According to the IIFL Wealth Hurun India Rich released on Wednesday, online retailer Nykaa founder Falguni Nayar was named the richest self-made Indian woman.
Recommended ArticlesView All
Biggest casualty of ending LTCG regime is not debt funds but the debt market
Mar 25, 2023 IST6 Min(s) Read
US Fed rate hike — willing to hit but afraid to wound
Mar 25, 2023 IST4 Min(s) Read
Withering Weather: Experts see erratic rains to spell higher food prices and tougher inflation ahead
Mar 24, 2023 IST4 Min(s) Read
Decoding Finance Bill proposals for debt funds: What remains and what changes
Mar 24, 2023 IST3 Min(s) Read
She surpassed Biocon's Kiran Mazumdar Shaw after the successful listing of FSN E-Commerce Ventures, the parent company of omnichannel Nykaa, as per the Hurun India rich list.
Nayar with a net worth of Rs 38,700 crore is on the 33rd spot in the top 100 billionaires list, followed by Rekha Jhunjhunwala of Rare Enterprises, the company incorporated by her husband and late veteran investor Rakesh Jhunjhunwala.
The other women on the list include Godrej's Smita V Crishna (Rs 32,000 crore), Radha Vembu of Zoho Corporation ( Rs 30,500 crore), Biocon founder Kiran Mazumdar Shaw ( Rs 24,800 crore), and others.
The world's second richest person Gautam Adani heads India's rich list with a wealth of Rs 10,94,400 crore. Adani topped the list by adding Rs 1,600 crore per day over the last year.
Adani's wealth has more than doubled (116 percent) in the last year and in absolute terms, he added Rs 5,88,500 crore. In the last five years, the first-generation entrepreneur's wealth has increased by 1440 percent.
Also Read: SEBI chief offers a checklist on how fintech companies can prevent crackdown by the regulator
"From an Indian wealth creation perspective, 2022 will be remembered for Adani's meteoric rise. Briskly expanding his commodity trading company into a coal-to-port-to-energy conglomerate, he is the only Indian to have built not one, but seven companies with a market cap of one lakh crore. The cumulative wealth growth of the IIFL Wealth Hurun India Rich List 2022 excluding Adani is only 2.67 percent compared to the overall 9 percent," IIFL Wealth Hurun India said.