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The 10 Most Notable New Billionaires Of 2019

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They come from every corner of the world—Austria and Slovakia to Australia and Vietnam—having made their fortunes in every venture imaginable: music and makeup, software and sweaters. In all, 195 fresh faces joined the world’s billionaire ranks this year. Here are 10 of the most exceptional.


one of eight children, Steward milked cows and slopped hogs on the family farm before school every day while his dad worked as a mechanic, trash collector and janitor to make ends meet. After graduating from Central Missouri State University, he sent out 400 resumes over three years before landing his “dream” job as a salesman at Missouri Pacific Railroad Company.

He cofounded IT provider World Wide Technology in 1990, which counts companies like Citi, Verizon and the federal government among its customers. His 59% stake in the $11.2 billion (sales) company, making him one of the richest African-Americans in the country. “I hope what this represents is that all things are possible,” Steward says, a lifelong jazz lover who donated $1.3 million to the University of Missouri-St. Louis in 2018 to create a jazz studies program. “We still live in the greatest country in the world, and God blesses persons of color too.”

After making his fortune in retail, Hang is now focusing on politics, too. In the run-up to Brazil’s October 2018 presidential election, he urged his 2 million Facebook followers to back far-right candidate Jair Bolsonaro, who ultimately won by a ten-point margin. (Hang went as far as threatening to leave the country if Bolsonaro’s leftist opponent, Fernando Haddad, won the race.)

Even after the election, he has continued to post live videos of himself on social media almost daily. One recent posting showed him celebrating former president Luiz Inácio Lula da Silva’s corruption conviction by dancing poolside to fireworks.

Outside of politics, Hang’s stores are thriving. Havan, the department store chain he cofounded at 24, generated a record $1.2 billion in 2017 sales, up 40% over the prior year. One ingredient in that success: “Always hire happy people; leave the unhappy ones to the competition,” Hang says.

The dermatologists have tapped into the lucrative skin care market with their multilevel marketing firm Rodan + Fields, which boasts $1.5 billion in sales and 300,000 independent “consultants” selling anti-aging creams and more. In February, they launched a new teen acne line, a throwback to their first claim to fame, acne product Proactiv.

The brand took off when the doctors created a licensing deal with infomercial company Guthy-Renker in 1995 to sell their regimen through television advertisements featuring celebrities like Jessica Simpson. The doctors sold their royalty rights in 2016, and now their full attention is on Rodan + Fields. Their goal, Rodan says, is help as many people as possible have “life-changing skin.”

An English major who reluctantly took over his grandfather’s small outerwear company in 2001, Reiss has created the “it” coat of the decade. The Canada Goose CEO marketed his down-filled jackets by giving freebies to people who spent a lot of time in the cold: Bouncers outside of nightclubs, polar explorers and attendees of cold-weather film festivals like the ones in Sundance and Toronto.

His $1,000-plus parkas are now fashion statements, staples on the streets of London, New York and Tokyo and have a strong celebrity following, including Jennifer Lopez, Hugh Jackman and Daniel Craig. The stock has climbed threefold since its public debut two years ago; sales rose 46% to $450 million in 2018. Reiss, 45, has kept manufacturing at home as other companies moved offshore: “Making a Canada Goose parka in Canada is like making a Swiss watch in Switzerland.”

She’s just the second woman in Russian to become a billionaire and joins the ranks of the world’s wealthiest thanks to the success of her e-commerce company, Wildberries, which had $1.9 billion in revenue last year. She started the business in 2004 at age 28 in her Moscow apartment while on maternity leave from teaching. She realized how difficult it was for her and other young mothers to shop for clothes for themselves with a newborn at home. Her husband, Vladislav, an IT technician, soon joined her to help grow the business. Today Wildberries sells 15,000 brands of clothing, household products and other items and processes roughly 400,000 orders a day from 2 million daily visitors in Russia, Kazakhstan, Armenia and Kyrgyzstan.

In twenty years at Oracle, Catz, a former investment banker and now the company’s co-CEO, is often credited with leading Oracle’s aggressive acquisition strategy, including two hostile takeovers. In January 2005, Oracle acquired competitor PeopleSoft after an 18-month pursuit for $11 billion, more than double its original unsolicited bid.Three years later in April 2008, it acquired BEA Systems for $8.5 billion, a deal that also involved Carl Icahn, the billionaire corporate raider who was a BEA shareholder and pushed BEA to do the deal with Oracle. “I can’t really speak about [working with Icahn] in open session,” Catz said at a May 2019 commencement speech at the Wharton School. “It would be unladylike.”

