Mukesh Ambani Net Worth: Investments & Career
The globally renowned Indian billionaire businessman Mukesh Ambani has a gigantic net worth of $102.3 billion, according to Forbes 2023.
The businessman is indeed the second richest person not just in India but in the whole of Asia. While globally, he currently stands in the tenth position as the richest person in the world.
Ambani is a chairman and managing director of Reliance Industries Ltd., which is a multinational conglomerate company working in numerous sectors.
To detail, Reliance was founded by Mukesh’s late father Dhirubhai Ambani in 1966. And as of 2023, the company exerts a market capitalization of $250 billion.
Here are some quick facts about the businessman.
|Full Name||Mukesh Dhirubhai Ambani|
|Date of birth||April 19, 1957|
|Age||65 Years Old|
|Place Of Birth||Aden, Yemen|
|Profession||Industrialist, Businessman, and Entrepreneur|
|Religion||Hinduism (Vaishya Vani)|
|Residence||Altamount Road, Mumbai, India|
|Height||1.69 m (5’5″)|
|Weight||198 lbs (90 kg)|
|Color of Hair||Black|
|Color of Eye||Black|
|Social Media||Instagram (Fan-made)|
|Father’s Name||Dhirubhai Ambani|
|Mother’s Name||Kokilaben Ambani|
|Education||Hill Grange High School
St. Xavier’s College, Mumbai
Institute of Chemical Technology
|Spouse||Nita Ambani (m. 1985)|
|Children||Isha Ambani, Akash Ambani, Anant Ambani|
|Net Worth||$102.3 billion|
|Last Updated||March 2023|
Mukesh Ambani: Net Worth and Income
The net worth of Mukesh Ambani is a humongous $102.3 billion, as of 2023.
According to the Bloomberg Billionaire’s Index, Ambani’s net worth increased by $9 billion in the span of just five weeks.
The chairman of Reliance Industry earned more than $20 billion during the Covid-19 pandemic when he sold one-third part of the Jio company.
Reportedly, Mukesh earns around $13.73 million every day.
In 2008, the wealthy businessman splurged a hefty sum of $111.9 million to buy the Mumbai Indians, the most winning team of the Indian Premier League (IPL).
Currently, Mumbai Indians is the worthiest team among all the IPL teams. As a matter of fact, Mumbai Indians is the first team to cross the brand value of $100 million.
Net Worth of Mukesh Ambani in Different Currencies
Here is the net worth of the multi-billionaire in different currencies, including Bitcoin.
|Pound Sterling||£ 75,131,677,500|
|Australian Dollar||A$ 139,429,375,800|
|Canadian Dollar||C$ 127,399,305,000|
|Indian Rupee||₹ 7,701,297,450,000|
Houses, Cars, and Private Jets
The second most expensive house in the whole world!!
The Mumbai mansion “Antilia” is worth $2 billion, making it the second most expensive house on this planet after Buckingham Palace (worth $5 billion).
Located in one of the posh areas of South Mumbai, the house standing tall in Altamount Road can withstand a magnitude 8 earthquake.
Basically, any real estate in this area demands over INR 80,000 ($1,000) per square feet.
Ambanis moved into this 568 feet tall building in 2012 where there are 600 staff working inside, currently.
Similarly, the house spanning over 400,000 sq ft boasts three helipads and an inbuilt air traffic control system.
Likewise, there are all sorts of extravagant amenities inside this house such as a 50-seat theatre, snow room, fitness center, spa, sauna, swimming pool, and whatnot.
The second-worthiest skyscraper mansion in the world features 27 floors among which the top six floors are designed as a private residential area for the family.
Stoke Park Building
Recently, Mukesh and his wife Nita purchased a historic estate in the west of London.
Ambani purchased this famous Stoke Park resort for almost $79 million.
Well, the richest man of Asia does not need to worry about the splurge and now can chill at this iconic property which holds more than 1,000 years of history.
Previously, the house belonged to the King brothers who bought it back in 1988 spending $30 million.
Stoke Park resort includes a five-star hotel with 49 rooms, three restaurants, and other several luxury features.
To spend a night in this iconic resort, one has to pay between $265 and $1,030.
Furthermore, there is a 27-hole golf course which is the same field featured in the Goldfinger movie where Sean Connery played golf.
Not only that but, the place also hosts warm-up tennis for Wimbledon as the property features 13 tennis courts.
Ambani and his family own several luxury cars either from India or imported from across the world.
The billionaire has an entire six floors designed to park cars which can accommodate up to 168 four-wheelers. Crazy!
Some of the stunning cars parked in Antilia are:
Mercedes Benz E Class: A customized bulletproof Mercedes Benz E was seen in his collection which reportedly can bear a 15kg TNT (Trinitrotoluene) blast. This four-wheeler is priced at a whopping $1.3 million.
Bentley Bentayga: This other beauty costs more than 4 crores INR ($532,000) which is fairly expensive in the Indian market.
BMW i8: This two-wheeler costs around 3 crores INR ($399,000) and is one of the stunning cars in India. The hybrid model owned by Ambani features a matte black shade.
