December 23, 2023
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Patrick Bet-David, minority owner of the New York Yankees, revealed that he currently owns just less than 1% of the Major League Baseball team, which equates to a significant investment as the team is valued at around $7.7 billion. However, Patrick didn't stop there - he also revealed he recently bought more shares in the team, demonstrating his further commitment and passion for the club. He also hinted at dreams of becoming a majority owner one day. Although his goal may seem ambitious, Patrick is keen to establish a lasting legacy for his family. Despite this, he did confess that it would be difficult to take over the Yankees because the family is unlikely to sell. Expanding on future plans, Patrick suggested he might be interested in buying sports teams closer to his Miami home.
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