Subbamma Jasti A 91 Year Old Is India's Oldest Woman Billionaire.

Subbamma Jasti has become India's oldest women billionaire, as per the real-time billionaires' list by Forbes. Ms Jasti marked her debut on the Forbes list last month when her net worth touched $1.1 billion.

Let us take a look at who is Subbamma Jasti

– Subbamma Jasti, 91, is the mother of Venkateswarulu Jasti, who co-founded Suven Pharmaceuticals in 1989. She lives in Hyderabad. 

— Her son used to run a chain of six community pharmacies in the state of New York and New Jersey in the United States in the 1970s and 1980s. 

– The biggest chunk of Ms Jasti's inheritance is derived from the sale of a substantial stake in listed Suven Pharmaceuticals in 2022 to global private equity firm Advent International, as per Forbes.

– Subbamma Jasti has inherited the assets of her husband Subba Rao Jasti after his death in February last year.

She has occupied 2653 rank on the Forbes billionaire list in the world

Comments