Undoubtedly, the Indian Premier League (IPL) has been a game-changer for cricket in India. It is the most prominent cricketing league worldwide and has a massive following among fans not only in India but across the world. The tournament has become a festival for cricket lovers, balancing the right amount of glamour, glitz, and sports. It is the most viewed cricketing league globally, making it an essential event in the sporting world.
The IPL has transformed cricket at a global level, introducing a new dimension to the game. The league has ten teams, and every year an auction is held for franchises to retain and release players, which determines the fate of players. Since the teams have a fixed amount of money to spend on buying new players, the selection process of players has to be very planned and strategic.
Overall, the IPL is not just a league; it is an event that brings together fans, players, and franchises from across the world, making it a unique and dynamic platform that provides an unforgettable experience.
Here is a complete list of IPL 2023 team owners & their business
|IPL Team||Owners Name||Owners Business||Best IPL Season|
|Chennai Super Kings||N Srinivasan||Chennai Super Kings Cricket Limited||Champions (2010, 2011, 2018, 2021)|
|Delhi Capitals||Parth Jindal||GMR Group and JSW Group||Finalists (2020)|
|Punjab Kings||Preity Zinta, Ness Wadia, Mohit Burman, and Karan Paul||Bollywood Actress, Bombay Burmah Trading Co.||Finalists (2014)|
|Mumbai Indians||Mukesh Ambani||Reliance Industries||Champions (2013, 2015, 2017, 2019, 2020)|
|Kolkata Knight Riders||Shah Rukh Khan and Juhi Chawla||Red Chillies Entertainment and Mehta Group||Champions (2012, 2014)|
|Sunrisers Hyderabad||Kalanithi Maran||Sun TV Network||Champions (2016)|
|Rajasthan Royals||Amisha Hathiramani, Manoj Badale, Lachlan Murdoch, Ryan Tkalcevic, Shane Warne||British Asian Trust||Champions (2008), Finalist (2022)|
|Royal Challengers Bangalore||Anand Kripalu||United Spirits Ltd.||Finalists (2016)|
|Gujarat Titans||Steve Koltes, Donald Mackenzie, Rolly van Rappard||Siddharth Patel of CVC Capital Partners||Champions (2022)|
|Lucknow Super Giants||Dr Sanjiv Goenka||RP Sanjiv Goenka Group||–|
IPL Team Owners | Punjab Kings Owner (Kings XI Punjab) – Preity Zinta
The Punjab Kings, previously known as Kings XI Punjab, is one of the popular teams in the Indian Premier League (IPL), co-owned by Bollywood actress Preity Zinta, Ness Wadia of the Wadia Group, Karan Paul, and Mohit Burman. Although the franchise has multiple owners, Preity Zinta is widely recognized as the face of the team. With a successful and glamorous career in Bollywood, Zinta is known for her passionate support and is often seen waving the team’s flag from the stands.
Preity Zinta’s love for the team is unparalleled, and she considers herself to be the good luck charm for the team. Her dedication towards the franchise is evident from her regular presence during the matches. As of now, the actress has an estimated net worth of 15 million US dollars.
IPL Team Owners | Delhi Capitals Owner – Parth Jindal (JSW)
The Delhi Capitals, a prominent team in the Indian Premier League (IPL), is co-owned by the GMR Group and the JSW Group. The franchise underwent a name change in 2018 when the JSW Group purchased a 50% stake in the team, previously known as Delhi Daredevils. The 2020 IPL season was the team’s most successful one as they reached their first-ever finals under the captaincy of Shreyas Iyer.
Parth Jindal, the 31-year-old owner of Delhi Capitals from the JSW Group, is the youngest franchise owner in the IPL. With an estimated net worth of Rs. 706.3 crores, Jindal is a dynamic entrepreneur who has brought a fresh perspective and approach to the team’s management. The GMR-JSW partnership has been instrumental in shaping the Delhi Capitals into a competitive team, and Jindal’s leadership has been a significant contributor to their success.
IPL Team Owners | Rajasthan Royals owner – Manoj Badale (British Asian Trust)
Based in Jaipur, Rajasthan, the Rajasthan Royals have been one of the most well-known IPL teams, with their owners often referred to as the “Moneyball” team of the league. The team won the inaugural edition of the IPL in 2008, but has not been successful in winning any title since then. The Rajasthan Royals team is co-owned by Manoj Badale and Lachlan Murdoch.
