Nike's founder, a Walmart heiress, and the owner of the Dallas Cowboys are among the billionaires bankrolling March Madness Sweet 16 schools [Fortune]
Rocket Companies, Inc. Class A (RKT)
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Source: Fortune
Among them are Nike's founder, a Walmart heiress, and the owner of the Dallas Cowboys. Several of the powerhouse teams bankrolled by billionaires are favored to win in the first March Madness round starting Thursday. Considering the sports entertainment industry is estimated to be worth $2 trillion , it's no surprise America's ultrawealthy are eager to throw money at the nation's storied college athletics programs. There is a healthy list of more than a dozen billionaires who are bankrolling the schools in this year's March Madness tournament. Some of these high-net-worth individuals are household names, while others have amassed their fortunes away from the spotlight. Some of the most recognizable names making major donations to March M
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