Mukesh Ambani Net Worth

Background and career

Mukesh Dhirubhai Ambani (born 19 April 1957) is an Indian businessman. He is the chairman and managing director of Reliance Industries, the largest public company in India by market capitalisation in 2025. As of June 2026, he is the richest person in Asia and the 22nd richest in the world, with a net worth of US$91.8 billion. He has attracted fame due to his growth and wealth, and criticism for being a plutocrat, and reports of market manipulation, political corruption, cronyism, and exploitation.

Born in 1957 to Dhirubhai Ambani, the founder of Reliance Industries, and Kokilaben in Aden, Mukesh Ambani completed his studies at St. Xavier's College, Mumbai and Institute of Chemical Technology. He dropped out of Stanford University in 1980 to join Reliance Industries. He expanded the energy ventures of the company, and directed the set up of its largest petroleum refinery at Jamnagar. He took an increasing role in the company after his father developed health issues in the late 1980s. After the death of his father in 2002, the ownership of the companies in the group was divided between him and his younger brother Anil Ambani. Later, he expanded the portfolio of the group and launched or acquired several ventures in energy, finance, healthcare, media, telecommunications, and sports.

Mukesh Dhirubhai Ambani was born on 19 April 1957 in the British crown colony of Aden (present-day Yemen) into a Gujarati Hindu family to Dhirubhai Ambani and Kokilaben Ambani. His father was the founder of Reliance Industries, the largest public company by market capitalization in India. He has a younger brother Anil Ambani and two sisters, Nina Kothari and Dipti Salgaonkar.

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. The latter was originally named "Vimal" but later changed to "Only Vimal". His family lived in a modest two-bedroom apartment in Bhuleshwar, Mumbai, until the 1970s. The family's financial status slightly improved when they moved to India but Ambani still lived in a commune, used public transportation, and never received an allowance. Dhirubhai later purchased a 14-floor apartment block called 'Sea Wind' in Colaba, where Ambani and his brother lived with their families on different floors.

Ambani did his primary schooling from the Scindia School, Fort, Gwalior and senior secondary schooling from Hill Grange High School at Peddar Road, Mumbai, along with his brother and Anand Jain, who later became his close associate. After his secondary schooling, he studied at St. Xavier's College, Mumbai. He then received a BE degree in chemical engineering from the Institute of Chemical Technology.

How Mukesh Ambani makes money

As of June 2026, he is the richest person in Asia and the 22nd richest in the world, with a net worth of US$91.8 billion. He surpassed Jack Ma, executive chairman of Alibaba Group, to become Asia's richest person with a net worth of $44.3 billion in July 2018. They live in Antilia, a private 27-storey building in Mumbai, which was valued at US$1 billion and was the most expensive private residence in the world at the time it was built.