Thread by @BiIndia

India’s richest woman #SavitriJindal’s net worth ballooned by $12 billion in just two years

businessinsider.in/thelife/person…

By @VaamanaaSethi

Matriarch of #JindalSteel, who took over her husband’s throne after his death in a helicopter crash in 2005, has seen her fortune rise by at least $12 billion in two years.

As of July 18, her net worth stands at $10.5 billion, as per Bloomberg Billionaire index.

#SavitriJindal

#SavitriJindal's net worth has more than tripled to $17.7 billion in 2022, from $4.8 billion in 2020. However, 2019 and 2020 weren’t good, as her net worth declined by almost 50% from $8.8 billion in 2018 to $5.9 billion in 2019 to $4.8 billion in 2020.

#SavitriJindal controls her husband's stake in the O.P. Jindal Group, share in each company will be transferred to the son heading it when she dies, according to exchange filings, reflecting her status as matriarch.

According to a @Forbes report, Jindal broke into the top 10 club for the first time with a net worth of $18 billion in 2021, up from $6.6 billion a year ago.

However, she has been the richest woman in India for a couple of years now.

#JindalSteel #SavitriJindal

#SavitriJindal was a minister in the Haryana Government and a member of the Haryana Vidhan Sabha from Hisar constituency. She lost the seat in elections held in 2014 for the Haryana assembly. She is now a member of the Indian National #CongressParty.

#JindalSteel

#SavitriJindal never went to college. And didn’t even know how much her billionaire husband made, mostly because she never even asked.

Although she is the chairperson of the OP Jindal Group, the company is actually run by her four sons — Prithviraj, Sajjan, Ratan and Naveen.