Jaiprakash Gaur

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India's 34th richest billionaire

One of India’s leading tycoons, Jaiprakash Gaur founded the Jaypee Group in 1958 after taking a degree in civil engineering and working for an Indian state government. The company has interests in hydropower, cement production, hospitality, construction, real estate and IT education systems. It is also diversifying into wind and thermal power generation, airports, and oil and natural gas exploration. Jaypee is also building India’s first

Formula One facility for the 2010 Grand Prix in New Delhi. It is also the largest private sector employer of former Indian soldiers. Forbes valued Gaur at £1.9 billion in early 2008, but his fortune had collapsed in value to just £620m by the end of the year, according to Forbes’ later list of the 40 richest Indians.

Jaiprakash Gaur is Founder of Jaiprakash Associates Ltd. and Jaypee Group. Shri. Gaur has been associated with the construction industry for over 51 years and is responsible for the growth of the Jaypee Group of Companies. He serves as Founder Chairman of Jaiprakash Hydropower Limited. He has been the Founder Chairman of Jaiprakash Power Ventures Ltd. since December 2007. He served as Founder Chairman of Jaiprakash Associates Ltd. and its Group such as Jaiprakash Hydro-Power Limited, Jaypee Greens Limited, Jaiprakash Enterprises Ltd., Jaypee Hotels Ltd., Jaypee Karcham Hydro Corporation Ltd. and Jaypee Cement Limited. He has been Non-Independent Director of Jaiprakash Power Ventures Limited since December 14, 2007. He serves as a Director on the Boards of Manumanik Estates Pvt. Ltd., Sunvin Estates Pvt. Ltd., Samsun Estates Pvt. Ltd. and Ceekay Estates Pvt. Ltd. He has been Director of Jaiprakash Associates Limited since December 2007. He has been Director of Jaiprakash Hydropower Limited since October 29, 2007. He serves as Director of Jaypee Infratech Limited, Jaypee Ventures Private Limited, Sams Private Limited and Dhara Infra Developesun Estaters Private. Previously, he served as Director of Jaiprakash Associates Ltd. until December 27, 2006. Previously, Shri. Gaur served as Director of Jaiprakash Hydropower Limited since March 1, 2007. He served as Additional Director of Jaypee Hotels Limited from January 2008 to January 17, 2009. Shri. Gaur holds a Diploma in Civil Engineering from University of Roorkee (now Indian Institute of Technology, Roorkee).

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