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Business Decision with Mike Vorkunov

Poverty Billionaires and the Sports Wealth Gap

30 Sep 2025

Description

Steve Ballmer isn't just the richest owner in the NBA, he's the richest owner in sports. He's one of the richest men in the world. Period. The Kawhi Leonard/Aspiration scandal has also opened up another touchy subject: is he also too rich for the NBA? The Information's Sara Germano comes on to talk about wealth inequality in sports and how pro sports is trying to figure out the sheer amount of money its now dealing with, from the NBA to MLB, from Ballmer to Steve Cohen.Reading List:Is Steve Ballmer Too Rich for the NBA?The World’s Richest Sports Team Owners 2025

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