Jaiprakash Gaur is an Indian entrepreneur and businessman who was born in Uttar Pradesh. Gaur is the founder and chairman of Jaiprakash Associates and Jaypee Group companies. Gaur has been associated with the construction industry for more than five decades.
Background
Jaiprakash Gaur is a self made Billionaire.Resigned from government job to start a construction company in 1972,Now his estimated wealth is US$1.5 billion. In 2010, he was ranked by Forbes magazine as the 48th-richest person in India.He is the founder chairman of Jaiprakash Associates and Jaypee Group of companies. He was born on January 1, 1931 in Uttar Pradesh.He graduated from University of Roorkee (now Indian Institute of Technology Roorkee) India as a Civil engineer in 1950.
Career
After his graduation,he joined state government's irrigation department as a junior engineer.In 1958,with an initial capital of INR 10,000,he started his own venture as a civil contractor and two decades later, laid the foundation for the Jaypee Group by setting up Jaiprakash Associates, a civil engineering and construction company.He 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 third -largest cement producer in India.