Who Are the Top 10 Richest Owners in MLB Right Now?

The business side of baseball is just as fascinating as the action on the field, and nothing highlights that more than the richest owners in MLB. These billionaires don’t just own teams; they influence the entire direction of Major League Baseball with their deep pockets and business expertise. A richest MLB team owner has the power to secure top players, build world-class stadiums, and expand the team’s brand globally. In 2025, the competition between the wealthiest owners is fiercer than ever, with net worths climbing into the billions. This list covers the richest owners in MLB right now, showing how their wealth, investments, and ownership stakes shape the future of America’s pastime. If you’ve ever wondered who is the richest owner in MLB is, we’ve got you covered.

How We Rank the Richest Owners in MLB

When looking at the richest owners in MLB, it’s not just about the money they have in the bank—it’s about the overall influence their wealth brings to Major League Baseball. Some of these billionaires have built their fortunes in industries like finance, tech, or real estate, while others inherited empires and expanded them through smart investments. To rank the richest MLB team owners, we evaluated multiple factors to give readers a full picture of their financial power and baseball impact:
Net Worth – The single biggest factor in our rankings. We assessed each owner’s personal fortune, including assets, cash holdings, and business valuations, to determine their total wealth. The higher the net worth, the more power an owner has in shaping their team’s future.

• Investments & Business Empire – Beyond baseball, most of the richest owners of MLB teams have stakes in industries like hedge funds, media networks, oil & gas, and real estate. These investments help them maintain and grow their wealth, ensuring their MLB teams always have financial backing when needed.
• Ownership Stake in MLB Team – While some billionaires are part-owners or minority investors, others control a majority share. The larger the ownership stake, the greater the influence they have over roster decisions, stadium development, and the team’s overall brand.
• Total Value of Team Owned – MLB franchises are skyrocketing in value, with several now worth over $3–5 billion. Owners whose franchises rank among the highest in valuation naturally stand out in this list, as the value of the team itself significantly adds to their financial profile.
• By combining these factors, we’ve created a fair, data-driven ranking of the richest owners in MLB in 2025, showing not just who has the most money, but also how that wealth translates into power and long-term success in baseball.

Top 10 Richest Owners in MLB

The richest MLB team owners represent a wide variety of industries, from Wall Street hedge funds to Canadian telecom empires. Some are self-made billionaires who climbed the financial ladder with grit and risk-taking, while others come from family dynasties that have passed down wealth for generations. What unites them all is the fact that their billions have reshaped their MLB teams, whether through big-money player contracts, stadium renovations, or advanced scouting and analytics departments.
This ranking of the top 10 richest owners in MLB highlights not only their net worth but also the unique journeys that led them to become some of the most powerful people in professional sports today.

Who is the Richest Owner in MLB?

As of 2025, the richest owner in MLB is Steve Cohen, majority owner of the New York Mets. With an estimated net worth of $19.8 billion, Cohen is not just the richest MLB team owner but also one of the wealthiest figures in global sports. His fortune comes from hedge funds and financial investments through Point72 Asset Management. Cohen purchased the Mets in 2020 for $2.4 billion, the largest deal in MLB history at the time. His financial strength has allowed the Mets to build one of the most expensive and competitive rosters in baseball.

#10: John Middleton

John Middleton ranks #10 among the richest owners in MLB, with an estimated net worth of $3.1 billion. Middleton made his fortune in the tobacco industry, selling his family’s business for nearly $3 billion in 2007. He became a significant shareholder in the Phillies in the 1990s and gradually increased his stake, taking control in 2015. Since then, Middleton has invested heavily in the team, pushing for big free-agent signings like Bryce Harper. His willingness to spend has transformed the Phillies into one of the top contenders in MLB, showing how a richest owner of MLB team can directly shape its success.

#9: Charles B. Johnson

Charles B. Johnson, with a net worth of around $4 billion, ranks among the richest owners in MLB thanks to his background in mutual funds and finance. Johnson is the retired chairman of Franklin Resources, a massive investment management company that built his fortune. In 1992, he became a principal owner of the San Francisco Giants, investing heavily in the team’s long-term stability. Under his influence, the Giants have won multiple World Series titles, boosting their brand value and fan base worldwide. Johnson is known for his quiet leadership style, letting his wealth and resources speak for themselves. His investments have kept the Giants competitive and financially sound, making him one of the most influential figures in baseball ownership. Among the richest MLB team owners, Johnson’s blend of Wall Street success and love for the sport ensures that the Giants remain a powerhouse franchise in MLB.

#8: Arte Moreno

Arte Moreno made history in 2003 when he became the first Mexican-American to own a major U.S. sports team, purchasing the Los Angeles Angels for $184 million. Today, Moreno’s net worth is estimated at $4.1 billion, putting him high among the richest owners of MLB teams. His wealth comes from outdoor advertising, where his company Outdoor Systems grew into a billion-dollar business before being sold to Infinity Broadcasting. Moreno’s tenure with the Angels has been marked by big contracts for superstar players, including Albert Pujols, Mike Trout, and Shohei Ohtani. While not every investment has paid off, his willingness to spend heavily has kept the Angels in the spotlight. His bold decisions and high-profile signings have earned him both praise and criticism, but there’s no denying Moreno’s role as one of the most passionate and financially committed MLB owners.

