June 6, 2019 10:49 AM PT. You bring it up because you really care, and I think its nice that you care, the rest of us dont care, Palihapitiya said, while Calacanis reacted in surprise. Today they announced the addition of Wade. Chamath Palihapitiya is a Bay Area entrepreneur who was an original member of the Facebook management team. Stevens became a minority owner of the Warriors in 2013, when he purchased the stake in the team held by current Sacramento Kings principal owner Vivek Ranadive. Silicon Valley billionaire Golden State Warriors Chamath Palihapitiya They decided to pull an end run around Sal Galatioto and approach Cohan directly. Billionaire Chamath Palihapitiya, a minority owner of the Golden State Warriors alongside majority owners Peter Guber and Joe Lacob, expressed what he called "a very hard, ugly truth" about . Eagles Players And Coaches As MLR Owners. Coming in at No. The day that the Warriors got new owners and a new coach - The Mercury News They all have some affinity for the game, and they all have a lot of sway in a league swimming in cash. Human rights in China is a third-rail topic for the NBA. Why it matters: Its not just that Ballmer tops the list; its by how much. He is worth $2.3 billion, according to . Palihapitiya is listed as an executive board member on the Warriors' website. While he was with the firm, he led investments in over 50 startup companies. The Sacramento Kings, Milwaukee Bucks, Los Angeles Clippers, and Houston Rockets all subsequently broke the record, but the Golden State Warriors turned NBA valuations on their head by selling for $450 million in 2010. You bring it up because you really care, and I think thats nice that you care. Chris Cohan. San Francisco 49ers ownership at a glance I care about the fact that our economy could turn on a dime if China invades Taiwan. The NBA on Thursday fined Golden State Warriors minority owner Mark Stevens $500,000 and banned him from games and all other team events for . Ap/Jed Jacobsohn. 2. As the bidding reached $400 million, Lacob and Guber realized that they could not stay in the competition against a billionaire much longer.