Estimated net worth: $1.1 billion
Team: Pittsburgh Pirates
The 10th-richest owner is the chairman and principal owner of the Pittsburgh Pirates, Robert Nutting. According to Wealth-X, the net worth of Nutting and his family comes to $1.1 billion, with a majority ($630 million) arising from their ownership of Ogden Newspapers, which owns papers in 13 states, according to the company’s website. Other assets include an estimated $250 million stake in the Pirates, a $95 million stake in Pennsylvania’s Seven Springs Mountain Resort and approximately $130 million in liquid assets.
Chairman of the board since 2003, Nutting took over the Pirates in early 2007, replacing another newspaper man, Kevin McClatchy, who had controlling stake in the team since 1996. Since becoming the Pirates’ principal owner, Nutting has developed the team’s spring training complex as well as its farm system and founded the team’s philanthropic arm, Pirates Charities,in 2010.