The Nykaa IPO, that came out last year in November, not only did change the fortunes of many but has turned out to be the best thing since sliced bread for the company’s boss Falguni Nayar. The investment banker-turned-entrepreneur has added yet another feather to her cap!
Nykaa boss Nayar is now India’s richest self-made woman, worth an estimated $4.5 billion, all thanks to the success of her beauty and fashion retailer. Along with this, Nayar has also entered the top 5 richest women of India list.
The Forbes Billionaires List 2022 mentioned Nayar as India’s richest self-made woman. Other notable newcomers to the list include singer Rihanna, whose stake in cosmetics company Fenty Beauty made her Barbados’ first billionaire and Canva app cofounder and CEO Melanie Perkins, Australia’s youngest billionaire.
Of the total 2,668 billionaires in the world, only 327 are women–and most of them inherited their great wealth. However, 101 women, including 11 who share a fortune with their spouse, are self-made. These self-made women are worth a combined $331 billion!
Francoise Bettencourt Meyers, cosmetics company L’Oréal’s founder’s granddaughter, emerged as the richest woman in the world with a wealth of $74.8 billion. Her net worth rose marginally over the past 12 months.
5 richest self-made women in the world
Fan Hongwei (China) – $18.2 billion
Rafaela Aponte (Switzerland) – $16.8 billion*
Wu Yajun (China) – $15.3 billion
Diane Hendricks (United States) – $10.7 billion
Judy Love (United States) – $9.7 billion*
Meanwhile, Indian women found the mention out of the top 10 with the Jindal Group’s Savitri Jindal leading the list.
5 richest women in India
Savitri Jindal & family – $17.7 billion
Falguni Nayar – $4.5 billion
Leena Tewari – $3.8 billion
Kiran Mazumdar-Shaw – $3.3 billion
Smita Crishna – $2.5 billion
