Mumbai Indians are one of the biggest T20 franchises on the planet. They are a cricketing powerhouse and the most successful team in the Indian Premier League. The Blues have won the most number of titles (5) in the marquee league. They also have a remarkable success rate in the final. The Mumbai-based franchise has won five of the six finals they have played.
Mumbai Indians enjoy a massive fanbase courtesy of the superstars present in their squad. From the great Sahin Tendulkar, Zaheer Khan, and Harbhajan Singh in the past to Rohit Sharma, Jasprit Bumrah, and Suryakumar Yadav at the moment, Mumbai Indians have never been short of star attraction.
Mumbai Indians (MI) Owner Details
|Team Name||Mumbai Indians|
|CEO/Team Manager||Rahul Sanghvi|
Who is the Owner of Mumbai Indians (MI) in IPL?
Indiawin Sports Private Limited, owned by Reliance Industries, is the owner of Mumbai Indians. Reliance Industries is an Indian conglomerate company with its wings spread across various articles, including telecommunications, retail, energy, natural gas, mass media, textiles, petrochemicals, and other sectors. Indiawin Sports Private Limited is also a subsidiary of Reliance Industries.
The Mumbai-based businessman Mukesh Ambani is the Chairman and Managing Director of Reliance Industries. Meanwhile, his wife Nita Ambani, who actively participates in the social businesses of Reliance Industries, handles the activities related to the franchise. However, for the last couple of years, the couple’s sons, Akash and Anant Ambani are actively taking care of the franchise.
Mumbai Indians Team Brand Value – How Much Do Mumbai Indians Owners Earn?
In 2008, Reliance Industries bought the Mumbai-based franchise for a whopping amount of $111.9 million. It was the most expensive bid registered to buy any of the eight teams featured in the inaugural season of the Indian Premier League.
Mumbai Indians are one of the most celebrated franchises in the mega league. Their on-field success over the years has only added to the franchise’s value. According to a report from Forbes in 2022, the Mumbai-based franchise is the most valuable team in the Indian Premier League.
As per Forbes, Mumbai Indians are valued at $1.3 billion in 2022. While they had a revenue of $33 million during the IPL 2022, their operating income was $5.5 million.