Billionaire Profile
Mukesh Ambani
Global Rank
#20

Image: World Economic Forum from Cologny, Switzerland | CC BY-SA 2.0 | via Wikimedia Commons

Mukesh Ambani

CEO, Diversified
INDIA
Real-Time Net Worth
$98.591B
Estimated based on Diversified stock value as of May 9, 2026
-0.06% (24h)
Age
68
Source
Diversified
Industry
Diversified
Citizenship
INDIA

Biography

Mukesh Dhirubhai Ambani, born on April 19, 1957, is the chairman and managing director of Reliance Industries, a diversified conglomerate and the largest public company in India by market capitalization. His source of wealth is diversified across energy, petrochemicals, retail, telecommunications, and media. With an estimated net worth of $97.3 billion as of March 2026, he is the richest person in Asia and among the top 20 wealthiest individuals globally. Ambani's career began in 1981, when he joined Reliance Industries, later playing a pivotal role in its expansion and diversification. He is known for his business acumen and strategic vision, transforming Reliance into a global powerhouse.

Fact Checked
Verified by Editorial Team
Live Data
Updated 5/9/2026

Wealth Over Time

In-Depth Profile

Early Life

Mukesh Dhirubhai Ambani was born in Aden (present-day Yemen) on April 19, 1957, into a Gujarati Hindu family. His father, Dhirubhai Ambani, founded Reliance Industries. In 1958, the family moved to India, where Mukesh spent his childhood in Mumbai. He attended Hill Grange High School and St. Xavier's College in Mumbai, and earned a Bachelor of Engineering degree in Chemical Engineering from the Institute of Chemical Technology, Mumbai.

Rise to Success

Mukesh Ambani joined Reliance Industries in 1981, after dropping out of an MBA program at Stanford University. He worked alongside his father to expand the company's ventures, overseeing the establishment of its large petroleum refinery at Jamnagar. After his father's health declined, Mukesh took on a greater role within the company. Following Dhirubhai's death in 2002, Mukesh and his brother Anil Ambani initially took joint leadership of Reliance. However, the brothers later divided the Reliance assets. Under Mukesh’s leadership, Reliance Industries has grown to become India's largest private-sector corporation.

Key Business Strategies

A key strategy has been Reliance's diversification into various sectors, including petrochemicals, energy, textiles, retail, and telecommunications. The launch of Jio, Reliance's telecom arm, revolutionized India's digital landscape, rapidly gaining millions of subscribers. His focus on backward integration and innovation in the oil and gas sector has also been crucial to Reliance's success.

Philanthropy

Mukesh Ambani is known for his philanthropic activities through Reliance Foundation, which focuses on rural transformation, health, education, and disaster response.

Career Milestones

1977

Joined Reliance Industries

Began his career on the board of Reliance Industries.

1981

Returned to India and Joined Reliance

Returned to India and started working in Reliance Industries.

2002

Chairman and Managing Director of Reliance Industries

Became Chairman and Managing Director after his father's death.

2016

Launched Jio

Launched Reliance Jio, a telecom venture that transformed the Indian telecom sector.

2024

Forbes Ranking

Ranked as the richest person in Asia.

Philanthropy & Social Impact

Various

Reliance Foundation

Undisclosed

Reliance Foundation undertakes various initiatives in rural transformation, health, education, and disaster response.

Controversies & Challenges

2007

Stock Manipulation Fine

Faced a fine for alleged stock manipulation.