Nykaa’s Falguni Nayar among top 10 self-made women billionaires in the world: report

 Nykaa founder Falguni Nayar strode into the top 10 list of self-made women billionaires in the world with a massive $7.6 billion wealth. She is the newest entrant in the women billionaires list, according to a compilation released by the Hurun Research Institute.

Nayar, 58, debuted at number 10 on the list – and the only Indian to do so. She toppled Kiran Mazumdar Shaw of Biocon to become India’s richest self-made billionaire woman. Nykaa, the woman-led unicorn offers beauty and fashion brands through its website, app, and several brick-and-mortar stores.

There are 124 self-made women billionaires today, the list said, adding all of them from just 16 countries. Japan, Germany, France, Canada and South Korea are the world’s largest economies without a single self-made woman billionaire.

India has tripled the number of self-made women billionaires over the last decade, the report said.

“There are 124 self-made women billionaires in the world today, double that of five years ago and 100 more than ten years ago,” Rupert Hoogewerf, chairman and chief researcher of Hurun Report, said.