Savitri Jindal becomes India's seventh richest person, surpassing Lakshmi Mittal

Savitri Jindal, the esteemed Chairperson Emeritus of OP Jindal Group, has ascended to become the seventh richest person in India, surpassing the renowned steel tycoon Laxmi Niwas Mittal.

Jindal, recognized as the wealthiest Indian woman, witnessed a significant surge in her net worth over the past year, marking a remarkable financial achievement.

"Over the past year, Savitri Jindal's net worth has seen a substantial increase, soaring by an impressive US$4.82 billion, bringing her total wealth to an impressive US$18.7 billion."

This surge reflects an approximate 35% rise from the previous year, propelling her to the 82nd position in the global wealth rankings. In contrast, Laxmi Niwas Mittal's current net worth stands at US$17.2 billion, securing him a worldwide rank of 98 and the tenth position in India's wealth hierarchy.

Global Wealth Rankings and India's Wealthiest:

The renowned Mukesh Ambani continues to maintain his status as the wealthiest Indian, leading the charts. Gautam Adani, initially the third richest globally, has faced a downturn in fortunes after allegations of stock manipulation by US-based short seller Hindenburg Research. Shapoor Pallonji Mistry, Shiv Nadar, and Azim Premji secure positions in the top 5.

"The list further includes Cyrus Poonawalla, Savitri Jindal, Dilip Shanghvi, Radhakishan Damani, and Laxmi Mittal in the upper echelons of India's wealthiest individuals."

Financial Insights and Noteworthy Trends:

Savitri Jindal's remarkable ascent in wealth signifies her prominent position not only in India but globally. The dynamic nature of wealth rankings is evident as fortunes fluctuate, impacting individuals like Gautam Adani.

Some relevant and latest facts for the news article

• According to the Forbes Real-Time Billionaires List, Savitri Jindal's net worth is currently estimated at $18.7 billion, while Lakshmi Mittal's net worth is estimated at $17.2 billion. This makes Jindal the seventh richest person in India and Mittal the tenth richest person in India.

• Jindal's net worth has increased by over 35% in the past year, while Mittal's net worth has decreased by over 20% in the past year. This is likely due to a number of factors, including the strong performance of Jindal's OP Jindal Group and the recent decline in the global steel industry.

• Jindal's rise to the seventh richest person in India is a significant achievement, as she is the first woman to hold this position. She is also one of the few self-made billionaires in India.

• Jindal's success is a testament to the growing economic opportunities for women in India. The country has seen a significant increase in the number of female entrepreneurs and business leaders in recent years.

• Jindal's achievement is also a sign of the growing strength of the Indian economy. The country is now the world's fifth largest economy by GDP, and it is expected to continue to grow in the coming years.

Here are some additional facts about Savitri Jindal:

• Savitri Jindal is the Chairperson Emeritus of OP Jindal Group, one of India's largest conglomerates with interests in steel, power, mining, and cement.

• She is also the founder and chairperson of the Jindal Foundation, a charitable organization that supports education, healthcare, and rural development initiatives.

• Jindal is a recipient of numerous awards and honors, including the Padma Bhushan, one of India's highest civilian awards.

• She is a role model for women entrepreneurs and business leaders around the world.