The Ambani family on Friday showed their glamorous side at the sangeet ceremony of Anant Ambani and Radhika Merchant in Mumbai. Several spiritual leaders joined the celebration of Anant Ambani and Radhika Merchant’s wedding ceremonies. Prime Minister Narendra Modi and other prominent political leaders from across the country have attended Asia’s richest man Mukesh Ambani’s youngest son Anant Ambani and Radhika Merchant’s wedding ceremony. Reliance Industries chairman billionaire Mukesh Ambani, recently visited the Reliance Foundation Hospital to meet Deepika Padukone. Indian markets plunged sharply, with Sensex down nearly 4,000 points and Nifty below 21,750, amid global recession fears. Founded in 1957 by Dhirubhai Ambani, the company is now managed by the second generation and continues to be a key force in India’s economy.
Ambani is one of four children of renowned Indian industrialist Dhirubhai Ambani, who first worked as a gas station attendant in Aden, Yemen. He ranked among the top 10 wealthiest people in the world on Forbes magazine’s annual list of billionaires in 2021, 2022, and 2023. Ranked #1 among Indian CEOs and #2 globally in the Brand Guardianship Index 2024 by Brand Finance
Mukesh Ambani Reclaims Top Spot On Forbes List Of India’s 100 Richest
The Ambani Group is not just a business empire—it’s a symbol of modern India’s entrepreneurial spirit. The family legacy now blends tradition with technological ambition, ensuring continuity across generations. Established in 1966 as Reliance Commercial Corporation, the entity transformed into RIL in 1973, revolutionizing Indian business culture forever. The billionaire businessman was also seen introducing Senior Bachchan to some of his esteemed guests.
Personal life
Estimates for the wedding’s cost range from $300 million to $600 million, and had led to criticism regarding wealth inequality in India. It had been described as India’s “wedding of the year” and “India’s own royal wedding”. On 12 to 14 July 2024, the wedding of Anant Ambani and Radhika Merchant was held as a three-day event that took place at the Antilia building and Jio Convention Center in Mumbai. He married Nita Ambani in 1985 and they have two sons, Akash (born 23 October 1991) and Anant (born 10 April 1995), and a daughter, Isha Ambani, who is Akash’s twin. Reliance Industries has faced criticism for maintaining business relations with Russia despite international sanctions imposed following Russia’s invasion of Ukraine in 2022.
See the full list of supported operating systems. If you don’t want Google’s repository, do ‘sudo touch/etc/default/google-chrome’ before installing the package. Of India for the securities market; Involved in conducting workshops on ‘Financial Literacy to various groups such as students, company executives, middle-income groups etc.
What is Mukesh Ambani’s role at Reliance Industries?
- Reliance Industries Chairman Mukesh Ambani and his wife Nita Ambani, along with their family, took to the dance floor to perform to Shah Rukh Khan’s hit song ‘Deewangi Deewangi’ from the movie Om Shanti Om.
- His father was the founder and CEO of Reliance Industries, currently the largest public company in India by market capitalization.
- At the second position is Gautam Adani and family, with a fortune of $92 billion.
- With his visionary leadership, the company has diversified into various sectors, including petrochemicals, refining, oil, telecommunications, and retail.
About this time, Ambani declared that Jio will be among the first companies globally to develop 6G capabilities. Ambani’s multiple business successes include the purchase of the Mumbai Indians, an Indian Premier League (IPL) cricket team, through a Reliance subsidiary in 2008. Two years earlier Ambani led the development of Reliance Retail—a retail network comprising both physical and online stores, claimed by Reliance to be India’s largest retailer.
Esteemed guests from across the globe, including business magnates, political figures, and celebrities from various fields, graced the event, highlighting the Ambani family’s significant influence and connections. The pre-wedding festivities for Anant Ambani and Radhika Merchant were held with unparalleled extravagance, capturing the attention of global media and setting the stage for what many have called the most lavish wedding in recent memory. His educational background, though not concluded with an MBA, endowed him with a solid foundation in technical and managerial disciplines, instrumental in his journey to becoming a business magnate. However, the call to join his family’s burgeoning business proved more decisive, leading him to discontinue his studies at Stanford.
- Mukesh Ambani is an Indian businessman and the Chairman and Managing director of one of the largest conglomerates in the world, Reliance Industries Ltd.
- That same year Dhirubhai Ambani and a cousin founded the Reliance Commercial Corporation, which grew into RIL from a commodities-trading business that they initially operated out of a one-room rental space.
- His father felt that real-life skills were harnessed through experiences and not by sitting in a classroom, so he called his son back to India from Stanford to take command of a yarn manufacturing project in his company.
- Ranked #1 among Indian CEOs and #2 globally in the Brand Guardianship Index 2024 by Brand Finance
- This vast wealth underscores Ambani’s success in diversifying and expanding his business empire and highlights his position as a pivotal figure in shaping India’s economic landscape.
Through Reliance Foundation, chaired by Nita Ambani, the Ambani family has initiated numerous projects to improve health, education, and rural transformation in India. Beyond the luxury and business acumen that define Mukesh Ambani lies a deeply ingrained commitment to philanthropy. The wedding of Mukesh Ambani’s son was nothing short of a fairytale, setting new benchmarks for grandeur and luxury in matrimonial celebrations worldwide.