Born to two Iraqi parents who came to Israel as refugees, Fattal began working in hotels at age 23 as a receptionist. He toiled in other jobs—bellhop, security guard, salesman—before founding his own hotel company in 1999. “From the day I went into the hotel industry, I fell in love with it,” he says. “There is a glamour to it.”

Starting a business just then in Israel would prove exceptionally tough, especially for a tourism-based one like Fattal’s. The Second Intifada conflict with the Palenstinains began in 2000 and lasted for several years. Fattal, however, thrived by targeting local, rather than international, tourists and by persuading hotel owners to switch from global brands to his more affordable one.

Today, Fattal Hotels, which went public in February 2019, owns and operates 40 locations in Israel and the Leonardo Hotels in Europe. “When you’re approaching the guests, it’s like you are on a stage. You have to be courteous, and I just always felt it was my job to maintain the atmosphere for happy people.”

At 21, Jenner is the youngest-ever self-made billionaire, earning a ten-figure fortune even earlier than Mark Zuckerberg (who joined the billionaires list at 23 in 2008). “I didn’t expect anything—I did not foresee the future,” Jenner says. “But [the recognition] feels really good. That’s a nice pat on the back.” She owns 100% of Kylie Cosmetics, the three-year-old beauty business that did an estimated $360 million in sales last year. Most of the company’s revenue comes from e-commerce. But Kylie Cosmetics also has a new deal with Ulta that put its goods in all the makeup retailer’s 1,163 U.S. stores, “so people that would never buy my products—or that aren’t my fans—can see them in person.”

A successful IPO last year was music to Ek’s ears. Spotify, the music-streaming service he founded 13 years ago, now has a $24 billion market cap. It still hasn’t had a profitable year, though; its focus is squarely on funneling cash into acquisitions. In February it announced a $340 million purchase of podcast companies Gimlet Media and Anchor FM. Ek founded Spotify in 2006 but before that, he found himself adrift as a self-made millionaire in his 20s—clubbing, driving a cherry-red Ferrari Modena—after an early stint at another Swedish tech company. “I was deeply uncertain of who I was and who I wanted to be,” Ek said in 2012. “I really thought I wanted to be a much cooler guy than what I was.”

I never intended to get this far,” said Kenny Park, whose father owned a fishing company. But he has stitched together a fortune making handbags and accessories for U.S. brands such as Michael Kors, Coach, Mark Jacobs and Alexander Wang. His Simone Accessories, named after his wife and 62% owned by Park and his family, makes some 30 million handbags, purses and wallets a year in its factories in Vietnam, Cambodia, Indonesia and China.

His big break came in 1987 after he flew from Seoul to New York City with a sample bag. He pitched Donna Karan executives an offer to supply bags for almost 30% less than what they were paying their European suppliers, but with one caveat: a “Made in Korea” label. Reluctant at first, Donna Karan agreed to a trial order and by the next year was a key customer, one he still supplies today.

-Luisa Kroll; Forbes Staff

READ MORE | More Than A Dozen European Billionaires—Linked To BMW, L’Oréal, Bosch—Have Families With Past Nazi Ties

The World’s Most Generous Billionaires Outside Of The US

Fewer Billionaires, Poorer Billionaires On African Continent In 2019

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The Highest-Paid Actors 2019: Dwayne Johnson, Bradley Cooper And Chris Hemsworth

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A bankable leading man is still one of Hollywood’s surest bets, even if your name isn’t Leonardo DiCaprio. While the lucrative twenty-twenty deal ($20 million upfront and 20% of gross profit) doled out to the likes of Harrison Ford and Tom Cruise may be more or less gone, Hollywood still has its big-money brands, those actors who can promise an audience so big that they command not only an eight-figure salary to show up on set but also a decent chunk of a film’s nebulous “pool”—or the money left over after some but not all of the bills are paid. 

Dwayne Johnson, also known as the Rock, tops the Forbes list of the world’s ten highest-paid actors, collecting $89.4 million between June 1, 2018, and June 1, 2019.

READ MORE | Marvel Money: How Six Avengers Made $340 Million Last Year

“It has to be audience first. What does the audience want, and what is the best scenario that we can create that will send them home happy?” Johnson told Forbes in 2018.

