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GREEN RANKING FOR 2009
Ranking: 50
Worth: £620m
Green investment: Wind power
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.
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