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From Bollywood to IPL: A look at Punjab Kings co-owner Preity Zinta's soaring net worth

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Preity Zinta is co-owner of the Punjab Kings (PBKS) Indian Premier League Team. Though PBKS are yet to win the IPL title, the team's valuation has gone up from $76 million in 2008 to $925 million as of 2022.

April 18, 2024 / 09:04 PM IST

Preity Zinta now lives in Beverly Hills, Los Angeles, with her husband, Gene Goodenough. Their home reflects their comfortable lifestyle, complete with a collection of luxury cars like the Lexus LX 470, a Porsche, a Mercedes Benz E Class, and a BMW.

Preity Zinta, an iconic figure in Bollywood, has seamlessly transitioned into a notable sports entrepreneur as the co-owner of the Indian Premier League (IPL) team, Punjab Kings. Best known for her vibrant roles in Indian cinema, she has leveraged her fame and business acumen to carve out a significant niche in the sports world. Take a look at the growth in her net worth, propelled by her strategic investments in the lucrative Indian Premier League, alongside her continued earnings from film and endorsements.

IPL Excitement

The 17th season of the Indian Premier League (IPL) is underway, drawing excitement from cricket enthusiasts as teams vie for the championship. Originally launched with eight teams, the league now features ten teams, with players from 13 different countries.

Punjab Kings' Journey

Among the original line-up, Punjab Kings, despite not having clinched the championship yet, enjoy a solid fan base. Under the captaincy of Shikhar Dhawan, they started the 2024 season with a victory over Delhi Capitals.

Preity Zinta's Role

Preity Zinta, a major Bollywood figure since her debut in 1998 with 'Dil Se,' has been a co-owner of Punjab Kings since 2008. Despite stepping back from acting, her involvement with the IPL keeps her in the public eye, contributing significantly to her earnings.

Ownership Details

Preity co-owns the team with Ness Wadia, Karan Paul, and Mohit Burman, holding shares in a 2:1:1 ratio, respectively. Saptarishi Dey from Dey & Dey Group also holds a minor share. Preity's investment in the team amounts to Rs 35 crore.

Team Value

Initially purchased for $76 million in 2008, Punjab Kings was valued at $925 million by 2022, making it the ninth most valuable IPL team. Preity's personal investment in the team is around $4.27 million (Rs 350 crore).

Preity's Influence

Known for her roles in films like 'Lakshya' and 'Veer Zaara,' Preity has also become a style icon, influencing fashion trends among women. Her net worth in 2023 is estimated at around $30 million (Rs 183 crore).

Additional Roles

Beyond acting, Preity is also a producer and endorses brands, with 11 million followers on social media. She charges approximately 1.5 crore for each endorsement and has been noted for being the youngest co-owner of an IPL team.

Property Holdings

Preity owns multiple properties, including several in Mumbai and a house in Shimla. She purchased a new property in Mumbai's Pali Hill in 2023 for around Rs 17 crore.

Life in the US

Post-marriage, Preity resides in Beverly Hills, Los Angeles, with her husband, Gene Goodenough. Their home reflects their comfortable lifestyle, supplemented by a collection of luxury cars including a Lexus LX 470, a Porsche, a Mercedes Benz E Class, and a BMW.

Philanthropy

A committed philanthropist, Preity adopted 34 girls from an orphanage in Rishikesh in 2009, pledging to support them fully.

Personal Life

Preity married Gene Goodenough in 2016 after dating him for five years, in a small Hindu ceremony in Los Angeles. They auctioned their wedding photos to raise money for charity.

Continued Inspiration

Known for her vibrant personality and generosity, Preity continues to be a source of inspiration and kindness, making a mark both in entertainment and sports management.

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