How family offices bet on sports from fantasy apps to ski resorts
Key Points
- A third of investment firms of the ultra-rich have invested in sports, according to a new family office survey by BNY Mellon.
- While billionaire sports-team buyouts get the headlines, family offices are increasingly investing in adjacent assets like live-viewing venues and betting apps.
- Here’s how the family offices of ultra-rich sports team owners like David Blitzer and Dan Gilbert are spreading their bets.
Read More: How family offices bet on sports from fantasy apps to ski resorts