The Indian Premier League launched in 2008 and has since grown into the biggest cricket tournament on the planet. Every IPL franchise has deep-pocketed backers behind it. These are top-tier business magnates, film stars, or large corporations that hold the reins. Their capital, their strategies, and their long-range planning drive each team forward.
Fast forward to 2025, and Royal Challengers Bengaluru finally lifted their maiden IPL title. United Spirits (a Diageo company) still owns RCB, but the franchise is undergoing a significant strategic review. That process should wrap up by March 31, 2026.
After RCB clinched that historic 2025 championship, billionaire Adar Poonawalla (head of the Serum Institute of India) publicly stated on January 22, 2026, that he intends to submit a serious bid for the team. Reports peg the franchise valuation at roughly $2 billion.
List Of IPL Team Owners: Quick Overview (2026)
Below is a rundown of the individuals and groups who own IPL franchises. This covers every team in the world’s premier cricket league. Find out who controls the franchise you cheer for:
| Team Name | Owners | Owners’ Company | Purchase Year | Net Worth (USD) | Net Worth (INR Crore) |
|---|---|---|---|---|---|
| Mumbai Indians | Mukesh Ambani, Nita Ambani | Reliance Industries | 2008 | $92.8 billion | ₹7,73,760 crore |
| Royal Challengers Bengaluru | United Spirits Ltd (Diageo) + Hombale Films (expected) | United Spirits Ltd, Hombale Films | 2008–2026 (Hombale expected) | ~$11.95 billion (Diageo/USL) | ₹98,891 crore ~ ₹17,000 crore (approx.) |
| Chennai Super Kings | N. Srinivasan | India Cements | 2008 | $10 billion | ₹83,333 crore |
| Sunrisers Hyderabad | Kalanithi Maran | Sun TV Network | 2012 | $5.3 billion | ₹44,166 crore |
| Delhi Capitals | Sajjan Jindal, Parth Jindal | GMR Group, JSW Group | 2008 | GMR: $3.2B, JSW: $7.68B | GMR: ₹26,666 cr, JSW: ₹64,000 cr |
| Punjab Kings | Mohit Burman, Ness Wadia, Preity Zinta, Karan Paul | Multiple individual owners | 2008 | Dabur: $10.4B, Zinta: $15M, Wadia: $6.7M | Dabur: ₹86,666 cr, Zinta: ₹125 cr, Wadia: ₹55.8 cr |
| Kolkata Knight Riders | Shah Rukh Khan, Juhi Chawla, Jay Mehta | Mehta Group | 2008 | SRK: $780M, Juhi: $6M, Jay Mehta: $3.5B | SRK: ₹6,500 cr, Juhi: ₹50 cr, Jay: ₹29,166 cr |
| Rajasthan Royals | Manoj Badale, Lachlan Murdoch & others | Royals Sports Group | 2008 | Badale: $160M, Murdoch: $2.1B | Badale: ₹1,333 cr, Murdoch: ₹17,500 cr |
| Gujarat Titans | CVC Capital Partners | CVC Capital Partners plc | 2021 | €182 billion AUM | ₹16,38,000 crore (approx.) |
| Lucknow Super Giants | Sanjiv Goenka | RPSG Group | 2021 | $4.5 billion | ₹37,500 crore |
The table above captures the owners, their parent companies, net worth figures, and the year each franchise changed hands. A few teams have celebrity owners at the forefront, while others lean on major corporate houses for support.
1. Mumbai Indians – Ambani Family
The Mumbai Indians entered the IPL picture in 2008. Mukesh Ambani, the wealthiest person in India, and his wife Nita Ambani run the team through Reliance Industries. Over the years, the Mumbai Indians have carved out a reputation as the tournament’s most decorated side. They have five titles to their name: 2013, 2015, 2017, 2019, and 2020.

The franchise stands out because of its sharp eye for raw talent. Time and again, MI has picked up unknown youngsters and turned them into match-winners. The Ambani family’s financial muscle means the team never runs short of resources. That blend of clever recruitment and heavy investment keeps the Mumbai Indians fighting at the top, year after year.
2. Royal Challengers Bengaluru – Currently Diageo & Up for Sale
Royal Challengers Bengaluru (RCB) started in 2008. Vijay Mallya originally bought the franchise, but when Diageo completed its takeover of United Spirits in 2016, control of the team shifted along with it. Today, Diageo is the sole owner. Going into the 2025 season, Diageo still runs the operations, but changes could be on the way. The company has already begun reviewing its options ahead of the 2026 IPL cycle.

Reports indicate that Hombale Films, the Bengaluru-based production house known for blockbusters like KGF and Kantara, is in advanced talks to pick up a minority stake. No deal has been signed yet. Industry insiders expect a resolution by March 31, 2026. Should the deal go through, RCB would add a strong local ally in Bengaluru, while Diageo would retain overall control of the franchise.
3. Chennai Super Kings – India Cements, N. Srinivasan
Chennai Super Kings kicked off their IPL story in 2008. India Cements owns the franchise, with N. Srinivasan steering the ship. CSK has earned a name for delivering strong results year after year. They have picked up the IPL title five times: 2010, 2011, 2018, 2021, and 2023.

