Everything You Need to Know About IPL Team Owners and Their Net Worth

Since its inception, the Indian Premier League (IPL) has attracted eyeballs from various verticals. Over the years its value has only increased and the league has contributed immensely to the GDP of the Indian economy. 

After fifteen seasons of its existence, the league is regarded as one of the leading sports leagues around the world. Not only the quality of cricket, but the investment put behind the formation and operation of teams has played a major role to make this league a grand success. 

It is the owners and their passion for cricket that have aided the teams to put up a strong show on and off the field. Business firms, Bollywood actors, and multinational conglomerate companies – all have shown interest to own franchises in the Indian Premier League. But do you know who they are?

IPL team owners and their net worth

In its initial days, IPL was an 8-team affair, but now the number of teams has grown up to ten. Some teams are entirely owned by business firms. Actors of Bollywood also have stakes in some teams. A number of franchises are jointly owned. Check out who are the investors of your favorite IPL teams.

Mumbai Indians

Owned by – Reliance Industries

Net worth of owner(s)– $8760 crore

The Mumbai-based franchisee is owned by India’s biggest conglomerate Reliance Industries, through its 100% subsidiary India Sports. Mukesh Ambani, currently the 9th richest in the world, holds the positions of the Chairman and Managing Director of the conglomerate. His wife and son are regularly seen in the stadium when the team plays.

Mumbai Indians owner Mukesh Ambani with his family and players of the team
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Delhi Capitals

Owned by – GMR Group and JSW Group

Net worth of owner(s)– $1600 crore

Initially, the Delhi-based franchise was entirely owned by GMR Group. In March 2018, GMR sold a 50% stake in the franchise to JSW Sports for ₹550 crores. The current chairman of the team is Parth Jindal.

Chennai Super Kings

Owned by – India Cements

Net worth of owner(s) – ₹3177 crore

The four-time IPL champions are owned by a leading manufacturer and supplier of cement. Currently, the company’s managing director is N. Srinivasan who was a former President of the Board of Control for Cricket in India.

Chennai Super Kings owner N. Srinivasan
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Sunrisers Hyderabad

Owned by – SUN Group

Sunrisers hyderabad owner
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Net worth of owner(s) – $260 crore

After the Hyderabad-based Deccan Chargers were terminated by the IPL, Sunrisers Hyderabad was founded in 2012. The franchise is owned by Kalanithi Maran of the SUN Group, an Indian media conglomerate. 

Lucknow Super Giants

Owned by – RPSG Ventures Ltd.

Lucknow Super Giants owner Sanjeev Goenka
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Net worth of owner(s) – $230 crore

The principal owner of the team is Sanjeev Goenka. The entrepreneur’s multinational conglomerate is headquartered in Kolkata. Goenka has invested in various sectors, such as power and energy, retail, IT-enabled services, FMCG, media, and entertainment, etc.

Royal Challengers Bangalore

Owned by – United Spirits and Culver Max Entertainment

Net worth of owner(s) – ₹15778 crore

RCB owner

Initially owned by Vijay Mallya, the Bengaluru-based team is currently co-owned by United Spirits and Culver Max Entertainment. United Spirits is in the beverages industry while Culver Max Entertainment is an Indian media conglomerate.

Kolkata Knight Riders

Owned by – Red Chillies Entertainment and Mehta Group

Net worth of owner(s) – $75 crore

Kolkata’s franchise is owned by Bollywood actor Shah Rukh Khan, his co-star in various films and actress Juhi Chawla, and her husband Jay Mehta. Shah Rukh has been one of the highest-paid actors in India and has brought his glamorous flair to the team.


Shah Rukh Khan with IPL trophy
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Rajasthan Royals

Owned byManoj Badale, RedBird Capital Partners, and Lachlan Murdoch

Net worth of owner(s) – $613 crore

RR ownerManoj Badale is an Indian-born businessman and co-founder of the venture capital firm Blenheim Chalcot. RedBird Capital Partners is a private investment firm headquartered in New York. Lachlan Murdoch is a British-Australian businessman and CEO of Fox Corporation. Badale holds a 65% stake, whereas Murdoch and RedBird Capital Partners are key minority stakeholders.


Punjab Kings

Owned by – Preity Zinta, Mohit Burman, Ness Wadia, and Karan Paul

Net worth of owner(s) – $1350 crore

Mohit Burman, Director of Dabur India, holds the biggest share (46%), whereas Bollywood actress Preity Zinta owns 23% of the share. Businessmen Wadia and Paul also have substantial amounts of shares in the franchise.

Punjab Kings co-owner Preity Zinta
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Gujarat Titans

Owned by – CVC Capital Partners

Net worth of owner(s) – $12500 crore

Gujrat TitansA Luxembourg-based French private equity and investment advisory firm owns the Ahmedabad-based franchise which won the IPL in the 2022 edition. The firm has invested in sectors like IT and retail.

Here is the list of all team owners and their net worth



Owners Debut

Net Worth of Owner(s)

Mumbai Indians India Sports – Reliance Industries 2008 $8760 crore
Delhi Capitals GMR group and JSW group 2008 $1600 crore
Chennai Super Kings India Cements 2008 ₹3177 crore
Sunrisers Hyderabad SUN Group United Spirits Limited 2013 $260 crore
Lucknow Super Giants RPSG Ventures Ltd. 2022 $230 crore
Royal Challengers Bangalore United Spirits and Culver Max Entertainment 2008 $15778 crore
Kolkata Knight Riders  Red Chillies Entertainment and Mehta Group  2008 $75 crore
Rajasthan Royals Manoj Badale, Lachlan Murdoch, Redbird Capital Partners 2008 $613 crore
Punjab Kings Preity Zinta, Mohit Burman, Ness Wadia, and Karan Paul 2008 $1350 crore
Gujarat Titans CVC Capital Partners 2022 $12500 crore


Wrap up

Indian Premier League is one of the fastest-growing sports brands in the world. In this constantly growing market, the IPL owners are the major shareholders in shaping the future of the IPL. Also, with the kind of money and profit that is involved with the IPL, we might see more and more big companies and individuals trying to get associated with the league.

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