Sanjiv Goenka’s investment in the Lucknow franchise is reportedly nine times greater than the amount Mukesh Ambani spent to acquire the Mumbai Indians.
In October 2021, Sanjiv Goenka made headlines with a remarkable investment of nearly one billion dollars to secure the Lucknow franchise in the Indian Premier League (IPL). His winning bid of Rs 7,090 crore surpassed Gautam Adani’s Rs 5,100 crore, earning him the esteemed ownership of one of the most sought-after teams in the IPL.
An interesting fact is that Sanjiv Goenka’s investment in the Lucknow franchise is rumored to be nine times higher than the amount Mukesh Ambani spent to acquire the Mumbai Indians. This remarkable figure has left many in awe of Goenka’s impressive financial capabilities and his unwavering dedication to the IPL.
During a press conference, Sanjiv Goenka openly expressed his deep admiration for Mukesh Ambani’s exceptional execution skills, compassionate nature, and his remarkable ability to connect with the masses. Goenka further stated that he considers Ambani as his source of inspiration, as very few individuals possess the same level of visionary thinking as Ambani does.
Who is Sanjiv Goenka?
Sanjiv Goenka, the esteemed chairman of the RPSG group, leads a workforce of more than 50,000 individuals spanning a wide array of industries. The company has a robust presence in sectors such as carbon black, power, IT, retail products, media, entertainment, sports, education, and infrastructure. Goenka’s remarkable credentials include serving on the board of IIT Kharagpur, a prestigious institution of higher education.
Sanjiv Goenka, the esteemed chairman of the RPSG group, oversees a workforce of more than 50,000 individuals involved in various industries. The company holds a significant presence in sectors such as carbon black, power, IT, retail products, media, entertainment, sports, education, and infrastructure. Goenka’s impressive accomplishments include serving on the board of IIT Kharagpur, a prestigious institution of higher education.
According to the Economic Times, the RPSG group generates an astounding revenue of over Rs 32,000 crores. Additionally, the company possesses an impressive asset base valued at 4 billion dollars.
It is worth noting that Sanjiv Goenka’s brother, Harsh Goenka, is also a prominent billionaire in his own regard. According to The Asian Age, Harsh Goenka took on the position of chairman within the RPG Group, while Sanjiv established the RP-Sanjiv Goenka Group.
Education and family
Sanjiv Goenka, born in Kolkata, completed his Bachelor of Commerce degree from St. Xavier’s College in 1981. He is happily married to Preeti, a talented interior designer, and together they have been blessed with two children named Shashwat and Avarna.
House and business
The esteemed business magnate, Sanjiv Goenka, owns a luxurious mansion located in the prestigious Lutyens area of Delhi. This extravagant residence is widely regarded as one of the most extravagant homes in the capital city.
Sanjiv Goenka’s entrepreneurial ventures encompass the renowned supermarket chain, Spencer’s, and the popular snacks brand, Too Yumm. Furthermore, he is the visionary behind the esteemed Open magazine.
According to Forbes, Sanjiv Goenka’s net worth is estimated at 210 million dollars, which roughly translates to around Rs 16,500 crore.