Mukesh Ambani leads India’s richest in owning sports teams

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.
According to Forbes, India’s richest are racing to own sports teams in the field of cricket, kabbadi, hockey and badminton.
Leading the pack of team owners is India’s richest person — Mukesh Ambani, along with wife,
Nita Ambani, with their IPL team ‘Mumbai Indians’ that stands at an estimated $200 million, Forbes said.