Menu
Finance

Arsenal Shareholder Usmanov Tops Sunday Times Rich List, Roman Abramovich Fifth

Britain "is now the home of nearly 10 times as many billionaires" as were featured in the first Sunday Times Rich List published in '89, according to Philip Beresford of the SUNDAY TIMES. This year's list was topped by Russian tycoon and Premier League Arsenal major shareholder Alisher Usmanov. Usmanov "has seen his fortune rise" by just less than £1B ($1.5B) in the past year to £13.3B ($20.2B), "buoyed by the strong performance of his London-listed MegaFon mobile phone business and his stake in the iron ore mining giant, Metalloinvest." With homes in London and the home counties and a 29% holding in Arsenal -- "one of his smallest but best known investments" -- Usmanov "seems intent on strengthening his British links." Arsenal fans "will hope Usmanov might some day galvanise the fortunes of their club in the way that fellow Russian Roman Abramovich has transformed Chelsea." Abramovich slipped to fifth place in this year's list, with £9.3B ($14.1B) down £200M ($305M) from last year. Other notable people with investments in sports include F1 CEO Bernie Ecclestone, who fell three spots to No. 26. Ecclestone's fortune is worth £2.5B ($3.8B). Premier League Newcastle United Owner and retailer Sports Direct Founder Mike Ashley rose five spots to No. 31. Ashley's worth is valued at £2.3B ($3.5B). Usmanov's partner at Arsenal Farhad Moshiri rose from No. 127 to No. 41. Moshiri saw his fortune increase by £1.2B ($1.8B) to £1.8B ($2.7B) (SUNDAY TIMES, 4/21). For the Sunday Times' complete list, click here.

SBJ Morning Buzzcast: March 25, 2024

NFL meeting preview; MLB's opening week ad effort and remembering Peter Angelos.

Big Get Jay Wright, March Madness is upon us and ESPN locks up CFP

On this week’s pod, our Big Get is CBS Sports college basketball analyst Jay Wright. The NCAA Championship-winning coach shares his insight with SBJ’s Austin Karp on key hoops issues and why being well dressed is an important part of his success. Also on the show, Poynter Institute senior writer Tom Jones shares who he has up and who is down in sports media. Later, SBJ’s Ben Portnoy talks the latest on ESPN’s CFP extension and who CBS, TNT Sports and ESPN need to make deep runs in the men’s and women's NCAA basketball tournaments.

SBJ I Factor: Nana-Yaw Asamoah

SBJ I Factor features an interview with AMB Sports and Entertainment Chief Commercial Office Nana-Yaw Asamoah. Asamoah, who moved over to AMBSE last year after 14 years at the NFL, talks with SBJ’s Ben Fischer about how his role model parents and older sisters pushed him to shrive, how the power of lifelong learning fuels successful people, and why AMBSE was an opportunity he could not pass up. Asamoah is 2021 SBJ Forty Under 40 honoree. SBJ I Factor is a monthly podcast offering interviews with sports executives who have been recipients of one of the magazine’s awards.

Shareable URL copied to clipboard!

https://www.sportsbusinessjournal.com/Global/Issues/2013/04/22/Finance/Rich-List.aspx

Sorry, something went wrong with the copy but here is the link for you.

https://www.sportsbusinessjournal.com/Global/Issues/2013/04/22/Finance/Rich-List.aspx

CLOSE