Top 5 Richest Women in India 2024

A Look at the Country’s Richest Female Entrepreneurs

As of 2024, the landscape of wealth in India showcases several prominent women who have made significant contributions to various industries. Here is an overview of the top five richest women in India, along with a special mention:

1. Savitri Jindal

Savitri Jindal, aged 74, is the chairperson emeritus of the O.P. Jindal Group, a conglomerate with interests in steel, power, mining, and infrastructure. Following the death of her husband, O.P. Jindal, in 2005, she assumed leadership of the company. Under her guidance, the group’s revenue has quadrupled, solidifying its position as a major player in the industry. In addition to her business acumen, Jindal has been active in politics, serving as a member of the Haryana Legislative Assembly and holding the position of Minister of Power until 2010. As of October 2024, her net worth is estimated at $43.7 billion, making her the richest woman in India.

2. Rekha Jhunjhunwala

Rekha Jhunjhunwala is the widow of the late Rakesh Jhunjhunwala, a renowned investor often referred to as India’s Warren Buffett. Following her husband’s passing, she inherited his substantial shareholdings in various companies, including Titan Company Limited, a leading player in the luxury goods sector. Her net worth is estimated at $7.8 billion, placing her among the wealthiest individuals in the country.

3. Renuka Jagtiani

Renuka Jagtiani is the chairperson and CEO of the Landmark Group, a multinational conglomerate with interests in retail, hospitality, and healthcare. She has been instrumental in expanding the group’s presence across the Middle East, Africa, and India. Under her leadership, the company has diversified its portfolio and strengthened its market position. Her net worth is estimated at $4.8 billion.

4. Anu Aga

Anu Aga is the former chairperson of Thermax, an engineering company specializing in energy and environmental solutions. After the sudden demise of her husband, Rohinton Aga, she took over the reins of the company in 1996. She successfully steered Thermax through challenging times, focusing on sustainable growth and corporate social responsibility. Beyond her corporate achievements, Aga is known for her philanthropic efforts, particularly in education and public health. Her net worth stands at $4.6 billion.

5. Kiran Mazumdar-Shaw

Kiran Mazumdar-Shaw is the founder and executive chairperson of Biocon Limited, a leading biopharmaceutical company based in Bangalore. Starting Biocon in 1978 with a modest capital, she has transformed it into a globally recognized entity in the biotechnology sector. Mazumdar-Shaw is celebrated for her contributions to affordable healthcare and innovation in biotechnology. Her net worth is estimated at $3.9 billion.

Special Mention: Mahima Datla

Mahima Datla is the managing director of Biological E. Limited, a Hyderabad-based biopharmaceutical company specializing in vaccine production. Under her leadership, the company has played a pivotal role in vaccine development and distribution, contributing significantly to public health initiatives. Datla’s family’s net worth is estimated at ₹8,700 crore (approximately $1.2 billion), making her one of the wealthiest individuals in the southern states of Andhra Pradesh and Telangana.

These women exemplify leadership, resilience, and innovation across various sectors, contributing significantly to India’s economic landscape.