Savitri Jindal

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Savitri Jindal
Born 20 March 1930 (1930-03-20) (age 84)[1]
Tinsukia, Assam, India[1]
Residence Hisar, Haryana, India[1]
Nationality Indian
Ethnicity Marwari Agarwal
Education Diploma
Occupation Chairperson of the Jindal Group
Net worth Decrease US$ 6.4 billion(2014)[2]
Political party
Indian National Congress
Religion Hinduism
Spouse(s) O. P. Jindal (1950-2005)
Children Prithviraj Jindal, Sajjan Jindal, Ratan Jindal, Naveen Jindal, and five others

Savitri Jindal Non-Executive Chairperson, Jindal Steel & Power Limited Born to a conservative family in Tinsukia, Assam in 1950, Savitri Jindal grew up living the lifestyle of a traditional Indian woman. In 1970 she married O.P. Jindal, who had founded the Jindal Group, a steel and power conglomerate[3]

Savitri Jindal was a member of the Haryana Vidhan Sabha (Legislative Assembly). She lost the seat in recently held elections in Haryana assembly. She became the chairperson after her husband, O. P. Jindal, died in a helicopter crash in 2005.[4] She is a member of the INC political party.

Although not a self-made billionaire, Savitri Jindal is the richest woman in Asia. Worth over $14.4 billion she also is the world's 56th richest person. The steel baroness, however, most enjoys talking about her nine children and continuing her husband's public work. She is the world's 4th richest mother and has more children than any woman billionaire.[5]

As of September 2014, Savitri Jindal and her family was listed by Forbes as the world's 155thth "richest person", with a net worth of US$6.4 billion. They ranked as the twelfth richest in India. Among the billionaire mothers listed in 2010, Jindal had the most children (nine).[6]

Political Life[edit]

In 2005, Jindal was elected to the Haryana Vidhan Sabha from Hissar constituency. In 2009, she was re-elected to the constituency and was appointed as the cabinet minister in the Haryana Government on 29 October 2013.

In the previous cabinet, she had served as the Minister of State for Revenue and Disaster Management, Consolidation, Rehabilitation and Housing and also the Minster of State for Urban Local Bodies and Housing.

Even though she isn’t the most educated or experienced billionaire in India, the revenue of the company quadrupled after she took charge of the company. With a background and History from the state of Haryana, she serves as the member of Haryana Legislative Assembly and held the office of Minister of Power till 2010. O.P Jindal group was started in 1952 by Mr. O.P Jindal, an engineer by profession. It became the conglomerate for Steel, Power, Mining, Oil and gas. Each of these four divisions of her business is run by her four sons, Prithviraj, Sajjan, ratan and Naveen Jindal. Jindal steels are the third largest producer of steel in the India.[7]

References[edit]

  1. ^ a b c Haryana Vidhan Sabha MLA
  2. ^ "Savitri Jindal". Forbes. Retrieved 6 October 2014. 
  3. ^ "Savitri Jindal". Retrieved 6 October 2014. 
  4. ^ "The World's Billionaires, #56Savitri Jindal". Forbes. 11 March 2009. Retrieved 13 July 2012. 
  5. ^ "Savitri Jindal". Retrieved 6 October 2014. 
  6. ^ "Savitri Jindal world's 4th richest mother". The Times of India. 7 May 2010. Retrieved 13 July 2012. 
  7. ^ "Savitri Jindal - India’s Richest Mother". Retrieved 6 October 2014.