It seems he makes the audience happy. Johnson has landed a pay formula as close to the famed twenty-twenty deal of yore as any star can get these days. He’ll collect an upfront salary of up to $23.5 million—his highest quote yet—for the forthcoming Jumanji: The Next Level.

He also commands up to 15% of the pool from high-grossing franchise movies, including Jumanji: Welcome to the Jungle, which had a worldwide box office of $962.1 million. And he is paid $700,000 per episode for HBO’s Ballers and seven figures in royalties for his line of clothing, shoes and headphones with Under Armour.

READ MORE | ‘Black Panther’: All The Box Office Records It Broke (And Almost Broke) In Its $235M Debut

While Johnson’s deal is the biggest in the business right now, he’s not the only one with a lucrative deal. Robert Downey Jr. gets $20 million upfront and nearly 8% of the pool for his role as Iron Man, and that amounted to about $55 million for his work in Avengers: Endgame, which grossed $2.796 billion at the box office. 

That gross was so big that it secured spots on this year’s top-earner list for Chris Hemsworth, Bradley Cooper and Paul Rudd, in addition to Downey; together, they earned $284 million, with most of that coming from the franchise. 

“Celebrities such as Downey and (Scarlett) Johansson currently have extreme leverage to demand enormous compensation packages from studios investing hundreds of millions of dollars in making tent-pole films, such as The Avengers series,” entertainment lawyer David Chidekel of Early Sullivan Wright Gizer & McRae told Forbes. 

READ MORE | Worldwide Box Office, The Best It’s Ever Been

Cooper is the rare actor who can thank a bet on himself for his 2019 ranking. The actor earned only about 10% of his $57 million payday for voicing Rocket Raccoon in Avengers. 

Seventy percent came from A Star Is Born, the smaller musical drama that he directed, produced, cowrote and starred in with Lady Gaga. The movie was a passion project for Cooper, and he forfeited any upfront salary to go into the film and Gaga’s salary. It paid off—the movie, which had a production budget of only $36 million, grossed $435 million worldwide, leaving Cooper with an estimated $40 million. 

The full list is below. Earnings estimates are based on data from Nielsen, ComScore, Box Office Mojo and IMDB, as well as interviews with industry insiders. All figures are pretax; fees for agents, managers and lawyers (generally 10%, 15% and 5%, respectively) are not deducted.

The World’s Highest-Paid Actors Of 2019

10. Will Smith

Earnings: $35 million

9. Paul Rudd

Earnings: $41 million

8. Chris Evans

Earnings: $43.5 million

6. Adam Sandler (tie)

Earnings: $57 million

6. Bradley Cooper (tie)

Earnings: $57 million

5. Jackie Chan

Earnings: $58 million

4. Akshay Kumar

Earnings: $65 million

3. Robert Downey Jr.

Earnings: $66 million

2. Chris Hemsworth

Earnings: $76.4 million

1. Dwayne Johnson

-Madeline Berg; Forbes

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Comedian Jim Gaffigan Rakes In $30 Million By Ditching Netflix And Betting On Himself

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Gripping a lukewarm Heineken, Jim Gaffigan hunches his six-foot-one frame over a peeling table in the green room of the An Grianán Theatre in Letterkenny, Ireland. Summer nights are never terribly hot in these parts, but this one is warm enough to need some air conditioning, which the theater almost never uses. It’s hardly a glamorous moment. But then again, glamour isn’t really his thing.

“There’s nothing sexy about Jim Gaffigan,” he says, sweat dotting his brow. “I’m not young. I don’t have a full head of hair. I’m out of shape. I don’t talk about having dinner with Kanye.”

Fortunately for him, he is funny. Just ask the more than 300,000 people in 15 countries who’ve paid an average of $56 to see his latest routine. For the 53-year-old father of five, it’s been a grueling schedule: more than 75 cities in the past year, including whistle-stops like Letterkenny, a northern community of 20,000 that was once lauded as the Republic’s “tidiest town.”

READ MORE | Trevor Noah Is Laughing All The Way To The Bank

They may not offer much sizzle, but places like this are the lifeblood of Gaffigan’s business. He has raked in $30 million this year, putting him at No. 3 on Forbes’ list of the highest-earning stand-up comedians. Half of that was earned by putting “butts in seats.”

