Mukesh Ambani’s net worth is primarily tied to his holdings in Reliance Industries, the conglomerate he leads. As of mid-2024, his net worth is estimated to be around $102.1 billion.
Here’s a breakdown of the key factors contributing to his wealth:
Reliance Industries Stock Holdings
Mukesh Ambani’s primary source of wealth comes from his ownership stake in Reliance Industries, which operates in petrochemicals, oil and gas, telecom, and retail. Ambani owns about 45% of the company.
Reliance Jio
Reliance Jio is a major telecom operator in India, which has grown rapidly and added significant value to Ambani’s net worth.
Real Estate
Ambani owns one of the most expensive private residences in the world, Antilia, a 27-story skyscraper in Mumbai. He also owns other properties in India and abroad.
Other Investments
Ambani has various other investments, including stakes in media companies and startups.
Cash and Other Assets
Ambani has accumulated substantial cash and other liquid assets from dividends and share sales over the years. These funds are used for investments, personal expenditures, and philanthropic activities.
Philanthropy
Mukesh Ambani has committed significant funds to philanthropy through the Reliance Foundation, which focuses on education, healthcare, and rural development in India.
Estimation Net Worth of Mukesh Ambani
As of mid-2024, Mukesh Ambani’s net worth is estimated to be around $102.1 billion. This estimate can fluctuate based on the performance of Reliance Industries and other investments. His wealth places him among the richest individuals in the world.
You can find the Real-Time Billionaires List here.