total of 406 Chinese billionaires made the ranking, down from 495 a year ago and a record 626 in 2021. Continued fallout from the pandemic and geopolitical tension drove down stock prices and hurt economic growth in the world’s second largest economy. A deepening slump in the country’s property market also diminished fortunes.<br/><br/>Still, mainland China has the second largest number of billionaires globally, behind only the U.S., which has 813 billionaires this year.<br/><br/>Mainland China doesn’t include passport holders from Hong Kong or Macau, whom Forbes lists separately. Counting those billionaires, greater China has 473 members, down from 562 in 2023, 607 in 2022 and 698 in 2021.<br/><br/>The Forbes World’s Billionaires list is a snapshot of wealth using stock prices and exchange rates from March 8, 2024. Some people become richer or poorer within days of publication. We list individuals rather than multigenerational families who share fortunes, though we include wealth belonging to a billionaire’s spouse and children in certain cases, namely if that person is the founder of the fortune. For Russian billionaires, fortunes were calculated using ownership structures from February 2022, prior to Russia’s invasion of Ukraine and before many made transfers of assets to managers, friends and others in an effort to protect their holdings from sanctions. We value a variety of assets, including private companies, real estate, art and more. We don’t pretend to know each billionaire’s private balance sheet (though some provide it). When documentation isn’t supplied or available, we discount fortunes. For daily updates of net worths, go to forbes.com/real-time-billionaires.<br/><br/>Read the full story on Forbes: https://www.forbes.com/sites/russellflannery/2024/04/02/the-10-richest-chinese-billionaires-2024/?sh=7eb8b36d6b40<br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneu")
⏲ 3:36 👁 9.4M
_gwen-stefani-thinks-the-music-industry-has-become-like-39the-wild-west39.jpg "Gwen Stefani doesn't know where she currently sits in the music landscape.")
⏲ 1:23 👁 4.8M
_this-day-in-history-paul-mccartney-announces-the-breakup-of-the-beatles.jpg "This Day in History: , Paul McCartney Announces <br/>the Breakup of the Beatles.<br/>April 10, 1970.<br/>McCartney announced the breakup <br/>in a press statement prior to the release <br/>of his debut solo album, 'McCartney.'.<br/>When asked if his songwriting partnership <br/>with John Lennon would be active again, <br/>McCartney replied with a terse, \")
⏲ 0:53 👁 2.2M
_loups-garous-teaser-vf-stfr.jpg "Loups-Garous Teaser VF STFR from vf industries stock")
⏲ 1:18 👁 24.2M
_the-billionaire-who-brought-messi-to-miami.jpg "Jorge Mas made a lucrative bet on Lionel Messi and quickly transformed Inter Miami into MLS’s second billion-dollar franchise. But now the clock is ticking.<br/><br/>Read the full story on Forbes: https://www.forbes.com/sites/justinbirnbaum/2024/04/04/jorge-mas-interview-billionaire-inter-miami-owner-lionel-messi-mls/?sh=5e82fd711a11<br/><br/>0:00 Introduction<br/>0:18 Who Is Jorge Mas?<br/>1:11 Jorge And David Beckham- The Miami Deal <br/>2:45 Jorge Mas' Vision For Inter Miami<br/>5:35 The Grind: Building A Championship Club With Messi & Beckham<br/>7:23 Jorge's Expertise In Other Industries As Entrepreneur<br/>11:41 The Future Of Inter Miami<br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.")
⏲ 13:30 👁 1.1M
_insurers-response-to-2022-disaster-focus-of-hearing.jpg "The insurance industry has come under scrutiny today in Lismore over its response to the 2022 flood disaster. The inquiry into insurers is in the city to hear from local government, businesses and residents.")
