PBKS Owner 2024: Net Worth, Background, History, IPL Performance, Squad & More

PBKS Owner 2024:- In the pulsating world of cricket, the Indian Premier League (IPL) stands as a beacon of excitement, showcasing the best talents from across the globe. Among the franchises that add fervor to this spectacle is Punjab Kings (PBKS), a team that has consistently enthralled fans with its captivating performances on the field. Behind the glitz and glamour of the team lies a visionary owner, whose leadership and determination have steered PBKS to remarkable heights. Let’s delve into the journey, net worth, background, IPL performance, and the current squad of PBKS under the ownership of 2024.

PBKS Owner

In this article, we’ll delve into the ownership of Punjab Kings in 2024 amidst the excitement surrounding the seventeenth season of the IPL, set to kick off on March 22, 2024. Fans eagerly await the return of their beloved teams to the field. The Indian Premier League stands as the second most successful and popular sports league globally, trailing only behind the National Football League (NFL) of the United States. With ten teams competing annually in this T20 cricket extravaganza for the coveted IPL cup, the league has come a long way since its inception in 2008 with just eight teams. The recent addition of two more teams in 2022 has further elevated the tournament’s scale, drawing cricket players from approximately 13 nations to participate.

The fervor surrounding the IPL remains unabated, evident from the staggering ₹48,390 crore spent on media rights for the 2023–2027 seasons, coupled with ₹23,575 crore for digital rights. Such figures underscore the league’s immense stature and influence, naturally piquing supporters’ interest in the ownership dynamics of their cherished clubs.

PBKS Owner

Let’s delve into the history of one of the IPL’s most esteemed and prosperous teams, Punjab Kings. One of the original eight franchises since the league’s inception in 2008, Punjab Kings, despite not clinching a trophy yet, continues to enjoy immense popularity, boasting a substantial fan following. In 2024, under the leadership of Shikhar Dhawan, Punjab Kings commenced their season on a winning note, triumphing over Delhi Capitals in their inaugural match. Today, we’ll uncover the identity of the illustrious Punjab Kings’ owner, shedding light on the team’s journey and impact within the Indian Premier League.

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PBKS Overview 2024

Article ForPBKS Owner 2024: Net Worth, Background, History, IPL Performance, Squad & More
Name of the TeamPunjab Kings
Owner of the TeamMohit Burman, Ness Wadia, Preity Zinta
PBKS OwnerClick Here
Year2024
CategoryTrending

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PBKS Owner 2024

Established in 2008, the esteemed Indian Premier League outfit, Punjab Kings, calls Mohali, Punjab, its home. As one of the pioneering teams in the IPL, Punjab Kings, formerly known as Kings XI Punjab (KXIP) until 2021, has left an indelible mark on the league. The ownership consortium comprises Ness Wadia, Preity Zinta, Karan Paul, and Mohit Burman.

Initially acquired by Burman, Wadia, and Zinta in a 2:1:1 ratio in 2008, the team, then known as Kings XI Punjab, saw additional investment from Saptarishi Dey of Dey & Dey Group. The consortium secured the Punjab Kings franchise for $76 million. Fast forward to 2024, the team’s value is projected at a noteworthy $925 million, placing Punjab Kings eighth among all IPL franchises in terms of worth.

Name of the TeamPunjab Kings
Owner of the TeamMohit Burman, Ness Wadia, Preity Zinta
Chairman of the TeamNot Listed
Captain of the TeamShikhar Dhawan
Coach of the TeamTrevor Bayliss

Who is Preity Zinta?

Preity Zinta, a prominent figure in Bollywood and business, stands as one of the co-owners of the Punjab Kings franchise. Born on January 31, 1975, into a military family in Shimla, Himachal Pradesh, India, Zinta ventured into modeling after completing her education, eventually making a successful transition into acting. Her innate charm, impeccable comedic timing, and captivating screen presence earned her widespread acclaim. Throughout her illustrious career, she starred in several acclaimed films, including “Lakshya,” “Veer Zaara,” “Kal Ho Naa Ho,” and “Koi Mil Gaya.” As of now, Preity Zinta’s estimated net worth stands at $15 million or 118 crore rupees.

