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Rakesh Gangwal: Forbes’ 2025 list of the richest Americans features Rakesh Gangwal a standout among the many immigrant success stories shaping the US economy but in the Indian context Gangwal is an inspiration for many. From humble beginnings to building a billion-dollar empire his journey reflects grit vision and global ambition. How Rakesh Gangwal founded IndiGo Airlines? Rakesh Gangwal is an affluent Indian-American billionaire entrepreneur who is an inspiration for many people in the aviation industry. Born in Kolkata and later moved to US Gangwal amassed his wealth primarily through his involvement with InterGlobe Aviation the parent company of Indias leading budget airline IndiGo. Being the co-founder and 25% partner of IndiGo Airlines Gangwals achievements extend beyond financial success. Who is Rakesh Gangwal? Although the family background of Rakesh Gangwal is not extensively documented reports say that Gangwal completed his education at Don Bosco School in Park Circus Kolkata. After completing his schooling Gangwal complted his graduation in 1975 from the Indian Institute of Technology Kanpur with a bachelors degree in mechanical engineering. Furthered his education he also earned an MBA from the University of Pennsylvania’s Wharton School US. Whats Net worth of Rakesh Gangwal? As per Forbes the net worth of Rakesh Gangwal is estimated at $6.7B as on July 14 2025. IndiGo appoints Amitabh Kant as Non-Executive Director Meanwhile IndiGo recently announced the appointment of retired IAS officer Amitabh Kant as a Non-Executive Director on the Board of Directors of its parent company InterGlobe Aviation Limited subject to regulatory and shareholder approvals in another significant development. Why IndiGo Airlines appointed Amitabh Kant? More importantly Kant was part of PM Modi’s team that delivered the historic New Delhi Leaders’ Declaration which emphasised tackling global issues catalysing growth expanding India’s digital public infrastructure and advocating ambitious reforms in climate finance geopolitics and technology. Along with these achievements he was the Chief Executive Officer of the National Institution for Transforming India (NITI Aayog) for a period of six years. (With inputs from agencies)