20 Richest Owners of Sports Teams

14. Richard DeVos & family: $5.4 billion (Orlando Magic)

Richard DeVos was the co-founder of Amway which is a multi-level marketing company used to sell home care products. DeVos bought the Orlando Magic in 1991 for $85 million. DeVos just passed away in September of 2018, so the Magic are now owned and operated by his children.