Personal Finance

Wealthy women

Arvind Jayaram | Updated on November 19, 2014

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Mukesh Ambani is India’s richest man, but the country’s richest woman is undoubtedly Savitri Jindal, with a personal fortune of $8 billion.

Jindal is the only Indian woman among 20 women worldwide to find a place in the Bloomberg Billionaires Index, a list of the world’s wealthiest people that identifies her as the 15th richest woman on the planet.

Jindal’s wealth is mainly derived from her stake in OP Jindal Group, which she inherited after her husband died in a helicopter crash in 2005. Her sons Prithvi, Sajjan, Ratan and Naveen, manage the family businesses. Their father devised a structure by which each of his four sons would hold a fifth of the family's shareholding in each company, and he would hold another 20 per cent. This meant each son would be in charge of his operation and own a piece of his brothers’ businesses.

But she is not the only woman in the list who can attribute her fortune to an inheritance.

As a matter of fact, all 20 of the women billionaires in the list inherited their wealth, including the world’s richest, Christy Walton, who inherited her stake in Walmart after her husband died in a plane crash.

Published on July 06, 2014

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