– According to Forbes, 2023 Mukesh Ambani has been recognized as the richest sports team owner in the world.

– The Indian billionaire owns the Indian Premier League’s Mumbai Indians worth $1.3 billion.

– Ambani has reclaimed the top spot from Los Angeles Clippers owner Steve Ballmer with a net worth of $80.7 billion.

– Reliance has recently purchased a franchise in the inaugural Women’s Premier League and owns cricket teams in South Africa and UAE.

– India has the third-highest number of billionaires in the world after US and China