PBKS Owner 2024: The Indian Premier League (IPL) is a popular cricket tournament that is one of the most watched and profitable sports leagues in the world. Millions of viewers tune in to watch the IPL every year. The IPL is a T20 cricket championship, so the games are short, intense, and exhilarating. This is the main appeal of the IPL, but another major reason why it’s so beloved is due to the many teams.
Ten teams participate in the IPL and represent various cities or states in India. The Punjab Kings are a notable IPL franchise that has been part of the tournament since 2008. PBKS was the runner-up team in 2014 and has a devoted fanbase, especially in the state of Punjab. But do you know who the owner of the Punjab Kings is? Read along to find out.
Punjab Kings (PBKS) Owner 2025
- Punjab Kings is a famed Indian Premier League franchise based out of Mohali, Punjab, and was established in 2008. It’s one of the original IPL teams.
- It was previously called Kings XI Punjab (KXIP), but the name was changed to Punjab Kings in 2021.
- The team is jointly owned by Ness Wadia, Preity Zinta, Karan Paul, and Mohit Burman.
- Originally, in 2008, the Kings XI Punjab were bought by Burman, Wadia, and Zinta in a 2:1:1 ratio. Saptarishi Dey of Dey & Dey Group held a minor stake.
- The group acquired the Punjab Kings for $76 million.
- As of 2022, the Punjab Kings are the ninth most valuable IPL team, with an estimated value of $925 million.
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Preity Zinta: The Owner of the Punjab Kings
- Preity Zinta is a Bollywood actress and entrepreneur who is one of the co-owners of the Punjab Kings.
- She was born in Shimla, Himachal Pradesh, India, on January 31, 1975, into a military family.
- Zinta ventured into modelling after her graduation and soon entered the film industry.
- She won over many fans with her natural charm, comedic timing, and powerful screen presence.
- Over her career, Zinta starred in many acclaimed movies like Koi Mil Gaya, Veer Zaara, Kal Ho Naa Ho and Lakshya.
- The latest net worth of Preity Zinta is estimated to be around 183 crore rupees.
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Who is Ness Wadia?
- Ness Nusli Wadia is an Indian businessman from the prominent Wadia family.
- He is the son of Nusli Wadia, the chairman of the Wadia Group and owner of Britannia Industries.
- Ness Wadia serves the managing director of Bombay Burmah Trading Corporation.
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Who is Mohit Burman?
- Mohit Burman is a famous Indian businessman who serves as chairman of the FMCG company Dabur Ltd.
- The company provides employment to more than 7,000 people and operates in over 120 countries. It’s known for its traditional and Ayurvedic products.
- Burman also sits on the boards of Aviva India, Eveready Industries, Universal Sompo, and Burman Hospitality.
- He owns the majority stake in the Punjab Kings IPL franchise.
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Punjab Kings in IPL 2025
Punjab Kings are known for their explosive playing but have made it to the playoffs only twice in the history of IPL. However, Punjab Kings remains a fan-favourite team of IPl and draws huge crowds, especially from North India. The home ground of the Punjab Kings is the Punjab Cricket Association IS Bindra Stadium in Mohali.
List of IPL Team Owners 2025
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 Bangalore | United Spirits Limited (USL) | United Spirits Limited | 2008 | $11.95 billion | ₹98,891 crore |
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: $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 ownership of the Punjab Kings highlights the diverse business leaders and celebrities invested in the IPL. This overview of all 2025 IPL team owners underscores the significant financial backing and star power that fuel one of the world's most watched and valuable sports leagues.