IPL Team Owners List 2024: Cricket fans froth at the mouth waiting for the IPL Auction, where franchises splurge on superstars to build T20 juggernauts. While the players bask in the spotlight, the deep-pocketed owners hold the purse strings for these cricketing cash cows. Let’s pull back the curtain on the big fish who enable their teams to net cricket’s best talent.
IPL Team Owners List Of 2024
The IPL is not just a cricket league; it’s a playground for billionaires and Bollywood stars. Ownership changes and financial acumen play a crucial role in a team’s success. The IPL auction is a high-stakes battlefield where fortunes are made and squads are sculpted.
In a league fueled by passion, wealth, and star power, these team owners are the architects of dreams and the driving force behind IPL’s spectacular saga.
Mumbai Indians
| Owner | Mukesh Ambani |
| Net Worth | $100 Billion |
India’s richest man bleeds blue and gold as owner of the five-time IPL champs. With a net worth of over $100 billion, Ambani spares no expense in assembling a star-studded lineup, much to the delight of Mumbai’s devoted fans.
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Kolkata Knight Riders
| Owner | Shah Rukh Khan Juhi Chawla |
| Net Worth | $63 Billion |
The Badshah of Bollywood teams up with leading lady Juhi Chawla to rule over Kolkata as dual monarchs. Though SRK’s Red Chillies Entertainment owns a majority stake, Juhi’s infectious enthusiasm electrifies fans. An unpredictable team, but box office dynamos off the field.
Chennai Super Kings
| Owner | N. Srinivasan |
| Net Worth | $7 Billion |
The Dhoni-Srinivasan partnership has been a winning formula for CSK. This cement tycoon’s net worth of around $7 billion enables Chennai to repeatedly cement itself as a playoff contender. A true Southern superpower.
Royal Challengers Bangalore
| Owner | United Sprints |
| Net Worth | 6,000 Crore INR |
With Vijay Mallya absconding amidst financial fraud, his RCB shares were acquired by United Spirits Limited. Their CEO Hina Nagarajan oversees auction strategy, but the team still thirsts for their first IPL Trophy.
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Punjab Kings
| Owner | Preity Zinta Ness Wadia Mohit Burman Karan Paul |
| Net Worth | Diverse |
Though other stakeholders Ness Wadia, Mohit Burman, and Karan Paul own larger shares. Bollywood glamour girl Preity Zinta is the face of Punjab Kings with a 23% stake. She energizes fans with her signature dimpled smile, but her infectious enthusiasm hasn’t reversed Punjab’s inconsistent performances.
Delhi Capitals
| Owner | Parth Jindal GM. Rao |
| Net Worth | Diverse |
This corporate tag team of industrial bigwigs aims to transform Delhi from perennial underachievers into championship material. Parth Jindal’s youthful exuberance complements GM Rao’s auction day cunning.
Sunrisers Hyderabad
| Owner | Kalanithi Maran |
| Net Worth | $340 Crore USD |
The Southern media mogul empowers Hyderabad to consistently punch above their weight. While Maran operates behind the scenes, his daughter Kavya passionately supports their overachieving underdogs.
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Rajasthan Royals
| Owner | Manoj Badale |
| Net Worth | Diverse |
Badale’s investment transformed Rajasthan into the inaugural IPL champ. He still provides a nurturing environment to mentor future stars, though the Royals have struggled to replicate their initial fairytale success. Manoj Badale owns the 65% stake in the franchise along with minor ownership of Lachlan Murdoch and RedBird Capital Partners.
Gujarat Titans
| Owner | CVC Capitals |
| Valuation Increase | 38% post-IPL 2022 Victory |
This private equity firm acquired the new Gujarat franchise, then struck gold by triumphing in their debut season. Their shares have soared as high as Hardik Pandya’s lofty sixes.
Lucknow Super Giants
| Owner | Sanjiv Goenka |
| Bid Amount | Massive 7,000 Crore |
After shelling out ₹7,090 crore for a new team, this billionaire industrialist immediately struck paydirt. Young skipper KL Rahul guided Lucknow deep into the playoffs in their maiden voyage.
These financial powerhouses have placed colossal bets on cricket’s richest league. Their fortunes will rise or fall on the performances of their cricketing talents. But win or lose, IPL will continue to set new benchmarks for blockbuster sports entertainment.
Frequently Asked Questions
Who is the richest owner in IPL?
Mukesh Ambani, owner of Mumbai Indians, is the richest with a net worth of over $100 billion.
Which Bollywood celebrities own IPL teams?
Shah Rukh Khan co-owns Kolkata Knight Riders with Juhi Chawla. Preity Zinta is a co-owner of Punjab Kings.
Which owner has been part of IPL since the inaugural season?
Mukesh Ambani has owned Mumbai Indians since the first IPL season in 2008.
Which team is owned by a liquor company?
Royal Challengers Bangalore is owned by United Spirits Limited, an Indian alcoholic beverage company.
Which owner has won the most IPL titles?
Mukesh Ambani’s Mumbai Indians have won the IPL 5 times, the most by any team.
Which team owner has the highest net worth?
Again Mukesh Ambani has the highest net worth among all team owners at over $100 billion.
Which owner has a football club as well?
Sanjiv Goenka also owns the Indian Super League football club ATK Mohun Bagan.
Who purchased an IPL team for over ₹7000 crore?
Sanjiv Goenka spent over ₹7000 crore to acquire the Lucknow IPL franchise.
Whose company sponsored IPL initially?
IPL was initially sponsored by Lalit Modi’s company IndiaWin Sports Private Limited before BCCI took over.
Which team owner has film production companies?
KKR co-owner Shah Rukh Khan owns film production companies Red Chillies Entertainment and Mega Bollywood.
Who is the only team owner who is not Indian?
Manoj Badale, co-owner of Rajasthan Royals, is British-Indian and based in the UK.
Who is the youngest team owner in IPL?
Delhi Capitals co-owner Parth Jindal is the youngest owner in the IPL.
