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Who is Rajasthan Royals Owner? Know About RR Net Worth, And Controversy

5 min
Rajasthan Royals Owner
Table of content

Rajasthan Royals (RR) is one of the original franchises of the Indian Premier League, representing the state of Rajasthan since the tournament’s inaugural season in 2008. The team made history by winning the first-ever IPL title in 2008 under the captaincy of Shane Warne, earning a reputation for smart talent scouting and backing some of the best cricketers in the world.

Over the years, the Rajasthan Royals have been known for discovering emerging Indian talents and building competitive squads with a mix of youth and international experience. The franchise reached the IPL final again in 2022, showing the consistent ability to remain competitive in the league’s evolving landscape.

Rajasthan Royals Team Overview

Team NameRajasthan Royals
Age19 years (Founded in 2008)
Ownership Since20026
OwnerKal Soman led consortium
Owner’s Net Worth₹13,000+ crore
Win Ratio49.77% (111 wins in 223 matches)
Team Net Worth$1.6 billion
Rajasthan Royals Team Overview

Who is the owner of RR?

A consortium that includes Walmart and is led by existing stakeholder Kal Somani has acquired 100% ownership of the Rajasthan Royals for USD 1.6 billion.

This diversified ownership structure was strengthened after international investment from RedBird Capital in 2021. Under this systematic ownership, Rajasthan Royals operates while continuing to expand its presence across international cricket ventures and sports businesses.

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Business Ventures & Affiliation

The Rajasthan Royals owner name is Manoj Badale, who is the head of Emerging Media and Royals Sports Group and has expanded into multiple global sports ventures. Apart from owning the IPL franchise, the group also owns Barbados Royals in the Caribbean Premier League and Paarl Royals in South Africa’s SA20 league, building a multi-team international cricket network.

Additionally, Badale is a co-founder of the venture-capital firm Blenheim Chalcot, which invests in technology, financial services, and education companies worldwide. Through these investments and global franchise affiliations, the Rajasthan Royals ownership has developed a diversified sports and business portfolio.

What is the Net Worth of Rajasthan Royals?

RR is one of the most valuable franchises in the Indian Premier League. According to recent sports-business valuations, the franchise is estimated to be worth around $1.1–1.2 billion, which is approximately around ₹9,000–10,000 crore. This reflects the rapid rise in IPL team values due to broadcasting deals, sponsorships, and global fan growth. The team’s strong brand presence, early IPL title win (2008), international ownership group, and growing commercial partnerships have increased its financial worth over the past decade, placing it among the high-value IPL franchises.

Performance Stats Under Royal Multisport Private Limited

RR team owner, the Royals Sports Group, has experienced fluctuating performances since IPL inception. The franchise famously won the inaugural IPL title in 2008 under Shane Warne and later reached the IPL final in 2022, finishing runners-up. Over the years, RR has qualified for the playoffs multiple times, including notable seasons such as 2013, 2015, 2018, 2022, and 2024. The team also faced setbacks, including a two-year suspension (2016–2017), which interrupted performance continuity. Despite inconsistencies, the Rajasthan Royals remain a competitive franchise with strong captains like Sanju Samson, who has helped his team reach several playoffs.

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Rajasthan Royals Ownership History

Rajasthan Royals were established in 2008 when the franchise was acquired by Emerging Media IPL Ltd., led by entrepreneur Manoj Badale, during the inaugural IPL auction. Over time, the ownership structure evolved, and the franchise now operates under Royal Multisport Pvt. Ltd.

International investors later joined the ownership, including Lachlan Murdoch and RedBird Capital Partners, strengthening the franchise’s global investment base. RedBird Capital acquired a minority stake in 2021, marking a major strategic investment. Despite ownership restructuring over the years, the Royals have remained under the leadership of the Badale since their inception.

One of the best teams in IPL history, the Rajasthan Royals have faced several controversies and legal challenges since their inception. The most popular controversy was the 2013 IPL spot-fixing scandal, where three RR players were arrested and later suspended by the BCCI. This led to a two-year suspension in 2016–2017 for the franchise after the Lodha Committee inquiry. After which, the team official Raj Kundra received a lifetime ban from cricket activities.

Earlier, in 2010, RR also faced temporary expulsion from the IPL over disputes related to ownership and regulatory compliance, though the decision was later overturned in court. These episodes impacted the franchise’s reputation, but the team successfully returned to the IPL in 2018 and has since continued regular participation.

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Frequently Asked Questions

Who is the current owner of Rajasthan Royals?

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The 65% ownership share in Rajasthan Royals belongs to Manoj Badale who partnered with minor stakeholders Lachlan Murdoch and RedBird Capital Partners.

Who were the past owners of Rajasthan Royals?

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The Rajasthan Royals was formerly owned by Shilpa Shetty and Raj Kundra.

What other ventures are associated with the Rajasthan Royals' owners?

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The ownership of Rajasthan Royals includes Manoj Badale as co-founder of Blenheim Chalcot along with Lachlan Murdoch maintaining ownership of media businesses.

What is the net worth of Manoj Badale?

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As of 2026, Manoj Badale's net worth is $160 million.

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Edited by- Aaryan Raj
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