Lucknow Super Giants joined the IPL in 2022 with a massive Rs 7,090 crore bid.
The RPSG Group secured this franchise under Sanjiv Goenka’s leadership.
This made LSG one of the most expensive team acquisitions in IPL history.
The franchise reached the playoffs in its first two seasons. However, 2024 and 2025 proved challenging.
LSG finished seventh in both campaigns.
LSG Team Owner Net Worth 2026

This article covers the LSG team owner net worth 2026, Sanjiv Goenka’s business empire, and the franchise’s journey.
Who is LSG Team Owner?
Sanjiv Goenka owns Lucknow Super Giants through RPSG Group.
He placed the highest bid in IPL history to secure the Lucknow franchise.
The Rs 7,090 crore investment exceeded all previous IPL team purchases.
RPSG Group operates from Kolkata. The company manages businesses across power generation, IT services, retail, and consumer goods.
RPSG Sports Private Limited handles all sports teams under this group.
Goenka previously owned the Rising Pune Supergiant from 2016 to 2017. That team replaced the Chennai Super Kings during their suspension period.
LSG marked his return to IPL ownership.
Background of Sanjiv Goenka
Sanjiv Goenka was born on January 29, 1961. He completed his Bachelor of Commerce from St. Xavier’s College, Kolkata in 1981.
His father, Dr. Rama Prasad Goenka, founded the original RPG Group.
The RPG Group split in 2010 between two brothers. Harsh Goenka took over RPG Enterprises in Mumbai.
Sanjiv Goenka established RP-Sanjiv Goenka Group on July 13, 2011. He named the company after his father.
Goenka holds several leadership positions. He became the youngest president of the Confederation of Indian Industry (CII).
He also served as the youngest president of the Indian Chamber of Commerce (ICC) at age 27. He chaired IIT Kharagpur’s board of governors.
LSG Team Owner Details
| Detail | Information |
|---|---|
| Full Name | Dr. Sanjiv Goenka |
| Date of Birth | January 29, 1961 |
| Age (2025) | 64 years |
| Company | RP-Sanjiv Goenka Group |
| Headquarters | Kolkata, West Bengal |
| Net Worth (2025) | $4.1 – $4.9 billion |
| Forbes India Ranking (2024) | 65th richest person |
What is LSG Team Owner Net Worth in 2026?
The LSG team owner net worth 2026 ranges between $4.1 billion and $4.9 billion.
Sanjiv Goenka ranks as the 65th richest person in India according to Forbes India’s 2024 list.
His wealth comes from the RPSG Group’s diverse business operations.
RPSG Group runs a $10 billion business empire.
The company reported revenue of Rs 36,509 crore as of March 31, 2024. This growth reflects strong performance across all business verticals.
The Lucknow Super Giants franchise adds to this wealth.
The team’s brand value stands at around $102-122 million as of 2025. Media rights, sponsorships, ticket sales, and merchandise drive franchise revenue.
RPSG Group Business Operations
RPSG Group operates across multiple sectors. CESC Limited forms the core business.
This company generates and distributes electricity in Kolkata and Howrah.
The group runs power plants in Haldia, Chandrapur, and Greater Noida.
Spencer’s Retail represents another major venture. RPSG bought Nature’s Basket from Godrej in 2019.
The group owns Too Yumm! snacks brand. They hold a stake in Dr. Vaidya’s ayurvedic products company.
Firstsource Solutions manages IT-enabled services. Quest Mall operates as a luxury retail destination in Kolkata.
RPSG owns at least 80% equity stake in Woodlands Hospital. These diverse holdings strengthen the group’s market position.
RPSG Group Net Worth and Sports Investments
Sanjiv Goenka views sports as both a passion and a business.
RPSG Group owns multiple sports franchises across different leagues and countries.
ATK was RPSG’s first sports investment. This Kolkata-based football club competed in the Indian Super League.
ATK won three ISL titles. The team merged with Mohun Bagan in 2020 to form Mohun Bagan Super Giant.
