Net worth

Mukesh Ambani Net Worth: Inside the Fortune of Asia’s Richest Businessman

Mukesh Ambani Net Worth: Inside the Fortune of Asia’s Richest Businessman

Mukesh Ambani, one of the world’s most influential industrialists and a titan of global business, has an estimated net worth of $90 billion. For over a decade, he has consistently ranked as the richest individual in India and among the wealthiest worldwide. Ambani serves as the chairman and largest shareholder of Reliance Industries Limited (RIL), a Fortune Global 500 conglomerate and India’s most valuable company by market capitalization.

  • Mukesh Ambani Net Worth: $90 Million
  • Date of Birth: April 19, 1957
  • Place of Birth: Aden
  • Nationality: Indian

Early Life

Mukesh Dhirubhai Ambani was born on April 19, 1957, in Aden, then a British colony (now Yemen). In 1958, the family returned to India, where Dhirubhai started a small spice and textile business in Mumbai. Mukesh attended Hill Grange High School and later graduated with a degree in Chemical Engineering from the Institute of Chemical Technology (formerly UDCT), Mumbai. He briefly pursued an MBA at Stanford University before dropping out to assist his father in building Reliance’s PFY manufacturing plant.

Building the Reliance Empire

Born into business royalty, Mukesh Ambani was mentored by his father Dhirubhai Ambani, the founder of Reliance Industries. While Reliance began as a textiles and polyester company, Mukesh was instrumental in expanding its reach into petrochemicals, oil refining, and eventually oil and gas exploration. His strategic vision turned Reliance into a diversified energy and infrastructure giant.

A defining moment in his career came in 2002, when he launched Reliance Communications Limited, setting the stage for the group’s entry into telecommunications. But it was the 2016 launch of Reliance Jio that shook India’s telecom landscape. By offering ultra-affordable 4G data and voice services, Jio rapidly amassed millions of subscribers and forced competitors to cut prices and innovate.

Under Ambani’s stewardship, Reliance has also made massive inroads into retail and digital services. Reliance Retail is now the largest retail chain in India, while Jio Platforms has attracted billions in global investments from tech giants eager to gain a foothold in India’s booming digital market.

Mukesh Ambani

Leadership at RIL

In the early 1980s, after the Indian government liberalized PFY manufacturing, Dhirubhai secured one of the limited licenses. Mukesh, then only 24, was entrusted with setting up the plant—an early indication of his leadership acumen.

Following Dhirubhai’s death in 2002, a succession feud emerged between Mukesh and his younger brother Anil. Their mother eventually brokered a split of the family business in 2005, with Mukesh taking control of Reliance Industries Limited and the Indian Petrochemicals Corporation Limited.

Among his signature projects is the Jamnagar Refinery in Gujarat, the world’s largest grassroots petroleum refinery, capable of producing 660,000 barrels per day. This mega-project further strengthened Reliance’s position in the energy sector.

Ambani’s aggressive investments in digital infrastructure—especially with Jio—positioned Reliance as a future-ready conglomerate. He even introduced LYF smartphones under Jio in 2016, which became one of India’s top-selling brands within months.

Global Recognition

Ambani’s corporate achievements have not gone unnoticed. In 2010, the Harvard Business Review named him the 5th-best performing global CEO. According to Bloomberg’s “Robin Hood Index” in 2018, his wealth was large enough to fund the Indian government’s operations for 20 days.

Despite his success, Ambani has faced controversies. In February 2014, a criminal complaint was filed against him alleging irregularities in the pricing of natural gas from the KG Basin.

Mukesh Ambani

Sports

A sports enthusiast, Ambani bought the Mumbai Indians cricket team in 2008 for $111.9 million, making him the world’s richest sports team owner at the time. He also founded the Indian Super League, a football league aimed at popularizing the sport in India.

Ambani made history as the first non-American to join the board of Bank of America, and serves as the President of Pandit Deendayal Petroleum University in Gujarat.

Personal Life

Mukesh Ambani married Nita Ambani in 1985, a union arranged by his father after seeing Nita perform at a dance recital. They have two sons and a daughter.

In 2007, he gifted Nita a luxurious Airbus A319 worth $60 million for her birthday. The jet includes a living room, sky bar, WiFi, Jacuzzi, and more.

Ambani’s accolades include:

  • Ernst & Young Entrepreneur of the Year (2000)
  • Businessman of the Year by Financial Chronicle (2010)
  • Global Leadership Award by the BCIU (2010)
  • Othmer Gold Medal from the Chemical Heritage Foundation (2016)
  • Honorary Doctorate of Science from M.S. University of Baroda

Antilia

The Ambani family resides in Antilia, a 27-story private skyscraper in Mumbai valued at over $1 billion. The home is equipped with:

  • 3 helipads
  • A 160-car garage
  • Private movie theater
  • Indoor swimming pool
  • Fully-equipped fitness center
  • A staff of 600 to manage the residence

Antilia isn’t just a home—it’s a symbol of Ambani’s towering success and India’s economic ascent.

Mukesh Ambani Net Worth

Mukesh Ambani net worth is $90 billion.

Andrew Walyaula
Author: Andrew Walyaula

Andrew Walyaula is a seasoned multimedia journalist. satrendmagazine@gmail.com

Andrew Walyaula

About Author

Andrew Walyaula is a seasoned multimedia journalist. satrendmagazine@gmail.com

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