Sanjiv Goenka Net Worth 2025: Business Tycoon, IPL Boss & Billion-Dollar Visionary

Sanjiv Goenka is more than just a familiar face in cricket stadiums—he’s a powerhouse in India’s business landscape. Best known in recent years as the owner of the IPL franchise Lucknow Super Giants (LSG), Goenka is the chairman of the RPSG Group, a sprawling conglomerate with interests in energy, retail, FMCG, media, infrastructure, and of course, sports.

As of 2025, Sanjiv Goenka’s net worth is estimated at $4 billion (₹34,000 crore), placing him among the top echelons of Indian billionaires. With a legacy rooted in entrepreneurship and a modern flair for bold business decisions—like his ₹7,090 crore bid for an IPL team—Goenka continues to command attention in boardrooms and on the cricket field.

Early Life & Education

Sanjiv Goenka was born on January 29, 1961, in Kolkata, into the illustrious Goenka business family. His father, Rama Prasad Goenka, was a legendary industrialist and the founder of the original RPG Group. Sanjiv inherited not just wealth but the entrepreneurial spirit that helped expand the family empire.

He graduated with a Bachelor of Commerce degree from St. Xavier’s College, Kolkata, in 1981. Over the years, he has also served on prestigious boards, including IIT Kharagpur, a nod to his commitment to education and leadership.

RPSG Group: The Core of His Billion-Dollar Fortune

RPSG Group (Rama Prasad Sanjiv Goenka Group), led by Sanjiv since its formation in 2011, operates across multiple sectors and employs over 50,000 people. The group’s portfolio includes:

Power & Energy: CESC Ltd (Calcutta Electric Supply Corporation), one of India’s oldest power utilities
Retail: Spencer’s Retail, Nature’s Basket
FMCG: Too Yumm! snacks, Evita personal care
IT & Education: Saregama (music), Firstsource (BPO), Harrisons Malayalam (plantations)
Media: Open Magazine and Fortune India
Sports: Lucknow Super Giants, ATK Mohun Bagan (ISL football club)
Infrastructure: Roads, smart cities, and urban utilities

This diversified empire is the foundation of Goenka’s $4 billion fortune.

The IPL Move That Shook the Sports World

Goenka made headlines in October 2021 when he bid an eye-watering ₹7,090 crore to acquire the Lucknow IPL franchise, beating out rival Gautam Adani’s ₹5,100 crore offer. The bid made LSG one of the most expensive franchises in IPL history, and was nearly 9x higher than what Mukesh Ambani paid for the Mumbai Indians back in 2008.

Under Goenka’s leadership, Lucknow Super Giants quickly became one of the most competitive teams in the IPL. From appointing top-tier captains like KL Rahul to bidding ₹27 crore for Rishabh Pant in 2025, Goenka has not shied away from making bold, high-stakes investments to push his team to the top.

Recent Controversies: LSG & On-Field Conversations

Goenka’s passion for the game occasionally spills into the spotlight. In March 2025, following LSG’s narrow loss to Delhi Capitals, he was seen having an intense conversation with captain Rishabh Pant—a scene that drew comparisons to his viral post-match chat with KL Rahul in 2024.

While some fans questioned whether such discussions should happen publicly, others defended Goenka’s hands-on approach, seeing it as evidence of his emotional investment in the team’s success.

Family & Personal Life

Sanjiv Goenka is married to Preeti Goenka, a qualified interior designer, and they have two children—Shashwat and Avarna—both of whom are gradually stepping into leadership roles within the RPSG Group.

His son, Shashwat Goenka, is already a key executive in the group’s retail and FMCG businesses and is seen as the future face of the company.

Lavish Lifestyle: Homes in Delhi & Kolkata

Goenka maintains an elegant, low-profile personal life but lives in two opulent residences:

A luxurious bungalow in Lutyens’ Delhi, one of the most elite neighborhoods in the country
A heritage mansion in Alipore, Kolkata, built by his great-grandfather Sir Badridas Goenka, nestled on a sprawling one-acre plot

These properties reflect the legacy and stature of one of India’s most enduring business families.

Philanthropy & Legacy

Goenka is also a philanthropist, supporting education, sports, and social upliftment. Through the RPSG Foundation, his group is involved in multiple CSR initiatives, particularly in rural electrification, education access, and health programs.

His growing involvement in sports development—from football to cricket—is also seen as part of a broader effort to promote youth engagement and national pride.

Summary

As of 2025, Sanjiv Goenka’s net worth stands at an estimated $4 billion (₹34,000 crore). From helming the RPSG Group to owning one of the IPL’s most valuable franchises, Goenka has emerged as a business titan who seamlessly blends legacy with ambition. Whether it’s powering homes through CESC or electrifying stadiums with LSG, Sanjiv Goenka continues to lead with strategy, intensity, and an eye firmly on the future.

Hot topics

Finance

Marketing

Politics

Strategy