The rest comes from spreading his punch lines far and wide. And in this business, if those jokes are funny enough—and your reach wide enough—you can fill a lot of seats with a lot of butts. With the right distribution deal, those jokes can deliver exponential returns. But that’s where it gets a bit tricky.

“In the entertainment industry, every house is made of ice and it’s melting,” Gaffigan says. “So you’d better be building a new house.”  

Gaffigan’s been building. In 2016, he agreed to partner with Netflix, the industry’s dominant force and home to original specials from all but one of the comedians on Forbes’ ranking. Last year he cut loose from the kingmaker and placed a bigger bet on himself, pairing up with Comedy Dynamics, an independent producer, to release his next special everywhere but Netflix. 

Gaffigan will star in the first original stand-up special on Amazon, which is going after the streaming giant with a push into comedy. Quality Time goes live today, and it can be shopped on the open streaming market when its exclusive run with Amazon Prime Video is up in two years. And that market is only expanding.

Gaffigan has learned a bit about home building in the entertainment industry. He cut his teeth on the club circuit in the early 1990s, when HBO was the primary destination for stand-up specials and Comedy Central was a fledgling cable network.

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In 2000, he landed what was then the holy grail of comedy success—a broadcast sitcom—which was the source of the fortunes the creators of Seinfeld and Roseanne minted once they had enough seasons on the air and could sell the series into syndication.

Gaffigan’s shot proved to be short-lived, but six years later he scored a second chance and headlined a Comedy Central special called Beyond the Pale. This time it paid dividends, landing him his first theater show a month later. The butts were now coming to the seats, and while his rise was live, in person, with microphone in hand, his breakout was digital.

At the time, YouTube was changing the rules of the game, providing comedians a global platform with unprecedented distribution. Then Twitter emerged, giving comedy bookers a real-time assessment of who was attracting audiences.

READ MORE | The World’s Highest-Paid Comedians Of 2018

Then came the debut of streaming on Netflix, which latched onto comedy as a cheap and effective way to lure subscribers, while some, notably the now disgraced Louis C.K., used streaming to control their own distribution, making their shows available for fans to purchase directly.

“It was a technological wave that crashed over the stand-up world,” says Wayne Federman, a comedian and professor of the history of stand-up at the University of Southern California. “And we’re still all trying to figure out what’s going on.”

Gaffigan’s first original Netflix special aired in 2017, long after the company had reshaped the industry. It was a promising place to be: Aziz Ansari and Ali Wong were propelled into superstar status through their Netflix specials, while household names like Dave Chappelle and Jerry Seinfeld reportedly cashed in with $60 million (Chappelle) and $100 million (Seinfeld) paydays in exchange for long-term, multi-program deals. Gaffigan’s first special, Cinco, sold for a more modest seven-figure sum.

Jim Gaffigan stand up comedy specials for Netflix and Amazon Original
COURTESY

It was more than just a check; it was access to a potential audience of nearly 94 million. Although Netflix’s subscriber base has grown since then, so has its stand-up library. The platform now shops nearly four times the number of original stand-up specials than when Cinco debuted.

That makes it harder to stand out in the scroll. Plus, the streamer often holds onto specials in perpetuity, including Cinco. The up-front money is nice, but there is no ability to earn on the back end. 

Gaffigan used his next special, 2018’s Noble Ape, which was directed and cowritten by his wife, Jeannie Gaffigan, to test the waters. Comedy Dynamics bought the rights and made it available everywhere Netflix wasn’t. It had a theatrical release and could be purchased and rented on multiple services, including  iTunes, YouTube and Walmart’s VUDU.

Later, there were short streaming windows on Comedy Central and Amazon Prime. According to Comedy Dynamics CEO Brian Volk-Weiss, it was even syndicated to planes and cruise ships. The up-front payment to Gaffigan from Comedy Dynamics was lower than at Netflix, but the wide distribution allowed him to earn on the back end, bringing in a total of $10 million, according to Forbes estimates.

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And new services are on the way from Apple, WarnerMedia, NBCUniversal and Disney, any one of which could choose to pursue cheap-to-produce and popular stand-up specials. 

Because of this widening field, stand-up specials may have more life (and revenue) in them, and that could be good for comedians looking to gamble on their success with deals that offer back-end participation. “We have titles in our library that are making more in year 12 than they made in year one,” says Volk-Weiss, whose company also owns specials by Bob Saget, Iliza Shlesinger and Janeane Garofalo.

