Anil Dhirubhai Ambani is one of the leading business tycoons of India. He is the founder and chairman of the Reliance Group which includes Reliance Communications, Reliance Capital, Reliance Infrastructure, and Reliance Power. With an asset of over Rs. 2, 60,000 crore, the Reliance Group is counted among the top five business houses in India. Under his able leadership, the group has gained the largest shareholder/investor base in the world which is estimated to be around 13 million
Early life and Background
Anil Ambani was born on 4th June 1959 in Mumbai, Maharashtra. He is the son of famous entrepreneur Late Dhirubhai Ambani and Kokilaben Ambani. His elder brother, Mr. Mukesh Ambani is also one of the most successful business men of the country. Anil has two younger sisters, Deepti Salgaonkar and Nina Kothari.
Mr. Anil Ambani attended the B.C College under Mumbai University and earned a B.Sc. degree. Thereafter, he enrolled in “The Wharton School” under University of Pennsylvania and acquired the MBA degree. Apart from this, Anil is a long distance marathon runner and has participated in more than 50 half and full marathons. He is a highly spiritual man and a nature conservationist.
In the year 1983, Anil Ambani joined his father’s company as a co-chief executive officer. With his innovative business tactics, Reliance industries earned huge revenues. He is given the credit for leading India into the overseas capital market. With his effort the Reliance Industries earned a US$2 billion from overseas financial markets. On sealing a Yankee bond of 100 years in January 1991, people started to consider him as a “Finance Wizard”. Together with his elder brother, Mukesh Ambani, he made Reliance Industries as the leading textiles, petroleum and petrochemicals company in India.
After the sad demise of his father in 2002, Anil Ambani demerged from the Reliance Industries Limited. He established the Reliance Group in 2006 which includes the Reliance Communications, Reliance Capital, Reliance Infrastructure, and Reliance Power. Within 10 years of its inception, the Reliance Group has witnessed tremendous success. Under his leadership, the group has become one of the top business houses in India with a net worth of approximately US $ 16 billion. Not only that, Reliance group provides employment opportunities to almost 1, 00,000 people and has the largest shareholder/ investor base in the world. The Reliance group has collaborated with various brands worldwide which include Nippon Life of Japan, Sumitomo Mitsui Trust Bank (SMTB), Veolia Transport of France and many more.
Anil Ambani has also invested in entertainment business. He has acquired Adlabs Films in 2005 and renamed it Reliance MediaWorks in 2009. He has produced several movies under this banner. Mr. Ambani has also entered into a US$1.2 billion joint venture with Steven Spielberg’s production house DreamWorks. Under this collaboration, Anil Ambani has produced many movies which include the Academy Award winning movie “ Lincoln”.
The prolific businessman has also contributed towards the upliftment of society. He has established Kokilaben Dhirubhai Ambani Hospital (KDAH), Dhirubhai Ambani Institute of Information and Communication Technology (DA-IICT), Mudra Institute of Communications (MICA), Ahmedabad and many more. Apart from this, he is the member of various international organizations such as “President’s Global Council, New York University, USA”, “Advisory Board of Warwick Business School (WBS), UK “etc. Not only that ,he has also been appointed by Prime Minister as Co-Chair of the India-China CEO Forum and Member of the US-India CEO Forum. He was also elected as an independent member of Rajya Sabha in 2004.
In his glorious career,Anil Ambani has been conferred upon various awards and recognitions such as “CEO of the Year” by Platts Global Energy, “The Entrepreneur of the Decade Award” by the Bombay Management Association, one India’s “Most Powerful and Influential Person” by India Today Magazine and many more.
Wife and children
Anil Ambani is married to Tina Munim, a former Bollywood actress. The couple is blessed with two sons , Anmol Ambani and Anshul Ambani
Anil Ambani – Net Worth
Anil Ambani has a net worth of 3.2 billion USD. He is the twenty-fifth richest person in India.
Anil Ambani resides with his family at the 17-storeyed Sea Wind building at Cuffe Parade. His dream home at Pali Hill is under construction. The house is said to be one of the most expensive homes with a budget of approximately Rs 5,000 crore. It is estimated that the house will spread over 16,000 sq feet