According to Forbes' Billionaires List 2022, Savitri Jindal, chairman of the Jindal Group, is India's richest woman, with a net worth of $17.7 billion. This year, 11 Indian women, including four newcomers, joined the worldwide rich list. Falguni Nayar, the CEO of cosmetics and fashion company Nykaa, was one of the newcomers to the billionaire club.
In 2022, there are 327 women on the Forbes billionaires list. With a net worth of $74.8 billion, Francoise Bettencourt Meyers, the granddaughter of L'Oréal's founder, was named the richest woman in the world this year. Meyers was followed by Alice Walton ($65.3 billion), Julia Koch ($60 billion) of the Koch industries, and philanthropist MacKenzie Scott ($43.5 billion).
Meanwhile, women billionaires in India were mostly from the pharmaceutical and other industries. Leena Tewari, Kiran Mazumdar Shaw, and Smita Crishna-Godrej were among the prominent names on the list.
Richest Indian Businesswomen In 2022:
Savitri Jindal
Savitri Devi Jindal is an Indian politician and businesswoman. She was the emeritus chairperson of the OP Jindal Group. She also serves as the president of Agroha's Maharaja Agrasen Medical College. According to Forbes Billionaires List 2022, Savitri Devi Jindal is India's richest woman. Her steel business in the metal and mining sector has given her a net worth of $17.7 billion.
Falguni Nayar
Falguni Nayar is the founder and CEO of Nykaa. Nykaa is a Mumbai-based Indian e-commerce startup that was formed in 2012. It sells beauty, wellness, and fashion products online, on mobile apps, and in 84 physical locations. It was the first unicorn business in India to be led by a woman in 2020. Nykaa sells both domestically and globally created goods. According to Forbes Billionaires List 2022, Nayar is India's second richest businesswoman. In 2022, her fashion and retail businesses brought her a net worth of $4.5 billion.
Leena Tewari
Leena Gandhi Tewari is the chairman of USV Private Limited, a multinational pharmaceutical and biotechnology firm based in Mumbai. Tewari's company manufactures Biosimilar pharmaceuticals, injectables, and active pharmaceutical ingredients, especially for diabetes and cardiovascular treatments. Tewari, who is also an author, is India's third-richest woman as her company increased her net worth to $3.8 billion.
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Kiran Mazumdar Shaw
Kiran Mazumdar-Shaw is the founder of Biocoin Limited and Biocoin Biologics Limited; both are Bengaluru-based firms. Her firm Biocoin Limited produces generic active pharmaceutical ingredients (APIs) that are distributed in more than 120 countries throughout the world, including developed markets like the United States and Europe. According to the list, Shaw has a net worth of $3.3 billion. Her source of fortune is biopharmaceuticals in the healthcare sector.
Smita V Crishna
Smitha V Crishna of Godrej Industries is the third-era successor of the Godrej Group. Godrej Industries Limited is the Godrej Group's holding company. The company's headquarters are located in Mumbai, India. Her consumer goods brought her $2.5 billion net worth. According to Forbes Billionaires List 2022, she is the fourth richest woman in the country.
Anu Aga
Anu Aga is an Indian businesswoman and social worker who founded Thermax, a company that specialises in energy and environmental engineering. Aga began working at Thermax in 1985 when her husband was the CEO and took over in 1996 after he died of a heart attack. She stepped aside as chairperson in 2004, handing over the reins to her daughter Meher, a chemical engineer trained in the United Kingdom who oversees the company with the help of hired executives. Her estimated wealth is $1.9 billion.
Mrudula Parekh
Mrudula Parekh inherited minority ownership in Pidilite Industries, launched by her late brother-in-law, Balvant Parekh. Pidilite Industries Limited, founded in 1959, is an adhesives manufacturing firm situated in Mumbai. The firm also produces art materials, stationery, food, fabric and car care products apart from adhesives and sealants. They also produce special industrial products like pigments, textile resins, leather chemicals, and construction chemicals, among other verticals. The manufacturing firm has brought her a net worth of $1.8 billion.
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Radha Vembu
Radha Vembu is a millionaire businesswoman who owns a majority stake in the Indian software development company Zoho Corporation. Zoho Corporation is a multinational technology firm located in India that produces web-based business products. It is best known for its Zoho Office Suite, an online office suite. Sridhar Vembu and Tony Thomas launched the company in 1996, and it now has seven branches, including a worldwide headquarters in Chennai, Tamil Nadu, India, and a corporate headquarters outside of Austin in Del Valle, Texas. Her software business has a net worth of $1.7 billion, according to Forbes Billionaires List 2022.
Bhawari Bai Surana
Bhawari Bai Surana is the matriarch of the Surana family, which owns the pharma company Micro Labs in Bengaluru. The generics firm creates medications for heart disease, diabetes, and pain management. It also produces ophthalmic products for the Asia-Pacific region of Bausch & Lomb. The domestic market accounts for roughly 60% of the privately held company's annual sales. Dilip and Anand, her sons, oversee the $588 million company (fiscal 2021 sales). Her late husband, the former pharma distributor GC Surana, launched the company in Chennai in 1973. According to Forbes Billionaires List 2022, her current net worth is $1 billion.
Sara George Muthoot
After her spouse, MG George Muthoot, died in 2021, Sara George Muthoot inherited a stake in Muthoot Finance, a gold finance company. George Muthoot's grandfather began the Muthoot Group in 1887 as a timber and food grain trader, supplying rations to vast British-run plantations. The company has 5,400 branches in India and serves over 200,000 consumers every day. The corporation recorded a 21 per cent increase in net profit to $522 million for the fiscal year ending March 2021. Her net worth is $1.4 billion.
Kavita Singhania
Kavita Singhania owns a share in JK Cement, a cement company in which her late husband, Yadupati Singhania, was the managing director. JK Cement is a well-known brand in its stronghold in northern India, where it is based. She works as a director for Express Infrastructure, a developer in Chennai, India. Singhania's grandfather was newspaper tycoon Ramnath Goenka, who developed a media empire best known for the Indian Express, a daily newspaper. Her net worth has risen to $1.1 billion because of her stake in a cement company.