⏲ 2:21 👁 1.2M
_stock-market-trends-from-q1-2024.jpg "Rob Isbitts, the founder of sungardeninvestment.com and etfyourself.com, joins “Forbes Talks” to discuss Q1 stock trends and offers advice to new investors.<br/><br/>0:00 Introduction<br/>0:23 Rob Explains Trends For Q1<br/>4:18 Future Of EFTs<br/>7:57 Stock Changes For A lot Of Major Companies: What Does It Mean?<br/>11:58 Interest Rates And Returns: Higher or Lower?<br/>14:21 Update On Dividend Stocks <br/>16:27 Are The Days Of 'Cheap' Gone<br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.")
⏲ 19:14 👁 67.1M
_qld-flood-victims-advise-inquiry-theyre-still-waiting-on-insurance-claims.jpg "Fed up and forced out of their homes, flood victims have told an inquiry they're still waiting on insurance claims after the 2022 disaster that ravaged eastern Australia. The major probe into the industry heard many families see insurance as a luxury they can no longer afford.")
⏲ 1:51 👁 2.2M
_gardeners-world-2024-episode-4.jpg "Gardeners World 2024 Episode 4 – Spring has arrived, and the gardens are awakening from their winter slumber. As the days grow longer and warmer, Adam Frost takes stock of his borders, carefully assessing the existing plants and planning for a year-round display of color and texture. With a keen eye for design, he thoughtfully considers the addition of new elements to create a harmonious and ever-changing tapestry of blooms.<br/><br/>")
⏲ 59:2 👁 15.2M
_the-world39s-5-richest-sports-team-owners.jpg "Spending money has never been an issue for Los Angeles Clippers owner Steve Ballmer. In 2014, the former Microsoft CEO bought the NBA team for a then-record $2 billion, a move that was widely seen as an overpay at the time (Forbes had most recently valued the Clippers at $575 million). This January, Ballmer shelled out more than $152 million to extend 32-year-old, All-Star forward Kawhi Leonard’s contract for another three seasons, and he is expected make similar moves with his other aging talents, Paul George, 33, and James Harden, 34. Next year, one of his crowning achievements will come to fruition, when the Clippers move into their new home, the $2 billion Intuit Dome in Inglewood, California.<br/><br/>Despite the enormous bill Ballmer has racked up in a decade of team ownership, it’s barely dented his fortune. The 68-year-old is worth an estimated $121 billion, according to Forbes’ 2024 World’s Billionaires list, up from $80.7 billion in 2023. His 50% year-over-year wealth increase, primarily due to the stellar stock performance of Microsoft, has once again made Ballmer the richest sports team owner in the world.<br/><br/>The top spot was previously held by Mukesh Ambani, who owns the Mumbai Indians cricket team through his publicly traded conglomerate Reliance Industries. (Forbes has adjusted its methodology to exclude teams owned by public companies and, therefore, their shareholders. SoftBank CEO Masayoshi Son, owner of Japanese baseball’s Fukuoka SoftBank Hawks, was left off for the same reason, as well as teams owned by giant private conglomerates, including Red Bull’s Formula 1 team and INEOS’ Manchester United and OGC Nice.)<br/><br/>Read the full story on Forbes: https://www.forbes.com/sites/justinbirnbaum/2024/04/05/the-worlds-richest-sports-team-owners-2024/?sh=3d78f3ff309f<br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.")
⏲ 3:10 👁 3.1M
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_the-richest-crypto-and-bitcoin-billionaires-in-the-world-2024.webp "The crypto winter is over. Bitcoin has more than doubled over the past 12 months, hitting an all-time high of $73,000 in March after the U.S. legalized bitcoin-pegged exchange-traded funds. The total value of all outstanding cryptocurrencies increased by 170%, adding some $1.6 trillion in market value over the past 12 months, according to CoinGecko.<br/><br/>That’s helped make at least 17 people crypto billionaires, according to Forbes’ 2024 World’s Billionaires list, up from nine crypto billionaires last year. These 17 investors and entrepreneurs are worth a collective $93 billion, between their estimated crypto asset holdings, publicly disclosed stock holdings and private assets. That’s more than double the $37 billion in collective crypto billionaire wealth last year.<br/><br/>For the third year running, Changpeng Zhao, founder and former CEO of crypto exchange Binance, is crypto’s wealthiest person. Despite pleading guilty to U.S. money laundering charges in November, CZ, as he’s known, is now worth an estimated $33 billion, up from $10.5 billion last year. That makes him the biggest crypto gainer in dollar terms since last year and the 50th-wealthiest person in the world. The bulk of his fortune comes from his majority stake in Binance, which remains the industry’s largest global trading venue by volume.<br/><br/>Read the full story on Forbes: https://www.forbes.com/sites/johnhyatt/2024/04/02/the-richest-crypto-and-bitcoin-billionaires-in-the-world-2024/<br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.")
