In a remarkable feat, Savitri Jindal, born in Tinsukia, Assam, has claimed the title of India’s wealthiest woman, catapulting her to the fifth position among the country’s richest individuals. The Chairperson Emeritus of the OP Jindal Group, the 73-year-old has surpassed steel magnate Laxmi Niwas Mittal, securing a net worth of $24.6 billion, as reported by Bloomberg.
JSW Steel Propels Savitri Jindal to the Pinnacle
At the forefront of Savitri Jindal’s financial success is JSW Steel, the flagship firm of the Jindal Group, contributing nearly 30% to her staggering net worth. Bolstered further by JSW Infrastructure, adding $4.8 billion, and significant stakes in Jindal Steel & Power and JSW Energy, each contributing around $4.6 billion, Jindal has diversified her wealth across key sectors.
Surpassing Industry Titans: Azim Premji Trailing Behind
Savitri Jindal’s ascent to becoming India’s richest woman places her above industry stalwarts like Azim Premji of Wipro, who now occupies the sixth position with a net worth of $24 billion. This shift in rankings underscores Jindal’s financial prowess and strategic investments.
Mukesh Ambani Leads, Jindal’s Remarkable Rise
While Savitri Jindal secures her position as the fifth wealthiest Indian, Mukesh Ambani, the chairman of Reliance Industries (RIL), maintains his supremacy at the top with an impressive wealth of $92.3 billion. Jindal’s ascent positions her alongside other business moguls like Gautam Adani and Shapoor Pallonji Mistry.
The Journey of Savitri Jindal: From Assam to Business Eminence
Born in Tinsukia, Assam, Savitri Jindal’s journey to financial eminence traces back to her marriage to Om Prakash Jindal in the 1970s. He founded the Jindal Group, a conglomerate spanning steel and power industries. This background highlights not only Savitri Jindal’s individual achievements but also her integral role in the growth and success of the Jindal Group.