Savitri Jindal
Chairperson Emerita of the O.P. Jindal Group
Current Networth - $40.4 Billion
Personal Stats
| Name | Savitri Jindal |
|---|---|
| Role | Businesswoman and Politician |
| Industry | Steel and Energy |
| Net Worth | $40.4 Billion |
Related People
Table of Contents
- About Savitri Jindal
- Businesses Owned
- Early Life
- Family
- What Is Savitri Jindal's Net Worth?
- What Is Savitri Jindal’s Claim To Fame?
About Savitri Jindal
Born on March 20, 1940, she is the widow of Om Prakash Jindal, the founder of the Jindal Group, a major conglomerate with interests in steel, power, mining, and infrastructure. Following her husband's death in 2005, Savitri Jindal took over the reins of the Jindal Group and has been instrumental in its continued growth and success. In addition to her role in the business world, she has also been active in politics, serving as a member of the Haryana Legislative Assembly and as a minister in the Haryana government from 2013 to 2014. Savitri Jindal's leadership and dedication have not only propelled the Jindal Group to new heights but also earned her a place among the most powerful women in business and politics in India.
Businesses Owned
Jindal Steel and Power Limited (JSPL)
Jindal Stainless Limited (JSL)
Jindal Saw Limited
Jindal Power Limited
Jindal Shadeed Iron and Steel
Jindal Worldwide Limited
Jindal Aluminium Limited
Jindal Poly Films Limited
Jindal India Thermal Power Limited
Early Life
Details about Savitri Jindal's early life beyond what is publicly available
- Savitri Jindal was born Savitri Devi Narnoli in Tinsukia, Assam, on March 20, 1940.
- She married Om Prakash Jindal, who was at that time building his business empire.
- Om Prakash Jindal founded the Jindal Group, initially starting with a small pipe unit in Hisar, Haryana.
- Savitri Jindal played a crucial role in supporting her husband's endeavors, focusing on managing the household and raising their nine children while he expanded the business.
- Savitri Jindal's early life revolved around familial duties and supporting her husband's burgeoning business career.
- Her role expanded as the Jindal Group grew into a diversified conglomerate involved in steel, power, mining, and infrastructure sectors.
- Following her husband's untimely death in a helicopter crash in 2005, Savitri Jindal took on a more active role in overseeing the family's business interests.
- Today, Savitri Jindal is recognized as one of India's wealthiest women and a prominent figure in the corporate world.
- She has been involved in philanthropic activities and continues to oversee the expansion and diversification of the Jindal Group, ensuring its growth and sustainability.
Family
Her family hailed from a modest background, and she grew up with traditional Indian values.
- Her early education was in Assam, where she completed her schooling.
- Savitri Jindal comes from a family-oriented background and has been deeply rooted in familial responsibilities throughout her life. Here are some details about her family life:
- Savitri Jindal married Om Prakash Jindal in 1970. Together, they had nine children: five sons and four daughters. Their family life was centered around supporting her husband's business ventures and raising their children.
- The Jindal family faced a tragic loss when Om Prakash Jindal passed away in a helicopter crash in 2005. This event marked a significant turning point for Savitri Jindal, as she took on a more active role in managing the Jindal Group's affairs and ensuring the continuity of her husband's legacy.
- The Jindal family is a close-knit unit, with strong bonds among its members. Savitri Jindal has played a pivotal role in fostering unity and cohesion within the family, which has been crucial for the continued success and growth of the Jindal Group.
- As the matriarch of the Jindal family, Savitri Jindal has been instrumental in shaping the family's values and guiding principles. Her leadership and dedication to both her family and business have made her a respected figure in India's corporate and social spheres.
Savitri Jindal, the Indian businesswoman and matriarch of the Jindal family, is one of the richest women in Asia. As the chairperson of the OP Jindal Group, a multinational conglomerate with interests in steel, power, mining, and infrastructure, Jindal has expanded her family’s industrial empire since inheriting it from her late husband, Om Prakash Jindal. Under her leadership, the company has seen tremendous growth, driving her wealth to new heights.
We’ll take a closer look at how Savitri Jindal’s leadership of one of India’s largest industrial groups have propelled her to become one of the wealthiest women in the world.
| Net Worth | $40.4 Billion |
|---|---|
| Date of Birth | March 20, 1940 |
| Place of Birth | Assam, India |
| Gender | Female |
| Height | 5’4″ |
| Profession | Businesswoman, Politician |
| Nationality | Indian |
| Married | Widowed |
| Children | 9 |
| No. of Houses | 1+ |
| No. of Cars | 1+ |
| No. of Awards | 1 |
What Is Savitri Jindal's Net Worth?
“As of August 2024, Forbes pegs her net worth at an astounding $40.4 billion, making her one of the world's richest people.”
Savitri Jindal's impressive rise in net worth is a testament to her keen business sense. Her wealth grew by $9.6 billion in 2023, making her the wealthiest woman in India.
