Anil Ambani

$1.70 B

Ranked #1349 in World

About Anil Ambani

Anil Dhirubhai Ambani, a pivotal figure in Indian business and once ranked as the sixth richest globally, has navigated a complex journey from wealth to declaring bankruptcy in 2020—a claim met with skepticism. As the chairman and managing director of the Reliance Group, formed in July 2006 post a split from Reliance Industries Limited, he controlled numerous listed entities including Reliance Capital and Reliance Communications. Ambani's career, marked by India's largest IPO through Reliance Power in 2008 and a notable $1.2 billion venture with Steven Spielberg’s DreamWorks, has been fraught with legal disputes and significant market value decline. A Wharton MBA holder and former Rajya Sabha MP, his personal life and accolades, including 'Businessman of the Year' by Business India in 1997, paint a multifaceted picture against the backdrop of controversy, including allegations of crony capitalism in defense deals.

Born

June 04, 1959

Age

66 years

Source Of Wealth

Diversified

Industries

Diversified

Citizenship

India

Residence

Mumbai

Education

Bachelor of Arts/Science, University of Bombay; Master of Business Administration, Wharton School at the University of Pennsylvania

Spouse

Tina Ambani (Married: 1991)

Children

Parent

Dhirubhai Ambani (father), Kokilaben Ambani (mother)

Anil Dhirubhai Ambani, born on June 4, 1959, is the youngest son of Reliance Industries founder Dhirubhai Ambani and Kokilaben Ambani. He belongs to a Gujarati family from Chorwad, Gujarat. Anil Ambani spent his early years in Mumbai, where he attended the prestigious Kishinchand Chellaram College and earned a Bachelor of Science degree.

Anil Ambani: Family

Anil Ambani is married to actress Tina Munim, and they have two sons together, Jai Anmol Ambani and Jai Anshul Ambani. The family resides in The Sea Wind, a 14-story building in Mumbai.

Anil Ambani: Career Highlights

After completing his Master's in Business Administration from the Wharton School of the University of Pennsylvania in 1983, Anil Ambani joined Reliance Industries Limited. Following a succession dispute with his brother Mukesh, Anil received parts of the Reliance Group with interests in telecom, entertainment, financial services, power, and infrastructure.

He is credited with leading several publicly listed corporations, including Reliance Capital, Reliance Infrastructure, Reliance Power, and Reliance Communications. One of his notable achievements was India's largest IPO, Reliance Power, which was subscribed in less than 60 seconds in 2008.

Anil Ambani also made his mark in the entertainment industry by acquiring Adlabs Films in 2005, later renamed Reliance MediaWorks. In 2008, he entered into a joint venture worth US$1.2 billion with Steven Spielberg's DreamWorks.

Anil Ambani: Companies

Anil Ambani has been associated with the following companies:

Reliance Group (Reliance ADA Group)
Reliance Capital
Reliance Infrastructure
Reliance Power
Reliance Communications
Reliance MediaWorks
DreamWorks

Anil Ambani: Major Achievements

Some of Anil Ambani's major achievements include:

India's largest IPO, Reliance Power, subscribed in less than 60 seconds in 2008.
Joint venture worth US$1.2 billion with Steven Spielberg's DreamWorks in 2008.
Named in the Pandora Papers in October 2021 along with his brother Mukesh.

Anil Ambani: Awards & Achievements

Anil Ambani has received numerous awards and recognitions for his contributions to business and industry, including:

'Businessman of the Year 1997' by Business India.

'Businessman of the Year' by The Times of India – TNS poll in 2006.
'Best role model' among business leaders by India Today magazine in 2006.
'CEO of the Year 2004' in the Platts Global Energy Awards.
'The Entrepreneur of the Decade Award' by the Bombay Management Association in 2002.
First Wharton Indian Alumni Award by the Wharton India Economic Forum in 2001.
Selected by Asiaweek magazine as one of the 'Leaders of the Millennium in Business and Finance' in 1999.

