Mukesh Ambani is a name that is synonymous with wealth, abundance, and prosperity. One of the world’s richest men is chairman and stakeholder at Reliance Industries. Mukesh Ambani started his journey at Reliance in the year 1977, as a board member; Ever since, his growth trajectory has consistently been upward. Under the leadership of Mukesh Ambani, Reliance has ventured into several sectors, namely, petrochemicals, oil and gas, telecommunications, and retail.
Mukesh Ambani Net Worth
As of 2024, Mukesh Ambani’s net worth is $114.3 billion, making him the wealthiest man in Asia and one of the top 10 in the world. His net worth has seen a significant growth from 83.4 billion dollars in 2023.
Families Involvement in Reliance Industries
Mukesh Ambani’s children, Akash, Isha and Anant, are all pivotal parts of the reliance industries, each managing important sectors within this massive empire. Akash leads Reliance Jio, driving innovation and expanding into the telecom industry. Isha leads the retail and finance divisions of the company, using her expertise to enhance the customer experience and market presence. Anant Ambani leads the energy business, helping in the transition towards the renewable energy sector. With a total investment plan of $80 billion this visionary shift, is set to make a huge impact in the green energy sector.
Strong businesses owned by Mukesh Ambani
Reliance Jio
- FY24 Revenue: ₹1,17,805 crore
- FY24 Net Profit: ₹20,000 crore
Reliance Jio’s expansion into 4G and 5G services at affordable rates increased its subscriber base. This made it a leader in the Indian telecom industry.
Reliance Retail
- FY24 Revenue: ₹3,06,848 crore
- FY24 Net Profit: ₹11,101 crore
Reliance Retail has seen substantial growth year on year driven by the expansion of its store network, acquisitions, and demand across various categories.
Mukesh Ambani’s Assets and Liabilities
Real estate investment and its worth
Antilla is Mukesh Ambani’s known asset, a 27-storey skyscraper residence in Mumbai is valued at over 1 billion dollars. Ambani also owns a massive property in London that adds to his real estate portfolio.
| Sr No | Property Name | Purchase Year | Current Price |
| 1 | Stoke Park Home | 2021 | 600 Cr |
Car collections and its worth
He is a true man of taste, class, and luxury. Ambani’s high-end car collection adds to his glam and jazz. He is a proud owner of cars like Mercedes, Rolls Royce, and Bentley, adding to his wealth.
| Sr No | Car Brand | Car Model | Purchase Year | Purchase Price | Current Price |
| 1 | Rolls-Royce | Cullinan | 2019 | $500,000 | $600,000 |
| 2 | Bentley | Bentayga | 2020 | $245,000 | $275,000 |
| 3 | Mercedes-Benz | S600 Guard | 2015 | $1,400,000 | $1,600,000
|
Liabilities
While every businessman has wealth and luxuries, some decisions and moves have put them in debt. To mention the ones that have Mukesh Ambani on their list, they include:
- Operational: Loans and financial obligations made to support operations and expansions for Reliance Industries.
- Investment related: debts incurred to own new companies and technologies to diversify his business portfolio.
Spends at Anant Ambani’s Wedding
As we all know, the recent talk of the town, the pre-wedding bash for Anant Ambani and his daughter-in-law Radhika Merchant, Mukesh Ambai, surely spent lavishly on the pre-wedding functions with a grand event at Jamnagar, Gujrat. With an approximate budget of ₹1259 crore, the festivities were graced by the presence of stars, jazz performances, and expenses.
| Aspect | Details |
| Total Budget | £120 million (Rs 1259 crore) |
| Catering Contract | £20 million (Rs 210 crore) |
| Performance Fee (Rihanna) | $8-9 million (Rs 66-74 crore) |
| Notable Guests | Shah Rukh Khan, Sachin Tendulkar, Mark Zuckerberg and more |
| Travel Arrangements | Rides in Private jets and Rolls-Royce |
| Decor Themes | “An Evening in Everland” and “A Walk on the Wildside” |
| Designer Labels | Manish Malhotra, Tarun Tahiliani, Versace and Louis Vuitton |
Mukesh Ambani’s investment in stocks
With his investments and stocks in Reliance Industries, his business acumen had no boundaries. Here are the investments that Mukesh Ambani has in the below-mentioned companies that make him the world’s wealthiest individual.
| Name | Market Cap (Cr) | Close Price (₹) |
| Reliance Industries Ltd. | 19,85,255.46 | 2934.3 |
| Jio Financial Services Ltd. | 2,36,469.24 | 372.2 |
| Network18 Media & Investments Ltd. | 9,344.02 | 89.25 |
| Just Dial Ltd. | 7,644.9 | 899.0 |
| Hathway Cable and Datacom Ltd. | 3,805.72 | 21.5 |
| DEN Networks Ltd. | 2,441.04 | 51.2 |
| Reliance Industrial Infrastructure Ltd. | 1,944.96 | 1288.05 |
Businesses acquisitions by Mukesh Ambani
Here are strategic acquisitions and partnerships Mukesh Ambani has made to expand his Reliance empire
| Sr No | Property Name | Purchase Year | Total Revenue |
| 1 | Network18 Media & Investments Ltd. | 2012 | ₹ 213.51 Cr. |
| 2 | Saavn (JioSaavn) | 2018 | $33.8 million |
| 3 | Clovia | 2021 | Rs 171.16 Cr. |
Mukesh Ambani continues to expand across diverse sectors. His ventures into telecommunications and retail have contributed to his financial success and at identifying high-growth opportunities. With ongoing acquisitions and innovations, Ambani remains a leader in the global business sector.
Frequently Asked Questions About Mukesh Ambani’s Net Worth
How has Mukesh Ambani contributed to India’s economy?
Mukesh Ambani has impacted India’s economy by creating millions of jobs expanding retail and many other sectors. His efforts have helped boost economic growth and innovation in India.
How is Mukesh Ambani’s net worth calculated?
His wealth is primarily calculated, based on his shareholdings and presence in several industries, including petrochemicals, refining, oil and gas exploration, textiles, retail, and telecommunications.
Why is Mukesh Ambani the richest person in India?
Mukesh Ambani is the richest man as he leads the Reliance industry with a revenue of $110 billion. Considering his decisions and stocks, his net worth is $114.3 billion.
What are Mukesh Ambani’s future plans for Reliance Industries?
Mukesh Ambani aims at expanding the reach and acquisitions for reliance industries while diversifying its footprint in the green energy sector too.
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