#7: The Ricketts Family

The Ricketts family, worth around $4.5 billion, are the proud owners of the Chicago Cubs, one of MLB’s most storied franchises. The family’s fortune stems from TD Ameritrade, the financial services company co-founded by patriarch Joe Ricketts. They purchased the Cubs in 2009 for $845 million, and since then, the team has seen tremendous success, including ending their 108-year championship drought with a World Series win in 2016. The family has also invested heavily in Wrigley Field renovations and the surrounding neighborhood, transforming it into a year-round entertainment hub. As some of the richest owners in MLB, the Ricketts have shown that financial investment, combined with respect for tradition, can create both on-field and off-field success. Their blend of business savvy and dedication to fans has elevated the Cubs’ global profile.

#6: Larry Dolan

Larry Dolan, owner of the Cleveland Guardians, boasts a net worth of about $4.6 billion, making him one of the richest MLB team owners. Dolan made his fortune as a successful lawyer and businessman before purchasing the franchise in 2000 for $323 million. Under his ownership, the Guardians have consistently focused on developing young talent and maintaining a competitive roster despite not having the spending power of larger-market teams. Dolan’s family business ties extend to real estate and investments, which have helped him maintain and grow his wealth. While Dolan is sometimes criticized by fans for not spending as aggressively as other billionaires, his careful management has kept the Guardians stable and financially secure. As one of the richest owners in MLB, Dolan’s approach highlights the balance between financial sustainability and competitive baseball. Guardians owner Larry Dolan passed away at the age of 94 in February of 2025.

#5: John Henry

With a net worth of around $5.4 billion, John Henry is one of the most powerful figures in professional sports. As principal owner of the Boston Red Sox, Henry’s leadership has helped the team capture multiple World Series championships, breaking the infamous “Curse of the Bambino.” Henry made his fortune in trading and investments, later expanding into sports with Fenway Sports Group, which also owns Liverpool FC and the Pittsburgh Penguins. His empire-building approach makes him one of the richest owners in MLB, with influence stretching far beyond baseball. Under Henry’s watch, the Red Sox have grown into one of the most valuable franchises in the league, currently valued at over $4 billion. His combination of wealth, business acumen, and a willingness to innovate has solidified his place as one of MLB’s most important team owners.

#4: Mark Walter

Mark Walter, with an estimated net worth of $5.5 billion, is the chairman of Guggenheim Partners and the controlling owner of the Los Angeles Dodgers. Walter and his ownership group bought the Dodgers in 2012 for $2.15 billion, then the largest sale in sports history. Since then, he has turned the Dodgers into one of the most successful and valuable franchises in MLB, with a current valuation of nearly $5 billion. Walter’s wealth comes from finance and asset management, with Guggenheim Partners overseeing hundreds of billions in assets. As one of the richest MLB team owners, Walter is known for backing the Dodgers’ aggressive spending on players, infrastructure, and analytics. His leadership has turned the Dodgers into perennial championship contenders and a global sports brand.

#3: John Malone

John Malone, often called the “Cable Cowboy,” has a net worth of about $9.6 billion, placing him near the top of the list of richest owners in MLB. His fortune comes from media and telecommunications, where his company, Liberty Media, controls assets in sports, television, and entertainment. Liberty Media owns the Atlanta Braves, a franchise that has consistently remained competitive under Malone’s tenure. Beyond baseball, Malone is known for his massive real estate holdings and influential role in shaping the modern cable industry. With the Braves’ stadium and surrounding entertainment district thriving, Malone has turned the team into both a financial and on-field success story. His wealth and business acumen make him one of the most powerful figures in all of professional sports.

#2: Edward Rogers III & Family

Edward Rogers III and the Rogers family, with a combined net worth of $11.5 billion, rank among the richest MLB team owners. Their fortune comes from Rogers Communications, the Canadian telecom giant founded by Edward’s father. The Rogers family owns the Toronto Blue Jays, Canada’s only MLB team, making them an important part of the country’s sports culture. Beyond baseball, the Rogers empire spans telecommunications, media, and sports entertainment, giving them unmatched influence in Canada. Under their ownership, the Blue Jays have invested heavily in player development and stadium upgrades, keeping the franchise competitive and financially strong. As one of the richest owners in MLB, Edward Rogers III represents both generational wealth and a deep commitment to sports.

#1: Steve Cohen

At the top of the list of the richest owners in MLB is Steve Cohen, hedge fund billionaire and owner of the New York Mets. With a staggering net worth of nearly $20 billion, Cohen is not just the richest MLB owner—he’s one of the wealthiest figures in all of professional sports. Cohen made his fortune as the founder of Point72 Asset Management and SAC Capital Advisors, two powerhouse hedge funds that have dominated Wall Street for decades. In 2020, he purchased the Mets for $2.4 billion, instantly transforming the team’s financial outlook. Known for his willingness to spend big, Cohen has poured resources into player contracts, analytics, and fan experience, making the Mets a true contender again. His combination of wealth, passion for baseball, and aggressive ownership style makes him the definitive answer to “Who is the richest owner in MLB?”