Top 20 Richest Women in India 2023: Self-made or inherited, here are some of the wealthiest women in India

There are plenty of wealthy women in India whose net worth goes in billions. Some of these have inherited their wealth from their spouse, father, brother, or any other family members while others are self-made. Not only the richest, but most of these women are also some of the most powerful businesswomen in the country. This article provides the list of the top 20 richest women in India in 2023 irrespective of the way they earned their huge fortune.

20 Richest Women of India in 2023

The table provides the list of the top 20 richest women in India along with their net worth (as of 2023) and source of wealth.

S. No	Name	Net worth	Source of wealth
1	Savitri Jindal	₹1,653,297,000,000	Metals & Mining
2	Roshni Nadar Malhotra	₹843,300,000,000	Technology
3	Rohiqa Cyrus Mistry	₹628,420,000,000	Diversified
4	Rekha Jhunjhunwala	₹512,660,000,000	Investments
5	Vinod Rai Gupta	₹332,480,000,000	Electrical equipment
6	Nilima Motaparti	₹281,800,000,000	Pharmaceuticals
7	Smita Crishna-Godrej	₹231,520,000,000	Consumer goods
8	Falguni Nayar	₹223,250,000,000	Retailing
9	Leena Tewari	₹214,980,000,000	Pharmaceuticals
10	Mallika Srinivasan	₹206,710,000,000	Farm Equipment
11	Kiran Mazumdar Shaw	₹198,440,000,000	Biopharmaceuticals
12	Radha Vembu	₹181,910,000,000	Business Software
13	Mrudula Parekh	₹164,710,000,000	Adhesives
14	Anu Aga	₹145,300,000,000	Engineering
15	Sara George Muthoot	₹107,520,000,000	Financial services
16	Renu Munjal	₹99,220,000,000	Automobile
17	Mahima Datla	₹87,000,000,000	Biotech & biopharmaceutical
18	Kalpana Parekh	₹82,736,706,000	Adhesives
19	Vandana Lal	₹68,100,000,000	Healthcare
20	Divya Gokulnath	₹45,500,000,000	Education

Check the Details about India’s Richest Woman

1. Savitri Jindal

Savitri Devi Jindal is a businesswoman, politician, and the richest woman in India. She is the wife of late Om Prakash Jindal and had previously held the position of chairperson emerita of O.P. Jindal Group. She is the only Indian woman to be featured in the top 100 of the Forbes list of billionaires and the top 10 Indian richest people in 2023.

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2. Roshni Nadar Malhotra

Roshni Nadar Malhotra is the daughter of Shiv Nadar, the founder of HCL Technologies. Rashmi is the chairperson for HCLTech who manages all strategic decisions of this billion-dollar technology company. She has been featured on the Forbes World’s 100 Most Powerful Women list in 2019 and is counted as one of the richest women in India with a net worth of ₹84k crore.

3. Rohiqa Cyrus Mistry

Rohiqa Cyrus Mistry is the wife of the late Cyrus Mistry, ex-chairman of the Tata Group, and one of the wealthiest women in India. Rohiqa is also the daughter of renowned advocate Iqbal Chagla and the granddaughter of jurist M.C. Chagla. Forbes mentioned her on its 2023 billionaires list, one among the few Indian women to be featured on the list.

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4. Rekha Jhunjhunwala

Rekha Jhunjhunwala is the wife of well-known investor Rakesh Jhunjhunwala, known as Indian Warren Buffet. Rakesh died in 2022 due to kidney-related problems and multiple organ failure and his valuable stock portfolio was transferred to Rekha, making her one of the richest women in India and the world in 2023.

5. Vinod Rai Gupta

Vinod Rai Gupta is the wife of the founder of Havells India, the late Mr. Qimat Rai Gupta. Along with her son Anil Rai Gupta, Vinod holds flagships in the company which is the source of her immense fortune. The company is run by Anil and is involved in the manufacturing of electrical and lighting fixtures, refrigerators, washing machines, etc.

6. Nilima Motaparti

Nilima Motaparti is the daughter of a billionaire businessman and founder of Divi’s Laboratories Murali Divi. Nilima is the manager of the procurement and finance division of her father’s company and also holds a significant amount of the company’s shares. Divi’s Laboratories is one of the top suppliers of active pharmaceutical ingredients in the world.

7. Smita Crishna-Godrej

Smita Crishna-Godrej is a key member of the popular Godrej family who holds a one-fifth stake in the family assets. Godrej Group is a more than a century-old company with around $5.2 billion in revenue. Forbes mentioned Smita as one of the richest people in 2023 with an estimated net worth of around $3 billion.

