After her husband Om Prakash Jindal passed away unexpectedly in 2005, Savitri Jindal, the richest woman in India, assumed control of his steel and power empire. In just the last two years, Savitri Jindal’s net worth increased by a staggering $12 billion. Jindal is the richest woman in India with a net worth of $18 billion. She is also the only female in the top 10 of Forbes’ list of the richest Indians for 2021.
Between 2020 and 2022, Savitri Jindal’s net wealth more than tripled, from $4.8 billion to $17.7 billion. Savitri Jindal had an increase in wealth in the first half of 2021, just like a lot of other billionaires.
Examine the incredible tale of Savitri Jindal, the lady who emerged from the household shadow to lead a thriving business empire.
Furthermore, Savitri Jindal is a fantastic example of a woman in a self-described man’s world.
Today’s we share the journey of Savitri Jindal, one of the few Indian housewives having stepped out of the domestic threshold only to enter the family business and became one of the world’s wealthiest women on Forbes billionaire list 2018.
Savitri Jindal Info
| Date of Birth | 20 March 1950 |
| Age (as of 2023) | 73 Years |
| Birthplace | Tinsukia, Assam |
| Zodiac sign | Pisces |
| Nationality | Indian |
| Hometown | Tinsukia, Assam, India |
| Educational Qualification | Diploma |
| Religion | Hinduism |
| Address | R/O Jindal House, OP Jindal Marg. Model Town, Hisar |
| Hobbies | Reading, Cooking |
| Controversy | In 2014, Savitri Jindal filed a complaint against media mughal Subhash Chandra, CEO of Zee News Samir Ahulwalia for airing “false” news on their channel and tarnishing her image in the public. |
| Relationships & More | |
| Marital Status | Widowed |
| Marriage Date | 1970 |
| Husband/Spouse | Om Prakash Jindal (m. 1970; div. 2005) (until his demise) (an Engineer) |
Who is Savitri Jindal?
Indian businesswoman Savitri Jindal serves as chairman of Jindal Ground. She is the richest Asian woman, having amassed more wealth via her own venture. She is also the president of Maharaja Agrasen Medical College in Agroha. Jindal was a minister in the Haryana government. She also took part in the Vidhan Sabha of Haryana. Significant seat losses were incurred by Savitri in the 2014 Haryana Assembly election.
Early Life and Background of Savitri Jindal
The birthdate of Savitri Jindal is March 20, 1950. She was born in Assam’s Tinsukia. She was a citizen of India. According to her horoscope, she is a Pisces. She follows the Hindu faith. As of 2021, she is the richest lady in India and is projected to rank among the Top 6 Richest Women.
Savitri Jindal Assets
- Bank Deposits – 7.5 CroreBonds, Debentures, Shares- 37 CroreNSS, Postal Savings – 26.5 LakhLIC insurance- 1 LakhJewellry – 10.5 Crore
- Agricultural Land – 3720 Sq Ft- 3 Crore118.73 Sq ft area in Hisar – 2 CroreResidential Building in Hisar 138438 Sq Mtr total 53.5 Crore
Savitri Jindal Career
- She was elected to the Haryana Vidhan Sabha in 2005 from the Hissar seat. On October 29, 2013, she was elected to the seat once more after her 2009 election. She was the Minister of State for Emergency Management, Restructuring, Reconstruction, and Housing in the previous administration. She also held the position of Minister of State for Local Urban Bodies and Housing.
- In 1970, she wed Om Prakash. Prakash Jindal founded the Jindal group. As a minister in the Haryana Vidhan Sabha, Savitri represents the Hisar Constituency. Significant seat losses were incurred by Savitri in the 2014 Haryana Assembly election. Following her husband’s death, she became the Jindal group’s chairperson. She was also a member of the INC political party. Among the top 16 richest entrepreneurs, she is one of the wealthiest women.
Savitri Jindal Family, Children
She married Om Prakash Jindal in 1970. The helicopter crash claimed the life of O.P. Jindal. Pruthviraj Jindal, Ratan Jindal, Sajjan Jindal, and Naveen Jindal are her four children. The Jindal group is managed by all of them. She has 5 more children.
Savitri Jindal Net Worth
| Net Worth | 28.9 Billion USD |
| Nationality | Indian |
| Major Source of Wealth | Steel |
| Marital Status | Widowed |
Savitri Jindal Net Worth and Earning Assets 2023
Here’s a breakdown of some of her key earning assets:
- JSW Group: As chairperson of the OP Jindal Group, a conglomerate encompassing steel, energy, cement, and infrastructure, Savitri Jindal’s wealth is primarily derived from the group’s success. The JSW Group has witnessed significant growth in recent years due to factors like strong demand for steel in India and strategic investments.
