Rakesh Gangwal Net Worth (Updated 2025).
Rakesh Gangwal, a prominent figure in the aviation industry, began his career in the early 1980s, fresh out of the Indian Institute of Technology (IIT) Kanpur, with a degree in aerospace engineering. He started as a junior engineer at Hindustan Aeronautics Limited, India’s state-owned aerospace and defense company. Here, he honed his skills in aircraft maintenance and repair, laying a solid foundation for his future endeavors.
In 1993, Gangwal took a leap of faith and moved to the United States, where he joined US Airways as a director of maintenance. This marked a significant turning point in his career. Over the next decade, he climbed the corporate ladder, eventually becoming the airline’s executive vice president and chief operating officer. It was during this time that he gained recognition for his role in turning around US Airways’ operational performance and improving its safety record.
Rakesh Gangwal’s Current Net Worth
As of 2025, Rakesh Gangwal’s current net worth is estimated to be around $3.5 billion, according to Forbes.
Career
Rakesh Gangwal is an Indian-American businessman and the co-founder of IndiGo, India’s largest airline. He served as the airline’s CEO from 2006 to 2018 and has been instrumental in its growth and success.
Other Ventures
In addition to IndiGo, Gangwal has invested in various other ventures, including real estate and technology startups. He is also a philanthropist and has contributed to causes such as education and healthcare in India.
Assets
Gangwal’s assets include a significant stake in IndiGo, as well as real estate properties in the United States and India. He also owns a private jet and a luxury car collection.
Annual Income
As of 2025, Rakesh Gangwal’s estimated annual income is around $100 million, primarily from his stake in IndiGo and other investments.
Frequently Asked Questions about Rakesh Gangwal
**Frequently Asked Questions: Rakesh Gangwal Net Worth**
1. What is Rakesh Gangwal’s net worth?
Rakesh Gangwal’s net worth is estimated to be around $2.5 billion.
2. How did Rakesh Gangwal make his fortune?
Rakesh Gangwal made his fortune primarily through his investments and business ventures in the aviation industry. He is the co-founder and former CEO of IndiGo, a low-cost airline in India.
3. What is Rakesh Gangwal’s role in IndiGo?
Rakesh Gangwal co-founded IndiGo in 2006 and served as its CEO until 2018. He is currently the Chairman of the company.
4. What other businesses is Rakesh Gangwal involved in?
Besides IndiGo, Rakesh Gangwal has investments in various other industries. He is the founder and Chairman of InterGlobe Enterprises, a diversified Indian conglomerate with interests in aviation, hospitality, and real estate.
5. What is Rakesh Gangwal’s educational background?
Rakesh Gangwal holds a Bachelor’s degree in Engineering from the Indian Institute of Technology, Delhi, and an MBA from the Indian Institute of Management, Ahmedabad.
6. When was Rakesh Gangwal born?
Rakesh Gangwal was born on August 12, 1958.
7. Where does Rakesh Gangwal live?
Rakesh Gangwal resides in New Delhi, India.
8. Is Rakesh Gangwal married?
Yes, Rakesh Gangwal is married. He has two children.
9. What are Rakesh Gangwal’s philanthropic activities?
Rakesh Gangwal is involved in various philanthropic activities. He has set up the Rakesh Gangwal Foundation, which focuses on education, healthcare, and community development in India.
10. What is Rakesh Gangwal’s philosophy on business and success?
Rakesh Gangwal believes in creating value for customers and stakeholders through innovative and sustainable business practices. He has often spoken about the importance of integrity, hard work, and perseverance in achieving success.
