Arsenal owner Stan Kroenke's huge net worth after his fortune skyrockets by £11billion

Arsenal owner Stan Kroenke is having a fantastic season on and off the pitch after seeing his wealth skyrocket.

The Gunners are currently the favourites to clinch the Premier League title following an impressive start. Mikel Arteta's squad have established a six-point lead over Manchester City, with eight victories in 10 matches.

This success validates the club's hefty £250million summer expenditure, which brought players such as Viktor Gyokeres, Noni Madueke and Eberechi Eze to the Emirates Stadium. This spending spree appears to have barely dented Kroenke's fortune, which now stands at a staggering £17.7bn, according to the Bloomberg Billionaires Index and Forbes.

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This represents an astonishing increase of more than £11bn from just four years ago, when his net worth was approximately £6.4bn. A significant portion of Kroenke's wealth can be attributed to his property portfolio, which includes an estimated 60million square feet of commercial real estate. He also owns more than 1.6million acres of ranches across the United States and Canada.

In the world of sport, Kroenke has been Arsenal's majority shareholder since 2011. He also owns the NBA's Denver Nuggets, ice hockey team the Colorado Avalanche, and MLS side the Colorado Rapids.

In addition, he owns the Los Angeles Rams, having moved the franchise back to California from St Louis in 2016. Amid the team's lack of trophies since the latter part of Arsene Wenger's tenure, Kroenke has faced criticism from Gunners fans for the team's lack of success.

That criticism has diminished in recent times, as Arteta has turned Arsenal into genuine title challengers with three consecutive second-place finishes in the Premier League. Given the Gunners' squad depth now, this campaign feels like the club's best chance to secure the league title for the first time since the Invincibles season of 2003/04.

A solid defence and set-piece prowess have been the foundation of Arsenal's form so far this term. Earlier this week, the Gunners extended their winning run across all competitions into double figures with a 3-0 triumph over Slavia Prague.

That game also matched a club record for successive clean sheets and saw a Champions League record fall when Max Dowman came off the bench aged 15 years and 308 days to become the competition's youngest-ever debutant.

Arsenal also equalled the 1969/70 Leeds United side, which, until Tuesday, had been the sole English team in European Cup or Champions League history to claim their opening four matches without conceding a goal. Despite numerous injury worries in attacking areas, the Gunners juggernaut continues rolling forward.

Arteta praised the mindset of his players to constantly crave more. After his side's eighth consecutive clean sheet matched a club record stretching back to 1903, Arteta said: "That's a long time ago, so it tells you about the difficulty of achieving it.

"There's a lot of work there to achieve that. The most pleasing thing is probably not the record, it's the mindset of the players. They are talking about how we can still do better."