Stephen Schwarzman celebrates RCB's IPL titles wearing team jersey
Yahoo Sports • 1 min read • Latest: Jun 7, 2026, 1:28 PM
Last updated Jun 7, 2026
Stephen Schwarzman, the chairman of Blackstone, publicly supported Royal Challengers Bengaluru (RCB) by wearing the team's jersey during a meeting. His display followed RCB's victory against Gujarat Titans in the IPL final, marking the team's second consecutive title. Schwarzman emphasized Blackstone's commitment to RCB, reflecting confidence in India's growth. In March 2026, Blackstone partnered in acquiring full ownership of RCB, which was valued at approximately USD 1.78 billion. The franchise includes both the men's and women's IPL teams.
- •Schwarzman wore RCB's jersey during an internal meeting.
- •RCB won the IPL final against Gujarat Titans by five wickets.
- •Blackstone acquired 100% of RCB in March 2026.
- •The franchise is valued at around USD 1.78 billion.
- •RCB's women's team won WPL titles in 2024 and 2026.
- 1:28 PMYahoo Sports — Blackstone CEO Stephen Schwarzman celebrates RCB's IPL success in team jersey
"Blackstone chairman Stephen Schwarzman celebrated Royal Challengers Bengaluru's back-to-back IPL triumphs by wearing the team's jersey during an internal meeting. This public display of support highlights Blackstone's significant investment in the franchise as part of their broader confidence in India's growth and potential.
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