Mumbai Indians (MI) are more than just a cricket team—they’re a force to be reckoned with. With five IPL titles, they rank among the most successful franchises in the league. Since their debut in 2008, MI has consistently set the standard for both on-field performance and franchise management.
A major factor behind their success is ownership. Reliance Industries, led by the Ambani family, forms the backbone of the team, turning MI into a global cricketing brand with a massive fan following.
Here’s a closer look at the owners of Mumbai Indians who steer the franchise behind the scenes.
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Who is the Owner of Mumbai indians?
The official owner of Mumbai Indians is Indiawin Sports Private Limited, a subsidiary of Reliance Industries, India’s largest company. At the helm is Mukesh Ambani, one of the richest individuals in the world.
However, it’s not just him running the franchise. Nita Ambani, his wife, is deeply involved in the team’s day-to-day operations, and their son Akash Ambani has also taken on a significant role in recent years.
Reliance Industries has invested time, effort, and substantial resources to build MI into a championship-winning team. From assembling a strong squad to cultivating a massive fan base, their commitment is a major reason why MI continues to dominate the IPL.
MI Owner Share Percentage
Reliance Industries, through its subsidiary Indiawin Sports, owns 100% of Mumbai Indians (MI). While Mukesh Ambani is the public face of Reliance, it’s Nita Ambani who serves as the heart of MI. She has been involved with the team from the very beginning, attending matches, auctions, and major events, ensuring that operations run smoothly and efficiently.
Their son, Akash Ambani, adds a fresh perspective to the franchise. From auction strategies to player management, he plays a key role in important decisions. Together, the Ambani family forms a cohesive leadership team that helps keep MI consistently at the top of the IPL.
MI Owner’s Net Worth
Reliance Industries has owned Mumbai Indians since the very first IPL auction in 2008. Unlike many other franchises, MI has had the same ownership from day one, a factor that has contributed greatly to their stability and consistent success.
At the helm of Reliance Industries is Mukesh Ambani, the richest man in Asia and, by extension, the wealthiest IPL team owner.
Let’s take a closer look at the net worth of this towering figure in both sports and business.
Mukesh Ambani’s Net Worth
Asia’s richest man, Mukesh Ambani
The owner of Mumbai Indians (MI), Mukesh Ambani, has an estimated net worth of approximately $92.8 billion. His wealth, built through Reliance Industries, makes him not only the richest person in Asia but also the wealthiest IPL team owner.
Nita Ambani’s Net Worth
MI Owner and Philanthropist, Nita Ambani
Nita Ambani, wife of Mukesh Ambani and a director at Reliance Industries, is deeply involved in MI’s management as well as the Reliance Foundation’s philanthropic activities. While her exact net worth has not been officially disclosed, as of 2024, it is estimated to be between ₹2,340 and ₹2,510 crore.
MI Owner’s Controversies
When it comes to controversies, Mumbai Indians’ owners have largely stayed out of trouble. While Reliance Industries has faced criticism in other areas of business, the MI franchise itself has maintained a clean and professional reputation.
This impeccable track record has helped MI attract top sponsors and elite players. It’s also a key reason why fans trust and love the five-time IPL champions so much.
Other Teams owned by MI’s Owners: Business Ventures and Affiliations
Mumbai Indians have grown into a global cricket brand, with several sister franchises competing in leagues around the world:
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MI Cape Town – Competes in South Africa’s SA20 league.
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MI New York – Part of the USA’s Major League Cricket.
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MI Emirates – Competes in the UAE’s T20 league.
On the sponsorship front, MI had a blockbuster 2024, signing deals with brands like Skechers, Pokémon, Cadbury, and more. Their merchandise strategy is equally strong, with partners such as PlayR, FanCode, and Skechers helping fans get official MI gear.
Beyond cricket, MI is committed to social impact through initiatives like Education and Sports for All (ESA), helping children across India pursue their dreams in sports and education.
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FAQs: Mumbai Indians Owners, Nita Ambani
Q.1. Does Nita Ambani own Mumbai Indians?
Ans. When the Indian Premier League launched in 2008 was initiated, the Ambanis bought their hometown-based Mumbai Indians franchise for a whooping $111.9 million. However, it was Nita Ambani who shaped the team into one of the most successful and profitable teams in the cash-rich league.
Q.2. Who are the key figures in the team’s ownership?
Ans. Mukesh Ambani, Nita Ambani, and Akash Ambani are the main people behind the team’s ownership.
Q.3. Which company is owned by Nita Ambani?
Ans. As the wife of Mukesh Ambani, Nita M Ambani is the chairperson and founder of Reliance Foundation. She also owns the Dhirubhai Ambani International School and is a director of Reliance Industries.
Q.4. Who is the owner of WPL Mumbai Indians?
Ans. Indiawin Sports, the owners of Mumbai Indians in the Indian Premier League, bought the rights to one of the franchises in Women’s Premier League (WPL) and named it Mumbai Indians (women).
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