Everyone is keenly keeping an eye on the ongoing IPL 2024 matches where several teams have made history as well as have shocked fans with disappointments. Lucknow Super Giants, in particular, has been making headlines since the IPL 2024 auctions where its owner, Sanjiv Goenka, made significant investments in Indian bowlers for its new squad. The LSG owner purchased the team in 2021 and has been making substantial changes in the IPL team every year. With an impressive net worth, the owner of the IPL team, Lucknow Super Giants, Sanjiv Goenka always remains in the limelight. However, it might not be for all the good reasons right now.
Post Lucknow Super Giants’ match with Kavya Maran-owned SunRisers Hyderabad (SRH) on 8 May, Sanjiv Goenka was found having a heated conversation with skipper KL Rahul on the ground. The video of the same went viral on social media, with fans of IPL and KL Rahul backlashing the IPL team owner. The conversation took place after LSG was unabashedly defeated by SRH during the last outing. People have since been talking about the unruly behaviour of Sanjiv Goenka.
For those who don’t know him yet, Sanjiv Goenka is the founder and chairman of RPSG Group. Apart from being the owner of the IPL cricket team Lucknow Super Giants, Sanjiv Goenka also owns the ISL football team Mohun Bagan Super Giant. A report published by Forbes in 2023 stated that he is the 83rd richest person in India and overall 1238th in the world. Let’s get to know IPL team Lucknow Super Giant owner Sanjiv Goenka and his net worth.
A quick look at the net worth of Sanjiv Goenka
The Lucknow Super Giants owner was born into a Marwari family. He was raised in Kolkata by his parents Sushila Devi Goenka and Rama Prasad Goenka. His father was a businessman. He is an alumnus of St. Xavier’s College in Kolkata and the LSG team owner received his Bachelor of Commerce Degree in 1981. His company, RPSG Group operate across fields like power, carbon black, IT, consumer and retail products, media and entertainment, sports, education and infrastructure.
The net worth of Sanjiv Goenka
The IPL 2024 auctions proved the financial power of IPL cricket team Lucknow Super Giants owner Sanjiv Goenka. According to the latest reports in Forbes, the net worth of the LSG team owner is estimated to be approximately INR 283,92 crore (USD 3.4 billion). In 2023, he is the 84th richest person in India and overall 949th in the world.
His source of income
The revenue portfolio of RP-Sanjiv Goenka Group stands at approximately INR 35,764 crore (USD 4.3 billion) revenue and INR 584,55 crore approx. (USD 7 billion) asset base. The conglomerate, headquartered in Kolkata, has its flagship in the 124-year-old power utility, CESC, which Sanjiv Goenka has restructured into four separate companies, contributing to his net worth. Other assets that rake in money are the supermarket chain Spencer’s and the snacks brand Too Yumm!. Sanjiv’s son, Shashwat Goenka, looks after these businesses. The LSG team owner also owns the Open magazine.
Properties owned by the Lucknow Super Giants owner
Sanjiv Goenka has invested money from his massive net worth in different properties. His personal property portfolio includes a house in Delhi’s exclusive Lutyens zone. It is one of the most expensive bungalows in the capital.
The beginning of his IPL journey
Sanjiv Goenka paid approximately a billion dollars to buy the Indian Premier League team Lucknow franchise in October 2021. Gautam Adani had bid INR 5100 crore while Goenka’s bid was INR 7090 crore (nearly USD 940 million). He reportedly paid nine times more than what Mukesh Ambani spent to buy Mumbai Indians.
The IPL 2024 team
For IPL 2024, Sanjiv Goenka-owned Lucknow Super Giants bought Shivam Mavi for INR 6.4 crore (USD 769,477), M Siddharth for INR 2.4 crore (USD 288,553), David Willey for INR 2 crore (USD 240,461) and Ashton Turner for INR 1 crore (USD 120,230). The LSG team owner also bought two uncapped Indian all-rounders. The current squad includes KL Rahul (captain), Quinton de Kock, Nicholas Pooran, Ayush Badoni, Kyle Mayers, Marcus Stoinis, Deepak Hooda, Ravi Bishnoi, Naveen-ul-Haq, Krunal Pandya, Yudhvir Singh, Prerak Mankad, Yash Thakur, Amit Mishra, Mark Wood, Mayank Yadav, Mohsin Khan, Devdutt Padikkal (Traded), Shivam Mavi, Arshin Kulkarni, M Siddharth, Ashton Turner, David Willey, and Mohd. Arshad Khan.
Hero & Feature Image: Courtesy RP-Sanjiv Goenka Group official website
Frequently Asked Questions (FAQs)
– Who is the captain of LSG in 2024?
KL Rahul is the captain of Lucknow Super Giants in 2024.
– What is the net worth of Sanjiv Goenka?
The net worth of the LSG team owner is estimated to be approximately INR 274,47 crore (USD 3.3 billion).
– How much is the Goenka group worth?
The revenue portfolio of RP-Sanjiv Goenka Group stands at INR 357,64 crore (USD 4.3 billion).
– What is the role of Gautam Gambhir in Lucknow Super Giants?
Gautam Gambhir was the mentor for LSG for the 2021 and 2022 seasons.
Ananya Swaroop
Digital Writer - Entertainment
Cinema has always fascinated Ananya, so much that she got a degree in media to know more about it. She has worked for magazines like Man's World India and CineBlitz as an entertainment writer. When not writing about films and celebrities, she likes to travel to new places or try new cuisines. Travel and Food are her latest interests and she is looking forward to explore these further.
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