The IPL is not just about cricket; it's a multi-billion-dollar business. Meet the owners of the 10 IPL teams, including Mukesh Ambani, Shah Rukh Khan, and others, and learn how their wealth and strategies impact the league's growth and popularity.
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The IPL is beyond cricket; it is a billion-dollar-plus commercial value added encapsulated tournament of entertainment and business. The board of directors of the IPL franchises, with all the glamour of the spectacular cricketing encounters and the ear-splitting audience chants, are business tycoons, Bollywood stars or sports personalities. Their huge fortune multiplies and always tends to actively participate in their teams' fate.
Check out the net worth of the IPL team owners and why they are influential both in the cricket and their business spheres.
1. Lodged in Mumbai is Mukesh Ambani, who owns the Mumbai Indians franchise.
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Net Worth: This group accounted for an investment of $92 billion (Approx. ₹7.6 lakh crore).
Mukesh Ambani of Reliance Industries is not only the richest man of India but also one of the powerful businessmen of the world. His own company has the Mumbai Indians, the team with the record number of IPL titles at five. Under the management of Ambani, the franchise has the policy to combine youthful players and star or experienced players.
2. Shah Rukh Khan, Juhi Chawla, and Jay Mehta own Kolkata Knight Riders.
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Net Worth: Shah Rukh Khan- $770 million (Approx. Rs.6,350 crore), Jay Mehta Rs.2,500 crore
Kolkata Knight Riders (KKR) owned by Bollywood superstar Shah Rukh Khan, actress Juhi Chawla and businessman Jay Mehta. Considered strategic marketers, the three have propelled KKR among the easily sellable franchises of the IPL. The team has won two IPL trophies.
