The IPL has become a global phenomenon, attracting large investments from prominent personalities, celebrities, and business tycoons. The ownership structure of IPL franchises plays a key role in shaping the league’s success. As we approach the 2025 IPL season, let’s take a closer look at the owners behind the league's ten iconic teams.
Team | Owner(s) | Net Worth | wins |
Mumbai Indians | Mukesh Ambani | $87 million | 5 |
Chennai Super Kings | N. Srinivasan | $81 million | 5 |
Kolkata Knight Riders | Shah Rukh Khan, Juhi Chawla, Jay Mehta | $78.6 million | 3 |
Royal Challengers Bangalore | United Spirits | $69.8 million | 0 |
Delhi Capitals | GMR Group, JSW Group | $64.1 million | 0 |
Sunrisers Hyderabad | Kalanithi Maran | $48.2 million | 1 |
Rajasthan Royals | Manoj Badale & Others | $62.5 million | 1 |
Punjab Kings | Mohit Burman, Ness Wadia, Preity Zinta, Karan Paul | $45.3 million | 0 |
Gujarat Titans | CVC Capital Partners | $65.4 million | 1 |
Lucknow Super Giants | Sanjiv Goenka | $47 million | 0 |
Owner: Mukesh Ambani (Reliance Industries)
Net Worth: $87 million
Ownership Overview: Mumbai Indians is owned by Mukesh Ambani through his conglomerate, Reliance Industries. With a net worth of $87 million, Mumbai Indians is the wealthiest franchise in the IPL. Reliance is a multinational corporation with significant operations in petrochemicals, telecommunications, and retail, which has heavily backed the team, enabling MI to win five IPL titles.
Owner: N. Srinivasan (India Cements via Chennai Super Kings Cricket Limited)
Net Worth: $81 million
Ownership Overview: CSK is owned by N. Srinivasan through India Cements. Despite facing a two-year suspension, CSK remains one of the most successful franchises in IPL history, having won 5 titles. Srinivasan’s leadership and the team’s consistent on-field performance have ensured that CSK stays at the top.
Owner: Shah Rukh Khan, Juhi Chawla, Jay Mehta (Red Chillies Entertainment)
Net Worth: $78.6 million
Ownership Overview: Bollywood superstar Shah Rukh Khan, actress Juhi Chawla, and businessman Jay Mehta own KKR through their production company, Red Chillies Entertainment. KKR has won the IPL title three times (2012, 2014, and 2024) and is known for its blend of entertainment and sports strategy.
Owner: United Spirits Limited (Diageo)
Net Worth: $69.8 million
Ownership Overview: RCB is owned by United Spirits, a subsidiary of the global beverage company Diageo. While RCB has yet to win an IPL title, the team has a strong financial backing and boasts a massive fanbase, particularly due to the presence of stars like Virat Kohli and AB de Villiers.
Owner: GMR Group and JSW Group
Net Worth: $64.1 million
Ownership Overview: DC’s ownership is a joint venture between the GMR Group and JSW Group. Although they have not won an IPL title, the team has been a consistent contender, with a promising squad of young players. Their appearance in the 2020 final was a notable achievement, showcasing their potential.
Owner: Kalanithi Maran (Sun TV Network)
Net Worth: $48.2 million
Ownership Overview: SRH is owned by Kalanithi Maran through the Sun TV Network. Despite being a newer franchise (formed in 2012), SRH won their first IPL title in 2016 and has consistently remained competitive, thanks to a well-balanced team and strong leadership.
Owner: Manoj Badale and Others (Emerging Media IPL Ltd)
Net Worth: $62.5 million
Ownership Overview: RR, the inaugural IPL champions in 2008, is primarily owned by Manoj Badale through Emerging Media IPL Ltd, with other significant investors, including Lachlan Murdoch. Known for nurturing young talent, RR has remained a competitive force in the IPL despite operating with a smaller budget than many other franchises.
Owner: Mohit Burman, Ness Wadia, Preity Zinta, Karan Paul
Net Worth: $45.3 million
Ownership Overview: PBKS is owned by a consortium of investors, including Mohit Burman, Ness Wadia, Preity Zinta, and Karan Paul. Despite a strong ownership group and loyal fanbase, PBKS has not yet won an IPL title, although they reached the final in 2014.
Owner: CVC Capital Partners
Net Worth: $65.4 million
Ownership Overview: One of the newer IPL franchises, Gujarat Titans made an immediate impact by winning the IPL title in their debut season (2022). The team has proven to be a strong contender, thanks to strategic management and a balanced squad. CVC Capital Partners, a private equity firm, owns the team.
Owner: Sanjiv Goenka (RPSG Group)
Net Worth: $47 million
Ownership Overview: LSG, owned by the RPSG Group (led by Sanjiv Goenka), entered the IPL in 2022. The team impressed in its debut season by reaching the playoffs and has since become a strong contender with a mix of experienced players and emerging talent.
The IPL Team Owners List 2025 reflects the fascinating mix of industrialists, celebrities, and corporate giants who have invested in the league. These owners have played a critical role in shaping the IPL's success, whether through substantial financial backing, strategic management, or brand development. Mumbai Indians stands as the richest franchise in the IPL, largely due to the vast resources of Reliance Industries, but every team has its own unique ownership story, contributing to the league's widespread appeal and financial prosperity.
As the IPL continues to grow, these owners will likely continue to influence the league’s future, helping maintain its status as one of the most popular and lucrative sports competitions worldwide.
1. Who owns the Mumbai Indians franchise? Mumbai Indians is owned by Mukesh Ambani and his family through Reliance Industries.
2. Who owns the RCB? RCB is owned by United Spirits, a subsidiary of Diageo.
3. What is the net worth of the IPL teams? The net worth of IPL teams varies, with Mumbai Indians being the richest at $87 million, followed by Chennai Super Kings ($81 million) and Kolkata Knight Riders ($78.6 million).
4. Who owns the Rajasthan Royals? Rajasthan Royals is owned by Manoj Badale through Emerging Media IPL Ltd, with additional investors like Lachlan Murdoch.
5. Which is the richest IPL team in 2025? The richest IPL team in 2025 is Mumbai Indians, owned by Mukesh Ambani and backed by Reliance Industries.