Meet a small town man who became a business tycoon, owns three of India’s largest airports, his net worth is Rs…, name is…

. According to Forbes Real-Time Net Worth, GM Rao's total wealth stands at USD 2.9 billion (approximately Rs 25,060 crore), making him one of India’s richest individuals.

New Delhi: GM Rao, who is the founder of GMR Group, is often referred to as the “Airport Tycoon” as he commends the three largest airports in India. The GMR Group, which boasts a revenue of Rs 83.64 billion, has different companies under its umbrella, namely GMR Infrastructure, GMR Energy, GMR Airports, and GMR Enterprises. GMR Group is one of India’s leading airport developers, with projects spanning across countries like Greece and the Philippines.

GM Rao hails from a small town in Andhra Pradesh built an expansive business empire. According to Forbes Real-Time Net Worth, his total wealth stands at USD 2.9 billion (approximately Rs 25,060 crore), making him one of India’s richest individuals.

The GMR Group is the world’s second-largest private airport operator. It also plays a significant role in India’s energy sector. The group has leveraged the public-private partnership model to lead cutting-edge projects in key sectors such as energy, transportation, airports, and urban infrastructure.

All You Need To Know About GM Rao:

• 74-year-old G.M. Rao hails from a small town in Andhra Pradesh. His journey in the business world began in 1978 with a jute mill.
• His entrepreneurial skills and leadership abilities inspired him to expand his ventures into multiple sectors.
• G.M. Rao has established 28 different businesses, ranging from urban infrastructure development to airport construction and management.
• GM Rao is one of the wealthiest industrialists in Bengaluru and across the country.
• He has also been featured in Forbes’ list of the 100 richest Indians.
• Known as the ‘Airport Tycoon,’ Rao holds a 50% stake in the IPL cricket team Delhi Capitals.
• In January 2024, the group, in partnership with European aircraft manufacturer Airbus, inaugurated the GMR School of Aviation in Hyderabad.

Airports That GMR Group Operates:

The GMR Group operates several airports in India, including the Indira Gandhi International Airport in Delhi, the Manohar International Airport in Goa, the Rajiv Gandhi International Airport in Hyderabad, and the Dr. Babasaheb Ambedkar International Airport in Nagpur (in collaboration with MIHAN India Private Limited).