Anant Ambani, the youngest son of billionaire Mukesh Ambani, has played an integral role in the tycoon’s family business, Reliance Industries, for over four years now. In 2024, Anant Ambani’s net worth is estimated at $40 billion.
The youngest Ambani married his childhood sweetheart in July of 2024. The absurdly extravagant wedding resulted in the merging of two of India’s wealthiest and most prominent families, with his now-wife Radhika Merchant‘s family, who runs a pharmaceutical giant.
Very few missed the media debacle surrounding the biggest Asian wedding of the year, especially since the celebration included several pre-wedding celebrations over the course of nearly two years and countless celebrities from Rihanna to Katy Perry and more.
In this post, we will tell you all about Anant Ambani’s career, his wealth, as well as his incredible wedding.
Anant Ambani’s Net Worth Breakdown:
The bulk of Anant Ambani’s net worth comes from his stake in the family business Reliance Industries, as well as his earnings as one of the leaders of the company’s subsidiaries.
Based on our findings, we uncovered the main sources of Ambani’s net worth as well as his various investments and other assets like properties, watches, and cars. You can see a detailed breakdown of his net worth below:
| Asset or Income Source | Contribution to Net Worth |
| Reliance board membership salary | None |
| Stake in Reliance Industries | 0.12% |
| Salaries as director of other boards | Unknown |
| Luxury vehicles | $500,000+ |
| Watch collection | $21+ million |
| Real estate portfolio | $76+ million |
| Total Net Worth | $40 billion |
Anant Ambani Net Worth: Early Life and Education
Anant Ambani was born on April 10, 1995, in Mumbai, India, into the renowned Ambani family. He is the youngest son of Mukesh Ambani, Asia’s richest man, and Nita Ambani, who manages Reliance Foundation today. Anant has two siblings – his elder brother, Akash Ambani, and his elder sister, Isha Ambani.
Since he was two years old, Anant Ambani has been battling chronic asthma. His condition has influenced his wealth and overall health for years, and in 2016, he underwent an impressive weight-loss transformation when he shed 108 kilograms in 18 months.
As for his education, Anant Ambani graduated from the Dhirubhai Ambani International School in Mumbai, and later followed in his elder brother’s footsteps, enrolling at Brown University.
Anant Ambani’s Wife and Wedding
Anant Ambani and Radhika Merchant, his childhood sweetheart, got engaged in January 2023. The guest list for the wedding included some of the richest and most famous people in the world, including former prime leaders Tony Blair and Boris Johnson, as well as celebrities like Kim Kardashian and David Beckham.
The wedding of Anant Ambani and Radhika Merchant has captured worldwide attention, particularly due to the numerous pre-wedding events that lasted seven months and featured various celebrity performances. The festivities leading up to the extravagant wedding included guests such as Mark Zuckerberg and Bill Gates, with Rihanna performing for them and more than a thousand other attendees!
In February 2024, Anant Ambani and Radhika Merchant had their first part of the pre-wedding celebrations in Jamnagar. These are usually small celebrations, but considering the status of both sides, the Ambani-Merchant wedding was one of the biggest to date.
The event lasted for three days and included a cocktail party, a visit to the Reliance animal rescue center, a grand reception, and an event at the Jamnagar Township Temple complex. The Ambani family actually spent millions to renovate 14 temples specifically for the pre-wedding venue.
The pre-wedding celebrations didn’t stop there. In May 2024, billionaire Mukesh Ambani treated guests to a cruise where Katy Perry sang “Fireworks.” He also arranged a pre-wedding concert featuring performances by Justin Bieber and Bollywood stars Alia Bhatt, Ranveer Singh, and Salman Khan, among others.
The actual wedding took place at the family-owned Jio World Convention Centre in Mumbai, the Ambani family home, and several other locations. It included a traditional Hindu wedding ceremony and was celebrated for four days.
Anant Ambani Net Worth: How Mukesh’s Son Reached a Net Worth of $40 Billion
While Anant Ambani’s fortune is significantly smaller than that of Mukesh Ambani (you can see the billionaire’s staggering wealth here), he is one of the wealthiest people in India. The youngest Ambani is a businessman, an animal welfare advocate, and a philanthropist. He is now the director of the boards of several companies and he holds major roles in the family business. Let’s see how he made his wealth skyrocket to $40 billion.
Joining the Family Business
After he graduated from Brown University, Anant Ambani joined Reliance Industries in 2015. Since that day, he has held different managerial positions, as well as directorial positions on the boards of subsidiaries of Reliance Industries Limited, including:
- Director of the Jio Platforms Limited’s board since March 2020
- Director of the board of Reliance New Solar Energy Limited since June 2021
- Director of the board of Reliance Retail Ventures Limited since 2022
Since September 2022, Ambani’s son Anant has also started serving on the board of the Reliance Foundation, created and managed by his mother. In August 2023, he was inducted into Reliance’s main board of directors, sharing:
“For me, to serve the Reliance family is the most important mission of my life. India should lead the change and Reliance should be at the forefront of that change. Reliance meri jaan hai.”