RCB owner | United Spirits Ltd.
One of the most competitive teams in the IPL, Royal Challengers Bangalore (RCB) is owned by United Spirits Ltd. The RCB team has been a runner-up on three occasions in 2009, 2011, and 2016, but is yet to clinch the IPL trophy. As of 2023, United Spirits Ltd is the current owner of the team.
Kolkata Knight Riders owner | Shah Rukh Khan and Juhi Chawla (Red Chillies Entertainment)
Kolkata Knight Riders, a franchise of the Indian Premier League, is co-owned by Red Chillies Entertainment and Mehta Group. The team, based in Kolkata, has a massive fan following and is widely known for winning two titles in 2012 and 2014 under the captaincy of Gautam Gambhir. The face of KKR is the renowned Bollywood actor Shah Rukh Khan, whose net worth is estimated to be around 770 million USD. His association with the team has significantly contributed to its popularity.
Sunrisers Hyderabad owner | Kalanithi Maran (Sun TV Network)
Sunrisers Hyderabad is a cricket team based in Hyderabad, Telangana, and has won the IPL title twice in 2016 and 2009 under the name Deccan Chargers. After the Deccan Chronicle group faced financial difficulties and went bankrupt, Sun TV Network became the new owners of the team and renamed it Sunrisers Hyderabad. Sun TV Network is one of India’s biggest entertainment and media companies, with 33 TV channels and 45 FM radio stations under its umbrella. The owner of Sunrisers Hyderabad, Kalanithi Maran, has a net worth of around 240 crores USD.
CSK Owner | N Srinivasan (India Cements)
Chennai Super Kings (CSK) is a much-loved IPL team that has won the tournament four times, with a unique record of appearing in all playoffs except in 2020. CSK is led by the former Indian captain MS Dhoni and is owned by N Srinivasan, the head of India Cements, with a net worth of around 7.4 billion Indian Rupees.
Mumbai Indians Owner | Mukesh Ambani (Reliance)
Mumbai Indians is the most successful team in IPL history, having won the tournament five times. The team is owned by Mukesh Ambani, India’s biggest business tycoon and chairman of Reliance Group. Mukesh Ambani is also the second richest sports team owner in the world, with a net worth of $83.4 billion.
New IPL team owners of Lucknow Super Giants
The RPSG Group of Sanjiv Goenka is the owner of the new IPL team, Lucknow Super Giants, which was acquired for a whopping 7090 crore in the auctions hosted by BCCI in Dubai on October 25, 2021. Meanwhile, CVC Capitals is the owner of the Gujarat Titans, the latest addition to the IPL team list, having bid a massive 5625 crore (over 692 million USD), 160% more than BCCI’s base price for the team. The Gujarat Titans, led by Hardik Pandya, won the IPL 2022 title against Rajasthan Royals, becoming the first debut team to win the tournament.
Also Read: IPL Records from 2008-2023
Gujarat Titans Owners
Gujarat Titans is the newest team to join the IPL and is owned by CVC Capitals, a private equity firm. The team was sold to CVC Capitals for a whopping 5625 crore, which is 160% more than the base price set by the BCCI. The Titans made their debut in the 2022 season of IPL and were captained by Hardik Pandya. In a stunning performance, the team defeated the Rajasthan Royals to clinch the title, becoming the first debut team to win the finals of the IPL. With this victory, the Gujarat Titans have already made a mark in the league and are poised to become a formidable team in the coming seasons.
Who is the wealthiest owner of an IPL team?
As of 2023, the wealthiest owner of an IPL team is Mukesh Ambani, who owns the Mumbai Indians. His net worth is estimated to be $83.4 billion.
Which IPL team is the most valuable?
The Mumbai Indians have the highest valuation among all the IPL teams, with an estimated worth of $1.3 billion.
Does Adani own an IPL team?
No, Adani Group was unable to acquire an IPL team during the sale of Lucknow and Ahmedabad franchises in 2021. However, Adani Group has made its official entry into the world of cricket by securing a women’s team for the WPL, called Gujarat Giants.
Who provides funding to the IPL teams?
The Board of Control for Cricket in India (BCCI) is responsible for selling the media rights for the IPL to official broadcasters and Over-the-top (OTT) platforms. After deducting its share, the BCCI distributes a substantial portion of the revenue generated to the IPL teams.