In cricket, RPSG owns teams in three leagues. Lucknow Super Giants play in the IPL.
Durban Super Giants competes in South Africa’s SA20 league. RPSG bought this franchise in 2022.
In February 2025, RPSG expanded further. The group acquired a 49% stake in Manchester Originals.
This team plays in The Hundred in the UK. Reports suggest RPSG paid around £58 million ($72 million) for this stake.
Shashwat Goenka, Vice Chairman of RPSG Group, outlined the expansion strategy.
The group wants Manchester Originals to become one of the top three sports teams in Manchester.
They plan to bring the Super Giants legacy to global cricket.
RPSG Sports Teams Portfolio
| Team Name | League | Year Acquired |
|---|---|---|
| Lucknow Super Giants | IPL (India) | 2021 |
| Durban Super Giants | SA20 (South Africa) | 2022 |
| Manchester Originals (49%) | The Hundred (UK) | 2025 |
| Mohun Bagan Super Giant | ISL (Football – India) | 2014 (as ATK) |
How RPSG Acquired the Lucknow Franchise?
The BCCI invited bids for two new IPL teams in August 2021.
Twenty-two companies showed interest initially. Only six made serious offers due to the high base price.
RPSG Group won the Lucknow franchise with a Rs 7,090 crore bid. CVC Capital Partners secured Ahmedabad (Gujarat Titans) for Rs 5,625 crore.
Together, these franchises cost over $1.69 billion.
The team ran a public competition to decide the name. In January 2022, they announced “Lucknow Super Giants.”
The franchise aimed to connect with cricket fans across Uttar Pradesh. This state has over 200 million people.
LSG appointed KL Rahul as their first captain. The team made strategic auction picks.
They bought Quinton de Kock, Marcus Stoinis, and Avesh Khan. These signings helped them reach the playoffs in their debut season.
LSG Team Owner Net Worth 2026 in Rupees and Brand Value
The LSG franchise’s brand value reaches approximately $102-122 million as of 2025.
This growth reflects strong corporate backing and smart team management.
LSG earns revenue from multiple sources. Media rights provide the largest income stream.
The IPL’s media rights deal is worth Rs 48,390 crore (2023-2027). This ensures a steady income for all franchises.
Each IPL team receives guaranteed annual media revenue of over $80 million.
This income doesn’t depend on on-field performance. Even struggling teams collect $400+ million over five years from broadcast rights alone.
RPSG Group’s marketing expertise helped build LSG’s brand. The franchise invested in star players.
They created strong regional connections. LSG targets Uttar Pradesh’s massive fan base through social media and local events.
LSG Performance Record in IPL
LSG made a strong IPL debut. They reached the playoffs in 2022 and 2023.
This made them one of the few teams to qualify for the playoffs in their first two seasons.
The 2024 season brought challenges. LSG finished seventh in the points table.
Owner Sanjiv Goenka had a heated conversation with captain KL Rahul after the season.
This moment went viral on social media. Rahul later moved to the Delhi Capitals.
Before IPL 2025, LSG made significant changes. They retained Nicholas Pooran, Ayush Badoni, Mohsin Khan, Ravi Bishnoi, and Mayank Yadav.
They released KL Rahul, Krunal Pandya, Marcus Stoinis, and Quinton de Kock.
LSG bought Rishabh Pant for Rs 27 crore in the 2025 mega auction. This made him the most expensive player in IPL history.
Pant became the new captain. Zaheer Khan joined as team mentor.
In IPL 2025, LSG finished seventh with six wins and eight losses. Injuries affected their bowling attack.
Captain Rishabh Pant scored an unbeaten 118 runs in the final match. However, the team missed the playoffs again.
LSG IPL Performance Summary
| Season | Position | Wins | Captain |
|---|---|---|---|
| 2022 | 3rd (Playoffs) | 9/14 | KL Rahul |
| 2023 | 3rd (Playoffs) | 8/14 | KL Rahul |
| 2024 | 7th | 7/14 | KL Rahul |
| 2025 | 7th | 6/14 | Rishabh Pant |
Expert Insight: LSG’s Strategic Position
The Rs 7,090 crore investment in LSG represents more than cricket ownership.
