Who Owns Mumbai Indians?

Jatin

Nita Ambani with MI flag (AP image)Nita Ambani with MI flag (AP image)

Mumbai Indians (MI) are more than just a cricket team, they’re a force to be reckoned with. With five IPL titles, they’re one of the most successful teams in the league. Since their first game in 2008, MI has been setting the standard for how cricket is played and how a franchise is run.

A huge part of MI’s success comes from their ownership. Reliance Industries, led by the Ambani family, is the backbone of the team. They’ve turned MI into a global cricket brand.

Here’s a closer look at Mumbai Indians owners who run the show behind this powerhouse franchise.

Who is the Owner of Mumbai indians?

The official owner of Mumbai Indians is Indiawin Sports Private Limited, a branch of Reliance Industries, India’s biggest company. Mukesh Ambani, one of the richest people in the world, heads the operation.

But it’s not just him running the show, his wife Nita Ambani is deeply involved in the team’s day-to-day activities, and their son Akash Ambani has also taken on a big role in recent years.

Reliance have put in their heart, effort, and loads of money to make the team a champion. From building a solid squad to growing a huge fan base, their hard work is why MI stays on top.

MI Owner Share Percentage

Reliance Industries, through its subsidiary Indiawin Sports, owns 100% of Mumbai Indians (MI). Mukesh Ambani, the owner of Reliance, might be the face of Reliance Industries, but it’s Nita Ambani who’s the heart of Mumbai Indians. She’s been with the team from the start, showing up for matches, auctions, and all the major events. She’s hands-on and makes sure everything runs smoothly.

Then there’s Akash Ambani, their son, who brings a fresh perspective to the table. From auction strategies to player management, he’s involved in all the key decisions. Together, the Ambanis form a strong team that keeps MI at the top.  

MI Owner's Net Worth

Reliance Industries has owned Mumbai Indians since the first IPL auction in 2008. Unlike many other teams, MI has had the same owners since day one, and that’s been a big reason for their stability and success.

The managing director and chairman of Reliance Industries, is none other than the richest man in the entire Asian continent. Hence, is the wealthiest IPL team owner. 

Let’s check out the net worth of this humongous figure in sports as well as business. 

Mukesh Ambani’s Net Worth

Asia's richest man Mukesh Ambani (@GeniusBusiness_/X.com)Asia's richest man Mukesh Ambani (@GeniusBusiness_/X.com)

The owner of Mumbai Indians (MI), Mukesh Ambani, has a net worth of approximately $92.8 billion. Moreover, his wife, Nita Ambani, plays a significant role in the team's management and is involved in Reliance Foundation's philanthropic activities. 

Nita Ambani’s Net Worth 

MI Owner and Philanthropist Nita Ambani (@ANDHBHAKT_18/X.COM)MI Owner and Philanthropist Nita Ambani (@ANDHBHAKT_18/X.COM)

Nita Ambani, being the wife of Mukesh Ambani and a director of Reliance Industries, is also an owner of Mumbai Indians. While the current net worth of Mrs. Ambani has not been disclosed, as of 2024, it is reportedly estimated to be around Rs 2340 to Rs 2510 crores. 

MI Owner's Controversies

When it comes to controversies, MI owners have managed to stay out of any sort of trouble. While Reliance Industries might have faced criticism in other areas of business, the franchise has done well and stayed out of trouble.

This immaculate reputation has helped them attract top sponsors and players. It’s also one of the reasons fans trust and love the five-times IPL title winner so much.

Other Teams owned by MI's Owners: Business Ventures and Affiliations

Mumbai Indians are a global cricket brand as they have several sister franchises playing in leagues across the world. MI Cape Town plays in South Africa’s SA20 league. MI New York is part of the USA’s Major League Cricket. MI Emirates competes in the UAE’s T20 league.

On the sponsorship side, MI had a blockbuster 2024, signing deals with multiple brands, including Skechers, Pokémon, Cadbury, and more. Their merchandise game is strong too with partners like PlayR, Fancode, and Skechers.

Furthermore, through their initiative Education and Sports for All (ESA), MI helps kids across India chase their dreams, both in sports and education.

FAQs: Mumbai Indians Owners, Nita Ambani

Q.1. Does Nita Ambani own Mumbai Indians?

Ans. When the Indian Premier League launched in 2008 was initiated, the Ambanis bought their hometown-based Mumbai Indians franchise for a whooping $111.9 million. However, it was Nita Ambani who shaped the team into one of the most successful and profitable teams in the cash-rich league. 

Q.2. Who are the key figures in the team’s ownership?

Ans. Mukesh Ambani, Nita Ambani, and Akash Ambani are the main people behind the team’s ownership.

Q.3. Which company is owned by Nita Ambani?

Ans. As the wife of Mukesh Ambani, Nita M Ambani is the chairperson and founder of Reliance Foundation. She also owns the Dhirubhai Ambani International School and is a director of Reliance Industries.  

Q.4. Who is the owner of WPL Mumbai Indians?

Ans. Indiawin Sports, the owners of Mumbai Indians in the Indian Premier League, bought the rights to one of the franchises in Women’s Premier League (WPL) and named it Mumbai Indians (women).