Anant Ambani’s Net Worth in 2024: Is He Already a Billionaire?

Anant Ambani net worth

Anant Ambani is the youngest son of Mukesh Ambani, Asia’s richest man and the chairman of Reliance Industries, India’s largest conglomerate. According to Forbes, Mukesh Ambani’s net worth is ₹8,05,506 crore ($97 billion) as of November 2023, making him the 13th richest person in the world. Anant Ambani, who is 28 years old, is estimated to have a net worth of ₹3,73,000 crore ($45 billion) in 2023. But is he already a billionaire? And what are the factors that influence his net worth?

In this blog post, we will explore the sources of Anant Ambani’s wealth, his role in Reliance, his investments, and his lifestyle. We will also examine the challenges and opportunities that he faces as the heir of one of India’s most influential business families.

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Anant Ambani’s Net Worth and Family Wealth

Anant Ambani's family
Anant Ambani with his full family

Anant Ambani is the youngest son of Mukesh and Nita Ambani, who are the richest family in Asia and one of the wealthiest families in the world. According to Forbes, the Ambani family had a combined net worth of over $200 billion as of December 2023. The main sources of their wealth are Reliance Industries, Jio Platforms, Reliance Retail, and other businesses.

Reliance Industries is India’s largest private sector company, with interests in oil and gas, petrochemicals, telecom, retail, and digital services. Jio Platforms is a subsidiary of Reliance Industries that operates India’s largest mobile network and various digital platforms. Reliance Retail is India’s largest retailer, with over 12,000 stores across the country.

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Anant Ambani’s Father and Mother

Anant Ambani's father and mother

Mukesh Ambani, Anant’s father, is the chairman and managing director of Reliance Industries. He has been ranked as the richest person in Asia and among the top 20 richest people in the world by Forbes. He is also the head of the telecom unit of Reliance Industries, which includes Jio Platforms.

Nita Ambani, Anant’s mother, is a philanthropist and the founder and chairperson of Reliance Foundation, which is the social arm of Reliance Industries. She is also the director of Reliance Industries and the owner of Mumbai Indians, a cricket team in the Indian Premier League.

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Anant Ambani’s Siblings

Anant Ambani's siblings

Anant’s siblings, Akash and Isha, are also billionaires and have prominent roles in Reliance as directors. Akash is the leader of the retail unit of Reliance Industries, which includes Reliance Retail. He is also the co-owner of Mumbai Indians with his mother.

Isha is the leader of the digital unit of Reliance Industries, which includes Jio Platforms. She is also the co-founder of AJIO, an online fashion platform, and JioSaavn, a music streaming service.

Anant, the youngest of the three, is the head of the energy unit of Reliance Industries, which includes oil and gas, petrochemicals, and renewable energy. He is also a member of the Badrinath-Kedarnath Temple Committee, a religious body in Uttarakhand.

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Anant Ambani’s Role in Reliance

Anant Ambani's Role in Reliance

Anant Ambani is an Indian business leader and a key member of the board of directors of Jio Platforms Limited, the digital arm of Reliance that operates India’s largest telecom network and various online services. He is also a director of Reliance O2C Limited, the oil-to-chemicals division of Reliance that is planning to spin off as a separate entity.

Along with his father Mukesh Ambani and his siblings Akash and Isha, he is involved in the strategic decision-making and vision of Reliance. He has contributed to or supported several achievements and initiatives of Reliance, such as the JioPhone, the JioMart, the Jio Fiber, the Jio 5G, and the green energy projects.

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Anant Ambani’s Investments

Anant Ambani's investments

Anant Ambani, the youngest son of Mukesh Ambani and an integral part of Reliance Industries Limited (RIL), has made some personal investments in various sectors, such as e-commerce, gaming, education, and healthcare. He has invested in or backed several startups and companies that are disrupting the Indian digital economy with innovative products and services.

Some of the startups and companies that Anant Ambani has invested in or backed are:

Zivame

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  • Zivame: An online lingerie retailer that offers a wide range of products, including bras, panties, nightwear, activewear, and shapewear. Zivame also provides personalized fit solutions and style recommendations to its customers.
  • Embibe: An online education platform that helps students prepare for competitive exams, such as JEE, NEET, AIIMS, BITSAT, and CET. Embibe uses artificial intelligence (AI) and data science to personalize learning paths, provide feedback, and improve outcomes for students.
  • Krikey: A gaming company that creates augmented reality (AR) games that can be played on mobile devices. Krikey’s games include Gorillas!, Yaatra, and Wingspan, which feature immersive and interactive experiences with wildlife, adventure, and nature.
  • Atari: A legendary gaming company that pioneered the arcade and home video game industry. Atari’s iconic games include Pong, Asteroids, Centipede, and Pac-Man. Atari also develops and publishes games for modern platforms, such as mobile, PC, and console.
  • Dunzo: A hyperlocal delivery platform that connects customers with nearby merchants, stores, and service providers. Dunzo enables users to order groceries, food, medicines, and other essentials, as well as book cabs, bikes, and courier services.
  • Asteria: A space technology company that designs and manufactures small satellites and payloads for various applications, such as earth observation, communication, and navigation. Asteria also provides satellite data and analytics services to customers in various sectors, such as agriculture, forestry, mining, and urban planning.

