Mukesh Ambani is the chairman, president and largest shareholder of Reliance Industries Limited. He also has a majority stake in the mobile telecom company, Reliance Jio Infocomm Limited. In this article, we will try to know about the personal life, business career, family and net worth of Mukesh Ambani, who is in the list of the richest people in India and the world.
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- Full Name Mukesh Dhirubhai Ambani
- Profession Entrepreneur
- Horoscope Aries
- Wife Nita Ambani
- Number of children 3
- Education Institute of chemical technology
- Religion Hinduism
- Height 169 cm
- Date of Birth April 19, 1957
- Years 65 years
- Net worth $86.4 Billion
- Source of Income Reliance Industries Limited
Mukesh Ambani is an Indian businessman, engineer, chairman and the largest shareholder in Reliance Industries Limited, with a net worth of $86.4 billion. As of 2019, he has the honor of being the richest man in Asia and the 13th richest man in the world.
In addition to his Reliance holdings, he serves on the boards of several companies. He, along with his family, is also an active philanthropist and the owner of the Indian cricket club, the Mumbai Indians.
Mukesh Ambani Net Worth Details: Careers And Business Details
Ambani began his career in 1981, helping his father Dhirubhai run his family business, Reliance Industries Limited. Since then, he has expanded the company into various consumer products and amassed a net worth of $48.7 billion.
He passed Jack Ma for the title of the richest man in Asia in July 2018. Mukesh Ambani kept himself on an annual salary of 2 million dollars.
Trusted Industries: Revenue, Net Income, Assets
Reliance was founded on 8th May 1973 by Mukesh Ambani's father Hon'ble Dhirubhai Ambani in his presence. Dhirubhai Ambani. It is a conglomerate that has many subsidiaries. It became the largest company in India in terms of revenue by recently overtaking the government-controlled Indian Oil Corporation .
On October 18, Reliance became the first Indian company to break the $100 billion market cap. This is Reliance's market ranking in year 2022:
- Income $99 billion
- Operating Income $12 billion
- grandchildren $8.5 billion
- total assets $220 billion
- Number of employees 236,330
These are the subsidiaries under Reliance:
- Reliance Jio
- Trusted Retail
- Reliance Petroleum
- JioSaavn
- Red 18
- Hathway
- Rede DEN
Awards Received by Reliance:
- International Refiner of the Year in 2017 at the Global Refining and Petrochemical Congress 2017.
- International Refiner of the Year in 2013 at the 27th HART Energy World Refining and Fuel Conference.
- National Prize for Energy Conservation in the petrochemical sector (1994-1997)
Reliance is ranked 104th on the Fortune Global 500 list of the world's largest corporations in 2022 and 8th among the top 250 global energy companies by Platts. It is also India's largest exporter of merchandise with a total value of $200 billion.
IPL
Mukesh also owns the Indian Premier League (IPL) and the Mumbai Indians club. The IPL has gained so much popularity that its revenue has exceeded $5.3 billion as of 2017. Mumbai Indians are the first team to play in the IPL with a net worth of $106 million over $100 million.
JIO - India's Largest Mobile Network Job
Launched on September 5, 2016, under the Reliance brand, a subsidiary, Reliance Jio Infocomm Limited has earned a place among the top five in telecommunications services in the country. JIO operates telecommunications services in all states of India. It is the largest mobile network operator in India and the third largest mobile network operator in the world with more than 322.99 million subscribers.
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Jio is known for providing unexpected bonuses, prizes, quick installations and services at a relatively low cost. Thus becoming the largest mobile network operator in India in just 3 years since its public launch (Sep 5, 2016).
Mukesh Ambani's Assets
Mukesh Ambani is not only one of the richest people in the world, but also the owner of the second most expensive residential property in the world. He knows his personal belongings. Intelia is currently the second most expensive residential property in the world with a value of $2 billion.
Ambani's house, Antilia, is as well known as he is. It is a famous building located in South Mumbai and is worth $2 billion and is the second most valuable residential property after Buckingham Palace. It was built on property that previously had an orphanage in 2006 after much controversy from Nawab Malik of the Waqf, who wanted the land to be donated under Muslim law.
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The tower stands in an area of 49,000 square feet, is 570 feet tall, and has 27 stories with extra-high ceilings. There are 9 elevators for transportation, a 50-seat movie theater, multiple spas and pools, an ice cream parlor, and 3 helipads. The house is said to withstand an 8 Richter scale earthquake. It has also been a subject of criticism in the architectural community and ridicule in the public media due to its unusual design.
Cars Collection
Mukesh has a total of 168 cars that he has housed on 6 floors of his huge tower. Some of his most valuable car collections are:
- Mercedes Maybach 62- $1.35 million
- Rolls-Royce Phantom Drophead Coupe- $337, 402
- Aston Martin Rapide- $244, 740
- BMW 760Li- $156, 700
- Bentley Flying Spur- $244, 600
Charity and Endorsements
He is the most charitable person in India and topped the Hurun India Philanthropy List 2018. His contribution amounted to over $600 million between October 2017 and September 2018.
He does his charity work through the Reliance Foundation. The Foundation plays an important role in the areas of sports, rural transformation, education, health, urban renewal, and arts, culture and heritage for development and the poor.
He endorses IPL and all the teams in his franchise. He also endorsed the 'Milind Deora Congress for the South Mumbai elections in 2019.
Paid Taxes
Through your $2 million taxable income, you can estimate that 30% income tax and 15% surcharge amounts to around $700,00 per year. His company also accounts for 5% of India's total tax revenue, which amounts to around $23.7 million.
However, these numbers are only estimates, and the exact details of Ambani's financial affairs are known only to him and his accountants.
The Personal Life of Mukesh Ambani
Mukesh Ambani was born in Aden, Yemen on 19 April 1957 in a business family. He was the eldest of four siblings, Anil, Neena and Deepti. Ambani grew up in Mumbai after his father decided to leave Yemen.
(1). Education
He attended his education in Hill Grange High School along with his brother. He received a BE degree in Chemical Engineering from the Institute of Chemical Technology and enrolled at Stanford for an MBA degree which he later dropped out of to help his father build Reliance.
(2). Relations
Mukesh has been married to Nita Ambani since 1985 after her father attended a dance performance Nita participated in and thought of arranging a marriage between the two. Mukesh Ambani's wife has described his attributes and said that he is a shy and quiet person.
He has 3 children with his wife, Anant and Akash and their daughter Isha. It is Mukesh's priority to spend time with his children and he reserves every Sunday for his family.
(3.) Age and Height
Mukesh Ambani is 65 years old and has a height of 169 cm or 5 feet 7 inches.
The lavish wedding of Isha, daughter of $ 100 million
His daughter Isha's wedding cost more than $100 million, making it one of the most expensive weddings in history.
The wedding featured guests like Priyanka Chopra, Nick Jonas, Beyonce, Amitabh Bachchan, Sachin Tendulkar among many other massive celebrities.
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