IPL team ownership combines major business houses and Bollywood influence. Mukesh and Nita Ambani lead the Mumbai Indians, Shah Rukh Khan and Juhi Chawla co-own KKR, Sanjiv Goenka heads the Lucknow Super Giants, while Preity Zinta is part of the Punjab Kings. Their financial power and star value shape the league’s identity.
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IPL Team Owners 2026 List: Indian Premier League Franchise Ownership & Net Worth Details

Summary
The Indian Premier League (IPL) maintains its position as cricket’s worldwide top T20 league while uniting professional sporting excellence with astute business operations. The franchise owners direct the vital process of team development while fans watch matches on the field through their cricket spectatorship.
The IPL has developed into much more than an ordinary cricket competition, as it now represents an extensive sports enterprise worth billions of dollars that integrates sports with entertainment and commercial components. Shopping for IPL ownership unites a collection of powerful figures who represent various professional domains, which include Nita Ambani and Akash Ambani among industrial leaders and Shah Rukh Khan and Preity Zinta among celebrity investors.
Through its franchise model, IPL has established a valuable system where owners gain match revenue and sponsorships, together with brand value increases and multiple business deal opportunities. The billion-dollar media rights growth transformed IPL teams into worldwide holding companies that function as commercial empires.
List of IPL Teams Owners
All IPL teams unite under powerful ownership groups consisting of billionaire industrialists alongside Bollywood celebrities as well as corporate ventures. The owners of IPL teams are quite famous as well due to their presence during the IPL matches. Here is the updated list of IPL team owners ahead of IPL 2026.
| S.NO. | Team Name | Ownership Group | Key Partners | Established Year | Franchise Net Worth |
|---|---|---|---|---|---|
| 1 | Royal Challengers Bengaluru | Hombale Films | Hombale Films | 2008 | $269 million |
| 2 | Mumbai Indians | Indiawin Sports Pvt Ltd/Reliance Industries | Nita Ambani, Akash Ambani | 2008 | $242 million |
| 3 | Chennai Super Kings | Chennai Super Kings Cricket Limited | N. Srinivasan | 2008 | $235 million |
| 4 | Kolkata Knight Riders | Knight Riders Sports Private Limited | Shah Rukh Khan, Juhi Chawla, Jay Mehta | 2008 | $227 million |
| 5 | Sunrisers Hyderabad | Sun TV Network Limited | Kavya Maran | 2012 | $154 million |
| 6 | Delhi Capitals | JSW GMR Cricket Pvt Ltd | GMR Group and JSW Group | 2008 | $152 million |
| 7 | Rajasthan Royals | Royal Multisport Private Limited | Manoj Badale, Lachlan Murdoch | 2008 | $146 million |
| 8 | Gujarat Titans | Irelia Sports India Private Limited | Torrent group and CVC Capital Partners | 2022 | $142 million |
| 9 | Punjab Kings | K.P.H. Dream Cricket Private Limited | Mohit Burman, Ness Wadia, Preity Zinta, Karan Paul | 2008 | $141 million |
| 10 | Lucknow Super Giants | RPSG Sports Private Limited | Dr. Sanjiv Goenka | 2022 | $122 million |
IPL Team Owners—Updated 2026
Over the years, the IPL has taken cricket to a new level by establishing a prosperous business sector that runs through annual matches involving ten teams. Since its establishment in 2008, the league has increased rapidly because it now attracts worldwide fans and multi-million-dollar broadcast deals and sponsorship agreements.
The IPL team owners create dominant teams through their substantial financial support and strategic investments and their passionate dedication; thus, they affect both IPL structures and worldwide cricket operations. As we head into the 2026 season, let’s get into the ownership details behind each franchise, exploring the forces driving this billion-dollar league.
10. Lucknow Super Giants | RPSG Sports Private Limited

