India’s Savitri Jindal becomes Asia’s richest woman, surpasses Yang Huiyan
Savitri Jindal took over the reins of the Jindal Group after her husband OP Jindal died in a helicopter crash in 2005
New Delhi: Amid China’s property crisis, Savitri Jindal has left behind Yang Huiyan to become the richest woman in Asia. The property crisis in neighboring China has affected developers in the country, including Huiyan’s firm Country Garden Holdings.
In the Bloomberg Billionaires Index, India’s Savitri Jindal has a net worth of $11.3 billion, thanks to the Jindal Group, renowned for its business across metals and power generation sectors.
However, a sharp decline in assets of Jindal has been noted in July as compared to January.
Who is Savitri Jindal?
Apart from being the richest woman in Asia, the 72-year-old also happens to be the 10th richest person in a country with a population of 1.4 billion.
Savitri Jindal took over the reins of the Jindal Group after her husband and Jindal Group founder OP Jindal died in a helicopter crash in 2005.
The company is the third largest producer of steel in India and operates in the cement, energy, and infrastructure sectors.
Other Women in Index
China’s Fan Hongwei stands on the second rank in the Bloomberg Billionaires Index of China, with assets worth $11.3 billion.
While, the richest woman of Asia in 2021, Yang Huiyan has now come to the third position in the index. Her assets are evaluated to be Rs 87.11 thousand crores ($ 11 billion).