Billionaire Profile
Sanjiv Goenka
Global Rank
#1055

Image: Public domain | via Wikimedia Commons

Sanjiv Goenka

CEO, RPSG Group
IN
Real-Time Net Worth
$3.8B
As of December 2025
Age
64
Source
Diversified
Industry
diversified
Citizenship
IN

Biography

Sanjiv Goenka is an Indian billionaire businessman and the Chairman of the RP-Sanjiv Goenka Group, a diversified conglomerate. His estimated net worth of $3.8 billion, as of December 2024, stems from diverse business interests including power, retail, and sports. His career began within the family business, eventually leading to the founding of the RPSG Group. Goenka is recognized for his strategic leadership and is also the owner of the Lucknow Super Giants cricket team. His achievements include building the RPSG Group into a multinational conglomerate and successfully diversifying its business portfolio. He also holds the position of Chairman of the Board of Governors of the Indian Institute of Technology, Kharagpur (IIT-KGP).

Wealth Over Time

In-Depth Profile

Early Life

Sanjiv Goenka was born on January 29, 1961, in Kolkata, India, into a prominent Marwari business family. He is the son of Rama Prasad Goenka, the founder of RPG Enterprises. Sanjiv completed his schooling at St. Xavier's Collegiate School in Kolkata and earned a Bachelor of Commerce degree from St. Xavier's College, Kolkata, in 1981.

Rise to Success

Sanjiv Goenka began his career in 1984 with the family-owned RPG Enterprises. He rose through the ranks, leading key subsidiaries such as CESC and Philips Carbon Black. In 2011, following a family business split, he founded the RP-Sanjiv Goenka Group (RPSG Group), which quickly expanded. He is known for his early-stage investments and his strategic vision in diversifying the group's portfolio across various sectors.

Key Business Strategies

Goenka's business strategies focus on diversification and strategic acquisitions. Key strategies include restructuring and expanding CESC into multiple companies and acquiring companies such as Spencer's Retail and Firstsource Solutions. His leadership has been crucial in driving the RPSG Group's growth, employing over 50,000 people worldwide, and serving more than 500,000 shareholders.

Philanthropy

Sanjiv Goenka is involved in charitable activities, supporting causes like education and healthcare. He is also the Chairman of the Board of Directors of Woodlands Medical Centre, Ltd. Moreover, he was appointed to the Padma Award committee in 2023, highlighting his contributions to society.

Career Milestones

1981

Education

Graduated with a Bachelor of Commerce degree from St. Xavier's College, Kolkata.

1984

Joined RPG Enterprises

Began his career at the family-owned RPG Enterprises.

2001

President of CII

Became the youngest-ever President of the Confederation of Indian Industry.

2011

Founded RPSG Group

Founded the RP-Sanjiv Goenka Group after the split of RPG Enterprises.

2016

Padma Bhushan

Received Padma Bhushan from the Indian government

2021

Owner of Lucknow Super Giants

Acquired the rights to operate the Lucknow franchise of the Indian Premier League.

2023

Member of the Padma Award Committee

Appointed as a member of the Padma Award committee.

Philanthropy & Social Impact

Education

Support for Education

Undisclosed

Supports various educational initiatives through the RPSG Group.

Healthcare

Healthcare Initiatives

Undisclosed

Supports healthcare through Woodlands Medical Centre and other ventures.

Controversies & Challenges

2024

IPL Controversy

In 2024, he was involved in an on-field altercation with the captain of the Lucknow Super Giants, KL Rahul.