Anant Ambani’s Role in Reliance
As the director on the boards of Reliance New Energy and Jio Platforms Limited, among others, Anant Ambani is one of the main leaders dedicated to driving the company’s expansion in green energy. He leads the company’s energy business and, along with his mother Nita Ambani, they manage the Indian Premier League franchise Mumbai Indians.
As one of the people driving the energy expansion within Reliance, Anant Ambani spearheads initiatives aimed at turning the business into a net-carbon-zero company by 2035. One of his main projects is the Dhirubhai Ambani Green Energy Giga Complex, constructed in Jamnagar, Gujarat. This particular complex has four factories that produce energy storage batteries, photovoltaic modules, electrolyzes, and more.
In August 2023, the three children of Mukesh and Nika Ambani were appointed to Reliance’s board of directors. The trio reportedly won’t earn anything from this role, but they will receive other perks, just like their mother who joined the board in 2014.
Anant Ambani is the director of Jio Platforms, which is valued at over $50 billion these days.
Stake in Reliance Industries
Each member of the rich Ambani family holds a stake in the business. The father, Mukesh Ambani, is Asia’s richest man and the world’s ninth richest man at this point. His family members are not as rich, but the bulk of their net worth comes from their stake in the family’s company.
Mukesh and Nita Ambani, along with the three children, own 0.12% of the business. The grandmother Kokilaben Ambani, holds the highest stake of 0.24% since her husband was the one who founded the empire back in 1958.
The company’s market capitalization of 21.61 trillion INR (roughly $258 billion) as of July 2024.
What Else Does Anant Ambani Invest In?
As a member of the wealthy Ambani family, Anant Ambani lives quite a lavish life. In addition to his leadership roles across the family’s dynasty, he is also a great environmentalist and has vast knowledge of animal welfare, so he has invested a great portion of his fortune to help animals. Let’s take a look at what else he invests in.
Vantara
Anant Ambani is very passionate about animal welfare. He has established a 3,000-acre animal rescue center in Jamnagar called Vantara. Vantara works to rehabilitate endangered and abused animals and is supported by both the Reliance Foundation and Reliance Industries.
https://www.youtube.com/watch?v=P0cROfzObKg
Other Roles
In March 2019, Anant Ambani became a member of the Badrinath-Kedarnath Temple Committee. He was appointed by the Uttarakhand Chief Minister, TS Rawat.
Luxury Watches
Anant Ambani is known for his fashion style, as well, and he has a penchant for luxury watches. His collection of watches includes some of the most expensive brands in the world, including Audemars Piguet, Rolex, Richard Mille, and Patek Philippe.
During his pre-wedding celebrations, Ambani wore a $5.3 million Rose Gold Hand Engraved Patek Philippe Sky Moon Tourbillon 6002R-001.
His collection also includes:
- Patek Philippe Nautilus Travel Time 5990/1422G ‘Ruby’ in 18k white gold worth $1.32 million
- Patek Philippe Nautilus 5990/1422G worth $1.5 million
- Patek Philippe Grand Master Chime 6300G-010 worth $9 million
- Richard Mille RMS-10 Tourbillon Koi Fish worth $1 million
- Richard Mille RM 056 Tourbillon Split Seconds Chronograph worth $1.7 million
- Richard Mille RM27-02 Tourbillon Rafael Nadal worth $1.3 million
- Audemars Piguet Royal Oak Concept GMT Tourbillon 26580IO worth $200,000
Real Estate
The Ambani family owns many real estate properties, but we don’t know which of them are owned or particularly owned by Anant, except for one.
Mukesh Ambani gifted his son Anant Ambani and his daughter-in-law a beachfront property in Jumeirah, Dubai, worth $76 million.
Cars
Anant Ambani and Radhika Merchant own a great collection of cars these days, including:
- Bentley Continental GTC, a gift from Anant’s father for the engagement (worth around $450,000)
- Range Rover Vogue is worth around $28,000
- Mercedes-Benz C63 AMG, worth around $50,000
- Mercedes-Benz S-class worth around $21,000
What Can We Learn from Anant Ambani’s Story?
Anant Ambani’s story highlights several lessons. For starters, it reveals various lessons about the value of family legacy and business. Ambani has leveraged his family’s legacy to build his career, starting early in leadership roles within Reliance. Starting early in leadership roles allowed him to gain invaluable experience and insights into different aspects of the business.
Over the years, Ambani has demonstrated a strong commitment to the family business, assuming roles and responsibilities that aligned with the company’s strategic goals. This dedication is vital in maintaining credibility and trust within the organization, as well as the broader business community.
While leveraging the family legacy, Anant also embraced innovation and new opportunities, particularly in areas like philanthropy and green energy. His dedication to philanthropy, mostly in the realm of animal welfare, highlights social responsibility and environmental consciousness.
By engaging in philanthropy, Anant Ambani contributes to a legacy of giving back and using his vast resources and influence for a positive impact.