Vikas khotdecember 29, 2017 forbes india | 31the list
The biggest assets of matriarch Savitri Jindal’s (No 16)
oP jindal Group are overseen by her Mumbai-based
son, Sajjan Jindal. Shares of his jsW steel were up by 46
percent in the past year thanks to a recovery in steel prices.
After losing out in June to fellow billionaire Lakshmi Mittal’s
ArcelorMittal to acquire struggling Italian steelmaker Ilva,
Sajjan announced plans to invest in a venture to make
electric cars. Another new business is to make paints.
Younger sibling Naveen’s Jindal Power & Steel, once a
highflier, is weighed down by $7.1 billion in debt.sAjjAn jindAL: fAMiLy jeWeLs
51
jAin fAMiLy
$3 BILLION
BENNETT COLEMAN & CO
52
AshWin Choksi
$2.95 BILLION
ASIAN PAINTS AGE: 74
53
rAjAn rAhejA
$2.9 BILLION
ExIDE INDUSTRIES AGE: 63
54
rAkesh jhunjhunWALA
$2.8 BILLION
RARE ENTERPRISES AGE: 57
55
kishore biyAni
$2.75 BILLION
FUTURE GROUP AGE: 56
56
AbhAy vAkiL
$2.71 BILLION
ASIAN PAINTS AGE: 66
57
ChAndru rAhejA
$2.7 BILLION
K RAHEJA CORP AGE: 77
58
MG GeorGe Muthoot
$2.67 BILLION
MUTHOOT FINANCE AGE: 67
59
AbhAy firodiA
$2.65 BILLION
FORCE MOTORS AGE: 72
60
yusuf hAMied
$2.62 BILLION
CIPLA AGE: 81
61
rAjesh MehtA
$2.6 BILLION
RAJESH ExPORTS AGE: 53
62
vijAy ChAuhAn
$2.5 BILLION
PARLE PRODUCTS AGE: 81
63
AMALGAMAtions GrouP
fAMiLy
$2.48 BILLION
TRACTORS & FARM
EQUIPMENT
UP MORE THAN 10% DOWN MORE THAN 10%
NEW TO LIST RETURNEE