From Mahindra to Ambani: Check out India's richest sports team owners

[caption id=“attachment_102261” align=“alignnone” width=“860”]  As owning a sports club becomes the new status symbol for country’s uber rich, it is India’s wealthiest man - Reliance Industries chief Mukesh Ambani - who leads the pack with his IPL team ‘Mumbai Indians’ being worth an estimated $200 million, according to Forbes. Image: Reuters[/caption]

[caption id=“attachment_102276” align=“alignleft” width=“860”]  Other billionaire IPL team owners include G M Rao (L) ranked 98th in the Forbes India rich list, who owns the Delhi Daredevils and media magnate Kalanithi Maran (R) (ranked 38), who owns the Sunrisers Hyderabad. Images: Forbes and ibnlive[/caption]

[caption id=“attachment_102257” align=“alignnone” width=“860”]  Mohit Burman (right), scion of the Burman family ranked number 18 on the Forbes list has two sports teams. In 2008, the Burman family, that owns the Dabur Consumer Goods empire, snapped up a stake in the Kings XI Punjab cricket team at the inaugural auction of the Indian Premier League (IPL). Last year the Burman family had picked up the Mumbai Magicians field hockey team and the Pune Pistons badminton team. Image: ibnlive[/caption]

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[caption id=“attachment_102259” align=“alignnone” width=“860”]  Kabbadi - an ancient Indian sport, recently got a fresh lease on life after Anand Mahindra (L) (ranked 74th in the Forbes list) created the Pro Kabbadi League in March. Retail mogul Kishore Biyani (C) and banker Uday Kotak (R) are fellow team owners.[/caption]

[caption id=“attachment_102260” align=“alignnone” width=“860”]  The newly-launched Indian Super League, for football, in partnership with sports management firm IMG, made its debut in October with Brijmohan Lall Munjal’s Hero MotoCorp as the title sponsor. Electronics magnate Venugopal Dhoot (L) and Sanjiv Goenka (R) are among the eight franchise owners.[/caption]