The Indian Premier League (IPL), launched in 2008, revolutionized cricket by blending sport with entertainment, evolving from a bold experiment into a global phenomenon. The owners behind these teams have been pivotal in this transformation.
From Mukesh Ambani’s financial might propelling Mumbai Indians to five titles, to Shah Rukh Khan’s star power elevating Kolkata Knight Riders, these visionaries redefined cricket’s landscape. Industrialists like N Srinivasan and Sanjiv Goenka brought business acumen, while Preity Zinta and Juhi Chawla added celebrity allure. The league’s franchise model drew inspiration from American sports, but its Indian flair—Bollywood glamour, passionate fandom, and high-stakes auctions—set it apart. Over 17 seasons, the IPL has expanded to 10 teams, with valuations soaring past $1 billion for top franchises like Mumbai Indians and Chennai Super Kings. Check out the team owners of the IPL teams, and their net worth
Check Out The Net Worths of IPL Team Owners
Mumbai Indians
Owners: Mukesh & Nita Ambani
Net Worth: ₹8.6 lakh crore
Mukesh Ambani, with a net worth of ₹8.6 lakh crore, is India’s richest man and chairman of Reliance Industries, a conglomerate spanning telecom (Jio), petrochemicals, retail, and energy. His wife, Nita Ambani, plays a pivotal role in sports ventures. They acquired the Mumbai Indians in 2008 through Indiawin Sports, a Reliance subsidiary. Under their ownership, MI has become the IPL’s most successful team, winning five titles (2013, 2015, 2017, 2019, 2020). The Ambanis have expanded MI’s global presence with sister franchises in leagues like the Women’s Premier League and Major League Cricket.
Royal Challengers Bengaluru
Owner: United Spirits (Diageo)
Annual Revenue: ₹26,018 crore
United Spirits, a subsidiary of Diageo, acquired Royal Challengers Bengaluru (RCB) in 2008 under Vijay Mallya’s leadership, then chairman of the company. After Mallya’s exit due to financial troubles, Diageo assumed full control. RCB, named after the Royal Challenge whisky brand, has yet to win an IPL title but remains a fan favourite, reaching the finals thrice (2009, 2011, 2016). Prathmesh Mishra now chairs the franchise, which also owns a Women’s Premier League team.
Chennai Super Kings
Owner: N Srinivasan
Net Worth: ₹720 crore
Chennai Super Kings is owned by N Srinivasan, who is the managing director of India Cements, a leading cement manufacturer. A former BCCI president, Srinivasan’s no-nonsense approach has made CSK one of the IPL’s most successful teams, clinching five titles (2010, 2011, 2018, 2021, 2023). Despite a two-year ban (2016-2017) due to a betting scandal, CSK bounced back stronger under his leadership. Srinivasan’s wealth stems from his stakes in India Cements, valued at around ₹720 crore.
Punjab Kings
Owners: Preity Zinta - ₹183 Crore
Mohit Burmam - ₹74,039 Crore
Ness Wadia - ₹548 Crore
Preity Zinta, Ness Wadia, Karan Paul, and Mohit Burman co-own Punjab Kings. Burman holds a 46% stake, while Zinta owns 23%, and she is the face of the franchise. Punjab Kings have been a perennial strugglers, reaching the IPL final only once (2014). The franchise, rebranded from Kings XI Punjab in 2021, also owns a Caribbean Premier League team.
Delhi Capitals
Owners: Kiran Grandhi - ₹14,130 Crore
Parth Jindal - ₹64,000 Crore
Delhi Capitals are co-owned by Kiran Grandhi (net worth ₹14,130 crore) of GMR Group and Parth Jindal (₹64,000 crore) of JSW Group. Originally, GMR Group, an infrastructure giant, bought the club in 2008, and JSW joined ten years later, acquiring a 50% stake from GMR for ₹550 crore.
Sunrisers Hyderabad
Kavya Maran (Sun TV Network)
Net Worth: ₹409 Crore
Kavya Maran, with a net worth of ₹409 crore, represents Sunrisers Hyderabad (SRH), owned by her father Kalanithi Maran’s Sun TV Network. The media conglomerate, a South Indian entertainment leader, acquired SRH in 2012 for $158 million after Deccan Chargers’ termination. Kavya, the CEO since 2020, actively manages auctions and operations. SRH won the IPL in 2016, defeating RCB in the final.
Kolkata Knight Riders
Shah Rukh Khan - ₹7,300 Crore
Juhi Chawla - ₹4,300 Crore
Shah Rukh Khan and Juhi Chawla along with her spouse Jay Mehta, jointly own the Kolkata Knight Riders (KKR). The Bollywood superstar and actress purchased the franchise in 2008, holding a 55% stake through Red Chillies Entertainment and 45% via Jay Mehta’s Mehta Group respectively. KKR has clinched three Indian Premier League (IPL) titles in 2012, 2014, and 2024. Regularly spotted at Eden Gardens, Khan has transformed KKR into a global brand, which includes a sister franchise in the Caribbean Premier League.
Rajasthan Royals
Manoj Badale - ₹1330 Crore
Lachlan Murdoch - ₹200 Crore
Manoj Badale (net worth ₹1,330 crore) and Lachlan Murdoch (₹200 crore) lead Rajasthan Royals’ ownership. Badale’s Emerging Media IPL Ltd. holds a 65% stake, acquired in 2008 for $67 million, while Murdoch, a media mogul from Fox Corporation, joined later. The Royals won the inaugural IPL in 2008 but faced a two-year ban (2016-2017). In 2021, RedBird Capital Partners bought a minority stake, strengthening the franchise.
Lucknow Super Giants
Sanjiv Goenka (RPSG Group)
Net Worth: ₹34,000 crore
Sanjiv Goenka, with a net worth of ₹34,000 crore, owns Lucknow Super Giants (LSG) through the RPSG Group, a conglomerate in power, retail, and entertainment. He won the franchise rights in 2021 for ₹7,090 crore. Goenka, chairman of RPSG, leverages his business empire—built by his father R.P. Goenka—to fuel LSG’s rapid rise. They signed Rishabh Pant as their captain for the ongoing season.
Gujarat Titans
Torrent Group (Annual Revenue: ₹37,000 crores)
CVC Capitals (Annual Revenue Unknown)
CVC Capitals, a Luxembourg-based private equity firm, bought GT in 2021 for ₹5,625 crore, later selling a 67% stake to Torrent, an Ahmedabad-based pharmaceutical and power giant, in 2025 for ₹5,035 crore. GT stunned the IPL by winning the title in their 2022 debut season and finishing runners-up in 2023. Torrent Group bought a controlling stake from CVC this year.as