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Netmeds
  • Netmeds: An online pharmacy that delivers medicines, health and wellness products, and personal care items to customers across India. Netmeds also offers online consultations with doctors and health information services.
  • NowFloats: A software-as-a-service (SaaS) company that helps small and medium businesses (SMBs) create and manage their online presence. NowFloats offers solutions for website creation, search engine optimization, social media marketing, and online reputation management.
  • Addverb: A robotics and automation company that provides end-to-end solutions for warehouse automation, industrial automation, and e-commerce fulfillment. Addverb’s products include robots, conveyors, sorters, scanners, and software.
  • Radisys: A global leader in open telecom solutions that enable service providers to deploy and manage next-generation networks. Radisys’ solutions include 5G, cloud, edge, and open RAN technologies.
  • Clovia: A leading online lingerie brand that offers fashionable and comfortable products, such as bras, panties, nightwear, loungewear, and swimwear. Clovia also provides a fit test and a bra size calculator to help customers find their perfect fit.
  • Fynd: An online fashion platform that connects customers with offline stores and brands. Fynd offers a wide range of products, such as clothing, footwear, accessories, and jewelry, from over 300 brands and 9,000 stores across India.

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Jio Haptik
  • Haptik: A conversational AI platform that enables businesses to build chatbots and voice assistants for various use cases, such as customer service, lead generation, sales, and marketing. Haptik’s clients include Samsung, KFC, Coca-Cola, and OYO.
  • Reverie: A language technology company that provides solutions for localization, translation, transliteration, and speech recognition for Indian languages. Reverie’s products include Anuvadak, a platform for website and app localization, Prabandhak, a platform for content creation and management, and Swalekh, a multilingual keyboard app.
  • Grab: A last-mile delivery service that connects businesses with delivery partners. Grab offers solutions for food delivery, grocery delivery, e-commerce delivery, and express delivery.
  • C-Square: A software company that provides solutions for the pharmaceutical industry, such as pharmacy management, distribution management, sales force automation, and business intelligence.
  • Funtoot: An adaptive and personalized learning platform that helps students learn math and science in a fun and engaging way. Funtoot uses AI and gamification to create individualized learning plans, provide feedback, and reward progress for students.
  • Mimosa Network: A wireless broadband company that provides solutions for fixed wireless access, wireless backhaul, and Wi-Fi. Mimosa’s products include access points, client devices, backhaul radios, and cloud services.
 

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Anant Ambani’s Luxurious Lifestyle

Anant Ambani lives a luxurious lifestyle, as evident from his residence, cars, travels, and hobbies. He is the owner of some of the most luxurious properties across the globe and some of the most luxurious cars in the world. These are the most luxurious assets owned him:

Residence: Antilia

Antilla
Credit: Boss Man (YouTube)

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Anant Ambani resides in Antilia, one of the most expensive and extravagant homes in the world, along with his parents and siblings. Antilia is a 27-story high ultra-luxurious abode fully equipped with all the amenities you can imagine. It is located on Altamount Road in South Mumbai, which is considered to have the most expensive properties worldwide.

The building was designed by two US architecture firms Perkins & Will and Hirsch Bedner Associates. The construction was carried out by Leighton Contractors and B. E. Billimoria & Company Ltd. The name Antilia is derived from the mythical island of Antillia which was reputed to be a phantom island in the 15th century.

Some of the features and amenities of Antilia are:

  • The structure is 173 meters (568 ft) tall, over 6,070 square meters (65,340 sq ft), and with amenities such as a 168-car garage, a ballroom, 9 high-speed elevators, a 50-seat theatre, terrace gardens, swimming pool, spa, health center, a temple, and a snow room that spits out snowflakes from the walls.
  • The building is designed to withstand a magnitude 8 earthquake.
  • The architectural design of Antilia was inspired by the sun and the lotus. The primary theme of the interior showcases the lotus and sun, constructed with elegant materials like precious stones, mother-of-pearl, and marble.
  • The top six floors are a private residential area. The structure’s design incorporates the lotus plant and the sun.
  • The building has a large and gorgeous hanging garden, beautifully manicured and maintained by a fleet of caretakers. The garden houses a variety of flowering plants and trees.
  • The building has all the features and amenities of a 5-star hotel, including a spa, exercise center, Jacuzzi, several pools, a yoga studio, and a dance studio.

