News Business Meet 5 richest women in India

Meet 5 richest women in India

New Delhi: It has been a wonderful year for women in business in India. No surprise then that women are playing a pivotal role in key corporate positions in the country. A recent report by

4. Kiran Mazumdar-Shaw





Rank: 96

Net worth $655 million (As of October 2013)

Age: 60

Source of Wealth: biotechnology, self-made

Residence: Bangalore, India

Country of Citizenship: India

Education: Bachelor of Arts / Science, Bangalore University; Master of Science, Melbourne University

Marital Status: Married



Forbes say Shaw is the “wealthiest self-made woman in India“. The magazine ranked her at 96th position. Kiran Mazumdar-Shaw founded and runs biotech firm, Biocon, which makes affordable drugs for everything from head and neck cancers to diabetes. Recently she launched Alzumab, a new treatment for chronic psoriasis. An active philanthropist, she recently donated $5 million for a new research unit at her cancer hospital in Bangalore, Forbes said. Biocon has a partnership with Bristol-Myers Squibb for developing an oral insulin. Its insulin plant in Malaysia is due to start production next year.

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