La Clippers Owner Net Worth (Updated 2025).

Steve Ballmer, the current owner of the Los Angeles Clippers, began his professional journey at a young age. Born in Detroit, Michigan, in 1956, Ballmer graduated from Harvard University with a Bachelor’s degree in Mathematics and Economics in 1977. He then went on to earn an MBA from Stanford University’s Graduate School of Business in 1980. Ballmer’s career took off when he joined Microsoft in 1980, where he worked closely with the company’s co-founder, Bill Gates. He held various positions at Microsoft, including Executive Vice President of Sales and Support, before becoming the company’s CEO in 2000, a role he held until 2014.

La Clippers Owner’s Current Net Worth (2025)

As of 2025, Steve Ballmer, the owner of the Los Angeles Clippers, has an estimated net worth of $91.4 billion, according to Forbes. This makes him the ninth wealthiest person in the world and the richest owner in the NBA.

Career

Before his foray into sports ownership, Ballmer spent 34 years at Microsoft, the company he co-founded with Bill Gates in 1975. He served as the CEO from 2000 to 2014, during which time he oversaw the company’s growth into a global technology leader. In 2014, he purchased the Los Angeles Clippers for $2 billion.

Other Ventures

In addition to owning the Clippers, Ballmer has invested in various other ventures. He is a co-owner of the Los Angeles Football Club (LAFC) and has made significant investments in tech companies such as Twitter and Uber. He also owns a 4% stake in the NBA’s Los Angeles Lakers, making him a minority owner of both LA basketball teams.

Assets

Ballmer’s assets include a 6% stake in Microsoft, which he acquired during his time at the company. He also owns a 17,000-acre ranch in Washington state and a $20 million mansion in Malibu, California. His collection of vintage Porsches is estimated to be worth tens of millions of dollars.

Annual Income

As of 2021, Ballmer’s annual income was estimated to be around $1 billion, primarily from his Microsoft stake and Clippers ownership. However, this figure can fluctuate significantly from year to year due to changes in Microsoft’s stock price and the Clippers’ performance.

Frequently Asked Questions about  La Clippers Owner

Frequently Asked Questions: LA Clippers Owner Net Worth

1. Who is the current owner of the LA Clippers?

Steve Ballmer is the current owner of the LA Clippers. He purchased the team in 2014 from former owner Donald Sterling.

2. How much was the LA Clippers team worth when Steve Ballmer bought it?

When Steve Ballmer bought the LA Clippers in 2014, the team was valued at around $2 billion.

3. What is Steve Ballmer’s net worth?

Steve Ballmer’s net worth is estimated to be around $91.4 billion as of 2023.

4. How did Steve Ballmer make his fortune?

Steve Ballmer made his fortune through his career at Microsoft. He served as the CEO of the company from 2000 to 2014.

5. How much did Steve Ballmer pay for the LA Clippers?

Steve Ballmer paid a record-breaking $2 billion for the LA Clippers in 2014.

6. What is the current value of the LA Clippers?

The current value of the LA Clippers is estimated to be around $5 billion.

7. How does the LA Clippers’ value compare to other NBA teams?

The LA Clippers are currently the 6th most valuable NBA team, behind the New York Knicks, Los Angeles Lakers, Golden State Warriors, Boston Celtics, and Dallas Mavericks.

8. Has the LA Clippers’ value increased since Steve Ballmer’s purchase?

Yes, the LA Clippers’ value has increased significantly since Steve Ballmer’s purchase in 2014. The team’s value has more than doubled in the past nine years.

9. What is the average net worth of an NBA team owner?

The average net worth of an NBA team owner is around $4 billion.

10. How does Steve Ballmer’s net worth compare to other NBA team owners?

Steve Ballmer’s net worth is significantly higher than the average NBA team owner. He is currently the 10th richest person in the United States and the 22nd richest person in the world.