Jaiprakash Gaur Biography, History, Japypee Group, Wiki, Family Tree, Forbes Billionaire and Net Worth
Jaiprakash Gaur is the Indian Business Tycoon and India’s Top 50 richest person. In 2010, Forbes has estimated his Net Worth of US $ 1.4 Billion making him one of the most richest person in India.
Mr. Gaur, an alumnus of IIT, has been associated with the construction industry for over five decades. Leaving a secure government job, he started his own venture with an initial capital of INR 10,000 in 1958. Two decades later, he laid the foundation for the Jaypee Group by setting up Jaiprakash Associates Ltd, a civil engineering and construction company. Mr. Gaur has led the Jaypee Group for over 27 years and has established the group as a diversified infrastructure conglomerate, which deals in cement, engineering design and consultancy, power generation, hospitality, real estate, IT and expressway development. Today, the group is the fourth-largest cement producer in India.
He is the chairman of the Jaypee group which he founded in 1972.
Patriarch of Jaypee group, a construction and power conglomerate. Now building an expressway from Delhi to Agra, site of the famous Taj Mahal. Other businesses include hotels, golf courses, cement.
He is married and have 5 Children.
He is graduated from University of Roorkee India as a Civil ngineer and worked as a government employee and currently residing at Delhi, India.
He believes that water is liquid gold: group is leading hydropower producer; built 13 projects in India, one in Bhutan. Other interests in construction, engineering, cement, hotels. In smooth succession, son Manoj appointed executive chairman of flagship Jaiprakash Associates in December.
With his keen business acumen, Mr. Gaur has transformed the group into the largest private sector hydropower producer in India with an installed capacity of 700 MW.