- Listed Companies: The JSW Group has several publicly traded companies that contribute to Savitri Jindal’s wealth, including JSW Steel, Jindal Steel & Power, JSW Energy, JSW Saw, and JSW Holdings. The performance of these companies directly impacts her net worth.
- Non-listed Assets: Beyond the publicly traded companies, the JSW Group also holds several non-listed assets, including JSW Infrastructure (a builder of ports, shipyards, and repair facilities) and JSW Cement. These assets also contribute to Savitri Jindal’s overall wealth, although their values are less readily available.
Savitri Jindal Houses And Real Estate Properties
Savitri Jindal possesses a portfolio of real estate worth Rs. 74 lakhs for a residential property in the Hisar Urban Estate, Rs. 49.42 lakhs for agricultural land in Raigarh and Maharashtra, and Rs. 24.71 crores for a palatial residence on O.P. Jindal Marg, Hisar. This information is according to Wealthy Matters.
The Jindal Family also owns a property in Delhi’s Lutyens Bungalow Zone, valued at an astounding 150 crores.
Journey to the Woman Behind India’s Steel Empire
- Before taking over the Jindal Group, Savitri Jindal spent 36 years at home and did not work. Savitri Jindal’s biography states that she dedicated herself to homemaking during this time in her life.
- She was born in 1940 and wed the founder of the Jindal Group, Om Prakash Jindal, in 1970. Over the years, Savitri—a mother of nine children who had no formal education or career goals—became an indispensable figure in her husband’s business.
- The company began as a bucket manufacturer in 1952 and gradually grew into a significant steel and power corporation.
- Significantly, Savitri stayed indoors for 36 years and didn’t work in the public or private sector. This was before to her spouse’s demise in 2005. After his death, Savitri Jindal became the Jindal Group’s leader and inherited his wealth.
- She had several obstacles to overcome in overseeing the company’s various companies. Acquiring complete knowledge of the industry was made mandatory. She had trouble with things like rules, competitiveness, accepting new ideas, and maintaining business operations.
- She served in the Haryana government while simultaneously taking on the duties of managing the company and providing for her family. Savitri persisted in following her vision and ideals in the face of opposition and criticism.
- In order to boost her fortune and draw in new clients, Savitri Jindal subsequently diversified her assets in addition to growing her company into sectors like infrastructure, mining, oil, and gas, as well as cement and mining.
- She also created and supported a number of educational institutions, such as O.P. Jindal Global University, O.P. The Jindal University, and O.P. Jindal Community College, which helped the country advance.
- She also spearheaded campaigns advocating for women’s autonomy. JSW Saksham, JSW Pragati, and JSW Udaan are a few instances.
Interesting Facts About Savitri Jindal
Savitri Jindal did not leave the house or pursue a career for 36 years before becoming the chairman of the Jindal Group
According to Savitri Jindal’s biography, she did not leave the house or seek a career for 36 years prior to becoming the head of the Jindal Group. She was born in 1940 and wed the founder of the Jindal Group, Om Prakash Jindal, in 1970.
With nine children and no formal education or career aspirations, Savitri was a stay-at-home mother who devoted her life to helping her husband and his business, which began as a bucket manufacturer in 1952 and eventually grew into a significant steel and power corporation.
Importantly, until her husband’s untimely death in a helicopter crash in 2005, Savitri abstained from leaving her home and from participating in any public or professional activity for 36 years.
Savitri Jindal was the world’s fourth richest mother in 2010 and the only billionaire with nine children
With a net worth of $12.2 billion in 2010, Savitri Jindal ranked as the fourth richest mother in the world, according to Forbes. Even though she had nine children, she was the only billionaire on the list.
They go by the names of Seema Jajodia, Urmila Bhuwalka, Sarika Jhunjhunwala, Nirmala Goel, Rekha Jindal, Naveen Jindal, Prithviraj Jindal, and Ratan Jindal.
Savitri Jindal owns shares in many publicly traded firms within the group
Some of these trading groups are:
- JSW Steel: One of India’s largest steel manufacturers.
- Jindal Steel & Power: An Indian and African steel and power enterprise.
