December 22, 2024

“Savitri Jindal Emerges as India’s Wealthiest Woman, Records Highest Net Worth Surge among Indians”

The Entrepreneur Bytes Team December 19, 2023 70

In a significant financial upturn, Savitri Jindal, India’s richest woman and the fifth-wealthiest individual in the country, has witnessed the most substantial surge in net worth among Indians over the past calendar year. According to The Economic Times, citing the Bloomberg Billionaires Index, Jindal’s fortune has skyrocketed by an impressive $9.6 billion during this period, solidifying her position as a prominent figure in India’s wealth landscape.

"Savitri Jindal Emerges as India's Wealthiest Woman, Records Highest Net Worth Surge among Indians"
"Savitri Jindal Emerges as India's Wealthiest Woman, Records Highest Net Worth Surge among Indians"

The financial landscape in India witnessed a remarkable shift as Savitri Jindal, India’s wealthiest woman, and now the fifth-wealthiest individual in the country, experienced an unparalleled surge in her net worth over the past year. According to The Economic Times citing the Bloomberg Billionaires Index, Jindal’s fortune soared by an astounding $9.6 billion, marking the most significant surge among Indian billionaires during this period.

Currently holding a staggering wealth estimated at approximately $25 billion, Savitri Jindal’s fortune surpasses Azim Premji of Wipro, whose wealth stands close to $24 billion. In comparison, Mukesh Ambani, Asia’s richest individual, witnessed a substantial rise of nearly $5 billion, elevating his total wealth to a monumental $92.3 billion, based on the latest data.

Savitri Jindal, the matriarch of the OP Jindal Group, spearheads the conglomerate established by her late husband, the industrialist OP Jindal. The conglomerate operates multiple listed companies including JSW Steel, Jindal Steel & Power, JSW Energy, JSW Saw, Jindal Stainless, and JSW Holdings.

In a contrasting turn of events, industrialist Sajjan Jindal, one of Savitri Jindal’s four sons, currently faces allegations of rape, which he vehemently denies.

The financial rankings among Indian billionaires also showcased substantial gains for several individuals. HCL’s Shiv Nadar claimed the second position, witnessing an increase of about $8 billion during the previous calendar year. DLF’s KP Singh accumulated $7 billion, while Kumar Mangalam Birla and Shapoor Mistry amassed $6.3 billion each. The list of top gainers also featured Dilip Shanghvi, Ravi Jaipuria, MP Lodha, Sunil Mittal, among others.

However, Gautam Adani, one of India’s prominent figures, experienced a notable downturn as his net worth plummeted by a staggering $35.4 billion to $85.1 billion. Despite this decline, Adani retains the position of the second-richest Indian, following Mukesh Ambani.

The dramatic shifts in the wealth rankings underscore the dynamic and evolving nature of India’s financial landscape, depicting significant changes and challenges encountered by the country’s wealthiest individuals.

Sources By Agencies

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70 thoughts on ““Savitri Jindal Emerges as India’s Wealthiest Woman, Records Highest Net Worth Surge among Indians””

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