Rakesh Gangwal
Service

Rakesh Gangwal Net Worth

Rakesh Gangwal, born in Miami, Florida, is an airline veteran who made his fortune from InterGlobe Aviation, the parent company of budget airline IndiGo, India's largest by market share. He cofounded the company in 2006 with one aircraft and now serves as a board member, owning close to 37% of the company.
Rakesh Gangwal is a member of Service

Age, Biography and Wiki

Birth Place Miami, Florida, United States

💰 Net worth: $3.8 Billion (2024)

Rakesh Gangwal, a prominent figure in the business world, is estimated to have a net worth of $3.8 billion in the year 2024. Rakesh Gangwal, who gained recognition for his stellar achievements in the United States, is widely respected for his contributions to the service industry and beyond. With his impressive wealth, Gangwal has cemented his position as a highly influential individual and continues to make a significant impact in various sectors.

2016 $2.2 Billion
2017 $2.1 Billion
2018 $3.3 Billion

Biography/Timeline

1953

Gangwal was born in Kolkata, India in 1953. He did his schooling from Don Bosco Park Circus, received his Bachelor of Technology degree in Mechanical Engineering from the Indian Institute of Technology Kanpur and Master of Business Administration degree from Wharton.

1994

Prior to joining US Airways, he served as executive vice President for Air France, beginning in the November, 1994. His association with the airline industry began in September, 1980, when as an associate of Booz Allen & Hamilton, Inc, he worked closely with United Airlines. In 1984, he joined United as Manager-strategic-planning. He held a series of positions at United. Previously, Gangwal had been a financial analyst in the product development group of Ford Motor Co. and a production and planning Engineer with Philips India Ltd.

About the author

Lisa Scholfield

As a Senior Writer at Famous Net Worth, I spearhead an exceptional team dedicated to uncovering and sharing the stories of pioneering individuals. My passion for unearthing untold narratives drives me to delve deep into the essence of each subject, bringing forth a unique blend of factual accuracy and narrative allure. In orchestrating the editorial workflow, I am deeply involved in every step—from initial research to the final touches of publishing, ensuring each biography not only informs but also engages and inspires our readership.