Meet India’s richest woman, Savitri Jindal: with a net worth of US$17.7 billion, the wealthy Jindal Group mogul joins Gautam Adani and Mukesh Ambani on Forbes’ India’s 100 Richest list

Dec 8 , 2022

Savitri Jindal was just named India’s richest woman. Photo: @JSPLCorporate/Twitter

Savitri was born in Tinsukia, India and married O.P. Jindal who founded his eponymous steel company two years after the wedding – it went on to become a leading conglomerate

Her husband tragically died in 2005, putting her at the helm of the business – she is also president of the Maharaja Agrasen College and vows to set up a school for every factory built

Looks like Indian business magnates Gautam Adani and Mukesh Ambani may be in for a run for their money, as Savitri Jindal has just climbed to the top of the billionaire club, emerging as India’s richest woman, according to Forbes. She and her family currently rank as No 6 on the publication’s India’s 100 Richest list.

Sure, she may be behind Ambani by a good US$67 billion, and US$133 billion off from Adani, but she’s been making money quickly this year as her wealth has nearly quadrupled since 2020. The Jindal Group steel chairwoman saw her net worth grow from US$4.8 billion two years ago to US$17.7 billion in 2022, per Forbes.

But what else do we know about her?

Savitri Jindal’s meteoric rise to power and wealth

Savitri Jindal said in an interview that “men take care of everything outside” in her culture. Photo: @lbsnaa_122/Instagram

Born in Tinsukia town in the Indian state of Assam in 1950, Savitri was married to O.P. Jindal, who founded the Jindal Group in 1952 as a manufacturer of buckets. Since then, the company has grown to be one of India’s leading conglomerates.

After O.P. Jindal’s untimely demise in 2005 in a helicopter crash, his wife took over the reins as chairperson of the Jindal Group, per India Times.

Savitri Jindal took over her husband’s company after his tragic death in 2005. Photo: @mamcagroha/Twitter

Jindal, now 72, is known as a woman with simple needs, whose life was pushed into the public eye after her husband passed away. She is mother to nine children and four of her sons now run the Jindal empire, according to Forbes. She prefers to keep a low profile, per The Times of India.

Savitri Jindal was born in Tinsukia town in the Indian state of Assam. Photo: @TeamSavitriJ/Twitter

In an interview with Forbes India, she once said, “In our family, women do not venture out. We remain in charge of the house while the men take care of everything outside.”