Mukesh Ambani Other Source of Income

While Reliance Industries is the primary source of Mukesh Ambani’s wealth, he has other holdings that contribute to his overall net worth.

Source of Income

Details

Jio Financial Services Significant ownership stake (around 45%) in a newly launched financial services company.
Mumbai Indians Cricket Team Owns the IPL franchise, which appreciates value and generates revenue through sponsorships.
Real Estate Owns valuable real estate, including Antilia, but not a direct income source.
  • Jio Financial Services: Ambani holds a significant stake (around 45%) in Jio Financial Services, the financial services arm of Reliance launched in 2023.
  • Mumbai Indians Cricket Team: Ambani owns the Mumbai Indians, a highly successful franchise in the Indian Premier League (IPL) cricket tournament. While not a direct source of income, the team’s value appreciates and can generate revenue through sponsorships and appearances.
  • Real Estate: Ambani owns Antilia, a luxurious private residence in Mumbai, valued at over $1 billion. This isn’t an income source, but it reflects his overall wealth.

Mukesh Ambani Net Worth 2024| Forbes Richest List

Mukesh Ambani Net Worth: According to the latest figures, Mukesh Ambani, with a staggering net worth of $117.8 billion, is consistently ranked among the richest individuals in the world. He boasts a significant social media presence as well. Reliance Industries, the big company he runs, has a strong online presence and a loyal customer base.

From telecom giant Jio to retail behemoth Reliance Retail, Mukesh Ambani’s businesses cover many different areas. His business activities go beyond his main companies, with smart investments and buying other companies often adding to his big collection. Ambani’s wealth mainly comes from the long-term success of his different businesses.

Here in this article, we will take a closer look at Mukesh Ambani’s net worth.

Table of Content

  • Mukesh Ambani’s Net Worth Breakdown
  • Mukesh Ambani Earning from Reliance Industries
  • Mukesh Ambani Other Source of Income
  • Mukesh Ambani’s Early Life
  • Why is Mukesh Ambani One of the Richest people in the world?
  • List of 10 most expensive things owned by Mukesh Ambani and his Family
  • Conclusion
  • FAQs on Mukesh Ambani’s Net Worth

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Mukesh Ambani’s Net Worth Breakdown

Category Mukesh Ambani Estimated Net Worth (as of 2024) $117.8 billion Primary Source of Wealth Reliance Industries Holdings and Ventures Key Business Segments Telecommunications (e.g., Reliance Jio), Retail (e.g., Reliance Retail) Additional Assets Real Estate Investments, Mumbai Indians Cricket Franchise Ownership...

Mukesh Ambani Earning from Reliance Industries

It is important to understand that Mukesh Ambani’s earnings from Reliance Industries are not directly tied to a salary like a typical employee. Here’s a breakdown of how his earnings are connected to Reliance:...

Mukesh Ambani Other Source of Income

While Reliance Industries is the primary source of Mukesh Ambani’s wealth, he has other holdings that contribute to his overall net worth....

Mukesh Ambani’s Early Life

Aspect Detail Date of Birth April 19, 1957 Place of Birth Aden, Yemen (now Aden, Yemen) Parents Father: Dhirubhai Ambani (Founder of Reliance Industries) Mother: Kokilaben Ambani Family Background Grew up in a modest two-bedroom apartment in Bhuleshwar, Mumbai. He belongs to a Gujarati Hindu family. He has a younger brother (Anil Ambani) and two sisters (Nina Kothari & Dipti Salgaoncar). Education He did his schooling at Hill Grange High School, Mumbai He did his Undergraduate studies at St. Xavier’s College, Mumbai He earned his Bachelor’s degree in Chemical Engineering from Chemical Technology (ICT) in Mumbai. He did his MBA from Standford Industries. Early Influences Seeing his father’s business spirit and how much his parents valued working hard, Mukesh Ambani learned to work hard too. Early Life Struggles Lived in a simple apartment despite his father’s growing business did not receive an allowance and used public transportation aspect...

Why is Mukesh Ambani One of the Richest people in the world?

Mukesh Ambani is rich because:...

List of 10 most expensive things owned by Mukesh Ambani and his Family

Rank Expensive Item Estimated Value (In Crore Rupees ) Owned By 1 Antilia Residence 15,000 Mukesh Ambani 2 Nita Ambani Weeding Saree 90 Nita Ambani 3 Anant Ambani Dubai Villa 640 Anant Ambani 4 Rolls-Royce Cullinan (Car) 13 Mukesh Ambani 5 Dassault Falcon 2000 183+ Mukesh Ambani 6 Isha Ambani Diamond Necklace 165 Isha Ambani 7 Customised Lipstick Collection 40 Nita Ambani 8 Luxury Tea Set 1.5 Nita Ambani 9 Range Rover Vogue 1.8-4 Akash and Anant Ambani 10 Maybach 62 2.50 Mukesh Ambani...

Conclusion

Mukesh Ambani’s net worth of $117.8 billion underscores his position among the world’s most richest individuals. His success, primarily driven by his leadership at Reliance Industries and strategic investments, reflects both personal achievements and broader economic trends....

Mukesh Ambani’s Net Worth- FAQs

What is Mukesh Ambani’s net worth as of 2024?...