Check out the net worth of ICC’s new chairman Jay Shah

Aug 28, 2024

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Check out the net worth of ICC’s new chairman Jay Shah

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Jay Shah has been elected as the next Chairman of the International Cricket Council (ICC), succeeding Greg Barclay, whose four-year term is coming to an end. Shah, set to take office on December 1, 2024, will become the youngest ICC Chairman in the organization’s history at the age of 36. His appointment comes after Barclay decided not to seek re-election, opening the position for Shah, who was the sole nominee for the role.

Career background and achievements

Shah’s career in cricket administration has been notably swift and impactful. He has been serving as the Secretary of the Board of Control for Cricket in India (BCCI) since October 2019 and has been the President of the Asian Cricket Council (ACC) since January 2021.

During his tenure at the BCCI, Shah played a pivotal role in the significant growth of the Indian Premier League (IPL), contributing to its status as one of the most lucrative and prominent cricket leagues globally. His contributions have also extended to the BCCI’s finance and marketing strategies, which have been instrumental in the tournament’s enhanced valuation and commercial success.

Also READ: Indian cricketing fraternity unites in congratulating Jay Shah on becoming the new ICC Chairman

Early life and career highlights

Shah was born on September 22, 1988, to Sonal and Amit Shah. He pursued a B.Tech degree from Nirma University in Ahmedabad, Gujarat. Shah’s early career in cricket administration began with the Gujarat Cricket Association (GCA), where he played a key role in the development of the Narendra Modi Stadium.

He was appointed Joint Secretary of the GCA in 2013, and his subsequent roles included joining the BCCI’s finance and marketing committees in 2015. His notable achievement as BCCI Secretary includes overseeing the IPL’s rights sale for Rs 48,390 crore, marking a significant milestone in the league’s financial success.

Jay Shah’s net worth and business ventures

According to the Inside Sports media report, Shah’s estimated net worth stands at approximately Rs 124 crore. His financial portfolio includes earnings from his roles in cricket administration and various business ventures. Shah holds a 60% stake in Kusum Finserve and is a director at Temple Enterprise, reflecting his diversified interests and investments beyond cricket. His substantial net worth underscores his successful career in both cricket and business, positioning him as a significant figure in the cricketing world.