With an astounding total of 105 billionaires living there, India took third place in the world among self-made billionaires. But here's what's intriguing: a new wave of change is blowing through, and women are taking centre stage and climbing the ladder of billionaires. Savitri Jindal is the only woman among India's top 10 richest persons.
Thanks to Forbes' Real-Time Billionaires rankings, which follow billionaires worldwide, we have the list of the top ten richest women in India in this article.
Rank & Name | Net Worth (US$) | Company |
---|---|---|
10. Radha Vembu | $2.1 B | Zoho Corporation |
9. Kiran Mazumdar-Shaw | $2.5 B | Biocon |
8. Anu Aga | $2.8 B | Thermax |
7. Falguni Nayar | $3.0 B | Nykaa |
6. Leena Tewari | $3.2 B | USV Pharma |
5. Smita Crishna-Godrej | $3.3 B | Godrej |
4. Vinod Gupta | $4.2 B | Havells |
3. Rekha Jhunjhunwala | $8.0 B | Titan Company Limited, and others |
2. Rohiqa Cyrus Mistry | $8.7 B | - |
1. Savitri Jindal | $29.1 B | Jindal Group |
Image Source: Twitter
Age: 51 years
Since 2007, Radha Vembu, a co-founder of the technology business Zoho, located in Chennai, has served as the product manager for Zoho Mail. She is now regarded as one of the wealthiest women in India because of her persistent leadership in developing a worldwide product. Thanks to Zoho's remarkable voyage, its revenues surpassed $1 billion in 2021, which significantly increased Radha Vembu's fortune by 127% in the same year. Her efforts provide witness to her crucial part in the development of Zoho. In addition, Vembu is in charge of Zoho Workplace and participates in the operation of more than forty-five of the Zoho Corporation's products.
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Age: 70 years
Being a first-generation businesswoman, Mazumdar-Shaw started the biopharmaceuticals company Biocon in her garage in 1978. Its largest plant for generating insulin in Asia is situated in Malaysia. Following the successful IPO of her firm, Biocon, her wealth increased. For $3 billion last year, the firm bought Viatris' biosimilars division in the US.
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Age: 81 years
In the 1980s, Anu Aga began working with her husband at the engineering firm Thermax. Following his passing in 1996, she assumed control of it. She relinquished her position in 2004 to make way for her daughter Meher Pudumjee. Anu Aga was back on India's Richest List in 2022, having been removed in 2014. Notably, she served as a member of Parliament when President Pratibha Patil nominated her to the Rajya Sabha on April 26, 2012. She was also a founding member of Teach for India, a nonprofit.
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Age: 60 years
Falguni Nayar, an entrepreneur and former investment banker, saw her fortune soar by an incredible 963% in 2021 after Nykaa's successful IPO. This helped her become one of the wealthiest Indian women and, as of late, one of the few female self-made billionaires in the nation. Nayar held the position of managing director at Kotak Mahindra Capital before joining Nykaa. Presently, Falguni Nayar stands as the wealthiest self-made billionaire woman in India and is ranked ninth in the world. Her narrative is one of remarkable financial success and entrepreneurial victory.
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Age: 66 years
Leena Gandhi Tewari is the Chairman of the international biotech and pharmaceutical business USV. Her father, Vithal Gandhi, founded the business in 1961 with Revlon. USV specializes in medications for diabetes and heart conditions. It possesses a portfolio that includes injectables, active pharmaceutical components, and biosimilar medications. Notably, in 2018, USV purchased German generics company Juta Pharma. Leena wrote a biography of her grandpa Vithal Balkrishna Gandhi, titled 'Beyond Pipes and Dreams.'
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Age: 73 years
Belonging to the esteemed Godrej family, Smita Crishna-Godrej has a sizeable 20 per cent share of the family's wealth. When Smita paid Rs372 crore to buy Mehrangir in South Mumbai, which was the home of nuclear scientist Homi Bhabha, the news was publicized. Forbes reports that the 126-year-old consumer products behemoth Godrej Group, with $5.2 billion in revenue, is owned by the Godrej family.
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Age: 79 years
A significant participant in the nation's electrical equipment market, Havells India is led by Vinod Gupta and her son Anil Rai Gupta. Qimat Rai Gupta, Vinod's late spouse, created the business. Havells is a global company with operations in over 50 countries and 14 product manufacturing locations.
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Age: 59 years
Rakesh Jhunjhunwala's role is assumed by Rekha Jhunjhunwala. She inherited Rakesh Jhunjhunwala's stock holdings after he died in 2022, making her one of India's wealthiest women. She has invested in 29 different firms, including Crisil, Titan, and Tata Motors.
Image Source: Twitter
Age: 56 years
As the daughter of prominent lawyer Iqbal Chagla and the late Cyrus Mistry, the former chairman of the Tata group, Rohiqa Cyrus Mistry is the daughter-in-law of the late construction tycoon Pallonji Mistry. When Rohiqa Mistry inherited her late husband's shares, she rose to become one of India's wealthiest women. Her 18.4% shareholding in Tata Sons is her largest stake. She is a mother of two kids. Mistry is the most recent addition to the list of Indian women billionaires for 2024.
Image Source: Twitter
Age: 73 years
Among the wealthiest women in India, Savitri Jindal is the most prominent. Following the death of her husband, O.P. Jindal, in 2005, she became the OP Jindal Group's chairperson emeritus and inherited the empire. Notably, among India's top 10 richest people in 2024, Jindal is the only female billionaire. In addition to business, Jindal entered politics and was elected from Hisar to the Haryana Vidhan Sabha in 2005. She was nominated as a cabinet member by the Haryana government in 2013 and was reelected in 2009.