SBD/Issue 132/Sports Industrialists

Forbes' Billionaire List Contains 30% Fewer Names This Year

Forbes has released its annual list of the world's billionaires, with 793 people making the list this year, a 30% decline from 1,125 last year, according to Kroll, Miller & Serafin of FORBES.com. There were 373 individuals who fell off the list from last year, 353 due to "declining fortunes and 18 who died." Thirty-eight newcomers made this year's list, "plus three moguls who returned to the list after regaining their 10-figure fortunes." The drop marks the first time since '03 "that the world has had a net loss in the number of billionaires." The collective net worth of the billionaires is $2.4 trillion, down $2 trillion from a year ago, while their average net worth fell 23% to $3B. Kroll, Miller & Serafin note there are 28 American billionaire hedge fund managers this year as opposed to 39 last year, while 12 American private equity tycoons lost their billionaire status (FORBES, 3/30 issue). Among those dropping off the Forbes billionaire list are Browns and EPL club Aston Villa Owner Randy Lerner, Pacers co-Owner Herb Simon, EPL club West Ham United Owner Bjorgolfur Gudmundsson, Thunder Investors Tom Ward and Aubrey McClendon, Penske Racing Owner Roger Penske, SMI Chair Bruton Smith, UFC Owners Lorenzo and Frank Fertitta and DeBartolo Sports & Entertainment Chair Eddie DeBartolo. Making the list this year for the first time are Eagles Owner Jeffrey Lurie and Colts Owner Jim Irsay. Astros Owner Drayton McLane returns to the list this year (THE DAILY).

TOP FORBES GLOBAL BILLIONAIRES WITH SPORTS INTERESTS
'08 RK
'07 RK
NAME
'08 (Billions)
'07 (Billions)
SPORTS INTEREST
2
1
Warren Buffett
$37.0
$62.0
PCL Triple-A Omaha Royals stakeholder
4
14
Larry Ellison
$22.5
$25.0
Oracle Racing CEO (America's Cup)
8
4
Lakshmi Mittal
$19.3
$45.0
Football Championship League club Queens Park Rangers co-Owner
32
41
Paul Allen
$10.5
$16.0
Seahawks & Trail Blazers Owner; MLS Sounders FC stakeholder
51
15
Roman Abramovich
$8.5
$23.5
EPL club Chelsea Owner
52
75
Ernesto Bertarelli
$8.2
$10.3
Team Alinghi Owner (America's Cup)
53
73
Phil Knight
$8.2
$10.4
Nike Chair
70
90
Silvio Berlusconi
$6.5
$9.4
Serie A club AC Milan Owner
98
125
Philip Anschutz
$5.0
$7.4
AEG Chair; MLS Galaxy & NHL Kings Owner; Lakers stakeholder
104
N/R
Mansour bin Zayed al Nahayan
$4.9
N/R
EPL club Manchester City Owner
119
288
Rich DeVos
$4.4
$3.7
Magic Owner
122
149
Leonid Fedun
$4.3
$6.4
Russian Premier League club FC Spartak Moscow Owner
124
158
Robert Rowling
$4.2
$6.2
Gold's Gym Owner
132
127
John Menard
$4.0
$7.3
IRL Team Owner
132
109
Rupert Murdoch
$4.0
$8.3
News Corp. Chair & CEO
146
87
Charles Ergen
$3.9
$9.5
EchoStar Chair & CEO
151
288
Bernie Ecclestone
$3.7
$3.7
F1 Management Chair; Football Championship League club Queens Park Rangers co-Owner
151
260
Dietrich Mateschitz
$3.7
$4.0
MLS Red Bulls, Austrian Bundesliga club Red Bull Salzburg, F1 teams Scudiera Toro Rosso and Team Red Bull, NASCAR Team Red Bull Owner
151
201
Masayoshi Son
$3.7
$5.1
Japan Pacific League Fukuoka SoftBank Hawks Owner
191
462
Ted Lerner
$3.2
$2.5
Nationals Owner
191
227
Stephen Ross
$3.2
$4.5
Dolphins Owner
191
222
Lester Crown
$3.2
$4.6
Bulls & Yankees stakeholder

FLYING HIGH: Lurie said making the list was "meaningless because I don't have any plans to sell the team, and it's worth zero until you sell it." Lurie: "Obviously, the NFL delivers a very successful product, and that's why it has been valuable" (PHILADELPHIA INQUIRER, 3/26).

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