- Team Ownership: Mumbai Indians is owned by a corporate entity created specifically to manage the franchise, operating under a large Indian business group since the team’s introduction in the IPL.
- Net Worth: The franchise has an estimated net worth of around $87 million, making it one of the most valuable and commercially successful teams in the league.
- Team Success: Mumbai Indians is among the most successful IPL franchises, with multiple championship wins and a strong global fan following that enhances its brand value.
- Controversy: The team has generally maintained a stable ownership image, though recent leadership changes sparked debate and fan reactions, drawing significant media attention.
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Who is Mumbai Indians Owner? Know About MI Net Worth, And Controversy
Summary
Table of content
Mumbai Indians (MI) are one of the most successful teams in the Indian Premier League (IPL), apart from Chennai Super Kings (CSK). They have won five titles and have played in all the seasons, starting from 2008. The best part about the team is the consistency they have maintained after 2010.
They qualified for the finals after two seasons in the cash-rich league, and since then, they haven’t looked back. MI have seen a lot of captains, starting from Sachin Tendulkar to Hardik Pandya. So far, they have had nine captains, with Rohit Sharma leading the race with 163 games as a captain. Rohit’s win percentage is 55.82, as he has won 91 games and five titles.
Currently, Hardik Pandya is the skipper of the team. In 2024, MI removed Rohit and brought in Pandya as their captain. Their fortunes didn’t change as they ended up at the bottom of the points table.
Mumbai Indians Team Overview
| Team Name | Mumbai Indians |
|---|---|
| Age | 17 |
| Ownership since | 2008 |
| Team Captain | Hardik Pandya |
| Head Coach | Mahela Jayawardene |
| Win Ratio | 55.23% |
| Net Worth | $242 million |
Who is the Owner of MI?
On paper, the Mumbai Indians are owned by a company called Indiawin Sports Private Limited, which was made specifically to manage the team. Interestingly, the company is a part of Reliance Industries, which is owned by Mukesh Ambani.
He is the Chairman and Managing Director of Reliance Industries. Thus, he is the MI team owner, but his wife, Nita Ambani, handles the franchise along with her son, Aakash Ambani. Mukesh Ambani is a popular name in the business world, and he has many business ventures.
Business Ventures & Affiliations
Mumbai Indians have multiple business ventures and affiliations not just in India but across the world as well. They own franchises in multiple T20 leagues globally. They have MI Cape Town in South Africa’s SA20, MI Emirates in the International League T20 and MI New York in the USA’s Major League Cricket.
Apart from the franchise things, they have also partnered with top brands like Castrol, Skechers, Kingfisher, Kaspersky, Pokémon, NIC Ice Creams, Goldi Solar, Cadbury Dairy Milk, Sanghvi S3 Group, Bugles, GK TMT and others.
Being one of the franchises with the biggest fanbase, their merchandise game is also strong. Ahead of the IPL 2025, Mumbai Indians made a great deal as Lauritz Knudsen took over as the principal partner of the franchise.
What is the Net Worth of Mumbai Indians?
According to reports, Mumbai Indians net worth is $242 million. They have a pretty loyal fanbase and are leading the net worth race. MI’s net worth stems from IPL’s media rights and excessive-fee sponsorship deals.
Apart from that, merchandising is an important aspect of MI’s monetising gains, as the fans love to buy jerseys, caps, and other merchandise related to the franchise.
The team’s logo fee is another thing to look into as the agencies tie up with them for endorsement offers. Their online presence is fantastic as well, which is a crucial aspect of monetary gains.
Performance Stats Under Indiawin Sports Private Limited
Since the company has been with the franchise since the start, MI’s performance stat is quite neutral. They started their season one and two on a rocky road, but soon gained speed in season three, where they qualified for the finals. Although they lost to CSK in the finals, since then, they have beaten the Men in Yellow in three finals.
They first won their title in 2013 under the leadership of Rohit Sharma, who also led them to the four other titles. They have won in 2013, 2015, 2017, 2019, and 2020. They defended their title once, but since then, the rocky patch has started again. This time, under captain Hardik Pandya, the franchise will hope to have a different result.
Mumbai Indians Ownership History
Mumbai Indians have been one of the teams with a consistent owner since the start of the cash-rich franchise league. Managed by Indiawin Sports Private Limited, the franchise didn’t have to go through the pain of having two different owners year after year. Nita Ambani has been the backbone of the team since its inception.
She has been pretty dedicated to the franchise and the needs of the players, like a true leader. Both her sons, Aakash and Anant Ambani, have stood by her throughout the 17 years of the Indian Premier League like a rock. From the looks of it, the owners intend to stay with the franchise until the end of the league.
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Controversies & Legal Challenges
Unlike other franchises, Mumbai Indians have always avoided controversies and legal issues ever since Reliance owned the franchise. Although Reliance have faced controversies in other areas, it has never impacted the reputation of Mumbai Indians.
It won’t be wrong to say that the clean reputation of franchises has always helped them to attract top sponsors and fans from all over the world.
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Frequently Asked Questions
Who is the current owner of Mumbai Indians?
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Who is the current owner of Mumbai Indians?
Mumbai Indians owner is Indiawin Sports Private Limited, a company that comes under Reliance Industries. Reliance Industries is owned by Mukesh Ambani, who is the chairman and managing director. However, his wife, Nita Ambani, takes care of the franchise along with her son, Aakash Ambani.
Who is the past owner of Mumbai Indians?
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Who is the past owner of Mumbai Indians?
There are no past owners of Mumbai Indians, as they have been handled by the same company since their inception in 2008. The Mumbai Indians owner is Indiawin Sports Private Limited.
What controversies has the ownership faced?
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What controversies has the ownership faced?
Mumbai Indians have never faced any controversies or legality issues since the start of the franchise
What other ventures are associated with the team's owners?
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What other ventures are associated with the team's owners?
They have MI's sister teams in global T20 leagues like SA20 of South Africa.
What is the net worth of the owner?
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What is the net worth of the owner?
As per reports, Mukesh Ambani's net worth is INR 6.7 lakh crores. He is the owner of the Mumbai Indians but on paper, the team is managed by Indiawin Sports Private Limited, a subsidiary of Reliance Industries.
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Edited by- Aaryan Raj
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