Meet the richest women in India who have a combined net worth of R301bn
- India is home to five female billionaires, according to Forbes' Real-Time Billionaires list.
- The richest woman in India is Savitri Jindal, the 70-year-old chair of a multibillion dollar conglomerate, who's worth R118 billion.
- India's women billionaires also include the heads of pharmaceutical, software, and consumer goods companies.
- Their cumulative wealth is R301 billion.
- For more articles, go to www.BusinessInsider.co.za.
India is home to 118 billionaires, according to Forbes' Real-Time Billionaires list — and most of them are men.
The top spot goes to Mukesh Ambani, the 63-year-old chair of the $88 billion (R1.5 trillion) conglomerate Reliance Industries. Ambani is worth $88.6 billion (R1.5 trillion) and ranks as the richest person in Asia and the fifth-richest in the world.
But five women rank among India's billionaires. The country's richest woman is Savitri Jindal, the 70-year-old chair of multibillion dollar conglomerate Jindal Group, which was founded by her late husband. Jindal is worth $7.1 billion (R118 billion) making her the 12th-richest person in India.
The list of India's female billionaires also includes the heads of pharmaceutical, software, and consumer goods companies.
Here are the five richest women in India, who preside over a cumulative $18 billion (R301 billion) fortune.
Net worth: $1.2 billion (R20 billion)
Source of wealth: technology
Vembu holds a majority stake in software company Zoho Corp, which was cofounded by her older brother in 1996.
Net worth: $2.3 billion (R38 billion)
Source of wealth: consumer goods
Godrej owns a one-fifth stake in the family-run $4.7 billion (R78.6 billion) consumer goods giant Godrej Group, which makes products including appliances and furniture.
Net worth: $3 billion (R50 billion)
Source of wealth: pharmaceuticals
Tewari is the chair of the privately held, Mumbai-based pharmaceutical company USV, which was founded by her late father and brings in $449 million in annual revenue.
Net worth: $4.4 billion (R736 billion)
Source of wealth: biotech
Mazumdar-Shaw is India's richest self-made woman after founding what is now the largest biopharmaceutical firm in India — Biocon — in 1978.
Net worth: $7.1 billion (R118 billion)
Source of wealth: steel
Jindal is the chair of Jindal Group, a company with interests in steel, power, cement, and infrastructure that was founded by her late husband, Om Prakash Jindal.
Read the original article on Business Insider
Receive a daily update on your cellphone with all our latest news: click here.
Get the best of our site emailed to you daily: click here.
Also from Business Insider South Africa:
- Children aged 2 to 5 ‘must be encouraged’ to wear masks, new SA rules say. The WHO disagrees.
- Two South African wines receive a rare perfect score from a top UK critic
- AstraZeneca says its Covid-19 vaccine could still be available this year, after it paused trial
- Lamborghini will now sell a fancy new R300,000 bicycle
- Double billing glitch: Nedbank took money twice from Capitec clients