Falguni Nayar, who has a net worth of 57,520 crores, has surpassed Kiran Mazumdar-Shaw of Biocon as the richest among the self-made women in India, according to a list of the country’s wealthiest women published by Kotak Private Banking Hurun.
After the company she started, Nykaa, went public last year, Nayar’s rating on the list increased by nine spots.
With 84,330 crores, Roshni Nadar Malhotra of HCL Technologies continued to hold the title of the richest woman on the list for a second consecutive year.
According to the report, there are about 25 new women on the list this year. The report also notes that since last year, the cut-off wealth needed to appear on the list has increased nearly threefold to 300 crores.
The average fortune of the women on the 2021 list is over 4,170 crore, up from 2,725 crores in the previous year. Even though Biocon’s creator, Shaw, was relocated, her industry, pharmaceuticals, saw the newest arrivals, followed by healthcare and consumer products.
“Over the years, Indian women are slowly yet surely coming into their own – carving a space for themselves through knowledge, excellence, passion, and empathy,” said, the CEO – of private banking,
According to the report, 9 out of 20 women in the 40 or under age group are self-made.
Three qualified managers were also included on the list. The richest professional manager is Indra Nooyi of Pepsico, who has a net worth of 5,040 crores. The youngest self-made woman is Jetsetgo’s Kanika Tekriwal, 33.
“Women-led wealth creation directly improves women’s employment, corresponding families, and society. Inclusion of women, who represent 50% of India’s population in the workforce or wealth creation, cuts across societal barriers,” said, MD and chief researcher.
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