Still, leaving Netflix means walking away from a partner that has now established itself as a formidable entertainment company. Netflix has some 180 original hour-long stand-up specials and is singularly focused on exploiting content around the world. Gaffigan, though, is content to keep the bet on himself.

“In the entertainment industry, every house is made of ice and it’s melting. So you’d better be building a new house.”

In the stuffy backstage room in Letterkenny, Gaffigan reviews some of the new material he tried out on stage. A joke about Ireland’s nonsensical roads killed it. He stumbled with a bit about the English. The classics played well—“My dad never went to a parent-teacher conference; my dad didn’t know I went to school.”  

And he’s well aware that Amazon’s core mission is to sell stuff, even though it has won critical acclaim for shows like The Marvelous Mrs. Maisel and Transparent. With plans to deliver three more specials over the next five years, he’s got time to see just how good a partner the retailer might be. Along the way, he may decide it’s time to find a new neighborhood.

“The reason I went to Amazon is to expand my audience,” he says. “I don’t know what they’re gonna do and I don’t fully understand their marketing might. I might be pleasantly surprised. I mean, it’s a huge corporation. They could probably make more selling socks.”

-Ariel Shapiro; Forbes

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The World’s 50 Most Valuable Sports Teams 2019

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The Dallas Cowboys kick off training camp this weekend as the defending NFC East champions. Last season ended with a playoff loss to the Los Angeles Rams, which marked 23 straight years the Cowboys were shut out of the NFC Championship game. Only the Washington Redskins and Detroit Lions have longer title-game droughts.

But America’s Team remains the biggest must-see show in sports. Nine of the 50 highest-rated sports TV broadcasts in 2018 were regular season Cowboys games, helping goose ratings for CBS, NBC and Fox (the Patriots were the only other team with more than four games among the top 50).

Cowboys fever helps owner Jerry Jones generate an estimated $340 million in sponsorship and premium seating revenue at AT&T Stadium, twice as much as any other team.

While Jones’ team has come up short on the field the past 20-plus years, the Cowboys are the world’s most valuable sports franchise for the fourth-straight year at $5 billion. Jones has capitalized on the insatiable appetite for all things Cowboys.

READ MORE | The World’s Highest-Paid Soccer Players 2019: Messi, Ronaldo And Neymar Dominate The Sporting World

“On and off the field, in season and out of season, there is a small soap opera going on every day,” Jones told my colleague Mike Ozanian last fall during a taping of ForbesSportsMoney on the YES Network. “Everyone knows that marketing, especially in this day and time, is just another way to promote the circus, so to speak.”

Jones has always been a visionary since he bought the Cowboys for $150 million 30 years ago. He revolutionized stadium sponsorships; broke away from the NFL’s shared merchandise revenue system; launched a stadium-management firm, Legends Hospitality, with the New York Yankees; and opened a $1.5 billion practice facility in 2017.

The New England Patriots' Tom Brady
The New England Patriots’ Tom Brady MADDIE MEYER/GETTY IMAGES

The result: Dallas sits atop the globe’s richest sports league with profits, in the sense of earnings before interest, taxes, depreciation and amortization, of $365 million in 2017, a record for any sports team.

The cutoff to rank among the world’s 50 most valuable sports teams is $2.075 billion, up $125 million from last year and $1.2 billion from five years ago. The values of sports teams have skyrocketed on the backs of ballooning media rights deals and more owner-friendly collective bargaining agreements that restrain player costs. There are 52 teams across all sports worth at least $2 billion, up from one, Manchester United, in 2012.

The NFL is still the most dominant sports league when it comes to the worth of its franchises. More than half of the top 50 are football squads. Credit the monster media-rights deals with the likes of CBS, NBC, Fox, ESPN and DirecTV that paid out more than $260 million per team last year. The TV haul is a nice cushion to easily cover teams’ biggest expense item, player costs, before any tickets, sponsorships, beer or replica jerseys are sold. The cap on player salaries was $177 million last season (each team is also on the hook for $40 million annually in player benefit costs).

