The Premier League is one of the most competitive European football league systems that currently have 12 billionaire club owners who have been making waves as they pull their resources to make some notable signings.
Among those topping the list are Chelsea owner Roman Abramovich and Manchester City boss Sheikh Mansour.
According to Forbes, a number of these billionaire Club owners made their fortune outside the sporting business.
Ranked by their net worth and the percentage of shares they own in their respective clubs; below are the 12 richest club owners in the Premier League.
12.Farhad Moshiri $ 1.9 billion-Everton FC Owner
As a graduate accountant from the University College London; Farhad Moshiri with his partner Alisher Usmanov bought a majority of shares in the steel manufacturing and mining giant Metalloinvest and the Russian wireless Operator Company, Megafon.
He is a typical investor who leaves nothing to chance as far as netting in the most profits is concerned.
Record signing: Gylfi Sigurdsson $53.8 million from Swansea City, 2017.
11. John Henry, $ 2.7 Billion -Liverpool
John Henry is a renowned American investor who built a successful trading firm in the 1980s before investing back his fortune into sports teams.
Besides being the largest shareholder in Liverpool FC and the principal owner of Boston Red Sox, he owns shares in Orlando Magic, New York Yankees, and Miami Heat among other teams.
Record Signing: Virgil Van Dijk for $ 92.2 million from Southampton, 2017.
10. Mike Ashley $2.9 Billion -Newcastle United Owner
Mike Ashley opened his first sports gear shop in 1982 using a $ 12,000 loan from his family and now owns UK’s largest sporting goods retailer, Sports Direct.
The latter has over 400 stores distributed across the country. Ashley also owns a high street gaming chain GAME, clothing line Jack Wills and department store chain- House of Fraser.
Record signing: Joelinton $ 47.9 million from TSG Hoffenheim, 2019.
9. Joshua Harris $3.5 Billion – Crystal Palace owner
As early as the 1980s, Harris was already making good money from investment banking after which he started the private equity powerhouse Apollo with his two business partners; Marc Rown and Leon Black in 1990.
While running Apollo, Harris owns significant shares in the basketball team Philadelphia 76ers and the New Jersey Devils.
He also owns 18% of the crystal Palace shares which the same amount owned by both Steve Parish and David Blitzer.
Record signing: Christian Benteke $34.0 million from Liverpool, 2016.
8. The Glazer Family $4.7 billion -Manchester United owner
In the years 2003-2005, Malcolm Glazer saw a good investment opportunity in Manchester United and masterminded a deal that could have him take over the Red Devils for $1.47 billion.
Using most of the money he made from real estate, health care, and banking; he gradually bought out the club’s shareholders.
After Malcolm’s death in 2014, his two sons took over the club.
Age: Joel (48) AND AVRAM (58)
Record Signing: Paul Pogba $114.3 million from Juventus, 2016.
7 Joe Lewis $5 billion – Tottenham Hotspur owner
After being in the hospitality industry for over a decade, Lewis made his fortune just enough to surface into the foreign exchange market alongside one of the world’s renowned investor-George Soros.
Lewis now runs a private investment organization with a diverse portfolio in oil companies, restaurants, resort properties, and sports clubs.
Record signing: Tanguy Ndombele $65.3 million from Olympic Lyonnais, 2019.
6. Aiyawatt Srivaddhahaprabha & family $5.9 billion -Leicester city owner
After the tragic death of Vichai Srivaddhanaprabha in a helicopter crash in October 2018, his son Aiywatt has been in control of his father’s massive empire.
The 34-year old CEO and director of the duty-free giant King Power run two clubs; Leicester City and Belgian’s OH Leuven.
Record signing: Youri Tielemens $ 49.0 million from AS Monaco, 2019.
5. Nassef Sawiris $ 6.4 billion – Aston Villa owner
Nassef hails from the wealthiest family in Egypt and is now the CEO of his father’s construction company, Orascom Construction.
As a classical entrepreneur, Nassif has split the company into two franchises; a construction company and another one that’s a leading producer of nitrogen fertilizers.
He is also the supervisory director of fashion giant Adidas.
Record signing: Wesley $27.2 million from Club Brugge, 2019
4. Guo Guangshang $6.7 billion – Wolverhampton wanderers owner
Guangchang is a billionaire philanthropist, investor, and entrepreneur who owns a Chinese international conglomerate & investment company, Fosun International.
His portfolio is well-diversified and includes entertainment, real estate, and asset management. Fosun bought Wolverhampton for £45 million in 2016.
Record signing: Raul Jimenez $ 41.2 million from Benfica, 2019.
3. Stan Kroenke $8.7 billion -Arsenal FC owner
Stan Kroenke rose from a humble beginning as a floor sweeper and by age 10 he was a bookkeeping expert.
At 36, he had a commercial real estate empire, Kroenke Group and was the managing director of Kroenke Sports & Entertainment.
Kroenke now owns the NFL team- Los Angeles Rams, Colorado Rapids (MLS), Colorado Mammoth and Arsenal Football Club.
Stan is highly controversial and he once caused turmoil within the club when he made a careless speech that he didn’t buy Arsenal to win trophies.
Record signing: Nicolas Pepe $ 87.1 million from LOSC Lille, 2019.
2. Roman Ibrahimovich $12.4 billion -Chelsea FC owner
Commonly known as the Russian Oligarch, Abramovich is highly influential in his country and owns several multi-million businesses.
As an oil, gas and metals investor; he made a whopping £10 billion after selling 73 percent stake of Sibneft to Gazprom in 2005.
Besides his investment ventures, he is a great philanthropist who has given more money to charity in Russia than any other individual.
After Abramovich took ownership of Chelsea, the West London Club has enjoyed consistent and unprecedented years of success which include but not limited to five premier league titles, four FA Cups, 3 league titles and one Champions League trophy.
Record signing: Kepa Arrizabalaga $87.1 million from Atheltic Bilbao, 2018..
1. Sheikh Mansour $30 billion-Manchester City owner
Back at the number one spot is a member of the Dubai Royal Family, Deputy Prime minister of UAE, and a billionaire investor who has majority stakes at three companies; Virgin Galactic, Sky News Arabia, and Daimler.
Since he acquired full control of the club in 2008, Mansour has transformed Manchester City a great deal.
The club has since won four premier League Titles, two FA Cups and 4 League Cup trophies.
Besides owning Manchester City, he also has majority shares at Melbourne City, Atletico Torque, and New York City.
Record signing: Kevin De Bruyne $ 82.7 million from VfL Wolfsburg, 2015.