IPL 2022: Owners of all 10 teams
To date, the owners have been superlative with their efforts to manage the teams in a fine fashion.
1. Kolkata Knight Riders (KKR) – Red Chillies Entertainment & Mehta Group
The two Bollywood celebrities, Shah Rukh Khan and Juhi Chawla, came together in 2008, to co-own a Kolkata-based franchise, and named it Kolkata Knight Riders. In this joint partnership, Red Chillies Entertainment owns a 55% share, while the Mehta Group has a 45% share in the franchise.
Red Chillies Entertainment is a visual effects, production, and distribution company founded by Shah Rukh Khan in 2003. The revenue of the company is estimated to be INR 4000 crores annually. The Mehta group is owned by the husband of Juhi Chawla, Jay Mehta and is involved in businesses like sugar, cement, and building materials.
In 2015, the owners decided to buy a stake in one of the teams of the Caribbean Premier League and named it Trinbago Knight Riders. They are also said to be in advanced talks to buy a team in the proposed UAE T20 League.
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