CLEVELAND (WJW) – The Cleveland Cavaliers proprietor is among the many richest sports activities group homeowners on the planet, Forbes not too long ago revealed on a brand new checklist.
That is proper, Michigan-based Dan Gilbert is the world’s third-richest sports activities proprietor out of a listing of 20, the publish confirmed.
Forbes additionally highlighted the truth that Gilbert, co-founder of Quicken Loans, is the individual on the checklist who has made probably the most cash in a yr, which has occurred in the course of the coronavirus pandemic.
“It’s price an estimated $ 51.9 billion, a rise of virtually 700% from final yr because of the corporate he co-founded in 1985, Quicken Loans,” Forbes stated. “Now America’s largest mortgage lender, Quicken went public because the Rocket Corporations with an enormous $ 36 billion valuation in August 2020, catapulting Gilbert into the ranks of the world’s richest billionaires.”
Mukesh Ambani from India, proprietor of the Mumbai Indians cricket group, is the proprietor of a richer sports activities group with $ 85.four billion.
Learn the complete checklist of the world’s richest sports activities group homeowners 2021 right here. Web price on the Forbes checklist is compiled as of March 2021. The homeowners of Cleveland’s different skilled sports activities groups weren’t on the checklist.
The Cleveland Cavaliers basketball group completed this yr’s season by successful 22 video games.
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