India has positioned itself third in the list of top countries by number of billionaires. With a record number of 200 billionaires, India shined in the Forbes 2024 world’s billionaires list. While the number of women entrepreneurs in the Forbes list keeps growing every year, women accounted for 13.3% of the list this year. India’s women billionaires also fall under the same percentage. Some of these women hail from wealthy families and some have created all the wealth they have by their intelligence and competency.
Here is the List of richest women in india 2024:
1. Savitri Jindal
First in the list of Richest women in India, Savitri Jindal is the chairperson emeritus of the O.P. Jindal Group. Jindal family’s net worth is estimated at $29.5 billion. She inherited the Jindal Group from her late husband and the founder of the Jindal group, late Om Prakash Jindal. She was appointed the cabinet minister in the haryana government 2013.
Although she is only the posing chairperson of the Jindal Group now, after 2005 when she took over the reins of the company in her hand and expanded the group further. She also ventured into politics in 2005 from Hisar constituency of Haryana. Savitri Jindal has joined the Bharatiya Janata Party ahead of 2024 Indian elections. Known for her simplicity, she is the only Indian woman to feature in the list of Top 10 richest women in the world.
2. Rohiqa Cyrus Mistry
Wife of late Cyrus Mistry, came second in the list of richest women in India after inheriting her husband’s wealth.The Mistry family holds 18.4% stake in the Tata Sons, this acts as their biggest asset. Rohiqa Mistry was the daughter-in-law of construction tycoon Pallonji Mistry. She herself hails from a wealthy family, her father being the renowned lawyer Iqbal Chagla.
3. Rekha Jhunjhunwala
Rekha Jhunjhunwala inherited her wealth from her late husband Rakesh Jhunjhunwala, who was a billionaire investor, stock trader and Chartered Accountant. Rakesh Jhunjhunwala’s net worth stood at USD 5.8 billion which his wife inherited after being widowed.
4. Vinod Gupta
Wife of late Qimat Rai Gupta, former chairman and managing director of Havells company, is fourth on the list of richest Indian Women. Havells India Limited is an Indian Multinational electrical company founded in 1958.
5. Smita Crishna
Smita v Crishna is a stock trader hailing from the Godrej clan. Godrej is a multinational conglomerate founded in 1897, operating in a number of sectors including real estate, consumer products, industrial engineering, appliances, furniture, security and agriculture products. She has one-fifth stake in the family assets. Her estimated net worth is Rs37,570 crore. She made news for purchasing a Rs 371 crore worth bungalow belonging to late atomic physicist Dr Homi J Bhabha.
6. Leena Gandhi Tiwari
Sixth on the list of richest women in India, Leena Gandhi Tiwari, is a businessperson and author. She is the chairman at the global pharmaceutical and biotech company, USV. Founded by her grandfather Vithal Balkrishna Gandhi in 1961, USV specializes in diabetic drugs and injectables. She is also a humanitarian and philanthropist. Her net worth is estimated at $3.2 Billion.
7. Falguni Nayar
One of the few self made billionaires in this list, Falguni Nayar is a former investment banker turned businesswoman. She is the CEO and Founder of beauty and lifestyle company Nykaa. 2012 marked as the year Nykaa was established and today the company stands at a market capitalization of INR 176.75. In 2021, when Nykaa went public Falguni Nayar became India’s Richest Self-Made female Entrepreneur. Nayar’s fortune is estimated at INR 38,700 crore.
8. Anu Aga
This social worker and businesswoman has led the engineering company Thermax as its chairperson from 1996 to 2004. After retiring from Thermax in 2010, she moved towards social work. She is a recipient of the fourth-highest Indian civilian award, Padma Shri by the Government of India for her contribution towards social work. Anu Aga was nominated to the Upper House of Indian Parliament, Rajya Sabha in 2012 after which she served as a member of the parliament. Currently, she is the chairperson of the non-profit organization Teach For India. Her net worth is estimated to be USD 4.2 billion.
9. Kiran Mazumdar Shaw
Referred to as India’s biotech queen, Kiran Mazumdar Shaw is the second self-made billionaire on this list. She is the executive chairperson and founder of Biocon, a biopharmaceutical company. Founded in 1978, the initial capital of the company was a mere 10,000 rupees. Today Biocon is the largest factory producing insulin in Asia. Shaw was listed 68th most powerful women in the world by Forbes magazine. Her net worth is estimated to be USD 290 crores. She is a Padma Shri and Padma Bhushan recipient.
10. Radha Vembu
The last billionaire on this list is the owner of a majority stake in Zoho Corporation. Zoho is a technology company that makes computer software and web-based business tools. Vembu is a graduate in industrial management from Indian Institute of Technology Madras. Zoho was co-founded by her and her brother Sridhar Vembu in 1996, initially known as AdventNet. The pandemic boosted Zoho’s market value as it assisted millions in working from home through their products and services like Zoho Remotely. Her net worth is estimated to be INR 36,000 Crore. She also serves as the director of a real estate company called Highland Valley Corporation Pvt. Ltd. and an agricultural NGO called, Janaki Hi-tech Agro Pvt. Ltd.
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conclusion
We are in awe of these women and rightly so. It’s been less than a century since India became independent, and although the entire nation has worked hard to grow, the women entrepreneurs of this country have worked particularly hard. We hope to have more and more self made women billionaires rise in our nation. These women act as an inspiration to the billions of young Indian women. We hope to see them higher in the list of Richest Women in the World list by next year. We aim to recognize and celebrate these women for their accomplishments, hoping more Indian women entrepreneurs will come forward to give their male counterparts a run for their money(literally).