Renuka Jagtiani is the CEO of Landmark Group and India’s newest billionaire, find out more about her below along with her bio, age, husband and education
Just recently, Forbes released their ‘New Billionaires’ list for 2024 featuring a total of 2,781 billionaires worldwide, collectively valued at $14.2 trillion.
Who is billionaire Renuka Jagtiani CEO of Landmark Group, biography, age, husband, children, education and net worth
India's billionaire count spiked in 2024, with Renuka Jagtiani from Landmark Group joining the ranks with $4.8 billion. Landmark Group, founded in 1973, boasts over 2200 stores globally under Jagtiani's leadership, highlighting her pivotal role in the group's success #fnn #india pic.twitter.com/HESLsmDz7q
— Firmus News Network (@FNNNewsIndia) April 3, 2024
Notably, this year alone, there were 265 new billionaires, marking a large increase as compared to last year’s 150.
Renuka Jagtiani India’s newest billionaire
According to Forbes’ most recent reports, India has achieved a significant increase in wealth this year, with 25 new billionaires from India entering the list of the world’s wealthiest individuals. And amongst these, the most notable addition is 69-year-old Renuka Jagtiani, the current CEO of Landmark Group.
Profession and career
Renuka Jagtiani currently serves as the chairwoman and CEO of Landmark Group, a retailing giant based in Dubai. The group deals in retailing various apparel, footwear, consumer electronics, cosmetics & beauty products, home improvement, as well as baby products. Her late husband, Micky Jagtiani, founded the company back in 1973.
Ever since joining Landmark Group back in 1993, Renuka has played a key role in shaping the company’s corporate strategy. Under her leadership, the company has so far employed over 50,000 individuals. She has helped expand its presence across various regions like the Middle East, Indian subcontinent, Southeast Asia, and Africa. The retailing group currently has over 2200 stores across 21 countries.
Education
Renuka Jagtiani obtained her Bachelor of Arts degree from the University of Mumbai.
Awards and achievements
Throughout her career, Renuka Jagtiani has received various accolades for her contributions in business. Back in 2007, she won the Outstanding Asian Business Woman of the Year, and she later won the Businesswoman of the Year in 2012.
Husband and children
Renuka married her late husband Micky Jagtiani in 1973, up until he passed away in May 2023, aged 71, due to a prolonged illness. She has three children named Aarti, Nisha, and Rahul, who all serve as group directors at the Landmark Group.
Renuka Jagtiani net worth
Renuka Jagtiani has an estimated net worth of around $4.8 billion (₹40,040 crore) and was just recently included in Forbes’ list of ‘New Billionaires.’