Mukesh Ambani

Chairman and managing director, Reliance Industries

$105.14B

as of 10/29/24

About Mukesh Ambani

Mukesh Ambani chairs and runs $120 billion (revenue) Reliance Industries, which has interests in petrochemicals, oil and gas, telecom, retail, media 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 490 million subscribers. In July 2023, Reliance listed its finance arm, Jio Financial Services.

Ambani has expanded 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

Personal stats

Citizenship

India

Source of wealth

Diversified

Residence

Mumbai, India

Marital status

Married

Birth date

04/19/57 (age 67)

Number of children

Education

Drop Out, Stanford University; Bachelor of Science in Engineering, University of Mumbai

Self-made

inherited and growing

Mukesh Ambani’s fortune is worth

troy ounces of gold

median U.S. household

median U.S. income

2.103%

U.S. credit card volume

0.421%

GDP of the United States

0.309%

United States debt

Net worth history

Annual ranking

Did you know?

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.