- JSW Energy: It is a power generation and transmission company with a diverse portfolio of thermal, hydroelectric, and renewable energy sources.
- Jindal Saw: Producers and suppliers of pipes and tubes for a variety of applications.
- Jindal Stainless: Manufacturers of stainless steel and alloys.
- JSW Holdings: An investment firm that owns stock in several group firms.
Her four sons and five daughters are all interested in business and politics.
Establishing Numerous Educational Institutions
Savitri Jindal is intimately involved with the social projects that the company undertakes. She has contributed to the establishment and smooth running of multiple educational establishments. She established numerous educational institutions, including as:
- JGU (O.P. Jindal Global University): It is a private institution located in Sonipat, Haryana, that provides courses in law, business, foreign affairs, public policy, liberal arts, and media.
- O.P. Jindal University: This is a private university in Raigarh, Chhattisgarh, offering engineering, management, and law studies.
- O.P. Jindal Community College: It’s a vocational training college with campuses around India that offers courses in welding, plumbing, electrical, and other trades.
Importantly, these schools enable thousands of students to pursue a great education while also improving their skills.
Engaged in Social Causes Actively
The JSW Group’s social arm, the JSW Foundation, is another organization in which Jindal is heavily involved. It was founded in 1989 as the Jindal Education and Medical Trust and later changed its name. It offers rural residents access to sports, the environment, health, education, and the arts. Interestingly, the group helps a million impoverished people in eleven states and fifteen districts.
In addition, the organization finances a number of educational establishments, such as O.P. The Jindal Community College, O.P. Jindal University, and O.P. Jindal Global University. It also oversees programs for women’s empowerment such JSW Saksham, JSW Pragati, and JSW Udaan, among others.
In addition to improving livelihood, education, and agriculture for about 130,000 rural children, 16,000 farmers, and 10,000 women, it also improves sanitation by constructing 7,500 toilets in villages. Significantly, the nonprofit helps 200,000 underprivileged individuals enroll in government programs.
She served as a minister in the Haryana Govt. from 2005 to 2014
From 2005 to 2014, Savitri served as a minister in the Haryana government. Her late husband, Om Prakash Jindal, had previously represented the Hisar district when she was elected to the Haryana Vidhan Sabha in 2005. Savitri Jindal was re-elected to the region on October 29, 2013, and in 2009.
She became a cabinet minister of the Haryana government. She served as the Minister of State for Consolidation, Rehabilitation, Housing, and Revenue and Disaster Management in the previous ministry. In addition, Savitri Jindal held the position of Minister of State for Housing and Urban Local Bodies.
She surpassed China’s Yang Huiyan to become Asia’s richest woman in 2022
She surpassed Yang Huiyan of China in 2022 to become the richest woman in Asia. Huiyan is the owner of Country Garden Holdings, the largest real estate firm in China. But in 2022, her income dropped to $11 billion from $24 billion, a more than half increase.
This occurred as a result of issues with China’s real estate market and new regulations that harm the nation’s builders, particularly her business. Significantly, Yang Huiyan has held the title of richest woman in Asia since 2017.
Savitri Jindal, on the other hand, has managed to become one of the wealthiest individuals in Asia and India despite numerous issues with the global economy.
Important Achievements
On December 20, Savitri Jindal, the richest woman in India, overtook Ambani and Adani in terms of wealth growth. Savitri Jindal surpassed Mukesh Ambani, Gautam Adani, and other Indians to achieve the most net-worth growth in the preceding calendar year, according to the Bloomberg Billionaires Index.
Over the previous year, she made USD 9.6 billion more money. With a USD 25 billion total net worth, she is currently the fifth richest person in India, barely ahead of Azim Premji of Wipro.
Her contribution to the Jal Jeevan Mission (JJM), a hallmark program of the federal government, which aims to supply piped water to every rural family by 2024, was significant.
Under the Jal Jeevan Mission, Haryana reached the goal of having 100% of its households have access to clean tap water by 2020–21. Savitri was a very effective politician during the duration of her tenure.
Savitri continues to carry out her husband’s vision of helping people by providing them with clean water, healthy living conditions, and education. She does this via various organizations and charitable giving. Crucially, these organizations and nonprofits also support initiatives like improving villages.
Giving women more authority, imparting new skills, and providing aid in the wake of calamities are a few examples. O.P. The Jindal Education Trust (OPEXT), O.P. Jindal Health Trust (OPHT), O.P. Jindal Foundation (OPJF), and other organizations are a few of these groups.
