The landscape of Indian business is undergoing a significant transformation, with a growing number of women entrepreneurs and leaders achieving prominence. Savitri Jindal stands out as one of the wealthiest Indian women, boasting a remarkable net worth of $35.5 billion. Her success story not only embodies personal triumph but also reflects a wider trend of female empowerment within the Indian business community.
According to the study, Savitri Jindal now has a total worth of around $25 billion.
She ranks 5th position on Bloomberg's list. Savitri Jindal inherited O.P. Jindal Group, a company set up by her late husband, Om Prakash Jindal, who died in a helicopter crash in 2005. She never had any formal education from a college but is now one of the richest women in India.
Stakes In The Company
Savitri Jindal (the richest women of India) has nine children of which she has four sons - Prithvi, Ratan, Sajjan and Naveen. According to the Bloomberg report, late Om Prakash Jindal structured the stakes in a way that each son acquired one-fifth of the shareholding in each company under the umbrella of the family business.
After the demise of her husband, Savitri not only became the chairwoman of the company but also acquired her sons’ stakes. When she dies, her share of every business will automatically transfer to the son heading the O.P. Jindal Group.
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The Jindal Group also owns 92% of JSW Infrastructure, founded by Sajjan Jindal in 1999. It builds shipyards and ports and offers ship repair facilities. The multi-billionaire family also owns JSW Cement.
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Political Career
Image Courtesy: The Newsmen
In 2005, Savitri Jindal got elected to Haryana Vidhan Sabha from Hissar Constituency, which her late husband represented for a long time. In 2013, she was among the cabinet ministers (women ministers) in the Haryana Government. She is a member of the Indian National Congress.
She had served as the Minister of State for Revenue and Disaster Management, Consolidation, Rehabilitation and Housing and Minister of State for Urban Local Bodies and Housing. Being a member of the Haryana Legislative Assembly, Savitri Jindal had held the position of Minister of Power until 2010.
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