Biography & Early Wealth Journey

(Robin Marchant/Getty Images)

(Robin Marchant/Getty Images)

The Miami Heat is reportedly valued at $1.3 billion, which means that to own one percent of the team, Khaled would have to shell out $13 million. Khaled has a net worth of $18 million, meaning he would actually have the capital to buy a one percent stake of the Heat if the opportunity presented itself. Whether or not that would ever actually happen, remains to be seen.

Khaled wouldn't be the first hip-hop related act to foray into sports team ownership. Perhaps the most famous example of hip-hop meeting the hardwood is Jay Z's part-ownership of the Nets, a stake that he held from 2005 until 2013.