Who is Mukesh Ambani?
Across the seas and centuries, these family names tell a story of commerce, migration and shared histories. Though New York City mayor-elect Zohran Mamdani champions socialist politics in New York, his surname traces back to the same Gujarati roots as that of corporates Mukesh Ambani and Gautam Adani. Shiv Nadar and his family donated a total of Rs 2,708 crore in the last year, which comes to nearly Rs 7.4 crore per day. Mukesh and Nita Ambani, along with their family, performed religious rituals at the new Shiv Mandir in Gir, Saurashtra, with notable Bollywood and cricket personalities in attendance.
His father felt that real-life skills were harnessed through experiences and not by sitting in a classroom, so he called his son back to India from Stanford to take command of a yarn manufacturing project in his company. The family’s financial status slightly improved when they moved to India but Ambani still lived in a communal society, used public transportation, and never received an allowance. His family lived in a modest two-bedroom apartment in Bhuleshwar, Mumbai, until the 1970s. Ambani lived only briefly in Yemen because his father decided to move back to India in 1958 to start a trading business that focused on spices and textiles. His father was the founder and CEO of Reliance Industries, currently the largest public company in India by market capitalization.
Founder: Dhirubhai Ambani
This monumental wealth positions him as one of the wealthiest individuals in Asia and among the elite ranks of global billionaires. Mukesh Ambani’s financial stature is a testament to his unparalleled success in the business world, with a net worth surpassing $84 billion. This side of Mukesh Ambani underscores a fundamental belief in giving back to the community, demonstrating that his influence goes beyond business, touching the lives of millions nationwide. Ambani’s philanthropic endeavors extend to supporting sports and promoting various sporting events and leagues in India, reflecting a holistic approach to societal development. Under Mukesh Ambani’s guidance, the foundation has been at the forefront of disaster response, providing aid during natural calamities and pandemics.
With an aggregate refining capacity of 1.4 million barrels of oil per day at a single location, Jamnagar has become the refining hub of the world and has placed India firmly on the global energy map. Salman Khan and Aamir Khan have also regularly appeared at Ambani family gatherings and have performed at large-scale events hosted by the family. Among them, Shah Rukh Khan has been especially close to the Ambani family, frequently attending their private celebrations, cultural events, and corporate functions. Purchased at about ₹1000 crores, it is be used by the Ambani family for their long-distance travels.
Mukesh Ambani earned a bachelor’s degree in chemical engineering from the University of Bombay (now the University of Mumbai) and subsequently pursued a master’s degree in business administration from Stanford University. That same year Dhirubhai Ambani and a cousin founded the Reliance Commercial Corporation, which grew into RIL from a commodities-trading business that they initially operated out of a one-room rental space. Because of the increasingly unstable political climate in Aden, where Mukesh Ambani was born, the family relocated in 1958 to the Bhuleshwar neighborhood of Bombay (now Mumbai), where they lived in a chawl (a communal building that commonly features low-rent two-room apartments).
Ambani’s thirst for knowledge and desire to broaden his business acumen led him to Stanford University in California. Growing up in a modest two-bedroom apartment in Bhuleshwar, Mumbai, Mukesh and his younger brother Anil were instilled with hard work, perseverance, and the importance of family ties from a young age. His early life was marked by a shift from Yemen to India in the late 1950s, where his father started a small but ambitious trading business that would eventually grow into the Reliance empire. His leadership style, marked by a combination of aggressive business tactics and an emphasis on innovation, continues to influence aspiring entrepreneurs worldwide. Under his guidance, Reliance Industries has achieved monumental success in India and gained recognition on the global stage, cementing Ambani’s reputation as a titan of industry.
Between the cruise in June and the wedding on the July 12 weekend, the Ambani family organized a performance by Canadian singer Justin Bieber in Mumbai. The pre-wedding celebrations in Jamnagar featured a performance by pop chicken road game download star Rihanna, and the guest list included the likes of Mark Zuckerberg and wife Priscilla Chan, Bill Gates, Sundar Pichai, Bollywood stars Amitabh Bachchan and Shah Rukh Khan, and Indian billionaires Gautam Adani and Kumar Mangalam Birla. Akash Ambani heads Jio Infocomm; Isha Ambani is tasked with driving the expansion of Reliance Retail into newer formats and areas; and Anant Ambani is leading the Reliance Group’s energy and materials businesses, helping Reliance on its path to becoming a net-zero carbon company by 2035.
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Recognised as a “Titan” in Time100 Philanthropy 2025 list for empowering millions Today, Reliance Retail is the largest organised retail player in India. Mukesh Ambani also led the development and implementation of a pan-India organized retail network for Reliance, spanning multiple formats and supply-chain infrastructure.
Ambani’s approach to business is characterized by his willingness to take calculated risks and his foresight in recognizing the potential of emerging markets, particularly in the digital and telecom space with the launch of Jio in 2016. Mukesh Ambani has played a pivotal role in making the company a Fortune Global 500 company and India’s most valuable company by market value. Born on 19 April 1957, he is currently 64 years old and has made his mark as one of the most successful entrepreneurs in the world. Mukesh Ambani, the renowned Indian businessman, has been a household name in the country for decades.