The Mumbai Indians (MI) are not just a cricket team—they’re a phenomenon in the Indian Premier League (IPL). With a trophy cabinet boasting five IPL titles, MI has won the hearts of millions with their explosive gameplay and star-studded lineup. Whether you’re a die-hard cricket fan or just curious about this powerhouse, let’s dive into the details: Who owns the Mumbai Indians? Where do their players live? And how much did this iconic team fetch when it was sold? Buckle up for an exciting ride through MI’s world!
Who Owns the Mumbai Indians IPL Team?
The Mumbai Indians are owned by Indiawin Sports Private Limited, a subsidiary of Reliance Industries, India’s biggest conglomerate. At the helm of this empire is Mukesh Ambani, one of the richest men in the world, with a net worth crossing billions. While Mukesh Ambani is the official owner on paper, the team’s day-to-day operations are passionately overseen by his wife, Nita Ambani, and their son, Akash Ambani. Nita, a philanthropist and sports enthusiast, is often seen cheering from the stands, while Akash plays a key role in strategic decisions like auctions and team management.
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Back in 2008, when the IPL kicked off, Reliance Industries snapped up the Mumbai Indians for a whopping $111.9 million (approx. ₹487 crore at the time), making it the most expensive team in the league’s inaugural auction. Today, MI’s brand value has soared past ₹809 crore (around $115 million) as of 2019, and experts say it’s only climbed higher by 2025. Talk about a smart investment!
Where Do Mumbai Indians Players Live?
Mumbai, the city of dreams, is home to the Mumbai Indians, and their players live in some of the most luxurious spots across the city and beyond. Here’s a peek into where some of MI’s biggest stars reside:
- Rohit Sharma: The former MI captain and “Hitman” lives in a stunning ₹30 crore sea-facing apartment in Worli, Mumbai. This 6,000-square-foot pad offers breathtaking views of the Arabian Sea.
- Hardik Pandya: The current skipper calls Pali Hill, Bandra, his home. His lavish ₹30 crore mansion is a hotspot for luxury and style, perfect for the dynamic all-rounder.
- Jasprit Bumrah: The pace sensation resides in a plush apartment in Lower Parel, Mumbai, reportedly worth over ₹20 crore. It’s close to the Wankhede Stadium, MI’s home ground!
- Suryakumar Yadav: “SKY” owns a chic flat in Chembur, Mumbai, valued at around ₹10 crore, blending comfort with convenience.
- Tilak Varma: The young gun keeps it low-key but is said to have a cozy residence in Hyderabad when not in Mumbai for the IPL season.
During the IPL, the team often stays together in five-star hotels like the Trident or Taj Mahal Palace in Mumbai, ensuring they’re match-ready and bonded as a unit. For international players like Trent Boult or Will Jacks, temporary luxe accommodations in Mumbai are arranged during the season.
How Much Did the Mumbai Indians Sell For?
When the IPL franchises went under the hammer in 2008, the Mumbai Indians were bought by Reliance Industries for $111.9 million. Adjusted for inflation and the team’s massive success, that price tag looks like a steal today! MI has since become a goldmine, with a brand value of over $115 million in 2019—and likely much more in 2025, given their consistent performance and fan following.
The team’s five IPL titles
The team’s five IPL titles (2013, 2015, 2017, 2019, and 2020) and two Champions League T20 wins have skyrocketed their worth. Add to that their sponsorships with brands like Slice and a loyal fan base, and you’ve got a franchise that’s a financial juggernaut.
Why Mumbai Indians Are IPL Royalty
From Sachin Tendulkar’s iconic stint to Rohit Sharma’s captaincy golden era, and now Hardik Pandya leading the charge in 2025, MI has always been about big names and bigger wins. Their home ground, the Wankhede Stadium, with a capacity of 33,108, turns into a sea of blue every match day. The team’s knack for spotting talent—like Jasprit Bumrah and Tilak Varma—has kept them ahead of the curve.