December 9, 2022

Falguni Nayar, the creator of online store Nykaa, has been crowned the richest self-made Indian woman, according to the IIFL Wealth Hurun India Rich List 2022, which was issued today. According to the Hurun India wealthy list, the 59-year-old beauty product tycoon has surpassed Biocon’s Kiran Mazumdar Shaw, 69, also known as the ‘Biotech Queen.’ Interestingly, this year’s ranking has become more ‘inclusive,’ according to the IIFL Wealth Hurun India Rich. This year, there are 55 women on the list, up from 13 ten years ago.”

The IIFL Wealth Hurun India Rich List 2022 was released on Wednesday. The entrepreneur ranks 33rd among the top 100 billionaires, with a net worth of Rs 38,700 crore. She has surpassed Biocon founder Kiran Mazumdar-Shaw to become the list’s richest self-made Indian woman.

According to the figures, Nykaa increased its fortune by 345 percent in the last year to 38,700 crore. Her ranking rose from 169 to the 33rd position on the list.

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