UBS / PwC study: 141 of the largest sports teams in the world are owned by 109 billionaires

141 of the largest teams in the world (all sports combined) are owned by 109 billionaires, according to the 2017 study on billionaires, "New value creators gain momentum - Billionaires insights 2017", conducted jointly by the Swiss bank UBS and the consulting firm PwC, and published on 26/10/2017.

Of these 109 billionaires, 60 are American, 29 Asian, and 20 European. Their average age is 68 years old, and their fortune amounts to an average of $5bn (€4.3bn, as of 30/10/2017).

The 141 sports teams in the study are predominantly American (89, or 63.1%), the others are Asian (32, 22.7%) and European (20, 14.2%). Football is the most represented sport (see infographic below) with 38 clubs (26.95%), ahead of basketball (24 clubs, 17%) and American football (16.3%).

Nine out of 20 Premier League clubs are owned by billionaires. In the United States, two-thirds of all NBA and NFL clubs, as well as half of the MLB clubs, are also owned by billionaires, highlighted the fourth edition of this UBS / PwC study, which stated that the total fortune of 1,542 billionaires worldwide (of which 560…