How did he turn from a pauper to a billionaire?

naresh goyal net worth: how he became a billionaire from a pauper!

Naresh goyal: Jet Airways founder Naresh Goyal has suddenly come into discussion in newspapers, media and social media.

Naresh Goyal has been accused of bank fraud of ₹500 crore and has also been arrested in this case. He was interrogated for seven hours at the ED’s Mumbai office before he was arrested. On September 2, he was produced before the PMLA special court.

Naresh Goyal Net Worth

His net worth is $1.9 billion. Currently, his net worth is $600 million. According to media reports, Naresh Goyal has properties and beautiful houses in many other countries besides India.

Naresh Goyal CBI searched at seven places

The Central Bureau of Investigation (CBI) had registered an FIR in the alleged loan fraud case related to Canara Bank. Therefore this investigation is being done. After the FIR was registered, on May 5, the CBI conducted searches at seven places in Mumbai, including Goyal’s house and office. The process of making Naresh Goyal a fakir was also investigated in Delhi. This complaint was made by P Santosh, Senior General Manager of Canara Bank. In the complaint, he had also mentioned the names of Gaurang, Anand Shetty, Naresh Goyal’s wife Anita Goyal and an unknown public servant.

CGM Santosh said that due to their fraud the bank suffered a loss of ₹538 crore ₹62 lakh. According to a report in the English newspaper Indian Express, Jet Airways Limited has a transaction with Canara Bank since 2005. This transaction took place under a consortium led by State Bank of India. According to the bank’s complaint, Goyal’s companies stopped paying installments of the loans taken under the consortium. In such a situation, the bank called a forensic auditor to investigate all the transactions and documents between April 1, 2011 and June 19, 2019.

Naresh Goyal Business

Naresh Goyal got a salary of Rs 300. At that time this work continued for some time. Then after graduation in commerce, Naresh Goyal worked with GSF in the travel business in international airlines. From 1967 to 1974, Naresh Goyal worked with various foreign airlines. During this time, he learned a lot about the travel business. Also made many foreign trips during business.

In 1969, Iraqi Airways appointed Naresh Goyal as its Public Relations Manager. The monarch served as regional manager of SIA Royal Georgian Airlines from 1971 to 1974. Then Naresh Goyal also worked in the Indian office of Middle East Airlines. Here, he understood many important aspects of the travel business, including ticketing, reservations and sales.

Naresh Goyal Foundation of Jet Agency

974 and Naresh Goyal established a travel agency named Jet with about Rs 15,000 from his mother. The Jet Air agency included Air France, Australian Airlines and Cathay Pacific. The business took off and Naresh Goyal slowly started moving forward in the travel business.

Then the decade changed and the year changed. From then till today this process has gone on for a long time, and today Naresh Goyal has been accused of a big scam, due to which he is falling from the throne to the floor.