Her late husband established the Jindal Group, which now has a market capital of around $118.68 billion, and operates in several industries, including steel, power, infrastructure, and cement. Notable companies under the group's purview include JSW Steel, Jindal Steel & Power, and JSW Energy. The 3rd richest Indian owns a significant value in the shares. Savitri Jindal's move to the Bharatiya Janata Party is a momentous occasion in her remarkable career, which has been marked by tenacity, vision, and a commitment to improving society.
What Is Savitri Jindal’s Claim To Fame?
Savitri Jindal's journey from homemaker to the helm of one of India's largest conglomerates is an inspiring narrative of resilience and determination. Her position as a leading businesswoman in a traditionally male-dominated industry, combined with her strategic business acumen, has enabled Savitri Jindal to maintain and increase her wealth of $40.4 billion significantly over the years.
What Businesses Does Savitri Jindal Own?
Here, we have discussed her investments in each sector in detail –
- JSW Steel: Savitri Jindal has heavily invested in the steel sector, which is the cornerstone of the OP Jindal Group. The company's flagship firm, JSW Steel, is one of the largest steel producers in India. The company's flagship firm, JSW Steel, is one of the largest steel producers in India, with a market value of approximately $25.6 billion. It has expanded its capacity and operations globally, including significant investments in mining activities in Chile and Mozambique. The steel sector accounts for approximately 50% of her net worth, equating to around $16.75 billion.
- Jindal Power Limited and JSW Energy: The Jindal Group has substantial investments in the power sector through Jindal Power Limited and JSW Energy. The company, with a market value of around $14.20 billion, focuses on coal-based and renewable energy projects, contributing significantly to India's power generation capacity. This sector constitutes about 25% of her net worth, translating to around $8.375 billion.
- JSW Infrastructure: The group's involvement in infrastructure projects, including highways, bridges, and other construction projects, has further diversified its portfolio. JSW Infrastructure, with a $8.75 billion market cap, accounts for around 10% of her net worth, approximately $3.35 billion.
How Does Savitri Jindal Spend Her Billions?
Savitri Jindal, the head of the Jindal Group, makes valuable contributions to society through inventiveness, philanthropic endeavors, and smart diversification. She made quite an impression with her charitable donations and social work. However, she refrains from announcing the financial details as the business giant believes charity must be done quietly.
How Many Houses Does Savitri Jindal Own?
Savitri Jindal, the richest woman in India, owns the Jindal House located in the Lutyens Bungalow Zone in Delhi. This property is valued at approximately $20 million and spans 3 acres. The house is a symbol of her significant wealth and status within India.
She also owns residential property in Urban Estate, Hisar, worth $88,391, and a palatial home on O P Jindal Marg, Hisar, valued at around $29.61 million. This businesswoman also owns agricultural land in Raigarh and Maharashtra, valued at approximately $59,030.
How Big Is Savitri Jindal’s Car Collection?
Like any other billionaire, Savitri Jindal, the steel magnet, is fascinated by luxurious cars and owns a lot of high-range cars in her garage. However, she leads a simple life and prefers not to flaunt her assets.
What Are The Charitable Contributions Of Savitri Jindal?
Savitri Jindal is known for her extensive philanthropic efforts, but she refrains from publishing her charitable works in public.
- Om Savitri Jindal Charitable Society: The Om Savitri Jindal Charitable Society is renowned for its social welfare activities, with a significant focus on healthcare and education. Savitri Jindal intends to set up more hospitals, schools, and other community facilities to improve accessibility and quality of life.
- Savitri Jindal Institute of Nursing: Backed by the Om Savitri Jindal Charitable Society, the Savitri Jindal Institute of Nursing stands as a testament to the organization's commitment to improving healthcare education. This institution plays a significant role in influencing the future of healthcare by offering a comprehensive curriculum and cutting-edge facilities.
Sources also claim that she funds a number of humanitarian endeavors via the Savitri Jindal Foundation. This covers financial support for rural development, healthcare, and education. The organization works with underprivileged communities to improve their quality of life through a variety of projects.
What’s Next For Savitri Jindal?
Savitri Jindal's net worth in 2024 stands as a testament to her leadership and the Jindal Group's enduring success. Her journey from homemaker to the helm of one of India's largest conglomerates is an inspiring narrative of resilience and determination. As she navigates the complexities of the global business landscape, her influence and legacy are set to endure, reinforcing her position as a leading figure in the world of business and beyond.
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FAQs
Who is Savitri Jindal?
Savitri Jindal is an Indian businesswoman and the chairperson of the OP Jindal Group, a major conglomerate with interests in steel, power, mining, and infrastructure. She is also a prominent philanthropist and a leading figure in Indian industry.
What is Savitri Jindal's net worth?
As of 2024, Savitri Jindal’s net worth is estimated to be around $40.4 billion, making her the wealthiest women in Asia.
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