Sanjiv Goenka, owner of Lucknow Supergiants, has a net worth of $4 billion: Forbes

Sanjiv Goenka is a billionaire business tycoon who has a net worth of $4 billion, according to Forbes.

Updated on: Nov 24, 2024, 16:14:37 IST

By HT News Desk

Prefer HTon Google

Share via

Copy link

The IPL 2025 Mega auction is here and all the 10 teams are ready to lock horns for the players. Sanjv Goenka’s Lucknow Super Giants will be looking to overhaul their squad after last season’s disappointment.

Sanjiv Goenka, chairman of Lucknow Supergiants. (Mint File Photo)

Goenka even let go of the team captain KL Rahul, the visuals of his on field altercation with whom are still fresh in the mind of the fans.

Goenka is a billionaire business tycoon who has a net worth of $4 billion, according to Forbes. His vast wealth comes from a big conglomerate that is headquartered in Kolkata. Apart from that, he also owns several other companies. Here is a look at his company portfolio.

The companies run by the Lucknow Super Giants’ owner Sanjiv Goenka

The biggest asset in Sanjiv Goenka’s arsenal is the RP Sanjiv Goenka Group. According to Forbes, it has revenue of more than $4.5 billion. The group is headquartered in Kolkata and has a presence throughout the country and even beyond.

The flagship company of the group is the Calcutta Electric Supply Corporation, a power utility company established in 1897. The group went through serious restructuring and the utility company was divided into four separate firms. These are Haldia Energy Limited, Dhariwal Infrastructure Limited, Noida Power Company Limited and Integrated Coal Mining Limited.

Also Read: IPL 2025: A total of 1,574 players to go under hammer in mega auction at Jeddah

Apart from all that, Goenka is also the owner of the supermarket chain Spencer's and a snack brand named Too Yumm!. The latter is headed by Goenka’s son Shaswat Goenka.

According to Forbes, Sanjiv Goenka is the 65th richest Indian in 2024. He is also placed 949 on the list of richest billionaires in the world, according to the business magazine.

The IPL Mega Auction 2025 is scheduled for November 24 and 25. It will be held in the Abady Al Johar Arena in Jeddah, Saudi Arabia. Goenka and the Super Giants will have ₹69 crore to get the players that they want. The team also has one Right To Match card left.

ABOUT THE AUTHOR
HT News Desk
Follow the latest breaking news, major developments and agenda-setting stories from India and around the world with the newsdesk at Hindustan Times. Operating round the clock, the desk brings together experienced editors, reporters and correspondents to deliver fast, accurate and contextual reporting across subjects that influence public policy, governance, business, society and international affairs. The HT News Desk covers politics, elections, government policies, the economy, business and markets, science and technology, the environment, law and order, infrastructure, education, climate issues and geopolitics, while closely tracking developments across states, institutions and global capitals. The team also leads coverage of major breaking news events, policy announcements, court proceedings, natural disasters, public emergencies and significant international developments. Reports published by the newsdesk are based on information gathered from reporters on the ground, official statements, government agencies, court records, regulatory filings, recognised institutions and other authoritative sources. Stories undergo editorial scrutiny and verification processes to ensure accuracy, fairness and relevance, and are updated as events evolve and additional information becomes available. Whether covering a key political decision in New Delhi, an economic policy shift affecting millions, a landmark court ruling or a major global event, the HT News Desk aims to provide readers with reliable, fact-based journalism that delivers not only the latest developments but also the context and analysis needed to understand their wider implications.Read More

Stay updated with the latest Business News, stock market updates, petrol and diesel prices, gold and silver rates, income tax updates and major developments from India and across the world.