The future is female, and this powerful prediction resonates even more when you take a look at the inspiring journeys of India’s richest women. With unwavering hard work, perseverance, and tenacity, more women entrepreneurs are climbing up the business ladder. And in treading their own unique path, they’re encouraging millions of women to have lofty dreams and chase after them.
Here’s featuring the top 10 richest women in India as per Forbes India’s latest compilation.
Rank & Name | Net Worth (INR) | Company |
---|---|---|
#1 Savitri Jindal | Rs3.65 lakh crore | Jindal Group |
#2 Rekha Jhunjhunwala | Rs76,840 crore | Titan Company Limited, and others |
#3 Vinod Gupta | Rs55,123 crore | Havells |
#4 Renuka Jagtiani | Rs40,089 crore | Landmark Group |
#5 Anu Aga | Rs40,089 crore | Thermax |
#6 Smita Crishna-Godrej | Rs35,078 crore | Godrej |
#7 Falguni Nayar | Rs30,067 crore | Nykaa |
#8 Kiran Mazumdar-Shaw | Rs30,067 crore | Biocon |
#9 Radha Vembu | Rs27,561 crore | Zoho Corporation |
#10 Leena Tewari | Rs25,891 crore | USV Pharma |
1. Savitri Jindal
Savitri Jindal stands as India’s richest woman for 2024. She is the Chairperson Emeritus of the OP Jindal Group that has a strong foothold in steel, power, cement, and infrastructure industries. She inherited the empire after her founder-husband O.P. Jindal’s demise in 2005. Jindal is the only woman billionaire in India in 2024 among India’s top 10 richest persons – a proud win indeed. At present, she runs the massive business empire with her sons. Her achievements also cover the field of politics, winning a Haryana Vidhan Sabha seat in 2005 and being appointed as a cabinet minister of the Haryana government in 2013.
2. Rekha Jhunjhunwala
Rekha Jhunjhunwala inherited a valuable stock portfolio from her late husband Rakesh Jhunjhunwala following his death in 2022. Her husband was often touted as India’s Warren Buffett and an investor with a Midas touch. Continuing his impressive legacy, she skillfully took over the reins of his business operations and stock holdings. Her investments span 29 companies, encompassing giants like Titan, Tata Motors, and Crisil.
3. Vinod Gupta
Who has not heard of Havells India, a major name in India’s electrical equipment industry. Vinod Gupta and her son Anil run the giant company that manufactures everything from lighting fixtures and fans to refrigerators and washing machines. Founded by Vinod’s late husband Qimat Rai Gupta, it has a market presence in over 50 countries – a notable feat. She now plans to enter the field of kitchen appliances with an iconic product range.
4. Renuka Jagtiani
Jagtiani is the chairwoman and CEO of Landmark Group, a multinational consumer conglomerate based in Dubai. It was founded by her husband Micky Jagtiani. But for over 20 years now, she has successfully spearheaded the company’s corporate strategy and entry into new markets. She leads an enormous workforce of over 50,000 employees, and has established globally the firm’s formidable presence in the retail and hospitality sectors.
5. Anu Aga
Anu Aga’s entrepreneurial journey started in the 1980s when she began working with her husband at Thermax, an engineering company. She took over the responsibility of running its affairs in 1996 following his demise, and took Thermax to flourishing heights. And almost a decade later, she handed over the reins to her daughter Meher Pudumjee. Not many know that she has also co-founded Teach for India, a non-profit that recruits young people to teach in schools for low-income kids.
6. Smita Crishna-Godrej
Smita Crishna-Godrej is a member of the prestigious Godrej clan, maintaining a sizeable 20 percent stake in the family’s massive assets. The Godrej family controls the $5.7 billion (revenue) Godrej Group, a 127-year-old consumer-goods giant. Her interests also extend to the fields of education and green activism. She is deeply engaged with the Udayachal Schools in Vikhroli, established for the children of all ranks of Godrej employees. She also functions as a Trustee for the Soonabai Pirojsha Godrej Foundation that is involved in conserving Mumbai’s mangrove belt.
7. Falguni Nayar
Investment banker-turned-entrepreneur Falguni Nayar has taken Nykaa to astonishing heights. She witnessed an staggering 963% surge in her wealth in 2021 following the company’s successful IPO. With this majestic feat, she became one of the richest women and self-made female billionaires in the country. Before Nykaa, she was the managing director at Kotak Mahindra Capital. Her story is one for the books, showing that passion and determination can forge you into a entrepreneurial trailblazer.
8. Kiran Mazumdar-Shaw
Another pioneer on the list is Kiran Mazumdar-Shaw, a first-generation entrepreneur. She founded the biopharmaceuticals company Biocon in 1978. From very humble beginnings where she started out of her garage, her company now has the largest insulin producing factory in Asia. Under her leadership, the firm has successfully ventured into the lucrative U.S. market and expanding its footprint.
9. Radha Vembu
Radha Vembu is the co-founder of Zoho, a Chennai-based technology company. Along with owning a majority stake in the company, she serves as the product manager for the email service Zoho Mail. It’s her stellar leadership that has helped turn it into a global product and also placed her among India’s richest women. She also plays an active role in the workings of over 45 products falling under the Zoho Corporation.
10. Leena Tewari
Leena Tewari chairs USV India, a pharmaceutical and biotechnology company based in Mumbai. The company was set up in 1961 by her father Vithal Gandhi with Revlon. Today, USV has a wide portfolio that spans biosimilar drugs, injectables and active pharmaceutical ingredients. The $511 million (revenue) company has benefited hugely from her impeccable experience, and earned her the fitting title of one of India’s richest women.