Savitri Jindal is India’s richest woman and a self-made billionaire, whose net worth ballooned by $12 billion in just the last two years. With a net worth of $18 billion, Jindal is the only woman in the top 10 of Forbes’ list of richest Indians in 2021.
Savitri Jindal’s background
Jindal’s journey to success is an inspiring one. Born in 1950 in Tinsukia, a small town in upper Assam, Jindal grew up in a simple family. She married Om Prakash Jindal, who had founded the Jindal Group, a steel and power conglomerate. OP Jindal was a minister in the Haryana Government and a member of the Haryana Vidhan Sabha from Hisar constituency.
How did Savitri Jindal became an entrepreneur
After her husband’s sudden demise in a helicopter crash in 2005, Jindal discovered a whole new world where she found herself as a politician, social activist, and billionaire at an age when most people plan to retire from household or professional duties. She took over her husband’s steel and power conglomerate and began her journey as a businesswoman.
Rise of Jindal Group
The Jindal Group was a business conglomerate that prided itself on its humble roots. The late Om Prakash Jindal, who was born to a farmer in Haryana’s Nalwa village, took his first step into the world of business at the age of 22 when he set up a small bucket-manufacturing unit in Hisar. He followed it up by establishing Jindal India Limited, a pipe-production unit, in 1964. Five years later, the Jindal patriarch set up his first big factory in then Calcutta, and thus began the illustrious history of the group.
Jindal Group and their Subsidiaries
Today, the Jindal Group is one of the leading steel and power companies in India, with some of the flagship companies being Jindal Saw Limited, JSW Steel, Jindal Stainless Steel Limited, and Jindal Steel and Power Limited
Savitri Jindal’s rise to become one of the world’s wealthiest women on the Forbes billionaire list 2018 is a testament to her hard work, dedication, and resilience. She remains aloof from business matters and keeps herself engaged in overseeing the various social welfare programs in education and healthcare initiated by the Jindal Group founder for their factory workers and the needy. She also focuses on ensuring family integrity and unity among her children and grandchildren.
Philanthropist and Educationalist
Savitri Jindal’s success is not limited to business and politics; she also takes a personal interest in philanthropic activities to help the needy. She is involved in building schools, and medical institutions, and successfully running them run by the Jindal Group.
In Forbes’ 2023 list of the world’s wealthiest individuals, India’s billionaire list features 16 new entries, three of whom are women. However, in the top 10 richest Indians, there’s only one woman, business magnate, and politician Savitri Jindal.
Savitri Jindal’s remarkable story is an inspiration to women around the world. From being a housewife to taking control of a flourishing business empire, Jindal has shown that women can succeed in traditionally male-dominated industries. She is a true icon of women’s empowerment, and her legacy will inspire generations of women to come.