Source : The Hans India
The Indian Premier League (IPL), launched in 2008, has grown into one of the world’s most thrilling and lucrative cricket leagues, blending sports, business, and entertainment.
With ten competitive teams battling it out over two months, the IPL thrives not just on cricketing talent but also on the financial muscle and strategic vision of its team owners.
From business magnates like Mukesh Ambani to Bollywood stars like Shah Rukh Khan and Preity Zinta, these owners bring a powerful mix of glamour, resources, and leadership.
Their investments continue to influence team operations, player signings, and the IPL's ever-growing global presence. In 2025, as the new season began in March, it's once again the ultimate time for cricket lovers to dive into the world of the league’s wealthiest team owners, the powerful industries they lead, and the lasting impact they've made on their franchises and the IPL as a whole.
List of Top 10
Richest IPL's team
owners:Quick overview (2025)
Here’s a look at the top 10 richest IPL team owners and the powerful business empires they represent. From industrial giants to entertainment icons, these individuals are the driving force behind some of the most successful franchises in the league.
Mumbai Indians – Mukesh Ambani
Mumbai Indians (MI) is one of the most successful franchises in the history of the Indian Premier League (IPL), having won the title five times. The team was established in 2008 for $111.9 million and has grown significantly in both value and popularity over the years.
MI is owned by Mukesh Ambani, India's richest business tycoon, whose wealth primarily comes from Reliance Industries. While Mukesh Ambani is the official and sole owner of Mumbai Indians on paper, the team is managed through IndiaWin Sports, a subsidiary of Reliance Industries that also owns multiple franchises in various cricket leagues around the world.
The sports division of Reliance is actively overseen by Nita Ambani, wife of Mukesh Ambani and a director at Reliance Industries, along with their son Aakash Ambani. Both are frequently seen at matches, passionately supporting the team.
From a valuation of $12 billion in 2024, the Mumbai Indians' worth is now pegged at around $119 million in 2025. Meanwhile, Mukesh Ambani’s net worth stands at an astounding ₹8.134 lakh crore, making him not only a business magnate but also a powerful figure in the world of sports ownership.
Chennai Super Kings - N. Srinivasan
Chennai Super Kings (CSK) is one of the most consistent and successful franchises in the history of the Indian Premier League (IPL). Founded in 2008, CSK has won the IPL title four times and is known for its consistent performancesand iconic players.
Originally, the team was owned by India Cements from 2008 to 2014, with N. Srinivasan serving as the Managing Director. A prominent Indian industrialist, N. Srinivasan is also a former cricket administrator who has held influential positions such as Chairman of the ICC and President of the BCCI. He played a key role in building India Cements into a successful cement business and currently has a personal net worth of ₹720 crore.
In December 2014, a new entity called Chennai Super Kings Cricket Limited (CSKCL) was formed as a demerger from India Cements. CSKCL took over ownership of the franchise and is registered as a non-governmental company. Although India Cements no longer directly owns CSK, its shareholders were allotted shares in CSKCL, maintaining a connection between the two.
N. Srinivasan, who is currently the Vice Chairman and Managing Director of India Cements, continues to be the key decision-maker for CSK due to his strong influence and longstanding association with the team. His cricketing administrative legacy includes being the first President of the ICC and a notable former President of the BCCI.
As of now, the net worth of Chennai Super Kings is estimated to be around ₹607.5 crore, solidifying its place as one of the most valuable and beloved franchises in the IPL.
Sunrisers Hyderabad-Kalanithi Maran
Sunrisers Hyderabad (SRH) is a Hyderabad-based Indian Premier League (IPL) franchise owned by Kalanithi Maran, the founder and chairman of the Sun Group, one of India’s largest media conglomerates. The group has a strong presence in television, FM radio, newspapers, DTH services, and film production, particularly through its flagship company, Sun TV Network, a leader in South Indian entertainment.
