Sanjiv Goenka Net Worth

Sanjiv Goenka has an estimated net worth of $3.6 billion, according to Forbes Real-Time Billionaires, Sanjiv Goenka profile (figures as of October 20, 2026). That is up from $1.6 billion in 2019.

Sanjiv Goenka is an Indian businessman who leads the RP-Sanjiv Goenka Group in Kolkata. The group spans several businesses, and its best-known company is CESC, a 127-year-old power utility. He is also known in sports through the IPL team Lucknow Super Giants and the ISL club Mohun Bagan. Beyond operating companies, he has held board roles at IIT Kharagpur, International Management Institute, and Firstsource, which adds to his standing in Indian business circles.

His wealth comes from control of a diversified conglomerate with $4.9 billion in revenue, according to Forbes profile notes. A key part of that story is CESC, which he reworked into separate companies. The group also includes Spencer's and the snacks brand Too Yumm!, with son Shashwat looking after that brand. In sports, he expanded further by owning Lucknow Super Giants and later buying 70% of U.K. cricket team Manchester Originals in 2025.

How Sanjiv Goenka built his wealth

Goenka's fortune is tied to a broad mix of assets inside the RP-Sanjiv Goenka Group. Forbes says he controls a conglomerate with $4.9 billion in revenue, based in Kolkata. Its flagship business is CESC, a 127-year-old power utility. He reshaped that company into separate businesses, which shows how much of his career has centered on managing and reorganizing large operating assets instead of relying on only one company or one brand.

His holdings reach beyond power. Forbes notes that the group also owns supermarket chain Spencer's and snacks brand Too Yumm!. Sports is another visible part of his portfolio. He has the franchise for IPL team Lucknow Super Giants, and the Wikipedia facts also list ISL club Mohun Bagan among his teams. In 2025, Forbes says he added a 70% stake in U.K. cricket team Manchester Originals, widening his reach in sports ownership and adding another business line to his portfolio.

Forbes net worth update

Forbes has tracked several moves in Goenka's estimated fortune over time. It placed him at $1.6 billion in 2019, then $1.4 billion in 2020. The estimate rose to $1.9 billion in 2021 and $2.5 billion in 2022, before moving to $2.1 billion in 2023. Those changes fit the profile of a diversified owner whose wealth is linked to a mix of operating companies and other assets rather than one simple source of value.

The estimate climbed again to $3.4 billion in 2024 and $3.7 billion in 2025, then eased to $3.5 billion on the 2026 Forbes World's Billionaires List. As of October 20, 2026, Forbes' real-time tracker put him at $3.6 billion. Forbes also points to other parts of his asset base, including a private property portfolio with a bungalow in Delhi's Lutyens zone, alongside his business holdings and sports investments.