Anil Ambani Net Worth & Properties 2020 - When The Truths Unveiled
Salena Harshini |Feb 12, 2020, 7:35
Once among the richest, Anil Ambani net worth is searched frequently these days after his bankruptcy announcement. Read here all the truths around this topic to see ups and downs of Anil Ambani business!
Anil Ambani is Reliance Group’s founder and chairman, one of the most influential Indians over the world. However, recently, the world has got in a shock when the news of him going bankrupt came around. Anil Ambani net worth today is now among the most curiosity-provoking keywords on the Internet.
In spite of pleading Ambani poverty, a London court recently ordered him to put $100 million to one side amidst his discourse with 3 Chinese banks.
A report of Bloomberg cited banks' court filing by chasing down $700 million of defaulted loans. Once the world's sixth wealthiest man, the Ambani’s younger heir has said that now his investments have no worth.
1. Anil Ambani net worth 2020
The net worth of Anil Ambani witnesses a drastic change. In the first quarter of 2019, the whole net worth of him was $1.7 billion but then decreased to $109 million in July 2019, due to the bankruptcy of his Reliance Communications.
His personal assets have dwindled and Mr. Anil has to witness his richness crumble in the last 5 years because of the escalating debt burden.
Anil Ambani net worth in rupees
According to Forbes, Anil Ambani used to be among the top six richest people across the globe in 2008 with a wealth of $42 billion. He fell out of the billionaire clique last year, ending up with only $100 million left.
Based on the currency exchange rate, Anil Ambani net worth in Indian rupees is around Rs 700 crores, as of Feb 2020.
So what makes him be named in the list of top richest in the past? Check out Anil Ambani’s source of net worth below.
Sources of Anil Ambani net worth
Mr. Ambani and the Reliance Group that he owns hold an essential part in the evolving economic transformations of India. With the once-mammoth empire, he is a powerful businessman that has a huge effect on various business aspects.
These are Anil Ambani companies list:
- Reliance Capital
- Reliance Infrastructure Limited
- Reliance Communications Limited
- Reliance Power
- Reliance Entertainment
- Kokilaben Dhirubhai Ambani Hospital
Reliance Group is one of the top business houses in India and stands among the world’s biggest Investor/Shareholder base with approximately 8 million investors and shareholders.
In entertainment, his main business interests consist of 44 FM radio stations, animation studios, nationwide DTH business along with numerous multiplex cinemas across India.
Anil Ambani used to be in charge of more than 60% in Reliance Communications, the telecom company that is currently experiencing bankruptcy process under the Insolvency and Bankruptcy Code. The company is buried with a debt amount of approximately Rs 58,000 crores.
2. Ups and Downs of Anil Ambani business
Anil Ambani and Mukesh Ambani - the billionaire brothers
Anil Ambani has a brother named Mukesh Ambani. Both of the brothers started off with approximately the same wealth from the family business’s division in 2005. In that period, Anil Ambani held the responsibility for Reliance Capital – the financial services business, and Reliance Communications. Meanwhile, the older heir Mukesh took up gas and flagship oil business.
Two years later, in 2007, the gap of wealth between them was really less.
Gap of Anil Ambani vs Mukesh Ambani net worth widened
As per the list of Forbes Rich in 2007, Anil Ambani had a net worth was $45 billion and Mukesh Ambani owned the assets that worth $49 billion.
In 2006, Anil Ambani, in fact, had surpassed Mukesh Ambani in terms of net worth when Anil took the third spot among the richest people in India, ranking only after Lakshmi Mittal, steel tycoon, and business tycoon Azim Premji.
In detail, his wealth at that time was about Rs 550 crores more comparing to that of Mukesh Ambani.
Another two years passed by and in 2008, Anil was recognized as the sixth person in the richest of the world. Meanwhile, his brother ranked fifth place with his net worth rising to $43 billion.
After 12 years, the brothers’ wealth status has moved in totally opposite directions. Mukesh Ambani is now Asia's richest man with a net worth of $55.6 billion, while his younger brother is announcing bankruptcy.
3. Anil Ambani house and cars
Apart from companies and work assets, some may wonder about the personal properties that Anil Ambani owns.
Anil Ambani house price and address
Talking about Anil Ambani's house - one of the most expensive homes in India, he lives in a lavish building that he purchased in 2010, located in Mumbai.
Ambani house price is estimated at Rs 670 crores, nearly the same amount of his net worth now. Some other sources even state that his house costs up to Rs. 5000 crores to construct and complete. It's reasonable when you look at his house below!
Anil's family is living at 17-storey Sea Wind Building at Cuffe Parade, Pali Hill Mumbai. He also possesses sundry real-estate assets across India.
Anil Ambani cars and yacht
On another hand, Anil Ambani cars are also a concerned thing. He has a gigantic compilation of luxury cars from the whole world, including famous brands such as Range Rover, BMW, Audi, Rolls Royce, Lamborghini, Mercedes Benz, and Jaguar.
For the unversed, he used to gift his wife Tina a luxury yacht that estimating cost a whopping amount of Rs 400 crores, equal to nearly $84 million.
4. About Anil Ambani biography
If anyone is curious about his private life and facts, here is a quick sum-up of Anil Ambani biography.
Anil Ambani date of birth is June 4, 1959. Mr. Anil’s full name is Anil Dhirubhai Ambani.
Anil is the second son of Indian business tycoon Dhirubhai Ambani who founded Reliance Industries.
Anil Ambani graduated in Bachelor of Science from K. C. College, then attended Mumbai University and finally studied MBA at the Wharton University of Pennsylvania.
He used to be named several times in the riches list rank of India. Have a look at Ani; Ambani’s ranking in the wealthiest Indians assessing for the last few years.
- #11 India Rich List Rank 2013
- #13 India Rich List Rank 2014
- #29 India Rich List Rank 2015
- #32 India Rich List Rank 2016
- #45 India Rich List Rank 2017
- #68 India Rich List Rank 2018
The former billionaire got married to Tina Munim who used to be an actress. They have two sons whose names are Jai Anmol and Jai Anshul.
Interesting facts about Anil Ambani
He is a long-distance marathon runner. He took up running about 15 years ago.
Anil Ambani has managed to partake in more than 50 full and half marathons. He is also deeply spiritual and a wildlife and nature conservationist.
It is a rare fact to know that Anil Ambani got elected back in 2004 for a 6-year term as the Rajya Sabha’s independent member. Rajya Sabha is India’s Parliament’s Upper House.
Anil Ambani is a humble person and he pays big respects to other people’s achievements. There was one time when Dhanraj Pillai asked him for an autograph to which he replied that he only agreed to do that if Pillai also signed for him.
In a nutshell, although it seems to be not a good year at all for Anil Ambani net worth, we wish him more prosperous days ahead with all the bad luck washed away.
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