Anil Dhirubhai Ambani, also known as Reliance ADA Group, is the chairman and managing director of the Reliance Group in India. He was born on June 4, 1959. After Reliance Industries Limited was demerged, The Reliance Group was established in July 2006. Reliance Capital, Reliance Infrastructure, Reliance Power, and Reliance Communications are just a few of the publicly traded companies he oversaw. The reality of Ambani's allegation that he is bankrupt and has no net worth before a UK court in February 2020, when he was formerly the sixth richest person in the world, is up for debate. Between 2004 and 2006, he served as an Independent MP from Uttar Pradesh in the Rajya Sabha, the country's upper house of parliament.
The founder of Reliance Industries, Dhirubhai Ambani, and his wife Kokilaben have a younger son named Anil Ambani. Ambani claims that his father would take the boys on "incentive-oriented outings" where they would receive a box of mangoes as compensation for hiking 10 kilometres (6 miles), but they would also receive punishment for misbehaving in front of visitors. He graduated with a Bachelor of Science from Kishinchand Chellaram College and a Master of Business Administration from the University of Pennsylvania's Wharton School in 1983.
Career
Dhirubhai Ambani, Ambani's father, passed away in 2002 without leaving a specific succession plan. Anil and his brother Mukesh quarrelled, so their mother Kokilaben intervened and divided the family-owned companies between the two of them.
Reliance Group assets including holdings in telecom, entertainment, finance, electricity, and infrastructure were given to Anil Ambani. Ambani is also recognised with leading India's largest initial public offering (IPO), that of Reliance Power, which in 2008 attracted the quickest subscription period in the country's capital markets' history.
Ambani made his entry into the entertainment business in 2005 when he bought the majority of Adlabs Films, a business with interests in film production, exhibition, and digital cinema. In 2009, the business adopted the name Reliance MediaWorks. In 2008, Ambani's entertainment firm was given a global platform through a joint venture worth US$1.2 billion with Steven Spielberg's production company DreamWorks. He helped in the creation of numerous Steven Spielberg films, including Lincoln, which won an Academy Award. Since the creation of the Reliance ADA Group, Ambani has been known as one of the quickest destroyers of shareholder value in the previous 100 years, with the combined group market cap falling by 90%.
Private Life
Ambani is a member of a Gujarati family that originates from the Chorwad hamlet, which is close to Junagarh in the Kathiawar district of Gujarat. He is the son of the renowned textile magnate Dhirubhai Ambani and Smt. Kokilaben Ambani, a devout homemaker who established the Kokilaben Dhirubhai Ambani Hospital in a suburb of Mumbai. One of four kids, Anil is. He has two sisters, Smt. Nina Kothari (wife of the late Bhadra Shyam Kothari) and Smt. Deepti Salgaocar (wife of Dattaraj Salgoncar), as well as an elder brother named Mukesh Ambani.
Tina Munim, an actress, gets wed to businessman Anil Ambani. She was from the fashion and glamour world, and his family had resisted him marrying her because of her unusual lifestyle choices before to their union. The couple has two kids, Jai Anmol and Jai Anshul Ambani, and they enjoy a solid marriage. Jai Anmol, the eldest son of Ambani, wed Krisha Shah, the widow of the late Nikunj Shah, a businessman from Mumbai, on February 20, 2022.