The Indian Premier League (IPL) has gained global recognition and a massive viewership due to its thrilling matches, top-notch players, and unmatched entertainment. Several prominent individuals possess team ownership in the league and wield significant influence over the narrative, both within and beyond the playing field. It encompasses Bollywood celebrities, prominent business figures, and large corporations. We examine the fascinating individuals involved in the cricket extravaganza by delving into the ownership details, financial circumstances, and broader implications of each IPL club. Explore the world of the richest IPL team owners in 2024, from Bollywood icons to business magnates.
Meet the Richest IPL Team Owners!
Mumbai Indians Owner – Mukesh Ambani
The Mumbai Indians (MI) have established themselves as the most successful team in the history of the IPL, with a remarkable track record of winning more games than any other team. Mukesh Ambani holds a significant position as the chairman and largest shareholder of Reliance Industries Limited (RIL). Indian Sports, a subsidiary of MI, is expected to enhance MI’s performance and contribute to the Ambani family’s diverse portfolio of retail, petrochemical, and telecom businesses. As per Forbes, Ambani is among the wealthiest individuals globally, boasting a net worth of approximately 8.08 lakh crore Indian rupees.
Kolkata Knight Riders Owner – Shahrukh Khan
The Kolkata Knight Riders (KKR) infuse their cricketing abilities with a touch of Bollywood, thanks to the iconic Shahrukh Khan. Many individuals in India and around the globe have a strong affinity for Khan’s Bollywood productions. The KKR brand reflects the influence of Khan’s personality and passion for the game, thanks to his production firm, Red Chillies Entertainment, which holds the majority share. The Mehta Group’s acquisition by KKR marks the completion of a significant milestone. Undoubtedly, Khan’s staggering $63 billion fortune has solidified his status as one of the most prominent figures in the entertainment industry.
Chennai Super Kings Owner – N. Srinivasan
Under the strategic leadership of N. Srinivasan, the Chennai Super Kings (CSK) have established themselves as a symbol of consistency and magnificence. Srinivasan’s astute ownership and prominent position in the administration of Indian cricket as Vice Chairman and Managing Director of India Cements Limited have been instrumental in CSK’s success. Thanks to CSK’s numerous titles and enduring popularity among fans worldwide, Srinivasan has amassed a net worth of INR 720 crore since assuming the coach role.
Royal Challengers Bangalore Owner – Diageo Group Company
The connection between the Royal Challengers Bangalore (RCB) and the liquor baron Vijay Mallya is often believed. United Spirits Limited, a subsidiary of the multinational alcoholic beverage company Diageo Group, owns the team. Diageo Group, whose net worth exceeds INR 6,000 crore, provides RCB with significant financial support as they strive for IPL supremacy.
Delhi Capitals Owner – Parth Jindal
The Delhi Capitals (DC) ownership, formerly the Delhi Daredevils, underwent a significant change when GSW Sports, headed by the young and brilliant Parth Jindal, bought out a large portion of GMR Group. The 31-year-old Jindal is part of the latest crop of IPL owners, and he brings with him the sharp financial acumen he honed at the family company JSW Group. With his net worth of INR 706.3 crore, Jindal is a promising leader for DC’s future.
Rajasthan Royals Owner – Manoj Badale
Thanks to Manoj Badale’s ownership, the Rajasthan Royals have regained their stability and escaped legal issues. Badale’s co-owners, Lachlan Murdoch and RedBird Capital Partner, have enormous sports investment and managerial expertise. With this information in hand, he will steer RR toward lasting success. Playing well and executing plans to improve the team’s reputation is part of Badale’s strategy, which has a value of $160 million.
Sunrisers Hyderabad Owner – Kalanithi Maran
The media mogul Kalanithi Maran has taken over as the Sunrisers Hyderabad (SRH) coach, formerly the Deccan Chargers. Maran and his daughter Kavya control the extensive Sun Group television and radio station network worth $240 crore. Maran has influenced SRH’s brand and attracted fans of all ages and backgrounds in ways that extend far beyond the cricket field.
Gujarat Titans Owner – CVC Capitals
The Gujarat Titans (GT), the newest addition to the Indian Premier League (IPL), herald the start of a fresh chapter for the league with their ownership by CVC Capitals. This private equity firm has a global portfolio that includes sports franchises. By acquiring CVC Capitals, a company with a net value of $155 billion, GT becomes a formidable financial opponent in the fiercely competitive IPL competition.
Punjab Kings Owner – Preity Zinta
Punjab Kings (PBKS) owners comprise a motley crew that includes Bollywood actress Preity Zinta, millionaire Ness Wadia, and actors Mohit Burman and Karan Paul; the team was once known as Kings XI Punjab. Although Zinta steals the show, Mohit Burman shines as the primary partner and decision-maker at PBKS. Burman, worth $8.9 billion, and Zinta, a star in her own right, constitute an impressive entertainment and business pair.
Lucknow Super Giants Owner – Sanjeev Goenka
Sanjeev Goenka is making his IPL debut with the Lucknow Super Giants (LSG). Goenka is the focal point of RPSG Group. As an accomplished entrepreneur, Goenka brings a diverse set of interests to LSG, spanning the retail, energy, and infrastructure sectors. With Goenka’s $270 crore fortune and strategic expertise, LSG has taken a giant leap ahead by becoming an IPL team.
Conclusion
Lastly, the Indian Premier League is more than just a sporting event; it’s also a meeting place for entrepreneurs, artists, and fans. A fresh, intricate web of ownership links, financial interests, and strategic manoeuvring emerges with every wicket, adding to the league’s timeless history and irresistible charm. While the Tata IPL 2024 is going down, all eyes will be on the aspiring franchise owners. Cricket fans worldwide are rejoicing in their teams’ historic victories, which are a direct result of their steadfast enthusiasm, boundless resources, and relentless commitment.
The Richest IPL Team Owners and Their Billion-Dollar Venture!