Anil Ambani: Personal Life & Legacy

Anil Ambani is known for his personal interests and lifestyle choices. He is a teetotaler, vegetarian, and avid jogger who runs marathons. He is also actively involved in philanthropy and has made significant contributions to various charitable causes.

Anil Ambani: Trivia

Anil Ambani was once the sixth richest person in the world but declared bankruptcy in a UK court in February 2020. However, the veracity of this claim is questionable.
He served as an Independent MP in the Rajya Sabha from Uttar Pradesh between 2004 and 2006.
Anil Ambani has faced legal battles and controversies, including contempt of court for non-payment of debt and disputes with Chinese banks.
He was accused of benefiting from crony capitalism and favoritism in a fighter aircraft deal with Dassault Aviation, although the extent of his involvement is disputed.

Wealth History

Timeline

1983

Received a Master in Business Administration from the Wharton School of the University of Pennsylvania.

July 2006

Reliance Group (Reliance ADA Group) was created following a demerger from Reliance Industries Limited.

2004

Served as an Independent MP in the Rajya Sabha from Uttar Pradesh.

2005

Made his debut in the entertainment industry with the acquisition of Adlabs Films, later renamed Reliance MediaWorks.

2006

Named 'Businessman of the Year' by The Times of India – TNS poll.

2006

Named 'Best role model' among business leaders by India Today magazine.

2008

Credited with India's largest IPO, Reliance Power, subscribed in less than 60 seconds.

2008

Joint venture worth US$1.2 billion with Steven Spielberg's DreamWorks.

2020

Declared bankruptcy in a UK court, but the veracity of the claim is questionable.

October 2021

Named in the Pandora Papers along with his brother Mukesh.

Anil Ambani : FAQs

What is Anil Ambani's net worth?

As of 2019, Anil Ambani's net worth was $1.70 billion.

What are Anil Ambani's main sources of wealth?

Anil Ambani's main source of income comes from Diversified.

In which industry does Anil Ambani primarily operate?

Anil Ambani is primarily involved in the Diversified industry.

What is Anil Ambani educational background?

Anil Ambani holds a Bachelor of Arts/Science from the University of Bombay and a Master of Business Administration from Wharton School at the University of Pennsylvania.

How old is Anil Ambani?

Anil Ambani is 66 years old.

How many children does Anil Ambani have?

Anil Ambani has 2 children.

Who is Anil Dhirubhai Ambani and what is his connection with the Reliance Group?

Anil Dhirubhai Ambani is an Indian businessman and the chairman and managing director of Reliance Group, established in July 2006 following a demerger from Reliance Industries Limited. He leads several listed corporations including Reliance Capital, Reliance Infrastructure, Reliance Power, and Reliance Communications.

What educational qualifications does Anil Ambani hold?

Anil Ambani earned a Bachelor of Science degree from Kishinchand Chellaram College and received a Master in Business Administration from the Wharton School of the University of Pennsylvania in 1983.

Can you detail Anil Ambani's ventures into the entertainment industry?

Anil Ambani made his debut in the entertainment industry in 2005 with the acquisition of Adlabs Films, later renamed Reliance MediaWorks. In 2008, he formed a US$1.2 billion joint venture with Steven Spielberg's DreamWorks.

What controversies has Anil Ambani been involved in?

Anil Ambani has faced legal battles and controversies, including contempt of court for non-payment of debt, disputes with Chinese banks, declining group market cap by 90%, and being named in the Pandora Papers in October 2021.

What achievements and recognitions has Anil Ambani received?

Anil Ambani has been awarded 'Businessman of the Year 1997' by Business India, 'Businessman of the Year' by The Times of India – TNS poll in 2006, 'Best role model' by India Today magazine in 2006, 'CEO of the Year 2004' in the Platts Global Energy Awards, 'The Entrepreneur of the Decade Award' by the Bombay Management Association in 2002, among others.