Richest Women in India 2024

Today we are taking a look at the richest women in India, their net worth, their age, their source of wealth, and more. Let’s start with the richest woman in India;

 

1. Savitri Jindal

Savitri Jindal net worth

Net worth: $30.7 B

Age:  73

 

Savitri Jindal, widow of Om Prakash Jindal, is the chairperson of the Jindal Group, a conglomerate with interests in steel, power, cement, and infrastructure.

 

After her husband’s death in 2005, their sons took over different company sectors. Her son Sajjan in Mumbai oversees major assets like JSW Steel, while Naveen in Delhi manages Jindal Steel & Power.

 

2. Rohiqa Cyrus Mistry

 Net worth: $9.5 B

Age: 56

 

Rohiqa Cyrus Mistry is the widow of Cyrus Mistry. Cyrus, whose dad Pallonji Mistry was a big name in construction, died in a car crash in September 2022 at age 54, just a few weeks after his father passed away in June 2022.

 

After Cyrus died, Rohiqa inherited his part of the family business. Their most valuable asset is a big share, 18.4%, in Tata Sons, which is a major company that owns a lot of other companies in the Tata group.

 

3. Rekha Jhunjhunwala 

 

Rekha jhunjhunwala net worth

 

Net worth: $8.3 B

Age: 60

 

Rekha Jhunjhunwala, widow of Rakesh Jhunjhunwala, often dubbed India’s Warren Buffett, inherited a lucrative stock portfolio after his death in August 2022 at 62.

 

Titan, a Tata conglomerate company focusing on watches and jewelry, stands out as the portfolio’s gem. Rakesh’s strategic investments in Star Health and Metro Brands, which went public in 2021, and his involvement in Akasa Air, a budget airline launched just before his passing, highlight his investment prowess.

 

 

4. Vinod Rai Gupta

Net worth: $4.6 B

Age: 78

 

Vinod Gupta, alongside her son Anil Rai Gupta, derives their wealth from Havells India, a company Anil manages. Founded in 1958 by Vinod’s late husband, Qimat Rai Gupta, as an electricals trade business, Havells now produces a wide array of products including electrical fixtures, lighting, fans, and appliances. With 14 factories, it markets its goods in over 50 countries.

 

FD Rates October 2023

 

5. Anu Aga

Anu Aga, Richest women in India

Net worth: $3.4 B

Age: 81

 

Anu Aga’s wealth stems from her significant ownership in Thermax, an engineering company. She joined Thermax in 1985, initially led by her husband, and took over leadership in 1996 following his death. In 2004, she passed the chairman role to her daughter, Meher.

 

Post-Thermax, Anu focused on social work, earning the Padma Shri in 2010. Currently, she chairs Teach For India and was appointed to the Rajya Sabha in 2012 by President Pratibha Patil.

 

6. Smita Crishna-Godrej

 Net worth: $3.4 B

Age: 46

 

Smita Crishna-Godrej, a prominent member of the renowned Godrej family, owns a one-fifth share of the family’s holdings. Her brother, Jamshyd, is at the helm of the consumer goods powerhouse, Godrej & Boyce. Her husband, esteemed theatre actor Vijay Crishna, and their daughter, Nyrika Holkar, also contribute to the family business.

 

The Godrej Group, a 126-year-old conglomerate with a revenue of $5.2 billion, remains under the family’s control, cementing its legacy in the consumer goods sector.

 

7. Radha Vembu 

 

Radha Vembu Zoho

Net worth: $3.3 B

Age: 51

 

Radha Vembu’s fortune originates from her ownership in Zoho Corp, a provider of cloud-based business software. The company, co-founded by her brother Sridhar Vembu as AdventNet in 1996, has grown into a major player in the software industry.

 

An IIT Madras graduate with a degree in industrial management, Radha serves as the product manager for Zoho Mail. In 2020, Zoho introduced Zoho Remotely, a suite of remote work tools designed to facilitate the transition to working from home. Over the past three years, Zoho has been awarded 25 patents, showcasing its innovation and growth in the tech field.

 

 

8. Leena Tewari

Net worth: $3.2 B

Age: 66

 

Leena Tewari leads USV India, a family-owned company founded by her father, Vithal Gandhi, in partnership with Revlon in 1961. USV excels in producing diabetic and cardiovascular medications, along with biosimilars, injectables, and active pharmaceutical ingredients.

 

The firm, boasting revenues of $511 million, is managed by her husband Prashant, an alumnus of the Indian Institute of Technology and a mechanical engineering graduate from Cornell. In 2018, USV expanded its global footprint by acquiring the German generics company Juta Pharma. The Tewari legacy continues with their daughter, Aneesha Gandhi Tewari, a molecular biology Ph.D. holder from MIT, joining the company’s board in August 2022.

 

9. Falguni Nayar

Falguni Nayar Net Worth

Net worth: $2.8 B

Age: 61

 

Falguni Sanjay Nayar is an Indian billionaire businesswoman, who is the founder and CEO of the beauty and lifestyle retail company Nykaa, formally known as FSN E-Commerce Ventures. Nayar took Nykaa public in November 2021, becoming India’s richest self-made female entrepreneur in the process.

 

10. Kiran Mazumdar-Shaw

Kiran Mahumdar-Shaw net worth

Net worth: $2.6 B

Age: 70 

 

Kiran Mazumdar-Shaw, a trailblazer among India’s wealthiest self-made women, established the biopharmaceutical powerhouse Biocon in 1978, marking a significant entry into the U.S. market.

 

The company boasts the largest insulin production facility in Asia, located in Malaysia’s Johor. In a strategic move, Biocon Biologics secured a $3.3 billion acquisition of Viatris’s biosimilars division in February 2022.

 

Despite facing challenges, such as the arrest of a Biocon Biologics executive in a bribery case by the Central Bureau of Investigation in June 2022—which the company contested—Biocon continued to attract investment. Notably, in April 2023, Cyrus Poonawalla’s Serum Institute of Life Sciences reaffirmed its confidence in Biocon Biologics by doubling its investment to $300 million.

 

 

The data presented above is updated according to Forbes real time billionaire List as of Feb 2024.

 

FAQs

 

1.What is Falguni Nayar’s net worth? 

 

Falguni Nayar net worth is $2.8 B as of  Feb 2024.

 

2. What is Rekha Jhunjhunwala’s net worth? 

 

Rekha Jhunjhunwala’s net worth is $8.3 B as of Feb 2024.

 

Interested in how we think about the markets? Read more: Zen And The Art Of Investing

 

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