Naresh Goyal Net Worth

Jet Airways founder Naresh Goyal Net Worth- Total Wealth

Naresh Goyal is the founder of the biggest Airline Jet Airways. Goyal started Jet Airways by borrowing some money from his mother and later became the owner of India’s largest airline company. According to a Forbes report Founder of Jet Airways Naresh Goyal Net Worth is estimated at $1.9 billion and Forbes magazine ranked him as the 16th richest Indian.

However, his fortunes took a major hit when his company faced serious financial problems. Due to Naresh Goyal being caught in money laundering, his airline got huge debt and this not only caused damage to Naresh Goyal’s property but also many types of allegations were made against him, which he is still dealing with. So let us know about Naresh Goyal’s net worth and his remaining assets in this article.

Naresh Goyal Net Worth in 2024

Although the information about his wealth is not public, but when his wealth was investigated, The Enforcement Directorate (ED) has seized assets worth ₹538.05 crore from Jet Airways and the Naresh Goyal family as it suspects that these assets were acquired through illegal activities.

He has acquired 17 houses and commercial buildings from various companies and people, including Naresh Goyal, his wife Anita Goyal and his son Nivan Goyal. These properties are in London, Dubai and India.

Naresh Goyal Bio & Career

He was born in 1949 in Sangrur, Punjab, in the family of a jeweler. He went to a government school till class 6. When he was 11 years old, his family faced money problems and had to sell their house. Then he went to live with his mother’s uncle. At the age of 18, he got a teaching degree. He started his career as a cashier and worked for his uncle’s travel agency.

After graduating in commerce in 1967, he worked as a general sales agent for Lebanon International Airlines. From 1967 to 1974 he learned a lot about the airline business by working with various foreign airlines. He established Jet Air Limited to handle the sales and marketing of foreign airlines in India.

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Jet Airways started flying across India in 1993. In 2004, he started flying to other countries as well. In 2010, Jet Airways became India’s largest airline when it purchased Air Sahara in 2007. He focused on how flights were scheduled and the economics of running an airline. His experience and knowledge of the airline industry made him successful Air Lines CEO

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