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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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The wealthiest billionaires in Australia have been named in the Forbes billionaire ranking.
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Halle Bailey has been added to the cast of the untitled coming-of-age Universal musical that has been inspired by the childhood of music superstar Pharrell Williams.
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Money makes the world go ‘round, and in 2024, there's more money around the world than ever before. There are now a record 2,781 people on Forbes’ World’s Billionaires list, worth a record $14.2 trillion in all. They hail from 78 countries, up from 77 in 2023.<br/><br/>The U.S. remains the country with the most billionaire citizens, with 813 who are collectively worth $5.7 trillion, both records. America’s billionaire class is $1.2 trillion richer than last year, thanks in part to the 97 people who joined or re-joined the ranks this year, with notable newcomers including Taylor Swift, NBA Legend Magic Johnson and OpenAI CEO Sam Altman. Fourteen of the top 20 richest people in the world are U.S. citizens, including eight of the top ten. The richest person in the world, however, is once again France’s Bernard Arnault, CEO of luxury goods giant LVMH, who is worth an estimated $233 billion.<br/><br/>China has the second most billionaires, with 406 worth $1.3 trillion; however, that’s down from 576 people last year who were worth a total of $2 trillion. (67 Hong Kongers add another $330 billion.) A major property slump is mostly to blame, along with a stock market rout that wiped out billions for China’s ultra-rich over the past three years.<br/><br/>Read the full story on Forbes: https://www.forbes.com/sites/devinseanmartin/2024/04/02/the-countries-with-the-most-billionaires-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.
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Police arrested three men in western Sydney for alleged involvement in the sale of drugs via the dark web.
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The Federal Communications Commission is set to vote on April 25 to bring back net neutrality regulations that were first implemented during the Obama administration in 2015 and later dismantled under the Trump administration in 2017. The proposed regulations would classify broadband as a utility under Title II of the Communications Act, empowering the FCC to prevent service providers from blocking, throttling, or creating paid prioritization for internet traffic. The original 2015 net neutrality rules were upheld by a federal appeals court in 2016.
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Women occupy a small but growing slice of Forbes’ World Billionaires list. This year 369 out of 2,781 billionaires or 13.3% are women, up from 337 in 2023, when women accounted for 12.8% of the list. Together they are worth nearly $1.8 trillion, about $240 billion more than last year.<br/><br/>The world’s richest woman for the fourth consecutive year is L’Oréal heiress Françoise Bettencourt Meyers. Her fortune jumped $19 billion in the past 12 months, putting her net worth at $99.5 billion, the biggest gain of any woman on the 2024 list, but just short for her to become the first woman to crack the swelling ranks of the $100 billion club.<br/><br/>Read the full story on Forbes: https://www.forbes.com/sites/samanthakroontje/2024/04/02/the-richest-women-in-the-world-francoise_bettencourt-meyers-taylor-swift-alice-walton-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.
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The wealthiest billionaires in Australia have been named in the Forbes billionaire ranking.
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Police arrested three men in western Sydney for alleged involvement in the sale of drugs via the dark web.
⏲ 0:47 👁 1.3M
बॉलीवुड के एक खान एक्टर 5000 करोड़ की संपत्ति के मालिक हैं लेकिन अफसोस की बात ये है कि ये एक्टर अपने बच्चों को अपनी इस प्रॉपर्टी से कुछ नहीं दे सकते हैं. जानिए क्या है वजह? <br/> <br/>Khan, a Bollywood actor, is the owner of property worth Rs 5000 crores, but the sad thing is that this actor cannot give anything to his children from his property. Know what is the reason? <br/> <br/>#SaifAliKhanNotGivingSinglePennyToHischildrenReason,#SaifAliKhanPropertyControvery, #SaifAliKhanNewsToday, #SaifAliKhanSuccessor<br/>~HT.97~PR.266~ED.284~
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This girl attempted a double backflip on a trampoline with no safety net. Sadly, she lost her balance mid-air during the trick and crashed hard into a tree.
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Milwaukee Bucks guard Damian Lillard (0) makes a free throw during the first overtime of their game Tuesday March 26, 2024 at Fiserv Forum in Milwaukee, Wisconsin. The Los Angeles Lakers beat the Milwaukee Bucks 128-124 in double overtime.<br/><br/>Milwaukee Bucks guard Damian Lillard (0) scores on a fast break during the second overtime of their game Tuesday March 26, 2024 at Fiserv Forum in Milwaukee, Wisconsin. The Los Angeles Lakers beat the Milwaukee Bucks 128-124 in double overtime.<br/>Mark Hoffman/Milwaukee Journal Sentinel<br/>Milwaukee Bucks guard Damian Lillard (0) scores on Oklahoma City Thunder forward Chet Holmgren (7) during the first half of their game Sunday, March 24, 2024 at Fiserv Forum in Milwaukee, Wisconsin.<br/>Mark Hoffman/Milwaukee Journal Sentinel<br/>Milwaukee Bucks guard Damian Lillard (0) directs his teammates during the second half of their game Thursday, March 21, 2024 at Fiserv Forum in Milwaukee, Wisconsin. The Milwaukee Bucks beat the Brooklyn Nets 115-108.<br/>Mark Hoffman/Milwaukee Journal Sentinel<br/>Mar 17, 2024; Milwaukee, Wisconsin, USA; Milwaukee Bucks guard Damian Lillard (0) drives to the basket against Phoenix Suns forward Kevin Durant (35) int he first half at Fiserv Forum. Mandatory Credit: Michael McLoone-USA TODAY Sports<br/>Milwaukee Bucks guard Damian Lillard (0) drives to the hoop during the first half of their game against the Charlotte Hornets Tuesday, February 27, 2024 at Fiserv Forum in Milwaukee, Wisconsin.
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