Royal Challengers Bangalore Owner 2024
Background and History
The Royal Challengers Bangalore (RCB) franchise in the Indian Premier League (IPL) has had a storied history involving various owners and key figures.
Acquisition by United Spirits
In 2008, Vijay Mallya, the then chairman of Kingfisher Airlines and United Spirits, acquired RCB for INR 1116 million. Since then, United Spirits, a leading beverage alcohol company in India, has remained the sole owner of the franchise.
United Spirits has a net worth of approximately INR 70 billion and is a subsidiary of Diageo, a global leader in the beverage industry.
Ownership Changes and Key Figures
In 2015, actress Shilpa Shetty sold her stake in RCB. Prathmesh Mishra currently holds the position of Chairman of RCB, succeeding Anand Kripalu who ended his tenure in the role.
Current Status
As of 2022, RCB is the sixth most valuable IPL franchise, with a brand value of approximately INR 4000 crores. The team has won the IPL title twice, in 2009 and 2011, and boasts a star-studded lineup including Virat Kohli, Faf du Plessis, and Glenn Maxwell.
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