By 2025, CSK will hold the tag of the richest IPL franchise. That comes down to their massive brand recognition, a fiercely loyal supporter base, and sharp commercial decisions both on and off the field. The franchise did face a setback when the BCCI suspended them for two seasons (2016 and 2017). But CSK stormed back and showed the cricketing world they remain a force to be reckoned with.
4. Sunrisers Hyderabad – Sun TV, Kavya Maran
Sunrisers Hyderabad took over from the Deccan Chargers in 2012. Kalanithi Maran and his daughter Kavya Maran own the franchise through Sun TV Network.

Over the years, SRH has built a reputation around its potent bowling lineup. The team claimed its first and only IPL championship in 2016.
5. Delhi Capitals – Sajjan Jindal and Parth Jindal
Sajjan Jindal and Parth Jindal, representing the GMR and JSW Groups respectively, share ownership of the Delhi Capitals. The franchise joined the league in 2008. An IPL trophy has not come their way yet, but the progress in recent years is hard to overlook.

Delhi reached their first-ever final in 2020 and have continued to book playoff spots. The team’s squad balances experienced international names with promising Indian cricketers. That mix makes them a strong contender going forward.
6. Punjab Kings – Ness Wadia, Preity Zinta
Punjab Kings have been part of the IPL since 2008. Mohit Burman, Ness Wadia, Preity Zinta, and Karan Paul co-own the franchise. The team has fielded several big-name players over the years, and its owners are never far from the spotlight. Yet Punjab has reached the final only twice: in 2014 and 2025. Despite being one of the eight original franchises, the title keeps eluding them.

Both finals ended in defeat. The team has experimented with different strategies over the years, including a full rebrand. Still, they continue to chase that elusive maiden IPL crown, and the fans keep believing that the next season will be the one.
7. Kolkata Knight Riders – Shah Rukh Khan, Juhi Chawla
From the very start of the IPL in 2008, the Kolkata Knight Riders (commonly known as KKR) have drawn massive crowds and fan loyalty. Bollywood superstar Shah Rukh Khan is the headlining owner, alongside actress Juhi Chawla and her husband Jay Mehta. The group picked up the franchise for around ₹2.98 billion through Shah Rukh’s Red Chillies Entertainment and the Mehta family business.

KKR commands one of the most passionate fanbases in the IPL. The team’s leadership group is also known for staying ahead of the curve. They do not just participate; they compete with real intensity, consistently reaching the playoffs. The results speak for themselves: KKR has lifted the IPL trophy three times – in 2012, 2014, and most recently in 2024.
8. Rajasthan Royals – Manoj Badale
Rajasthan Royals won the very first IPL title in 2008. Manoj Badale’s Media IPL Ltd now controls the majority stake in the franchise. The team hit a rough patch in 2015 when a suspension kept them out for two seasons. They returned to action in 2018.

The Royals are famous for unearthing young talent and handing them real opportunities. They rarely boast the biggest auction budget, but somehow they keep producing surprises. That 2008 championship run, led by Shane Warne, remains one of the greatest underdog stories in IPL history.
9. Gujarat Titans – CVC Capital Partners
Gujarat Titans arrived in the IPL in 2022 and made an immediate impact. Backed by CVC Capital Partners, they turned heads from day one. Under Hardik Pandya’s captaincy, the Titans won the trophy in their debut season.

That kind of opening statement tells you everything about how well the squad was assembled and how sharp the game plan was. From the very first ball, the Gujarat Titans made it clear they were not in the league to fill numbers. They came to win.
10. Lucknow Super Giants – Sanjiv Goenka’s RPSG Group
Lucknow Super Giants entered the IPL in 2022, alongside Gujarat Titans, when the BCCI expanded the tournament to 10 teams. Sanjiv Goenka’s RPSG Group owns the franchise. The same group had previously run the Rising Pune Supergiants during CSK’s suspension period.

In their very first season, Lucknow went straight to the playoffs without hesitation. With a roster that blends experienced overseas stars and exciting Indian players, the Super Giants look set to become a consistent force in the IPL for years to come.
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Conclusion: IPL Teams And Their Owners Bring Diversity and Financial Power to Cricket
The Indian Premier League is about much more than thrilling matches on the field. The owners who operate each franchise shape their teams’ direction through financial backing, decision-making, and vision. They build competitive squads, forge new ways to engage supporters, and keep pushing the boundaries of what cricket entertainment looks like. Without them, the IPL would not have grown into the global sporting giant it is today.
Consider RCB. After years of coming close, they finally won their first IPL title in 2025. That success did not happen by accident. It required patience, sustained investment, and a refusal to settle for anything less. Stories like that highlight just how critical ownership is in this league. As the IPL continues to evolve, these owners will remain at the heart of its energy, ambition, and growth.
FAQs
Mukesh Ambani (Mumbai Indians) and N. Srinivasan (Chennai Super Kings) have regularly produced strong on-field results and built immense brand value for their franchises.
The Board of Control for Cricket in India (BCCI) runs and governs the IPL. Individual franchises belong to separate entities or business groups.
Mukesh Ambani, who owns the Mumbai Indians, is widely recognized as the richest owner in the IPL. He also ranks among the wealthiest people globally.
Based on recent valuations, the Mumbai Indians consistently top the charts in brand value. Chennai Super Kings and Kolkata Knight Riders are close behind. These rankings shift from year to year depending on various performance and commercial factors.
