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Naresh Goyal Age, Wife, Children, Family, Biography

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Hometown: Sangrur, Punjab
Wife: Anita Goyal
Age: 75 Years

Naresh Goyal

Bio/Wiki
ProfessionBusinessman
Famous ForBeing the Founder and Chairman of Jet Airways
Physical Stats & More
Height (approx.)5' 7" (170 cm)
Eye ColourBlack
Hair ColourGrey
Personal Life
Date of Birth29 July 1949 (Friday)
Age (as of 2024)75 Years
BirthplaceSangrur, Punjab, India
Zodiac signLeo
Nationality Indian
HometownSangrur, Punjab, India
SchoolGovernment Raj High School
College/UniversityGovernment Bikram College of Commerce, Patiala
Educational QualificationBachelors of Commerce
ReligionHinduism
Awards, Honours, Achievements • Hall of Fame honour from Hotel Investment Forum of India: 2011
• Lifetime Achievement Award of the Year by the Travel Agents Association of India: 2010
• India Business Leader Awards by CNBC TV18: 2009
• Man of the Year Award by the Aviation Press Club: 2008
• NDTV Profit Business Award: 2006
• Entrepreneur of the Year Award for Services from Ernst & Young: 2000
• Belgium conferred the Commandeur of the Order of Leopold II (one of the country's highest civilian distinctions): 2011
Controversies• In 2000, according to the Indian Intelligence Agencies, Naresh Goyal-led Jet Airways was funded by the don Dawood Ibrahim. Though this was discarded and the government gave him security clearance.

Money Laundering case
In March 2020, the Enforcement Directorate detained him under the Foreign Exchange Management Act (FEMA) for suspicious transactions involving 19 privately held firms (14 registered in India and 5 abroad) associated with Goyal. [1]The Times of India

• Later, CBI registered an FIR against him, his wife, and others in an alleged bank fraud of Rs. 538 crore on 14 July 2023. The ED conducted raids on Naresh Goyal and his associates in Delhi and Mumbai on 19 July 2023. [2]Hindustan Times

• The ED's investigation revealed that Naresh and his family members had allegedly misappropriated public funds that were originally obtained as business loans from Canara Bank. These funds were diverted for various purposes, including the acquisition of four flats in Mumbai.

• On 19 July 2023, the ED conducted raids on Naresh Goyal and his associates in Delhi and Mumbai. Following the investigation, Naresh was later found guilty in the case, and on 1 September 2023, the Enforcement Directorate arrested him. [3]NDTV

• On 14 September 2023, the court sent him to a 14-day judicial custody. [4]The Hindu

• The Enforcement Directorate seized properties worth Rs. 538 crore belonging to Naresh and his family members on 1 November 2023. These seized properties included residential flats, bungalows, and commercial premises situated in London, Dubai, and various cities across India. [5]The Times of India

• On 6 May 2024, the Bombay high court granted him interim bail for 2 months on medical grounds. [6]Hindustan Times
Girls, Affairs and More
Marital StatusMarried
Marriage DateYear, 1988
Family
Wife/SpouseAnita Goyal (Marketing Analyst) (died of Cancer on 16 May 2024)
Naresh Goyal with his wife Anita Goyal
ChildrenSon- Nivaan Goyal
Daughter- Namrata Goyal
ParentsFather- Name Not Known (Jewellery Dealer)
Mother- Name Not Known
Naresh Goyal's mother
SiblingsBrother- Surinder Kumar Goyal
Sister- None
Money Factor
Net Worth (approx.)₹3,000 Crore ($500 Million) (As Per 2017)

Naresh Goyal

Some Lesser Known Facts About Naresh Goyal

  • Does Naresh Goyal drink alcohol?: Yes
  • He was very young when his father passed away.
  • He was 11 years old when his family went into financial turmoil and had to auction their house. He then lived with his mother’s uncle.
  • He began his career as a cashier in 1967 in his maternal uncle’s travel agency.

    Naresh Goyal in his youth

    Naresh Goyal in his youth

  • His first salary was ₹300 per month.

    Young Naresh Goyal

    Young Naresh Goyal

  • After his graduation, he joined the travel business with the GSA for Lebanese International Airlines.
  • In 1969, Naresh was appointed as the Public Relation Manager of Iraqi Airways.

    Naresh Goyal

    Naresh Goyal

  • From 1971 to 1974, he served as the Regional General Manager for ALIA, Royal Jordanian Airlines.

    Naresh Kumar as the Regional General Manager of the Royal Jordanian Airlines

    Naresh Kumar as the Regional General Manager of the Royal Jordanian Airlines

  • In 1974, he set up his own agency Jetair, representing big names, such as Air France, Austrian Airlines and Cathay Pacific. His mother sold her own jewellery to give him money to start the business.
  • In 1975, he was made the regional manager of Philippine Airlines in India.
  • In 1979, he met Anita, who joined her company as a marketing analyst. He married her nine years later in 1988.

    Naresh Goyal with his wife

    Naresh Goyal with his wife

  • Goyal founded Jet Airways (air services on domestic sectors in India), which commenced its commercial operations on 5 May 1993.

    Jet Airways Aircraft

    Jet Airways Aircraft

  • He was appointed on the Board of the International Air Transport Association (IATA) from 2004–2006 and then re-elected in 2008, serving till 2016.
  • On 17 July 2018, Goyal signed an $8.8 billion deal to buy 75 airplanes from Boeing.
  • He is the founder of an airline but doesn’t know how to drive a car nor does he know how to swim as well.