She won an award in 2008 from a women’s organization for promoting women’s freedom. Since then, though, Savitri Jindal has used the Jindal Foundation to fund numerous initiatives that empower women and other marginalized groups.
Her success as a businesswoman and leader motivates a lot of women by demonstrating to them how to take charge and overcome obstacles. The award given to Savitri Jindal is evidence of her steadfast commitment to women’s empowerment and the impact she has had on numerous lives.
Savitri Jindal, The Woman Who Held Her Own In A ‘Man’s World’ & Went On To Create An Empire Like No Other
After her husband Om Prakash Jindal passed away unexpectedly in 2005, Savitri Jindal, the richest woman in India, assumed control of his steel and power empire. In just the last two years, Savitri Jindal’s net worth increased by a staggering $12 billion. Jindal is the richest woman in India with a net worth of $18 billion. She is also the only female in the top 10 of Forbes’ list of the richest Indians for 2021.
Between 2020 and 2022, Savitri Jindal’s net wealth more than tripled, from $4.8 billion to $17.7 billion. Savitri Jindal had an increase in wealth in the first half of 2021, just like a lot of other billionaires.
Examine the incredible tale of Savitri Jindal, the lady who emerged from the household shadow to lead a thriving business empire.
And Savitri Jindal, the Chairperson Emiretus of Jindal Steel & Power Limited, is a fantastic example of a woman in what she considers to be a man’s world.
Today, we’ll follow the story of Savitri Jindal, one of the few Indian housewives who crossed the domestic boundary to join her family’s business and rise to the top of Forbes’ 2018 billionaire list as one of the wealthiest women in the world.
Savitri Jindal’s journey
Savitri Devi Jindal was born on March 20, 1950, and raised in the upper Assamese village of Tinsukia. In the 1970s, Savitri Jindal wed OP Jindal, the man who had started the steel and electricity company known as the Jindal Group. OP Jindal represented the Hisar constituency in the Haryana Vidhan Sabha and served as a minister in the Haryana government.
When her husband, Om Prakash Jindal, the founder of the Jindal Group, died in a helicopter crash in 2005, the mother of nine children was fifty-five years old. Following her husband’s unexpected death, Savitri Jindal stepped into a whole different world. She became a billionaire, a politician, and a social crusader at a time when most grey-haired individuals were planning to retire from their jobs or their homes.
The rise and rise of Jindal Group
A conglomerate of enterprise, the Jindal group took great satisfaction in its modest beginnings. Born on August 7, 1930, into a farming family in the town of Nalwa in Haryana, the late Om Prakash Jindal created the Jindal empire from the ground up.
When he founded a tiny bucket manufacturing company in Hisar at the age of 22, he made his first move into the business world. In 1964, he went on to create Jindal India Limited, a company that produced pipes. The Jindal patriarch established his first large factory in Calcutta five years later, marking the start of the group’s storied history.
Jindal Saw Limited, JSW Steel, Jindal Stainless Steel Limited, and Jindal Steel and Power Limited are a few of the Jindal group’s leading businesses.
An outstanding personality with strong values
Following the unexpected demise of OP Jindal in 2005, Savitri Jindal—a remarkable individual with unwavering moral principles—is dedicated to carrying on her father’s ideals. Motivated by her compassionate approach to business, the conglomerate created leadership roles in many industries, and the group’s turnover quadrupled after she assumed the chairmanship. Several group companies bought mines in Mozambique and Chile in order to develop abroad.
Following in her husband’s footsteps, Savitri Jindal started her own business before entering politics. She ran on the Congress platform for the Haryana assembly seat and was victorious twice, in 2005 and 2009.
She was appointed as a minister twice in the government of Bhupinder Singh Hooda. She served in these capacities, holding the positions of minister of state for revenue, housing, disaster relief, and rehabilitation in 2006 and minister for urban local bodies in 2013.
One Of The Richest Women
One of the wealthiest ladies in the nation, the matriarch of the Jindal Group was named the fourth richest mother in the world by Forbes magazine in 2010.
“Where others saw walls, he saw doors” is her late husband OP Jindal’s success slogan. Savitri Jindal is using it to propel the Jindal Group ahead and even to assist the average person in any manner that she can.
In addition to her involvement in politics and business, Savitri Jindal is a keen supporter of charitable endeavors that aid the underprivileged. She has built and successfully managed educational and healthcare facilities for the Jindal Group.
