Savitri Jindal Among Five Indian Women On Forbes Billionaires List

Others on the list include Vinod Gupta ranked 1,533 with a fortune of $1.2 billion. Wife of Qimat Rai Gupta, who died in November 2014, debuts on the Forbes billionaires list after shares of Havells India rose 74 per cent in the past year, spurred by rising profits.

Kiran Mazumdar-Shaw, the founder of Biocon — India’s largest publicly traded biopharma firm which she built from a garage startup into a maker of drugs for diseases such as cancer and diabetes — was placed at the 1,741 rank with a fortune of $1 billion.

Globally, Christy Walton, who inherited a stake in retailer Wal-Mart, retained the title of world’s richest woman at $41.7 billion, followed by Liliane Bettencourt, the principal heiress to the L’Oreal cosmetics fortune in the second place with $40.7 billion.

The third richest woman is Alice Walton ($39.4 billion), daughter of Wal-Mart founder Sam Walton and sister-in-law to Ms. Christy Walton.

Forbes, noted that many of the women among the billionaires ranks inherited their wealth from either their husbands or their fathers, while just 29 of the 197 women are self-made billionaires.
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