02 September 2008

GV Krishna Reddy - Fobs - The World's Indian Billionaires

#785 GV Krishna Reddy

Age: 71

Fortune: self made

Source: energy

Net Worth: $1.5 bil

Country Of Citizenship: India

Residence: Hyderabad , India.

Industry: Energy

Marital Status: married,

Education: Osmania University, Bachelor of Arts / Science

Farmer's son, got first break in uncle's construction business in Hyderabad. First project was to build a dam. Then started own construction venture. Left India to set up a factory to manufacture laminated particle boards in the U.S. Returned in 1992, attracted by opportunities to help build India's infrastructure. Moved into power, building India's first power plant in the private sector. Made news in 2006 by winning bid to modernize Mumbai airport, a project headed by son Sanjay. Also has interests in hotels in partnership with the Taj chain. Wife, Indira, and daughter Shalini oversee hotel venture. Tennis fanatic, Reddy plays every morning; sponsors Sania Mirza, one of Asia's top-ranked tennis player.

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