ICC Chairman’s Wealth, Income Sources & Business Empire

Jay Amitbhai Shah, son of Home Minister of India, Amit Shah, has quickly propelled himself to a position of great influence and wealth in world cricket administration.  Appointment as ICC Chairman in 2025 came for Shah, who had formerly been BCCI Secretary and ACC President.

His journey is marked with major accomplishments and considerable wealth accumulation that took him from the local governance of cricket in Gujarat to the higher echelons of international cricket administration. From small local associations in Gujarat, he has achieved great successes and earned significant amounts of money through cricket administration.

Jay Shah’s net worth is around ₹124 crores (talking about $15 million USD), and consequently, not only is he one of the youngest cricket administrators, he is one the richest cricket administrators around the world – regardless of age. This fortune is made up of multiple cricket administration roles, as well as business interests, investments, and having a smart strategy.

Sources of Income

1. Cricket Administration: As Secretary of the BCCI, Shah was not paid on a regular salary basis, and only received allowance for international meetings and/or travel incurred on behalf of the BCCI, with reports of a daily allowance up to ₹84,000.
2. ICC Chair: As ICC Chair, we can fairly assume he is going to be able to claim similar allowances and further enhance his income.
3. Business Ventures: Shah’s wealth is primarily driven by his business interests. He is a director at Temple Enterprise and holds a majority (60%) stake in Kusum Finserve, a financial services firm.
4. Investments: His investment portfolio includes various business ventures, contributing to his overall financial growth.

Notable Investments and Business Ventures

1. Kusum Finserve: Shah’s 60% stake in this company is a significant asset, reflecting his focus on the financial sector.
2. Temple Enterprise: His directorship here adds to his business credibility and income streams.
3. Indian Premier League (IPL): While not directly listed as an income source in all reports, some sources mention his influence and involvement in the IPL, though specifics about equity or direct ownership are less clear.

Jay Shah’s Career Timeline

Also read: Complete List of Awards Won by MS Dhoni – Padma Bhushan to ICC Hall of Fame

Lifestyle and Assets

• Properties: Jay Shah is based in Ahmedabad, in the state of Gujarat but again he is a frequent flyer between Ahmedabad and Mumbai for his cricket administration duties. The valuation of his home is not published, but it reflects his status.
• Luxury Car Collection: Jay Shah’s passion for luxury vehicles is evident in his collection, which includes:

Key Takeaways

• Net Worth (2025): ₹124 crore (widely reported), with some sources citing higher (but less substantiated) figures.
• Primary Income Sources: Business ventures (Kusum Finserve, Temple Enterprise), cricket administration (BCCI, ICC), and investments.
• Career Highlights: BCCI Secretary, ACC President, ICC Chairman.
• Financial Growth: Steady increase aligned with career progression and business expansion.

Recognition and Influence

1.  In 2024, The Indian Express named him to one of its most powerful Indians list.
2. Has received multiple awards including “Sports Business Leader of the Year” (CII Sports Business Awards 2023) and “Excellence in Sports Administration” (CEAT International Cricket Awards 2024).

Conclusion

As of 2025 Jay Shah’s net worth is estimated to be ₹124 crore, reflecting the financial consequences of his many roles in cricket administration and business. The fact that someone traversed from the local cricket boards to now being the ICC Chair, had combined business acumen, vision are a testament to what he has been able to accomplish.  Jay Shah still has decades in front of him to influence the future of cricket globally where is both professionally and financially likely to be even better off than he is today.

Written By Smita Singh