Anil Ambani Net Worth, House, Reliance Group

Anil Dhirubhai Ambani is an Indian businessman who is the chairman of Reliance Group (Reliance ADA Group). The Reliance Group was created in July 2006 following a demerger from Reliance Industries Limited. He leads several stocks listed corporations including Reliance Capital, Reliance Infrastructure, Reliance Power and Reliance Communications.

Ambani was 6^th richest person in world but in 2020 Anil ambani net worth in Rs was declared zero announcing him bankrupt in front of UK court.

Anil Ambani Biography & Basic Info   

Childhood

Ambani was born in Mumbai to Dhirubhai Ambani and Kokilaben Ambani. He has an elder brother, Mukesh Ambani and two sisters. His childhood was an average childhood which he spent with his three sibling in a small apartment in Mumbai. He has done his graduation in science from the University of Mumbai and his MBA from the Wharton School of the University of Pennsylvania.

Struggle and Challenges 

 Anil Ambani’s career journey has been marked by both successes and setbacks. He started his career in 1983 as a co-CEO of Reliance Industries, which was founded by his father, Dhirubhai Ambani. Under Anil’s leadership, Reliance Industries expanded into new industries such as telecommunications and infrastructure. Anil also led Reliance’s global expansion, establishing operations in over 20 countries.

In 2006, Reliance Industries was demerged into two companies, Reliance Industries Limited and Reliance Group. Anil Ambani became the chairman of Reliance Group, which includes companies in the telecommunications, infrastructure, power, and financial services sectors.

Reliance Group achieved significant success in the early years after the demerger. Reliance Communications, for example, became India’s second-largest telecommunications company. However, the group’s fortunes began to decline in the late 2000s and early 2010s. This was due to a number of factors, including the global financial crisis, increasing competition in the telecommunications sector, and poor management decisions.

In recent years, Reliance Group has faced a number of financial challenges. Several of the group’s companies, including Reliance Communications and Reliance Capital, have defaulted on their debt obligations. Ambani has also been personally embroiled in a number of legal controversies.

Despite the challenges, Ambani remains a significant figure in Indian business. He is the chairman of one of India’s largest conglomerates and continues to play a role in the country’s economic development.

Achievements & Award

Anil Ambani has received a number of awards and honors over the course of his career, including:

• Businessman of the Year 1997 by Business India
• Businessman of the Year 2006 by The Times of India
• CEO of the Year 2004 at the Platts Global Energy
• Entrepreneur of the Decade Award by the Bombay Management Association
• First Wharton Indian Alumni Award by the Wharton India Economic Forum
• Selected by Asia week magazine for its list of ‘Leaders of the Millennium in Business and Finance’

In addition to these awards, Ambani has also been recognized for his contributions to Indian business and society. He was appointed to the Rajya Sabha, the upper house of the Indian Parliament, in 2004. He is also a member of the boards of directors of a number of prestigious organizations, including the Harvard Business School Alumni Club of India and the Indian Council for Research on International Economic Relations.

Ambani’s achievements have had a significant impact on the Indian economy. He has played a key role in the development of India’s telecommunications, infrastructure, and financial services sectors. He has also created millions of jobs and helped to improve the lives of millions of Indians.

Family & Relation

Anil Ambani is married to Tina Ambani, an actress and former model. They have two sons, Jai Anmol Ambani and Jai Anshul Ambani. Jai Anmol Ambani married to Khrisha Shah, daughter of the late Nikunj Shah, a Mumbai-based entrepreneur on February 20, 2022.

Anil Ambani’s immediate family also includes his older brother, Mukesh Ambani, and two sisters, Nina Kothari and Deepti Salgaocar. Mukesh Ambani is the chairman and managing director of Reliance Industries Limited, one of India’s largest conglomerates. Nina Kothari is married to Bhadra Shyam Kothari, a businessman. Deepti Salgaocar is married to Dattaraj Salgaocar, a mining magnate.

Anil Ambani Net Worth

Anil Ambani net worth is estimated to be around $2.5 billion as of October 2023, according to DTfun. This represents a significant decline from his peak net worth of $42 billion in 2007.

