How every MLB owner made their fortune, from Stan Kroenke to Steve Cohen

Stan Kroenke purchased majority ownership of the Los Angeles Angels from Arte Moreno at a record price. David Rubenstein, a co-founder of the Carlyle Group, invested his private equity fortune into the Baltimore Orioles and has shown early signs of increased spending. John Henry built his wealth through commodities trading and now controls Fenway Sports Group, which owns the Boston Red Sox and Liverpool FC, though his management of multiple assets has led some Red Sox fans to question his commitment to winning. The Steinbrenner family accumulated their fortune through the shipping industry before George Steinbrenner purchased the Yankees in the 1970s, with his son Hal now running operations and managing the team's payroll more conservatively than his father did.

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