To succeed in the NBA, the boss's financial investment is essential. Just like the Clippers this season, they have killed the Lakers in the same city for 4 times in the season, which has a lot to do with the generous investment of boss Balmer. And in the NBA, Balmer is also the richest boss, not one of them. Next, let's take stock of the ten richest bosses in the NBA.
TOP10: Anthony Reisler (Hawks)
Net assets: $5.7 billion
Resler, owner of the Atlanta Hawks, holds two impressive degrees: a bachelor's degree from Georgetown University and a master's degree from Columbia University. Reisler, an educated and well-informed businessman, bought the Hawks in 2015.
The Hawks are one of the most talented teams in the NBA right now, and the value of this team has increased since Reisler's purchase. In addition to the Hawks, he owns a minority stake in the Milwaukee Brewers baseball team.
TOP9: Joshua Harris, Philadelphia 76ers
In 2011, Joshua Harris bought all of comcast's stakes for just $280 million, joining forces with the second-largest shareholder, Rubin, to run the team. Harris has seen the value of the 76ers multiply over the past decade. Harris holds a master's degree from Harvard University and also holds stakes in the NFL Pittsburgh Steelers and England football team Crystal Palace Football Club.
8. Tom Gores, Detroit Pistons
Net assets: $5.9 billion
Tom Gols immigrated to the United States from Israel when he was 4 years old, and his fortune came from more than 40 companies. Gorrs holds more than $26 billion in assets at private equity firm Platinum Equity. Back in 2011, Tom Gores acquired a 100 percent stake in the Detroit Pistons. Apparently, Gorrs is a owner with a keen interest in the team, and he built a new headquarters and training center for the Pistons, worth more than $85 million. The new facility opened in 2019 and Gorres would like to see the results of his investment.
7. Mickey Allison, Miami Heat
Net assets: $6.2 billion
Mickey Allison is acting chairman and owner of Carnival, the world's largest cruise operator. Born in Tel Aviv, Israel, he immigrated to the United States with his father, who founded carnival cruises. Mickey Allison took what his father built to another level, growing his fleet to more than 100 ships.
Mitch took ownership of the Miami Heat in 1995. Since then, the team has had great success, including 3 championships and numerous iconic stars, including Dwyane Wade, LeBron James and Shaquille O'Neal.
6. Chongxin Tsai, Brooklyn Nets
Net assets: $8.4 billion
Tsai bought a 49 percent stake in the Brooklyn Nets in 2018 and another 51 percent in 2019. The Nets currently have a good team that can win championships in the future, which means that the Nets have become an excellent investment in the hands of Tsai Chongxin.
5. Ann Walton Kroenke, Nuggets
Net worth: $9.1 billion
Kroenke is not only the heir to Walmart's wealth, but also the wife of billionaire Stanley Klenk. The Kroenke family makes money by owning land, and the family reportedly owns millions of square feet of real estate in shopping malls and ranches in the United States and Canada. Kroenke's name can be found on various sports teams as well as around the world, and Ann Walton Klenk is the owner of the Denver Nuggets and NHL Colorado Avalanches.
4. Robert Perla, Memphis Grizzlies
Net assets: $14.4 billion
Robert Perla has a really good team on hand because the Memphis Grizzlies are one of the most exciting teams in the league, and they have superstar point guard Jamorant. Robert Pera was very wealthy because he founded Ubiquiti Networks, a manufacturer of wireless devices. Ubiquiti Networks will have more than $1.2 billion in revenue in 2021, which is a big reason why the Grizzlies owner is so wealthy. The self-made billionaire is also one of the youngest billionaires in the world.
3. Jody Allen, Portland Trail Blazers
Net assets: $20.3 billion
The late Paul Allen, along with Bill Gates, was known as a co-founder of Microsoft. Gates grew up as a best friend, Ellen, who was also considered intellectually superior. Paul Allen bought the Portland Trail Blazers in 1988 for about $70 million, and the value of the team has increased over the past three decades. After his death in 2018, the team now belongs to Paul's sister Jody Allen.
2. Gilbert of the Cleveland Cavaliers
Net assets: $22 billion
Dan Gilbert is one of the NBA's most iconic bosses, largely because of his relationship with superstar LeBron James. Even though Gilbert isn't the NBA's most likable character, there's no denying he's a smart businessman and accomplished boss. Gilbert is also one of the richest bosses in sports, with a net worth of about $30 billion.
1. Steve Balmer, Los Angeles Clippers
Net assets: $100 billion
Steve Balmer, the former CEO of Microsoft, is one of the richest people in the world. Balmer took over the Clippers in 2014, ushering in an exciting era of league title racing. Even though Balmer is worth more than $70 billion and has enough money for generations to come with him, it's clear that he found the ultimate excitement after his NBA game and season with the Clippers.
Of course, Balmer made money from the tech industry, and becoming CEO of Microsoft proved his ingenuity and entrepreneurial spirit. Balmer reportedly had a net worth of more than $100 billion last year, an increase of $20 billion in a year. Under Balmer's ownership, the Clippers' value increased by about $600 million, another money-making venture for the ridiculously wealthy owner.