Savitri Jindal’s Net Worth

Savitri Jindal’s Net Worth

Indian philanthropist and businesswoman Savitri Jindal, who is leading a business empire and making large financial commitments to healthcare and education.

By Joseph White

Published Oct 14, 2024

Savitri Jindal’s Net Worth

Table of Contents

  • What is Savitri Jindal's Net Worth?
  • Savitri Jindal’s claim to fame
  • What businesses does Savitri Jindal own?
  • How does Savitri Jindal spend her billions?
  • How many houses does Savitri Jindal own?
  • How big is Savitri Jindal’s car collection?

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 BirthMarch 20, 1940
Place of BirthAssam, India
GenderFemale
Height5’4″
ProfessionBusinesswoman, Politician
NationalityIndian
MarriedWidowed
Children9
No. of Houses1+
No. of Cars1+
No. of Awards1

What is Savitri Jindal's Net Worth?

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.


Savitri Jindal’s claim to fame

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?

Savitri Jindal's business portfolio

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's real-estate portfolio

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's charitable contributions

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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