Forbes’ ‘World’s Billionaire List’ 2024 Spotlights Success Story of Business Visionary
Renuka Jagtiani, CEO and chairwoman of Landmark Group, has made headlines as India’s newest billionaire, topping the list of 25 debutants in Forbes’ ‘World’s Billionaire List’ for 2024. With a staggering net worth of $4.8 billion, Jagtiani’s journey from Mumbai to the helm of a multinational conglomerate is nothing short of remarkable.
At 70 years old, Jagtiani has assumed leadership of Landmark Group, headquartered in Dubai, following the passing of her husband, Micky Jagtiani, in May 2023. Under her guidance, the company, which employs over 50,000 individuals, has continued to thrive and expand its presence across various regions.
Jagtiani’s tenure at Landmark Group, which began in 1993, has been marked by strategic acumen and a relentless drive for growth. With a Bachelor’s degree in Arts from the University of Mumbai, her entrepreneurial spirit has been recognized with accolades such as the Outstanding Asian Business Woman of the Year in 2007 and Businesswoman of the Year in 2012.
Her impact on Landmark Group’s corporate trajectory has been profound, with expansions into markets spanning the Middle East, Indian subcontinent, Southeast Asia, and Africa. This global footprint has solidified Jagtiani’s reputation as a visionary leader in the business world.
Beyond her professional achievements, Jagtiani is a devoted mother to three children—Aarti, Nisha, and Rahul—who also hold positions as group directors at Landmark, further cementing the family’s legacy in the business realm.
Forbes’ latest report underscores a surge in global wealth, with an unprecedented 2,781 billionaires worldwide, collectively valued at $14.2 trillion. This surge is indicative of evolving economic landscapes and opportunities for entrepreneurship.
In the context of India, Jagtiani’s ascent as a billionaire mirrors a broader trend of women’s empowerment in the business sphere. Notable figures like Savitri Jindal, Rekha Jhunjhunwala, Vinod Rai Gupta, and Smita Crishna-Godrej exemplify the growing influence of women entrepreneurs and leaders, contributing to India’s economic narrative.
As India continues to navigate dynamic shifts in its business landscape, Jagtiani’s story serves as an inspiration—a testament to the transformative power of vision, perseverance, and entrepreneurial spirit.
