20 Richest Owners of Sports Teams

12. Daniel Gilbert: $5.7 billion (Cleveland Cavaliers)

Daniel Gilbert is most known for his poor handling of LeBron James’ departure in 2010, when he wrote a letter condemning his decision. Gilbert made his money as the founder of Quicken Loans and took over as the Cavaliers owner back in 2005. Gilbert is one of the more hands-on owners in the NBA.