Meet Renuka Jagtiani, CEO of Landmark Group: Forbes has unveiled its latest list of the world's wealthiest individuals for 2024, and India stands out with the addition of 25 new billionaires. Topping the list is Renuka Jagtiani, with a staggering net worth of $4.8 billion. She is the CEO and chairwoman of Landmark Group, a multinational consumer conglomerate headquartered in Dubai.
Landmark Group, initially founded by her late husband, Micky Jagtiani, has thrived under Renuka's leadership, now employing over 50,000 individuals. Graduating with a Bachelor's degree in Arts from the University of Mumbai, Jagtiani has been recognized for her exceptional business acumen, earning prestigious awards such as Outstanding Asian Business Woman of the Year in 2007 and Businesswoman of the Year in 2012.
Since joining Landmark Group in 1993, Jagtiani has played a pivotal role in crafting the company's corporate strategy and expanding its footprint across diverse regions, including the Middle East, Indian subcontinent, Southeast Asia, and Africa. Her inclusion in Forbes' 'New Billionaires' list underscores her remarkable success, further highlighted by her role as a mother to three children—Aarti, Nisha, and Rahul—who also serve as group directors at Landmark.
Forbes' report on 'New Billionaires' for 2024 reflects a global surge in wealth, with a total of 2,781 billionaires worldwide collectively valued at $14.2 trillion. This year's addition of 265 new billionaires marks a significant increase compared to previous years.
The emergence of women entrepreneurs and business leaders is transforming India's business landscape. Among them, Savitri Jindal stands out as one of the richest Indian women, boasting a net worth of $35.5 billion. Her success mirrors a broader trend of women's empowerment in India's business sphere.
Other notable women leaders featured in Forbes' list include:
Savitri Jindal: $35.5 billion Rekha Jhunjhunwala: $8.5 billion Vinod Rai Gupta: $5 billion Smita Crishna-Godrej: $3.8 billion The rise of women in positions of power underscores a promising shift towards gender equality and inclusivity in India's corporate world.
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