Name
Savitri Jindal
Savitri Jindal
Hisar, India
India
steel
$5,900,000,000
290
#290 Billionaires 2019
#14 India's Richest 2018
Jindal Group, whose interests include steel, power, cement and infrastructure, is chaired by Savitri Jindal, widow of founder Om Prakash Jindal.Upon O.P. Jindal's death in 2005 in a helicopter crash, group companies were divided among his 4 sons, who now run them independently.The biggest assets of the group are overseen by her Mumbai-based son Sajjan Jindal, who runs JSW Steel, among much else. Jindal's younger son Naveen's Jindal Power & Steel, once a high-flier, is weighed down by $6 billion in debt. Sajjan Jindal has put in bids to acquire debt-strapped rivals, which are being sold under India's Insolvency and Bankruptcy Code.
O.P. Jindal got his start making buckets in 1952, then went on to found a pipe unit named Jindal India in 1964.Sajjan Jindal has announced plans to make electric vehicles.
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