IPL Team Owners 2026 — Complete List of All 10 IPL Team Owners, Net Worth & History
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The Indian Premier League is not just the biggest cricket league in the world — it is a multi-billion dollar business empire. Behind each of the 10 IPL franchises stands a powerful ownership group, from India's wealthiest industrialists to Bollywood superstars and global private equity firms.
Understanding who owns IPL teams matters because ownership drives everything: player auctions, team strategy, stadium deals, and long-term franchise value. Since the first IPL auction in 2008, franchise valuations have skyrocketed — teams bought for $60-110 million are now worth over $1 billion each.
Here is the complete list of all 10 IPL 2026 team owners, their net worth, ownership history, and key facts about each franchise.
Complete List of All 10 IPL 2026 Team Owners
1. Mumbai Indians — Reliance Industries (Nita Ambani)
Owner: Indiawin Sports Pvt Ltd (a subsidiary of Reliance Industries)
Key Person: Nita Ambani, Chairperson of Mumbai Indians
| Detail | Info |
|---|---|
| Bought | 2008 |
| Purchase Price | $111.9 million (₹111.9 crore) |
| Current Valuation | ~$1.3 billion (2025 estimate) |
| Owner Net Worth | Ambani family — $100+ billion |
| Titles Won | 5 (2013, 2015, 2017, 2019, 2020) |
Mumbai Indians are the most successful IPL franchise with five titles. The team is owned through Indiawin Sports, a wholly-owned subsidiary of Reliance Industries Limited. Nita Ambani, wife of Mukesh Ambani (Asia's richest person), serves as the chairperson and is the public face of the franchise.
Does Nita Ambani own Mumbai Indians? Yes. Nita Ambani owns Mumbai Indians through Reliance Industries' subsidiary Indiawin Sports Pvt Ltd. While Mukesh Ambani is the controlling shareholder of Reliance Industries, Nita Ambani has been the driving force behind the MI franchise since its inception in 2008.
The Ambani family expanded their cricket portfolio globally, acquiring teams in the SA20 (MI Cape Town) and Major League Cricket in the USA (MI New York), making Mumbai Indians a truly global brand.
2. Chennai Super Kings — CSK Cricket Ltd (N. Srinivasan)
Owner: Chennai Super Kings Cricket Ltd
Key Person: N. Srinivasan, former BCCI President and Chairman of India Cements
| Detail | Info |
|---|---|
| Bought | 2008 |
| Purchase Price | $91 million (₹91 crore) |
| Current Valuation | ~$1.15 billion (2025 estimate) |
| Owner Net Worth | N. Srinivasan — ~$1.5 billion |
| Titles Won | 5 (2010, 2011, 2018, 2021, 2023) |
Chennai Super Kings are tied with Mumbai Indians for the most IPL titles. The franchise is owned by Chennai Super Kings Cricket Ltd, a subsidiary of India Cements (now part of the UltraTech Cement family after the Aditya Birla Group acquisition). N. Srinivasan, the controversial former BCCI president, remains the key figure behind CSK.
CSK were banned from the IPL for two seasons (2016-2017) due to spot-fixing allegations involving team principal Gurunath Meiyappan (Srinivasan's son-in-law). The franchise returned in 2018 and won the title that very year under MS Dhoni's captaincy — one of the greatest comebacks in IPL history.
3. Royal Challengers Bengaluru — United Spirits / Diageo
Owner: Royal Challengers Sports Private Limited
Key Person: Prathmesh Mishra (Chairman)
| Detail | Info |
|---|---|
| Bought | 2008 |
| Purchase Price | $111.6 million (₹111.6 crore) |
| Current Valuation | ~$1.1 billion (2025 estimate) |
| Parent Company | Diageo (through United Spirits Ltd) |
| Titles Won | 0 |
Royal Challengers Bengaluru were originally owned by Vijay Mallya through United Spirits. After Mallya's financial troubles and exile from India in 2016, ownership transferred to Diageo, the British multinational drinks company that had acquired United Spirits. RCB rebranded from "Bangalore" to "Bengaluru" in 2024.
Despite having some of the biggest names in cricket history — Virat Kohli, AB de Villiers, Chris Gayle — RCB remain the most high-profile franchise to have never won an IPL title. Their passionate fan base, known as the "12th Man Army," makes them one of the league's most valuable brands regardless.
