Mukesh Ambani
Diversified · Mumbai
Net worth
$92.4B
Today
+$596M+0.65%Past month
+$13.6B+17.29%As of Nov 11, 2026, 1:50 PM EST
Mukesh Ambani chairs and runs $125 billion (revenue) Reliance Industries, which has interests in petrochemicals, oil and gas, telecom, retail, media and financial services. Reliance was founded by his late father Dhirubhai Ambani, a yarn trader, in 1966 as a small textile manufacturer. After his father's death in 2002, Ambani and his younger sibling Anil divvied up the family empire. Reliance's telecom and broadband service Jio Platforms got listed in October 2026, achieving a market capitalisation of $137 billion, which made it the country's second-most valuable company after its parent. Ambani's three children joined the board of Reliance in 2023. Son Akash heads Jio; daughter Isha oversees retail and financial services; and younger son Anant is in the energy business. In 2026, Ambani announced plans for an $110 billion investment on AI infrastructure to be built across the country over the next seven years.
Net worth over time
Principal holdings
3 positions| Company | Industry | Share | Value |
|---|---|---|---|
Reliance Industries Ltd. BSE INDIA: 500325-IN | Diversified | 87.8% | $81.2B |
Jio Financial Services BSE INDIA: 543940-IN | Diversified | 8.4% | $7.8B |
Private and other holdings | Diversified | 3.8% | $3.5B |
Also known for
- During the Covid-19 lockdown, Ambani raised more than $20 billion selling a third of Jio to a string of investors, such as Facebook and Google.
- Reliance owns Network18, a licensee of Forbes Media.
- Ambani's U.S.-educated daughter Isha's marriage to fellow billionaire Ajay Piramal's son in 2018 drew 10,000 guests, including Hillary Clinton.
- Reliance Industries bought the Mandarin Oriental hotel in New York for $98 million in 2022.
- Ambani has expanded Reliance into green energy. The company will be investing $80 billion over the next decade or so on renewable energy.
- Ambani's son Anant's pre-wedding gala was held over three days in Jamnagar, Gujarat in March 2024 and had 1,600 guests, including Bill Gates, Mark Zuckerberg and Ivanka Trump.
“Anything and everything that can go digital is going digital. India cannot afford to be left behind.”