_how-to-invest-in-ai-stocks.webp "AI stocks are taking off. Here's everything you need to know before investing in this emerging technology sector.")
_how-china39s-richest-billionaires-made-their-money-in-2024.webp "As China’s stock market goes, so goes its billionaire population. And last year was not a good year for many Chinese stocks. As a result, the number of mainland Chinese billionaires on Forbes’ World’s Billionaires list fell for the third consecutive year. A total of 406 Chinese billionaires made the ranking, down from 495 a year ago and a record 626 in 2021. Continued fallout from the pandemic and geopolitical tension drove down stock prices and hurt economic growth in the world’s second largest economy. A deepening slump in the country’s property market also diminished fortunes.<br/><br/>Still, mainland China has the second largest number of billionaires globally, behind only the U.S., which has 813 billionaires this year.<br/><br/>Mainland China doesn’t include passport holders from Hong Kong or Macau, whom Forbes lists separately. Counting those billionaires, greater China has 473 members, down from 562 in 2023, 607 in 2022 and 698 in 2021.<br/><br/>The Forbes World’s Billionaires list is a snapshot of wealth using stock prices and exchange rates from March 8, 2024. Some people become richer or poorer within days of publication. We list individuals rather than multigenerational families who share fortunes, though we include wealth belonging to a billionaire’s spouse and children in certain cases, namely if that person is the founder of the fortune. For Russian billionaires, fortunes were calculated using ownership structures from February 2022, prior to Russia’s invasion of Ukraine and before many made transfers of assets to managers, friends and others in an effort to protect their holdings from sanctions. We value a variety of assets, including private companies, real estate, art and more. We don’t pretend to know each billionaire’s private balance sheet (though some provide it). When documentation isn’t supplied or available, we discount fortunes. For daily updates of net worths, go to forbes.com/real-time-billionaires.<br/><br/>Read the full story on Forbes: https://www.forbes.com/sites/russellflannery/2024/04/02/the-10-richest-chinese-billionaires-2024/?sh=7eb8b36d6b40<br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneu")
_gwen-stefani-thinks-the-music-industry-has-become-like-39the-wild-west39.webp "Gwen Stefani doesn't know where she currently sits in the music landscape.")
_this-day-in-history-paul-mccartney-announces-the-breakup-of-the-beatles.webp "This Day in History: , Paul McCartney Announces <br/>the Breakup of the Beatles.<br/>April 10, 1970.<br/>McCartney announced the breakup <br/>in a press statement prior to the release <br/>of his debut solo album, 'McCartney.'.<br/>When asked if his songwriting partnership <br/>with John Lennon would be active again, <br/>McCartney replied with a terse, \")
_loups-garous-teaser-vf-stfr.webp "Loups-Garous Teaser VF STFR from vf industries stock")
_the-billionaire-who-brought-messi-to-miami.webp "Jorge Mas made a lucrative bet on Lionel Messi and quickly transformed Inter Miami into MLS’s second billion-dollar franchise. But now the clock is ticking.<br/><br/>Read the full story on Forbes: https://www.forbes.com/sites/justinbirnbaum/2024/04/04/jorge-mas-interview-billionaire-inter-miami-owner-lionel-messi-mls/?sh=5e82fd711a11<br/><br/>0:00 Introduction<br/>0:18 Who Is Jorge Mas?<br/>1:11 Jorge And David Beckham- The Miami Deal <br/>2:45 Jorge Mas' Vision For Inter Miami<br/>5:35 The Grind: Building A Championship Club With Messi & Beckham<br/>7:23 Jorge's Expertise In Other Industries As Entrepreneur<br/>11:41 The Future Of Inter Miami<br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.")
