Meet Parth Jindal: Delhi Capitals Owner And His Impressive 600 Crore Net Worth

The Indian Premier League (IPL) is a well-known cricket competition that attracts millions of viewers worldwide. It's considered one of the most popular and profitable sports events globally. The IPL features fast-paced T20 matches, which are short and intense, providing lots of excitement for fans. One of the reasons it's loved by many is because it allows fans to support their favourite teams, which represent different cities and states in India.

DC vs RR Match update: The IPL 2024 match between Delhi Capitals and Rajasthan Royals on Tuesday sparked a major controversy over a disputed catch by Shai Hope, dismissing Sanju Samson. Samson, batting at 86, struck Mukesh Kumar down the ground, but was caught in the deep by Hope. However, during the catch, Hope appeared to come perilously close to the boundary line, with some replays suggesting he may have touched the rope with the ball in his hand. Samson disputed the decision and engaged in a heated conversation with the umpires. DC owner Parth Jindal's animated reaction, repeatedly shouting "You're Out," was caught on camera, drawing criticism from the internet for his response.

The Delhi Capitals are one of the original and most beloved teams in the Indian Premier League. They reached the IPL final in 2020 but unfortunately lost to the Mumbai Indians. The team has made it to the IPL playoffs six times and has a strong fan base in North India. Let's take a closer look at who owns the Delhi Capitals in the 2024 IPL season.

Who owns the Delhi Capitals?

Parth Jindal is an Indian businessman and the son of Sajjan Jindal, who is the chairman and managing director of the multinational conglomerate, JSW Group. Parth Jindal was born on May 19, 1990, and attended schools in Mumbai and England.

He completed his MBA from Harvard Business School in 2016 and his BA in Economics and Political Science from Brown University in 2012. Following his education, he joined the family business and has been actively involved in its operations and expansion. Parth Jindal and his wife, Anushree Jindal, also run a micro-finance venture called Svamaan Financial Services.

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Meet Parth Jindal: The Driving Force Behind Delhi Capitals' Success

Parth Jindal and JSW Group

Parth Jindal started working with the JSW Group in 2012 and has held various positions within the company, including managing director of JSW Cement and director of JSW USA. Under his leadership, the company launched JSW Paints in May 2019.

Parth Jindal¡¯s net worth

According to Jagran Josh, Parth Jindal has a net worth of around USD 72.2 million (Rs 600 crore) as of now. He holds shares in several companies, including JSW Energy Ltd., JSW Steel Ltd., and Jindal Steel & Power Ltd.

Parth Jindal¡¯s passion for sports

Parth Jindal is passionate about sports and serves as the director of JSW Sports, which owns and operates teams in various sports leagues. He is the founder of the Inspire Institute of Sport (IIS) and has been actively involved in promoting sports in India.

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His journey as the Delhi Capitals owner

JSW Sports acquired a 50 per cent stake in the Delhi Capitals from GMR Group in 2018 for USD 66.2 million (INR 550 crore), with Parth Jindal being appointed as the chairman of the IPL team. In January 2023, Jindal also acquired the Delhi Capitals franchise of the Women¡¯s Premier League.

The wealth secured by the Jindal family

Sajjan Jindal, Parth's father, is one of the wealthiest businessmen in India, with interests in steel, energy, infrastructure, and cement. The Jindal family is one of Asia¡¯s richest families, with a current net worth estimated to be USD 20.5 billion (INR 170,307 crore).

Delhi Capital IPL Journey

The Delhi Capitals, originally known as Delhi Daredevils (DD), debuted in the IPL in 2008 and have been one of the finalists. The team's name was changed to Delhi Capitals in 2018 after JSW Sports acquired a 50% stake. Parth Jindal serves as the chairman of the Delhi Capitals, which is jointly owned by the GMR Group and the JSW Group. As of 2022, the Delhi Capitals are the fifth most valuable IPL team, with an estimated value of $1.035 million.

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