4. Kolkata Knight Riders — Red Chillies Entertainment (Shah Rukh Khan)
Owner: Red Chillies Entertainment & Knight Riders Group
Key Persons: Shah Rukh Khan and Juhi Chawla (co-owners)
| Detail | Info |
|---|---|
| Bought | 2008 |
| Purchase Price | $75.1 million (₹75.1 crore) |
| Current Valuation | ~$1.1 billion (2025 estimate) |
| Owner Net Worth | Shah Rukh Khan — ~$770 million |
| Titles Won | 3 (2012, 2014, 2024) |
Kolkata Knight Riders bring Bollywood glamour to the IPL. Shah Rukh Khan, often called "King Khan" and one of the world's biggest film stars, co-owns the franchise with actress Juhi Chawla and her husband Jay Mehta through Red Chillies Entertainment and Mehta Group.
KKR expanded their brand globally with franchises in the Caribbean Premier League (Trinbago Knight Riders), Major League Cricket (Los Angeles Knight Riders), SA20 (Abu Dhabi Knight Riders), and ILT20 in the UAE. The Knight Riders Group is the most globally diversified cricket franchise brand in the world.
5. Rajasthan Royals — Manoj Badale & Emerging Media
Owner: Emerging Media IPL Ltd
Key Person: Manoj Badale (Lead Owner and Chairman)
| Detail | Info |
|---|---|
| Bought | 2008 |
| Purchase Price | $67 million (₹67 crore) |
| Current Valuation | ~$900 million (2025 estimate) |
| Owner Net Worth | Manoj Badale — ~$300 million |
| Titles Won | 1 (2008) |
Rajasthan Royals were the Cinderella story of the inaugural IPL, winning the first-ever title under Shane Warne's captaincy despite being the cheapest franchise at auction. Manoj Badale, a British-Indian entrepreneur, leads the ownership consortium.
Like CSK, Rajasthan Royals were banned for two seasons (2016-2017) due to co-owner Raj Kundra's involvement in betting. Since their return, the franchise has rebuilt its reputation with a strong focus on data analytics and player development. The Royals also acquired a stake in the SA20 team Paarl Royals.
6. Sunrisers Hyderabad — SUN Group (Kavery Kalanithi)
Owner: SUN TV Network (SUN Group)
Key Person: Kavery Kalanithi (formerly Kalanithi Maran)
| Detail | Info |
|---|---|
| Bought | 2012 |
| Purchase Price | $85 million (₹85 crore) |
| Current Valuation | ~$900 million (2025 estimate) |
| Owner Net Worth | Kalanithi Maran family — ~$4.5 billion |
| Titles Won | 1 (2016) |
Sunrisers Hyderabad replaced the Deccan Chargers franchise in 2012 after the original Hyderabad franchise was terminated by the BCCI due to its owner's financial troubles. Kalanithi Maran, the media mogul behind SUN TV Network (one of India's largest media conglomerates), bought the franchise. Kavery Kalanithi plays a key role in managing the team's operations.
SRH won their only IPL title in 2016 under David Warner's captaincy. The franchise is known for its disciplined auction strategies and strong bowling units.
7. Punjab Kings — Mohit Burman, Ness Wadia & Preity Zinta
Owner: KPH Dream Cricket Private Limited
Key Persons: Mohit Burman, Ness Wadia, Preity Zinta, Karan Paul
| Detail | Info |
|---|---|
| Bought | 2008 |
| Purchase Price | $76 million (₹76 crore) |
| Current Valuation | ~$850 million (2025 estimate) |
| Titles Won | 0 |
Punjab Kings (originally Kings XI Punjab until 2021) have one of the most diverse ownership groups in the IPL. Mohit Burman (Dabur Group Vice Chairman), Ness Wadia (Wadia Group scion), Bollywood actress Preity Zinta, and Karan Paul (Apeejay Group Chairman) form the core ownership consortium.
Despite featuring some of the IPL's most explosive batting performances — including KL Rahul's incredible run as captain — Punjab Kings are one of only two original franchises to have never won a title. They reached the final in 2014 but lost to KKR.
8. Delhi Capitals — GMR Group & JSW Group
Owner: GMR Group (50%) and JSW Group (50%)
Key Persons: Grandhi Mallikarjuna Rao (GMR) and Parth Jindal (JSW)
| Detail | Info |
|---|---|
| Bought | 2008 |
| Purchase Price | $84 million (₹84 crore) |
| Current Valuation | ~$1 billion (2025 estimate) |
| Titles Won | 0 |
Delhi Capitals went through a major transformation when JSW Group bought a 50% stake from the original owners GMR Group in 2018. The same year, the franchise rebranded from Delhi Daredevils to Delhi Capitals. Parth Jindal, son of JSW Group Chairman Sajjan Jindal, is the most visible face of the ownership.
