Jay Shah is a well-known name in the world of sports administration. He is currently Chairman of the International Cricket Council (ICC), one of the most powerful figures in world cricket. Before this, he became hugely famous as the Secretary of the Board of Control for Cricket in India (BCCI). He played a key role in making the Indian Premier League (IPL) one of the richest sports leagues in the world.
Quick Overview: Personal & Financial Details
| Attribute | Detail |
| Name | Jay Shah |
| Age | 37 years (Born September 22, 1988) |
| Net Worth | Approximately ₹124 Crore to ₹150 Crore |
| Primary Income Sources | Business ventures, ICC/BCCI allowances, and investments |
| Organization | International Cricket Council (ICC) |
| Major Assets | Real estate in Gujarat, luxury cars, and business stakes |
| Investments | Kusum Finserv, Dhruva Space, and various stocks |
| Spouse | Rishita Patel (married 2015) |
| Children | Two daughters and one son |
Net Worth Breakdown
Reports estimate Jay Shah’s net worth at around ₹124 crore to ₹150 crore. His wealth is not generated from a single salary. Instead, he is able to increase his wealth by having a successful business career and making high-value investments. In the passing years, his financial status has been growing steadily as he balances his responsibilities in cricket management with his private business interests.
Income Sources Explained
Jay Shah makes money in a variety of ways. Interestingly, his positions at BCCI and ICC are honorary. This means he does not draw a monthly salary from it. However he is given large daily allowances.
For international meetings, he gets about $1,000 (approx. ₹84,000) per day. For meetings within India, he gets ₹40,000 for a day.
A good part of his income is from his business, Kusum Finserv, in which he has a 60% stake.
He also served as a director in Temple Enterprise which helped him grow financially at an early age.
Total Assets & Investments
Jay Shah owns a number of high-value assets and holds a diverse investment portfolio.
He owns a beautiful family home at Ahmedabad, Gujarat. He also owns a set of luxury automobiles and expensive watches. Much as he keeps quiet about his private life, his lifestyle reflects his success as a top-tier administrator.
Modern and traditional sectors in which Jay Shah invests:
- Kusum Finserv: This is his main business interest.
- Startups: He is an angel investor in Dhruva Space, a company in the field of high tech aerospace and defense technology.
- Stock Market: It is reported that he holds stocks with several Indian companies, and this greatly increases his wealth over the long run.
