Sunrisers Hyderabad made their debut in the Indian Premier League in 2013. They were one of the most consistent teams early on, and they even won the 2016 edition. This team is owned by Sun TV Network, which is a corporate group based in the southern part of India, in Tamil Nadu. Well, many of you would know about Kavya Maran cheering from the stands.
She is the Chief Executive Officer (CEO) of Sunrisers Hyderabad. But her father, Kalanithi Maran, who leads one of the biggest business groups in India, is the owner of the Orange Army. SRH came into the IPL in 2013, when Deccan Chargers went bankrupt. In 2013, the Sun TV Network, owned by Kalanithi Maran, purchased the Hyderabad-based franchise for a price of INR 85.05 crore (Approx USD 15.9 million).
Kalanithi Maran’s Personal Life & Education:
Kalanithi Maran was born into the family of the former Union Minister of India, Murasoli Maran. His grandfather, M. Karunanidhi, was the former Chief Minister of Tamil Nadu. Kalanithi’s younger brother, Dayanidhi Maran, also served as minister.
He is married to Kavery, who is from Kodagu, Karnataka. The couple has only one daughter, Kavya, who was born on November 3, 1991, and is the current CEO of SRH. Kalanithi completed his schooling at Don Bosco, Egmore, in Chennai. He is a commerce graduate from Loyola College. After his graduation, he completed an MBA from the University of Scranton.
Kalanithi Maran’s Businesses and Net Worth:
Kalanithi Maran is the current chairman and co-founder of Sun Group. He has his own television channels, newspapers, weeklies, a movie production house, FM radio stations, and DTH services, apart from the cricket team in the IPL. Furthermore, he was one of the key shareholders in the Indian airline company Spice Jet between 2010 and 2015.
In 1990, Kalanithi started with Poomalai, which was a monthly Tamil magazine. Then, in April 1993, he introduced Sun Group. In 2023, Kalanithi was ranked 77th among the richest Indian businessmen, with a net worth of around USD 3 billion (INR 2454 crore). During his career, he also won the awards of Young Businessman from Ernst & Young and CNBC. Forbes magazine also termed him the “Television King of Southern India.”.
Kalanithi Maran’s Net Worth Source:
According to Forbes Magazines, Kalanithi Maran’s current net worth is USD 3 billion, and his current rank is 1109 among the richest people on the planet. His main source of income is the salary he takes as chairman of Sun Group. He is being paid a package of 62 crore (US$7.8 million) for this position.
The Sun Group has become global. In India alone, it has more than 140 million customers. Apart from South India, this has a reach in 27 different countries across the globe. One of his biggest-grossing Tamil movies, Jailer from Sun Pictures, featured Superstar Rajnikanth.
FAQs
Who is the owner of Sunrisers Hyderabad in the IPL?
The founder and chairman of Sun Group, Kalanithi Maran, owns Sunrisers Hyderabad in the IPL.
What is the net worth of SRH owner Kalanithi Maran?
According to Forbes Magazines, the current net worth of Kalanithi Maran is around USD 3 million.
What kind of business does the Sun Group own?
The Sun Group owns television channels, newspapers, weeklies, a movie production house, an IPL cricket team, FM radio stations, and DTH services.