Mukesh Ambani: The Net Worth of the CEO of Reliance Industries
|birth date||April 19, 1957 (65 years old)|
|Born in||Aden, Yemen|
|Marital status||married to Nita Ambani (since 1985)|
|Children||3 (Isha, Anant, Akash)|
How rich is Mukesh Ambani?
Mukesh Ambani was born on April 19, 1957 in Aden (Yemen), although his family moved back to India with him a year later. The main reason was that the family could open a shop again in the field of textiles and spices. Until the 1970s, the family lived in a modest two-bedroom apartment near Mumbai. Although the financial situation improved slightly, the family was not financially secure despite the trading business. Today Mukesh Ambani is one of the richest people in the world . Mukesh Ambani’s estimated net worth is $78.64 billion .
The richest person in India
As a teenager, Mukesh Ambani often played soccer and hockey. He also explored the surrounding areas in India with friends. The school performance was average, the grades were not important for his father. Rather, he paid attention to the overall performance. Apparently, this was also a crucial point for his career. As Chairman and CEO of Reliance Industries, he has accumulated billions of dollars in wealth. Mukesh Ambani is the richest person of India .
The career of Mukesh Ambani
He attended Hill Grange High School with his brother. Later, he also completed his chemical engineering degree at the Institute of Chemical Technology. After that, he wanted to go to Stanford University — but he gave up on those plans.
He wanted to quit school so he could help his father build his business. His father Dhirajlal Hirachand Ambani founded the petrochemical company Reliance Industries in 1966 . This was a very small company at the time, but it continued to grow.
When Mukesh Ambani joined the company in 1981 , the company had already expanded into refining and petrochemicals. This also resulted in business relationships with retailers and with products and services in telecommunications.
After the business had expanded further, the financial breakthrough came. Meanwhile, Ambani has been the rich man in India for over ten years and one of the most powerful people in the world. Mukesh Ambani is richer than Jack Ma , the successful entrepreneur from China. In July 2018, Ambani was also named the richest person in Asia.
Having already won everything in the business sense, it led him back to the sport. He took over the Indian Premier League franchise Mumbai Indians and founded the Indian Super League (football league in India). Thus, in 2012 he was also named the richest sports owner in the world.
Splendid wedding and bizarre buildings
Wealth is no longer hidden, so swanky weddings are held and bizarre buildings are erected. According to Indian tradition, the wedding costs must be borne by the bride’s family. Mukesh Ambani spared no expense or effort for his daughter Isha’s wedding. India’s richest person has paid around $100 million for the week-long wedding feast . The price also included a performance by Beyoncé . With these costs, the Ambani family caused a stir in the world press at the end of 2018.
Before that, however, he moved to his Antilia at the end of 2010. This is Mukesh Ambani’s private home in central Mumbai. This home is 173 feet tall and spans 37,000 square feet over 27 floors. Included in this is a private clinic and his car collection, which occupies six floors of the house. Antilia’s construction cost was approximately $50 to $70 million , according to its spokesman.