Rakesh Gangwal (#802)
- $ 5 B
- Airline
- United States
- M
- 72 Years
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About Me
Airline veteran Rakesh Gangwal owes his fortune to 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 Rahul Bhatia (also a billionaire) in 2006 with one aircraft. The Miami resident resigned from the company's board in 2022 and said he would gradually sell his stock over the next five years. Gangwal was named chairman of Southwest Airlines in November 2024. He resigned from that role in August 2025 but remains on the board.
Achievements
Career Highlights
A snapshot of the defining milestones, leadership decisions, and breakthroughs that shaped Rakesh Gangwal’s rise and global influence.
Wealth Growth
Net Worth Growth Over Time
Tracking Rakesh Gangwal’s net worth journey over the years, highlighting key growth phases and financial milestones.
Current Net Worth: $5.3B
(May 4, 2026)
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