Anil Ambani is a well-known name in the Indian business industry, and he owns several companies in diverse sectors.
One of his flagship companies is Reliance Power, which deals in thermal, gas, and renewable energy.
Another company owned by Ambani is Reliance Infrastructure, which provides services in the fields of power distribution, construction, and engineering.
Additionally, he has ownership in Reliance Capital, which operates in the financial industry and offers services like asset management, mutual funds, and insurance.
Apart from these, he also has a controlling interest in Reliance Naval and Engineering Limited, which operates in the naval and shipbuilding industry.
With a diverse range of companies under his ownership, Anil Ambani has made his mark in the Indian business world.
Who is Anil Ambani?
Who is Anil Ambani and why has he captured the attention of so many people around the world?
He is a noted Indian business magnate, investor, and philanthropist whose net worth makes him one of the wealthiest people in India.
His success story started with his family group’s risk-taking investment style that enabled it to grow into an impressive conglomerate called Reliance Industries Limited (RIL).
By delving deeper into Mr. Ambani’s career path we can gain insight into how someone can come from humble beginnings yet build a global empire through hard work and dedication.
Which Companies are Owned by Anil Ambani?
A list of notable companies owned by Anil Ambani is below:
1. Reliance Industries Limited
Reliance Industries Limited (RIL) is an Indian multinational conglomerate company headquartered in Mumbai, Maharashtra.
It was founded by the late Dhirubhai Ambani in 1966 and is currently managed by his two sons—Mukesh Ambani and Anil Ambani. RIL operates across sectors such as energy, petrochemicals, retail, textiles, natural resources, and telecommunications.
It is India’s largest private sector enterprise, with annual revenue of over ₹2 lakh crore (US$26 billion).
RIL is a Fortune 500 company and has consistently been ranked as one of the most valuable companies in India by market capitalization.
2. Reliance Power
Reliance Power is a wholly-owned subsidiary of Reliance Industries Limited (RIL).
It is one of India’s leading power generation companies. The company operates several thermal, gas, and renewable energy projects across the country.
It also provides services in the areas of turnkey project management, engineering, procurement, construction, and commissioning.
Additionally, it has interests in areas such as coal mining, oil & gas exploration and production, and infrastructure.
It is also involved in the development of several ultra-mega power projects across India.
3. Reliance Infrastructure
Reliance Infrastructure (RInfra) is another subsidiary of RIL that operates in many different sectors ranging from engineering, procurement, and construction activities to asset management, and project financing services.
It was established in 2005 and is currently responsible for the operations of several power stations, metro lines, roads, highways, port projects, and other infrastructure projects across India.
4. Reliance Jio
Reliance Jio Infocomm Limited (RJIL) is a wholly-owned subsidiary of RIL that provides mobile broadband, digital services, and other telecommunications services across India.
It was launched in September 2016 and is now the largest mobile network operator in India by subscriber base.
It provides 4G LTE services with high-speed internet access, voice-over LTE (VoLTE) calling, and video streaming services.
RJIL also offers digital payment solutions such as JioMoney, JioPay, JioSwitch, and JioCloud.
5. Reliance Retail
Reliance Retail is the retail arm of Reliance Industries Limited and one of India’s leading retail chains.
It operates many different formats such as supermarkets, consumer electronics stores, convenience stores, wholesale cash & carry outlets, apparel stores, footwear stores, hypermarkets, and specialty stores.
It also has several online retail platforms such as JioMart, AJIO, and Reliance Fresh Direct.
6. Reliance Capital
Reliance Capital is one of the financial subsidiaries of RIL and is involved in asset management, mutual funds, finance, and investment banking services.
It provides a wide range of services such as wealth management, insurance broking, venture capital, alternative investments, etc. Anil Ambani owns around 4% stake in Reliance Capital.
7. Reliance Naval and Engineering Limited
Reliance Naval and Engineering Ltd is a subsidiary of RIL and is involved in the construction of ships, offshore structures, rigs, etc.
It also offers shipbuilding-related services such as repair works, refits, and conversions. Anil Ambani currently holds around 2% of the share in Reliance Naval and Engineering Limited.
8. Reliance Mutual Fund
Reliance Mutual Fund is a subsidiary of Reliance Capital and provides mutual fund investment options for individuals, corporates, non-resident Indians, and institutions.
Anil Ambani holds around a 4% stake in Reliance Mutual Fund.
9. Network18 Media & Investments Ltd
Network18 Media & Investments Ltd is a subsidiary of RIL and operates in the media and entertainment space.
It has television, print, and digital properties such as CNBC TV18, CNN-IBN, IBN7, Colors TV, ETV channels, etc. Anil Ambani holds around 8% stake in Network18 Media & Investments Ltd.
10. Big FM Radio Pvt Ltd
Big FM Radio Pvt Ltd is a subsidiary of Reliance Broadcast Network.
It operates Radio stations in various cities across India and broadcasts music, news, entertainment shows, etc. Anil Ambani holds around a 4% stake in Big FM Radio Pvt Ltd.
11. Essel Propack Ltd
Essel Propack Ltd is a subsidiary of RIL and manufactures multilayer laminated plastic tubes for packaging of products such as cosmetics, pharmaceuticals, etc.
Anil Ambani holds around a 3% stake in Essel Propack Ltd.
12. Reliance Real Estate Ventures Pvt Ltd
Reliance Real Estate Ventures Pvt Ltd is a subsidiary of RIL and is involved in the development of real estate projects, such as malls, multiplexes, etc.
Anil Ambani holds around 4% stake in Reliance Real Estate Ventures Pvt Ltd.
What is Anil Ambani’s Net Worth?
Anil Ambani’s net worth as of March 2024 is around $117.5 billion.
This makes him one of the wealthiest individuals in India, and his success story is a testament to his hard work and dedication.
With his entrepreneurial spirit and business acumen, Anil Ambani has played a key role in the growth and development of the Indian economy.
What is the Annual Revenue of Anil Ambani?
Anil Ambani’s annual revenue is a staggering figure that has attracted attention from around the world.
As one of the most successful business magnates in India, Ambani has made his fortune through a diverse portfolio of companies, spanning industries from finance to telecommunications.
Despite this, it is clear that Ambani’s financial success has allowed him to pursue a variety of philanthropic projects and cement his status as one of India’s most influential figures.
Final Thoughts
In summary, Anil Ambani is an Indian industrialist and the chairman of the Reliance Group.
He is estimated to be worth around $117.5 billion and owns a variety of different companies including Reliance Infrastructure, Reliance Healthcare, and Reliance Communications.
The companies are based out of its headquarters in Mumbai, India, with over 32,000 employees throughout the group.
In conclusion, it’s clear that Anil Ambani is one of India’s most successful business magnates and is not slowing down anytime soon.
His story serves as a powerful example for young entrepreneurs from India and beyond who are looking to make their mark on the world.
FAQs
What is the Percent of Anil Ambani’s Stake in Reliance Industries?
Anil Ambani holds around 3% stake in Reliance Industries Ltd.
What Assets Does Anil Ambani Own?
Anil Ambani owns a diverse portfolio of companies, spanning industries from finance to telecommunications. He also holds around 4% stake in Reliance Real Estate Ventures Pvt Ltd.
How Has Anil Ambani Contributed to the Indian Economy?
Anil Ambani has an entrepreneurial spirit and business acumen. His contributions have led to increased financial stability for India.