Clippers' Owner Steve Ballmer Becomes 9th Person to Accumulate $100B Net Worth

Bloomberg's Scott Carpenter reports that Steve Ballmer has joined the $100B club.

Joey Linn | Jul 8, 2021

Clippers' Owner Steve Ballmer Becomes 9th Person to Accumulate $100B Net Worth /

On Wednesday afternoon, Scott Carpenter of Bloomberg Wealth reported that LA Clippers' owner Steve Ballmer has become the world's 9th person to reach $100B net worth. Ballmer joined Jeff Bezos, Elon Musk, Bernard Arnault, Bill Gates, Mark Zuckerberg, Larry Page, Sergey Brin, and Warren Buffet as the only members of this exclusive club.

Ballmer's wealth has reportedly grown by $20.1B in the last year, and by nearly $59B since purchasing the LA Clippers back in 2014. Much like Ballmer's financial growth since purchasing the Clippers, the team has also been on the ascension since Ballmer took over as chairman.

In the 44 years between their inception in Buffalo and Donald Sterling's last day as owner, the LA Clippers franchise had just 9 winning seasons, and made the playoffs just 10 times. In the seven seasons under Steve Ballmer, the Clippers have made the playoffs six times, and finished over .500 every single season. There has been a tangible difference in not only the team's performance, but their reputation around the league. For the first time in the franchise's dark history, the Clippers have established themselves as a desirable free agent destination for superstars such as Kawhi Leonard. Ballmer's arrival has nearly everything to do with this reality.

In a recent report from HoopsHype's Michael Scotto, Clippers' guard Patrick Beverley expressed interest in signing a contract extension with the Clippers, citing his affinity for Steve Ballmer as a contributing factor to that desire. For a franchise who historically suffered from players' lack of a desire to play for Donald Sterling, having the contrary in Steve Ballmer should certainly be appreciated amongst the fanbase.

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Published Jul 8, 2021

JOEY LINN

Joey Linn is a credentialed writer covering the NBA for Sports Illustrated's FanNation. Covering the LA Clippers independently in 2018, then for Fansided and 213Hoops from 2019-2021, Joey joined Sports Illustrated's FanNation to cover the Clippers after the 2020-21 season. Graduating from Biola University in 2022 with a Communication Studies degree, Joey served as Biola's play-by-play announcer for their basketball, baseball, softball, and soccer teams during his time in school. Joey's work on Biola's broadcasts, combined with his excellence in the classroom, earned him the Outstanding Communication Studies Student of the year award in 2022. Joey covers the NBA full-time across multiple platforms, primarily serving as a credentialed Clippers beat writer.

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