Lalit Modi Net Worth (Updated 2026).
Lalit Modi, an Indian businessman, began his career in the late 1980s, working in his family’s textile business. Born into a prominent Rajasthani family, he quickly demonstrated his acumen for business, taking over the family enterprise at a young age. However, it was his foray into sports management that catapulted him to fame.
In 2008, Lalit Modi made headlines when he became the chairman and commissioner of the Indian Premier League (IPL), a professional Twenty20 cricket league in India. His innovative approach to marketing and branding transformed the IPL into a global sporting phenomenon, drawing massive viewership and attracting top international players.
**Lalit Modi’s Current Net Worth (2025)**
As of 2025, Lalit Modi’s estimated net worth stands at approximately $2.3 billion, according to Forbes. This figure is subject to change and may not reflect his most recent financial status.
**Career**
Lalit Modi is a prominent Indian businessman, known for his role as the founder and former Chairman and Commissioner of the Indian Premier League (IPL), a professional Twenty20 cricket league. He served in this capacity from 2008 to 2010. Prior to this, he was the Vice-President of the Board of Control for Cricket in India (BCCI) from 2005 to 2007.
**Other Ventures**
Modi’s business acumen extends beyond cricket. He is the Chairman of Modi Enterprises, a conglomerate with interests in various sectors such as real estate, airlines, and media. He also founded the Kings XI Punjab and Kochi Tuskers Kerala teams in the IPL.
**Assets**
Modi’s assets include a luxurious 15,000 square-foot mansion in London, valued at around $15 million. He also owns a private jet and a fleet of high-end cars, including a Rolls-Royce Ghost and a Bentley Continental GT.
**Annual Income**
Lalit Modi’s annual income is difficult to pinpoint due to the varied nature of his business interests and the lack of public disclosure. However, as of 2025, his estimated annual earnings from his various ventures and investments are believed to be in the range of $100 million.
Frequently Asked Questions about Lalit Modi
**Frequently Asked Questions: Lalit Modi Net Worth**
1. What is Lalit Modi’s net worth?
Lalit Modi’s net worth is estimated to be around $12 billion.
2. How did Lalit Modi make his fortune?
Lalit Modi made his fortune through various businesses, including infrastructure, real estate, and sports. He is best known for founding and chairing the Indian Premier League (IPL) cricket tournament.
3. What is Lalit Modi’s age?
Lalit Modi was born on November 29, 1963, making him 58 years old.
4. Where was Lalit Modi born?
Lalit Modi was born in London, United Kingdom.
5. What is Lalit Modi’s educational background?
Lalit Modi completed his schooling in London and later earned a degree in Business Administration from the University of South Carolina.
6. What are some of Lalit Modi’s businesses?
Lalit Modi has interests in various businesses, including Modi Enterprises, a conglomerate with operations in sectors like infrastructure, energy, and real estate. He is also the founder of the IPL cricket league.
7. Why is Lalit Modi in the news?
Lalit Modi often makes headlines due to his business ventures, political connections, and legal issues, including allegations of financial irregularities and money laundering.
8. What is Lalit Modi’s political affiliation?
Lalit Modi has been associated with the Bharatiya Janata Party (BJP), a major political party in India. However, he is not a member of any political party.
9. Where does Lalit Modi live?
Lalit Modi lives in London, United Kingdom.
10. What is Lalit Modi’s relationship with the Indian cricket board?
Lalit Modi was the founder and first chairman of the Indian Premier League (IPL), a Twenty20 cricket league initiated by the Board of Control for Cricket in India (BCCI). However, he was later suspended and expelled from the BCCI due to allegations of misconduct and financial irregularities.
