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Lachlan Murdoch Nets 92x Return in Landmark $1.6 Billion Rajasthan Royals Sale - Ministry of Sport
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Lachlan Murdoch Nets 92x Return in Landmark $1.6 Billion Rajasthan Royals Sale - Ministry of Sport
The impending sale of the Rajasthan Royals for USD1.6 billion (AUD2.3 billion) is set to generate one of the most significant windfalls in Indian Premier League (IPL) history. The transaction, led by a consortium including entrepreneur, Kal Somani and Rob Walton of the Walmart family, marks a watershed moment for the franchise’s early investors, notably Lachlan Murdoch, who is poised to secure a staggering 92.4x return on his initial 2008 invest…
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