The equal 50-50 ownership split between GMR and JSW has raised questions about decision-making authority. The BCCI approved the arrangement with both groups sharing operational responsibilities on a rotational basis.
9. Gujarat Titans — CVC Capital Partners
Owner: CVC Capital Partners (through Irelia Company Pte Ltd)
Key Person: CVC Capital Partners global leadership
| Detail | Info |
|---|---|
| Bought | 2021 (started play in 2022) |
| Purchase Price | $943 million (₹5,625 crore) |
| Current Valuation | ~$1.1 billion (2025 estimate) |
| Titles Won | 1 (2022) |
Gujarat Titans made history by winning the IPL title in their very first season in 2022 under Hardik Pandya's captaincy — the first expansion team to win a major sports league title in their debut. CVC Capital Partners, a Luxembourg-based global private equity firm managing over $180 billion in assets, owns the franchise through Irelia Company Pte Ltd.
CVC's initial bid faced scrutiny because of the firm's past investments in betting companies, but the BCCI eventually cleared the ownership. At $943 million, Gujarat Titans were one of the two most expensive franchise purchases in IPL history.
10. Lucknow Super Giants — RPSG Group (Sanjiv Goenka)
Owner: RPSG Group (through RPSG Sports Pvt Ltd)
Key Person: Sanjiv Goenka, Chairman of RP-Sanjiv Goenka Group
| Detail | Info |
|---|---|
| Bought | 2021 (started play in 2022) |
| Purchase Price | $940 million (₹5,600 crore) |
| Current Valuation | ~$1 billion (2025 estimate) |
| Owner Net Worth | Sanjiv Goenka — ~$6 billion |
| Titles Won | 0 |
Lucknow Super Giants are owned by Sanjiv Goenka's RPSG Group, a conglomerate with interests in power, retail (Spencer's), and entertainment. Goenka is no stranger to IPL ownership — he previously owned the Rising Pune Supergiant (2016-2017), the replacement franchise during CSK's ban.
LSG made the playoffs in their first two seasons (2022, 2023), showing strong franchise management despite being a new team.
IPL Team Valuations Comparison Table
| Rank | Team | Owner/Group | Purchase Price | Current Valuation (2025 est.) |
|---|---|---|---|---|
| 1 | Mumbai Indians | Reliance Industries (Nita Ambani) | $111.9M (2008) | ~$1.3B |
| 2 | Chennai Super Kings | CSK Cricket Ltd (N. Srinivasan) | $91M (2008) | ~$1.15B |
| 3 | Royal Challengers Bengaluru | Diageo / United Spirits | $111.6M (2008) | ~$1.1B |
| 4 | Kolkata Knight Riders | Red Chillies (Shah Rukh Khan) | $75.1M (2008) | ~$1.1B |
| 5 | Gujarat Titans | CVC Capital Partners | $943M (2021) | ~$1.1B |
| 6 | Delhi Capitals | GMR + JSW Group | $84M (2008) | ~$1.0B |
| 7 | Lucknow Super Giants | RPSG Group (Sanjiv Goenka) | $940M (2021) | ~$1.0B |
| 8 | Rajasthan Royals | Emerging Media (Manoj Badale) | $67M (2008) | ~$900M |
| 9 | Sunrisers Hyderabad | SUN Group (Kalanithi Maran) | $85M (2012) | ~$900M |
| 10 | Punjab Kings | Burman, Wadia, Preity Zinta | $76M (2008) | ~$850M |
The original eight franchises were sold in 2008 for a combined $723.59 million. Today, those same eight teams are collectively worth over $8 billion — a return of more than 10x in 18 years.
Who is the Richest IPL Team Owner?
Nita Ambani and the Ambani family are the richest IPL team owners by a massive margin. With the Ambani family's net worth exceeding $100 billion through Reliance Industries, no other IPL owner comes close.
Here is how the wealthiest IPL owners compare:
| Owner | Team | Estimated Net Worth |
|---|---|---|
| Ambani Family (Nita Ambani) | Mumbai Indians | $100+ billion |
| Sanjiv Goenka | Lucknow Super Giants | ~$6 billion |
| Kalanithi Maran | Sunrisers Hyderabad | ~$4.5 billion |
| Sajjan Jindal family (Parth Jindal) | Delhi Capitals (50%) | ~$3 billion |
| N. Srinivasan | Chennai Super Kings | ~$1.5 billion |
| Shah Rukh Khan | Kolkata Knight Riders | ~$770 million |
| Mohit Burman (Dabur) | Punjab Kings | ~$700 million |
| Manoj Badale | Rajasthan Royals | ~$300 million |
| Preity Zinta | Punjab Kings | ~$30 million |
CVC Capital Partners (Gujarat Titans) manages over $180 billion in assets but as a private equity firm, net worth comparisons work differently than for individual owners.
