
Reported net worth
$90.00B
Source: Celebrity Net Worth · verified Oct 13, 2026
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Mukesh Ambani was born in 1957 in Aden, Yemen, and moved with his family to Mumbai, India, shortly thereafter. His father, Dhirubhai Ambani, founded Reliance Commercial Corporation, which started as a textile trading business and later evolved into the massive industrial conglomerate Reliance Industries. Mukesh grew up in relatively humble surroundings, eventually earning a degree in chemical engineering from the University of Mumbai and later pursuing an MBA at Stanford University before returning to India to assist with his father's expanding enterprise.
His role in building the family business was instrumental, particularly in steering Reliance Industries toward vertical integration. In the 1980s and 1990s, he spearheaded the company's move into petroleum refining and petrochemicals. Under his leadership, the construction of the Jamnagar refinery complex transformed Reliance into one of the world's most significant players in the energy sector, allowing the firm to control everything from oil exploration to the production of refined petroleum products and synthetic fabrics.
Following his father's death in 2002, Mukesh assumed the chairmanship of Reliance Industries. He oversaw a period of aggressive diversification, moving the company into retail and digital services. The launch of Reliance Jio in 2016 was a major turning point, as the company disrupted the Indian telecommunications landscape by providing low-cost, high-speed data access to millions of users, effectively digitizing the country and cementing his status as a dominant leader in the technology sector.
Ambani has reached several milestones, including consistently ranking among the world's richest individuals and turning Reliance into the most valuable company in India by market capitalization. His ventures now span a diverse array of sectors, including renewable energy, digital media, and e-commerce. He is also noted for his high-profile philanthropic contributions, particularly in the fields of healthcare, education, and rural development in India.
In the present day, Mukesh Ambani continues to lead Reliance Industries as its Chairman and Managing Director. He is currently focused on the company’s transition toward green energy, with significant investments in solar power and hydrogen technology. His strategic vision continues to shape the economic trajectory of India, and he remains a central figure in the global business community, balancing his industrial interests with ongoing efforts to expand the footprint of his company across the digital and retail landscapes.
1981
Joined Reliance Industries
Mukesh Ambani returned to India to join Reliance Industries, helping his father Dhirubhai Ambani expand the business from textiles into polyester fibers and petrochemicals.
1999
Commissioned Jamnagar Refinery
He spearheaded the creation of the world's largest grassroots petroleum refinery in Jamnagar, Gujarat, establishing Reliance as a global energy player.
2006
Founded Reliance Retail
He launched Reliance Retail, starting a venture that would grow to become India's largest retailer by revenue and store count.
2016
Launched Reliance Jio
He revolutionized the Indian telecommunications market by commercially launching Jio, offering highly affordable 4G high-speed data and voice services.
2020
Secured Global Tech Investments
He raised over $20 billion for Jio Platforms by selling stakes to major global investors, including Meta and Google, making Reliance Industries net debt-free.
2021
Announced Green Energy Pivot
He committed $10 billion over three years to build the Dhirubhai Ambani Green Energy Giga Complex in Jamnagar to transition Reliance toward renewable energy.
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