IPL Team Owners

image-lscy2ra5Shah Rukh Khan, owner of KKR [X.Com]

The Indian Premier League (IPL), a colossal spectacle in the world of cricket, represents not just top T20 cricketing action but also a significant commercial powerhouse within the global sports industry. Founded in 2007 by the Board of Control for Cricket in India (BCCI) and kicking off its inaugural season in 2008, the IPL has evolved into a cultural phenomenon as it has merged the excitement of cricket with the glamour and glitz typically associated with global entertainment events.

Moreover, the brand value of IPL has also skyrocketed since its inception.

At the heart of the IPL's staggering rise in both value and influence are its team owners, which is a mix of prominent industrialists, Bollywood celebrities, and business moguls, who have been instrumental in driving the league's growth. The IPL team owners, with their diverse backgrounds and deep pockets, have been at the forefront of the league's evolution as they have combined the world of sports, entertainment, and business in a manner previously unseen in cricket. Here’s all IPL team owners list.

IPL Team Owners List

Brand Value
Chennai Super KingsN. SrinivasanUSD 80.6 million
Mumbai IndiansReliance IndustriesUSD 87 Million
Royal Challengers BangaloreUnited Spirits69.8 Million
Kolkata Knight RidersShah Rukh Khan, Jay Mehta, Juhi Chawla
78.6 Million
Rajasthan RoyalsThe Royals Sports GroupUSD 62.5 Million
Delhi CapitalsJSW Group (50%), GMR Group (50%)
USD 64.1 Million
Sunrisers HyderabadSUN GroupUSD 48.2 Million
Punjab KingsPreity Zinta, Ness Wadia, Mohit Burman, Karan PaulUSD 45.3 Million
Gujarat TitansCVC Capital PartnersUSD 65.4 Million
Lucknow Super GiantsRPSG Group
USD 47 Million

Chennai Super Kings IPL Team Owner

image-lscyjtfnMS Dhoni with former ICC Chairman [x.com]

Chennai Super Kings (CSK), one of the most successful and beloved franchises in the Indian Premier League (IPL), is owned by Chennai Super Kings Cricket Ltd., a subsidiary of India Cements Ltd., which is led by former ICC Chairman N. Srinivasan. Under his stewardship, CSK has not only emerged as a powerhouse on the field, clinching the IPL title five times (2010, 2011, 2018, 2021, and 2023), but also as a brand synonymous with consistency, and a deep connection with its fan base.

 Their consistency on the field was momentarily overshadowed when, in 2015, the team faced a two-year suspension following the spot-fixing scandal as determined by the Justice Lodha Committee.

Mumbai Indians IPL Team Owner

image-lscyjd7nRohit Sharma with Nita Ambani [x.com]

Mumbai Indians (MI) is owned by India's wealthiest conglomerate, Reliance Industries, helmed by Mukesh Ambani and his wife, Nita Ambani, who plays an active role in the team's management and operations. Since its inception, Mumbai Indians have captured the IPL title five times—2013, 2015, 2017, 2019, and 2020—demonstrating a remarkable pattern of dominance and in the fiercely competitive league. 

Royal Challengers Bangalore IPL Team Owner

image-lscyk3c4Virat Kohli with Vijay Mallya [x.com]

Royal Challengers Bangalore (RCB), one of the (IPL most charismatic teams, has been at the centre of the cricketing spectacle with its high-voltage performances and a roster of star players. Despite not winning the IPL title yet, their popularity remains undiminished, largely due to their star player Virat Kohli. 

Amidst the buzz and excitement that surrounds RCB, there exists a misconception regarding the owner of RCB IPL team. Contrary to the widespread belief that Vijay Mallya, the flamboyant businessman behind Kingfisher, still owns the franchise, the actual ownership rests with United Spirits Ltd., a subsidiary of the global beverages giant, Diageo. 

United Spirits, known for its extensive portfolio in the alcoholic beverages sector, boasts a substantial net worth of INR 6,000 crore.

Punjab Kings IPL Team Owner

image-lscykauoPBKS team owner Preity Zinta [x.com]

Punjab Kings (PBKS) is co-owned by a consortium that includes prominent figures and entities. The Punjab IPL team owners are Bollywood actress Preity Zinta, business tycoon Ness Wadia, co-owner of the Wadia Group, Mohit Burman of the Dabur Group, and Karan Paul, chairman of the Apeejay Surrendra Group. This mixed ownership not only highlights the team's high-profile investment but also reflects the eclectic mix of glamour and business tactics that characterizes the IPL. The Kings, however, haven’t tasted IPL glory yet.

Kolkata Knight Riders IPL Team Owner

image-lscykj3fKKR is co-owned by Shah Rukh Khan [x.com]

Kolkata Knight Riders (KKR) is co-owned by Bollywood superstar Shah Rukh Khan, actress Juhi Chawla, and her spouse Jay Mehta. This ownership trio has successfully created a franchise that is not only competitive on the cricket field but also immensely popular off it. KKR's acquisitions, along with its unique branding and marketing initiatives, have turned it into a household name, resonating with fans across the globe.

