Rakesh Gangwal
$6.19B
as of 07/05/24
About Rakesh Gangwal
Airline veteran Rakesh Gangwal made his fortune from InterGlobe Aviation, the parent outfit of budget airline IndiGo, India's largest by market share.
Gangwal started his airline career with United Airlines in 1984 and went on to run US Airways Group as its chief executive and chairman.
Gangwal cofounded IndiGo, headquartered outside Delhi, with pal Rahul Bhatia (also a billionaire) in 2006 with one aircraft.
The Miami resident owns a minority stake in the company and served as a board member.
He resigned from the company's board in February 2022 and said he would be gradually selling his holding over the next five years.
Personal stats
Citizenship
United States of AmericaSource of wealth
AirlineResidence
Miami, FloridaMarital status
MarriedBirth date
07/25/53 (age 70)Number of children
1Education
Bachelor of Science in Engineering, Indian Institute of Technology; Master of Business Administration, University of Pennsylvania, The Wharton SchoolSelf-made
self-madeRakesh Gangwal’s fortune is worth
103K
troy ounces of gold
95K
median U.S. household
62K
median U.S. income
0.124%
U.S. credit card volume
0.025%
GDP of the United States
0.018%
United States debt
Net worth history
Annual ranking
Related people
Did you know?
The Indian-born mechanical engineer studied at the Indian Institute of Technology, Kanpur before getting his M.B.A. at Wharton.
Net worth over time
Real-time ranking
Financial assets
BSE INDIA | 539448-IN
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