SRH was established in 2012 after the dissolution of the Deccan Chargers. Kalanithi Maran acquired the franchise for $158 million. Since its inception, the team has been known for its formidable bowling attack and clinched its maiden IPL title in 2016. As of 2024, the team’s valuation stood at $85 million.
Kavya Maran, daughter of Kalanithi Maran, serves as the Chief Executive Officer (CEO) and co-owner of the franchise. Since taking over operations in 2020, she has played a hands-on role in team management, including participating in player auctions and being a regular presence at matches to support the team.
Kalanithi Maran is recognized as a prominent Indian media mogul, with an estimated net worth of ₹30,289 crore (approximately $2 billion). His daughter, Kavya, is emerging as a key face of the franchise, often seen actively representing SRH during both matches and league operations.
Kolkata Knight Riders - Shah
Rukh Khan, Juhi Chawla, and Jay Mehta
Kolkata Knight Riders (KKR) is one of the most iconic and popular franchises in the Indian Premier League (IPL), having been part of the tournament since its inception in 2008. The team is owned by Knight Riders Sports Private Limited, with Shah Rukh Khan’s Red Chillies Entertainment holding a 55% stake, while the remaining 45% is owned by the Mehta Group, led by businessman Jay Mehta and actress Juhi Chawla.
The team was purchased in 2008 for ₹2.98 billion, and since then, it has become a fan favorite, not just for its celebrity ownership but also for its exciting on-field performances. KKR had a slow start in the early seasons, but their breakthrough came with their first IPL title win in 2012, followed by two more championships in 2014 and 2024, all under the leadership of Gautam Gambhir.
Known for its strategic team management and dedicated fan base, KKR has consistently been a strong contender in the IPL, making it to the playoff’s multiple times.
As of 2025, the brand value of Kolkata Knight Riders stands at approximately $109 million, marking a 38% growth in 2024. This impressive valuation places KKR among the top four most valuable IPL franchises, alongside Mumbai Indians, Chennai Super Kings, and Royal Challengers Bangalore, all surpassing the $100 million mark.
In terms of overall net worth, KKR is valued at around ₹9,147 crore. The combined net worth of the ownership trio—Shah Rukh Khan, Juhi Chawla, and Jay Mehta—is estimated to be between ₹10,000 to ₹15,000 crore. Shah Rukh Khan also owns Red Chillies Entertainment, while Jay Mehta's family has a strong business background in cement and textiles.
Gujarat Titans - Steve Koltes, Donald Mackenzie, and Rolly van Rappard
Source: ZapCricket
Gujarat Titans (GT), one of the newest franchises in the Indian Premier League (IPL), made a historic entry in 2022 by winning the championship in their debut season under the leadership of Hardik Pandya. Originally owned by CVC Capital Partners, a global private equity and investment advisory firm with a net worth of ₹17,313 crore, the franchise was acquired for ₹5,625 crore in 2021.
Known for its investments across sectors such as sports, healthcare, and financial services, CVC Capital played a crucial role in GT's successful launch, showcasing strategic planning and a well-balanced squad.
In 2025, the Torrent Group, an Ahmedabad-based conglomerate involved in pharmaceuticals, power, and gas, took over the majority stake in Gujarat Titans. Torrent’s business empire is valued at ₹17.9 billion, making them a powerful new player in IPL ownership. The team, now valued at approximately ₹7,500 crore, has quickly established itself as a formidable force in the league, both on and off the field, representing a blend of strong corporate backing and competitive cricketing performance.
Delhi Capitals - JSW
Group and GMW Group
Delhi Capitals (DC), established in 2008, is jointly owned by the GMR Group and the JSW Group, with each holding a 50% stake. The GMR Group, a major player in infrastructure and property development, initially purchased the franchise for $84 million, while the JSW Group, led by Sajjan Jindal and Parth Jindal, acquired its stake in 2018 for ₹550 crore.
Parth Jindal, Managing Director of JSW Cement and Director of JSW Sports, plays an active role in team operations. Although Delhi Capitals have yet to win an IPL title, they reached their first final in 2020 and have consistently made it to the playoffs in recent seasons, thanks to a youthful and dynamic squad blending international experience with emerging Indian talent.