The team's performance, characterized by two IPL championships in 2012 & 2014, mirrors the ambition and passion of its owners. As of 2023, the brand value of Kolkata Knight Riders stands impressively at USD 78.6 million.

Delhi Capitals IPL Team Owner

image-lscykr2qDelhi Capitals IPL team owners [x.com]

Delhi Capitals (DC), which has made significant strides in IPL, is owned by the GMR Group and the JSW Group, combining infrastructure development and steel manufacturing giants in a synergistic partnership. Initially acquired by the GMR Group, a leading property development company, for US$84 million, the team underwent a significant transformation in its ownership structure in March 2018. This change came about when GMR sold a 50% stake to JSW Sports for ₹550 crores (US$73 million), marking a pivotal partnership between the GMR group and the JSW group, co-led by Parth Jindal.

This collaboration aimed to bring fresh vigour and strategic insight to the franchise, a move that was further symbolized by the team's rebranding from the Delhi Daredevils to the Delhi Capitals in December 2018.

Rajasthan Royals IPL Team Owner

image-lscyl2ceRajasthan Royals IPL team owner [x.com]

Rajasthan Royals (RR), renowned for its spirited and innovative approach to the game, is owned by high-profile individuals, including Manoj Badale (co-founder of Blenheim Chalcot, a venture capital firm), Lachlan Murdoch (part of the Murdoch media dynasty), Amisha Hathiramani, and Ryan Tkalcevic. 

This diverse ownership group brings together a wealth of experience from various sectors, contributing to the strategic and operational strengths of the team. The Royals have a storied history in the IPL, marked by their unexpected win in the inaugural season of 2008, which set the tone for their reputation as underdogs capable of punching above their weight.

The ownership has navigated the team through various challenges, including a two-year suspension in 2015 and 2016 due to controversies surrounding betting activities.

SunRisers Hyderabad IPL Team Owner

image-lscyl9qySRH IPL Team Owner [x.com]

SunRisers Hyderabad (SRH) has witnessed a significant evolution in its ownership over the years. Initially, the team was launched as Deccan Chargers, owned by Deccan Chronicle Holdings Limited, and participated in the IPL from 2008 to 2012. Following financial challenges and subsequent ownership change, the franchise was acquired by the SUN Group led by Kalanithi Maran, marking a new chapter as the SunRisers Hyderabad.

Gujarat Titans IPL Team Owner

image-lscylhw1Gujarat Titans IPL Team Owner [x.com]

CVC Capitals emerged as a formidable force in the IPL by acquiring the newest franchise, Gujarat Titans (GT), through a highly competitive bidding process ahead of IPL 2022. Demonstrating their strong financial backing and commitment to cricket, CVC Capitals secured ownership with an impressive bid of INR 5625 crores (over 692 million USD), a figure that was 160% above the Board of Control for Cricket in India's (BCCI) base price for a new IPL team.

This strategic investment not only showed Gujarat IPL team owner, CVC Capitals' ambition within the world of sports but also marked a significant milestone for the IPL, expanding its roster of teams and enhancing the league's competitive diversity.

Lucknow Super Giants IPL Team Owner

image-lscylrv9LSG IPL Team Owner [x.com]

Lucknow Super Giants (LSG), an emergent force within the IPL, is backed by the RPSG Group, led by entrepreneur Sanjiv Goenka. This ownership materialized following a highly competitive auction process for new IPL teams conducted by the BCCI in Dubai on October 25, 2021.

 Demonstrating their deep commitment and belief in the potential of the IPL as a premier sporting event, the RPSG Group emerged victorious with a staggering bid of INR 7090 crore (over 932 million USD), which was 250% above the BCCI’s base price of INR 2000 Crores for the new franchises.

Frequently Asked Questions About IPL Team Owners

Q.1. Who in the owner of Chennai Super Kings, and what is their brand value as of 2023? 

Answer: Chennai Super Kings is owned by N. Srinivasan, head of India Cements. Under him, CSK has not only achieved considerable success on the field but also significant brand value, which as of 2023 stands impressively high at USD 80.6 million.

Q.2. Who is the richest IPL owner?

Mukesh Ambani, the chairman of Reliance Industries and the owner of Mumbai Indians is the richest IPL owner with a net worth of USD 83.4 million.

Q.3. Who is the owner of Gujarat Titans and what is it's brand value?

Answer: Gujarat Titans, the newest addition to the IPL, is owned by Luxembourg-based private equity and investment advisory firm, CVC Capitals. They entered the league with a massive bid, and as of 2023, the team's brand value is USD 65.4 million, marking a successful entry into the IPL.

Q.4. Who is the owner of Rajasthan Royals IPL team?

Answer: Rajasthan Royals is owned by a group of investors including Manoj Badale, Lachlan Murdoch, Amisha Hathiramani, and Ryan Tkalcevic. As of 2023, the team's brand value is USD 62.5 million, showcasing its solid market position.

Q.5. Who is RCB owner and what is the franchise's brand value?

Answer: Contrary to the common belief that Vijay Mallya still owns RCB, the franchise is actually owned by United Spirits Ltd., a subsidiary of Diageo. As of 2023, RCB's brand value is USD 69.8 million.