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The New York Yankees moved up three spots to just behind the Cowboys with a value of $4.6 billion, up 15%. The Bronx Bombers head seven MLB teams that made the top 50. The Yankees are surging on and off the field. They own the best record in the American League this season, after posting 100 wins last year. Attendance at Yankee Stadium jumped 10% last year to 3.5 million fans, the highest for the club since 2012. Viewership of Yankees games on the YES Network was 57% higher than any other baseball franchise in 2018.

Real Madrid ranks third at $4.2 billion and highest among the eight soccer clubs in the top 50. The La Liga club was the last sports team deemed the world’s most valuable before the Cowboys secured the title starting in 2016. Real banked more than $100 million for winning its second-straight Champions League crown last year.

Don’t look for Real Madrid to set any records with regard to the richest sports team sale, currently $2.3 billion for the sales of the Carolina Panthers in 2018 and the Brooklyn Nets in 2019. Real is owned by its more than 90,000 members, who elect a club president. It’s a similar structure at rival Barcelona, which ranks fourth overall with a value of $4.02 billion.

The Golden State Warriors' Stephen Curry
The Golden State Warriors’ Stephen CurryGREGORY SHAMUS/GETTY IMAGES

NBA teams have made the most dramatic moves this decade. The New York Knicks headline nine hoops teams in the top 50 this year. Their $4 billion value, up 11%, ranks fifth among all sports teams. The Los Angeles Lakers ($3.7 billion) and Golden State Warriors ($3.5 billion) also cracked the top 10. In 2012, the Lakers were the most valuable NBA team at $900 million and ranked 35th out of all sports franchises. The Knicks were the only other NBA team in the top 50 in 2012.

Three NBA franchises have been sold for at least $2 billion since 2014 (Nets, Houston Rockets and Los Angeles Clippers). The prior NBA-record sale price was $550 million for the Milwaukee Bucks, which closed three months before Steve Ballmer’s $2 billion blockbuster purchase of the Clippers.

READ MORE | The 10 Most Notable New Billionaires Of 2019

Investors salivate at the NBA’s international prospects, with 300 million basketball players in China and annual revenue growing outside the U.S. at a rate in the high teens. The 2016 CBA locked in player costs at 50% of the league’s surging revenue, and league-wide profits are up tenfold over the past seven years by Forbes’ count.

The world’s richest sports teams are almost all swimming in cash these days. Barcelona, which lost $37 million due to excessive player costs, was the only top-50 team to post a loss on an operating basis, and every other team turned a profit of at least $25 million. More than half of the teams made more than $100 million, led by the Cowboys at $365 million.

The franchise values below are based on Forbes’ published valuations over the past 12 months. Team values reflect enterprise values (equity plus debt). No teams from the NHL, Nascar, MLS or Formula One made the top 50. The highest-ranking franchise outside of the NBA, NFL, MLB and European soccer was the New York Rangers at 72nd with a value of $1.55 billion.

Gridiron Rules

The NFL remains the most dominant sports leagues with more than half of the 50 most valuable sports franchises, but the other major sports chipped away at its dominance during the past year.

More Than a Game

The discount bin is empty when shopping for teams in the major sports leagues. Every NFL, NBA and MLB franchise is now worth at least $1 billion.

Candlestick Chart
Trophy Assets

Manchester United was the world’s only pro sports team worth more than $2 billion in 2012. Now there are at least 50, including almost every NFL team.

Pictograph 1
The World's 50 Most Valuable Sports Teams
RICH SCHULTZ/GETTY IMAGES, ADAM GLANZMAN/MLB VIA GETTY IMAGES, BOB LEVEY/GETTY IMAGES

50 New Orleans Saints (NFL)

  • Value: $2.08 billion
  • 1-Year % Change: 4%
  • Owner: Gayle Benson
  • Operating Income*: $115 million

49 | Jacksonville Jaguars (NFL)

  • Value: $2.08 billion
  • 1-Year % Change: 0%
  • Owner: Shahid Khan
  • Operating Income: $63 million

47 (tie) | Kansas City Chiefs (NFL)

  • Value: $2.1 billion
  • 1-Year % Change: 0%
  • Owners: Lamar Hunt Family
  • Operating Income: $60 million

47 (tie) | St. Louis Cardinals (MLB)

  • Value: $2.1 billion
  • 1-Year % Change: 11%
  • Owner: William DeWitt Jr.
  • Operating Income: $65 million

46 | Arizona Cardinals (NFL)

  • Value: $2.15 billion
  • 1-Year % Change: 0%
  • Owner: Wiliam Bidwill
  • Operating Income: $74 million

