Shilpa Shetty is the owner of the Rajasthan Royals
Shilpa Shetty, along with her partner (read boy friend), Raj Kundra, has bought a 12% stake in the franchise from Emerging Media, who bought the franchise last year for US$ 67 million.
She and her partner dished out Us$ 15.4 million for the 12% stake. That's more than double what Emerging Media paid for it. Some valuation that. Big profit already.
More importantly, move over Priety Zinta, the IPL has a new beauty!
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