The Ambani family is the richest family in Asia and one of the most influential business dynasties in the world. Their wealth and power stem from their flagship company, Reliance Industries, which has interests in sectors such as energy, petrochemicals, telecommunications, retail, and media.
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The Ambani family’s combined net worth is estimated to be more than $200 billion at present which is equivalent to more than ₹16,00,000 crore in Indian rupees. It is more than twice as much as the second-richest family in Asia. The Ambani family has also been expanding their presence in the digital and e-commerce space, attracting investments from global giants like Facebook, Google, and Saudi Aramco.
One of the key members of the Ambani family is Anant Ambani, the youngest son of Mukesh Ambani, the chairman and managing director of Reliance Industries. Anant Ambani is 28 years old and holds a degree in economics from Brown University in the US.
He is a member of the board of directors for Jio Platforms, the digital arm of Reliance Industries, which operates the largest mobile network in India with over 400 million subscribers. Anant Ambani’s net worth is not publicly disclosed, but according to our estimate, he is worth $45 billion, equal to ₹3,73,000 crore.
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Anant Ambani’s Net Worth Compared with Other Family Members
Estimation of Anant Ambani’s Net Worth
Anant Ambani is the youngest son of Mukesh Ambani, the richest man in Asia and the chairman of Reliance Industries Ltd (RIL), India’s largest private sector company. RIL has diversified businesses in oil refining, petrochemicals, retail, digital services, and new energy. According to Forbes, Mukesh Ambani’s net worth was $94 billion as of October 13, 2023.
Though Anant Ambani’s exact net worth is not known publicly, it can be estimated based on his ownership stake in RIL and his inheritance of the assets. He is also involved in the management of RIL’s new energy business, which includes solar, battery, and hydrogen investments. He is a member of the Board of Directors for Entrepreneur One at Reliance Jio, the digital services subsidiary of RIL.
Based on these factors, it is roughly estimated that Anant Ambani’s net worth is $45 billion, equal to ₹3,73,000 crore. However, this figure may vary depending on the market value of RIL’s shares and the performance of its businesses.
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How Anant Ambani’s Wealth Compares to His Father – Mukesh Ambani
Mukesh Ambani is the chairman and managing director of Reliance Industries, India’s largest private company. He is currently the 13th richest man in the world, with a net worth of $97 billion as of November 1, 2023. He ranks below the Top 10 Richest Men on the Forbes World’s Billionaires list, behind some great names like Elon Musk, Bernard Arnault, Jeff Bezos, Larry Ellison, Warren Buffet, Bill Gates, Mark Zuckerberg, Larry Page, Steve Ballmer, Sergey Brin, etc.
But if we compare Anant Ambani’s estimated net worth of $45 billion, it is much less than his father’s net worth of $97 billion. Anant Ambani’s net worth is impressive, but it is only about 46% of his father’s net worth. To put it in perspective, Anant Ambani would need to earn more than $52 billion to match his father’s wealth.
That is equivalent to the combined net worth of the two richest Indians, Shiv Nadar and Dilip Shanghvi, who have $31.2 billion and $20.1 billion respectively. Anant Ambani’s net worth is also less than half of the market capitalization of Reliance Industries, which is $208 billion as of 2023.
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Comparison to His Mother – Nita Ambani
Nita Ambani is the wife of Mukesh Ambani, the richest person in India and the chairman of Reliance Industries, the largest private sector company in the country. She is also the founder and chairperson of Reliance Foundation, the philanthropic arm of Reliance Industries, and the owner of Mumbai Indians, a cricket team in the Indian Premier League.
According to Forbes, Nita Ambani has an estimated net worth of around $1.2 billion as of November 2023, which is derived from her stakes in Reliance Industries and other investments. She is ranked as the 13th richest woman in India and the 1,237th richest person in the world.
Anant Ambani’s net worth outperforms his mother Nita Ambani’s wealth. Anant Ambani’s net worth is mainly attributed to his inheritance of a large portion of his father’s wealth of $97 billion. But Nita Ambani’s wealth is because of the percentage of shares she owns in some of the big companies under Reliance Industries which is worth billions of dollars.
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Anant Ambani’s net worth compared with his siblings Akash Ambani and Isha Ambani
Akash Ambani’s net worth is $47 billion, equal to or more than ₹3,90,000 crore. Akash Ambani is the eldest son of Mukesh Ambani and the twin brother of Isha Ambani. He is the head of Jio, an LTE mobile network operator in India, which has over 400 million subscribers. He is also involved in the retail and e-commerce businesses of Reliance Industries.
Isha Ambani’s net worth is $200 million, which is equal to ₹1,661 crore. Isha Ambani is the daughter of Mukesh Ambani and the twin sister of Akash Ambani. She is the director of Reliance Jio and Reliance Retail, and the founder of AJIO, an online fashion platform. She is also a board member of Reliance Foundation, the philanthropic arm of Reliance Industries, and works very closely with her mother Nita Ambani.
Among the three siblings, Akash Ambani has the highest net worth, followed by Anant Ambani and Isha Ambani. The main reason for Akash Ambani’s massive wealth and fortune is his leadership role in Jio, which has revolutionized the telecom sector in India and become a digital powerhouse.
Even though Anant Ambani is expected to play a bigger role in Reliance Industries in the future, especially in the new energy segment, his net worth is slightly lower than Akash Ambani’s net worth. Isha Ambani’s net worth is much lower than her brothers’, but she is still one of the richest women in India and a successful entrepreneur.
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Anant Ambani’s Net Worth Compared to Extended Family
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Anil Ambani is the younger brother of Mukesh Ambani and the father of Anant’s cousins, Jai Anmol and Jai Anshul. Anil Ambani runs his conglomerate, Reliance ADA Group, which has interests in financial services, defense, infrastructure, and media. However, Anil Ambani has faced a series of financial troubles in recent years, resulting in a steep decline in his net worth. As of November 2023, his net worth was estimated to be $2.5 billion, which is equal to ₹20,769 crore. This means that Anant Ambani is 18 times richer than his uncle Anil Ambani.
Jai Anmol Ambani is the eldest son of Anil Ambani and the executive director of Reliance Capital, the financial services arm of Reliance ADA Group. He joined the company in 2016 and has been involved in various strategic initiatives and business transformations. According to various sources, Jai Anmol Ambani has a reported net worth of $3.3 billion, which is equal to ₹27,415 crore. This means that Anant Ambani is 13.6 times richer than his cousin Jai Anmol Ambani.
Jai Anshul Ambani is the youngest son of Anil Ambani and a student of business management at New York University. He is not actively involved in the family business, but he has a keen interest in music, cars, and aircraft. He owns a collection of luxury vehicles and private jets worth millions of dollars. His net worth is not officially disclosed, but some sources estimate it to be around $240 million, which is equal to ₹1,993 crore. This means that Anant Ambani is 187.5 times richer than his cousin Jai Anshul Ambani.
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Conclusion
In conclusion, our exploration of Anant Ambani’s net worth, alongside other Ambani family members, unveils a dynamic financial landscape. From Mukesh Ambani’s colossal empire to the promising ventures of the younger generation, the family’s wealth is multifaceted.
Despite differences, a common thread of business acumen ties them together. The comparative analysis sheds light on diverse paths to prosperity within this influential family. In final contemplation, the Ambani legacy stands as a testament to India’s economic prowess, reflecting not just wealth, but the entrepreneurial spirit that defines their success.
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