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Celebrities News

The Times of India

Celebrities / The Times of India

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Raj claims Rs 82 cr gift for Shilpa now worth Rs 16,000 cr

Raj Kundra revealed he bought Rajasthan Royals in 2009 as a Valentine's Day gift for Shilpa Shetty, spending Rs 81.9 crore for an 11.7% stake, now valued at Rs 16,000 crore. He called it IPL's largest single cheque investment then. Kundra was later banned for betting allegations in 2015, though he maintains his innocence.

23 Jul 2026 5:40 am