Despite a challenging 2024 Indian Premier League (IPL) season, Hardik Pandya reemerged as a pivotal figure, leading Team India to a triumphant victory in the T20 World Cup at the Kensington Oval stadium in Barbados, clinching a thrilling final against South Africa. Earlier this year, the all-rounder made headlines by rejoining the Mukesh Ambani-owned IPL franchise Mumbai Indians and being appointed as their captain.
Career and Financial Growth
Over the years, Hardik Pandya has solidified his position on Team India through his remarkable performance as an all-rounder. His career in the field is complemented by a diversified business portfolio, significantly boosting his annual earnings. According to the Economic Times, Hardik Pandya’s estimated net worth stands at Rs 94 crore. Let’s explore the various sources of income that contribute to his wealth.
1. Contract with the BCCI
Hardik Pandya earns an annual salary of Rs 5 crore through his contract with the Board of Control for Cricket in India (BCCI). In 2024, he was offered a Grade A contract, alongside players like R Ashwin, Mohd. Shami, Mohd. Siraj, KL Rahul, and Shubman Gill.
2. Earnings from IPL
Hardik Pandya began his IPL career with the Mumbai Indians in 2015. After six seasons, he moved to the Gujarat Titans in 2022, leading them to their maiden title. He was retained by the Gujarat Titans in 2023 but was traded back to Mumbai Indians ahead of the 2024 season for an undisclosed fee. His new contract with Mumbai Indians grants him an annual fee of Rs 15 crore. Over 10 IPL seasons, Pandya has earned approximately Rs 89.30 crore.
3. Fee Per Match
In addition to his annual salary from the BCCI, Hardik Pandya earns per match fees as follows: Rs 15 lakh for a Test match, Rs 6 lakh for an ODI, and Rs 3 lakh for a T20I, according to a report by the Times of India.
4. Brand Endorsements and Promotional Posts
Hardik Pandya’s massive social media following allows him to command substantial fees for promotional posts. He is a sought-after name in the marketing world, endorsing multiple domestic and international brands, including Gulf Oil India, Souled Soul, Dream 11, Monster Energy, and BoAtIn Images | Mirzapur Season 3 actor Pankaj Tripathi’s sources of income, lavish sea-facing Mumbai home, swanky cars, net worth, and more. According to The Times of India, he charges between Rs 1.5 crore and Rs 2 crore for each brand promotion.
5. Investment in Multiple Businesses
Beyond cricket and endorsements, Hardik Pandya has invested in various businesses, adding to his financial portfolio. His investments include startups such as Aretto (a kid’s footwear brand), Yu Foodlabs (a packaged food brand), Bidzapp (an e-commerce platform), and LenDenClub (a financial planning company).
Hardik Pandya’s journey from a talented cricketer to a successful businessman highlights his multifaceted approach to securing his financial future. His income sources, ranging from cricket contracts and IPL earnings to brand endorsements and strategic business investments, collectively contribute to his impressive net worth of Rs 94 crore.
