Who Is Rahul Bhatia, Man Who Made Headlines By Earning Rs 8,583 Crore In Just 2 Months?

New Delhi: Since GoFirst ceased operations, competing airlines have seen an increase in customer traffic. Like other companies, Indigo has also benefited from this and the demand for tickets has increased. Because of this, the stock of Indigo has risen in the stock market during the last two months. Rahul Bhatia, creator of InterGlobe Aviation and supporter of IndiGo, has seen a rise of Rs 8,583 crore in just sixty days.pla

Rahul Bhatia’s net worth

Rahul Bhatia’s net worth has increased from $4.28 billion to $5.32 billion in two months.

Rahul Bhatia’s rank according to Bloomberg Billionaires Index

Rahul Bhatia is ranked as the 22nd richest person in India by the Bloomberg Billionaires Index.

share price

Share prices of InterGlobe Aviation have increased by 32 per cent. The share price in March was Rs 1912; At present it is Rs 2418.50.

Rahul Bhatia and his family’s stake in InterGlobe Aviation

Rahul Bhatia and his family hold 38 per cent stake in InterGlobe Aviation.

Rahul Bhatia’s Education

Group Managing Director, Rahul Bhatia studied Electrical Engineering at the University of Waterloo in Ontario, Canada.

About Indigo and its journey

Rakesh Gangwal co-founded Indigo in 2006, and it currently has 55 per cent market share in the domestic market. According to Forbes, Indigo has 101 locations and 300 planes.

Indigo’s parent firm joined hands with logistics giant UPS to form Movin in 2022. The company also owns InterGlobe Hotels, which manages 19 hotels domestically and 14 internationally.