Mukesh Ambani wealthiest cricket team owner

Business tycoon Mukesh Ambani is the wealthiest Indian cricket team owner with an estimated net worth of $21.2 billion, according to a Wealth-X estimate.

Ambani is the Chairperson, Managing Director and the largest shareholder of Reliance Industries, and through Reliance, Ambani owns the Mumbai Indians, the defending IPL champions.

According to Wealth-X, a global wealth intelligence and prospecting company, Ambani's worth is almost ten times the personal fortune of media baron Kalanidhi Maran who is at the second spot among the IPL owners and represents a significant chunk of the collective total.

Collectively the eight ultra high net worth individuals on the Wealth-X list control $25.17 billion, the Wealth-X report said.

Kalanidhi Maran the owner of Sunrisers Hyderabad was placed in the second position with a net worth of $2.2 billion, followed by Vijay Mallya (Royal Challengers Bangalore, $640 million), and Sharukh Khan (Kolkata Knight Riders, $600 million) in the third and fourth place respectively.

Others in the list include, Grandhi Mallikarjuna Rao (Delhi Daredevils, $270 million), Manoj Badale (Rajasthan Royals, $160 million), Narayanaswami Srinivasan (Chennai Super Kings, $70 million) and Preity Zinta (Kings XI Punjab, $30 million).

To compile the list, Wealth-X selected the most prominent and significant shareholder from each of the eight teams competing in the ongoing IPL.

The 2014 IPL season began on April 16 and would run till June 1. There are eight teams vying for the trophy this season one less than 2013 after the withdrawal of the Pune Warriors India.

Wealth-X provides insight into the ultra wealthy with the world's largest collection of curated research on ultra high net worth (UHNW) individuals, defined as those with net assets of $30 million and above.

EDITORIAL OF THE DAY

  • Mob rage against the Tanzanian woman betrays racial and gender prejudices

    The mob rage in Bangalore against the Tanzanian woman is a national disgrace from which we can never recover even if we punish the wrong doers.

FC NEWSLETTER

Stay informed on our latest news!

TODAY'S COLUMNS

Sachin Shridhar

VIPism is casteism by another name

Much has been written and lamented about the all-pervasive VIP ...

Zehra Naqvi

‘What if the British never came to India?’

Legendary Canadian writer Margaret Atwood proves as elusive to the ...

Bubbles Sabharwal

It's the life in your years that counts

We are all in a sense pilgrim souls enjoying the ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture