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The Big Steal: How Steel Tycoon Sanjeev Gupta Fooled Australia and the World
Paperback
Business BiographiesGeneral Political Science
Publisher Price: $24.99
PREORDER - Expected ship date November 17, 2026
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ISBN10: 1761473514
ISBN13: 9781761473517
Publisher: Allen & Unwin
Published: Nov 17 2026
Pages: 368
Language: English
ISBN13: 9781761473517
Publisher: Allen & Unwin
Published: Nov 17 2026
Pages: 368
Language: English
Entrepreneur Sanjeev Gupta was going to rescue the Australian, UK, European and US steel industries--and save the planet with green steel. He did none of these things, but he did get very rich. This is the extraordinary story, told for the first time.
Sanjeev Gupta is a fast-talking billionaire with all the trappings of success. He boasts world-class charm, a huge appetite for risk, and a remarkable ability to inspire belief. The media christens him the 'Saviour of Steel'. When he jets into Whyalla in South Australia to buy its bankrupt steelworks in 2017, Gupta is given a royal reception. He promises to invest billions of dollars in a mega green steel plant that will help save the planet. Now, his promises are unfulfilled, and his global empire is collapsing. Corporate cops from several countries are chasing him for suspected fraud, fraudulent trading and money laundering. They are focusing on his dealings with a British shadow bank run by a former Bundaberg sugar cane farmer, Lex Greensill, who hired Britain's ex-PM David Cameron as a consultant and lent a whopping US$5 billion to the Gupta Family Group. This is the incredible story of the meteoric rise and fall of an entrepreneur which will leave you asking: how on earth do people like Gupta get away with it?
Sanjeev Gupta is a fast-talking billionaire with all the trappings of success. He boasts world-class charm, a huge appetite for risk, and a remarkable ability to inspire belief. The media christens him the 'Saviour of Steel'. When he jets into Whyalla in South Australia to buy its bankrupt steelworks in 2017, Gupta is given a royal reception. He promises to invest billions of dollars in a mega green steel plant that will help save the planet. Now, his promises are unfulfilled, and his global empire is collapsing. Corporate cops from several countries are chasing him for suspected fraud, fraudulent trading and money laundering. They are focusing on his dealings with a British shadow bank run by a former Bundaberg sugar cane farmer, Lex Greensill, who hired Britain's ex-PM David Cameron as a consultant and lent a whopping US$5 billion to the Gupta Family Group. This is the incredible story of the meteoric rise and fall of an entrepreneur which will leave you asking: how on earth do people like Gupta get away with it?
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