According to Bloomberg, in the trading session on July 29, Indian female billionaire Savitri Jindal, who owns a fortune of 11.3 billion USD, officially surpassed Chinese billionaire Yang Huiyan to become the woman in the world. richest woman in Asia.
Savitri Jindal is currently the richest woman in Asia (Photo: Bloomberg).
Ms. Savitri Jindal, 72, currently runs the Jindal Group which specializes in industries including power generation and metals. She is the richest woman in India and the 10th richest in this country of 1.4 billion people. She became the Chairman of Jindal Group shortly after her husband, OP Jindal, the group’s founder, was killed in a helicopter crash in 2005. Her company is now India’s third largest steel producer. and is also active in cement production, energy and infrastructure.
Ms. Jindal’s net worth has also fluctuated wildly in recent years. Her fortune fell to $3.2 billion in April 2020 when the pandemic began, then soared to a peak of $ 15.6 billion in April this year when the Russia-Ukraine conflict erupted. causing commodity prices to skyrocket.
Asia’s richest female billionaire Yang Huiyan.
Meanwhile, Chinese female billionaire Yang Huiyan also lost more than half of her fortune in the past year as China’s real estate industry fell into a cash crisis. Duong’s net worth is now just $11 billion as Country Garden’s stock tumbled further this past week after the company announced a share issue to raise more cash, sending the stock price down to its lowest point. since 2016.
Ms. Duong inherited the fortune from her father in 2005 and then became one of the youngest female billionaires on the planet. For the past 5 years, she has always held the title of the richest woman in Asia, showing the rapid development of Chinese real estate.
Duong’s fortune is even lower than that of her compatriot female billionaire – chemical fiber tycoon Fan Hongwei (Phan Hong Vy), who owns a fortune of $11.3 billion. Although Ms. Phan’s fortune has also fallen from $13 billion to $11.3 billion this year, the decline is milder than that of other billionaires in China. This reflects the diversity in the business of the empire she runs.
Super rich property in India
Starting as an accountant, Ms. Phan and her husband founded Hengli Group in 1994. They initially took over a bankrupt state-owned textile factory, then expanded into polyester, petrochemical, oil refining and tourism. Last year, her group generated 732.3 billion yuan ($109 billion) in revenue.