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Who is Ness Wadia?

Ness Nusli Wadia, an Indian businessman hailing from the esteemed Wadia family, serves as one of the co-owners of the Punjab Kings franchise. He is the son of Nusli Wadia, the owner of Britannia Industries and chairman of the Wadia Group. Ness Wadia holds the position of managing director at Bombay Burmah Trading Corporation. Notably, he was in a relationship with Preity Zinta from 2005 to 2009.

Ness Wadia

Who is Mohit Burman?

Renowned Indian businessman Mohit Burman assumes the role of chairman at the FMCG company Dabur Ltd. Dabur Ltd. operates across more than 120 countries, boasting a workforce of over 7,000 employees. The company is renowned for its diverse range of conventional and herbal products. Apart from his role at Dabur Ltd., Burman serves on the boards of Universal Sompo, Eveready Industries, Burman Hospitality, and Aviva India. He is the primary owner of the Punjab Kings IPL team.

Mohit Burman

Punjab Kings in IPL 2024

Despite their reputation for electrifying performances, Punjab Kings have only secured two playoff berths in IPL history. Nevertheless, they remain a beloved team among IPL fans and draw significant crowds, particularly from North India. Expectations are high for the squad to deliver improved results in the 2024 Indian Premier League season. Leading the team as coach will be Trevor Bayliss, with Shikhar Dhawan at the helm as captain. The Punjab Kings call the Punjab Cricket Association’s IS Bindra Stadium in Mohali their home ground.

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Performance Summary of PBKS (Punjab Kings) Across 16 Seasons

YearIPL Performance
2008Playoffs (2nd)
2009League Stage (5th)
2010League Stage (8th)
2011League Stage (5th)
2012League Stage (6th)
2013League Stage (6th)
2014Runners-up (1st)
2015League Stage (8th)
2016League Stage (8th)
2017League Stage (5th)
2018League Stage (7th)
2019League Stage (6th)
2020League Stage (6th)
2021League Stage (6th)
2022League Stage (6th)
2023League Stage (8th)

PBKS (Punjab Kings) have demonstrated a mixed bag of performances over the years in the highly competitive IPL. While some seasons have seen remarkable achievements, others have not gone as planned.

Punjab Kings IPL 2024 Squad

Leading the charge as captain is Shikhar Dhawan, supported by players such as Matthew Short, Prabhsimran Singh, Jitesh Sharma, Sikandar Raza, and others. The squad includes a mix of experienced campaigners and promising talents poised to make their mark in the upcoming season.

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Conclusion

In 2024, Punjab Kings, owned by Mohit Burman, Ness Wadia, Preity Zinta, and Karan Paul, boasts a rich legacy in IPL. With a combined net worth of $925 million, they have navigated mixed performances across 16 seasons, highlighting resilience and potential. Their squad, led by Shikhar Dhawan, reflects a blend of experience and promise, poised to tackle the challenges ahead. PBKS stands as a testament to the fusion of cricketing prowess, business acumen, and enduring passion in the IPL landscape.

FAQ’s

Is PBKS out of IPL 2024?

On Thursday in Dharamsala, Punjab Kings endured a crushing 60-run loss against Royal Challengers Bengaluru, effectively dashing their hopes of securing a spot in the playoffs for the Indian Premier League 2024.

What is the net worth of the owners of Punjab Kings in 2024?

The combined net worth of the owners, including Mohit Burman, Ness Wadia, Preity Zinta, and Karan Paul, stands at $925 million.

What is the background of the owners of Punjab Kings?

Mohit Burman is a renowned Indian businessman, while Ness Wadia comes from the esteemed Wadia family. Preity Zinta is a prominent Bollywood actress and businesswoman, and Karan Paul is associated with the Paul family business.

What is the history of Punjab Kings in the IPL?

Punjab Kings, formerly Kings XI Punjab (KXIP), was established in 2008. Throughout their history, they have experienced a mix of successes and challenges, including reaching the IPL final in 2014.

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