About Mukesh Ambani
  • Mukesh Ambani chairs and runs $110 billion (revenue) Reliance Industries, which has interests in petrochemicals, oil and gas, telecom, retail and financial services.
  • Reliance was founded by his late father Dhirubhai Ambani, a yarn trader, in 1966 as a small textile manufacturer. After his father's death in 2002, Ambani and his younger sibling Anil divvied up the family empire.
  • Reliance's telecom and broadband service Jio has more than 470 million subscribers. In August 2023, Reliance listed its finance arm, Jio Financial Services.
  • Ambani is pivoting Reliance into green energy. The company will be investing $80 billion over the next 10-15 years on renewable energy and building a new complex next to its refinery.
  • Ambani's three children joined the board of Reliance in 2023. Son Akash heads Jio; daughter Isha oversees retail and financial services; and younger son Anant is in the energy business
Wealth History
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Personal Stats
Age
66
Source of Wealth
Diversified
Residence
Mumbai, India
Citizenship
India
Marital Status
Married
Children
3
Education
Drop Out, Stanford University; Bachelor of Science in Engineering, University of Mumbai
Did you know
During the Covid-19 lockdown, Ambani raised more than $20 billion selling a third of Jio to a string of investors, such as Facebook and Google.
Reliance owns Network18, a licensee of Forbes Media.
Ambani's U.S.-educated daughter Isha's marriage to fellow billionaire Ajay Piramal's son in December 2018 drew 10,000 guests, including Hillary Clinton.
Reliance Industries bought the Mandarin Oriental hotel in New York for $98 million.
Ambani's son Anant's pre-wedding gala was held over three days in Jamnagar, Gujarat in March 2024 and had 1,600 guests, including Bill Gates, Mark Zuckerberg and Ivanka Trump.
In Their Own Words

Anything and everything that can go digital is going digital. India cannot afford to be left behind.

Mukesh Ambani
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