_insurers-response-to-2022-disaster-focus-of-hearing.webp "The insurance industry has come under scrutiny today in Lismore over its response to the 2022 flood disaster. The inquiry into insurers is in the city to hear from local government, businesses and residents.")
_stock-market-trends-from-q1-2024.webp "Rob Isbitts, the founder of sungardeninvestment.com and etfyourself.com, joins “Forbes Talks” to discuss Q1 stock trends and offers advice to new investors.<br/><br/>0:00 Introduction<br/>0:23 Rob Explains Trends For Q1<br/>4:18 Future Of EFTs<br/>7:57 Stock Changes For A lot Of Major Companies: What Does It Mean?<br/>11:58 Interest Rates And Returns: Higher or Lower?<br/>14:21 Update On Dividend Stocks <br/>16:27 Are The Days Of 'Cheap' Gone<br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.")
_qld-flood-victims-advise-inquiry-theyre-still-waiting-on-insurance-claims.webp "Fed up and forced out of their homes, flood victims have told an inquiry they're still waiting on insurance claims after the 2022 disaster that ravaged eastern Australia. The major probe into the industry heard many families see insurance as a luxury they can no longer afford.")
_gardeners-world-2024-episode-4.webp "Gardeners World 2024 Episode 4 – Spring has arrived, and the gardens are awakening from their winter slumber. As the days grow longer and warmer, Adam Frost takes stock of his borders, carefully assessing the existing plants and planning for a year-round display of color and texture. With a keen eye for design, he thoughtfully considers the addition of new elements to create a harmonious and ever-changing tapestry of blooms.<br/><br/>")
_the-world39s-5-richest-sports-team-owners.webp "Spending money has never been an issue for Los Angeles Clippers owner Steve Ballmer. In 2014, the former Microsoft CEO bought the NBA team for a then-record $2 billion, a move that was widely seen as an overpay at the time (Forbes had most recently valued the Clippers at $575 million). This January, Ballmer shelled out more than $152 million to extend 32-year-old, All-Star forward Kawhi Leonard’s contract for another three seasons, and he is expected make similar moves with his other aging talents, Paul George, 33, and James Harden, 34. Next year, one of his crowning achievements will come to fruition, when the Clippers move into their new home, the $2 billion Intuit Dome in Inglewood, California.<br/><br/>Despite the enormous bill Ballmer has racked up in a decade of team ownership, it’s barely dented his fortune. The 68-year-old is worth an estimated $121 billion, according to Forbes’ 2024 World’s Billionaires list, up from $80.7 billion in 2023. His 50% year-over-year wealth increase, primarily due to the stellar stock performance of Microsoft, has once again made Ballmer the richest sports team owner in the world.<br/><br/>The top spot was previously held by Mukesh Ambani, who owns the Mumbai Indians cricket team through his publicly traded conglomerate Reliance Industries. (Forbes has adjusted its methodology to exclude teams owned by public companies and, therefore, their shareholders. SoftBank CEO Masayoshi Son, owner of Japanese baseball’s Fukuoka SoftBank Hawks, was left off for the same reason, as well as teams owned by giant private conglomerates, including Red Bull’s Formula 1 team and INEOS’ Manchester United and OGC Nice.)<br/><br/>Read the full story on Forbes: https://www.forbes.com/sites/justinbirnbaum/2024/04/05/the-worlds-richest-sports-team-owners-2024/?sh=3d78f3ff309f<br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.")
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