A lighting device configured to efficiently combine light beams emitted from a plurality of light sources, and to emit high output light while minimizing light loss, and a projection type display apparatus including the lighting device. The lighting device includes: a first light source and a second light source; two converging lenses for converging light beams emitted from the first and second light sources; two right-angle prisms for bending the light beams emitted from the first and second light sources; and a composite rod integrator for combining the light beams emitted from the first and second light sources. Between an exit surface of each right-angle prism and an incident surface of the composite rod integrator, a predetermined air gap is provided. The focal point of each converging lens is located on an incident surface of each right-angle prism.