Where America’s Richest Billionaires Live: The Top States for Extreme Wealth In 2025


Join Forbes staff writer Giacomo Tognini as he sits down with staff writer Justin Birnbaum to uncover the staggering financial forces behind today’s skyrocketing sports team valuations. From record-breaking media rights to the strong desire among ultra-high-net-worth individuals to own professional sports teams, find out why owning a major sports franchise is now more elite than ever. Will this unprecedented growth ever stop?

0:00 – Billionaire News
1:20 – Interview Introduction
2:15 – America’s Richest Sports Owners
4:14 – The Los Angeles Clippers and Their Value
6:32 – Sports Team Valuation Trends
8:45 – Minority vs. Majority Team Transactions
11:26 – A Sports League-by-League Breakdown
13:37 – Growth in Other Sports Leagues
17:06 – The Rise of Private Equity in Sports
21:22 – The Colts and Family Ownership
24:41 – Family Ownership Across Sports
26:57 – Roger Federer and Billionaire Athletes
29:10 – What’s Next for Sports Team Valuations
31:23 – Conclusion

To read more about America’s Richest Sports Team Owners: https://www.forbes.com/sites/justinbirnbaum/2025/09/09/americas-richest-sports-team-owners-2025/

To read more about The New Billionaire Owners of the Indianapolis Colts: https://www.forbes.com/sites/justinbirnbaum/2025/09/07/meet-the-new-billionaire-owners-of-the-indianapolis-colts/

To read more about Pop Mart and Labubus: https://www.forbes.com/sites/ywang/2025/09/15/pop-mart-founder-wang-nings-net-worth-drops-6-billion-as-labubu-demand-cools/

To read more about Larry Ellison and Oracle: https://www.forbes.com/sites/phoebeliu/2025/09/10/larry-ellisons-100-billion-morning-is-not-just-driven-by-oracles-share-jump/

To read more about Elon Musk and Tesla: https://www.forbes.com/sites/siladityaray/2025/09/05/tesla-proposes-compensation-plan-for-musk-that-could-be-worth-as-much-as-1-trillion/

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