Business

Jindal Savitri: The richest female in Asia

31 Jul 2022
Jindal Savitri: The richest female in Asia

Indian Savitri Jindal, who has accumulated a fortune of $11.3 billion, is the wealthiest woman in Asia. She is the owner of the conglomerate Jindal Group, which engages in industries like metals and power generation.

Yang Huiyan, a Chinese real estate magnate, was surpassed by Savitri Jindal to claim the top spot in the wealth rankings as China's developers struggle to recover from a lending boycott.

Yang Huiyan's wealth has decreased by more than half this year to $11 billion, and the decline has sped up this week as a result of her Country Garden, China's largest real estate developer, saying that it needs to sell shares at a discount. The stock as a result has decreased to its lowest level since 2016.

Jindal was born in Tinsukia, Assam. In the 1970s, she wed Om Prakash Jindal, the company's founder. She was named chairwoman of the Jindal Group soon after her husband, the company's founder, perished in a helicopter accident in 2005. Along with making steel, the company also engages in infrastructure, energy, and cement.

In the 1.4 billion-person nation of India, Jindal, 72, is the tenth wealthiest person and the richest woman.

Jindal's net worth has experienced substantial swings in recent years. As a result of Russia's invasion of Ukraine in April 2022, the Covid-19 pandemic's worth increased from $3.2 billion in April 2020 to $15.6 billion.

Along with his business ventures, the billionaire of Indian descent is involved in politics. She is a member of the Indian National Congress political party. She worked as a minister in the Haryana government and was elected to the Haryana Vidhan Sabha on behalf of the Hisar district. In the 2014 Haryana assembly elections, she lost the contest for the seat.

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