As of 2025, the franchise is valued at $80 million (₹5,500 crore), making it one of the league's most valuable teams. The JSW Group, valued at $24 billion, and G.M. Rao of GMR Group, with a net worth of $3.2 billion (₹27,477 crore), bring immense financial and strategic strength to the franchise.
Royal Challengers Bangalore - Anand Kripalu
Royal Challengers Bangalore (RCB), one of the most popular franchises in the IPL, was founded in 2008 and is currently owned by United Spirits Limited (USL), a subsidiary of global beverage giant Diageo. Initially owned by Vijay Mallya, the franchise changed hands in 2016.
RCB was purchased for ₹464 crore (US$111.6 million) and is named after USL’s Royal Challenge liquor brand. Despite reaching the IPL finals in 2009, 2011, and 2016, the team is yet to secure a championship title.
However, it remains a fan-favourite, thanks to its strong batting lineups and legendary players like Virat Kohli, AB de Villiers, and Chris Gayle. As of 2025, RCB holds a brand valuation of $117 million (₹585 crore), making it one of the most valuable IPL teams. United Spirits, the parent company, boasts a net worth of approximately ₹95,592 crore, contributing to the franchise's solid financial backing.
Punjab Kings - Mohit Burman, Ness Wadia, Preity Zinta, and Karan Paul
Source: Fantasy Khiladi
Punjab Kings (PBKS), founded in 2008, is owned by KPH Dream Cricket Private Limited, with major stakeholders including Mohit Burman (46%), Preity Zinta and Ness Wadia (23% each), and Karan Paul (8%).
Mohit Burman is the Chairman of Dabur India, while Ness Wadia is part of the Wadia Group, Preity Zinta heads PZNZ Media, and Karan Paul is from the Apeejay Surrendra Group.
Originally known as Kings XI Punjab, the team underwent a rebranding in 2022, emerging as Punjab Kings to reflect a refreshed identity. Despite strong ownership and a loyal fan base, the team has yet to win an IPL title, with their best performance being a final appearance in 2014. As of 2024, the franchise holds a brand value of $68 million, showing a 49% growth from the previous year, and remains one of the original IPL teams striving for their maiden championship.
Rajasthan Royals (RR) - Manoj Badale and Lachlan Murdoch
Rajasthan Royals (RR), the inaugural IPL champions in 2008, are majority-owned by Emerging Media IPL Ltd, led by Manoj Badale, a British businessman and co-founder of Blenheim Chalcot, a venture capital firm with investments across technology, education, and finance. Badale’s group holds a 65% stake, with RedBird Capital Partners owning 15%, and Lachlan Murdoch of Fox Corporation also having a stake.
Known for their sharp talent scouting and development, the Royals have consistently exceeded expectations despite operating on one of the league’s smaller budgets. Their fairytale 2008 victory under Shane Warne’s captaincy remains one of IPL’s most iconic underdog moments. Although the team faced a two-year suspension in 2015, they made a strong comeback in 2018, continuing to be known as a team that builds stars from the ground up.
Lucknow Super Giants -Sanjeev
Goenka
Lucknow Super Giants (LSG), one of the two new teams introduced during the IPL’s 2022 expansion, is owned by the RPSG Group, led by Dr. Sanjiv Goenka. The franchise was acquired in 2021 for ₹7,090 crore, marking the highest-ever bid for an IPL team.
The RPSG Group, with a business legacy spanning over a century, has prior IPL experience through ownership of Rising Pune Supergiant (2016–2017). In their debut season, LSG made an immediate impact by reaching the playoffs, showcasing a strong mix of seasoned international stars and rising Indian talent. As of 2025, the team is valued at $60 million. Under Goenka's leadershipwho also owns CESC Limited and Spencer’s Retail, LSG reflects a strategic blend of sports vision and business acumen, positioning itself as a competitive force in the IPL.
Resources:
https://www.thecricketpanda.com/ipl-team-owners/
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