Who Owns Punjab Kings?

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PBKS Co-owner Preity Zinta in the frame (iplt20) PBKS Co-owner Preity Zinta in the frame (iplt20) 

Punjab Kings (PBKS) are one of the original IPL teams, and they’ve been in the game since 2008. Based in Punjab, they’ve always brought their incredible spirit to the league, even though the IPL trophy has stayed out of reach so far.

Despite the ups and downs, the perennial underachievers, PBKS, have a trusted and passionate fanbase that has stuck with them through everything. A huge part of the team’s journey is thanks to their owners, KPH Dream Cricket Private Limited, which has kept PBKS alive and kicking in the league.

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

Who is the owner of Punjab Kings?

PBKS is owned by KPH Dream Cricket Private Limited, which is made up of some interesting personalities, including Mohit Burman, Preity Zinta, Ness Wadia, and Karan Paul. 

Notably, Mohit Burman is the biggest shareholder and the steady hand behind the team. He’s a businessman from the Dabur India family and has even invested in other sports leagues.

Preity Zinta adds the glamour factor. She’s always seen at matches, cheering loudly for the team, and is super involved in the auctions.

Ness Wadia, from the Wadia Group (the family behind brands like Britannia), is the business brain in the mix. Even though he and Preity were once a couple, they’ve managed to work together professionally.

Karan Paul plays a background role but brings his own business expertise to the table.

PBKS Owner Share Percentage​

The Punjab Kings owner's share percentage division looks like: 

  • Mohit Burman from Dabur India holds the largest share at 46%.
  • Bollywood actress Preity Zinta and Ness Wadia from the Wadia Group each own 23%.
  • Karan Paul, a businessman, owns the remaining 8%.

This varied ownership group brings business sense, star power, and passion to the franchise. They’ve been running the team since day one and are still working hard to turn PBKS into champions.

PBKS Owner's Net Worth

Mohit Burman Net Worth

As the Chairman of Dabur India, Mohit Burman and the Burman family’s collective net worth is as much as $10.4 billion. In October 2024, the Burman family was ranked 23rd on the Forbes list of India's 100 richest tycoons.   

Preity Zinta Net Worth

Punjab Kings Preity Zinta (@CricketNDTV)Punjab Kings Preity Zinta (@CricketNDTV)

Bollywood actress Preity Zinta's net worth is estimated to be over 150 crore Indian Rupees (INR). Notably, she has built her fortune through her successful film career, business ventures, and ownership of the Punjab Kings IPL team. 

Ness Wadia Net Worth

According to the Bloomberg data, Ness Wadia is the 11th richest Indian with a net worth of $7.1 billion. This includes his involvement in the Wadia Group, which has significant assets, including the Kings XI (Eleven) Punjab cricket team, as well as interests in various industries.

Karan Paul Net Worth

An Indian businessman and the Chairman of the Apeejay Surrendra Group, Karan Paul’s net worth is undisclosed. Moreover, after working at various levels in the Apeejay Surrendra Group for 12 years, Karan became the Chairman of the Group in 2004. Paul managed Apeejay Tea, Apeejay Shipping, and Apeejay Schools.

PBKS Owner's Controversies

Preity Zinta vs Ness Wadia Controversy (@Vang_Lian)Preity Zinta vs Ness Wadia Controversy (@Vang_Lian)

Since its inception, Punjab Kings hasn’t stayed away from controversies:

  • Termination by BCCI in 2011: BCCI terminated PBKS’s contract over alleged agreement violations. The team took legal action, and the court ruled in their favour. They were reinstated after paying a ₹1 crore fine.
  • Preity Zinta vs Ness Wadia: In 2014, Preity accused Ness of molestation during a match at Wankhede Stadium. The case dragged on for four years before Preity withdrew the complaint, and the two owners sorted things out.
  • Share Dispute: Rumours suggested Mohit wanted to sell part of his shares to a third party, which Preity opposed, saying shares must be offered to current owners first. While nothing official came out, it seems the issue has been resolved for now.

Other Teams Owned by PBKS's Owners: Business Ventures and Affiliations 

While Punjab Kings franchise currently do not have any sister teams competing in global T20 leagues, they have partnered with several big brands to keep the franchise financially strong and connected to their fans. Their title partner is Dream11, while principal sponsors include BKT, Jio, A23, Kent RO, Hindware, and Astral Pipes.

They’ve also tied up with official partners like Advance, Avon, Dazzler, and Verka. Lava is their handset partner, Timex serves as their time partner, and Campa is their pouring partner.

For ticketing, they’ve teamed up with Insider Paytm, while their merchandise partners include Play R, Polaroid, FanCode, ShopTheArena, Six5Six, and DudeMe.

FAQs: Punjab Kings Owners

Q.1. Who are the investors in Punjab Kings?

Answer: In 2008, three industrialists, Mohit Burman (Dabur), Ness Wadia (Bombay Dyeing) and Karan Paul (Apeejay Group) had joined hands with Bollywood celebrity, Preity Zinta, to acquire the Kings XI Punjab franchise at $76m.

Q.2. How much of Punjab Kings does Preity Zinta own?

Answer: PBKS's ownership is divided as Mohit Burman (48%), Ness Wadia (23%), Preity Zinta (23%), and Karan Paul (6%).

Q. 3. What is the tagline of Punjab Kings?

Answer: Punjab Kings' tagline for the 2025 IPL season is "Bas Jeetna Hai", which translates to "We Just Need to Win". This tagline reflects the team's unwavering determination and winning mindset as they gear up for the season.

Q.4. What is the full name of Punjab Kings?

Answer: Formerly known as Kings XI Punjab (KXIP), it is now called Punjab Kings (PBKS). The name change was announced on February 17, 2021, before the start of the 2021 Indian Premier League season.