Who owns Indigo airline? You will be shocked to know his net worth, why do he stay away from media?

Indigo Airline Owner Rahul Bhatia: Due to the crisis of Indigo airline, the condition of passengers on a large scale is bad. The airline has canceled all its flights till 4 pm today. There is chaos from Delhi-Hyderabad and Mumbai to Patna-Kolkata. In such a situation, there is only one question in the minds of people that who is the owner of this airline and what is his net worth?

Let us tell you that the command of Indigo airline is in the hands of a person who is not seen much in the media and likes to remain in a simple look. We are talking about Rahul Bhatia. Rahul Bhatia has studied Electrical Engineering from the University of Waterloo, Canada. He is the son of businessman Kapil Bhatia and his father owned a travel agency named Delhi Express.

How much property does Rahul Bhatia own?

Talking about Rahul Bhatia’s net worth, according to the Hurun Global List of 2023, he owns a total wealth of more than $3.5 billion. At the same time, with the spectacular rise in IndiGo’s shares, Rahul Bhatia’s wealth will exceed $ 10 billion by 2025. The most interesting thing is that this amount is more than the annual turnover of IndiGo and is more than double the total value of the company at the time it came to the stock market in 2015.

Not only this, he has three hotels in Gurugram. He has also received many big awards, including Ernest & Young Award, Economic Times Award. But one special thing is that Indio Airline was not started only by Rahul Bhatia.

When was Indigo airline started?

Indigo airline was started together by Rahul Bhatia and Rakesh Gangwal. But gradually when cracks started appearing in their relationship, the differences increased. According to media reports, Gangwal raised questions on Bhatia’s control over IndiGo through InterGlobe Enterprises, party transactions and transparency of board work. In 2019, Rakesh Gangwal directly complained to SEBI. Then things got so bad that the case reached the court and London Arbitration.

Gangwal resigns from the board in February 2022

Gangwal in February 2022 resignation from the board Gave it and clearly said that in the next five years he will sell his entire stake in the market. After that he gradually started selling his share. Despite differences with Gangwal, IndiGo’s growth did not come to a full stop. In the year 2023, IndiGo operated more than 2,000 flights in a day and this is the first record of any Indian airline.

Also read: Indigo gives relief to passengers, refund of flight cancellation will come in the account by this date; see details

Indigo’s command in the hands of Rahul Bhatia

After the resignation of Rakesh Gangwal, Rahul Bhatia indigo airline Has taken complete command of the company in his hands. In February 2022, he was made the managing director of the company’s parent InterGlobe Aviation for five years.