Credit: Vogue
From entrepreneur to success: Unveiling Falguni Nayar’s remarkable net worth story.
Falguni Sanjay Nayar is an Indian billionaire businesswoman. She is the founder and CEO of the beauty and lifestyle company, Nykaa. Falguni is known as one of the two self-made female Indian billionaires. In this article, we will discuss Falguni Nayar’s net worth, lifestyle, and assets.
Known as one of the two self-made billionaires in India, Falguni Nayar’s net worth, according to Forbes, is $2.6 billion, as of June 2023. On November 10, 2021, Nykaa went public with an estimated $13 billion. As a result, Nayar’s net worth increased to $6.5 billion shortly after Nykaa went public, making Falguni the richest self-made woman in India and propelling her into the top 20 Indians by net worth. Nayar debuted at position 44 in the Forbes India Rich List published in 2022.
Name | Falguni Sanjay Nayar |
Profession | Entrepreneur |
Net worth in USD | $2.6 billion |
Net worth in Rupees | 21000 crores (approx) |
Monthly Income | $1 million (approx) |
Yearly Income | $5 million (approx) |
Last Update | June 2023 |
Here’s an estimated net worth growth for Falguni Nayar through the years:
Year | Net Worth |
2023 | $2.6 billion |
2022 | $4.5 Billion |
2021 | $5.5 Billion |
2020 | $5.0 Billion |
2019 | $4.0 Billion |
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Born and brought up by her parents in Gujarat, Falguni was an ingenious student since her childhood. After completing her higher secondary education, Falguni pursued a Bachelor of Commerce at the Sydenham College of Commerce and Economics, Mumbai, Maharashtra, India. Later, she attended the Indian Institute of Management, Ahmedabad, where she obtained a postgraduate degree.
Soon after completing her formal education, Falguni started working as a consultant at A. F. Ferguson & Co. Later, in 1993, she joined the Kotak Mahindra Bank, where she was appointed as head of mergers and acquisitions. In 2005, she was appointed as the Managing Director of Kotak Mahindra Capital. She achieved immense success in the Kotak Mahindra Group, but she wanted to reach more heights. So, in 2012, she decided to quit her job.
In 2012, at the age of 50, she founded Nykaa, and guess what, she founded her startup with $2 million of her own money. Now, as of 2021, Nykaa was worth $2.3 billion.
In 1987, Falguni married her college sweetheart, Sanjay Nayar. Interestingly, they met each other in the business school after which they decided to get married.
The couple has a daughter, Adwaita Nayar, who is the CEO of Nykaa’s fashion, and a son, Anchit Nayar who heads the retail and e-commerce division.
There are some very expensive cars owned by Falguni Nayar. They are,
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Although there seems to be not much information available on the Internet about Falguni Nayar’s assets, we can expect that the wealthiest women have some massive properties and homes across the country. Besides this, according to reports, Falguni has an annual salary of approx Rs 10.8 crores.
Falguni Nayar is an Indian billionaire businesswoman who is known as the founder of the beauty startup, Nykaa.
As of 2023, Falguni Nayar’s net worth is estimated to be $2.6 billion.
Nykaa was founded by Falguni Nayar in 2012.
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