Summary List Placement
India is home to 118 billionaires, according to Forbes’ Real-Time Billionaires list — and most of them are men.
The top spot goes to Mukesh Ambani, the 63-year-old chair of the $88 billion conglomerate Reliance Industries. Ambani is worth $88.6 billion and ranks as the richest person in Asia and the fifth-richest in the world.
But five women rank among India’s billionaires. The country’s richest woman is Savitri Jindal, the 70-year-old chair of multibillion dollar conglomerate Jindal Group, which was founded by her late husband. Jindal is worth $7.1 billion, making her the 12th-richest person in India.
The list of India’s female billionaires also includes the heads of pharmaceutical, software, and consumer goods companies.
Here are the five richest women in India, who preside over a cumulative $18 billion fortune.
SEE ALSO: An Indian businessman just became the first Asian member of the world’s 10 richest people. Meet the Ambanis, who live in a $1 billion skyscraper and mingle with royals and Bollywood stars.
SEE ALSO: The 15 richest people in India, ranked
5. Radha Vembu
Net worth: $1.2 billion
Source of wealth: technology
Vembu holds a majority stake in software company Zoho Corp, which was cofounded by her older brother in 1996.
4. Smita Crishna-Godrej
Net worth: $2.3 billion
Source of wealth: consumer goods
Godrej owns a one-fifth stake in the family-run $4.7 billion consumer goods giant Godrej Group, which makes products including appliances and furniture.
3. Leena Tewari
Net worth: $3 billion
Source of wealth: pharmaceuticals
Tewari is the chair of the privately held, Mumbai-based pharmaceutical company USV, which was founded by her late father and brings in $449 million in annual revenue.
2. Kiran Mazumdar-Shaw
Net worth: $4.4 billion
Source of wealth: biotech
Mazumdar-Shaw is India’s richest self-made woman after founding what is now the largest biopharmaceutical firm in India — Biocon — in 1978.
1. Savitri Jindal
Net worth: $7.1 billion
Source of wealth: steel
Jindal is the chair of Jindal Group, a company with interests in steel, power, cement, and infrastructure that was founded by her late husband, Om Prakash Jindal.
Source:: Business Insider