HomeWorld BillionairesSavitri Jindal's Billion-Dollar Inheritance and Legacy

Savitri Jindal’s Billion-Dollar Inheritance and Legacy

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Savitri Jindal is a well-known Indian politician and entrepreneur. She is the Chairperson of the Jindal Group, a steel, power, cement, and infrastructure business. Jindal has been named one of India’s wealthiest women and has received various honors for her achievements to business and society. She has also served in the Haryana Legislative Assembly and has been involved in charity, notably in education and healthcare.

Notable Achievements

In 2016, Savitri Jindal was ranked as the 16th-richest person in India and the wealthiest woman in the country, with a net worth exceeding $4.0 billion. She was also listed as the 453rd-richest individual in the world. Additionally, Jindal holds the distinction of being the seventh-richest mother globally and is actively involved in supporting charitable causes that her husband initiated. For her accomplishments, Jindal was awarded the Acharya Tulsi Kartritva Puraskar by the Akhil Bhartiya Terapanth Mahila Mandal in 2008.

How did Savitri Jindal become rich?

Savitri Jindal became wealthy through her leadership of the Jindal Group, a conglomerate with interests in steel, power, cement, and infrastructure. She inherited the business from her late husband, Om Prakash Jindal, and successfully expanded it through strategic vision, innovation, and hard work. Additionally, Jindal’s commitment to philanthropy and social causes has helped her build a positive reputation and contribute to the betterment of society. Her net worth is estimated at over $5 billion, making her one of the wealthiest women in India and the world.

O.P. Jindal’s other Businesses

The O.P. Jindal Group owns JSW Infrastructure, which constructs ports, shipyards, and ship repair facilities. To determine its value, they looked at the performance of two other similar companies, Adani Ports and Gujarat Pipavav Port.

The family also owns JSW Cement, which was valued by comparing it to the performance of three other publicly traded cement companies: Shree Cement, Ultratech Cement, and ACC. On February 9, 2023, they updated the financial information used to value JSW Cement, which led to an increase of about $1.3 billion in the family’s total net worth.

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