Gallery

Name

Rakesh Gangwal

Primary Residence

Miami, Florida

Education

Bachelor of Science in Engineering, Indian Institute of Technology | Master of Business Administration, Wharton School at the University of Pennsylvania

Citizenship

United States

Forbes Self Made Score

Source Of Wealth

airline, Self Made

Net Worth

$3,800,000,000

Forbes Profile

https://www.forbes.com/profile/rakesh-gangwal5

Forbes 2019 Billionaires List Rank:

775

Forbes List Rank One: Title

#775 Billionaires 2019

Forbes List Rank One: Link

https://www.forbes.com/billionaires/

Forbes List Rank Two: Title

#354 Forbes 400 2018

Forbes List Rank Two: Link

https://www.forbes.com/forbes-400/

Forbes List Rank Three: Link

https://www.forbes.com/india-billionaires/

Summary

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 close to 37% of the company and now serves as a board member.The Indian-born mechanical engineer studied at the Indian Institute of Technology, Kanpur before getting his M.B.A. at Wharton.

Did you know?

His only daughter Parul works at enterprise software firm Salesforce in California.He and his wife paid $30 million for a Miami mansion that previously belonged to billionaire Charles Johnson.

Age

Number of Children

Wikipedia

https://en.wikipedia.org/wiki/Rakesh_Gangwal