Phoenix Suns and Mercury owner Mat Ishbia was among a handful of Valley sports owners to make Forbes’ annual list of world billionaires. Ishbia topped the list for those with ties to the Grand Canyon State with a net worth of $5.4 billion, the 468th richest person in the world. His brother, Justin Ishbia, also made the cut with a $2.3 billion net worth. Tucson-born Arte Moreno had a $4.1 billion net worth, No. Arizona Diamondbacks owner Ken Kendrick cracked the list with a $1 billion valuation at No.

Source: Forbes May 28, 2023 21:12 UTC