Savitri Jindal, who is 71 years old, continues to supervise the social welfare initiatives in healthcare and education that the founder of the Jindal Group started for the underprivileged and industrial workers. She does not lose sight of the need to maintain harmony and integrity within her family among her grandchildren and children.
About Savitri Jindal & Family
- Jindal Group, whose interests include steel, power, cement and infrastructure, is chaired by Savitri Jindal, widow of founder Om Prakash Jindal.
- Upon O.P. Jindal’s death in 2005 in a helicopter crash, the group’s companies were divided among his four sons, who now run them independently.
- The biggest assets of the group are overseen by her Mumbai-based son Sajjan Jindal, who runs JSW Steel, among much else.
- In September 2023, Sajjan Jindal took ports arm JSW Infrastructure, public.
- Jindal’s younger, Delhi-based son, Naveen, manages Jindal Steel & Power.
Jindal Group’s Beginning (founded)
Savitri Jindal’s husband Omprakash Jindal in O.P. Jindal Group was founded. Along with this, Om Prakash Jindal was also a member of Haryana Legislative Assembly. O.P. The Jindal Group was incorporated in 1952, and was then named Jindal (India) Limited. This company is engaged in steel, mining, Work was going on in the fields of cement, oil, electricity etc.
Died – Om Prakash Jindal passed away in the year 2005 during a helicopter crash. Since then Omprakash Jindal’s wife Savitri Jindal took over the business and became the chairman of the group.
Savitri Jindal’s Political Career
Jindal was selected to represent her late husband Om Prakash Jindal’s Hisar constituency in the Haryana Vidhan Sabha in 2005. The Haryana government appointed her as a cabinet member on October 29, 2013, after she was re-elected to the seat in 2009.
In the previous administration, she had served as both the Minister of State for Revenue and Disaster Management, Consolidation, Rehabilitation, and Housing, as well as the Minister of State for Urban Local Bodies and Housing.
Savitri Jindal Awards and Honors
- Received Acharya Tulsi Duty Award by Akhil Bharatiya Terapanth Mahila Mandal in 2008.
- In 2018 she was the richest Indian woman in the Forbes list.
- In 2013, she was also on the post of cabinet minister in Haryana government.
- In 2022 she was declared the richest woman in Asia.
Mukesh Ambani beats Savitri Jindal as top wealth gainer of 2023, adds $10 billion to net worth
Savitri Jindal lost to Mukesh Ambani as India’s wealthiest person, gaining $10 billion to his net worth in 2023.
Reliance Industries chairman Mukesh Ambani has increased his net worth by $10 billion this year, surpassing the wealthiest person in 2023—the matriarch of the Jindal family, Savitri Jindal—according to Moneycontrol, which used Bloomberg figures.
This year, Reliance Industries shares spiked by 9%, and Jio Financial Services stock became public following the de-merger, contributing to Mukesh Ambani’s $9.98 billion fortune gain. With this, Ambani maintains his position as the richest individual in India with a total net worth of $97.1 billion.
Savitri Jindal, the former chairperson of OP Jindal Group, was formerly the year’s biggest income gainer. Shiv Nadar, the founder of HCL, is ranked second on the list. His net worth increased to $34 billion this year, thanks to a $41% increase in HCL shares. Nadar made $9.47 billion in profit this year.
Savitri Jindal, whose net worth increased by $9 billion this year, is the third person on the list. Jindal is the richest woman in India, with a net worth of $24.7 billion, primarily derived from her group firms, which include Jindal Steel, Jindal Steel and Power, and Jindal Energy.
Top Wealth Gainers Of 2023
- Mukesh Ambani (Reliance) – gained $9.98 billion
- Shiv Nadar (HCL) – gained $9.47 billion
- Savitr Jindal (Jindal Steel) – gained $9 billion
- Kushal Pal Singh (DLF) – gained $7.83 billion
- Shapoor Mistry (Shapoorji Pallonji Group) – $7.41 billion
Savitri Jindal, whose net worth increased by $9 billion this year, is the third person on the list. Jindal is the richest woman in India, with a net worth of $24.7 billion, primarily derived from her group firms, which include Jindal Steel, Jindal Steel and Power, and Jindal Energy.
The second-richest individual in India, Gautam Adani of the Adani Group, however, lost the most money this year. Earlier this year, Adani’s overall net worth surpassed Ambani’s to become the richest man in India, topping $110 billion. But his net worth dropped to $83.2 billion after a significant wealth loss of more than $37 billion.
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