The Indian Premier League or the IPL as we call it famously has been a game-changer for the sport in the country. Undoubtedly, the biggest league status cricket in the world. The IPL has fans not only in India but all over the world. With players from around the world competing to find a buyer, the event is nothing less than a celebration. The league is a mix of glamour and glitz with the sport. The action packed tournament is the most watched league cricket in the world. It is often considered to be one of the stepping stones in modern day cricket. The IPL has indeed changed the game at a global level.
There are 8 teams in the tournament and all the teams have their fair share of fans. The players are auctioned every few years and this bidding determines the fate of the cricketers. The teams have a fixed amount of money that they can spend for every auction hence, the bidding has to be very planned and calculative. Here we bring the IPL team owners list and their net worth.
1. Kings XI Punjab Owner – Preity Zinta
KingsXI Punjab, the team based in Mohali, Punjab is owned jointly by Ness Wadia of the Wadia group and Preity Zinta. The team is also co-owned by Mohit Burman and Karan Paul however, the face of the team is Preity Zinta. The bubbly girl of Bollywood has had a glamorous and successful career in the film industry. She is regular at all matches and supports the team with her presence. Whenever we think of Kings XI Punjab, we can imagine spotting Preity waving the team’s flag from the stands.
She believes and tells that “she can her involvement with the team is total. She is extremely passionate about the team and believes that she is the team’s good luck factor, so she wants to be there for everything”. She currently has a net worth of 10 million US dollars.
2. Delhi Capitals Owner – Parth Jindal (JSW)
The runner’s up of 2020 edition of IPL, Delhi Capitals has been the team to look forward. The team is jointly owned by the GMR group and the JSW group with an equal stake. The 13th edition was the best performance by the team, DC went on to play their first ever finals this year. The Delhi team was named Delhi daredevils in 2008, the name was changed 2 years back when 50 % stake was sold to the JSW group.
The net worth of Parth Jindal of the JSW group varies from 1 to 5 million USD. At 30, Parth Jindal is the youngest franchise owners along with an equal stake shared by GMR.
3. Rajasthan Royals Owner – Manoj Badale (British Asian Trust)
Rajasthan Royals, a franchise based in Jaipur, Rajasthan has been one of the most talked about the franchise. The team often referred as the Moneyball team of IPL won the inaugural edition of the league in 2008. Though the team has not won any title sans 2008, it has given the other teams a tough run for their money.
The team owner is Manoj Badale who has a net worth of 160 million USD.
4. Royal Challengers Bangalore Owner – Vijay Mallya (United Spirits)
One of the most talked about teams in the league is the Royal Challengers Bangalore. It has been the talk of the town ever since its inception. The team has not been able to grab the title, however, it has been runner’s up on three occasions in 2009, 2011 and 2016. The team is owned by liquor baron Vijay Mallya who owns the major stake in United Spirits. The net worth of Vijay Mallya is approximately 600 million USD.
5. Kolkata Knight Riders Owner – Shah Rukh Khan and Juhi Chawla (Red Chillies Entertainment)
The team based in the city of Kolkata, West Bengal, KKR has had a successful stint in the league. The team has won the title on 2 occasions i.e. 2012 and 2014 under the captaincy of Gautam Gambhir. The ownership of the team is shared by Red Chillies Entertainment and the Mehta group with Red Chillies having a major stake. The team always had an indulgence of stardom and with Bollywood superstar Shah Rukh Khan you can expect nothing less.
The net worth of Shah Rukh Khan is around 640 million USD.
6. Sunrisers Hyderabad Owner – Kalanithi Maran (Sun TV Network)
The team of Sun risers Hyderabad is based in Hyderabad, Telangana. The team has won the title once in 2016 and the erstwhile Deccan Chargers had won the second edition of IPL in 2009. The team Deccan Chargers was founded in 2008 and was owned by Deccan Chronicle. After Deccan Chargers went bankrupt, the team was bought by Sun TV network in 2013.
Sun TV is one of the largest media and entertainment companies in the country with 32 channels and 45 FM radio stations. The owner Kalanithi Maran’s net worth is 1.6 billion USD.
7. Chennai Super Kings Owner – N Srinivasan (India Cements)
Chennai Super Kings is the most loved team amongst all the other teams. The team has emerged as champions on 3 occasions in 2010, 2011 and 2018 under the captaincy of Mahendra Singh Dhoni. CSK has the best winning percentage in the tournament. It also holds the record of being the only team to have appeared in all playoffs except 2020. Highest number of final appearances is also with CSK. The team was banned for 2 years after the spot fixing scandal along with Rajasthan Royals.
N Srinivasan, head of India Cements is the owner of this franchise, he was also the former ICC Chairman. The net worth of N Srinivasan is an approximate 80 million USD.
8. Mumbai Indians Owner – Mukesh Ambani (Reliance)
Mumbai Indians is the most successful franchise in the tournament. It has a whopping 5 titles and has lately been very successful in the IPL, winning 3 titles out of the last 4. The team is owned by India’s biggest conglomerate Reliance. Mukesh Ambani is the sole owner of the team. It is no surprise that the team owner is also the second richest sports team owner in the world second only to Steve Balmer owner of Los Angeles Clippers of the NBA. With a net worth of 75 billion USD, Mukesh Ambani tops the list of the richest team owners of the country.
This ends the list of IPL team owners and their net worth. As far as the IPL teams are concerned they are bound to keep competing with one another and the team owners are also competing in the terms of net worth.