The richest sports owner in the world is an Indian

Apr 6, 2023By: ET Online

Mukesh Ambani

Forbes has named Mukesh Ambani as the richest sports owner on the earth, a crown the tycoon has reclaimed this year.Image Source: BCCL

Net worth

Richest Asian and Indian, Mukesh Ambani, has a net worth of $83.4 billion as of March 10, 2023, Forbes said.Image Source: AFP

Dream team

Through Indian conglomerate Reliance Industries, Ambani owns the Indian Premier League’s Mumbai Indians.Image Source: BCCL

Wealthiest cricket franchise

Forbes had last year named Mumbai Indians as the most valuable cricket franchise.Image Source: BCCL

How much is MI worth?

Mumbai Indians, the most successful IPL team with 5 league wins, has a valuation of $1.3 billion as per Forbes.Image Source: AP

Other ventures

Reliance and Ambani recently purchased a franchise in the inaugural Women’s Premier League. The WPL was streamed live on JioCinema.Image Source: Getty Images

Love for cricket

Reliance owns cricket teams overseas too, in New York, South Africa and UAE.Image Source: BCCL

Tryst with football

Not just cricket, the Ambanis have a liking for football too. Nita Ambani is the chairperson of the organisation that operates ISL. Further, Reliance purchased rights of FIFA WC 2022 streaming too.Image Source: BCCL

Reclaiming the crown

Mukesh Ambani has reclaimed the title from Los Angeles Clippers owner Steve Ballmer, who was the former CEO of Microsoft.Image Source: Getty Images

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