Richest MLB Owner in 2025: Steven A. Cohen, the owner of the New York Mets, is Major League Baseball’s wealthiest owner with a net worth of $16 billion in 2024, which he accumulated through his hedge fund management firm Point72 Asset Management and previous ventures.
List Of Top 10 Richest MLB Team Owners in 2025
| Rank | Owner | Net Worth (Billions) | Team |
|---|---|---|---|
| 1 | Steven A. Cohen | $16.0 | New York Mets |
| 2 | Edward S. Rogers III | $11.5 | Toronto Blue Jays |
| 3 | John C. Malone | $6.6 | Atlanta Braves |
| 4 | Lerner Family | $6.6 | Washington Nationals |
| 5 | Charles B. Johnson | $5.0 | San Francisco Giants |
| 6 | Lawrence & Paul Dolan | $4.6 | Cleveland Guardians |
| 7 | William O. DeWitt Jr. | $4.0 | St. Louis Cardinals |
| 8 | Jim Pohlad | $3.8 | Minnesota Twins |
| 9 | Ilitch Family | $3.8 | Detroit Tigers |
| 10 | Hal Steinbrenner | $3.8 | New York Yankees |
Top 10 Richest MLB Owners
Here’s the Top 10 Wealthiest MLB Team Owners:
1. Steven A. Cohen – The Wealthiest MLB Owner
Steven Cohen leads MLB ownership with a net worth of $16 billion. Born in 1956 in Great Neck, New York, Cohen studied economics at the University of Pennsylvania’s Wharton School. His path to wealth began at Wall Street firm Gruntal & Co. before founding S.A.C. Capital Advisors in 1992. The hedge fund grew to manage over $14 billion in assets.
Cohen purchased the New York Mets in 2020 for $2.4 billion, making baseball history as the largest sum paid for an MLB team. Under his ownership, the Mets significantly increased payroll spending and enhanced their organizational infrastructure. His art collection, valued at approximately $1 billion, demonstrates his broader business interests beyond sports and finance.
2. Edward Rogers III – Communications Mogul
Edward Rogers III, with an $11.5 billion net worth, controls the Toronto Blue Jays through Rogers Communications. Born in 1969, Rogers attended the University of Western Ontario before joining his family’s telecommunications empire. As chairman of Rogers Communications since 2021, he oversees diverse media and communications assets alongside the Blue Jays franchise.
3. John Malone – The Land Baron
John Malone’s $6.6 billion fortune stems from his pioneering work in telecommunications and media. Born in 1941, Malone holds degrees from Yale University and Johns Hopkins University. Through Liberty Media, he acquired the Atlanta Braves and transformed them into a consistently competitive franchise. Notably, Malone owns 2.2 million acres of land, making him America’s second-largest private landowner.
4. The Lerner Family Legacy
The Lerner family, worth $6.6 billion, purchased the Washington Nationals in 2006. Their wealth originated in real estate development through Lerner Enterprises. Under their ownership, the Nationals won the 2019 World Series, marking the pinnacle of their tenure. The family maintains significant real estate holdings throughout the Washington D.C. metropolitan area.
5. Charles Johnson’s Investment Success
Charles Johnson, with $5 billion in net worth, acquired his wealth through Franklin Resources (Franklin Templeton Investments). Born in 1933, Johnson graduated from Yale University before growing his father’s investment firm into a global financial services leader. He owns 26% of the San Francisco Giants, which he purchased in 1992.
6. The Dolan Family Enterprise
Lawrence and Paul Dolan, worth $4.6 billion, purchased the Cleveland Guardians in 2000. Larry Dolan, educated at Notre Dame Law School, practiced law before entering sports ownership. Paul Dolan serves as chairman and CEO, continuing the family’s leadership of the franchise.
7. William DeWitt Jr.’s Baseball Heritage
William DeWitt Jr., worth $4 billion, comes from a baseball family. Born in 1941, he graduated from Yale University and Harvard Business School. DeWitt purchased the St. Louis Cardinals in 1995, overseeing multiple World Series championships and consistent playoff appearances.
8. Jim Pohlad’s Inherited Success
Jim Pohlad inherited the Minnesota Twins from his father Carl Pohlad. Born in 1953, Jim serves as chairman and CEO with a net worth of $3.8 billion. Under his leadership, the Twins maintain strong community connections while competing in the American League Central.
9. The Ilitch Family Empire
The Ilitch family, worth $3.8 billion, built their fortune through Little Caesars Pizza before purchasing the Detroit Tigers in 1992. Their business holdings include sports teams, entertainment venues, and food service operations throughout Detroit.
10. Hal Steinbrenner’s Yankee Leadership
Hal Steinbrenner, worth $3.8 billion, inherited the Yankees from his father George Steinbrenner. Born in 1969, he graduated from Williams College and the University of Florida. Steinbrenner maintains the Yankees’ tradition of excellence while modernizing operations and expanding international partnerships.
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