The wealth journey of Manoj Badale, visionary owner of Rajasthan Royals – Know about his early life, career, and net worth - Lifestyle News | The Financial Express

The wealth journey of Manoj Badale, visionary owner of Rajasthan Royals – Know about his early life, career, and net worth

Apr 30, 2024

Anita Santosh

In the dynamic realm of cricket, team ownership plays a pivotal role in shaping the destiny of a franchise. One influential figure in the Indian Premier League (IPL) is Manoj Badale, the visionary owner of the Rajasthan Royals.

Manoj Badale’s role as the owner of the Rajasthan Royals goes beyond conventional team ownership. His strategic vision, business acumen, and commitment to innovation have not only shaped the franchise’s success on the field but have positioned the team as a torchbearer for responsible ownership in the cricketing world.

Before entering the cricket ownership arena, Badale had already made a significant impact in the business world. Co-founding the investment firm Blenheim Chalcot in 1998, he focused on identifying and developing innovative businesses.

Reports indicate that Manoj Badale had a net worth of Rs 1330 crore (USD 160 million) in 2023. As the owner of Rajasthan Royals through his firm, Emerging Media IPL Ltd, he holds a 65% stake in the team.

Apart from his cricket ventures, Badale is the chairman of the British Asian Trust, a charity organization founded in 2007.

In recognition of his services to the economy and charity, he was honored with the Officer of the Order of the British Empire (OBE) on June 9, 2018.