India, March 24 -- In a blockbuster sale ahead of the 19th edition of the Indian Premier League (IPL), Rajasthan Royals has been sold to Kal Somani, a United States-based entrepreneur for a jaw-dropping amount of $1.63 billion that amounts to Rs.15000 crore. It has led to curiosity among many fans as to who Kal Somani is and the piece provides plenty of information on his background.

Who is Kal Somani, the new owner of the Rajasthan Royals?

Media reports in March 2026 indicated that the franchise was up for sale as ArcelorMittal promoter family and Aditya Birla Group in partnership with David Blitzer was also in contention. British-Indian businessman Manoj Badale was the lead owner of the Royals but Somani has gained full control of the...