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Anil Ambani

Anil Dhirubhai Ambani (born 4 June 1959) is an Indian billionaire, businessman, chairman, and managing director of Reliance Group (a.k.a. Reliance ADA Group). The Reliance Group was created in July 2006 following a demerger from Reliance Industries Limited. He led several listed corporations, including Reliance Capital, Reliance Infrastructure, Reliance Power, and Reliance Communications. Anil's net worth is currently estimated at $1 Billion as of June 26, 2025.

Ambani, once the sixth richest person in the world, declared bankruptcy before a UK court in February 2020. He served in the Rajya Sabha, the upper house of the Parliament of India from Uttar Pradesh, as an Independent MP between 2004 and 2006. He was made MP with the help of the Samajwadi Party & the Congress Alliance.

Anil Ambani is the youngest son of the founder of Reliance Industries, Dhirubhai Ambani and his wife Kokilaben Ambani. Ambani has said that his father would lead the brothers on "incentive-oriented outings" where they would be rewarded with a box of mangoes for a 10-km (6 mile) hike, but also punished them for acting out in front of guests. He earned his Bachelor of Science degree from Kishinchand Chellaram College[citation needed] and received a Master in Business Administration at the Wharton School of the University of Pennsylvania in 1983.

Ambani's father Dhirubhai died in 2002 without leaving a clear succession plan. After bickering between Anil and his brother Mukesh, their mother Kokilaben mediated and split the family-owned businesses between the two brothers.

Anil Ambani received parts of Reliance Group with interests in telecom, entertainment, financial services, power and infrastructure. Ambani is also credited with India's largest IPO, that of Reliance Power, which in 2008 was subscribed in less than 60 seconds, the fastest in the history of Indian capital markets to date.

In 2005 Ambani made his debut in the entertainment industry with an acquisition of a majority stake in Adlabs Films, a company with interests in film processing, production, exhibition and digital cinema. The company was renamed Reliance MediaWorks in 2009. Ambani was featured as an empire builder in the Wharton school alumni magazine in 2006 .

In 2008 a joint venture worth US$1.2 billion with Steven Spielberg's production company DreamWorks cast Ambani's entertainment business on to a global platform. He has contributed to the production of several Spielberg films, including the Academy Award-winning Lincoln.

Ambani gained notoriety as one of the fastest destroyers of shareholder wealth in the last 100 years with the combined group market cap declining by 90% since the formation of the Reliance ADA Group.

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chairman of Anil Ambani Group
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