Portrait of G. M. Rao

Rank #1225

G. M. Rao

Net worth $3.5B

Infrastructure · India

Born
Jul 01, 1950
Age
75
Source
Infrastructure
Residence
Bangalore
Citizenship
India
Marital status
Married
Children
3
Education
Bachelor of Arts/Science, Andhra University

Net worth over time

Biography

  • Airports tycoon G.M.Rao controls India-listed airports operator GMR Airports (formerly known as GMR Airports Infrastructure.)
  • The company operates airports at Hyderabad and Delhi as well as the Kualanamu International Airport in Indonesia. It also provides services to the Mactan-Cebu International Airport in the Philippines.
  • In 2022, he hived off the non-airports business into GMR Power and Urban Infra.
  • Rao has a 50% stake in Indian Premier League cricket team Delhi Capitals.
  • The GMR Group opened the GMR School of Aviation in Hyderabad in partnership with European aircraft maker Airbus in 2024.
  • Former jute trader, Rao split from family and moved into banking, later infrastructure.

Financial assets

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