Who is the KKR Owner? KKR Team Owner | KKR Team Owner Name

KKR Owner Name 2024: Are you curious about who owns KKR, the famous IPL team? Then you have landed on the right page. The Kolkata Knight Riders (KKR) are a professional cricket team that compete in the Indian Premier League (IPL), one of the most prestigious and popular T20 cricket tournaments in the world.

Who is the KKR Owner?

You might be wondering Who is New owner of KKR? You have come to the right place. In this article, we will not only reveal the owner’s name, but also explore the ownership structure of this team. Is it a single person or a group of partners? Who has the largest stake in this team? You might think that Shah Rukh Khan is the sole owner of KKR, but that is not the case. He is one of the owners, but not the only one. There are others who share the ownership and partnership of Kolkata Knight Riders.

The team operates as a joint venture, with different individuals holding different shares. The majority share determines the main owner of the team. So, let’s find out who are the owners and partners of Kolkata Knight Riders.

KKR Team IPL 2023

Tournament	Indian Premier League (IPL)
Coach	Chandrakant Pandit
Captain	Shreyas Iyer
Vice-Captain	Tim Southee
Champions	2 times (2012 & 2014)
Official Sponsor	Winzo & Unacademy
Official Website	KKR.IN
Owner	Shah Rukh Khan, Juhi Chawla, Jay Mehta, and Red Chillies Entertainment

Who is the Owner of KKR in 2023? KKR Owner Name

Kolkata Knight Riders, or KKR for short, is a popular IPL franchise that represents the Indian state of Kolkata, West Bengal. The team has a huge fan base, thanks to its four owners: Shah Rukh Khan, Juhi Chawla, Jay Mehta, and Red Chillies Entertainment. Among them, Shah Rukh Khan is the most prominent owner, who has made KKR one of the biggest brands in IPL.

What is the Income of KKR?

KKR Net Worth: The net income of Kolkata Knight Riders (KKR) reveals their financial performance in the recent times. The team reported a net income of $0.844 billion for the quarter that ended on June 30, 2023, which was a huge drop of 214.95% from the same quarter last year. However, the net income for the twelve-month period that ended on the same date showed a different picture, with an increase of 11.96%, reaching $1.001 billion.

KKR’s annual net income has also fluctuated over the past few years. The team suffered a loss of -$0.91 billion in 2022, which was a sharp decline of 119.96% from 2021. On the other hand, 2021 was a very profitable year for KKR, with a net income of $4.561 billion, which was an impressive growth of 134.37% from 2020.

The year 2020 saw a slight decrease in net income, with $1.946 billion, which was a 1.31% lower than 2019. These numbers show the ups and downs of KKR’s financial journey, which is influenced by various factors in the sports business domain. KKR’s financial performance is an interesting story in itself, reflecting their challenges and achievements in the IPL.

KKR Performance in IPL

The Kolkata Knight Riders (KKR) franchise has been one of the most consistent and successful teams in the IPL since 2008. The team has reached the playoffs several times and lifted the trophy twice, in 2012 and 2014.

KKR has a loyal fan base and a high popularity rating in the league. The team also benefits from the presence of Bollywood stars like Shahrukh Khan and Juhi Chawla, who are the owners of the franchise.

What Percent of KKR Does SRK Own?

Kolkata Knight Riders (KKR) is a cricket franchise that belongs to Knight Riders Sports Private Limited, a joint venture of prominent personalities. The co-owners of KKR are Shah Rukh Khan from Red Chillies Entertainment, and Juhi Chawla and Jay Mehta from the Mehta Group. The ownership structure is as follows:

Red Chillies Entertainment has a 55% stake in KKR, while the Mehta Group has a 45% stake. This balanced partnership reflects the active involvement and contribution of the co-owners in shaping KKR’s journey.

Shah Rukh Khan’s ownership through Red Chillies Entertainment is especially noteworthy, as he holds a majority share in the franchise. His influence and dedication play a vital role in defining KKR’s identity and direction. The co-owners, along with the Mehta Group,

work together as a unified team that guides KKR’s strategy and performance in the competitive world of cricket. This collaborative ownership model not only showcases the diversity within the franchise but also signifies the common vision that drives Kolkata Knight Riders forward.

Who Are KKR Investors? KKR Owner Share Percentage

• Capital Research & Management Co.:
  • Stake: 4.61%
  • Shares Owned: 39,745,944
  • Total Value: $2.36 billion
  • Shares Bought/Sold: -2,126,831
  • Total Change: -5.08%
• The Vanguard Group, Inc.:
  • Stake: 4.42%
  • Shares Owned: 38,141,005
  • Total Value: $2.26 billion
  • Shares Bought/Sold: -52,495
  • Total Change: -0.14%
• Harris Associates LP:
  • Stake: 3.38%
  • Shares Owned: 29,160,310
  • Total Value: $1.73 billion
  • Shares Bought/Sold: +2,503,509
  • Total Change: +9.39%
• Principal Global Investors LLC:
  • Stake: 2.81%
  • Shares Owned: 24,221,521
  • Total Value: $1.44 billion
  • Shares Bought/Sold: -709,426
  • Total Change: -2.85%
• T. Rowe Price Investment Management:
  • Stake: 2.65%
  • Shares Owned: 22,855,921
  • Total Value: $1.36 billion
  • Shares Bought/Sold: -3,614,496
  • Total Change: -13.65%
• BlackRock Fund Advisors:
  • Stake: 2.60%
  • Shares Owned: 22,466,073
  • Total Value: $1.33 billion
  • Shares Bought/Sold: +1,664,559
  • Total Change: +8.00%
• ValueAct Capital Management LP:
  • Stake: 2.38%
  • Shares Owned: 20,535,233
  • Total Value: $1.22 billion
  • Shares Bought/Sold: 0
  • Total Change: 0.00%
• Akre Capital Management LLC:
  • Stake: 1.77%
  • Shares Owned: 15,233,868
  • Total Value: $904 million
  • Shares Bought/Sold: +57,500
  • Total Change: +0.38%
• Manulife Investment Management (US) LLC:
  • Stake: 1.49%
  • Shares Owned: 12,822,525
  • Total Value: $761 million
  • Shares Bought/Sold: -1,044,940
  • Total Change: -7.54%
• SSgA Funds Management, Inc.:
  • Stake: 1.35%
  • Shares Owned: 11,686,818
  • Total Value: $694 million
  • Shares Bought/Sold: +651,877
  • Total Change: +5.91%

Conclusion

The Kolkata Knight Riders franchise has been a successful venture for KKR, the owners of the team. The team has shown consistent performance in the IPL, one of the most popular cricket leagues in the world.

KKR has built a strong brand and a loyal fan base for the Kolkata Knight Riders, who have won the IPL title twice. The team is expected to maintain its high standards and competitiveness in the future editions of the IPL.

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