Anant Ambani is the youngest child of the business tycoon Mukesh Ambani. Born on April 10, 1995, he has two siblings: one elder brother, Akash Ambani and another, Isha Ambani. Anant Ambani went to Dirubhai Ambani International School and has completed his graduation from Brown University. After graduation, he joined his family business as a member of the board of directors of Reliance Jio, and soon, he will join as the director of Reliance Retail Venture Ltd.
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What Are The Sources of Anant Ambani Net Worth?
In 2022, Anant Ambani’s estimated net worth was around ₹3,50,000 crore, or $42 billion; it was around ₹3,97,000 crore in 2023, which translates to approximately $47 billion. These staggering figures are proof of his roles and responsibilities in Reliance Industries. He has acquired various assets, has multiple income sources, and stakes in multiple ventures under the Reliance umbrella. This figure also indicates the trust and responsibility that the Reliance group has vested in him, especially with his recent appointment as the head of the energy unit.
Inheritance
Like his siblings Akasha and Isha Ambani, Anant Ambani has inherited 0.12% of RIL shares, a significant portion of the Reliance conglomerate. Reliance has a vast business empire interested in petrochemicals, refining, oil and gas exploration, telecommunications, and retail.
Personal Ventures and Investments
Apart from his inheritance, Anant Ambani net worth is also influenced by his multiple personal investments and business ventures. He has a keen interest in sports and has been spotted supporting his players and team, the Mumbai Indians. He has also made tactical investments in various startups and emerging businesses, diversifying his portfolio and allowing him to gain valuable insights into the industry.
Leadership Roles
Anant Ambani net worth is also a byproduct of his leadership roles. Following in his siblings’ footsteps, Anant Ambani soon assumed leadership roles at Reliance Industries. He was appointed as the director of Jio, and after serving for years, he will soon be taking up the RIL director position. Anant Ambani has also been seen with his mother’s philanthropic activities at the Reliance Foundation, which is dedicated to social causes such as education, healthcare, rural development, and disaster response. Apart from his career advancements, his exotic watch collection also influences his net worth.
Anant Ambani Exotic Watch Collection
We have already told you this earlier Anant Amabi net worth is not merely a byproduct of his career or personal investment but also of his exotic collection:
Patek Philippe Nautilus Travel Time 5990/1422G Emerald 18k White Gold
The 18K white gold case, set with diamonds, sapphire-crystal back, and black graduated dial with diamond hour markers, added a few crores to Anant Ambani net worth. The watch costs around INR 12 crores.
Richard Mille RM 56-02
This limited edition fashion baseplate, priced RM 56-02, is made from grade 5 titanium and costs around INR 18 crores in India. It is entirely suspended within the sapphire watch case, another watch contributing to Anant Ambani Net worth.
Patek Philippe Sky Moon Tourbillon 6002R-001
The Patek Philippe imbibes rose gold’s warm glow with a Grand Feu brown enamel decoration and is around INR 49 crores. This is the second most complicated Patek Philippe wristwatch, adding millions to Anant Ambani net worth.
Richard Mille RM 27-01 Rafael Nadal Tourbillon White Quartz
The Tourbillon RM 027 is a comfortable, lightweight watch that costs around $1.22 million. However, setting its movements is a real challenge, as its high-performance mechanics require rethought and retesting. This exotic watch is also an important source of Anant Ambani net worth.
Patek Philippe Nautilus 5990/1422G White Gold, Ruby, and Diamond Set
The Nautilus Travel Time watch from Patek Philippe is a perfect timepiece for a businessman and has a dual time zone mechanism that showcases local and home time with day and night indications in the apertures of stainless steel 40 mm. This is another exotic watch that has also added up to Anant Ambani net worth.
Projected Net worth
Projecting into 2024, given the current trajectory and the aggressive expansion plans of Reliance Industries, Anant Ambani net worth could potentially reach around ₹4,50,000 crore ($54 billion). This anticipated growth can be attributed to the ongoing projects and investments that Reliance is venturing into, especially in the energy and digital sectors. Anant’s leadership, strategic decisions and overall positive market sentiment towards Reliance Industries are expected to drive this growth. It’s also worth noting that as Reliance continues diversifying its portfolio and tapping into new markets, the potential for increased revenues and profitability rises, directly impacting Anant Ambani net worth.
Our Take On Anant Ambani Net Worth
As we mentioned above, Anant Ambani net worth is not merely a reflection of his family; rather, it is a mix of his personal investments, business ventures, and leadership roles. Although we have provided you with a concrete figure, that amount may not represent the true value. Though his net worth is not just the result of his family inheritance, most of his wealth is tied to the growth of Reliance Industries.
FAQs
Who owns the maximum shares in Reliance?
Kokilaben Ambani, the grandmother of Anant Ambani, is Reliance Industries Limited’s (RIL) highest shareholder, with a shareholding of around 0.24 %, or 1.75 crore shares.
Who is the CEO of Reliance Group?
Mukesh Ambani is the CEO and managing director of RIL.
What is the full name of JIO?
Joint Implementation Opportunities is the full name of the telecom giant in India, popularly known as Reliance Jio Infocomm Limited or Jio.
What is the net worth of the Radhika Merchant Family?
INR 750 Crores is the net worth of Radhika Merchant’s family.