Likewise, some other gorgeous cars owned by the billionaire businessman are:
Bentley Mulsanne: Around 6.5 crore INR ($860,000)
Rolls-Royce Cullinan: 6.95 crore INR ($926,000)
Porsche Cayenne: 1.5 crore INR ($199,000)
Mercedes-AMG G63: 2.14 crore INR ($285,000)
Tesla Model S: 1.5 crore INR ($199,000)
Ferrari 812 Superfast: 5.50 crore INR ($732,000)
The business mogul owns the following three private jets:
Boeing Business Jet: This luxury masterpiece could also be called a flying hotel for which Ambani splurged $73 million.
Falcon 900EX Jet: This long-range jet can accommodate up to 12-16 passengers.
Airbus 319: The Airbus 319 was a birthday present Mukesh bought for his wife Tina Ambani. Reportedly, this huge luxury jet costs around $80 million.
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Mukesh Ambani: Lifestyle and Vacations
Mukesh Ambani has the busiest lifestyle with all these companies and businesses he runs. However, the man came from a humble beginning and he still works hard to maintain the empire he built.
Reportedly, Ambani is an early riser and he works out at the gym of his house. The man is vegetarian and does not consume any alcohol. Similarly, he spends his weekends with his family.
The businessman loves collecting worthy vehicles as he already owns nearly 170 vehicles in his collection.
According to the news sources, the Ambani couple loves visiting Kruger National Park, South Africa as it is their favorite destination for holidays.
Mukesh Ambani: Charity
During the Covid-19 pandemic, Ambani donated around $66 million to help India during the gruesome phase. The $66 million he contributed is 0.08% of his net worth.
Likewise, Mukesh Ambani also established the first hospital dedicated to Covid-19 in Bhubaneswar, India. The family helped by providing a lot of required medical supplies during the pandemic.
Similarly, Mukesh Ambani founded Reliance Foundation, a non-profit organization he established in 2010 that focuses on the sustainable development of India regarding the sectors such as education, health, arts, heritage, and so on.
The mega-businessman has also made notable contributions to CSR (Corporate Social Responsibility).
Mukesh Ambani: Investments and Endorsements
From owning the sports team Mumbai Indians to a toy shop, there are dozens of investments done by Mukesh Ambani, the mega-business mogul.
Mukesh and his wife Tina are the owners of the IPL sports team Mumbai Indians which has the highest brand value as compared to other teams.
As of 2019, the brand value of Mumbai Indians is around $107 million.
Likewise, Ambani is the CEO of Reliance Industries which is a multinational conglomerate. The company holds subsidiaries in several sectors such as Health Insurance, Roads, Entertainment, Energy, and Engineering.
Reliance Industries also operates the chain of five-star Oberoi Hotels in India.
Another business of Ambani is in petrochemicals as he owns Indian Petrochemicals Corporation Limited (IPCL). The company managed to cross the revenue of $2 billion during the financial year 2005/2006.
Similarly, Mukesh Ambani has invested in several fields, even outside of India. Recently, he purchased the Stoke Park building to enhance the entertainment and sports facilities at this iconic building.
Bold investments by French billionaire Francois Henri Pinault!
Mukesh invested $88.5 million (Rs 650 crore approx) to buy Hamleys, the British retail toy shop.
Furthermore, he has also invested in the retail market and owns a chain of retail stores with the same “Reliance” name.
Interestingly, Mukesh Ambani also spent his money to buy the stakes in Balaji telefilms as he already owns the Network 18 media channel.
Similarly, he has also partnered with 7-Eleven, an American brand. Likewise, some of the other companies owned by the businessman are Football Sports Development Limited, Reliance Life Sciences, and so on.
In 2016, Ambani launched a 4G service in India with the telecommunication company named Jio which eventually made deal with Facebook and Google. This increased the revenue of the company to quite an extent.
During the 2019 General Elections, Ambani endorsed Milind Deora.
Mukesh Ambani: Career
The son of Dhirubhai Ambani and Kokila Ambani, Mukesh was born in April 19, 1957 in Aden, Yemen. During his early phase, he worked in a gas station in Aden.
Later, he moved to Bombay, India with his family and lived in a communal building. Back then, his father established Reliance Commercial Corporation starting with a single room space.
In 2002, Dhirubhai Ambani died and following his demise, there arrived a dispute between two sons, Mukesh and Anil, and with the help of their mother, two brothers split the Reliance’s assets.
Since then, Mukesh built an entire Reliance empire by himself to what it is today.
Mukesh Ambani married Tina Ambani in 1985 and they are blessed with three children, Isha, Akash, and Anant.
Not only Mukesh Ambani but everyone in his family is engaged in numerous business ventures.
Interesting Facts About Mukesh Ambani
- Mukesh Ambani loves watching movies and he watches about three movies every week. Likewise, he also enjoys hockey.
- The tax paid by Reliance Industries covers 5% of the total tax collected in India.
- Mukesh Ambani has a refinery in Gujarat that produces 6,68,000 barrels per day. It is the largest refinery, worldwide.
Frequently Asked Questions
What is the net worth of Anil Ambani?
Anil Ambani, the brother of Mukesh Ambani had a massive net worth of $42 billion in 2008. However, considering his liabilities his current net worth is zero.
What does Mukesh Ambani eat in a day?
Mukesh Ambani, belonging to the Gujarati family is vegetarian. His choice for breakfast is porridge, roti, and curd with papaya juice. Likewise, his favorite meal is chapatti, rice, and dal.
What is the dress style of Mukesh Ambani?
Even being the richest person in Asia, Mukesh Ambani does not follow any brands in particular. He loves wearing a plain white shirt paired with black pants.
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