CSK Owner N Srinivasan: A Titan Of Indian Business With Rs 720 Cr Net Worth
CSK Owner N Srinivasan Net Worth: One of the oldest and most famous teams in the Indian Premier League (IPL) is the Chennai Super Kings. Cricket star Mahendra Singh Dhoni has been leading this team since 2008 and guided them to victory in the IPL finals five times.
According to News18, CSK has become India's first sports unicorn enterprise, with its market capitalization reaching as high as Rs 7,600 crores in 2022.
Established in 2008, Chennai Super Kings is headquartered in Chennai and has enjoyed immense popularity since its formation. For many cricket enthusiasts, CSK is synonymous with MS Dhoni, and the admiration he receives is unmatched. Under the leadership of MS Dhoni, the team has clinched four IPL titles. Let's explore the net worth of CSK owner N Srinivasan- one of the richest Indian entrepreneurs with Rs 720 Cr net worth.
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Who is N Srinivasan?
Narayanaswami Srinivasan, an Indian industrialist, is the owner of the IPL team CSK. He previously served as the Chairman of the International Cricket Council (ICC) and as the President of the BCCI, the governing body for cricket in India. Additionally, he holds the position of managing director at India Cements Limited.
Born on January 3, 1945, in Kallidaikurichi, Tirunelveli district, Tamil Nadu, Srinivasan attended Madras Christian College Higher Secondary School for his schooling. He later earned a Bachelor of Science degree from Loyola College, Chennai, and a Master of Science degree in Chemical Engineering from the Illinois Institute of Technology, Chicago, United States.
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Founder of India Cements
N Srinivasan's father, T. S. Narayanaswami, was among the founding employees of the cement behemoth India Cements. Srinivasan commenced his career at India Cements as the Vice-Chairman and Managing Director in 1989. He swiftly gained recognition for his bold and innovative decisions and actions, establishing a reputation for himself in the industry.
N Srinivasan has been at the helm of the Tamil Nadu Cricket Association (TNCA) since the 2002-03 season. In 2014, he made history by becoming the first-ever Chairman of the International Cricket Council (ICC). Additionally, he has held several positions in golf and chess administrations throughout his career.
N Srinivasan, net worth
According to DNA, N Srinivasan, the owner of CSK and the vice-chairman and managing director of India Cements, has an estimated net worth of Rs 720 crore.
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N. Srinivasan's Controversies
N. Srinivasan's cricketing journey has been marred by controversies, particularly during his tenure with the BCCI. As he ascended in cricket administration, he faced allegations of heavy manipulation to secure positions such as Treasurer of BCCI and later, President of Tamil Nadu Cricket Association (TNCA).
However, the pinnacle of controversy came in 2013 during the IPL spot-fixing scandal, when his son-in-law and CSK team principal, Gurunath Meiyappan, was arrested by Mumbai Police for alleged involvement in extensive betting with bookies. Meiyappan was also accused of sharing insider information with bookies. Srinivasan's association with Meiyappan led to widespread public outcry, with demands for his resignation. Initially resistant, he eventually stepped down, and Jagmohan Dalmiya was appointed interim president. On 27 September 2013, the Supreme Court barred Srinivasan from holding the post of BCCI President.
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FAQs:
Is Srinivasan the owner of CSK?
India Cements Managing Director N. Srinivasan currently owns the Chennai Super Kings. He previously served as the chairman of the International Cricket Council (ICC) and as the president of the Board of Control for Cricket in India (BCCI).
What is the net worth of CSK?
Chennai Super Kings has become India's first sports unicorn enterprise, with its market capitalization reaching as high as Rs 7,600 crores in 2022.?
Who is the CEO of CSK?
Kallidaikuruchi S Viswanathan is the Chief Executive Officer of the Chennai Super Kings, a five-time champion in the Indian Premier League.
Does India Cements own CSK?
India Cements directly owned the Indian Premier League franchise Chennai Super Kings from 2008. It then transferred ownership to a separate entity named Chennai Super Kings Cricket Ltd., after the Supreme Court of India struck down the controversial amendment to the BCCI constitution's clause 6.2.
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