During its inaugural IPL season of 2022, Lucknow Super Giants became one of the standout teams in the tournament’s opening years. Dr. Sanjiv Goenka leads the business conglomerate RPSG Group, which owns the Lucknow Super Giants through his ownership of the franchise.
The RPSG Group used to own the Rising Pune Supergiants until 2016-2017, after the Chennai Super Kings and Rajasthan Royals received their suspensions. Sanjiv Goenka has been seen a lot supporting his team, which was established in 2022. As of 2025, the net worth of the franchise is $122 million.
| Key Partners | Established Year | Franchise Net Worth |
|---|---|---|
| Dr. Sanjiv Goenka | 2022 | $122 million |
9. Punjab Kings | K.P.H. Dream Cricket Private Limited

The Punjab Kings (formerly Kings XI Punjab) exist with co-ownership between Bollywood actress Preity Zinta, along with businessman Ness Wadia, and individual owners Mohit Burman and Karan Paul. The group acquired the franchise in 2008, and, despite a lack of IPL trophies, Punjab Kings continues to be one of the most valuable franchises in the league. The net worth of the franchise has risen to $141 million after IPL 2025, and it is known as the most unsuccessful team in IPL.
| Key Partners | Established Year | Franchise Net Worth |
|---|---|---|
| Mohit Burman, Ness Wadia, Preity Zinta, Karan Paul | 2008 | $141 million |
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8. Gujarat Titans | Irelia Sports India Private Limited

Gujarat Titans rose to IPL success after their recent establishment and became a leading franchise in a short period. The Ahmedabad-based team declared victory in their very first IPL season in 2022 under the command of Hardik Pandya. After the IPL 2023 finals, the Gujarat Titans fell short against their opponent, the Chennai Super Kings.
The BCCI conducted its new IPL team auction in 2021, where various international companies participated before CVC Capital Partners secured the Gujarat Titans franchise for $750 million. The Gujarat Titans franchise was secured by CVC Capital Partners through a ₹5,625 crore ($750 million) IPL record-breaking investment. Currently, the franchise is owned by the Torrent group and CVC Capital Partners and has a net worth of $142 million.
| Key Partners | Established Year | Franchise Net Worth |
|---|---|---|
| Torrent group and CVC Capital Partners | 2022 | $142 million |
7. Rajasthan Royals | Royal Multisport Private Limited

During the IPL 2008 auction process, Rajasthan Royals proved to be the most affordable franchise for Emerging Media when the company paid $67 million to acquire the team. RR fans grew steadily, but the team faced a few crises due to public scandals, which damaged their standing. A silent investor with substantial team ownership faced controversies in 2010. This led to regulatory violations from BCCI because of alleged dishonest auction bidding.
The duo of businessperson Raj Kundra, together with his wife, actress Shilpa Shetty, bought shares in RR in 2015. Rajasthan Royals suffered a two-year ban after the owners became involved in betting and match-fixing activities, which darkened their tenure. Currently, Manoj Badale is the lead owner of the Rajasthan Royals, whose net worth is around $146 million.
| Key Partners | Established Year | Franchise Net Worth |
|---|---|---|
| Manoj Badale, Lachlan Murdoch | 2008 | $146 million |
6. Delhi Capitals | JSW GMR Cricket Pvt Ltd

The Delhi Capitals entered the IPL in 2008 when they originally operated as the Delhi Daredevils. The franchise belonged completely to GMR Group until 2018, when Parth Jindal of JSW Sports bought 50% ownership for ₹550 crore.
Through this strategic collaboration, Delhi Capitals developed into a strong team that appeared frequently in playoff competitions. The cricket operation at this franchise relies on JSW Group and GMR Group co-ownership, as the owner of DC, while Parth Jindal serves as the operational head. The franchise has a net worth of around $152 million.
| Key Partners | Established Year | Franchise Net Worth |
|---|---|---|
| GMR Group and JSW Group | 2008 | $152 million |
5. Sunrisers Hyderabad | Sun TV Network Limited

The media and broadcasting giant SUN Group, through its owner Kalanithi Maran, operates the IPL team Sunrisers Hyderabad. The Sunrisers franchise began operations in 2012 after the Deccan Chargers received its termination. Under Maran’s direction, SRH maintains a growing position in the IPL by keeping its signature bowling strength despite winning one IPL championship. The team is operated by Kavya Maran, the daughter of Kalanithi Maran, who has also invested in other of the richest cricket leagues in the world.
| Key Partners | Established Year | Franchise Net Worth |
|---|---|---|
| Kavya Maran | 2012 | $154 million |
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4. Kolkata Knight Riders | Knight Riders Sports Private Limited

