Brooklyn Nets and New York Liberty owners Clara Wu Tsai and Joseph Tsai are ending their nearly 30-year marriage.
A spokesperson for the prominent couple told Page Six in an exclusive statement, “Clara Wu Tsai and Joe Tsai have decided to end their marriage, a decision they came to mutually and with great respect for one another. “Over the years, their relationship evolved into more of a partnership, one of running their businesses and raising their children together. While they have grown apart, their divorce is amicable and their relationship remains a strong, professional partnership.”
The couple married on October 6, 1996, at the Park Avenue Christian Church in New York.
Joseph Tsai, 62, is a Taiwanese-Canadian billionaire business magnate, lawyer, and philanthropist.
He is a co-founder and chairman of the Chinese multinational technology company Alibaba Group.
Clara Wu Tsai was born in 1966 in Lawrence, Kansas, and is a businesswoman and philanthropist.
“Joe will remain Chairman and Clara will remain Vice Chair of Brooklyn Sports and Entertainment. Joe will remain Governor of the Brooklyn Nets and Clara will remain Governor of the New York Liberty. They will continue to own and be stewards of the teams with professional management in place as they always have.”
Tsai and Wu have three children.
“In the long run, they also plan to involve their children,” the statement added, referring to their grown kids: Dash, Alex and Jacob.
The statement continued that business operations would remain unchanged.
According to the statement, the couple will “remain deeply committed to continuing their existing philanthropic and community work.”
Their foundation has become one of the nation’s most prominent.
The couple launched the Joe and Clara Tsai Foundation in 2014, an organization focusing on arts, science and social justice. In 2020, they created the Social Justice Fund — pledging $50 million — to aid economic mobility in Brooklyn.
Clara Wu Tsai is a co-owner of the Brooklyn Nets of the National Basketball Association, the New York Liberty of the Women’s National Basketball Association, the San Diego Seals of the National Lacrosse League, and Barclays Center.
Tsai, with his wife Clara Wu Tsai, owns the Brooklyn Nets of the National Basketball Association, the New York Liberty of the Women’s National Basketball Association, the San Diego Seals of the National Lacrosse League, and has interests in several other professional sports franchises.
Clara, who is a Stanford University and Harvard University alum, is also a founding partner for REFORM Alliance to help reform criminal justice.
The two have been visible pillars of the sports and philanthropy landscape for nearly three decades.
Joe and Clara were last seen speaking at The Asian American Foundation Heritage Month Summit and Celebration in May 2026.