The owner of a sports team has to do a lot of things right, like finding players, coaches, and crew members, making a budget, investing, planning for auctions, and talking to the media.
Like any other organization, a franchise cannot run or make important decisions without the approval of the IPL Franchise owners.
It takes work to own an IPL team. Global reputation is more important than internal and external affairs. Since 2008, when the IPL started, there have been many changes in who owns the teams that play. But there are also some IPL Franchise owners who still need to get replaced and keep running their teams in the money-making league.
List of Owners who own IPL Franchise Cricket Team
Here are the names of the people who own the IPL 2023 teams.
1. Punjab Kings Owner – Preity Zinta
Ness Wadia, who is part of the Wadia group, and Preity Zinta both own the Punjab IPL team Punjab Kings. Mohit Burman and Karan Paul are also co-owners of the team, but Preity Zinta is the face of the team. The bubbly girl of Bollywood has had a successful and glamorous career in the movie business. She goes to all of the games and cheers on the team.
In 2022, Preity Zinta had a net worth of 222 Crores.
2. Parth Jindal is the owner of the Delhi Capitals.
The GMR and JSW groups own an equal share of Delhi Capitals. In 2008, the Delhi team was called the Delhi Daredevils. The name was changed two years ago when 50% of the team was sold to the JSW group. Parth Jindal is the IPL Franchise owners with the youngest share, which he shares with GMR.
In 2022, Parth Jindal had a net worth of about Rs. 710 crores.
3. Manoj Badale is the owner of the Rajasthan Royals.
Manoj Badale owns 65% of the Rajasthan Royals. RedBird Capital Partners owns 15%, and Lachlan Murdoch owns 13%. The Rajasthan IPL Team, also known as the “Moneyball” team, won the first season of the IPL in 2008.
One hundred sixty million USD is how much Manoj Badale is worth.
4. Royal Challengers Bangalore Owner – Vijay Mallya
Vijay Mallya, a liquor tycoon who owns most of United Spirits, owns Royal Challengers Bangalore. The Royal Challengers Bangalore IPL team is one of the most talked about teams in the league. Since the beginning, it has been the talk of the town. The team has never been able to win, but it has come in second place three times: in 2009, 2011, and 2016.
Vijay Mallya is unknown yet.
5. Kolkata Knight Riders Owner – Shah Rukh Khan and Juhi Chawla
Red Chillies Entertainment and Mehta group both own the Kolkata Knight Riders, but Red Chillies has a bigger share. The team has always dreamed of being stars, and Shah Rukh Khan, who is a big name in Bollywood, is no exception. Gautam Gambhir has been the team’s captain both times it won the title, in 2012 and 2014.
In 2022, Shah Rukh Khan had a net worth of 5910 Crore INR.
6. Sunrisers Hyderabad Owner – Kalanithi Maran
Since 2013, Sun TV network has owned Sunrisers Hyderabad. The Hyderabad IPL team won the title once in 2016, and the Deccan Chargers won the second IPL in 2009. With 32 channels and 45 FM radio stations, Sun TV is one of the country’s biggest media and entertainment companies. In 2022, Kalanithi Maran, who owns SRH, will have a net worth of 18,347 Crore INR.
7. N Srinivasan is the owner of the Chennai Super Kings
India Cements is the one who owns the Chennai Super Kings. Mahendra Singh Dhoni was the captain of the Chennai IPL Team when they won four times: in 2010, 2011, 2018, and 2021. India Cements is run by N Srinivasan, who is the CEO.
The amount of money N Srinivasan has is 7.4 billion Indian rupees.
8. Mumbai Indians Owner – Mukesh Ambani
Reliance is India’s biggest group of companies. The only IPL Franchise owners of the team is Mukesh Ambani. The Mumbai IPL Team has won the most IPL trophies, with five. It’s no surprise that the owner of the team is the second richest sports team owner in the world, after Steve Balmer, who owns the NBA’s Los Angeles Clippers.
In 2022, Mukesh Ambani had a net worth of 7,48,499 crore INR.
9. Gujarat Titans: CVC Capitals Partners Pvt Ltd.:
The Gujarat Titans have been given a lot of money by the CVC Capitals. The team seems to have a very healthy culture because it won its first league in its first year of existence. The CVC Capitals have put money into F1 Racing teams in the past. All of their assets are worth 123 billion USD as of right now.
10. Sanjiv Goenka (RPSG Group) Owns the Lucknow Super Giants.
The RPSG group is a well-known Indian sports investor. The Rising Pune Super Giant was the first one. As soon as that team broke up, Sanjiv Goenka was eager to get back into business. He has also put money into the Indian football team Mohun Bagan, which is one of the best. Sanjiv Goenka has a net worth of 6 billion USD as of right now.
The list of IPL Franchise owners and how much money they have is over. As far as the IPL teams go, they have to keep competing with each other, and the owners of the teams also have to try to make the most money.