Punjab Kings (PBKS) Owner 2024: Name, Net Worth, Background, History, IPL Performance, Other Stakeholders & Squad Updates
Today in this article we’ll discuss who is the owner of Punjab Kings in 2024. The IPL’s seventeenth season will begin play on March 22, 2024. As their favourite teams return to action, fans are giddy with anticipation and excitement. In terms of worth, the Indian Premier League is the second most successful and well-liked sports league in the world, behind only the National Football League (NFL) of the United States. Ten teams compete in the Indian Premier League, a T20 cricket competition, each year to win the IPL cup. There were just eight teams in the Premier League when it was founded in 2008. But, two more teams were added to the field in 2022, making the tournament a 10-team affair. Cricket players from around 13 countries compete in this tournament. The IPL fever never seems to fade. A staggering ₹ 48,390 crore was paid for the IPL media rights for the 2023–2027 season, and ₹ 23,575 crore was paid for the digital rights. This indicates the size of this league. It makes sense that supporters would be curious about the owners of their beloved clubs. Let’s examine the past of one of the Indian Premier League’s most renowned and prosperous teams.
Punjab Kings is one of the original eight teams of the Indian Premier league playing from 2008. Even though PBKS has n’t won their single trophy yet they are still a fan favourite team commanding a huge fan base. In 2024 PBKS will be playing under the Captaincy of Shikhar Dhawan. Moreover, they played their first match of the season against Delhi capitals and won it. Today in this article we’ll see who is the owner of famous Punjab Kings.
Punjab Kings (PBKS) Owner 2024
Founded in 2008, the renowned Indian Premier League team Punjab Kings is situated in Mohali, Punjab. That team was among the first in the IPL. The moniker Kings XI Punjab (KXIP) was used until 2021, when Punjab Kings was adopted. Ness Wadia, Preity Zinta, Karan Paul, and Mohit Burman own the team together. The Kings XI Punjab were first purchased by Burman, Wadia, and Zinta in a 2:1:1 ratio in 2008. With a small shareholding was Saptarishi Dey oh Dey & Dey Group. For $76 million, the consortium purchased the Punjab Kings. With a projected worth of $925 million as of 2024, the Punjab Kings rank eighth among all IPL teams in terms of value.
| Name of the Team | Punjab Kings |
| Owner of the Team | Mohit Burman, Ness Wadia, Preity Zinta, Karan Paul. |
| Chairman of the Team | Not Listed |
| Captain of the Team | Shikhar Dhawan |
| Coach of the Team | Trevor Bayliss |
Also Read:-
Royal Challengers Bangalore (RCB) Owner 2024
Who is Preity Zinta, the owner of the Punjab Kings?
Bollywood actress and businesswoman Preity Zinta is a co-owner of the Punjab Kings. She was born on January 31, 1975, into a military family in Shimla, Himachal Pradesh, India. After graduating, Zinta tried her hand at modeling and quickly made her way into the movie business. Her effortless charm, sharp comedic timing, and commanding on-screen presence garnered her a lot of admirers. Throughout her career, Zinta acted in a number of highly regarded films, including Lakshya, Veer Zaara, Kal Ho Naa Ho, and Koi Mil Gaya. Preity Zinta’s current estimated net worth is $15 million, or 118 crore rupees.
Who is Ness Wadia?
Indian businessman Ness Nusli Wadia is a member of the well-known Wadia family. He is the son of Britannia Industries’ owner and chairman of the Wadia Group, Nusli Wadia. Bombay Burmah Trading Corporation’s managing director is Ness Wadia. He is one of the co-owners of Punjab Kings and dated Preity Zinta between 2005 and 2009.
Who is Mohit Burman?
Renowned Indian businessman Mohit Burman is chairman of the FMCG company Dabur Ltd. The company works in more than 120 countries and employs over 7,000 individuals. It is renowned for its conventional and herbal goods. In addition, Burman serves on the boards of Universal Sompo, Eveready Industries, Burman Hospitality, and Aviva India. The Punjab Kings IPL team is primarily owned by him.
Punjab Kings in IPL 2024
Despite their reputation for explosive play, Punjab Kings have only made two playoff appearances in IPL history. Nonetheless, Punjab Kings continues to be an IPl fan favourite and attracts sizable attendance, particularly from North India. The squad should do better in the 2024 Indian Premier League. Trevor Bayliss will be the coach of PBKS in 2024, and Shikhar Dhawan will be the captain. The Punjab Cricket Association’s IS Bindra Stadium in Mohali is home to the Punjab Kings.
Performance of PBKS (Punjab Kings) over the years
The PBKS have displayed mixed performances throughout the 16 seasons of the toughest T20 on the planet. Some seasons have witnessed standout performances, while others did not go as planned.
| Year | IPL (Indian Premier League) Performance |
| 2008 | Playoffs (2nd) |
| 2009 | League Stage (5th) |
| 2010 | League Stage (8th) |
| 2011 | League Stage (5th) |
| 2012 | League Stage (6th) |
| 2013 | League Stage (6th) |
| 2014 | Runners-up (1st) |
| 2015 | League Stage (8th) |
| 2016 | League Stage (8th) |
| 2017 | League Stage (5th) |
| 2018 | League Stage (7th) |
| 2019 | League Stage (6th) |
| 2020 | League Stage (6th) |
| 2021 | League Stage (6th) |
| 2022 | League Stage (6th) |
| 2023 | League Stage (8th) |
Punjab Kings IPL 2024 Squad
Shikhar Dhawan (c), Matthew Short, Prabhsimran Singh, Jitesh Sharma, Sikandar Raza, Rishi Dhawan, Liam Livingstone, Atharva Taide, Arshdeep Singh, Nathan Ellis, Sam Curran, Kagiso Rabada, Harpreet Brar, Rahul Chahar, Harpreet Bhatia, Vidwath Kaverappa, Shivam Singh, Harshal Patel, Chris Woakes, Ashutosh Sharma, Vishwanath Pratap Singh, Shashank Singh, Tanay Thyagarajann, Prince Choudhary, Rilee Rossouw.
So this was about the ownership of PBKS in IPL 2024. As you can see no single person owns the team but a group of persons. Moreover, you can see Preity Zinta and Ness Wadia cheering for their team occasionally on the ground. We hope that the seventeenth season of PBKS will be a great one and they’ll surely win their first trophy this season.
Also Read:-
- IPL Winners List 2008-2023: Complete List of Indian Premier League Champions
- IPL 2024 Schedule: Matches, Venues, Teams, and Player Lists Revealed
- Complete List of IPL Team Owners 2024: Tata IPL Franchise Ownership Details
- Top 10 Controversies in IPL History 2008-2023: From Sourav Ganguly’s Snub to Spot-fixing Scandals