RPSG Group positioned itself to tap into Uttar Pradesh’s massive market. The state’s 200+ million population offers huge commercial potential.
The franchise’s early playoff success validated the investment strategy. However, back-to-back seventh-place finishes in 2024 and 2025 raised questions.
The Rs 27 crore signing of Rishabh Pant shows RPSG’s commitment to success.
Ekana Cricket Stadium provides LSG with a strong home advantage. The 50,000-capacity venue in Lucknow creates an intimidating atmosphere.
COVID-19 prevented home matches in 2022. From 2023 onwards, LSG played in Lucknow. Fan support in Uttar Pradesh has grown steadily.
LSG Home Ground and Key Personnel
Ekana Cricket Stadium serves as LSG’s home venue. This stadium holds over 50,000 spectators.
It hosted India’s first T20 International against the West Indies in 2017.
Justin Langer coaches Lucknow Super Giants. The former Australian cricketer brings valuable experience.
Zaheer Khan serves as team mentor. He provides guidance on pace bowling and strategy.
Rishabh Pant leads the team as captain. The wicketkeeper-batter joined LSG in 2025 after his record auction price.
Nicholas Pooran serves as vice-captain. He provides firepower in the middle order.
LSG Fan Base and Social Media Presence
LSG built a strong following in four seasons. The team has around 5.1 to 5.6 million followers on social media platforms.
This makes them one of the top 10 most popular cricket clubs from India.
The signing of Rishabh Pant boosted LSG’s popularity. His massive fan following increased the team’s social media presence.
The franchise targets Uttar Pradesh’s market. This region remains largely untapped for cricket fandom.
Lsg Team Owner Net Worth 2026 Wikipedia and Forbes Data
According to Forbes India’s 2024 ranking, Sanjiv Goenka holds the 65th position among India’s richest people.
His net worth ranges from $4.1 billion to $4.9 billion. This wealth positions him among India’s top business leaders.
The RPSG Group’s revenue reached Rs 36,509 crore as of March 31, 2024.
This includes earnings from power, retail, IT services, and consumer goods.
The sports portfolio adds brand value beyond direct revenue.
LSG’s franchise value continues to grow. The guaranteed media rights income provides financial stability.
The team’s performance on the field will determine future brand growth.
Frequently Asked Questions
- Who is the owner of Lucknow Super Giants?
Sanjiv Goenka owns Lucknow Super Giants through the RPSG Group. He secured the franchise with a Rs 7,090 crore bid in 2021.
- What is Sanjiv Goenka’s net worth in 2026?
Sanjiv Goenka’s net worth in 2026 is estimated between $4.1 billion and $4.9 billion. He ranks as India’s 65th richest person according to Forbes.
- How much did RPSG pay for LSG?
RPSG Group paid Rs 7,090 crore for the Lucknow Super Giants franchise. This was the highest bid in IPL history.
- What other sports teams does RPSG own?
RPSG owns Durban Super Giants (SA20), holds 49% stake in Manchester Originals (The Hundred), and owns Mohun Bagan Super Giant (ISL).
- What is LSG’s current brand value?
LSG’s brand value stands at approximately $102-122 million as of 2025. The franchise earns over $80 million annually from media rights alone.
Conclusion:
Sanjiv Goenka and RPSG Group transformed LSG into a competitive IPL franchise.
The Rs 7,090 crore investment has grown in value over four seasons.
The team reached the playoffs twice and built a loyal fan base in Uttar Pradesh.
RPSG’s sports portfolio keeps expanding globally.
The group owns cricket teams in three countries and a football club in India.
This shows Goenka’s long-term sports ownership vision.
LSG aims to win its first IPL title in the coming seasons.
With strong corporate backing, experienced coaching staff, and star players like Rishabh Pant, the franchise has the resources to succeed.
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