From owning the IPL franchise Lucknow Super Giants (LSG) to leading a diversified business empire across power, retail, FMCG, media, infrastructure, and sports, Sanjiv Goenka has established himself as one of India’s most influential industrialists.
He is the Founder and Chairman of the RPSG Group, one of India’s leading conglomerates with interests in multiple sectors. Apart from business, Sanjiv Goenka is widely recognized for expanding his presence in the sports industry through IPL and football franchise ownership.
As per recent Forbes real-time estimates, Sanjiv Goenka’s net worth in 2026 is around ₹29,000 crore ($3.5 billion). His wealth primarily comes from his holdings in the RPSG Group and related business ventures.
Who is Sanjiv Goenka?
Sanjiv Goenka is an Indian billionaire businessman and the Founder & Chairman of the RPSG Group, headquartered in Kolkata. He is widely known as the owner of the IPL franchise Lucknow Super Giants (LSG).
Apart from cricket, he also has interests in football and international sports ventures. The RPSG Group operates across sectors including:
Power and energy
Retail and FMCG
Media and entertainment
IT and BPO services
Infrastructure
Sports franchises
Over the years, Sanjiv Goenka has built a strong reputation in India’s corporate and sports ecosystem.
Sanjiv Goenka Net Worth 2026
As of May 2026, Forbes estimates indicate that Sanjiv Goenka’s net worth is approximately ₹29,000 crore ($3.5 billion).
Born into one of India’s prominent business families, he is the son of legendary industrialist Rama Prasad Goenka and Sushila Devi Goenka. His brother, Harsh Goenka, is the Chairman of RPG Enterprises.
Sanjiv Goenka is married to Preeti Goenka, who is known for her work in interior design and philanthropy. The couple has two children:
Avarna Jain – Vice Chairperson of Saregama India Ltd. and Chairperson of RPSG Lifestyle Media
Both are actively involved in the group’s businesses and leadership operations.
Sanjiv Goenka Business Empire
After the division of the RPG business empire, Sanjiv Goenka founded the RPSG Group in 2011. Since then, the group has expanded into several sectors.
Some of the major companies and brands under the RPSG Group include:
CESC Ltd
CESC (Calcutta Electric Supply Corporation) is one of the group’s flagship power companies supplying electricity in Kolkata and nearby regions.
Spencer’s Retail
A well-known retail chain operating supermarkets and hypermarkets across India.
Nature’s Basket
A premium grocery and gourmet food retail brand.
Too Yumm!
A popular FMCG snack brand known for healthy snack alternatives.
PCBL Limited
Formerly known as Phillips Carbon Black Limited, the company is a leading manufacturer of carbon black products used in tyres and industrial applications.
Firstsource Solutions
A global business process management and IT-enabled services company.
Saregama India
One of India’s oldest and most recognized music and entertainment companies. Under RPSG leadership, Saregama launched the highly successful “Carvaan” music player.
Lucknow Super Giants (LSG) Ownership
The RPSG Group acquired the Lucknow IPL franchise in 2021 for approximately ₹7,090 crore, making it one of the most expensive franchise acquisitions in IPL history.
Stake in The Hundred franchise Manchester Originals, which is reportedly expected to be rebranded in the future
This expansion reflects the RPSG Group’s growing focus on the global sports business industry.
Key Leadership Roles
Beyond business, Sanjiv Goenka has held several important leadership positions across industry and academic institutions.
Over the years, he has served as:
Youngest-ever President of the Confederation of Indian Industry (CII) during 2001–02
President of the All India Management Association (AIMA)
Former Member of the Prime Minister’s Council on Trade & Industry
Chairman of the Board of Governors at IIT Kharagpur
Chairman of the Board of Governors of the International Management Institute (IMI)
These roles highlight his influence in India’s corporate and policy ecosystem.
Sanjiv Goenka Career Timeline
Year
Milestone
1981
Joined RPG Enterprises
2001
Became President of CII
2010
Took charge of major RPG businesses after family division
2011
Founded the RPSG Group
2015
Received the Banga Bibhushan Award
2016
Saregama launched Carvaan
2021
Acquired Lucknow Super Giants
2025
Expanded global sports investments through The Hundred franchise stake
Recent Highlights
According to recent media reports, the RPSG Group is exploring opportunities to dilute a small minority stake in Lucknow Super Giants amid rising investor interest in IPL franchises.
Growing franchise valuations and increasing global interest in IPL teams have made sports investments a major business opportunity for large conglomerates.
Summary
Sanjiv Goenka has transformed the RPSG Group into one of India’s leading diversified business conglomerates with operations across power, retail, FMCG, media, infrastructure, IT services, and sports.
Along with building a strong corporate presence, he has also established himself as a major figure in the Indian sports industry through Lucknow Super Giants and other sports investments.
With expanding business interests and growing sports franchise valuations, Sanjiv Goenka continues to remain one of India’s most prominent business leaders.
Frequently Asked Questions (FAQs)
Is Sanjiv Goenka a billionaire?
Yes, Sanjiv Goenka is a billionaire businessman. According to Forbes, his estimated net worth in 2026 is around ₹29,000 crore ($3.5 billion).
Who is the owner of Lucknow Super Giants (LSG)?
Lucknow Super Giants is owned by the RPSG Group led by Sanjiv Goenka.
What is Sanjiv Goenka’s net worth in rupees?
As of 2026, Sanjiv Goenka’s estimated net worth is around ₹29,000 crore.
What businesses does Sanjiv Goenka own?
Sanjiv Goenka leads the RPSG Group, which operates across power, retail, FMCG, IT services, media, infrastructure, and sports businesses.
Who is Shashwat Goenka?
Shashwat Goenka is the son of Sanjiv Goenka and currently serves as the Vice Chairman of the RPSG Group.
Who are Sanjiv Goenka’s children?
Sanjiv Goenka has two children:
Shashwat Goenka
Avarna Jain
Both hold leadership positions within the RPSG Group companies.
Sources
The following publicly available sources were referred to while creating this blog:
Forbes – Sanjiv Goenka Billionaire Profile
RPSG Group Official Website
Wikipedia – Sanjiv Goenka
Times of India
Goodreturns
Zee News
Publicly available media reports and industry coverage
Disclaimer: This blog is based on publicly available data, media reports, Forbes estimates, and industry sources. Net worth figures and business valuations may change depending on market conditions and updated financial disclosures.
Author: Komal Bhatt
Komal Bhatt is a finance content writer at InvestKraft, specialising in well-researched articles on financial products, stock markets, and investment opportunities, with a particular focus on unlisted shares.
She holds a Master’s degree in Commerce from the University of Delhi, which gives her a solid academic foundation in finance and business. With over three years of hands-on experience in creating digital finance content, Komal has developed a clear understanding of investor needs through her work on wealth management, NISM certification programs, and market education materials.
Komal is passionate when it comes to breaking down complex financial concepts into simple, accurate and actionable insights. Her goal is to help everyday investors understand markets better and make more informed decisions based on reliable, research-backed information.
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