Mukesh Ambani Net Worth Income Profile House Assets and Salary. Mukesh Ambani is India’s richest person for the last decade, a man nurtured in a two-bed apartment in Mumbai became the richest in India and 33rd Richest of the World after 30 years of absolute determination and will to go bigger. Mukesh Dhirubhai Ambani is presently the CEO of Reliance Industries Limited (RIL) that is also the largest gas and petroleum company in India. The Reliance Group owns multiple companies under the name, Mukesh Ambani is the largest shareholder in the club. The primary areas of interests of RIL are petrochemical industry including gas and petroleum, Reliance Retail Ltd. and Reliance Jio as its principal subsidiaries.
According to Forbes Magazine, the gross income and revenues of Reliance Industries reached around $45 Billion in March 2017. Reliance Petrochemicals are the largest oil and gas refinery corporation in the world. Mukesh Ambani holds around 44.7% shares in the RIL, his annual salary remained Rs. 150 Million for the last 5 years as he refuses to get it increased in the coming years.
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Mumbai Indians: Mukesh Ambani also owns Indian Premier League franchise Mumbai Indians that is also the most expensive team in the IPL. Mumbai Indians franchise is part of RIL and is co-owned and managed by Ambani’s wife, Nita Ambani. Mukesh Ambani appears in several games in IPL to cheer for his team in IPL seasons. Mukesh Ambani is also the richest Sports Franchise Owner in the World according to the 2015 list of richest sports teams owners list by Forbes.
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Richest Person in India: Mukesh Ambani is the richest businessman and individual in India, his company Reliance Ltd is the fastest growing corporate in India and of course, the richest and most valued one. Once a chemical engineer, Mukesh Ambani had to opt out of MBA Studies to help his father Dhirubhai establish Reliance Empire. The latest successful business venture for Mukesh Ambani and Reliance Industries was the launch of its own 4G Smartphone Brand LYF and 4G Broadband services for free along with it in collaboration with the Airtel. Currently, Jio and Reliance have around 100 Million subscribers and users within a year.
LYF smartphones are prepared by ZTE Corporation, a Chinese-based Mobile Manufacturing Company. LYF Smartphones became the 3rd largest Mobile brand within 9 months and 4th largest in manufacturing capability in 2016 with around 2 Million smartphones prepared in its first quarter in 2016.
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Mukesh Ambani House (Antilia Building): Mukesh Ambani owns World’s most expensive house named Antilia. It is located in South Mumbai, a dream location in Mumbai. The Antilia construction started in 2005 and faced many hurdles until its completion in 2010. The 27-floor private residence for World’s Richest person cost around $1 Billion (INR 6700 crores), it is worth more than the Buckingham Palace. The area on which Antilia is built covers 400,000 square feet. The 27-floor building was designed by Perkins & Will, two architects under the Australian company Leighton Holdings. The house is a masterpiece as it took 5 years and thousands of Indian crores to construct a 600-room mansion. There is 600 working staff present in the building, its own car park, lifts, elevators, helipads, and is 8 magnitude earthquake-resistant making it the most expensive and safest lifestyle residence in a country with millions of poor.
Net Worth of Mukesh Ambani
The net worth of Mukesh Ambani as of 2017 is $29.3 Billion.
|Full Name||Mukesh Dhirubhai Ambani||Father: |
|Profession||Businessman||CEO Reliance Industries Limited|
|Salary as CEO |
Rs. 150 Million
Rs. 150 Million
|Reliance Industries Net Worth||2016:|
|House Worth||$1 Billion||INR 6,550 crores|
|Annual Profits||$4.5 Billion||INR 300 Billion|
|Also Owns||Mumbai Indians in IPL||LYF & Jio|
Mukesh Ambani Net Worth in the year 2000 was $2 Million, yet it increased thousand times in the next 17 years. The total worth of Reliance Industries and its sister Corporations make up to $49 Billion as of 2017 since its inception in 1966. The total Assets including land, revenue, investments, and machinery of Reliance Industries sum up to $100 Billion in total as of 2017. RIL is making INR 300 Billion from its profits annually.
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Principal subsidiaries of the Reliance Industries Limited are Reliance Retail that is also the largest retail company in India, the company has around 1500 stores/godowns in India. The sister corporations of Reliance Retail are Reliance Footprint, Reliance Fresh, Reliance Market, Reliance Mart, Reliance Autozone, and Reliance iStore worth $3 Billion in 2017. Reliance Logistics operates transportation and distribution to every nook and corner of India. It is also partnered wth Reliance Life Sciences and RILS. Network 18 and LYF are the digital brands of RIL, Network 18 works as a media company with the major distribution company named Viacom 18 and History TV18 partnered with Forbes and Colors TV operating as an Entertainment Cable TV Channel on Mainstream media.