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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