Axar Patel Net Worth, Biography, Family & Cars (2024 Update)

Introduction

Axar Patel Net Worth: The well-known cricket star has gained notoriety for his on-field exploits but also for his lucrative side ventures. Patel, who will have a net worth of INR 49 crore, or USD 6 million, in 2024, makes his money by investing in real estate, playing for the BCCI and IPL, and endorsing products. In the IPL, Patel’s journey from the Mumbai Indians to the Delhi Capitals emphasizes his accomplishments in both business and cricket, demonstrating his significance in both domains.

Axar Patel Net Worth in 2024?

Full NameAxar Rajeshbhai Patel
Nick NameBaapu
Net WorthINR 49 crore or USD 6 million
Age30 years (DOB – January 20, 1994)
ResidenceNadiad, Gujarat, India
PositionAll-rounder (Left-arm orthodox & Left-handed batter)
Marital StatusMarried to Meha Patel (m.2023)
Source of IncomeBCCI’s Contract, IPL fees, Brand endorsements, and ad shoots
SalaryINR 3 crore (BCCI’s “Grade B” contract)
IPL SalaryINR 9 crore (Delhi Capitals)
EndorsementsSG Cricket, boAt, CoinSwitch, JSW Sports, Cricuru, GamToss, Kuber, Apollo, FanCode, Jio, and Ebix Cash
TeamsIndia, Gujarat, Mumbai Indians, Punjab Kings, Delhi Capitals
Coach/MentorVijay Patel

Axar Patel Net Worth

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Axar Patel’s net worth is estimated to be around ₹49 crore (around USD 6 million) as of 2024.

Here’s a breakdown of his earnings:

  • Cricket Contracts: A major chunk of his income comes from his BCCI contract (Grade B) and the Indian Premier League (IPL), where he plays for the Delhi Capitals.
  • Brand Endorsements: He is a popular figure and has endorsement deals with several brands, which adds to his wealth.

His net worth has been steadily increasing over the years, and with his continued success on the field, it’s likely to grow even more in the future.

Axar Patel Salary

Axar Patel’s salary can be broken down into two parts:

  • IPL Salary: His primary income comes from the IPL. As of 2024, he is playing for the Delhi Capitals, and his IPL salary is ₹9 crore.
  • BCCI Contract: He is also a contracted player with the BCCI. The BCCI salary structure is based on grades, with Grade B being his current designation. However, the specific amount of his BCCI contract is not publicly available.

IPL Contract

Axar Patel IPL Contract

IPL contracts are between individual players and franchises and details are not publicly available for privacy reasons. However, here’s a table outlining the general structure of IPL contracts:

ElementDescription
Player CategoryPlayers are divided into capped (played for India), uncapped (not played for India), and overseas categories. This classification affects the maximum reserve price a team can set for a player at the auction.
AuctionMost players are acquired through an annual player auction. Teams bid within their salary purse to win the rights to a player. Retained players (prior to auction) can have their contracts renewed.
Contract DurationContracts are typically for 1-3 years.
SalaryThe main financial term of the contract. Disclosed publicly after the auction.
Performance-based IncentivesSome contracts may include bonuses for achieving specific milestones, like wickets taken or runs scored. These terms are not public.
Image RightsThe contract may specify how the player’s image can be used for commercial purposes by the franchise.
YearPrice (in INR)IPL Team
20249 croreDelhi Capitals
20239 croreDelhi Capitals
20229 croreDelhi Capitals
20215 croreDelhi Capitals
20205 croreDelhi Capitals
20195 croreDelhi Capitals
20186.75 crorePunjab Kings
201775 lakhPunjab Kings
201675 lakhPunjab Kings
201575 lakhPunjab Kings
201475 lakhPunjab Kings
201310 lakhMumbai Indians

Axar Patel Endorsements

a man wearing a white hat and a white shirt

Axar Patel is a popular cricketer and has endorsement deals with several brands to promote their products and services. Here’s a list of some of the brands he endorses:

  • SG Cricket – Cricket equipment manufacturer
  • boAt – Lifestyle and audio accessories brand
  • CoinSwitch – Cryptocurrency exchange platform
  • JSW Sports – Management agency representing Axar for commercial purposes
  • Cricuru – Fantasy cricket platform
  • GamToss – Fantasy sports platform
  • Kuber – Fintech company
  • Apollo – Healthcare company (potentially for specific products)
  • FanCode – Sports streaming platform
  • Jio – Telecommunications company
  • Ebix Cash – Financial services company

This list is not exhaustive and Axar might have other endorsements as well.

Also Read: Arshdeep Singh Net Worth, Biography, Salary and Cars (2024)

Axar Patel House

Axar Patel is the owner of a posh home in Nadiad, Gujarat, India. He resides in a bungalow called “Rajkiran” with his family. The bungalow is only 60 kilometers from Ahmedabad and includes a 12 by 12 room. The house’s precise cost is unknown. The media claims that Axar has also made investments in a number of national properties.

Axar Patel Car Collection

CarModelCost (INR)
Mercedes SUVNot specifiedNot specified
Mercedes C-classNot specifiedNot specified
Land Rover DiscoveryBrand-new40-55 lakh

Axel Patel Additional Revenue Sources

Axel Patel Additional Revenue Sources

The primary sources of revenue for Axar are his cricket playing for the BCCI, IPL matches, brand endorsements, and advertising. In addition, he makes money via real estate investments and his own businesses. About his other earnings, however, there is no formal word.

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Conclusion

By 2024, the well-known cricket player Axar Patel will have amassed a sizeable net worth of INR 49 crore, or USD 6 million. In addition to playing cricket for the BCCI and IPL, he also invests in real estate, endorses brands, and does endorsement work. His Axar Patel Net Worth increased gradually over time, rising from INR 17 crore in 2020 to INR 49 crore in 2024. In addition to demonstrating his talent on the cricket field through his IPL career from the Mumbai Indians to the Delhi Capitals, Patel’s endorsement deals with companies like SG Cricket and boAt underscore his appeal. Patel’s wealth is further increased by his real estate holdings, which include his residence in Nadiad, Gujarat, and his collection of vehicles, which includes a Land Rover Discovery. All things considered, Patel’s many revenue streams and astute financial choices have helped him succeed as an entrepreneur and cricket player.

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