Anil Ambani Net Worth 2023
Anil Ambani has a net worth of $2.5 billion as of 2023. He has accumulated his net worth with the versatility he has shown in each field he has worked in.
His main source of earnings is from his career as a businessman.
Anil Ambani Salary 2023
Anil Ambani’s salary is $55 Million per year and gets a monthly salary of $4.5 Million, he is an Indian businessman.
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Anil Ambani Biography
Anil Ambani is an Indian businessman who was the chairman of Reliance Group (also known as Reliance ADA Group), which was created in July of the year 2006 following a demerger from Reliance Industries Limited.
He leads a number of stocks listed corporations including Reliance Capital, Reliance Infrastructure, Reliance Power as well as Reliance Communications. Anil, once the sixth richest person in the world, declared before a UK court in February 2020 that his net worth is zero as well as he is bankrupt, although the veracity of that claim is in question.
Anil served in the Rajya Sabha, the upper house of the Parliament of India from Uttar Pradesh as an Independent MP between 2004 and 2006.
Anil Ambani Wiki
Birth name: Anil Dhirubhai Ambani
Date of birth: June 4, 1959
Place of birth: Mumbai, India
Anil Ambani’s age: 63 years (as of 2022)
Birth sign: Gemini
Height: 6′ 0″
Spouse: Tina Ambani (m. 1991)
Education: Kishinchand Chellaram College, University of Pennsylvania, 1983
Salary: $55 Million per year
Net worth: $2.5 billion (2023)
Anil Ambani Age
Ambani is 63 years old as of 2022, he was born on June 4, 1959, in Mumbai, India. He normally celebrates his birthday with his family and close friends every year on June 4. His zodiac sign is Gemini.
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Anil Ambani Height
Ambani stands at an average height of 6 feet 0 inches approximately 1.80 m.
Anil Ambani Parents and Siblings
Ambani is the younger son of the founder of Reliance Industries, Dhirubhai Ambani, and his lovely wife Kokilaben. He has said that his dad would lead the brothers on “incentive-oriented outings” where they would be rewarded a box of mangoes for a 10-km (six-mile) hike, but also punished them for acting out in front of guests.
Anil is the younger brother of Mukesh Ambani and has two sisters, Nina Ambani Kothari and Dipti Ambani Salgaocar.
Anil Ambani Education
Ambani earned his Bachelor of Science degree from Kishinchand Chellaram College as well as received a Master in Business Administration at the Wharton School of the University of Pennsylvania in the year 1983.
Anil Ambani Wife
Ambani is married to Indian actress Tina Munim and they have two sons, Jai Anmol Ambani and Jai Anshul Ambani.
Anil Ambani Business
Anil received parts of Reliance Group with interests in telecom, entertainment, financial services, power as well as infrastructure. He is also credited with India’s largest IPO, that of Reliance Power, which in the year 2008 was subscribed in less than sixty seconds, the fastest in the history of Indian capital markets to date.
In 2005 he made his debut in the entertainment industry with an acquisition of a majority stake in Adlabs Films, a company with interests in film processing, production, exhibition as well as digital cinema. The company was renamed Reliance MediaWorks in the year 2009.
In the year 2008, a joint venture worth US$1.2 billion with Steven Spielberg’s production company DreamWorks cast Anil’s entertainment business onto a global platform. Ambani has contributed to the production of several Spielberg films, including the Academy Award-winning Lincoln.
He gained notoriety as one of the fastest destroyers of shareholder wealth in the last hundred years with the combined group market cap declining by ninety % since the formation of the Reliance ADA Group.
In early 2019, a court in Mumbai held Anil in criminal contempt for non-payment of personally guaranteed debt Reliance Communications owed to Swedish gear maker Ericsson, instead of jail time, the court gave Anil a month to come up with the funds. At the end of the month, Anil was bailed out by his elder brother, Mukesh Ambani.
In April of the year 2019, 3 ADAG Companies reached a standstill agreement with Franklin Templeton after securing NCD default. This led to SEBI changing mutual fund regulation of reducing unlisted NCDs exposure to 10% as well as making standstill agreement void. In the aftermath, FT India didn’t sell the pledged securities as well as wound six debt funds affecting 300,000 investors.
In February of the year 2020, Anil Ambani was locked in a legal battle with 3 Chinese banks. Anil was asked to set aside US$100 million in court which led Anil to make the statement that his net worth is currently zero after considering his liabilities. The dispute still rages on with the UK court ordering him to pay the three Chinese banks to the tune of US$716 million.
In October of the year 2021, Anil Ambani was named in the Pandora Papers along with his brother Mukesh.