45 | Liverpool (Soccer)

  • Value: $2.18 billion
  • 1-Year % Change: 12%
  • Owners: John Henry, Tom Werner
  • Operating Income: $128 million

44 | Los Angeles Clippers (NBA)

  • Value: $2.2 billion
  • 1-Year % Change: 2%
  • Owner: Steve Ballmer
  • Operating Income: $40 million

43 | Dallas Mavericks (NBA)

  • Value: $2.25 billion
  • 1-Year % Change: 18%
  • Owner: Mark Cuban
  • Operating Income: $99 million

42 | Arsenal (Soccer)

  • Value: $2.27 billion
  • 1-Year % Change: 1%
  • Owner: Stanley Kroenke
  • Operating Income: $102 million

41 | Los Angeles Chargers (NFL)

  • Value: $2.28 billion
  • 1-Year % Change: 0%
  • Owners: Spanos Family
  • Operating Income: $48 million

38 (tie) | New York Mets (MLB)

  • Value: $2.3 billion
  • 1-Year % Change: 10%
  • Owners: Fred & Jeff Wilpon, Saul Katz
  • Operating Income: $30 million

38 (tie) | Carolina Panthers (NFL)

  • Value: $2.3 billion
  • 1-Year % Change: 0%
  • Owner: David Tepper
  • Operating Income: $62 million

38 (tie)| Houston Rockets (NBA)

  • Value: $2.3 billion
  • 1-Year % Change: 5%
  • Owner: Tilman Fertitta
  • Operating Income: $103 million

37 | Brooklyn Nets (NBA)

  • Value: $2.35 billion
  • 1-Year % Change: 2%
  • Owners: Mikhail Prokhorov, Joe Tsai
  • Operating Income: $53 million

36 | Indianapolis Colts (NFL)

  • Value: $2.38 billion
  • 1-Year % Change: 0%
  • Owner: James Irsay
  • Operating Income: $67 million

35 | Minnesota Vikings (NFL)

  • Value: $2.4 billion
  • 1-Year % Change: 0%
  • Owner: Zygmunt Wilf
  • Operating Income: $90 million

34 | Oakland Raiders (NFL)

  • Value: $2.42 billion
  • 1-Year % Change: 2%
  • Owner: Mark Davis
  • Operating Income: $25 million

33 | Miami Dolphins (NFL)

  • Value: $2.58 billion
  • 1-Year % Change: 0%
  • Owner: Stephen Ross
  • Operating Income: $56 million

32 | Chelsea (Soccer)

  • Value: $2.58 billion
  • 1-Year % Change: 25%
  • Owner: Roman Abramovich
  • Operating Income: $127 million

31 | Seattle Seahawks (NFL)

  • Value: $2.58 billion
  • 1-Year % Change: 6%
  • Owners: Pat Allen Trust
  • Operating Income: $71 million

30 | Pittsburgh Steelers (NFL)

  • Value: $2.59 billion
  • 1-Year % Change: 5%
  • Owners: Daniel Rooney Trust, Art Rooney II
  • Operating Income: $85 million

29 | Baltimore Ravens (NFL)

  • Value: $2.59 billion
  • 1-Year % Change: 4%
  • Owner: Stephen Bisciotti
  • Operating Income: $107 million

28 | Atlanta Falcons (NFL)

  • Value: $2.6 billion
  • 1-Year % Change: 5%
  • Owner: Arthur Blank
  • Operating Income: $113 million

27 | Green Bay Packers (NFL)

  • Value: $2.63 billion
  • 1-Year % Change: 3%
  • Owners: shareholder-owned
  • Operating Income: $62 million

26 | Denver Broncos (NFL)

  • Value: $2.65 billion
  • 1-Year % Change: 2%
  • Owners: Pat Bowlen Trust
  • Operating Income: $106 million

25 | Manchester City (Soccer)

  • Value: $2.69 billion
  • 1-Year % Change: 9%
  • Owner: Sheikh Mansour bin Zayed Al Nahyan
  • Operating Income: $168 million

24 | Philadelphia Eagles (NFL)

  • Value: $2.75 billion
  • 1-Year % Change: 4%
  • Owners: Jeffrey Lurie
  • Operating Income: $114 million

22 (tie)| Boston Celtics (NBA)

