Age: 65
Birthplace: Mumbai, India
Owner: Reliance Industries
Net worth: $87.6 billion
Reliance ownership: 42% ($84.2 billion total)
Other assets: $410 million in real estate
Mukesh Ambani is the Chairman and Managing Director of Reliance Industries, one of the world’s largest refiners and one of the world’s most valuable companies.
Founded by his father Dhirubhai Ambani in 1966, the group started out as a textile company and is now one of the most important sectors of the Indian economy.
Reliance’s businesses include oil and gas, petrochemicals, refining, retail and media.
About half of Ambani’s wealth comes from his publicly traded 42% stake in Reliance.
He owns Antilia, his $410 million real estate complex in Mumbai. Ambani is a professional cricketer who also owns his own team, Mumbai His Indians.
In 2016, Ambani launched a 4G phone network and plans to launch 5G services in India, which has more than 420 million subscribers.
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