14.65% of the shares in Arsenal, before Moshiri sold his part to help fund his takeover of Everton. Record signing: Christian Benteke — $34.0 million (Liverpool, 2016). The 60-year-old Thai billionaire died in the blaze, just moments after watching his side draw with West Ham. There are now 12 billionaires who own Premier League clubs — all of whom Business Insider has ranked by their net worth according to Forbes and The Sunday Times. Moshiri and Usmanov also used to hold 14.65% of the shares in Arsenal, before Moshiri sold his part to help fund his takeover of Everton. How they made their fortune: Sheikh Mansour is a member of the royal family of Abu Dhabi, and he's also the deputy prime minster of the United Arab Emirates. as well as other partner offers and accept our, Katharina Liebherr and Gao Jisheng of Southampton FC have been excluded from the list because Liebherr. Record signing: Raul Jimenez — $41.2 million (Benfica, 2019). "The Sun", "Sun", "Sun Online" are registered trademarks or trade names of News Group Newspapers Limited. Private investment firms, sports brands, and royal inheritance are just some of the sources of money for the Premier League's richest. One part remains as a construction company while the other, known as OCI, became one of the planet's leading producers of nitrogen fertilizers. But aside from the vast amount of money Mansour inherited, he also owns stakes in Virgin Galactic and Sky News Arabia, and is the owner of a number of soccer clubs across the world, including Melbourne City, New York City, and of course Manchester City. He eventually earned licenses to operate at Bangkok's two major airports and was granted the sole right to manage duty-free business at the World Trade Centre in the Thai capital, a privilege previously given to the country's tourism board. Nowadays, Lewis is the chairman of Tavistock Group — a private investment organization that have a portfolio containing oil companies, resort properties, restaurants and, of course, sports clubs. For further details of our complaints policy and to make a complaint please click here. a real estate development firm that built most of it's properties near Walmart stores. Record signing: Nicolas Pepe — $87.1 million (LOSC Lille, 2019). Record signing: Wesley — $27.2 million (Club Brugge, 2019). Record signing: Youri Tielemens — $49.0 million (AS Monaco, 2019). We've also explained how each club owner made their fortunes. Our journalists strive for accuracy but on occasion we make mistakes. News Corp is a network of leading companies in the worlds of diversified media, news, education, and information services. CEO of King Power Aiyawatt Srivaddhanaprabha is the owner of Premier League club Leicester City, having taken over from his father Vichai, who tragically died in a helicopter crash in 2018. He also owns clothing line Jack Wills, department store chain House of Fraser, and high street gaming chain GAME. Photo by Reuters — Eddie Keogh In the late 1990s, Kroenke ventured into sports when he bought his first franchise, the Denver Nuggets, and he now owns the NHL's Colorado Avalanche, Colorado Rapids soccer team, and LA Rams, amongst others. Account active Record signing: Joelinton — $47.9 million (TSG Hoffenheim, 2019). To inquire about a licence to reproduce material, visit our Syndication site. Within five years of the take over, the 60-year-old had cancelled out Leicester's debts, seen them promoted from the Championship, before winning the Premier League in one of the greatest fairy tales. In May 2017, Srivaddhanaprabha expanded his footballing empire, after acquiring Belgium second tier team Oud-Heverlee Leuven, who are currently managed by ex-Foxes boss Nigel Pearson. According to Forbes, the Leicester City owner was worth $5billion (£3.9billion). The Sun website is regulated by the Independent Press Standards Organisation (IPSO). Leicester City soccer club owner Vichai Srivaddhanaprabha, a … He has since split the company. How he made his fortune: Following the tragic death of his father Vichai Srivaddhanaprabha in a helicopter crash in October 2018, son Aiyawatt assumed control of his late father's empire. Today, he still owns stakes in steel giant Evraz and Norilsk Nickel, and he's also owner of the world's largest yacht, the 533-foot (and aptly titled) Eclipse. He was ranked by Forbes magazine as the 5th richest man in Thailand, reportedly worth US$4.9 billion, as of 28 October 2018. In December 2009, King Power received the royal warrant from King Bhumibol of Thailand in a ceremony attended by Vichai. Ever since, the clubs in England's top division have become attractive prospects for weathly investors, with businesspeople all over the world keen to help themselves to a slice of the Premier League pie. He started the company in 1989, with his first store opening in Mahatun Plaza. 