Anil Ambani¡¯s net worth: As part of the split, Anil Ambani received key companies including Reliance Communications (RCom), Reliance Capital, Reliance Energy, and Reliance Natural Resources. This move catapulted Anil Ambani into the global spotlight.
After the successful listing of Reliance Power, Anil Ambani's net worth saw a massive jump. At his peak, he was worth $42 billion, making him the sixth richest person in the world, according to India.com. At that time, he was richer than Mukesh Ambani, his elder brother.
In comparison, back in 2002, the combined net worth of the Ambani brothers stood at just $2.8 billion, which rose to $6 billion in 2004, and then $7 billion in 2005 before their business separation.
Despite his early success, Anil Ambani¡¯s fortune didn¡¯t last long. A series of poor investment choices, changing market dynamics, and tough competition, especially in the telecom sector, led to a steady downfall. Reliance Communications, once a leading telecom player, struggled to survive in the face of aggressive rivals and a price war.
His companies were heavily dependent on loans. This led to a cycle of debt that became hard to break. By February 2020, Anil Ambani declared bankruptcy before a UK court, stating he had no meaningful assets left.
As of March 10, 2025, Anil Ambani's net worth is estimated at around $530 million, a significant drop from his billionaire status, as reported in India.com. Though he still owns some assets, most of his business empire has shrunk or is under financial stress.
One of Anil Ambani¡¯s key companies, Reliance Capital, is currently being sold to pay off creditors. The Hindujas' IndusInd International Holdings Ltd. (IIHL) has emerged as the highest bidder for the company.
Ashok Hinduja, Chairman of IIHL, confirmed that regulatory approvals have been received to increase their stake in the bank from 15% to 26%. Once the Insurance Regulatory and Development Authority of India (IRDAI) approves the deal, outstanding dues will be cleared.
Anil Ambani also had a brief political career. He served as a Rajya Sabha Member of Parliament from Uttar Pradesh between 2004 and 2006 as an Independent.
Anil Ambani¡¯s ultra-luxurious home covers a massive 16,000 sq ft and comes with top-class features like a helipad, an open-air swimming pool, a gym, a large garage, and several other high-end comforts.
Inside the house, there is also a spacious temple that includes a dedicated ¡®havan¡¯ area for religious rituals.
Anil Ambani had planned for the building to be at least 150 metres tall, but due to various approval issues, he couldn¡¯t go ahead with that design.
Anil Ambani lives in this grand 17-storey mansion in Mumbai¡¯s Pali Hill area along with his wife Tina Ambani and their two sons, Jai Anmol Ambani and Jai Anshul Ambani.
The estimated value of Anil Ambani¡¯s house is a staggering Rs 5,000 crore, making it one of the most expensive private homes in India.
Anil Ambani¡¯s story is a classic example of how fortunes can change overnight. From being richer than Mukesh Ambani and among the world¡¯s wealthiest, to declaring bankruptcy, his journey has been full of sharp turns. While Mukesh Ambani¡¯s net worth continues to rise, Anil Ambani's net worth has seen a significant fall over the years.
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