Mukesh Ambani
Chairman and managing director, Reliance Industries
EditorInsights
- Mukesh Ambani is the chairman of Reliance Industries, a powerhouse that generates around $120 billion in annual revenue. The company spans across multiple sectors, including petrochemicals, oil and gas, telecom, retail, media, and financial services.
- Reliance was originally founded in 1966 by Ambani’s late father, Dhirubhai Ambani, who began as a small textile manufacturer after starting out as a yarn trader. Following his father’s passing in 2002, Mukesh and his younger brother, Anil, split the family business.
- Today, Reliance is best known for Jio, its telecom and broadband arm, which has grown to an impressive 490 million subscribers. In July 2023, the group also launched Jio Financial Services, expanding further into the finance sector.
- Mukesh Ambani has also been steering the company toward the future with massive investments in green energy. Reliance has committed $80 billion over the next 10–15 years to renewable energy projects, including the construction of a new complex next to its existing refinery.
- In 2023, his three children officially joined the Reliance board, each taking leadership roles in different divisions: Akash Ambani heads Jio, Isha Ambani oversees retail and financial services, and Anant Ambani is focused on the energy business.
Personal Stats: Mukesh Ambani
Age: 68
Source of Wealth: Diversified (Petrochemicals, Telecom, Retail, Energy & More)
Residence: Mumbai, India
Citizenship: Indian
Marital Status: Married
Children: 3
Education: Began MBA at Stanford University but dropped out; holds a Bachelor of Science in Engineering from the University of Mumbai
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“Anything and everything that can go digital is going digital. India cannot afford to be left behind.”
Mukesh Ambani
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