Net Worth: $1.1 billion Owns: Pittsburgh Pirates Robert Nutting is the sixth owner of the Pittsburgh Pirates, joining a prestigiously short line-up of owners. Nicknamed “Bottom Line Bob”, Nutting’s moniker is owing to the fact that he has a tendency to put profit first, over product differentiation. Interesting strategy – but hey, with his net worth, something’s working!
Aside from owning the Pirates, Nutting is the CEO of media and communications company, Ogden Newspapers, Inc. In addition to being a media man and the tenth-richest team owner in all of MLB, he also owns the ski resort Seven Springs Mountain Resort. Half your luck!
Alex Spanos
Net Worth: $2.4 billion Owns: LA Chargers Formerly the majority owner of the LA Chargers, the billionaire, who passed at age 95 in 2018, next up on our list is Alex Spanos. Born in 1923 in Stockton, California, the former billionaire’s family and estate control the well-known team today. Another real-estate mogul, his founding of A.G. Spanos Companies proved extremely successful, providing him with the capital to purchase the LA Chargers.
Spanos, who was in his early 60s at the time, purchased the team in 1984 – his 60% share saw him take the controlling interest, for a sweet $43.8 million. It seems pretty cheap to us, for a famous team, that is. Today, The Chargers are worth almost $2.2 billion!
Mikhail Prokhorov
Net Worth: $9.8 billion Former Owner: Brooklyn Nets The billionaire giant (standing at 6 ft 9 in.), Mikhail Prokhorov is a Russian businessman who, after working in the financial sector, went on to become one of Russia’s leading industrialists. His stakes in major multinational corporations in the precious metals sector have accrued him a serious fortune.
Born in Moscow in 1965, he ran Norilsk Nickel, which was the largest producer of palladium and nickel in the world. Playing leapfrog in a way, he used Interros to purchase Norilsk, with a share that’s worth over $7 billion. Fun fact: after he purchased the Nets, he vowed to get married if the Nets hadn’t won the NBA championship within five years. It didn’t really work out. In fact, he actually just recently sold the Nets to Joe Tsai of Ali Baba for $3.5 billion.
Will Ferrell
Net Worth: $100 million Owns: Los Angeles F.C. The stellar comedian Will Ferrell is one who you either love or can’t stand – we’re part of the former camp. The Hollywood funnyman is also a bit of a sports enthusiast – he owns Los Angeles F.C! Pretty cool to think he started out on 'Saturday Night Live' and is now a mega-famous Hollywood movie star and comedian, and even owns his own football team. Not bad at all.
Even if you don’t like Will Ferrell, it’s undeniable that you would’ve heard of one of these film titles: 'Anchorman', 'Talladega Nights', 'The Other Guys', 'Step Brothers', 'Elf', and many more. So if you want to see the guy in the flesh, head to one of the games – as a co-owner he’s bound to turn up to a few!
Patrick Dennis Bowlen
Net Worth: $1 billion Owns: Denver Broncos (NFL) Pretty cool to search yourself on Google to find your net worth is a cool $1 billion. Sadly, that’s not the case for many of us, but for Patrick Dennis Bowlen, it is. The principal of the Denver Broncos, Bowlen has been CEO of the NFL team since he purchased it in 1984. That’s a lot of history and a lot of love for Denver! He’s the committed type, clearly.
Sadly in 2014, Bowlen’s run with the Broncos came to an end. After three decades of taking the team through championship wins, including two Super Bowls and two AFC titles, his health worsened and he was no longer fit to head the operations. But he certainly went out with a bang – in 2008, he sold shares to John Elway, which sparked dispute – but hey, it was all sorted in the end.