Billionaires and Millionaires Who Bought Their Own Sports Teams

David Letterman

Net worth : $400 million
Owns : Rahal Letterman Lanigan IndyCar Racing Team

David Letterman, otherwise commonly referred to as the “king of late-night,” used to be everyone’s favorite talk show host for 33 years. That’s an accomplishment on its own, but after he retired, he wanted to add some more success to his name. He started interviewing famous people on his Netflix series, ‘My Next Guest Needs No Introduction.’

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Source: Maxim

Letterman owns the Worldwide Pants company, which produced Everybody loves Raymond as well as The Late Late Show. Letterman also owns Rahal Letterman Lanigan Racing. The team races in a tournament called United SportsCar Championship, but it used to be known as the American Le Mans Series. This racecar team is based in Ohio and sometimes competes in the NTT IndyCar Series.

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