7) Leicester City - Aiyawatt Srivaddhanaprabha - £4.6billion Aiyawatt is the 34-year-old son of the late Vichai Srivaddhanaprabha, who tragically died in a helicopter crash in October 2018, aged 60. A selection of our best stories daily based on your reading preferences. Record signing: Gylfi Sigurdsson — $53.8 million (Swansea City, 2017). He is also the principal owner of baseball team Boston Red Sox. View our online Press Pack. 2 years ago. Sawiris is also the supervisory director of fashion giant Adidas. How he made his fortune: The son of an orthodontist, Harris got his teeth stuck into the world of investment banking in 1980s, before starting private equity powerhouse Apollo alongside Leon Black and Marc Rown in 1990. Vichai was the founder and CEO of King Power Duty Free, an operator of duty-free shops. Guangchang is well known for donating millions of dollars to charity, and he describes himself as the "Chinese Warren Buffet.". The Foxes' owner has been confirmed to have died after his helicopter crash landed outside the King Power Stadium. He is also the principal owner of baseball team Boston Red Sox. 7: Leicester City owner Vichai Srivaddhanaprabha – £3.64 billion Vichai Srivaddhanaprabha (right). Today, he's the owner of the UK's largest sporting goods retailer, Sports Direct, which has over 400 stores across the country. Claudio Ranieri's in-tray at Fulham after Slavisa Jokanovic sacking: Fix the worst Premier League... Premier League best bets: Jose Mourinho and Manchester United can make it tough for city rivals, How modern football became broken beyond repair. How he made his fortune: Ashley opened his first sports gear shop in 1982 using a $12,000 loan from his family. 6: Leicester city owners Aiyawatt Srivaddhanaprabha and family — $5.9 billion Aiyawatt Srivaddhanaprabha. How he made his fortune: Lewis' initial wealth came from the hospitality industry in the late 1970s and early 1980s, before he made a fortune on the foreign exchange market alongside George Soros. This service is provided on News Group Newspapers' Limited's Standard Terms and Conditions in accordance with our Privacy & Cookie Policy. Sign up for Insider Select. Vichai Srivaddhanaprabha was the fifth richest man from Thailand in 2018. Katharina Liebherr and Gao Jisheng of Southampton FC have been excluded from the list because Liebherr sold 80% of her shares in the club to Jisheng in 2017, and the Chinese businessman's net worth is currently unclear having just lost control of his real-estate company, Lander Sports, according to the Financial Times. Record signing: Kevin De Bruyne — $82.7 million (VfL Wolfsburg, 2015). Record signing: Virgil van Dijk — $92.2 million (Southampton, 2017). Record signing: Tanguy Ndombele — $65.3 million (Olympic Lyonaiss, 2019). How he made his fortune: Trained as a chartered accountant at University College London, Moshiri and his business partner, Alisher Usmanov, hold shares in mining and steel manufacturing giant Metalloinvest, and Russian wireless operator Megafon. How he made his fortune: Guo Guangchang is the founder and chairman of Fosun International, a Chinese international conglomerate and investment vehicle, whose portfolio covers everything from real estate to pharamecuticals. 679215 Registered office: 1 London Bridge Street, London, SE1 9GF. Shortly before his death, he … THE Leicester City and football community are in shock after the club's owner Vichai Srivaddhanaprabha's helicopter crashed outside the King Power Stadium. He owns an 18% of Crystal Palace, the same amount as both David Blitzer and Steve Parish. Shortly before his death, he was ranked 388th in the world, level with Bet365 founder Denise Coates and Virgin head honcho Richard Branson. How he made his fortune: Abramovich made most of his money in the oil and metals industry, with the Russian selling his 73% stake in Sifnet to oil giant Gazprom for $13 billion in 2005. To see all content on The Sun, please use the Site Map. A lifelong soccer fan, he bought Leicester City in 2010 for $50 million. Henry held shares in Orlando Magic, Miami Heat, and the New York Yankees amongst others, before taking over Liverpool in October 2010. Record signing: Kepa Arrizabalaga — $87.1 million (Athletic Bilbao, 2018). How he made his fortune: After building a successful trading firm in the 1980s, Henry began to invest the money he had earned into sports teams. Technicalities aside, here is the Premier League's richest billionaires in ascending order. mining and steel manufacturing giant Metalloinvest, and Russian wireless operator Megafon.
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