Anil Ambani Biography
|Celebrity Name:||Anil Ambani|
|Birth Name:||Anil DhirubhaiAmbani|
|Birth Date:||June 4, 1959|
|Age:||60 years old|
|Birth Place:||Bombay, Bombay State, India|
|Spouse (Name):||Tina Munim|
|Children:||Jai Anmol Ambani ; Jai AnshulAmbani.|
|Net Worth:||$100 million|
|Last Updated :||March, 2020|
Anil Ambani is a business tycoon whose nationality is Indian. Anil Ambani is currently 60 years old and his physical statistics are: height –1.83m, and weight – 72kg. Anil Ambani holds the title of the Chairman of the Reliance Group. The income that forms Anil Ambani net worth mainly comes from the different stock listed corporations under his Reliance ADA Group, they include: Reliance Communications, Reliance Capital, Reliance Power and Reliance Infrastructure. By the end of this article, you would have known all you need to know about Anil Ambani biography and net worth.
Anil Ambani Early Life
The Indian businessman was born in Bombay, Bombay State, India on the 4th of June, 1959. Anil Ambani parents are Dhirubhai Ambani and Kokilaben Ambani. He has an older brother whose name is Mukesh Ambani and two sisters: Nina Bhadrashyam Kothari and Dipti Dattaraj Salgaocar. In 2002, Anil Ambani lost his father.
For his education, Anil Ambani went to the Kishinchand Chellaram College where he bagged a Bachelor of Science degree. He thereafter furthered his education in 1983 by moving on to acquire a Master in Business Administration at the Wharton School of the University of Pennsylvania.
Anil Ambani Career Life
Anil Ambani began his business career as the head of the Reliance Group following the demise of his father in 2002. He subsequently had his interests in the areas of infrastructure, telecom, financial services, power and entertainment. Regarding his interests in the entertainment industry, Anil Ambani has several animation studios, nationwide DTH businesses, numerous multiplex cinemas, and 44 FM radio stations all over India. His debut into the entertainment sector was launched in 2005 after he purchased major stakes in Adlabs Films, which focuses in the processing and production of films, exhibition, and digital cinema. As the years passed by, the company’s name was later changed to Reliance Mediaworks in 2009. Without any doubts, Anil Ambani’s entertainment business has experienced remarkable deeds. Ambani’s entertainment company was brought into worldwide limelight after a partnership with famous American Film genius Steven Spielberg’s DreamWorks in 2008. The partnership is reportedly said to have worth $1.2 billion. Spielberg and Ambani have quite the history of working together and Ambani has invested in some of Spielberg’s films.
In all, Anil Ambani’s finances have suffered a very big blow and he has lost most of his empire as a result of the massive decline of his holdings shares. As at March 2018, the Reliance Group companies had a combined debt of more than 1.7 lakh core. Here is the debt breakdown of his Reliance Group companies: Reliance Capital (₹46,400 cr), Reliance Power (₹31,697 cr), Reliance Home Finance (₹13,120 cr), Reliance Communications (₹47,234 cr), Reliance Infrastructure (₹23,144 cr), and Reliance Naval and Engineering (₹10,689 cr).
Anil Ambani Personal Life
Anil Ambani is married and currently has two sons; Jai Anmol Ambani and Jai AnshulAmbani. The name of his wife is Tina Munimand she is an Indian actress. Anil Ambani tied the knot with Tina in 1991.
Anil Ambani Awards and Recognitions
Do you think only movie stars and music celebrities are awarded with awards? Well, Anil Ambani is not just a wealthy business tycoon, he definitely has a number of accolades to his name. It’s pretty interesting. Right? Here, we’ll be taking a quick look at the numerous awards and honors that have been conferred upon this businessman. In June 1999, Anil Ambani was listed by Asiaweek magazine for its list of ‘Leaders of the Millennium in Business and Finance’. They also introduced him as the only ‘new hero’ in a Business and Finance from India. Anil Ambani received ‘the CEO of the Year Awards’ in the 2004 Platts Global Energy Awards. He has also been nominated as the ‘Best Role Model’ among business leaders in August 2006. This was during the biannual Mood of the Nation poll carried out by the India Today Magazine. The following are his other awards and recognition: ‘The Entrepreneur of the Decade Award’ (October 2002, awarded by the Bombay Management Association), ‘Businessman of the Year 1997’ award (December 1998, by Business India), nominated as ‘Businessman of the Year’s by The Times of India (December 2006).
In all, Anil Ambani net worth is not only substantially large, but he equally has the awards and recognition to show for it. This is a feat many young Indians look up to exemplify in him. The last of his awards which we should be sharing with you is Anil Ambani’s ‘First Wharton Indian Alumni Award’ conferred by the Wharton India Economic Forum (WIEF) in December 2001. Anil Ambani was duly recognized for his contribution to the establishment of Reliance as a world model in many of its business focus.
Anil Ambani Net Worth
Anil Ambani net worth is estimated at $100 million. For someone who was once worth $42 billion, making him once the sixth richest person in the globe, this is a massive fall. Anil Ambani’s wealth experienced a very drastic and unbelievable decline as of June 2019. His net worth has dropped to $100 million. Although to the average man, this amount remains quite a fortune. However, when financially analyzed and compared to his former net worth, coupled with the debt-ridden status of his companies, then Ambani’s current net worth is quite below standards. Anil Ambani flies a $50 million Bombardier Global Express Jet, a Bell 412 helicopter, Falcon 7X jet and Falcon 2000 Jet. He also resides in the Ambani family’s ‘The Sea Wind’ – a 14-floors luxury home located in South Mumbai, India. Before his financial crisis, Anil Ambani also purchased a $84 million yatch named Tian Yatch. His auto collections consists of a Land Rover, Lexus SUV, Mercedes GLK350, a Porsche, and a Lamborghini Gallardo.
In conclusion, although Anil Ambani is no longer on the list of the world’s billionaires, he would still remain a role model to a number of young Indians. This is all you need to know about Anil Ambani net worth and biography.