Savitri Jindal Net Worth: Steel Magnate Soars as India's Wealthiest Woman in 2023

Steel Magnate Savitri Jindal Outshines Billionaires, Soars as India's Richest Woman in 2023! Uncover her $9.6 billion wealth surge, Ambani's steady reign, and Adani's surprising loss - Inside the Indian billionaire rollercoaster!

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Savitri Jindal, India’s richest woman, has witnessed a huge rise in her fortune in 2023, and solidified her position as a financial powerhouse of the subcontinent. Savitri's wealth increased by a staggering $9.6 billion this year, she has surpassed even the established titans of Indian industry, leaving even Mukesh Ambani and Gautam Adani behind. The total worth of Savitri Jindal in 2023 is ₹199,656 crore. 

Who Is Savitri Jindal? 

Savitri Jindal, the current chairperson of the OP Jindal Group and India's richest woman was born in Assam in 1950, Savitri Devi Jindal started out on a path far removed from the skyscrapers and boardrooms she navigates today. 

While figures like $4 billion net worth and the 16th richest Indian in 2016 (as per 2016 data) are impressive, they only scratch the surface of her story. Savitri wasn't born into a life of privilege; it was her dedication and unwavering spirit that propelled her to the forefront of Indian business. She began her journey as a homemaker, raising their nine children while her husband built the JSW Group. But she wasn't just a bystander; she absorbed the workings of the business, becoming a trusted advisor and confidante.

Tragedy struck in 2005 when OP Jindal succumbed to a helicopter crash. Thrust into the leadership position at the helm of a massive empire, Savitri, then 55, rose to the challenge with unwavering grace and resolve. Despite her lack of formal business training, she embraced her responsibility, demonstrating an innate wisdom and sharp acumen that surprised many.

Under her leadership, the JSW Group has witnessed tremendous growth and diversification. Savitri's strategic decisions, a blend of calculated risk-taking and astute financial management, have propelled the company into new ventures like infrastructure and cement, solidifying its position as a major player in the Indian economy. Her success isn't merely measured in profit margins; it translates to thousands of jobs created, millions invested in social welfare projects, and a renewed sense of confidence in the power of female leadership.

Beyond the boardroom, Savitri Jindal is a beacon of philanthropy. She actively supports education through institutions like the Maharaja Agrasen Medical College, empowers women through various initiatives, and contributes generously to healthcare and rural development projects. Her unwavering commitment to giving back underscores her belief in building a more equitable and prosperous India.

Savitri Jindal Early Life And Career 

In 2005, stepping into the shoes of her late husband, Om Prakash Jindal, she embarked on a new chapter in her life - stepping into the political arena. She was elected to the Haryana Vidhan Sabha, the state legislative assembly, representing the Hisar constituency, a seat her husband had held for years.

This wasn't merely a symbolic gesture; Savitri actively carved her own path in the political landscape. In 2009, she secured re-election, demonstrating her appeal and connection with the constituency. Her dedication further shone through when she was appointed Haryana's cabinet minister in 2013.

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 

According to Wealthy Matters, Savitri Jindal's real estate portfolio includes agricultural land valued at Rs. 49.42 lakhs in Raigarh and Maharashtra, a residential house in Hisar's Urban Estate valued at Rs. 74 lakhs, and a grand residence on O.P. Jindal Marg, Hisar, valued at Rs. 24.71 crores.

The Jindal Family also have a house in Lutyens Bungalow Zone in Delhi which is priced at a whopping 150 crores.