Who is Mukesh Ambani & What is his Net Worth?
MUKESH Ambani is Chairman and CEO of India’s most valuable company, Reliance Industries.
Ambani has not only amassed a huge fortune but is also the richest sports owner in India.
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Who is Mukesh Ambani?
Ambani is an Indian billionaire businessman and was born on April 19, 1957.
Young Ambani grew up in modest circumstances, his parents, two sisters and younger brother lived in a two-room apartment.
Ambani received a BE degree in Chemical Engineering and later enrolled for an MBA at Stanford University in California, USA.
At 24, Ambani began helping his father run the family business and dropped out of Stanford.
The father and his two sons partnered to form Reliance, which included Reliance Industries Limited, Reliance Retail and Reliance’s Jio.
The companies specialize in petrochemicals, energy, natural gas, telecommunications, retail, textiles and mass media and quickly experienced significant growth.
Reliance has an estimated annual turnover of over £83 billion (US$104 billion).
He has also held the title of “India’s Richest Person” in Forbes magazine’s list for a decade.
In 2020, Forbes ranked Ambani as the sixth richest person in the world.
Forbes ranked Ambani ninth out of the world’s ten largest billionaires in 2023.
He owns the Indian Premier League’s Mumbai Indians – India’s most valuable cricket franchise, according to Forbes, valued at over £1 billion ($1.3 billion).
Ambani also earned a franchise in the inaugural Women’s Premier League, making him the richest team owner in the world.
What is Mukesh Ambani’s net worth in rupees?
Ambani’s net worth is 6.7 lakh crores, in rupees it is 6.7 lakh crores.
The business mogul lives in Antilia and is worth around £800 million ($1 billion).
It is a private 27-story building in Mumbai and was the most expensive private home in the world at the time of its construction.
What is Mukesh Ambani’s net worth in USD?
As of May 22, 2023, Ambani’s net worth is a whopping $83.8 billion, according to Bloomberg UK.
However, his incredible success hasn’t gone to his head and he’s also one of the world’s most generous billionaires.
He is donating around £53 million ($66 million) of his fortune to those in need, particularly during the pandemic in India.
Ambani opened the country’s first Covid-19 hospital and also provided medical care and emergency relief.