Who is the BCCI Chairman Now?
As of early 2026, Roger Binny serves as the President of the Board of Control for Cricket in India (BCCI). The former India cricketer and 1983 World Cup winner took over as BCCI president in October 2022.
Jay Shah, who served as BCCI Secretary from 2019 to 2024, moved on to become the Chairman of the International Cricket Council (ICC) in December 2024. Jay Shah, son of India's Home Minister Amit Shah, is one of the youngest people to head the ICC.
The BCCI president and secretary are the two most powerful positions in Indian cricket, controlling everything from IPL governance to India team selection processes. Check IPL 2026 schedule for the latest season details.
How Much Do IPL Teams Cost?
The cost of owning an IPL team has increased dramatically since the league's inception:
- 2008 (Original 8 teams): $67M to $111.9M per franchise
- 2012 (Sunrisers Hyderabad): $85M (replacement franchise)
- 2021 (Gujarat Titans & Lucknow Super Giants): $940M-$943M per franchise
That means the cost of buying a new IPL franchise increased roughly 14x in just 13 years (2008 to 2021). If the IPL were to add two more teams in the future — which has been widely discussed — analysts estimate each new franchise could sell for $1.5 billion or more.
Beyond the purchase price, IPL teams generate revenue through:
- BCCI central revenue share (media rights, sponsorships)
- Match-day revenue (tickets, hospitality, food & beverage)
- Team sponsorships (jersey deals, brand partnerships)
- Merchandise sales
The 2023-2027 IPL media rights deal was sold for $6.2 billion, making the IPL one of the most valuable sporting properties on Earth — behind only the NFL, NBA, and Premier League.
For detailed team records and stats, check our IPL records page.
Frequently Asked Questions
Who is the owner of all the IPL teams?
There are 10 IPL teams in 2026, each with different owners. The complete list: Mumbai Indians (Nita Ambani / Reliance Industries), Chennai Super Kings (N. Srinivasan / CSK Cricket Ltd), Royal Challengers Bengaluru (Diageo / United Spirits), Kolkata Knight Riders (Shah Rukh Khan / Red Chillies), Rajasthan Royals (Manoj Badale), Sunrisers Hyderabad (Kalanithi Maran / SUN Group), Punjab Kings (Mohit Burman, Ness Wadia, Preity Zinta), Delhi Capitals (GMR Group + JSW Group), Gujarat Titans (CVC Capital Partners), and Lucknow Super Giants (Sanjiv Goenka / RPSG Group). See all teams on our teams page.
Who is the main owner of Mumbai Indians?
Nita Ambani is the Chairperson and main public face of the Mumbai Indians franchise. The team is owned through Indiawin Sports Pvt Ltd, a subsidiary of Reliance Industries, which is controlled by the Ambani family. Read more about MI.
Does Nita Ambani own Mumbai Indians?
Yes, Nita Ambani owns Mumbai Indians. The franchise was bought by Reliance Industries in 2008 for $111.9 million, and Nita Ambani has served as the chairperson since the team's inception. She is actively involved in team management, player selection, and strategic decisions.
Who is the CEO of the Mumbai Indians team?
The executive operations of Mumbai Indians are managed through Reliance Industries' sports division. The franchise has had various leadership roles over the years, with the Ambani family maintaining strategic oversight. For the latest front-office details, check Mumbai Indians.
Who is the BCCI chairman now?
As of 2026, Roger Binny serves as the BCCI President (the equivalent role often referred to as "chairman"). Roger Binny, a member of India's 1983 World Cup-winning squad, became BCCI president in October 2022. Jay Shah, the former BCCI Secretary, became ICC Chairman in December 2024.
Looking for the IPL 2026 schedule? Check match dates, venues, and timings. Explore all team profiles on our teams page, or dive into all-time IPL records.
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Rahul Sharma
Expert in: Ipl 2026Rahul Sharma has played district-level cricket in Mumbai for 8 years and has personally tested more than 50 bats, pads, gloves, and helmets across different price ranges. He joined CricJosh to help Indian club cricketers make smarter equipment choices without overpaying. His reviews are based on real match and net session use, not sponsored samples.
Why trust this review: Rahul has used every product in this review across multiple match and net sessions before writing a word. He buys equipment at retail price and accepts no free samples.
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