Earth is spinning faster today, marking second-shortest day in history; here's why
Weather update: Heavy rainfall lashes parts of Delhi-NCR, IMD predicts more showers for next...
Amid Epstein-Donald Trump row, White House pulls The Wall Street Journal from Scotland press pool
Sebi lifts ban on Jane Street, allows US firm to resume trading but...
Rahul Gandhi in legal trouble, court accepts plea against Congress leader over...
Who will be the next Vice President of India after Jagdeep Dhankhar resigns?
Election Commission: This state becomes first in India to have electors less than 12,000
Viral Video: Astronaut shares stunning image of natural phenomenon over this city, it is...
DNA TV Show: SC questions ED, rejects its plea against Karnataka CM’s wife in MUDA case
Another Air India incident as Delhi-Kolkata flight aborted moments before takeoff due to...
HUGE blow to Anil Ambani as SBI classifies him, RCom, as 'fraud'; to file complaint with...
Who is Jagdeep Dhankar, second Vice President of India to resign from the post?
Vice President Jagdeep Dhankhar resigns from his post, to prioritise...
75-year-old letter found accidently leads scientists to one of Earth’s rarest minerals in...
England announce Playing XI for 4th Test against India, replace Shoaib Bashir with...
BharatGPT launched, what is it? How different is this AI chatbot from ChatGPT?
CBSE takes BIG step to ensure safety of students, directs all affiliated schools to...
Mohammed Siraj confirms whether or not Jasprit Bumrah will play Manchester Test: Here's what he said
This European town sells homes at Rs 100 but with conditions, know who are eligible
Deepinder Goyal makes BIG move as Zomato to launch...; aims to take on...
Earth to spin faster tomorrow due to...; to see second-shortest day of 2025
NEET PG 2025 City Intimation Slip out today, here's how you can download it
This is Mukesh Ambani's go-to favourite meal, costs just Rs 250, made with rice flour, it is...
BIG win for Sunil Mittal as Bharti Airtel beats Ratan Tata's TCS to become India’s...
Honour killing in Pakistan: Woman shot dead in Balochistan for having 'illicit affair'
How to know correct birth time
Who is Kate Kniveton? Former UK MP who alleges abuse by ex-husband, former MP
Bad news for Deepinder Goyal as Zomato’s parent Eternal's net profit falls to Rs...
Stranded UK F-35B fighter jet back into shape, set to take off from Kerala on....
VS Achuthanandan, former Kerala CM and left stalwart, passes away at 101
Meet man, IIT-IIM graduate, who manages finance of Mukesh Ambani's company, he is...
Watch: Inside Tesla’s futuristic diner, a tech lovers’ paradise with robots, cybertrucks
Parliament Monsoon Session: MPs take BIG action against Justice Yashwant Varma, submit...
Ajay Devgn's viral pictures with Shahid Afridi from WCL sparks controversy: What really happened?
Who was Athulya Pillai? Kerala woman found dead in Sharjah, family alleges....
Vaishno Devi Yatra disrupted as massive landslide hits Ban Ganga track; 1 dead, several injured
CoinDCX makes BIG move after Rs 368 crore hack, launches India's largest...
Parliament Monsoon Session: Five new MPs take oath in Rajya Sabha on day 1; they are...
Sovereign Standards for Young Minds: India’s Developmental Blueprint
AnchorLittle Pepe (LILPEPE) Price Forecast as Momentum Explodes Following CoinMarketCap Listing
This top actor touches his wife feet every night before going to bed: ‘Aaj main jo bhi hoon…'
Tamil Nadu CM MK Stalin hospitalised after 'mild giddiness' during morning walk
Shocking! Dog the Bounty Hunter's 13-year-old step-grandson killed by his father
BUSINESS
Once ranked as the world’s sixth-richest, this man is now facing financial challenges but continues a lavish lifestyle in Mumbai with his family.
In 2008, Anil Ambani was ranked as the sixth-richest person globally, surpassing even his older brother, Mukesh Ambani. At that time, Anil served as chairman and managing director of the Reliance Group (also known as Reliance ADA Group) and had an impressive net worth of USD 42 billion (around Rs 350 crore by today’s valuation), according to Forbes. The Reliance Group was established in 2006 after Anil and Mukesh Ambani split Reliance Industries, leading Anil to manage companies like Reliance Capital, Reliance Infrastructure, Reliance Power, and Reliance Communications. He achieved great milestones, including overseeing India’s largest IPO through Reliance Power, which was fully subscribed in less than a minute. His influence extended to the entertainment sector, where he acquired a majority stake in Adlabs Films and collaborated with Steven Spielberg’s DreamWorks in a USD 1.2 billion venture.
However, by 2020, Anil Ambani faced severe financial struggles. In February, he declared bankruptcy, claiming a net worth of zero due to significant liabilities amid ongoing legal disputes. Reliance Capital Limited (RCL), one of his key companies, reported a debt of Rs 20,379.71 crore by the end of 2020. Despite these challenges, his sons, Jai Anmol and Jai Anshul Ambani, stepped in and began managing operations, leading to some recovery. Their leadership boosted Reliance Power’s stock value, and investments from Japan’s Nippon gave Reliance Capital a renewed push.
Today, Anil Ambani’s net worth is estimated to be around USD 29.9 million (Rs 249 crore), as reported by The Times of India. Reliance Group’s market value has also recovered, standing at Rs 10,759 crore, according to DNA. Despite his business struggles, Anil continues to live a luxurious lifestyle with his family. He has been married to former Bollywood actress Tina Munim since 1991, and they reside in a 17-storey mansion, "Abode," located in Mumbai’s exclusive Pali Hill area. This 16,000-square-foot home boasts a rooftop helipad, swimming pool, terrace gardens, multiple gyms, garages, and a floor for each family member.
The Ambanis also own a Bombardier Global Express XRS private jet, worth Rs 311 crore, with a range of 6,390 nautical miles and three cabin zones. Anil’s luxury car collection includes a Rolls Royce Phantom (Rs 3.5 crore), a Lexus SUV, an Audi Q7 (Rs 88-97 lakh), and a Mercedes GLK350 (Rs 77 lakh). Today, Anil and Tina Ambani live in "Abode" with their two sons and daughter-in-law, Krisha Shah, enjoying an elegant lifestyle while navigating the evolving fortunes of their business.
The DNA app is now available for download on the Google Play Store. Please download the app and share your feedback with us.