Renuka Jagtiani is India's newest billionaire: Check out Landmark Group CEO's net worth, job, education and more

Renuka ​Jagtiani holds a Bachelor's degree in Arts from the University of Mumbai. She has received recognition for her outstanding business acumen, including awards such as the Outstanding Asian Business Woman of the Year in 2007 and Businesswoman...

Agencies
Renuka Jagtiani
Forbes has reported a significant surge in wealth in India this year, with 25 new billionaires from the country making their debut on the list of the world's wealthiest individuals.

Among the notable additions was Renuka Jagtiani, the CEO and chairwoman of Landmark Group, with a net worth of $4.8 billion, as per the list.

Landmark Group, a multinational consumer conglomerate based in Dubai, was founded by her late husband, Micky Jagtiani. Under Renuka Jagtiani's leadership, the company has flourished, employing over 50,000 individuals.


Meet Renuka Jagtiani, India's newest billionaire and chairwoman of Landmark Group
1/5

Forbes recently released its 2024 list of richest billionaires in the world. The list, which features 25 new Indian billionaire, names Renuka Jagtiani on the top with a $4.8 billion net worth. The 70-year-old is the CEO and chairwoman of Dubai-based Landmark Group. The company was founded by Micky Jagtiani in 1973 and Renuka took over it after he passed away in May 2023. Under her, the Landmark Group employs 50,000 people. (Image: Instagram/ Landmark Group)

Forbes recently released its 2024 list of richest billionaires in the world. The list, which features 25 new Indian billionaire, names Renuka Jagtiani on the top with a $4.8 billion net worth. The 70..
Read More

Renuka Jagtiani hold a Bachelor's degree in Arts from the University of Mumbai. She married retail stalwar Micky Jagtiani, the founder of the Landmark Group, which boasts of retail chains like Lifestyle, Max, and Home Centre. She has three children - Aarti, Nisha, and Rahul - who are group directors at Landmark. (Image: Instagram/ Landmark Group)

Renuka Jagtiani hold a Bachelor's degree in Arts from the University of Mumbai. She married retail stalwar Micky Jagtiani, the founder of the Landmark Group, which boasts of retail chains like Lifest..
Read More

After joining Landmark in 1993, Jagtiani gained popularity with Splash, a fast-fashion company that has expanded to over 200 locations across 11 Middle Eastern and African nations. She was involved in the establishment of the India business in 1999, and it currently operates 900 stores in five formats, including the department store chain Lifestyle, Home Centre, and Max. (Image: Instagram/ Landmark Group)

After joining Landmark in 1993, Jagtiani gained popularity with Splash, a fast-fashion company that has expanded to over 200 locations across 11 Middle Eastern and African nations. She was involved i..
Read More

"For over three decades, Renuka has guided the Group's corporate strategy making Landmark Group the region’s largest omnichannel retailer of trusted, homegrown brands. Renuka has been instrumental in creating multiple brands and new concepts. She led the Group's digital transformation almost a decade ago, pioneering omnichannel retail across the industry, a journey that continues today," mentions the Landmark group website. (Image: Instagram/ Landmark Group)

"For over three decades, Renuka has guided the Group's corporate strategy making Landmark Group the region’s largest omnichannel retailer of trusted, homegrown brands. Renuka has been instrumental in..
Read More

In January 2007, the Asian Business Awards Middle East presented her with the Outstanding Asian Business Woman of the Year award. Later, in January 2012, she received the Gulf Business Industry Awards' Businesswoman of the Year title. She received recognition from the World Entrepreneurship Forum in January 2014 as Entrepreneur of the World Year. After that, she won the Indian CEO Awards' Strategic Leader of the Year title in January 2015. Her Stars of Business Award in January 2016 was the Captain of the Industry Award. Last but not least, she was admitted into the World Retail Congress' "Hall of Fame" in January 2017. (Image: Instagram/ Landmark Group)

In January 2007, the Asian Business Awards Middle East presented her with the Outstanding Asian Business Woman of the Year award. Later, in January 2012, she received the Gulf Business Industry Award..
Read More

Education
Jagtiani holds a Bachelor's degree in Arts from the University of Mumbai. She has received recognition for her outstanding business acumen, including awards such as the Outstanding Asian Business Woman of the Year in 2007 and Businesswoman of the Year in 2012, reported TOI.

Since joining Landmark Group in 1993, she has been instrumental in shaping the company's corporate strategy and expanding its presence across various regions, including the Middle East, Indian subcontinent, Southeast Asia, and Africa.

ADVERTISEMENT
With a net worth of $4.8 billion, Renuka Jagtiani's inclusion in Forbes' 'New Billionaires' list underscores her remarkable success. She is also a mother of three children - Aarti, Nisha, and Rahul - who serve as group directors at Landmark.

Forbes' recent report on 'New Billionaires' for 2024 reflects a global increase in wealth, with a total of 2,781 billionaires worldwide collectively valued at $14.2 trillion. The addition of 265 new billionaires this year signifies a significant rise compared to the previous year's figures.

Other woman leaders in the Forbes list
India's business landscape is witnessing a remarkable shift as women entrepreneurs and business leaders rise to prominence. Among them, Savitri Jindal shines as one of the richest Indian women, with a staggering net worth of $35.5 billion. Her success story exemplifies not just personal achievement but also a broader trend of women's empowerment in India's business world.

Savitri Jindal - $35.5 billion
Rekha Jhunjhunwala - $8.5 billion
ADVERTISEMENT
Vinod Rai Gupta - $5 billion
Smita Crishna-Godrej - $3.8 billion

(With inputs from TOI)
ADVERTISEMENT
Download
The Economic Times Business News App
for the Latest News in Business, Sensex, Stock Market Updates & More.
Download
The Economic Times News App
for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.
READ MORE
ADVERTISEMENT

READ MORE:

LOGIN & CLAIM

50 TIMESPOINTS

More from our Partners

Loading next story
Business News › News › India › Renuka Jagtiani is India's newest billionaire: Check out Landmark Group CEO's net worth, job, education and more
Text Size:AAA
Success
This article has been saved

*

+