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Today, In “Savitri Jindal Net Worth 2024” Article we will discuss about India’s Richest Women Savitri Jindal’s Net Worth, Salary. Assests and uncovering the journey of a trailblazer whose determination, business skills, and dedication have not only boosted her personal wealth but also set a powerful example for those looking to start their own businesses.
Who is Savitri Jindal?
Born on 20th March 1940, Savitri Devi Jindal is a prominent Indian businesswoman and politician. She held the position of chairperson emerita at O.P. Jindal Group and serves as the president of Maharaja Agrasen Medical College, Agroha.
| Name | Savitri Jindal |
|---|---|
| Born (Age) | 20 March 1940 (age 83) |
| Tinsukia, Assam, India | None |
| Nationality | Indian |
| Education | Diploma |
| Occupation | Chairperson of O.P. Jindal Group |
| Political party | Indian National Congress |
| Spouse | Om Prakash Jindal (1930–2005) |
| Children | 9, including Sajjan and Naveen |
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Savitri Jindal Education
As a private individual, details about her educational background, including schools or universities attended, specific degrees obtained, or areas of study, may not be publicly disclosed. Savitri Jindal is primarily recognized for her business acumen, political career, and philanthropic endeavors.
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Savitri Jindal Personal Life
Born in Tinsukia, Assam, into a Hindu family, Jindal got married to Om Prakash Jindal in the 1970s, the founder of the Jindal Group, a steel and power conglomerate. She served as a Minister in the Haryana Government and was a member of the Haryana Vidhan Sabha (Legislative Assembly) from the Hisar constituency. Although she lost the seat in the 2014 Haryana assembly elections, she took over as chairperson after her husband’s passing in a helicopter crash in 2005.
Affiliated with the INC political party, she is recognized as the richest woman in India and the 16th-richest Indian in 2016, with a net worth exceeding $4.0 billion. Additionally, she held the title of the world’s 453rd-richest person in 2016 and is the seventh-richest mother globally. Her contributions extend to continuing the public work initiated by her late husband. In 2008, she was honored with the Acharya Tulsi Kartritva Puraskar by Akhil Bhartiya Terapanth Mahila Mandal.
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Savitri Jindal Career
Savitri Jindal’s career is multifaceted, encompassing business, politics, and philanthropy. Here’s an overview of key aspects of her career:
- Business:
- Savitri Jindal was associated with the O.P. Jindal Group, a prominent conglomerate in the steel and power sectors.
- Following the unfortunate demise of her husband, O.P. Jindal, in a helicopter crash in 2005, Savitri Jindal assumed the role of chairperson emerita of the O.P. Jindal Group.
- Political Career:
- In 2005, Jindal won the Haryana Vidhan Sabha seat in the Hisar constituency, previously held by her late husband, Om Prakash Jindal. She secured re-election in 2009 and assumed the role of a cabinet minister in the Haryana Government on October 29, 2013.
- In her prior cabinet role, she served as the Minister of State for Revenue and Disaster Management, Consolidation, Rehabilitation, Housing, as well as the Minister of State for Urban Local Bodies and Housing.
- Under her leadership, the company’s revenue quadrupled. Hailing from Haryana, she was a member of the Haryana Legislative Assembly and held the position of Minister of Power until 2010. The O.P. Jindal Group, initiated by O.P. Jindal in 1952, evolved into a conglomerate encompassing steel, power, mining, oil, and gas. Her four sons, Prithviraj, Sajjan, Ratan, and Naveen Jindal, manage each division of the business. Jindal Steel, a part of the conglomerate, stands as the third-largest steel producer in India.
- Philanthropy:
- Savitri Jindal has been actively involved in philanthropic activities, contributing to various social causes.
- Her commitment to continuing the public work initiated by her late husband extends to philanthropy, making a positive impact on communities.
- Recognition and Wealth:
- Recognized as the richest woman in India, Savitri Jindal held the 16th position among the wealthiest Indians in 2016, with an estimated net worth exceeding $4.0 billion.
- She gained global acknowledgment as the world’s 453rd-richest person in 2016 and is noted as the seventh-richest mother globally.
- Honors:
- In 2008, Savitri Jindal was conferred with the Acharya Tulsi Kartritva Puraskar by Akhil Bhartiya Terapanth Mahila Mandal, acknowledging her contributions.
Savitri Jindal’s career is characterized by her leadership in the business realm, active participation in politics, dedication to philanthropy, and notable achievements in terms of wealth and recognition. Her role as a key figure in the O.P. Jindal Group and her contributions to various spheres exemplify a dynamic and impactful career.
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Savitri Jindal Net Worth 2024
Savitri Jindal, the wealthiest woman in India, experienced a substantial growth in her wealth in 2023, consolidating her status as a financial leader in the region. Her fortune surged by an impressive $9.6 billion this year, surpassing established business magnates like Mukesh Ambani and Gautam Adani. According to Forbes, In 2023, Savitri Jindal’s total wealth is valued at ₹199,656 crore.
Savitri Jindal’s Assets
1. JSW Group:
- Savitri Jindal’s main source of wealth is the OP Jindal Group, where she serves as chairperson. This conglomerate, involved in steel, energy, cement, and infrastructure, has experienced notable growth, driven by factors like robust steel demand in India and strategic investments.
2. Listed Companies:
- Several publicly traded companies under the JSW Group contribute to Savitri Jindal’s wealth. Notable ones include JSW Steel, Jindal Steel & Power, JSW Energy, JSW Saw, and JSW Holdings. The performance of these companies directly impacts her overall net worth.
3. Non-listed Assets:
- Apart from publicly traded companies, the JSW Group holds non-listed assets, such as JSW Infrastructure (focused on ports, shipyards, and repair facilities) and JSW Cement. These assets also play a role in contributing to Savitri Jindal’s wealth, although their values may be less publicly available.
4. Real Estate:
- Savitri Jindal’s real estate holdings, as reported by Wealthy Matters, include agricultural land valued at Rs. 49.42 lakhs in Raigarh and Maharashtra, a residential house in Hisar’s Urban Estate valued at Rs. 74 lakhs, and a significant residence on O.P. Jindal Marg, Hisar, valued at Rs. 24.71 crores.
- Additionally, the Jindal family owns a house in the Lutyens Bungalow Zone in Delhi, priced at a substantial 150 crores.
Some Lesser Known Fact About Savitri Jindal
- The Jindal Group, involved in steel, power, cement, and infrastructure, is led by Savitri Jindal, the widow of the founder, Om Prakash Jindal.
- Following O.P. Jindal’s passing in a helicopter crash in 2005, the group’s businesses were divided among his four sons, each independently managing their respective sectors.
- Sajjan Jindal, based in Mumbai, oversees the group’s significant assets, including JSW Steel.
- In September 2023, Sajjan Jindal made the ports arm JSW Infrastructure public.
- Naveen Jindal, the younger son based in Delhi, is responsible for managing Jindal Steel & Power.
FAQs
Q. What is the Net Worth of Savitri Jindal?
The Net Worth of Savitri Jindal is approximately ₹199,656 crore.
Q. Is Savitri Jindal richer than Ambani?
Savitri Jindal is currently not richer than Ambani, she ranks 4th on Forbes India list.
Q. How did Savitri Jindal become rich?
Savitri Jindal inherited Jindal Group after her husband’s death and expanded it across steel, power, cement & infrastructure.
Q. Who is the richest poor man in India?
“Richest poor man” is quite subjective. There are wealthy individuals working with underprivileged communities.
Q. Who is the top 100 richest man?
The top 100 richest individuals in India are listed on Forbes, with Mukesh Ambani currently holding the top spot.
