The IPL has supporters all around the world, not only in India. The event is nothing short of a celebration, with players from all around the world racing to find a buyer. With the sport, the league is a blend of glamour and glamour. The action-packed competition is the most widely watched cricket competition on the planet. It is frequently regarded as one of modern cricket's stepping stones. On a worldwide scale, the IPL has altered the game. Here’s find out the IPL teams and their owners:
The Mumbai Indians are the most successful franchise in IPL history, having won four IPL crowns and two Champions League Twenty20 crowns. Mukesh Ambani, an Indian industrialist, bought the franchise rights in 2008 and is the owner of MI. Mukesh Ambani is the company's chairman and MI owner, while Nita Ambani is the franchise's representative in team activities. The owner of Mumbai Indians and Reliance Industries' major stakeholder is Mukesh Ambani.
Meanwhile, of the eight franchises in the IPL, Mumbai Indians is the most valued. According to the same source, the Mumbai Indians are worth a massive Rs. 809 crore (US$106 million). They are followed by arch-rivals Chennai Super Kings, which are valued at US$96 million and are valued at 732 crores.
Mukesh Ambani Net Worth: $75 Billion
Preity Zinta is the founder of PZNZ Media, a production firm that has owned a stake in the Punjab-based side since 2008 and is the owner of Kings XI Punjab. Mohit Burman, the director of Dabur India Ltd, holds 46 percent of the shares of Kings XI Punjab. Ness Wadia is also one of Kings XI Punjab's co-owners. He presently owns 23 percent of the franchise's stock. They are the co-owner of KXIP.
Kings XI Punjab, now known as Punjab Kings, was one of the initial eight teams in the Indian Premier League (IPL) when it began in 2008. As of December 2019, the brand value of Kings XI Punjab is projected to be over US$51 million (388 crores).
Preity Zinta Net Worth: $10 Million
The Delhi Capitals (previously known as the Delhi Daredevils) were one of the initial eight clubs in the Indian Premier League (IPL) when it began in 2008. After Mumbai Indians ($111.9 million), Royal Challengers Bangalore ($111.9 million), and Chennai Super Kings ($91 million), GMR Group purchased the IPL franchise in 2008 (i.e. before the inaugural season) for $84 million and were the DC owner, making it the fourth most expensive IPL club to be purchased at the time. They presently own a 50% share in the renowned Indian Premier League team.
The GMR Group sold 50 percent of the franchise to JSW Sports in March 2018. JSW Sports purchased 50% of the franchise's rights for an estimated US$77 million (roughly 550 crores) and now they are the co-owner of Delhi Capitals. The Delhi Capitals owner name is Parth Jindal.
Parth Jindal Net Worth: $1 Million - $5 Million
Liquor baron, Vijay Mallya is the RCB owner. The Royal Challengers Bangalore (RCB) is one of the league's most popular teams. The franchise has had several high-profile superstars in its ranks over the years, including Chris Gayle, Virat Kohli, AB de Villiers, and Shane Watson, but they have yet to win the coveted IPL championship.
RCB team owner, Vijay Mallya also resigned as a director of Royal Challengers Sports Private Limited (RCSPL), thereby relinquishing control of his company. Royal Challengers Bangalore is now owned by United Spirits. United Spirits is an alcoholic beverage firm established in India that was originally controlled by Vijay Mallya, who was also the owner of RCB team's parent business, Royal Challengers Sports Pvt Ltd (RSCPL).
Vijay Mallya Net Worth: $600 Million
Manoj Badale is the owner of Rajasthan Royals IPL cricket team, which he founded. He is involved in several humanitarian endeavors. He also served on the board of the Charity Technology Trust as a founding trustee. Manoj, the RR owner formerly worked as a partner at Monitor Company, where he lived in the United Kingdom, Germany, and India.
As of December 2019, the brand value of the Rajasthan Royals is projected to be over US$43 million (327 crores). Their brand value has lately dipped as a result of the two-year punishment they received for their role in the IPL 2013 spot-fixing scandal.
Manoj Badale Net Worth: $160 Million
The Kolkata Knight Riders owner are Bollywood actor Shah Rukh Khan, actress Juhi Chawla and her spouse Jay Mehta. SRK (Red Chillis entertainment), the owner of KKR, owns 55% and the rest is owned by the Mehta group.
The IPL team is owned equally by Red Chillies Entertainment and the Mehta group, with Red Chillies holding the majority of the shares. The crew has always had a taste for celebrity, and you can expect nothing less from Bollywood icon Shah Rukh Khan.
Shah Rukh Khan Net Worth: $640 Million
The Sun TV Network's Kalanithi Maran won the auction for the Deccan Chargers franchise and became the owner of Sunrisers Hyderabad. Kalanithi, the SRH owner, is the grandson of former Tamil Nadu Chief Minister M. Karunanidhi and the son of former Union Minister of India Murasoli Maran. The BCCI canceled the Hyderabad franchise Deccan Chargers, which won the IPL in 2009, in 2012, and a tender for a new club was issued. The franchise was taken over and renamed Sunrisers Hyderabad (SRH), and it made its IPL debut in 2013.
SRH team owner, Sun TV-owned business has a brand worth of 524 crores ($69 million). The Hyderabad franchise has 1.3 million Instagram followers, 2,2 million Twitter followers, and a further 5.9 million Facebook fans. In 2013, Kalanithi Maran, the owner of SRH, bought the franchise for US$12 million per year on a five-year arrangement.
Kalanithi Maran Net Worth: $1.6 Billion
N Srinivasan, the Managing Director of India Cements Limited and the owner of CSK, is one of the franchise's most powerful executives. In the IPL 2008, India Cements took over as CSK owner, a position it held for ten years.
The Chennai Super Kings (CSK) was one of the eight founding franchises in the Indian Premier League (IPL) when it first began in 2008. They are the second most successful franchise in IPL history, behind Mumbai Indians, with three IPL titles and two Champions League Twenty20 triumphs.
N Srinivasan Net Worth: $80 Million
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