Mukesh Ambani Net Worth – Who is Mukesh Ambani? Mukesh Dhirubhai Ambani (born April 19, 1957, in Aden, Yemen) is one of the world’s most influential business figures and the driving force behind Reliance Industries Limited (RIL).
As chairman and managing director of RIL, Ambani has steered the Indian multinational conglomerate into sectors ranging from petrochemicals to telecommunications, transforming it into a global powerhouse.
With a staggering net worth of $117.5 billion as of March 2024, Mukesh Ambani remains Asia’s wealthiest individual and consistently ranks among the top 10 billionaires worldwide.
Mukesh Ambani Biography
Full Name | Mukesh Dhirubhai Ambani |
Stage Name | Mukesh Ambani, Muku |
Born | April 19, 1957 |
Age | 67 years old (as of 2024) |
Place of Birth | Aden (present-day Yemen) |
State of Origin | Mumbai |
Religion | Gujarati Hindu, Hinduism |
Nationality | Indian |
Occupation | Businessman • Chairman and Managing Director (Reliance Industries) |
Height | 1.69m |
Parents | Dhirubhai Ambani (father), Kokilaben Ambani (mother) |
Siblings | Anil Ambani (Brother), Nina Bhadrashyam Kothari (Sister), Dipti Dattaraj Salgaocar (Sister) |
Wife | Nita Ambani (m. 1985) |
Children | Anant Ambani (Son), Akash Ambani (Son), Isha Ambani (Daughter) |
Relationship | Married |
Net Worth | $117.8 billion |
Early Life
Mukesh Dhirubhai Ambani was born on April 19, 1957, in Yemen into the family of Mr Dhirubhai Ambani and Mrs Kokilaben Ambani. His father, a visionary entrepreneur, laid the foundation for Reliance Industries, which Mukesh would later lead to greater heights.
The Ambani family returned to India when Mukesh was young, and they settled in Mumbai, where his journey toward becoming one of the world’s wealthiest men began.
Mukesh Ambani Age
As of 2024, Mukesh Ambani is 67 years old, and his age reflects not only his wisdom but also his extensive experience in shaping the Indian business landscape.
Parents
Mukesh Ambani’s father, Dhirubhai Ambani, was a self-made entrepreneur who started Reliance Industries from scratch and turned it into a business empire. His mother, Kokilaben Ambani, played a significant role in maintaining the family’s values and culture, which greatly influenced Mukesh’s upbringing.
Mukesh Ambani Family
The Ambani family has always stayed close-knit. Mukesh’s siblings include his brother Anil Ambani and two sisters, Nina Kothari and Dipti Salgaoncar. While his siblings have their business ventures, Mukesh remains at the helm of the family empire, managing Reliance Industries alongside his wife and children.
Education
Mukesh Ambani attended Hill Grange High School in Mumbai and later went on to study at St. Xavier’s College. He earned a Bachelor’s degree in Chemical Engineering from the University of Mumbai.
His thirst for knowledge led him to pursue a Master of Business Administration (MBA) at Stanford University, although he left the program early to join Reliance and work alongside his father.
Career
Mukesh Ambani officially began his career in 1980 when he joined Reliance Industries, a company founded by his father. He played a critical role in expanding the company’s petrochemical, refining, and oil sectors, which led to its exponential growth.
Under Mukesh’s leadership, Reliance Industries diversified into telecommunications and retail, with Reliance Jio revolutionizing the telecom industry in India. Today, Reliance is a conglomerate with interests in petrochemicals, energy, textiles, and digital services.
Reliance Industries: Expanding the Legacy
In 1980, Mukesh Ambani joined Reliance Industries, assisting his father in expanding the business. Over the years, he diversified the company’s operations into energy, textiles, retail, and most notably, telecommunications with the launch of Reliance Jio in 2016.
Jio revolutionized the telecom industry in India, offering affordable internet services and quickly amassing millions of subscribers. Today, Reliance is a juggernaut in multiple sectors, contributing significantly to India’s economy and cementing Ambani’s place as one of the world’s foremost business leaders.
Anant Ambani and Radhika Merchant’s Wedding
Mukesh Ambani’s youngest son, Anant Ambani, is set to marry Radhika Merchant, a board director at her father Viren Merchant’s company, Encore Healthcare, in July 2024. The impending nuptials have garnered significant attention, with extravagant pre-wedding celebrations and star-studded guest lists that reflect the Ambanis’ status.
Mukesh Ambani Son Wedding
In early March 2024, the Ambani family kicked off the pre-wedding festivities with a grand event in Jamnagar. The celebrations featured a performance by global pop sensation Rihanna, and the guest list was a who’s who of international business and entertainment figures, including Mark Zuckerberg, Bill Gates, Sundar Pichai, Amitabh Bachchan, Shah Rukh Khan, Gautam Adani, and Kumar Mangalam Birla.
The wedding festivities continued with a lavish cruise in June, sailing from Italy to France. The Ambanis spared no expense, with performances by pop stars Katy Perry and the Backstreet Boys, providing entertainment for Bollywood celebrities and cricket icons. The sheer scale and grandeur of the event highlighted the Ambani family’s influence, with global superstars participating in the lead-up to the wedding.
Between the June cruise and the July wedding, the Ambanis organized yet another star-studded event: a concert in Mumbai featuring Canadian pop star Justin Bieber. This was just one of the many glamorous events leading up to the big day, reflecting the Ambanis’ flair for hosting world-class celebrations.
