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Grizzly Bulls’ Billionaires Index

⬅ # 369 Kirsten Rausing|# 371 Don Hankey ➡

# 370 Rahul Bhatia 

$7.52B

Real Time Net Worth
as of 7/25/2024
$82.2M (1.09%)

# 370 Rahul Bhatia 

$7.52B

Real Time Net Worth
as of 7/25/2024
$82.2M (1.09%)
OccupationCofounder and CEO, IndiGo
Source of WealthAviation
Age65
ResidenceDelhi, India
Marital StatusMarried
Children2
EducationMS, University of Waterloo
Age-Adjusted Net Worth$5.36B
Rahul Bhatia
Rahul Bhatia
India
Net worth: $7.52B

Self-Made Score 

Biography

Overview

Rahul Bhatia is a billionaire with a significant stake in InterGlobe Aviation, which operates India's largest airline, IndiGo.
He co-founded IndiGo in 2006 alongside billionaire airline veteran Rakesh Gangwal.
As of February 2024, IndiGo commands a 62% domestic market share and flies to 118 destinations, including 32 overseas.
In 2019, Bhatia had a public falling out with Gangwal over the management of IndiGo, leading to Gangwal's gradual exit from the company.
Bhatia's InterGlobe Enterprises has diversified interests, including a joint venture with UPS called Movin, a logistics brand in India.
InterGlobe, founded in 1989, operates in various sectors such as Aviation, Hospitality, Logistics, and Travel Commerce, employing over 60,000 professionals globally.

IndiGo Airlines

IndiGo, co-founded by Rahul Bhatia and Rakesh Gangwal in 2006, boasts a fleet of more than 350 aircraft.
The airline holds a dominant position in the Indian market, with a 62-63% domestic market share.
Under Bhatia's leadership, IndiGo has expanded its operations to 118 destinations, including 32 international ones.
Pieter Elbers, former CEO of KLM, serves as the CEO of IndiGo, bringing extensive airline industry experience to the role.
Despite initial success, tensions between Bhatia and Gangwal emerged in 2019, leading to Gangwal's gradual exit from the company.
IndiGo remains a cornerstone of Bhatia's business empire, contributing significantly to his billionaire status.

InterGlobe Enterprises

Rahul Bhatia's privately held InterGlobe Enterprises is a diversified conglomerate with interests in Aviation, Hospitality, Logistics, and more.
InterGlobe partnered with UPS in 2022 to launch Movin, a logistics brand aimed at tapping into India's growing logistics market.
Since its inception in 1989, InterGlobe has grown to employ over 60,000 professionals globally, operating in 130+ cities.
The conglomerate emphasizes values such as Integrity, Customer Orientation, and Future Mindedness in its business operations.
InterGlobe's expansion and vision over three decades have solidified its position as one of India's leading conglomerates.
Bhatia's leadership has been instrumental in driving InterGlobe's growth and diversification across various sectors.

How long would it take you to become as rich as Rahul Bhatia?

If you started with $10,000 and invested an additional $500 each month at a 44.11% CAGR, it would take you 5 years to reach Rahul Bhatia's net worth of $7.52B.

Is this realistic? It depends how closely the VIX-TA-Macro Advanced model performs to its history in the future. Since Grizzly Bulls launched on January 1, 2022, it's returned 52.22% compared to 16.62% for the S&P 500 benchmark.

Enter data in all but one field below, then calculate the missing value

Rahul Bhatia is very wealthy, but what's stopping you from reaching that same level of success? As summarized in our five fundamental rules to wealth building, becoming wealthy in a modern capitalist economy is not complicated. There's actually only three variables:

  1. Your starting capital
  2. Your earnings after expenses
  3. The compound annual growth rate (CAGR) of your savings

Most people start with zero or very little, so if you weren't born into wealth, don't fret! The majority of the fortunate folks listed in our Grizzly Bulls’ Billionaires Index came from middle class or lower backgrounds. The most distinguishing characteristic of the group is their ability to consistently earn a high CAGR on their savings.

Every billionaire has a unique strategy to achieve high CAGR. For Rahul Bhatia, Aviation is the primary source. Whether you choose to invest your savings in your own businesses or the businesses of others is not as important. The salient piece of the puzzle is ensuring that your hard-earned savings are generating sufficient CAGR to reach your long term goals.

Most people simply invest their money in index funds and call it a day. There's nothing wrong with this approach, but it guarantees relative mediocrity. To achieve greatness, you need to invest your money to earn higher than average returns. In the long run, better investors will always finish ahead of better earners.

Source: Grizzly Bulls reporting

Methodology: Grizzly Bulls' Billionaires Index is a daily ranking of the world's billionaires and richest people. Grizzly Bulls strives to provide the most accurate net worth calculations available. We pull data from public equity markets, SEC filings, public real estate records, and other reputable sources.

The index is dynamic and updates daily at the close of U.S. stock market trading based on changes in the markets, economy, and updates to Grizzly Bulls' proprietary algorithm of personal wealth calculation. Stakes in public companies are tracked daily based on the relevant closing prices of the underlying securities. Additionally, stakes in private companies, cash, real estate, and other less easily valued assets are updated periodically through careful analysis of insider transactions, comparable public company sales / EBITDA multiples, etc.

Edited by: Lee Bailey