Savitri Jindal, chairperson of the OP Jindal Group, has secured her position as India's richest woman and now holds the prestigious title of the country's fifth-wealthiest Indian.
According to the latest Billionaires Index report, Savitri Jindal has seen the most substantial surge in net worth among India's wealthiest over the past calendar year. Her fortune soared by $9.6 billion during this period, surpassing the gains made by Mukesh Ambani, whose net worth stands highest among Asians. Ambani's wealth increased by nearly $5 billion, elevating his total assets to $92.3 billion, as stated in the report.
In contrast, Gautam Adani, ranking as the second-richest Indian after Ambani, faced a decline in his net worth. Adani's fortunes dropped by $35.4 billion, now standing at $85.1 billion.
Savitri Jindal's accumulated wealth currently hovers around $25 billion, placing her ahead of Wipro's Azim Premji, who stands at nearly $24 billion, as per the report.
The OP Jindal Group, established by Savitri's late husband, the renowned industrialist OP Jindal from Haryana, manages several listed companies such as JSW Steel, Jindal Steel & Power, JSW Energy, JSW Saw, Jindal Stainless, and JSW Holdings.
Following Savitri Jindal in terms of net worth growth, HCL’s Shiv Nadar stands as the second-largest gainer, amassing around $8 billion over the past calendar year. DLF’s KP Singh added $7 billion to his wealth, while Kumar Mangalam Birla and Shapoor Mistry both saw an increase of $6.3 billion each. The list of top gainers also includes prominent figures like Dilip Shanghvi, Ravi Jaipuria, MP Lodha, and Sunil Mittal, among others.
In the 2023 Forbes list of India's 100 Richest, released in October, Savitri Jindal secured the fourth position with a net worth of $24 billion, marking a 46% increase. The Forbes list reported that the collective wealth of India's 100 Richest remained steady at $799 billion this year.
Mukesh Ambani holds the top position in the Forbes list with a net worth of $92 billion, while Gautam Adani slipped to the second spot. Adani’s fortunes plummeted to $68 billion, encompassing his family's wealth, after a report by US short-seller Hindenburg Research in January led to a substantial decline in his group's shares.
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