Meet the Owners: IPL 2024 Team Ownership Details

If you are a IPL enthusiast, then you might be quite familiar with the recent ipl auction which broke the records in terms of most expensive players which were bought by various IPL franchise. The amount of money which was invested on players by the every IPL team owner was absolutely insane, and probably you would be curious to know about the IPL team owners name who puts their money on auction table in order to form a well balanced and match-winning team.

Earlier there were total 8 IPL teams, but now it has increased to 10 as the two new franchise has been introduced in the form of Gujarat Titans and Lucknow Supergiants. Hence, let us take a brief look on all the IPL owners and their nett worth as well.

List Of 10 IPL Team Owners Name

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1) Mumbai Indians Owner – Mukesh Ambani

If we talk about the owner of one of the most successful team of IPL Mumbai Indians who has won the IPL title 5 times till now, is owned by the India’s richest person, Mukesh Ambani. He invested in this franchise back in 2008 from the very first season of IPL and now it has became most popular among all IPL teams due to its continued success in the league.

The man with the networth of more than $100 Billion, always puts a entertaining show on the auction table by buying some pretty expensive players in his squad. However, Mukesh Ambani himself might not be seen in the stadium supporting this own team due to his busy schedule, but his wife Nita Ambani and Son Akash Ambani are always there with the team to encourage them.

2) KKR Owner – Shah Rukh Khan & Juhi Chawala 

Probably the most unpredictable team of the IPL, Kolkata Knight Riders is the 3rd most successive IPL franchise as they has won the IPL title 2 times in 2012 and 2014 and later that their performance is on declining side after their iconic captain Gautam Gambhir decided to took the retirement.

Kolkata Knight Riders is owned by the King Khan of Bollywood, Shah Rukh Khan and actress Juhi Chawla and his husband. Red Chillies Entertainment of Shah Rukh Khan owns 55% ownership in the KKR, whereas Juhi Chawala’s Mehta Group firm owns 45% stake in the team.

The SRK’s Net Worth of $63 Billion makes him the 2nd richest global star. Hence, fans should not get surprised to their recent buy of most expensive player of 24.75CR, who is none other than Australian lethal fast bowler Mitchell Starc.

3) CSK Owner – N. Srinivasan

Yet another iconic and most loved IPL team, Chennai Super Kings has established its legacy as they have 5 IPL trophies in their dressing room. It is also the most consistent team among all the teams. Except 2020 and 2022, Chennai Super Kings Managed to enter in the play-offs each and every time.

Chennai Super Kings is owned by the India Cements founder, Narayanaswami Srinivasan who has the total net worth of around $7 Billion Indian Rupees. The bond of N. Srinivasan and CSK captain Ms.Dhoni, led the CSK to establish as one of the best IPL team in terms of performance.

4) RCB Owner – United Sprints

The ownership of Royal Challengers Bangalore creates a bit of confusion among the people because of the former owner Vijay Mallya. It is true that, back in the days RCB was completely owned by the Vijay Mallya but after his corporate fraud he ran away to the london and now it is owned by the United Sprints, a Indian beverage and alcoholic company.

Moreover, The CEO of United Sprints limited, Hina Nagarajan plays a active role in the decision making of the squad selection of RCB. If we talk about the approximate worth of United Sprints company, it is said to be around 6,000 Crore INR. The USL always tried to form a explosive team in the auction yet they are finding their first ever IPL trophy.

5) Punjab Kings – Preity Zinta

The team who changes its squad in every 2-3 years, Punjab Kings was known as pretty strong team in the early years of the IPL league, but in the last 6-7 years it has been quite inconsistent with their performance despite being investing a huge amount of money in the auction.

The IPL Owner of Punjab Kings is not a single individual, it comprises four big corporate giants which also includes the popular bollywood actress Preity Zinta, Ness Wadia, Mohit Burman, and Karan Paul as a joint ownership of Punjab Kings.

