Name | Anil Ambani |
Net Worth | $2.5 Billion |
Age | 63 |
Gender | Male |
DOB | 4 June 1959 |
Spouse | Tina Ambani |
Nationality | Indian |
Net Worth(in INR) | 250 Crores |
Qualification | Post Graduation (MBA) |
Profession | Business person |
About Anil Ambani
Anil Ambani full name Anil Dhirubhai Ambani was born on 4 June 1959. He is an Indian businessperson; owner, managing director, Chairman, and CEO of Reliance Group (a.k.a. Reliance ADA Group). It was created in 2006 after parenting its ways from Reliance Industries Limited. He also owns several stocks listed corporations including Reliance Capital and Reliance Power.
Earlier there was a time when was called the sixth richest person in the world. But later on, he was summoned to the UK Court in February 2020. He was declared bankrupt with a net worth of zero. Although the accusation is still in question.
Early Life
Anil Ambani was born into a Gujarati family in the village of Chorwad near Junagadh in Gujarat’s Kathiawar area. He is the son of textile magnate Dhirubhai Ambani and his wife, Smt. Kokilaben Ambani who is a committed Homemaker. He used to live with his family in a 2 Bedroom Apartment in Bhuleshwar, Mumbai. He is the youngest of three siblings, with one brother and two sisters. He has an elder brother, Mukesh Ambani, and two sisters Deepti Salgaocar (wife of Dattaraj Salgoncar) and Nina Kothari (wife of late Bhadra Shyam Kothari). He did his Bachelor’s from Kishinchand Chellaram College and received an MBA degree from the Wharton School of the University of Pennsylvania in 1983.
Personal Life
Anil Ambani is married to Tina Munim (Former Indian Film Actress). He married her after facing a lot of resistance from her family as she was from the Fashion and Glamour world. They were blessed with two sons Jai Anshul Ambani and Jai Anmol Ambani. Jai Anmol Ambani, Ambani’s oldest son, married Krisha Shah, daughter of the late Nikunj Shah, a Mumbai-based entrepreneur, on February 20, 2022.
Apart from being a Businessman, he is a long-distance marathon runner. He has successfully engaged in over 50 half and full marathons. He is a wildlife and nature conservationist. Also, he is deeply spiritual and a very big devotee of Mahadev. He has done Mahadev Kailash Yatra twice.
Career
Anil Ambani’s father Dhirubhai Ambani died in 2002 and he declared nothing as to how the business will continue after his demise. After a lot of disagreement between him and his brother Mukesh, their mother took a step and split the family business between the two brothers. He received some major parts from Reliance Groups including telecom, entertainment, financial services, power, and infrastructure.
In 2005, he made his entry into the Entertainment Industry by investing in Adlabs Films. Afterward, the name of the company was changed to Reliance MediaWorks in 2009. Ambani’s global entertainment business was founded in 2008 with a $1.2 billion joint venture with Steven Spielberg’s production company DreamWorks. He has made several contributions to the production of several Spielberg films, including the film Lincoln which later won an award.
In 2019, he was summoned to a Mumbai court in some criminal contempt for non-payment of personally guaranteed debt the company took from Ericsson. He was not put in jail directly but was given some time to come up with the funds. Later, he was bailed by his brother, Mukesh Ambani.
He was also involved in a court battle with three Chinese banks in February 2020.
The court ordered him to set aside US$100 million, prompting him to declare that his net worth is currently zero after accounting for his liabilities. The dispute is still going on. In 2021, his name along with his brother was given in Pandora papers. Further in 2023, the Bombay High Court questioned the Income Tax Department’s accusation of tax evasion against Anil Ambani, following his suit and challenging the judgment of the notice issued by the IT department.
But Recently Anil Ambani’s company stocks are interesting to investors.
Awards and Achievements
Year | Name of the Award | Award Giving Organization |
1998 | Businessman of the Year 1997 | Business India(A Business Magazine) |
2006 | the Businessman of the Year | The Times of India |
2006 | Best role model | India Today magazine(in the biannual mood of their national poll ) |
2004 | The CEO of the Year 2004 | Platts Global Energy Awards |
2002 | The Entrepreneur of the Decade Award | Bombay Management Association |
2001 | First Wharton Indian Alumni Award | Wharton India Economic Forum |
1999 | Leaders of the Millennium in Business and Finance | Selected by Asiaweek magazine |
Net Worth of Anil Ambani
As per research, We found that Anil Ambani’s estimated net worth is $2.5 Billion as of now.
Anil Ambani owns:
- Reliance Capital
- Reliance Communications Limited
- Kokilaben Dhirubhai Ambani Hospital.
- Reliance Infrastructure Limited
- Reliance Entertainment
- Reliance Power
Lifestyle
Anil Ambani resides in a lavish 17-storey house at Pali Hills in Mumbai. His property is spread over an area of 16000 sq. ft. The family gave a name to the house, “Abode” which means the place where you live. The property has all the luxuries, including a gym, swimming pool, and a huge garage to display his collection of cars. His home is one of the most expensive homes in India valued at 5000 crore INR.
He has a massive collection of Luxury cars. Some of them are – Lamborghini Gallardo, Rolls Royce Phantom (worth 3.5 crores), W221 Mercedes Benz S class, Range Rover Vogue, Toyota Fortuner, Lexus SUV, and Mercedes GLK350. He also owns a private jet Bombardier Global Express XRS valued at 311 crores.
Conclusion
“Live life king size” is something Anil Ambani teaches all of us. He is a very hardworking businessman and has made a lot of contributions towards the people and society with his business Group “Reliance ADA”. Though he faced some legal issues and was penalized for his ongoing court case with Ericsson, he still lives happily in his lavish house. Let’s hope that soon he got free from all these legalities and contributes even more to society.
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Frequently Asked Questions
He had $42 billion of net worth and he lost it all due to bankruptcy and indeed with $0 in 2020.
Anil Ambani and Tina Ambani both attended their nephew Anant Ambani’s engagement.
His net worth becomes zero after considering his liabilities into account.
He is very punctual and disciplined working a 12-hour shift.
Mukesh Ambani is Anil Ambani’s Elder brother.
