logo News
  • Home
  • Management
    Management Show More
    The Highest Level Of Being a Boss: The More You Work, The More Money You Make.
    Nov 20, 2025
    Managers must know the four dark sides of creativity
    Nov 19, 2025
    Every Manager Should Have a Business Model Mindset
    Nov 18, 2025
    The Secret Of Female Ceo Promotion: Stability And Focus Are Most Important
    Nov 17, 2025
    Do Companies Still Have To Stick To Quality First?
    Nov 16, 2025
  • Marketing
    Marketing Show More
    Business Failure Lesson Number Two, Learn To Market
    Nov 20, 2025
    What Approach To Selling Is Needed For Different Income Groups Of Consumers?
    Nov 19, 2025
    6 Of The Hottest Recent Marketing Technology Numbers
    Nov 18, 2025
    Customers Actually Have a Life Cycle, So How Do You Maximise The Value Of Your Customers?
    Nov 17, 2025
    Zara, HM, Forever21, how do these fast fashions seize the online market?
    Nov 16, 2025
  • Entrepreneurship
    Entrepreneurship Show More
    Setbacks And Failures Are Both Trials And Opportunities On The Entrepreneurial Journey
    Nov 20, 2025
    Summary Of Failures: 5 Military Rules Of Self-Discipline To Learn When Starting a Business
    Nov 19, 2025
    Five Ways To Start a Business And Say Goodbye To The Low-Cost Era
    Nov 18, 2025
    Learn To Think Like a Rich Man... It's Easy To Make Money!
    Nov 17, 2025
    An Executive's Insight Into The Secret Of Bill Gates' Success
    Nov 16, 2025
  • Company
    Company Show More
    Procter & Gamble
    Nov 20, 2025
    Berkshire Hathaway Inc.
    Nov 19, 2025
    Volkswagen
    Nov 18, 2025
    Duffy Maritime Group, France
    Nov 17, 2025
    Koch Industries Group
    Nov 15, 2025
  • Entrepreneur
    Entrepreneur Show More
    Ippei Hara, The God Of Japanese Life Insurance Salesmanship
    Nov 20, 2025
    Queen Of Skincare - Estee Lauder
    Nov 19, 2025
    Paul Otellini, former CEO of Intel
    Nov 18, 2025
    Tadao Yoshida, The King Of Zips In Japan
    Nov 17, 2025
    Founder Of Motorola - Paul Galvin
    Nov 16, 2025
Search
Share via
Reading: India's Richest Woman - Savitri Jindal
logo logo
  • Home
  • Management
  • Marketing
  • Entrepreneurship
  • Company
  • Entrepreneur
Search
  • Home
  • Management
  • Marketing
  • Entrepreneurship
  • Company
  • Entrepreneur
Home > Entrepreneur > India's Richest Woman - Savitri Jindal
Entrepreneur

India's Richest Woman - Savitri Jindal

Savitri was born into an ordinary family in Assam, India, and, because of his family's poverty and lack of schooling, was fingered for marriage at the age of 15 and consummated at 20.

Last updated: Oct 22, 2025

Born into an ordinary family in the Indian state of Assam, Savitri was fingered for marriage at the age of 15 and consummated at 20 because her family was poor and did not go to school. Savitri's husband, Om Prakash Jindal, is 20 years older than her and was previously her brother-in-law. Jindal and Savitri's sister had six sons, the oldest being just two years younger than Savitri. Later, Savitri's sister died and her family decided to have her married. Savitri and Jindal had three children.

Savitri spent the first half of her life raising her children and running the household. Not only did she not take part in the family business, but she did not even know what her husband did or how much money he made.

Her husband, Jindal, built up his business and made it bigger and better. Jindal's life is quite legendary. He was born into a peasant family and grew up with an interest in machines. He started his business from scratch at the age of 22, opening a small bucket manufacturing plant, which slowly developed into a pipe factory and a steel factory. Jindal, who had a flair for mechanics, was able to develop the various machines in the factory on his own, despite having little professional training. Deeply involved in the steel industry, he set up his first major factory in Kolkata, India's third largest city, in 1970. In the decades that followed, he expanded and consolidated, opening plants in many parts of India and growing his fortune to become part of the 'billionaire's club'. Forbes described him as "a true billionaire who built his fortune from nothing".

Apart from being a businessman, Savitri's husband, Jindal, was also the Minister of Power in Haryana. But he died in a helicopter crash in 2005, having made a fortune of US$2 billion. By this time, Savitri, who was 55 years old, had to face the loss of her husband and face the business world from the comfort of her home. Each of Jindal's four sons took over a different part of the family business: the eldest managed the pipeline company, the second the steel company, the third the stainless-steel company and the fourth the power company. During his lifetime, Jindal did not give them separate shareholdings in one company, but divided each company into five shares, one for himself and one for each of the four brothers.


After Jindal's death, Savitri inherited all of her husband's shares and assets, and while she may not have been good at managing the business, she was definitely good at managing the family and her sons. "I remain in charge of the family home and the boys are out in the world." She said. Savitri has not been too involved in the management of the business, but has been the family's "glue", bringing the family together when necessary. Although each of the four sons has a separate area of business, Savitri brings them together to discuss problems when they arise. The family reunites every year on March 31 and August 7 - the anniversary of Jindal's death and birth. Savitri also said that she would consider releasing the stakes in her hands and passing them on to her sons later, a take and incentive.

In between Savitri's take and release, the sons have each made their own mark. Five years after she became chairman of the Jindal Group, turnover had quadrupled, and as the price of commodities such as energy has soared in recent years, the assets of the Jindal Group, which owns mineral and energy businesses, have also risen, as has Savitri's fortune. Savitri has also inherited her husband's political legacy, winning the Haryana Hissar Assembly seat twice, in 2005 and 2009, and she finds time to talk to voters every week. She never went to school, but helped found India's top-ranked private Jindal Global University.

TAGGED: Machinery, Forbes, Family
Previous Article Setbacks And Failures Are Both Trials And Opportunities On The Entrepreneurial Journey
Next Article Steve Jobs Founder of Apple

Most Popular

Moët Hennessy-Louis Vuitton Group
Company Oct 25, 2025
Three biographies that every leader should read
Management Oct 22, 2025
How Does Word-Of-Mouth Marketing Content Marketing Work Better? Marketing Tips And Marketing Methods
Marketing Oct 22, 2025
How To Be a "Motivational" Manager?
Management Nov 07, 2025
HSBC Holdings plc
Company Oct 28, 2025
Essential Factors For Entrepreneurial Success
Entrepreneurship Oct 12, 2025

You Might Also Like

Company

Moët Hennessy-Louis Vuitton Group

Oct 25, 2025
Entrepreneur

Ippei Hara, The God Of Japanese Life Insurance Salesmanship

Nov 20, 2025
Entrepreneur

Queen Of Skincare - Estee Lauder

Nov 19, 2025
Entrepreneur

Paul Otellini, former CEO of Intel

Nov 18, 2025

Copyright © 2025 minotopic.com. All rights reserved. User Agreement | Privacy Policy