Nykaa founder Falguni Nayar amongst world’s new billionaires: Hurun Rich List

 Falguni Nayar, founder of the beauty e-commerce platform Nykaa, entered the Hurun Global Rich List 2022 as India’s most successful self-made woman with a net worth of $7.6 billion, becoming the first woman to overtake Kiran Mazumdar-Shaw of Biocon.

nykaa

Hurun Report is a comprehensive evaluation of the wealthiest individuals across the globe and is the largest compiler of the rich list globally.

Falguni, along with her husband Sanjay Nayar, featured in the list of top 10 new entrants in the 2022 Hurun Global Rich List. Nayar’s entry is backed by the success of the Nykaa’s IPO, which was listed at a premium of over 82 per cent, and the market cap crossed Rs 1 lakh crore post listing, Hurun said.

India ranked third in the list of total billionaires in the world, with 215 billionaires, 38 more than last year. Healthcare, consumer goods and chemicals sectors led the way with 46, 29, and 23 billionaires each. In total, 180 Indian billionaires saw their wealth increase, of which 51 were new entrants, 23 decreased, 11 dropped off and position of 12 Indian billionaires remained the same.

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