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Rakesh Gangwal

American businessman

FloridaTechnology

AIProfile Summary

Rakesh Gangwal is an American businessman born in 1953 and based in Florida. He has an estimated net worth of ~$5.9B. Public records show he has made political contributions and has a long history of SEC insider filings under the name “GANGWAL RAKESH.” Wikidata FEC SEC EDGAR

Business & SEC Activity

SEC EDGAR lists Rakesh Gangwal with a personal CIK (0001198875) and 98 insider filings, including recent Form 4 filings in 2024–2025 and a Form 3 in 2024. Form 3 is an initial statement that someone has become an insider at a public company, and Form 4 reports subsequent insider transactions like buys, sells, or grants. His filings are associated with multiple public companies in EDGAR results, including Southwest Airlines (LUV), CarMax (KMX), and Office Depot (ODP). SEC EDGAR

Philanthropy

The Gangwal Foundation (EIN 472218598) reported $284,482 in total assets for tax year 2023, with $0 in grants paid. It reported $15 in total revenue and $16,315 in total expenses that year. Across the foundation records provided, total grants paid were $0. ProPublica 990

Political Activity

FEC records show 7 contributions totaling $17,600 from 1996-11-19 to 2025-11-25. The largest listed recipients include Southwest Airlines Co. Political Action Committee (SWAPAC) ($5,000), Hillary Clinton for President ($4,600), and US Airways Political Action Committee ($4,500). The party breakdown shows $4,600 to Democrats, $1,000 to Republicans, and the remainder categorized as unknown or PAC/other ($12,000 combined). FEC

AI-generated summary from wikidata, fec, propublica_990, sec_edgar 3/10/2026 (gpt-5.2). All claims are derived from the source data shown below.

USU.S. Presence

otherU.S. economic presence

990Philanthropy

$284KFoundation Assets
$16KGrants Paid
1Foundation
Gangwal FoundationS Barrington, IL
Philanthropy, voluntarism & grantmaking (IRS NTEE T50)
Assets: $284KRevenue: $15Grants: $16KTax Year: 2023
Mission, purpose & full 990 filings → ProPublica Nonprofit Explorer
Source: ProPublica (990) annual filing · latest on record (retrieved 3/9/2026) (proPublica_990)

FECPolitical Contributions

$18KTotal Contributed
7Contributions
1996–2025Date Range

By Party

UNK
$6K
PAC/Other
$6K
DEM
$5K
REP
$1K

Top Recipients

SOUTHWEST AIRLINES CO. POLITICAL ACTION COMMITTEE (SWAPAC)$5K
HILLARY CLINTON FOR PRESIDENT$5K
US AIRWAYS POLITICAL ACTION COMMITTEE$5K
US-AIR POLITICAL ACTION COMMITTEE (AKA ALLEGHENY PAC)$2K
SENATOR JOHN WARNER COMMITTEE$1K
Source: FEC contribution filings · latest on record (retrieved 3/9/2026) (fec)

SECSEC Filings

98Total Filings
98Insider Filings
3,228EDGAR Mentions
0001198875Personal CIK

Associated Companies

Entities appearing alongside this person in SEC full-text search — an association, not necessarily ownership or control. Follow each link to the primary SEC record to judge for yourself.

Recent Insider Filings

4FORM 4
5/16/2025
4FORM 4
10/2/2024
4FORM 4
10/2/2024
4FORM 4
10/2/2024
4FORM 4
10/2/2024
4FORM 4
10/2/2024
4FORM 4
10/2/2024
4FORM 4
10/2/2024
4FORM 4
8/1/2024
3FORM 3
7/12/2024
Source: SEC EDGAR regulatory filings · latest on record (retrieved 6/27/2026) (sec_derived)

PBSScore Breakdown

C
30.7
Public Benefit Score

The PBS is a weighted average of 2 components. The formula is open and versioned — the weight percentages below show how much each component contributes to the final score.

Philanthropy65% weight
0%

Evidenced charitable giving — built on what they actually give each year, not parked assets. Dominated by generosity (annual giving relative to net worth — the share of your fortune you give), plus the absolute scale of that giving, plus a small nudge for signing the Giving Pledge (a commitment, not a realized action).

Data: ProPublica 990 charitable disbursements, net worth, The Giving Pledge registry

Transparency35% weight
88%

How much sourced, public accountability data exists — net worth, political contributions, SEC filings, foundation 990s, news coverage, and a verified profile. More public disclosure scores higher.

Data: FEC, SEC EDGAR, ProPublica 990s, GDELT / NewsAPI, Wikidata

Formula (v2): PBS = 65% x Philanthropy + 35% x Transparency

Scored on 6/23/2026 on a 0–100 scale. The score uses only the signals we have populated data for. Goal Impact, Controversy, and Community Approval are deferred until that data exists — Phase 1 goal adoption, controversy detection, and community votes respectively.

All data is sourced from public records. Each section links to its original source. View on Wikidata

Rakesh Gangwal — Public Benefit Score C (31) | Billionaire Army