Ambani’s net worth has declined in recent years due to the financial challenges faced by Reliance Group, his flagship conglomerate. Several Reliance Group companies have defaulted on their debt obligations, and Ambani has also been personally embroiled in a number of legal controversies.

Despite the decline in his net worth, Ambani remains a wealthy man. He lives a lavish lifestyle, owning a number of luxury homes and cars. He is also a regular attendee of high-profile social events.

He owns a 27-storey mansion in Mumbai called Sea Wind, which is estimated to be worth over Rs 5,000 crore.

He has a fleet of luxury cars, including a Rolls-Royce Phantom, a Mercedes-Maybach S600, and a Range Rover Autobiography.

He is a frequent flyer on private jets.

He regularly attends high-profile social events, such as the Cannes Film Festival and the Met Gala.

Ambani’s lifestyle is a reflection of his wealth and status. He is one of the richest men in India and enjoys a luxurious lifestyle.

Social Media Engagement 

Controversy

Anil Ambani has been embroiled in a number of controversies over the course of his career. These controversies have ranged from allegations of financial irregularities to allegations of personal misconduct.

2G scam: Ambani was accused of being involved in the 2G spectrum allocation scam, which is one of the biggest corruption scandals in Indian history. He was alleged to have used his political connections to obtain 2G spectrum licenses at below-market prices. Ambani was never convicted of any wrongdoing but the scandal damaged his reputation and led to the decline of his business empire.

Unpaid dues to Ericsson: In 2018, the Supreme Court of India found Ambani in contempt of court for failing to pay dues to Swedish telecom equipment maker Ericsson. Ambani was ordered to pay Ericsson Rs 550 crore within 120 days, or face a three-month prison sentence. Ambani eventually paid the dues, but the controversy further damaged his reputation.

Rafale fighter jet deal: Ambani was accused of having unduly benefitted in the $8 billion Rafale fighter jet offsets deal. He was alleged to have received a lucrative contract to build a manufacturing plant for the Rafale jets, despite having no prior experience in the aerospace sector.

Ambani denied any wrongdoing, but the controversy raised further questions about his business practices.

In addition to these controversies, Ambani has also been accused of financial irregularities at Reliance Group companies, such as Reliance Communications and Reliance Capital. He has also been accused of personal misconduct, such as using his political connections to influence government decisions.

Interesting Facts about Anil Ambani

He is early riser, wakes up at 5 am for maintaining his health by exercising.

He is very health conscious and follow a strict diet plan.

He is good listener and listens to the opinion and view of others and acts accordingly.

He follow a strict daily schedule in is personal and professional life.

He loves driving cars and has a good collection of cars and jets.

He is a spiritual person having faith in Lord Shiva, he took Mansarovar yatra twice.

He is Non–Smoker and Non Drinker.

He loves to have vegetarian food.

In Conclusion overall, Ambani has been a controversial figure, with some praising him for his business acumen and others criticizing him for his aggressive business tactics and his involvement in several legal controversies. He was once one of the richest person in the world but his net worth has declined in recent years.

If there are any discrepancies or if you want to suggest any celebrities for our list, please let us know through the comment form. We welcome your feedback.

Read more: Mukesh Ambani 

FAQ      

Q1. Who is the owner of Reliance?

Ans. Anil ambani is chairman of Reliance group.

Q2. Who is Anil Ambani Wife ?

Ans. Anil Ambani’s wife is Tina Ambani, formerly known as Tina Munim. She is a former Indian actress and model.

Q3. What does Anil Ambani son do?

Ans. Anil Ambani’s elder son, Jai Anmol Ambani, is a director of Reliance Capital and Reliance Infrastructure. He is also the chairman of Reliance Home Finance.

Anil Ambani’s younger son, Jai Anshul Ambani, is a management trainee at Reliance Infrastructure. He is still in the early stages of his career. However, he is expected to play a key role in the Reliance Group in the future.

Q4. What is the Anil Ambani Net Worth in Rupees ?

Ans. Anil Ambani’s net worth in rupees is estimated to be around ₹250 crore as of October 2023, according to DTfun. This represents a significant decline from his peak net worth of ₹1.12 lakh crore in 2006.

Q5.Where is Anil Ambani house?

Ans. Anil Ambani’s house is located in Pali Hill, Mumbai, India. It is a 17-storey mansion called Abode.