Richest IPL 2023 franchises owner: There are ten franchises in the IPL, each owned by a mix of individuals, corporations, and conglomerates. The team owners not only invest in players and coaching staff but also take care of the business and financial aspects of their franchises.
The team owners come from various backgrounds and industries, ranging from Bollywood actors to corporate giants. Some of the notable IPL team owners include Mukesh Ambani (Mumbai Indians), Shah Rukh Khan (Kolkata Knight Riders), Nita Ambani (Mumbai Indians), Vijay Mallya (Royal Challengers Bangalore), and Preity Zinta (Kings XI Punjab).
Apart from being a business venture, owning an IPL franchise is also a matter of pride for many of these owners. They are seen cheering for their teams in the stands during matches and actively participate in the team’s decision-making processes.
The team owners also play a vital role in the development of cricket in India. They invest in grassroots programs and support local talent, which has helped in the discovery of several young, talented players who have gone on to represent the national team.
TOP 5 Richest IPL 2023 franchises owner
Here is the list of TOP 5 Richest IPL 2023 franchises owner
|Franchises owner Name||Franchises Team||Net Worth|
|Nita Ambani (Mukesh Ambani Wife)||Mumbai Indians (MI)||₹8,200 Cr|
|Narayanaswami Srinivasan||Chennai Super Kings (CSK)||₹2,460.3 Cr|
|Kalanithi Maran||Sunrisers Hyderabad (SRH)||$3.3 Billion|
|Shah Rukh Khan||Kolkata Night Rider (KKR)||₹5900 Cr|
|United Spirits Limited||Royal Challengers Bangalore (RCB)||₹8,911 Cr|
Mukesh Ambani ( MI )
Mukesh Ambani’s ownership of the Mumbai Indians is not only a matter of business but also of pride. The team is one of the most successful franchises in the IPL, winning the championship a record five times under his leadership.
His commitment to the team is reflected in his active participation in the team’s decision-making process and his visible presence in the stands during matches, cheering on his team.
Mukesh Ambani’s success in the business world is equally impressive. As the chairman and managing director of Reliance Industries Ltd., he has transformed the company into a global powerhouse, with interests spanning across various sectors such as petrochemicals, refining, oil, gas exploration, and retail. In 2022, Reliance Industries Ltd. had a market value of over $200 billion, making it the most valuable company in India.
Current net worth (2023) – 8,200 crores
Narayanaswami Srinivasan ( CSK)
He is an Indian industrialist and former Chairman of the International Cricket Council (ICC) and President of the Board of Control for Cricket in India (BCCI). He is also the owner of the Chennai Super Kings franchise in the Indian Premier League (IPL). Under his ownership, CSK has become one of the most successful teams in the IPL, with three championship titles and eight finals appearances.
Srinivasan’s contributions to Indian cricket administration are significant. He was instrumental in the creation of the IPL, which has transformed the sport in India and become one of the most lucrative T20 cricket leagues in the world. During his tenure as the President of the BCCI, India hosted a successful 2011 Cricket World Cup.
Apart from his involvement in cricket and ownership of CSK, Srinivasan is also a successful industrialist. He is the Vice-Chairman and Managing Director of India Cements Limited, which has diversified into various sectors such as sugar, shipping, and power.
Current net worth (2023) – Rs. 2,460.3 Cr.
Kalanithi Maran ( SRH)
Kalanithi Maran is a prominent Indian media mogul and business leader who has made significant contributions to the Indian media and aviation industries. He is the founder and chairman of the Sun Group, a major player in the media and entertainment industry with a diverse range of businesses under its umbrella.
Apart from his media holdings, Maran also held a major share in Spice Jet, an Indian airline that saw significant growth and profitability during his tenure as a shareholder. His business acumen and leadership played a crucial role in the success of the airline.
Maran is also the owner of the Sunrisers Hyderabad franchise in the Indian Premier League (IPL). The team has enjoyed success under his ownership, winning the championship in 2016 and qualifying for the playoffs in several other seasons.
Current net worth (2023) – $3.3 billion
Shah Rukh Khan ( KKR)
The Kolkata Knight Riders (KKR) is a popular IPL franchise owned by a consortium consisting of Bollywood superstar Shah Rukh Khan, actress Juhi Chawla, and her spouse Jay Mehta. Shah Rukh Khan is one of the most recognized faces in Indian cinema and is known for his exceptional acting skills. Juhi Chawla is a renowned actress and a former Miss India. Jay Mehta is a businessman with interests in various industries.
The KKR franchise was acquired by this consortium in 2008, and since then, the team has been a formidable force in the IPL. The team has won the championship twice, in 2012 and 2014, and has a massive fan following all over India.
Apart from their involvement in KKR, the trio has also been actively involved in philanthropy and social initiatives. Shah Rukh Khan’s Meer Foundation focuses on women’s empowerment and child welfare, while Juhi Chawla’s foundation works towards environmental and health issues.
Current net worth (2023) – 5900 Crore rupees
United Spirits Limited (RCB)
The Royal Challengers Bangalore franchise is under the ownership of United Spirits Limited (USL), a subsidiary of the esteemed Diageo Group. In July 2021, Prathmesh Mishra assumed the position of RCB Chairman, succeeding Anand Kripalu. Additionally, they have expanded their involvement in the world of cricket by acquiring a franchise worth INR 971 crore in the Women’s Premier League.
Current net worth (2023) – ₹8,911 crore (US$1.1 billion)