Lucknow Super Giants (LSG) may be one of the youngest teams in the IPL, but they’ve already made a significant mark. Joining the league in 2022, LSG arrived with a bang after being acquired for a record-breaking price.
Since their debut, the team has been all about thrilling cricket, passionate fans, and an unyielding desire to win. At the heart of their journey is Sanjiv Goenka and his RPSG Group. Combining sharp business acumen with a love for the sport, Goenka has positioned LSG to be a strong contender in the IPL.
Here’s a closer look at the owners of Lucknow Super Giants who run the franchise behind the scenes.
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Who is the owner of Lucknow Super Giants?
Lucknow Super Giants (LSG) are owned by the RPSG Group, a sprawling Indian business conglomerate with over 100 years of history. At the helm is Dr. Sanjiv Goenka, who acquired the franchise in 2021 for an astonishing ₹7,090 crore, the highest price ever paid for an IPL team.
The RPSG Group isn’t new to the IPL. Goenka previously owned the Rising Pune Supergiants in 2016 and 2017. With LSG, he’s back in the league with renewed determination to build a championship-winning team.
LSG owner share percentage
Dr. Sanjiv Goenka is the heart and soul of LSG’s ownership. With years of experience in sports management, he knows how to blend business acumen with a passion for the game. Notably, he holds 100% ownership of the Lucknow Super Giants franchise.
The RPSG Group’s sports division, RPSG Sports, also owns the Mohun Bagan Super Giant football team and Durban’s Super Giants cricket team in the SA20 League. Goenka’s vision is clear: to build a sports empire that stands out both in India and globally.
LSG Owner’s Net Worth
In 2021, the IPL decided to expand with two new teams. Sanjiv Goenka entered the bidding war and came out on top with a record ₹7,090 crore bid for the Lucknow-based franchise. LSG debuted in IPL 2022 and has quickly become one of the most exciting teams in the league.
Having said that, let’s now take a look at Dr. Sanjiv Goenka’s net worth as of 2025.
Sanjiv Goenka’s Net Worth
An Indian billionaire businessman and investor, Sanjiv Goenka has an estimated net worth of around ₹34,200 crore (≈ $4 billion) as of 2025, placing him among the wealthiest individuals in India. His fortune comes from a diverse business empire, including companies like Spencer’s Retail, Too Yumm, and Open Magazine, alongside his sports ventures.
LSG Owner’s Controversies
LSG has mostly stayed away from controversies, but one incident during IPL 2024 grabbed headlines. After a heavy loss to Sunrisers Hyderabad, cameras caught Sanjiv Goenka in a heated discussion with captain KL Rahul.
Visuals of the Rahul-Goenka rift in IPL 2024
The clip went viral, drawing mixed reactions from fans—some praised Goenka’s passion, while others questioned the pressure placed on the team. While not a major scandal, the incident highlighted just how invested the owner is in LSG’s performance.
Other Teams owned by LSG’s Owners: Business Ventures and Affiliations
The RPSG Group is far more than just cricket. With a presence in energy, retail, IT, FMCG, and media, they have been a major force in Indian business for decades.
Their sports division, RPSG Sports, manages ventures like the Lucknow Super Giants, Mohun Bagan Super Giant, and Durban Super Giants.
Beyond sports, the group owns Saregama India Ltd, India’s oldest music label, now thriving in digital music, films, and TV. Their media wing, Open Media Network, publishes the magazine Open, while Fortune India produces the Indian edition of the iconic business magazine. They also run Editorji, a digital platform delivering news in video, audio, and text formats.
LSG has also built strong sponsorship partnerships. My11Circle serves as their title sponsor, while brands like Jio, BKT, Greenply, and Cadbury Dairy Milk are associated with the team, further strengthening their commercial presence.
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FAQs: Lucknow Super Giants Owner, Sanjiv Goenka
Q.1. What happened between KL Rahul and Sanjiv Goenka?
Answer: The Rahul-Goenka rift first came to light when the LSG boss blasted the then captain after their humiliating loss to Sunrisers Hyderabad in the last edition of IPL.
Q.2. What is the source of income of Sanjiv Goenka?
Answer: Sanjiv Goenka’s primary source of income is derived from his role as the founder and chairman of the RPSG Group, a large Indian conglomerate. The RPSG Group operates in various sectors, including power, carbon black, IT, FMCG, media, entertainment, and sports.
Q.3. What is the net worth of Lucknow owner?
Answer: The owner of the Lucknow Super Giants, Sanjiv Goenka, has a net worth of approximately $4 billion. This translates to over Rs 342,000 crore as of 2025.
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