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The increase in the value of the shares of Tesla, the company of Elon Musk, has increased the wealth of the famous millionaire in an exorbitant way. And to give you an idea of how rich he is now, just tell you that Musk could own virtually every professional sports team in America.
At the beginning of this week, Musk already had a fortune of $ 287,000 million dollars. That is to say that, so far this year, it has earned $ 117,000 million. This means that he has more money than Warren Buffet and Bill Gates combined.
As we mentioned at the beginning of this note, Musk now has more money than all of the Major League Baseball, National Basketball Association, National Soccer League, and National Hockey League teams combined..
The value of these four leagues combined – MLB, NBA, NFL and NHL – is $ 260 billion, according to Yahoo.
The New York Yankees are the MLB team with the most money, about $ 5.3 billion. The rest of the teams, on average, have $ 1.9 billion.
NBA teams, on average, have an average valuation of $ 2.2 billion, with the New York Knicks team having the highest valuation: $ 5.5 billion.
NFL teams have the highest valuation with the Dallas Cowboys which is worth $ 6.5 billion. The average NFL team is worth $ 3.5 billion.
NHL teams rank last as the most valuable, as the average team is worth $ 653 million and the most valued team, the New York Rangers, is valued at $ 1.65 billion.
Although, at the moment, Elon Musk seems to have no interest in buying a sports team, there are other billionaires who do. This is the case with Amazon founder Jeff Bezos, who is said to have been considering buying the Washingoton football team earlier this year. Bezos is the second richest man in the world.
Sports teams have seen their profits rise over the years thanks to rising ticket prices, the ad sales and the huge media rights deals for the broadcast of the games.
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Eddie is an Australian news reporter with over 9 years in the industry and has published on Forbes and tech crunch.