Savitri Jindal of India, who has a fortune of $11.3 billion thanks to her conglomerate Jindal Group, which is active in fields such as metals and power generation, surpassed Yang in the Bloomberg Billionaires Index on Friday. She lost momentum to Fan Hongwei, a wealthy businessman from China who makes his money from the chemical-fibre company Hengli Petrochemical Co.
Jindal, 72, is the 10th richest woman in India’s population of 1.4 billion and the richest woman in the country. She was named chairwoman of the Jindal Group soon after her husband, the business’s founder OP Jindal, died in a helicopter accident in 2005. The corporation also works in cement, energy, and infrastructure. It is India’s third-largest steel producer. She is currently Asia’s and India’s richest woman. Savitri Jindal, the only female in the top 10 richest Indians according to Forbes in 2021, has a brief and modest appearance. Jindal, 72, outperformed Yang Haiyan, who had her net worth plummet by nearly 52% as a result of the collapse in China’s real estate market. As of right now, Savitri Jindal has surpassed Yang Huiyan of China to take the title of richest Asian woman and tenth richest Asian overall. Yang Huiyan’s net worth has significantly decreased, and China’s real estate crisis is the main cause. Even though she dropped from first place, she kept third place in the Bloomberg Billionaire Index. Yang now has an estimated $11.3 billion in wealth, but in 2021, he had a roughly $24 billion fortune.
She lost a staggering $11 billion in wealth this year as a result of the real estate crisis, and Jindal surpassed her in the billionaire’s index rankings. She also lost ground to another Chinese tycoon, Fan Hongwei, who made his fortune through his chemical-fibre company, Hengli Petrochemical Co.