Owner: Donald Sterling

Wealth: Real Estate

Sterling started his career towards wealth as a divorce and personal injury lawyer in Los Angeles, but later began to invest in apartment buildings in Beverly Hills, and soon quit his law position to focus exclusively on real estate. He parlayed the money from his apartments to buy the Clippers in 1981 for $12.5M.

Interesting Note: Jerry Buss got his money to buy the Lakers by selling many of his apartment complexes to Donald Sterling. Buss later repaid the favor to Sterling by helping him buy the Clippers.

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