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Anil Ambani is an Indian businessman and chairman of the Anil Dhirubhai Ambani Group, otherwise called the Reliance Group. He is the second child of the Indian business mogul Dhirubhai Ambani and the younger brother of Mukesh Ambani, head of Reliance Industries.
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Who is Anil Ambani?Īnil Ambani was born on June 4, 1959, in Mumbai, India. However, as the current situation has been portraying, the exact opposite seemed to have happened with his younger son, Anil Ambani. Coming from humble beginnings, Dhirubhai started off as a gas station attendant in Yemen and became the ideal example of the Rags to Riches story. The billion dollar business empire of the Ambani family, began with Dhirubhai Ambani, the father of Mukesh Ambani and Anil Ambani. A portion of the influential organizations that constituted the Reliance ADA Group included Reliance Communications, Reliance Capital, Reliance Power, Reliance Infrastructure, Reliance Naval, Reliance Home Finance. In 2008, Anil Ambani, according to Forbes, became the 6th richest person in the world with a wealth of $42 billion after inheriting his wealth and being appointed as the chairman of the Reliance Anil Dhirubhai Ambani Group (Reliance ADAG). Surrounded by billions of debt, there came such a bad time for this once-billionaire that in 2019, his entire business's equity value crashed to $523 million. Once among the world's richest men, Anil Ambani is in the midst of a crumbling situation today.