Jay Shah net worth in rupees 2024, Salary and earning of New ICC Chairman checked here.
Jay Shah net worth in rupees
What is Jay Shah’s Net Worth in rupees? After becoming new ICC Chairman, let us look at Jay Shah’s earnings.
Jay Shah became the new ICC Chairman on August 27 after being elected unopposed with a single nomination for the post. The outgoing Board of Control for Cricket in India (BCCI) secretary served two tenures from 2019 to 2024. As Jay Shah prepares to join the ICC office on December 1, let’s take a look at Jay Shah’s net worth over the years.
Jay Shah Net Worth Rupees in 2024
Shah has an estimated net worth of Rs 124 crore. The majority of his revenue has come from his business ventures. According to reports, he possesses a 60% share in Kusum Finserve and was a director at Temple Enterprise.
Jay Shah joined the BCCI in 2015 after being selected to join the Finance and Marketing Committee. Later, in 2019, he was chosen as the secretary and served another three years
What was the salary of Jay Shah as BCCI Secretary ?
According to Khel Now, Jay Shah received ₹40,000 per day for meetings and domestic business class travel, as decided in the Apex Council meeting last October. Additionally, he receives a daily allowance of USD 650 when traveling abroad and Rs 15,000 when staying in India. For “work travel,” they receive a daily allowance of ₹30,000.
Jay Shah’s personal life
After earning his engineering degree, Jay Shah married his college classmate, Rishita Patel. Born in 1988, he is also a father of two children. Following in the footsteps of Jagmohan Dalmiya, Sharad Pawar, N. Srinivasan, and Shashank Manohar, Jay Shah will become the fifth Indian to hold this prestigious position.
icc chairman salary in rupees
This is how Jay Shah earns from BCCI, will he get salary after becoming ICC chairman?
Jay Shah has been the secretary of BCCI for the last 5 years and now he will take over as the chairman of ICC. He will start his work here from December 1. During this time, he will also often stay at the ICC headquarters in Dubai. Shah’s tenure as chairman will be 2 years, which may be extended further.
ICC chairman Jay Shah
Jay Shah, secretary of the Board of Control for Cricket in India, will now be the boss of international cricket. Jay Shah has been elected as the next chairman of the ICC. The ICC officially announced this on Tuesday, August 27. With this, he will also be the youngest chairman of the council. Jay Shah, just 35 years old, will take over this post from December 1. He will replace the current chairman Greg Barclay in this post, who was the chairman for 4 consecutive years (2 terms) but refused the third term. With this announcement, people have also started wanting to know how much salary Jay Shah will get as ICC chairman, will he earn more than BCCI?
Jay Shah became the secretary of BCCI in 2019 and has been continuously holding this post since then. Now he will leave this post and take charge of the ICC. The tenure of the ICC chairman is 2 years and a maximum of 3 terms can be given to any chairman. In such a situation, Shah will take over the reins of ICC for the next few years. But will he get a salary as ICC chairman? If he gets it, will it be more than BCCI? These are some questions that are in everyone’s mind.
How does BCCI earn money?
First let’s talk about BCCI. The President, Secretary, Vice President and Treasurer are ‘honorary’ posts in the Indian Cricket Board. The officials holding these posts do not get any monthly or annual salary. That is, there is no fixed salary. Despite this, they are given expenses for work by the board. These officials are given different types of allowances and expenses, which were increased by the board last year. All the big honorary officials including the President and Secretary get an allowance of 1000 dollars i.e. about 82 thousand rupees every day for going to ICC meetings or foreign tours related to Team India. Along with this, they get the facility to travel in first class in airplanes.
Similarly, for attending different meetings within India, an allowance of Rs. 40,000 per day is given and along with that, business class travel facility is also provided. Apart from this, an allowance of Rs. 30,000 per day is also given for visiting different cities in connection with work other than board meetings. Apart from this, officers can also book hotel suite rooms for themselves in the country or abroad, the expenses of which are borne by the board.
Will ICC pay salary to Jai Shah?
That is, Jay Shah does not get salary from BCCI but he gets a good amount of expenses for attending board meetings and ICC meetings held abroad. A similar provision is there in ICC. There too, officials like chairman, vice-chairman do not get a fixed salary. They also get allowances and facilities based on different meetings and work. However, till date it has not been released by ICC how much money it gives to its officials in the form of allowances or other facilities.
Jay Shah Salary: How Much Will New ICC Chairman Jay Shah Earn at International Cricket Council?
Jay Shah’s current role as the Secretary of the Board of Control for Cricket in India (BCCI) is classified as ‘honorary.’ This means that Shah, similar to key officials within the BCCI, including the President, Vice President, and Treasurer, does not receive a traditional fixed salary.
Similarly, Jay Shah will not earn a fixed salary from the ICC. His compensation is structured around various allowances and facilities provided to support his official duties. These could include travel expenses, accommodations, and other necessary costs incurred while performing his responsibilities as Chairman. However, the exact details of these allowances have not been publicly disclosed by the ICC.
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