The 10 Most Successful Nba Owners

It doesn’t hurt that both the Nets and the Knicks play in New York City. Major metro area owners fare well in the NBA. The top six most successful owners are from the five largest cities in the U.S. – New York, Chicago, Los Angeles, Houston, and Dallas. Being in a major market means owners have the best chance of capitalizing on the recent boom in the value of NBA teams – even when their teams’ performance on the court hasn’t fared well. And, of course, being in a major city means there are more people to fill the seats in the stadium.  Owning any NBA team over the last five years has been a solid investment. The most successful owners in that time have seen their investments grow by more than 20% annually. For comparison, the growth of the S&P 500 over the same time period has been just 8.1% per year. The list of the 10 most successful NBA owners below features the highest annual returns for team owners who have owned their teams for at least the past five years. Personal Net Worth: $17.1 billion Team: Portland Trail Blazers Team Value: $975 million 5-Year Annual Return: 22.3% Personal Net Worth: $6.2 billion Team: Miami Heat Team Value: $1.3 billion 5-Year Annual Return: 25.1% Personal Net Worth: $4.2 billion Team: Cleveland Cavaliers Team Value: $1.1 billion 5-Year Annual Return: 25.4% Personal Net Worth:$2.4 billion Team: Indiana Pacers Team Value: $840 million 5-Year Annual Return: 25.6% Personal Net Worth: $2.7 billion Team: Dallas Mavericks Team Value: $1.4 billion 5-Year Annual Return: 26.2% Personal Net Worth: $1.2 billion Team: Houston Rockets Team Value: $1.5 billion 5-Year Annual Return: 27.6% Jeanie Buss Net Worth: $20 million Team: Los Angeles Lakers Team Value: $2.7 billion 5-Year Annual Return: 33.2% Personal Net Worth:$350 million Team: Chicago Bulls Team Value: $2.3 billion 5-Year Annual Return: 35.1% James Dolan Net Worth: $1.5 billoon Team: New York Knicks Team Value: $3 billion 5-Year Annual Return: 35.6% Personal Net Worth: $11 billion Team: Brooklyn Nets Team Value: $1.7 billion 5-Year Annual Return: 40.4%