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Magadh Today - Beyond Headlines > Latest News > India > India’s richest woman’s net worth rose more than Mukesh Ambani, Gautam Adani
India

India’s richest woman’s net worth rose more than Mukesh Ambani, Gautam Adani

Gulshan Kumar
Last updated: 2023/12/19 at 4:17 PM
By Gulshan Kumar 2 years ago
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In a remarkable financial ascent, Savitri Jindal, India’s wealthiest woman and fifth-richest individual, has witnessed an unparalleled surge in her net worth over the past year. The Economic Times, citing the Bloomberg Billionaires Index, reports that Jindal’s fortune soared by $9.6 billion, bringing her total wealth to approximately $25 billion, surpassing Azim Premji of Wipro.

Savitri Jindal, chairperson of the OP Jindal Group, has become the focal point of India’s economic landscape with a staggering net worth increase. Her newfound position as the fifth-wealthiest Indian highlights her financial prowess and strategic acumen.

In comparison, Mukesh Ambani, the wealthiest Asian, experienced a substantial yet comparatively moderate increase of nearly $5 billion, reaching a total wealth of $92.3 billion. Conversely, Gautam Adani faced a downturn, with his net worth decreasing by $35.4 billion to $85.1 billion, albeit maintaining his status as the second-richest Indian.

Savitri Jindal presides over the OP Jindal Group, a conglomerate established by her late husband, OP Jindal. The conglomerate oversees listed companies such as JSW Steel, Jindal Steel & Power, JSW Energy, JSW Saw, Jindal Stainless, and JSW Holdings. Notably, one of her sons, industrialist Sajjan Jindal, is currently addressing allegations of rape, which he vehemently denies.

In the panorama of wealth accumulation, other notable individuals experienced substantial gains. Shiv Nadar of HCL secured the second position, accumulating approximately $8 billion during the past calendar year. Further additions included KP Singh of DLF, Kumar Mangalam Birla, Shapoor Mistry, Dilip Shanghvi, Ravi Jaipuria, MP Lodha, and Sunil Mittal.

As Savitri Jindal’s financial trajectory continues to ascend, her position as India’s richest woman adds a new dimension to the country’s economic landscape. The contrasting fortunes of key industrialists further underscore the dynamic nature of India’s wealth distribution.

 

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