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8. Falguni Nayar

Falguni Nayar is the founder and CEO of the beauty and lifestyle retail company Nykaa. She is a self-made billionaire who quit her job at the age of 50 years to establish the company with her own hard-earned money. Nayar made her debut in the Forbes India Rich List in 2022 at rank 44 and is still one of the wealthiest women in the country.

9. Leena Tewari

Leena Gandhi Tewari is the chairperson of USV Private Limited, a multinational pharmaceutical and biotechnology company founded by her grandfather Vithal Balkrishna Gandhi in 1961. She is one of the richest Indian women who is often featured in Forbes. Apart from being a billionaire, Leena is also a major philanthropist who supports charity for underprivileged women and girls.

10. Mallika Srinivasan

Mallika Srinivasan is the chairman and CEO of Tractors and Farm Equipment Limited (TAFE). TAFE is the second-largest tractor manufacturer in India and the third-largest in the world. Mallika is a member of the BRICS Women’s Business Alliance and India-US CEO Forum. Moreover, she is a philanthropist who supports organizations in the education and healthcare sectors.

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11. Kiran Mazumdar Shaw

Mazumdar-Shaw is another richest self-made woman in India who founded Biocon Biologics, the largest listed biopharmaceutical firm by revenue in the country. She is the recipient of the Othmer Gold Medal for contributions to the progress of science and chemistry. Prominent magazines such as Forbes and Financial Times have included Shaw in their list of powerful women. Shaw is also the former chairperson of the Indian Institute of Management, Bangalore.

12. Radha Vembu

Radha Vembu is the majority stakeholder in the renowned Indian software development company Zoho Corporation. The company was established by her brother Sridhar Vembu in Chennai, Tamil Nadu, India, and currently has a global presence. Vembu is an alumnus of the prestigious IIT Madras and holds a net worth of billions of dollars.

13. Mrudula Parekh

Mrudula Parekh is one of the richest women in India holding a net worth of around $2 billion. She inherited the minority stake held by her late husband Sushilkumar Parekh in Pidilite Industries. The company was established by her brother-in-law Balvant Parekh, whose son Madhukar Parekh serves as the present chairman of the board.

14. Anu Aga

Anu Aga is a billionaire businesswoman and also a charity worker who has won the Padma Shri for Social Work from the Government of India. The majority stake that Anu holds in the engineering company Thermax is the leading source of her wealth. She became the chairperson of Thermax in 1996 after her husband died and stepped down in 2004 giving the position to her daughter Meher Pudumjee.

15. Sara George Muthoot

Sara George Muthoot holds a majority stake in the gold finance company Muthoot Finance which she inherited from her late husband M.G. George Muthoot. Sara is also an educationist and the director of the St. George’s School and Paul George Global School in Delhi. She has been featured by Forbes in the list of billionaires in 2022 and 2023.

16. Renu Munjal

Renu Munjal is the wife of the late Raman Kant Munjal whose father established India’s Hero Group. Renu serves as the Managing Director of Hero FinCorp, is a director on the Board of Easy Bill, and, is also the former Executive Director of Hero MotoCorp. With a net worth of over $1 billion, she is one of the richest women in India featured on the Forbes list.

17. Mahima Datla

With a net worth of around ₹8700 crores, Mahima Datla is one of the richest Indian women in 2023. She is the granddaughter of Dr. D.V.K. Raju, the founder of biotechnology and biopharmaceutical company Biological E Limited or BioE. Mahima is currently serving as the Managing Director of the company.

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18. Kalpana Parekh

Kalpana Parekh is the daughter of Balvant Parekh who founded the Pidilite Industries and the sister of the company’s chairperson Madhukar Parekh. She is a billionaire and one of the richest people in India and is related to Mrudula Parekh, who is her aunt and also a billionaire. As of 2023, the net worth of Kalpana stands close to $1 billion.

19. Vandana Lal

Vandana Lal is the Executive Director at Dr Lal PathLabs founded in 1949, by the late S. K. Lal. Dr Lal PathLabs Limited is one of the leading pathology and diagnostic companies in India with more than 250 clinical labs and over 4000 patient service centers. Vandana herself is an MD in Pathology from the reputed Lady Hardinge Medical College, New Delhi.

20. Divya Gokulnath

Divya Gokulnath is the co-founder and director of Byju’s which she started with her husband Byju Raveendran. Byju’s is a well-known educational technology company founded in 2012 in Bangalore, India. Divya has been featured on the prestigious list by many business magazines such as Forbes Asia’s Power Businesswomen, Fortune India 40 under 40, Business Today’s Most Powerful Women in Indian Business, etc.

Frequently Asked Questions

Care has been taken to provide you with correct information about the richest women in India. For this, the data has been collected from reliable sources. However, if there remains any kind of discrepancy in this article, let us know about it in the comment section.