Newcastle United is now officially the football club with the richest owner.
As an illustration, PIF's wealth is ten times greater than that of the billionaire owner of Manchester City, Sheikh Mansour.
PIF has a wealth 50 times greater than the wealth of Paris Saint-Germain, Nasser Al-Khelaifi.
Here's a list of the 10 world football clubs with the richest owners:
1. PIF - Newcastle United
The net worth of Mohammed bin Salman, the leader of the PIF, is around £13 billion.
However, it should be noted that this amount is the personal property of Mohammed bin Salman, while the Saudi Arabian royal family is believed to have a net worth of £1.3 trillion.
This amount is far greater than the net worth of the Abu Dhabi Royal Family is believed to be around £500 billion.
Meanwhile, The Independent said the total wealth of PIF reached 320 billion pounds. This amount is greater than the wealth of the Qatar Investment Authority which owns PSG which only reaches 220 billion pounds.
This value makes PIF the owner of the richest football club in the world.
2. Sheikh Mansour - Manchester City
Sheikh Mansour bought Manchester City in September 2008, and with his wealth quickly turned the club into a top team in the world.
Sheikh Mansour is the deputy prime minister of the United Arab Emirates, and comes from the royal family of Abu Dhabi. The 50-year-old has also acquired New York City FC, Melbourne City FC and Yokohama F. Marinos, among others, through the City Group.
The day-to-day running of the club was delegated to his trusted man, Khaldoon Al Mubarak.
Sheikh Mansour is estimated to have a wealth of 23 billion pounds.
3. Dietrich Mateschitz - RB Salzburg, RB Leipzig
The third position of the football club with the richest owner is held by the Austrian club, RB Salzburg.
RB Salzburg is owned by Dietrich Mateschitz, an Austrian entrepreneur who made his fortune from his energy drink business, Red Bull.
Mateschitz invests his money in sports in particular into Formula One, and also into football. In April 2005, he bought Austrian club SV Austria Salzburg, which was later renamed Red Bull (RB) Salzburg.
In May 2009, he founded RB Leipzig which is now one of the strongest teams in the German Bundesliga.
Dietrich Mateschitz is estimated to have a net worth of 15 billion pounds.
4. Andrea Agnelli - Juventus
Andrea is the son of former Juventus chairman Umberto Agnelli, whose family has a long history with the club.
The Agnelli family made their fortune from the automobile industry after founding Fiat in 1899.
In May 2010, Andrea was appointed chairman of the Juventus board of directors by his first cousin. He became the fourth member of the family to run the club.
Andrea Agnelli is estimated to have a fortune of 15 billion pounds.
5. Roman Abramovich - Chelsea
Russian oil tycoon Roman Abramovich bought Chelsea in 2003, turning the West London club into a top team in the Premier League.
Abramovich made his fortune in the 1990s, initially trading in goods including wood, food products, and even plastic ducks, but his biggest businesses were in the petrochemical industry and oil trading.
The 54-year-old was able to exploit Russia's changing economy in the 1990s to make his fortune, and acquired a majority stake in Sibneft in 1995, which is one of Russia's largest oil companies.
Roman Abramovich is estimated to have a net worth of 9 billion pounds.
6. Pick Anschutz - LA Galaxy
Philip Ancshutz is a co-founder of Major League Soccer and owns many of the league's football clubs, including the Los Angeles Galaxy, Chicago Fire, Colorado Rapids, Houston Dynamo, San Jose Earthquakes and D.C. United.
Anschutz then sold all of his stake in these clubs, except for LA Galaxy.
His actions are considered to be the reason MLS can still run after experiencing financial difficulties.
LA Galaxy remains one of the most prominent clubs in the United States and rose to worldwide prominence when they signed David Beckham in 2007.
They also recruited famous players such as Zlatan Ibrahimovic and Javier Hernandez to join.
Philip Ancshutz has an estimated net worth of £8 billion
7. Stan Kroenke - Arsenal
Arsenal is owned by American businessman Stan Kroenke, who also owns the LA Rams, Denver Nuggets and Colorado Rapids.
The 74-year-old married Ann Walton, heir to US supermarket Walmart, in 1974. Nine years later, he founded a real estate development group.
The Kroenke Group specializes in shopping malls and apartment buildings, with many of its properties located near existing Walmart locations.
Kroenke first bought a stake in Arsenal in 2008, before increasing his stake to around 62 percent in 2011.
Stan Kroenke is estimated to have a net worth of £7 billion.
8. Nasser Al-Kheilafi - Paris Saint Germain
When he was younger, Nasser Al-Khelaifi was a very talented tennis player and has appeared in two ATP Tour events.
His career in tennis brought Al-Khelaifi close to the emir of Qatar, Sheikh Tamim. Tamim is the head of the Qatar Investment Authority.
In 2008, he appointed Al-Kheilafi as president of the Qatar Tennis Federation. Three years later, Al-Khelaifi became chairman of Qatar Sports Investments, a subsidiary of the Qatar Investment Authority. Qatar Sports Investments is valued at £338 billion.
The group bought PSG in 2011, and Al-Khelaifi was appointed CEO.
Nasser Al-Kheilafi is estimated to have a wealth of 6 billion pounds.
9. Zhang Jindong - Inter Milan
Zhang Jindong is a Chinese billionaire who is also the founder and majority shareholder in the retail chain Suning, one of Asia's largest.
Jindong, 58, bought a majority stake in the Italian giant through his private holding company, in June 2016.
Zhang Jindong is estimated to have a fortune of 6 billion pounds.
10. Guo Guangchang - Wolves
Guo Guangchang is a businessman from Zhejiang province, East China.
He has been chairman of the Fosun Group since 1994. The conglomerate is based in Shanghai and Hong Kong, and initially worked in market research.
After expanding into the healthcare and real estate industries, Fosun has become one of the largest investment companies in the world.
They bought Wolves from previous owner Steve Morgan in 2016 for around £45 million.
Guo Guangchang is estimated to have a fortune of 5 billion pounds.
You must be logged in to post a comment.