Who is Mukesh Ambani & his Net Worth?

If you want to know who Mukesh Ambani is, then you need to know a little bit about the history of Reliance Industries. Mukesh Ambani is the chairman and managing director of Reliance Industries, which is an Indian conglomerate. His late father, Dhirubhai Ambani, founded the company in 1966. Reliance Industries is headquartered in Mumbai and has interests in petroleum, chemicals, textiles, natural gas, and retail. As of 2019, it is India’s second-largest company by revenue. He is the richest man in Asia and the 7th richest in the world.

Mukesh Ambani Family Background

Mukesh Ambani was born on April 19, 1957, in Aden, Yemen. He is the eldest son of Dhirubhai Ambani and Kokilaben Ambani. He has two younger brothers: Anil Ambani and Nirvana Ambani. The family moved back to India in 1958 when Dhirubhai Ambani started a textile business.

Who is Mukesh Ambani Father?

Dhirubhai Ambani (December 28, 1932 – July 6, 2002) was an Indian business tycoon who founded Reliance Industries in Bombay with his cousin. He appeared on the Forbes list of the world’s richest people from 1996 to 2000 and is credited with building a business empire, starting modestly in the late 1950s.

Dhirubhai Ambani father of Mukesh Ambani
Image Courtesy: deshgujarat.com

Ambani took his company public in 1977, and by 2007 it had grown to be India’s fourth-largest publicly traded company by market capitalization; however, because of a dispute between him and his sons over control of the company, he split Reliance into two companies in 2006: Reliance Industries and Reliance Anil Dhirubhai Ambani Group. Dhirubhai Ambani was born on December 28, 1932,

Who is Mukesh Ambani Wife?

Nita Ambani (née Dalal) is an Indian businesswoman. She is the chairperson and founder of the Reliance Foundation. She is also a non-executive director of Reliance Industries. Nita Ambani is married to Mukesh Ambani, the chairman and managing director of Reliance Industries. She was born on November 1, 1963, in Mumbai, India. Her father, Ramniklal Dalal, was a textile merchant. Her mother, Kokilaben Dalal, was a housewife.

Nita Ambani has two brothers: Naresh Dalal and Nishant Dalal. Nita Ambani attended the Guru Nanak Khalsa College in Mumbai. She then studied at the Narsee Monjee College of Commerce and Economics. In 1986, she received a BA degree in Interior Design from the Academy of Arts, New York. Nita Ambani is married to Mukesh Ambani, the chairman and managing director of Reliance Industries. She also is the owner of the IPL cricket Team Mumbai Indians.

Mukesh Ambani Children

Mukesh Ambani and Nita Ambani have three children: Akash, Isha, and Anant. Isha Ambani is the eldest daughter of Mukesh Ambani and Nita Ambani. She is a businesswoman and the executive director of Reliance Jio. Isha Ambani was born on October 23, 1991, in Mumbai, India. She attended Dhirubhai International.

Mukesh Ambani Son

His son Akash is married to Shloka Mehta who welcomed their child in December 2020. After graduating, Akash Ambani has been working on Reliance Group’s digital policy. According to the company, Akash’s contributions aided in the expansion of its digital services sector. For the last several years, Akash Ambani has worked for Reliance Jio. She is married to Anand Piramal who is also a business tycoon.

Mukesh Ambani Brother and Sister

Mukesh Ambani has a younger brother Anil Ambani and two sisters: Nina Kothari (Industrialist) and Deepti Salgaonkar.

Mukesh Ambani Education

Mukesh Ambani attended the Hill Grange High School in Mumbai. He then studied at the Institute of Chemical Technology (formerly known as the University Department of Chemical Technology). In 1981, he received a BE degree in chemical engineering. He then went to Stanford University, where he obtained an MS degree in a chemical engineering career. After completing his studies, Mukesh Ambani returned to India and joined Reliance Industries.

He played a key role in expanding the company’s textiles business. He also oversaw the construction of a plant that manufactured polyester filament yarn. In 1985, he was appointed as the managing director of Reliance Industries. Under his leadership, the company diversified into other businesses, such as petroleum, chemicals, and telecommunications. In 2002, he launched Reliance Infocomm Limited (now known as Reliance Jio), which revolutionized the Indian telecommunications sector.

Mukesh Ambani Awards and Honors

Mukesh Ambani has received several awards and honors throughout his career. In 2010, he was ranked by Forbes magazine as the seventh-richest person in the world. In 2019, he was ranked by Bloomberg as the eighth-richest person in the world. He has also been honored with the Padma Vibhushan, India’s second-highest civilian award.

Mukesh Ambani House – Antillia

Mukesh Ambani House Antilia
Image Courtesy: A.Savin, WikiCommons

Mukesh Ambani lives in a 27-story building named Antilia. It is located in Mumbai, India. Antilia is the world’s second most expensive residential property, after Buckingham Palace. The building has a helipad, six floors of parking, nine high-speed elevators, and three stories of servants’ quarters. The building also has a health club, a spa, and an outdoor pool.

Mukesh Ambani Cars Collection

Mukesh Ambani owns a Bentley Bentayga, Rolls-Royce Phantom Drophead Coupe, Maybach 62S Landaulet, Porsche 911 Turbo S, and BMW 7 Series.

Mukesh Ambani Net Worth

As of 2021, Mukesh Ambani’s net worth is $99.4 billion.

Also, read about: India’s most richest man Gautam Adani

Mukesh Ambani Salary

Mukesh Ambani Monthly income is $0.5 billion while his annual salary is $6 billion+. Following the creation of the Jio Brand, Mr. Ambani has disrupted the telecommunications industry. Jio is India’s largest 4G network and has a high-speed Internet connection. With the advent of Jio, India’s Internet use has rapidly risen to one of the world’s top locations.

Mr. Ambani owns numerous academic and health care institutions thanks to his business and financial achievements. This entrepreneur donates significant money to several sectors, particularly education and healthcare. 

Board Memberships

  • Member of Board of Governors Institute of Chemical Technology, Mumbai
  • Chairman, managing director, Chairman of Finance Committee, and Member of Employees Stock Compensation Committee, Reliance Industries Limited
  • Former chairman, Indian Petrochemicals Corporation Limited
  • Former vice-chairman, Reliance Petroleum
  • Chairman of the board, Reliance Petroleum
  • Chairman and Chairman of Audit Committee, Reliance Retail Limited
  • Chairman, Reliance Exploration and Production DMCC
  • Former Director, Member of Credit Committee, and Member of Compensation & Benefits Committee, Bank of America Corporation[53]
  • President, Pandit Deendayal Petroleum University, Gandhinagar, Gujarat

Philanthropy

Mukesh Ambani and Nita Ambani have given away more than $2 billion to charitable causes. They have pledged to give away another $2 billion over the next 10 years.

Reliance Foundation: The Reliance Foundation is a philanthropic foundation founded by Mukesh Ambani and Nita Ambani in 2010. The foundation works on various issues such as education, health, rural transformation, urban renewal, arts, culture, and sports.

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