How Savitri Jindal, a widow, became Asia’s richest female billionaire
SMACIN GRACEFULL TEAM How Savitri Jindal, a widow, became Asia’s richest female billionaire Asia’s wealthiest woman is Indian, Savitri Jindal, who owns the conglomerate, Jindal Group, which operates in sectors like metals and power generation and has amassed a fortune of $11.3 billion. ADVERTISEMENT As China’s developers struggle to recover from a mortgage boycott, Savitri Jindal passed Chinese real estate mogul Yang Huiyan to take the top spot in the wealth rankings. ADVERTISEMENT With her Country Garden, China’s largest real estate developer, announcing that it needs to issue equity at a discount, Yang Huiyan’s fortune has more than halved this year to $11 billion, and the slide has accelerated this week. ADVERTISEMENT As a result, the stock has dropped to its lowest level since 2016. Tinsukia, Assam, is where Jindal was born. She married the f