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Billionaires are swapping art and cars for sports teams as their top 'trophy' investment, JPMorgan says | Fortune
Three years ago, only 6% of billionaires had controlling stakes in sports teams. Now, that share has jumped to 20%.
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cnbc.com
Billionaire families opt for buying sports teams over collecting art and cars
Twenty percent of billionaire families own controlling stakes in sports teams, up from 6% in 2022, per a new J.P. Morgan survey.
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fortune.com
Billionaires are swapping art and cars for sports teams as their top 'trophy' investment, JPMorgan says | Fortune
Three years ago, only 6% of billionaires had controlling stakes in sports teams. Now, that share has jumped to 20%.