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Nykaa promoter and chief executive officer (CEO) Falguni Nayar is India’s richest self-made woman promoter with a net worth of nearly Rs 56,600 crore or $7.7 billion, as on Wednesday(10-11-2021).
This also makes Nayar the second wealthiest woman promoter in the country behind Savitri Jindal, chairman emeritus of O P Jindal group companies. According to Bloomberg’s billionaire list, Jindal is India’s richest woman promoter with a net worth of around $12.9 billion.
FSN E-Commerce, the promoter company of Nykaa, closed on Wednesday with a market capitalisation of Rs 1.043 trillion, which makes it the country’s 52nd biggest listed company.
It is ahead of older and well-established firms such as Coal India, Hindalco Industries, Godrej Consumer and Bharat Petroleum Corporation, among others. Nayar, along with her family, owns 54.25 per cent stake in the company that makes her one of India’s wealthiest promoters.
By: Brijesh Kumar ProfileResourcesReport error
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