However, Preity Zinta owns 23% stakes of the franchise but most of the people thinks the she has the majority of proportion when it comes to ownership of the Punjab Kings, that’s because she always makes herself available in the ground to support her team and waving the flag of Punjab than other 3 stakeholders.

6) Delhi Capitals – Parth Jindal & GM. Rao 

The former Delhi Daredevils and current Delhi Capitals comes under one of the most unsuccessful team of the IPL due to their continuous failure, except the 2020 season where they reached their first ever IPL final. 

Delhi Capitals is jointly owned by the two big industrials of the country, Parth Jindal and Grandhi Mallikarjuna Rao. The JSW and GMR group always prefer to go with the young players of the country along with 2 or 3 foreign explosive players.

Interestingly, The owner of GMR group, GM. Rao becomes a trendy name during the IPL auction days and the reason is, his mindful tactics and banter which he does with other IPL team owners in order to increase the cost of a player, which helps to reduces the purse of opponent teams.

7) Sunrisers Hyderabad – Kalanithi Maran

Another South Indian team, which is based on the Hyderabad city of Telangana, Sunrisers Hyderabad is undoubtedly most underrated team of the IPL as they are the 2 time champions in 2009 (deccan charges) and 2016. SRH is completely owned by the Kalanithi Maran who is the founder of Sun TV Network.

Moreover, Sun TV is the biggest entertainment network of whole south India with the networth of 340 crore USD. However, The daughter of Kalanithi Maran, Kavya Maran seems to be quite active in managing the franchise and would be the first one to cheer and clap for his team on the ground.

Kavya Maran always makes sure to buy some overseas destructive players, the prime example is the recent buy of Pat Cummins into the SRH squad.

8) Rajasthan Royals – Manoj Badale

The winner of inaugural season of IPL, Rajasthan Royals started their league on very positive note with the IPL title of 2008 under captainship of Shane Warne. The IPL owner of Rajasthan Royals is Manoj Badale who owns the 65% stake of the franchise along with minor ownership of Lachlan Murdoch and RedBird Capital Partners.

Manoj Badale is the owner of UK based firm, Emerging Media who has invested his money in 2008 by buying the ownership of Rajasthan Royals. Furthermore, Manoj Badale is someone who always tries to stay with the players of his squad to form a healthy environment and to show his support to young boys.

9) Gujarat Titans – CVC Capitals

Who would have thought, that Gujarat Titans will become such a strong side in IPL in their first ever season. GT won their IPL championship in their debut season whereas it takes years to other teams to do the same task.

Gujarat Titans is owned by a french private equity firm, CVC Capitals who has seen a pretty impressive jump of 38% in their company’s valuation after they won the IPL title of 2022.

10) Lucknow Supergiants – Sanjiv Goenka

 

Newly formed IPL franchise, Lucknow Supergiants has equally impressed everyone with their performance as GT. LSG has entered into the qualifiers in their first season under the captain KL Rahul’s tactics.

The IPL owner of Lucknow Supergiants is Indian famous entrepreneur and industrialist Sanjiv Goenka of RPSG group. The chairman of RPSG group, Sanjiv Goenka has gone all the way to acquire the IPL team by spending the massive amount of 7,000 crore at the bid. Apart from this, Sanjiv Goenka is also the owner of ISL football team, Mohun Bagan Supergiants.

Therefore, Our list of all IPL teams owners ends up with the Sanjiv Goenka’s Lucknow Supergiants.

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FAQ

Who is the owner of CSK?

The founder and chairman of India cements, Narayanaswami Srinivasan is the owner of Chennai Super Kings with the networth of more than $7 billion rupees.

How Much Stake Does SRK has In The KKR?

KKR is jointly owned by the SRK and Juhi Chawla, whereas SRK's red chillies entertainment alone holds the 55% stakes in the franchise of Kolkata Knight Riders.

Who is Kavya Maran?

Kavya Maran is the daughter of Kalanithi Maran, Sun TV network's founder and the owner of IPL franchise Sunrisers Hyderabad. His net worth is around $2.85 billion.