Nayaka’s Falguni Nair takes on Kiran Mazumdar Shaw as the richest self-made Indian woman

Nykaa’s Falguni Nayar takes over Kiran Mazumdar Shaw as the richest self made Indian woman
Falguni Nair is the richest self-made billionaire with a net worth of Rs 57,520 crore.

However, according to Kotak Private Banking Hurun List, Roshni Nadar Malhotra of HCL Technologies is the richest woman.

Around 25 new women have entered the list this year.

According to Kotak Private Banking Hurun’s list of India’s richest women, Falguni Nair surpassed Biocon’s Kiran Mazumdar-Shaw as India’s richest self-made woman with a net worth of ₹57,520 crore.

Nayar’s ranking went up nine places on the list after the company’s founding, Nykaa, went public last year.

Roshni Nadar Malhotra of HCL Technologies however retained her title as the richest woman on the list with Rs 84,330 crore for the second consecutive year.

The report said that around 25 new women have entered the list this year. The report further states that the cut-off money required to be included in the list has almost tripled from the previous year to ₹300 crore.

The average wealth of women in the 2021 list is around ₹4,170 crore, as against ₹2,725 crore in the previous year.

Osharya Das, CEO-Private Banking, Kotak Mahindra Bank, said, “Over the years, Indian women are slowly and surely coming into their own – carving a niche for themselves through knowledge, excellence, passion and empathy “

The list is based on the net worth of women as of December 31, 2021.

More Young Women Are Becoming Self-Made Billionaires

Even though Biocon’s founder, Shaw, was displaced—the pharmaceuticals in his sector also saw the largest number of new entrants, followed by healthcare and consumer goods.

According to the report, 9 out of 20 women aged 40 years or less are self-made.

Three professional managers also made it to the list. PepsiCo’s Indra Nooyi is the richest professional manager with a net worth of Rs 5,040 crore. At the same time, 33-year-old Kanika Tekriwal of JetSetGo is the youngest self-made woman.

“Women-led wealth creation directly improves women’s employment, related families and society. Including women, who make up 50% of India’s population in the workforce or wealth creation,” said Anas Rehman Junaid, MD and lead researcher, Hurun India. represent, remove social barriers.

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