The growing popularity of cricket, football, kabaddi, and other sports in India has motivated several Indian billionaires to invest their wealth in sports. Due to their immense wealth, many have purchased franchises in popular domestic leagues like the Indian Premier League (IPL), Indian Super League (ISL), and others. Mukesh Ambani owns five cricket teams in national and international leagues. At the same time, Gautam Adani has put his money into kabaddi and cricket leagues by buying stakes in several teams. Below are seven Indian billionaires who have invested crores in sports teams.
Mukesh Ambani, Gautam Adani, and 5 other Indian billionaires who own world-class sports teams
1. Mukesh Ambani
According to the Forbes Richest List and other publicly available data, the Chairman and Managing Director of Reliance Industries Ltd, Mukesh Ambani, has a net worth of $105.2 billion (approximately Rs 8,74,666 crore). The 11th most valued person in the world, the 66-year-old Indian billionaire, owns five cricket teams — Mumbai Indians, Mumbai Indians Women’s Team, MI Cape Town, MI Emirates, and MI New York — worth thousands of crores. “It gives me great pleasure to welcome MI Emirates & MI Cape Town, the newest additions to our #Onefamily. For us, MI goes beyond cricket. It embodies the ability to dream, be fearless, and foster a positive attitude. I am sure that both MI Emirates and MI Cape Town will embrace the same ethos and take MI’s global cricket legacy to even greater heights,” Nita Ambani said in an official press release after unveiling the new franchises in 2022.
2. N Srinivasan
