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Anil Ambani
Chairman, Reliance ADAGMBA, The Wharton School, University of Pennsylvania
- Reliance Communications
- Reliance Capital
- Reliance Infrastructure
- Reliance Power
- Reliance Defence and Engineering Limited
- Reliance Defence Limited
- Reliance Defence Technologies Private Limited
Anil Ambani's Journey So Far ...
- Joined Reliance Industries in 1983 as Co-Chief Executive Officer
- Pioneered India’s movement into overseas capital markets with international public offerings of global depository receipts, convertibles and bonds
- After a much-publicised family feud that made headlines for years, Reliance Industries was split between him and his brother Mukesh in 2005 following their father Dhirubhai Ambani’s death
- In 2006, the Reliance Group was formed and in less than ten years became a market leader in several growth sectors including telecommunications, generation, transmission and distribution of renewable and non-renewable sources of power, national road highways, metro rail systems, cement, financial services, education, healthcare, media and entertainment
- With a net worth of $45 billion, he became one of the richest persons in India in 2007 according to the Forbes Rich List
- In 2008, Reliance Power’s IPO became India’s largest of the time which was subscribed in less than a minute
- His businesses had a market capitalization of Rs 1,65,917 crore in January 2008
- Losing a huge chunk of his fortune in the recession of the late 2000s, his net worth dropped to $13.7 billion by 2010 as per Forbes’
- He lost his billionaire tag in 2019
- By June 2019, Reliance Group’s market capitalization stood at Rs 6,196 crore
Before you go ...
- Anil Ambani is a fitness enthusiast and also a seasoned long-distance marathon runner, with over 50 half and full marathons to his credit.
- His other interests include nature, wildlife conservation and spiritualism.
Anil Ambani News
- Off 300 points from day's high, Sensex ends 87 pts higher on selloff in banks, NBFCsThe gains were also capped due to shrinking industrial output data.
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