IPL 2025: At the IPL franchise owners' meeting, tensions flared between Kolkata Knight Riders co-owner Shah Rukh Khan and Punjab Kings co-owner Ness Wadia over the upcoming IPL mega auction.
At the IPL franchise owners' meeting, tensions flared between Kolkata Knight Riders co-owner Shah Rukh Khan and Punjab Kings co-owner Ness Wadia over the upcoming IPL mega auction.
Shah Rukh Khan clashed with a man who was among the top businessmen in the country. The Wadia family is a leading business family and is considered one of the oldest in the country. They have billions in assets.
Ness Wadia is a leading businessman and is part of the Wadia Group, a business family with a history of 280 years.
Ness Wadia’s father, Nusli Wadia, is a billionaire and owns the Wadia Group companies. His mother, Maureen Wadia, owns the fashion magazine Gladrags. Ness Wadia manages several multinational companies.
Ness Wadia is also the Director of Britannia Industries, which makes biscuits, bread, cakes, and dairy products, and has a market cap of $1.39 trillion.
He also manages Bombay Dyeing, which has a market cap of $45.79 billion. He is the Managing Director of the Bombay Burma Trading Company and is on the Wadia Group’s board of directors.
Besides his role at Bombay Burma Trading Company, Ness Wadia is the Chairman of National Peroxide Limited and holds shares in several companies.
The Wadia Group includes companies like GoAir, NPL, Bombay Burma, Britannia, Bombay Dyeing, and Wadia Hospital. In 2008, Ness Wadia, Preity Zinta, and Mohit Burman bought the Kings XI Punjab IPL team for $76 million. (Image Credit: @iamsrk/Insta)
The exact figures for Ness Wadia’s net worth are not publicly available. However, Forbes reports that his father, Nusli Wadia, has a net worth of $5.1 billion. The Wadia family is among the richest in the country. (Image credit: @nesswadia/Instagram)