Joe Tsai and his wife Clara Wu Tsai are the current majority owners of the Brooklyn Nets, holding about 85% of the franchise.

Quick Scoop: Who owns the Brooklyn Nets?

  • The Brooklyn Nets are primarily owned by billionaire Joe Tsai, co-founder of Alibaba Group.
  • His wife, Clara Wu Tsai, is also listed as a majority co-owner alongside him.
  • A minority stake (around 15%) is held by members of the Koch family (Julia, David Jr., Mary Julia, and John Koch).
  • The team and Barclays Center are operated through BSE Global, the holding company Tsai controls.

How Joe Tsai took over

  • In 2017, Tsai first bought a 49% stake from then‑owner Mikhail Prokhorov, with an option to take control later.
  • In 2019, he exercised that option, acquiring full ownership of the Nets and also buying Barclays Center in a separate deal worth nearly 1 billion dollars.
  • The NBA Board of Governors approved the sale in September 2019, making Tsai the official team governor.

What about Jay-Z?

Fans still associate the Nets with Jay‑Z, but his ownership stake was always small and is now in the past.

  • Jay‑Z held a tiny minority stake when the franchise moved to Brooklyn, helping shape the brand and image.
  • He later sold his shares, and he is no longer an owner; today, the power firmly sits with Joe and Clara Wu Tsai.

Why this matters now (latest context)

  • Under Tsai’s ownership since 2019, the Nets have gone through big swings: superstar eras, major trades, and retools around draft picks and younger talent.
  • As of the mid‑2020s, Tsai remains the face of Nets ownership and is deeply involved in both basketball decisions and the broader business (including the arena and related sports/entertainment assets).

In short: if you’re wondering who owns the Brooklyn Nets right now, think Joe and Clara Wu Tsai at the top, with a smaller slice held by the Koch family, all wrapped under BSE Global.

TL;DR: Joe and Clara Wu Tsai are the majority owners of the Brooklyn Nets (about 85%), with the remaining minority stake held by Koch family members, and no current ownership role for Jay‑Z.

Information gathered from public forums or data available on the internet and portrayed here.