  • Value: $2.8 billion
  • 1-Year % Change: 12%
  • Owners: Wycliffe & Irving Grousbeck, Robert Epstein, Stephen Pagliuca
  • Operating Income: $100 million

22 (tie)| Houston Texans (NFL)

  • Value: $2.8 billion
  • 1-Year % Change: 0%
  • Owner: Robert McNair
  • Operating Income: $161 million

21 | New York Jets (NFL)

  • Value: $2.85 billion
  • 1-Year % Change: 4%
  • Owner: Robert Wood Johnson IV
  • Operating Income: $130 million

19 (tie) | Chicago Bears (NFL)

  • Value: $2.9 billion
  • 1-Year % Change: 2%
  • Owners: McCaskey family
  • Operating Income: $100 million

19 (tie) | Chicago Bulls (NBA)

  • Value: $2.9 billion
  • 1-Year % Change: 12%
  • Owner: Jerry Reinsdorf
  • Operating Income: $115 million

18 | San Francisco Giants (MLB)

  • Value: $3 billion
  • 1-Year % Change: 5%
  • Owner: Charles Johnson
  • Operating Income: $84 million

17 | Bayern Munich (Soccer)

  • Value: $3.02 billion
  • 1-Year % Change: -1%
  • Owners: Club members
  • Operating Income: $129 million

16 | San Francisco 49ers (NFL)

  • Value: $3.05 billion
  • 1-Year % Change: 0%
  • Owners: Denise DeBartolo York, John York
  • Operating Income: $106 million

14 (tie) | Chicago Cubs (MLB)

  • Value: $3.1 billion
  • 1-Year % Change: 7%
  • Owners: Ricketts family
  • Operating Income: $87 million

14 (tie) | Washington Redskins (NFL)

  • Value: $3.1 billion
  • 1-Year % Change: 0%
  • Owner: Daniel Snyder
  • Operating Income: $122 million

12 (tie) | Los Angeles Rams (NFL)

  • Value: $3.2 billion
  • 1-Year % Change: 7%
  • Owner: Stanley Kroenke
  • Operating Income: $68 million

12 (tie) | Boston Red Sox (MLB)

  • Value: $3.2 billion
  • 1-Year % Change: 14%
  • Owners: John Henry, Thomas Werner
  • Operating Income: $84 million

10 (tie) | Los Angeles Dodgers (MLB)

  • Value: $3.3 billion
  • 1-Year % Change: 10%
  • Owners: Guggenheim Baseball Management
  • Operating Income: $95 million

10 (tie) | New York Giants (NFL)

  • Value: $3.3 billion
  • 1-Year % Change: 0%
  • Owners: John Mara, Steven Tisch
  • Operating Income: $149 million

9 | Golden State Warriors (NBA)

  • Value: $3.5 billion
  • 1-Year % Change: 13%
  • Owners: Joe Lacob, Peter Guber
  • Operating Income: $103 million

| Los Angeles Lakers (NBA)

  • Value: $3.7 billion
  • 1-Year % Change: 12%
  • Owners: Jerry Buss Family Trusts, Philip Anschutz
  • Operating Income: $147 million

7 | New England Patriots (NFL)

  • Value: $3.8 billion
  • 1-Year % Change: 3%
  • Owner: Robert Kraft
  • Operating Income: $235 million

| Manchester United (Soccer)

  • Value: $3.81 billion
  • 1-Year % Change: -8%
  • Owners: Glazer family
  • Operating Income: $238 million

5 | New York Knicks (NBA)

  • Value: $4 billion
  • 1-Year % Change: 11%
  • Owner: Madison Square Garden Company
  • Operating Income: $155 million

| Barcelona (Soccer)

  • Value: $4.02 billion
  • 1-Year % Change: -1%
  • Owners: Club members
  • Operating Income: –$37 million

| Real Madrid (Soccer)

  • Value: $4.24 billion
  • 1-Year % Change: 4%
  • Owners: Club members
  • Operating Income: $112 million

| New York Yankees (MLB)

  • Value: $4.6 billion
  • 1-Year % Change: 15%
  • Owners: Steinbrenner family
  • Operating Income: $30 million

| Dallas Cowboys (NFL)

  • Value: $5 billion
  • 1-Year % Change: 4%
  • Owner: Jerry Jones
  • Operating Income: $365 million

Forbes; Kurt Badenhausen

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