Rakesh Gangwal is an Indian-American businessman and co-founder of IndiGo Airlines. After graduating from IIT Kanpur, he moved to the US. Over the years, he had an association with many airline companies namely United Airlines, and Air France.
Rakesh Gangwal Age
As of 2024, he is 72 years old.
Rakesh Gangwal Birthplace
Rakesh was born in Kolkata, West Bengal.
Rakesh Gangwal Education
Mechanical Engineering, IIT Kanpur
MBA, The Wharton School, University of Pennsylvania
Rakesh Gangwal Nationality
United States
Rakesh Gangwal Ethnicity
Indian/Asian
Rakesh Gangwal Biography
| Full Name | Rakesh Gangwal |
| Gender | Male |
| Date of Birth | 25 July 1952 |
| Place of Birth | Kolkata |
| Profession | Businessman |
Rakesh Gangwal Parents
No information is available.
Rakesh Gangwal Wife
Shobha Gangwal
Rakesh Gangwal Daughter
His daughter’s name is Parul Gangwal, the founder of Wheelhouse Capital.
| See also: Georges Elhedery |
Rakesh Gangwal’s Net Worth
Rakesh Gangwal’s estimated net worth is USD 6.8 Billion.
Rakesh Gangwal Family Trust
Gangwal has a family trust, ‘The Chinkerpoo‘.
Rakesh Gangwal Indigo
Rakesh along with Rahul Bhatia founded Indigo Airlines in 2006 with only one aircraft. The partnership fell apart in 2019 and Rakesh resigned from the company’s board. He then announced his plans to gradually reduce his stake in IndiGo.
Since then he has sold some portion of his stake 5 times.
Rakesh Gangwal Stake Sale
On 30 August 2024, Rakesh Gangwal sold a 5.24% stake in InterGlobe Aviation for Rs 9,549 crore. InterGlobe Aviation Ltd. is the parent company of IndiGo Airlines, India’s largest domestic airline. The stake was sold by his family trust, “The Chinkerpoo”.