The three-time champions, Kolkata Knight Riders (KKR), operate under joint ownership between Bollywood icons Shah Rukh Khan and Juhi Chawla and her husband, Jay Mehta. Red Chillies Entertainment, together, bought KKR for ₹2.98 billion in 2008. The fan base of KKR maintains strong support because of its two IPL victories and reputation for movie star ownership, combined with innovative promotional tactics. The current net worth of KKR is $227 million.
| Key Partners | Established Year | Franchise Net Worth |
|---|---|---|
| Shah Rukh Khan, Juhi Chawla, Jay Mehta | 2008 | $227 million |
3. Chennai Super Kings | Chennai Super Kings Cricket Limited

Since 2008, Chennai Super Kings has operated as a team subdivision of India Cements Limited, which is managed through its subsidiary Chennai Super Kings Cricket Limited. The president of Chennai Super Kings is N. Srinivasan, who has provided continuous leadership to the club from the first IPL season in 2008. Due to Srinivasan’s business expertise and cricket knowledge, CSK has secured multiple IPL championships, effectively positioning itself as a league-leading team.
| Key Partners | Established Year | Franchise Net Worth |
|---|---|---|
| India Cements Limited/N. Srinivasan | 2008 | $235 million |
2. Mumbai Indians | Indiawin Sports Pvt Ltd/Reliance Industries

Through its subsidiary Reliance Industries, the Ambani family controls the Mumbai Indians (MI), which has proven to be one of the most successful teams of the IPL. The franchise operates under the leadership of Nita Ambani and Akash Ambani, while Mukesh Ambani remains the paper owner. Mumbai Indians occupy a position as one of the IPL’s most affluent teams since they draw their wealth from Reliance through their decision-making and financial strength.
| Key Partners | Established Year | Franchise Net Worth |
|---|---|---|
| Nita Ambani, Akash Ambani | 2008 | $242 million |
1. Royal Challengers Bengaluru | Hombale Films

Since 2008, Royal Challengers Bengaluru has brought grandeur to the IPL by participating in the competition from its inaugural season. Vijay Mallya, the Kingfisher Airlines and United Spirits chairman, acquired Royal Challengers Bangalore (RCB) in 2008 with a bidding triumph of $111.6 million, which was the second highest amongst all buyers that year.
Mallya lost his ownership of RCB in 2016 when financial defaults prompted his departure from India, along with facing legal challenges. The bankruptcy of Kingfisher Airlines triggered United Spirits, as a subsidiary of Diageo, to acquire complete control of RCB.
The ownership of RCB has taken a turn, where it has not been operated by Hombale Films, which is a Kannada production house based in Bengaluru. The franchise's net worth rose after it won IPL 2025 and is currently around $269 million.
| Key Partners | Established Year | Franchise Net Worth |
|---|---|---|
| Hombale Films | 2008 | $269 million |
Future of IPL Ownership
IPL's financial expansion has triggered changes in its ownership system. IPL market growth attracts new investors, together with corporate houses as well as worldwide sports corporations, who seek ownership stakes. A global outlook of potential expansion beyond 10 teams might bring in big organizations to invest, which would give the league even more financial strength.
IPL will emerge as an equivalent competitor to the NFL, NBA, and EPL regarding global recognition of major sports leagues within the upcoming years. The league possesses endless business potential because of its strong ownership base, making it the biggest cricket league in the world.
Conclusion
The IPL serves as both a cricket tournament and a spectacular sports business platform that depends on ownership, creativity, and worldwide investment. Each IPL franchise, including those controlled by Mukesh Ambani and Shah Rukh Khan, as well as CVC Capital, functions as a multi-million-dollar business operation. IPL 2026 maintains its dual element where the players face serious competition, although the organizations silently engage in aggressive business moves.
Frequently Asked Questions
How many IPL teams are there?
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How many IPL teams are there?
There are 10 IPL teams.
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