As of 2014, Antilia was considered the world’s most expensive private residence, costing between US$2 billion (INR 16,631 Crores) to build.

 

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Anant Ambani’s Car Collection

Anant Ambani's Car Collection

Anant Ambani is an avid car lover and has a collection of luxury cars including Rolls Royce, BMW, Mercedes, and many more. Some of the cars that he owns or drives are:

Bentley Bentayga: Anant Ambani’s Bentley Bentayga is a luxury SUV with a 4.0 V8 twin-turbocharged petrol engine. It offers a top speed of 290 Km/h and 0-100 kmph in 4.5 seconds. The car measures 5125 mm in length, 2222 mm in width, and 1728 mm in height. It runs on petrol, with a fuel tank capacity of 85 liters. The interior features a seating capacity of 4, a sunroof, ventilated seats, and a rear entertainment system. These features make the Bentley Bentayga a symbol of luxury and performance.

Rolls Royce Phantom: The Rolls Royce Phantom, owned by Anant Ambani, is a luxury car with a V12 petrol engine. It offers a maximum power of 563bhp and a torque of 900Nm. The car can reach a top speed of 250 km/h and offers a mileage of 9.8 km. It has a seating capacity of 5 and a boot space of 460 liters. The Phantom is equipped with power steering, ventilated disc brakes, and tubeless radial tires. It’s a blend of power, luxury, and comfort.

Anant Ambani's car collection

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Anant Ambani's Rolls Royce Cullinan

Rolls Royce Cullinan: Anant Ambani’s Rolls Royce Cullinan, finished in Tuscan Sun yellow, is powered by a 6.75-liter twin-turbocharged V12 petrol engine that generates 571 PS of power and 850 Nm of torque. The engine is mated to an 8-speed ZF automatic transmission, allowing the vehicle to reach a top speed of 250 km/h. The car features an acoustically sealed cabin for a quiet interior, a 4×4 system, and a 4-wheel steering system for enhanced maneuverability.

Lamborghini Urus: Anant Ambani’s Lamborghini Urus is a high-performance SUV powered by a 4.0L V8 engine, producing 657.10bhp and 850Nm of torque. It accelerates from 0-60 MPH in 3.2 seconds and reaches a top speed of 190 MPH. The car features an automatic transmission, and all-wheel-drive system, and runs on petrol. It’s a 5-seater with a length of 5137mm and a wheelbase of 3006mm. The Urus offers a boot space of 616 liters and a fuel tank capacity of 75 liters. It also includes power steering, power windows, air conditioner, and alloy wheels.

Mercedes-Benz G-Wagon: The Mercedes-Benz G-Class Wagon, owned by Anant Ambani, is a luxury 4×4 SUV powered by a 4.0 liter V8 Biturbo engine. It boasts a power output of 576 bhp, torque of 850 Nm, and a fuel tank capacity of 96 litres. The G-Wagon’s interior features include a 12.3-inch digital gauge cluster, heated seats, three-zone automatic climate control, and a sunroof.

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Anant Ambani’s Hobbies and Passion

Anant Ambani's Hobbies and Passion

Anant Ambani has various hobbies and passions that he pursues in his spare time. Some of his hobbies and passions are:

Cricket: Anant Ambani is a huge fan of cricket and supports the Mumbai Indians team, which is owned by Reliance Industries Limited. He is often involved in the management of various cricket events including the Indian Premier League. He was often spotted at various cricket matches along with his mother and sister. He is also friends with many cricket players such as Sachin Tendulkar, Virat Kohli, and Hardik Pandya.

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Football: Anant Ambani is also a fan of football and supports the Manchester United team. He often watches football matches on TV or online. He has also met some of the football legends such as Cristiano Ronaldo, Lionel Messi, and David Beckham..

Meditation: Anant Ambani is very spiritual and has huge faith in Lord Balaji. He loves to visit the Venkateswara Temple in Tirumala and meditate there. He has also donated a sacred white elephant to the temple. He also practices yoga and follows a no-sugar and low-carbohydrate diet.

Conclusion

In this blog post, we have explored the factors that influence Anant Ambani’s net worth, such as his family wealth, his role in Reliance, his investments, and his lifestyle. Based on the available information and sources, we can estimate that his net worth is around $45 billion, making him one of the youngest billionaires in India.

However, Anant Ambani’s net worth majorly depends on the inheritance of his father Mukesh Ambani’s net worth and also depends on the performance and valuation of Reliance and its subsidiaries. Therefore, his net worth is not fixed or certain, and may change over time. What do you think of Anant Ambani’s net worth? Is he already a billionaire or not? Share your thoughts in the comments below.

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