Mukesh Ambani is an icon of the Indian business world.
His visionary leadership has been instrumental in transforming India’s economy, making him one of the country’s most influential entrepreneurs.
From creating lucrative business opportunities for local communities to spearheading ambitious projects such as Jio, he has made a major impact on India’s international profile and the lives of millions within its borders.
Whether you’re already familiar with his amazing story or just beginning to get caught up on all that this multifaceted entrepreneur has achieved, now is a great time to learn more about who Mukesh Ambani is and what makes him so special.
Who is Mukesh Ambani?
Mukesh Ambani is one of the most prominent business magnates in India.
Born in Yemen in 1957, he is the eldest son of the late Dhirubhai Ambani, the founder of Reliance Industries.
Mukesh Ambani graduated from the Institute of Chemical Technology in Mumbai with a degree in Chemical Engineering.
He then went on to receive an MBA from Stanford University in the United States.
Mukesh Ambani has played a significant role in leading Reliance Industries to become one of the largest conglomerates in India, with interests in petrochemicals, refining, oil and gas exploration, retail, and telecommunications.
He is consistently ranked as one of the wealthiest men in the world, and his philanthropic efforts have made him a respected figure in both India and internationally.
What Companies Does Mukesh Ambani Own?
Mukesh Ambani is one of the most powerful and wealthy businessmen in India, with a vast portfolio of successful companies.
Following are the companies owned by him.
1. Jio Platforms
Jio Platforms is an Indian telecommunications and digital services company.
It is the largest telecom provider in India, offering mobile voice and data services to its customers.
Jio Platforms has also ventured into new areas such as technology-enabled financial services, home entertainment, cloud computing, payment solutions, media streaming, gaming, and retail.
The company is focused on creating digital experiences and connecting people to the world around them.
2. Reliance Retail
Reliance Retail is India’s largest and fastest-growing retail company, with over 11,000 stores across 6,700 cities and towns.
The company operates a variety of physical and online stores ranging from supermarkets to lifestyle stores.
Reliance Retail also offers a wide range of products including groceries, apparel, home appliances, electronics, and more.
3. Reliance Industries
Reliance Industries is one of India’s largest private sector companies, with a presence in over 20 countries.
It is an integrated energy and petrochemicals company, with businesses spanning oil refining, petrochemicals, retail, and telecommunications.
Reliance Industries operates the world’s largest single-location refinery at Jamnagar in Gujarat.
It has interests across multiple sectors including oil & gas, petrochemicals, textiles, and retail. It is also one of the world’s leading producers of polyester fiber and yarn.
4. Reliance Jio Infocomm
Reliance Jio Infocomm is a mobile network operator based in India, providing 4G LTE services to its customers.
The company is owned by Reliance Industries and was launched in 2016. It is the world’s largest mobile data network, with over 280 million subscribers.
Jio Platforms has become one of the leading providers of digital services in India, offering a suite of products and services including music streaming, video on demand, and e-commerce.
Mukesh Ambani is the Chairman and Managing Director of Reliance Industries. He has been an integral part of the company’s growth since its inception in 1966.
Under his leadership, Reliance Industries has grown into a global conglomerate with interests across multiple sectors.
He is credited as one of India’s most influential businessmen and philanthropists, having made numerous contributions to Indian society over the years.
5. Reliance Industrial Infrastructure Ltd.
Reliance Industrial Infrastructure Ltd. (RIIL) is a wholly-owned subsidiary of Reliance Industries and provides engineering, procurement, and construction services to both internal and external customers.
The company was established in 1985 and has since become one of India’s leading engineering and construction firms, with a focus on infrastructure projects such as roads, bridges, dams, power plants, and airports.
6. Reliance Petroleum Ltd.
Reliance Petroleum Ltd. (RPL) is a subsidiary of Reliance Industries, established in 1994 to explore and develop oil and gas reserves.
It has since become one of the leading players in the Indian energy sector, with interests in upstream exploration and production as well as downstream refining and marketing.
The company operates four refineries located across India, with a combined capacity of 27.5 million metric tonnes per annum.
7. Network 18 Media & Investments Ltd.
Network 18 Media & Investments Ltd. is a subsidiary of Reliance Industries and is one of India’s largest integrated media companies.
It was founded in 1999 and operates various television channels, digital properties, magazines, newspapers, and music labels across the country.
Network 18 also owns a stake in the online entertainment platform Voot, which offers original content as well as live
8. ReNew Power Ventures Pvt. Ltd.
ReNew Power Ventures Pvt. Ltd. is a venture capital-backed renewable energy firm founded in 2011 and backed by leading international investors such as Goldman Sachs, the Abu Dhabi Investment Authority, and the Asian Development Bank.
ReNew has since become one of India’s largest developers of solar and wind power projects, with over 10 gigawatts of installed capacity across the country.
9. VYOM Labs
VYOM Labs is an artificial intelligence platform developed by Reliance Industries in partnership with Microsoft and IBM.
The platform allows organizations to build intelligent applications for their businesses, ranging from predictive analytics to natural language processing.
VYOM Labs is one of the first AI platforms in India and has already seen successful deployments across multiple sectors such as retail, banking, and healthcare.
10. Aster DM Healthcare
Aster DM Healthcare is a leading healthcare services provider in India, operating over 350 medical facilities across nine countries.
The company was founded in 1987 and provides comprehensive medical care on a global basis, including primary care, outpatient services, diagnostics, and specialties.
It has recently started expanding into the Middle East region, partnering with government entities to provide healthcare solutions.
What is the Net Worth of Mukesh Ambani?
Mukesh Ambani is one of the wealthiest individuals in the world with an estimated net worth of over $91.2 billion as of October 2023.
As the chairman and largest shareholder of Reliance Industries, Ambani has made major contributions to the success of the conglomerate, which includes companies in petrochemicals, refining, oil and gas exploration, and telecommunications.
Additionally, Ambani has investments in numerous companies, both in India and abroad, which continue to add to his impressive net worth.
Despite his vast wealth, Ambani remains committed to philanthropic efforts, including funding education and healthcare initiatives throughout India.
Ambani’s story serves as a testament to the power of hard work and perseverance. Forbes said in its Billionaire 2023 list released on Tuesday.
FAQs
Why did Mukesh Ambani Become So Rich?
Mukesh Ambani has leveraged his wealth by diversifying into multiple industries such as telecommunications, retail, financial services, healthcare, etc.
What are the Interesting Facts About Mukesh Ambani?
1. Mukesh Ambani is the wealthiest person in India and the 10th wealthiest person in the world, according to Forbes.
2. He lives in a 27-story mansion called Antilia that cost over $2 billion to build.
3. He owns an Indian Premier League cricket team called Mumbai Indians which won 5 titles since its inception (2008).
4. He is the chairman of Reliance Industries, one of India’s largest conglomerates with interests in retail, telecommunications, energy, and other sectors.
5. Ambani has made investments in numerous companies both within India and abroad which have further contributed to his net worth.
6. He is very committed to philanthropy and has made large donations to various hospitals, schools, universities, and other charitable causes.
How strong is Ambani?
Ambani is a very successful and influential businessman.