The wedding, set for the weekend of July 12, 2024, is expected to be a monumental event. The Ambani family will host some of the world’s most renowned personalities, including former UK prime minister Boris Johnson, Bollywood superstar Priyanka Chopra Jonas, her husband Nick Jonas, American television personality Kim Kardashian, and Indian prime minister Narendra Modi.
Personal Life
Mukesh Ambani married Nita Ambani in 1985, and together they built not only a thriving family but also a philanthropic empire. The couple has three children: Akash, Anant, and Isha.
Mukesh’s close relationship with his family has been a cornerstone of his life, with his children now taking on leadership roles within Reliance Industries.
Mukesh Ambani Wife
Nita Ambani, born on November 1, 1963, has been Mukesh Ambani’s partner in life and business. Before their marriage, Nita was a teacher and had a passion for the arts. Today, she is a prominent philanthropist, heading the Reliance Foundation, and has played a significant role in the family’s charitable initiatives.
Mukesh Ambani House
Mukesh Ambani’s residence, Antilia, is one of the most famous private homes globally. Located on Altamount Road in Mumbai, Antilia is a 27-story skyscraper complete with luxurious amenities such as a private theater, several swimming pools, and a sprawling garden. Valued at over USD 2 billion, Antilia is a symbol of Mukesh’s immense wealth and his penchant for extravagance.
How Did Mukesh Ambani Become So Rich?
Mukesh Ambani’s rise to immense wealth can be attributed to his strategic leadership at Reliance Industries. He expanded the company’s operations from oil refining and petrochemicals into telecommunications and retail.
The launch of Reliance Jio, which provided affordable data and telecomunications services across India, was a game-changer. With over 400 million subscribers, Jio disrupted the Indian telecom market, making Mukesh Ambani one of the richest individuals in the world.
How Many Companies Are Owned by Mukesh Ambani?
Mukesh Ambani’s Reliance Industries owns a diversified portfolio of businesses, including Reliance Retail, Reliance Jio, Reliance Petroleum, and Reliance Industrial Infrastructure Limited. Reliance is involved in sectors like petrochemicals, refining, oil, telecommunications, and retail, making it a colossal conglomerate in India.
What Did Nita Ambani Do Before Marriage?
Before her marriage to Mukesh, Nita Ambani was a teacher with a passion for Bharatanatyam, a classical Indian dance form. She has since taken on a more prominent public role as the founder of the Reliance Foundation, where she oversees a range of philanthropic initiatives in education, healthcare, and rural development.
Awards and nominations
- Foreign Associate, U.S. National Academy of Engineering This prestigious recognition was given to Ambani for his leadership in engineering and business, particularly in oil refineries, petrochemical products, and related industries. Electing the National Academy of Engineering is considered one of the highest professional distinctions in engineering.
- Ranked 5th-Best Performing Global CEO. This recognition highlights Ambani’s strategic vision and leadership, which have positioned Reliance Industries as a global leader.
- Global Leadership Award The organization awarded this title is not publicly available, but it further underscores Ambani’s influence on international business.
- Elected Vice Chairman of the Executive Committee of the World Business Council for Sustainable Development. This appointment reflects Ambani’s commitment to sustainable business practices and his leadership role in promoting environmental responsibility within the corporate world.
- US-India Business Council ‘Global Vision’ Award for Leadership This award acknowledges Ambani’s contributions to strengthening economic ties between the United States and India.
- Economic Times ‘Business Leader of the Year Award. Ambani received this award twice which recognizes his exceptional leadership within the Indian business community.
- World Communication Award – ‘Most Influential Person’ in Telecommunications This award from Total Telecom underlines Ambani’s pivotal role in shaping the telecommunications industry, particularly through his leadership of Reliance Jio.
Social Media
Although Mukesh Ambani maintains a low profile on social media, Reliance Industries and Nita Ambani are active online, providing updates on their ventures and philanthropic activities. The Ambani family is often the subject of news articles and social media discussions due to their influence in business and society.
Mukesh Ambani Net Worth
As of April 2024, Mukesh Ambani’s net worth is estimated at USD 115.7 billion. In Indian rupees, this amounts to approximately ₹7.75 lakh crore, making him one of the wealthiest individuals in the world. His diversified investments in industries like telecommunications, oil, and retail have significantly contributed to his staggering wealth.
FAQs
Q. What is Mukesh Ambani’s net worth in Indian rupees?
A. Mukesh Ambani’s net worth in Indian rupees is ₹7.75 lakh crore (as of April 2024).
Q. How many children does Mukesh Ambani have?
A. Mukesh Ambani has three children: Akash, Anant, and Isha.
Q. What is Mukesh Ambani’s son’s marriage date?
A. Mukesh Ambani’s youngest son, Anant, will marry Radhika Merchant on July 12, 2024.
Q. What is Mukesh Ambani’s per second income?
A. Mukesh Ambani’s per second income is approximately ₹23,000.
Q. How many luxury cars does Mukesh Ambani own?
A. Mukesh Ambani owns a fleet of 168 luxury cars, including models from Maybach and Ferrari.
Conclusion
Mukesh Ambani’s journey from his early years to becoming one of the most powerful and influential businessmen in the world is nothing short of inspirational.
With a keen eye for innovation, a commitment to his family, and an enduring legacy through Reliance Industries, Mukesh Ambani has redefined success in the global business world. His wealth, achievements, and contributions to society reflect a life driven by ambition, determination, and a desire to leave a lasting impact.
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