Economy Politics Local 2026-02-15T19:18:08+00:00

Indian Billionaire Valgony Nayar Ranks 71st on Forbes List

Valgony Nayar, founder of Nykaa, has been named among India's 100 richest with a $4.2 billion fortune. She is one of only two women in the country to have self-made billionaire status.


Indian Billionaire Valgony Nayar Ranks 71st on Forbes List

Valgony Nayar, born and raised in a Gujarati family in Mumbai, is one of only two women in India who have built their own wealth and made it to the billionaire list. According to the Forbes list of 'India's 100 Richest' for 2024, released on October 9, Valgony Nayar and her family ranked 71st with a fortune estimated at approximately $4.2 billion. Valgony Sanjay Nayar, born on February 19, 1963, is an Indian businesswoman and self-made billionaire, considered one of the leading figures in the beauty and lifestyle retail sector in India. She is the founder and CEO of Nykaa, officially known as 'FSN E-Commerce Ventures', a name derived from her own.