Anil Ambani Net Worth 2023: Assets Salary Business Income
|Net Worth 2023||$0 Million|
|Monthly Income And Salary||$0 Million|
Anil Ambani Net Worth is $0 Million (Rs. 0 Crores): It is said there are no businesses man across the globe as that of Gujarati’s. The chairman and founder of Reliance group Mr. Anil Ambani is also one of them; he is regarded as one of India’s most influential people across the globe. Anil Ambani was once richer than his elder brother, but now net worth is 0; The country's richest person Mukesh Ambani now has such a net worth around $90 Billion.Mr. Anil Ambani and his Reliance Group hold a pivotal role in the ongoing economic transformations in India. With such a huge empire, Mr. Anil Ambani is among the richest Indian and the man behind the rise of such a large company. Also read Net Worth details of Mark Zuckerberg, Bill Gates Net Worth, Salman Khan and Sundar Pichai. check out net worth of Anil Ambani from below...
13 March 2006, This was the day when a big merger took place in Anil Ambani's telecom company. On this day in the board meeting, it was decided that Reliance Infocomm would merge with Reliance Communication Venture Limited. This led to Reliance Communication Venture Limited's share price rising 67%. As a result of this, Anil Ambani's net worth on this day was 45 thousand crores. Whereas, the net worth of elder brother Mukesh was 37 thousand 825 crore rupees on that day. In March 2005, Mukesh Ambani and Anil Ambani had a combined net worth of $ 7 billion. Before that, both had a combined net worth of $ 6 billion in 2004. Whereas, in 2003 only $ 2.8 billion. Meaning that Mukesh and Anil's net worth had increased by two and a half times in two years of taking over the business.
Anil Ambani Net WorthActually, this period of ups and downs was seen in the year 2007. According to Forbes magazine, Anil's net worth was then $45 billion, while the elder brother was at $49 billion in this case. Time changed and he went further backward. At present his net worth is zero. Anil Dhirubhai Ambani Group (ADAG) said during the hearing of a case filed against Reliance Communication on behalf of the Chinese debtor in a UK court, "His net worth is zero and he is almost bankrupt."
Anil Ambani StoryAnil Ambani had telecom, power and energy business, which was believed to be a guarantee of success in the new era. In these sectors, he wanted to become a big player of the country and he made many ambitious plans, but due to lack of accurate planning, he had to face huge losses instead of profits. In the year 2008, Anil Ambani was on the sixth position in the list of the world's top rich on the basis of the companies that came to him near the partition, whereas today the situation is that his companies are on the verge of being sold. Let us understand in five points that what were the major reasons for their destruction.
Reasons Why Anil Ambani Failed
Second ReasonAt that time, in the new projects in which Anil Ambani was betting to become the king of the telecom sector, the cost was more than expected and the returns were negligible. This is one of the major reasons for his downfall.
Fourth ReasonDue to cost overruns, he had to raise additional equity and borrow from creditors to complete the projects. The debt burden kept on increasing and the projects in which he invested the loan money, could not get returns from them.
Mr. Anil Ambani owns:
- Reliance Capital
- Reliance Communications Limited
- Kokilaben Dhirubhai Ambani Hospital.
- Reliance Infrastructure Limited
- Reliance Entertainment
- And Reliance Power
Mr. Anil Ambani’s Assets:
|Estimated Net Worth 2022||$0 Million|
|Estimated Net Worth 2021||$0 Million|
|Estimated Net Worth 2020||$0 Million|
|Estimated Net Worth 2019||$3 Million|
|Estimated Net Worth 2018||Rs. 109 Crores|
|Estimated Net Worth 2017||Rs. 309 Crores|
|Average Annual Income||Rs. 186 Crores|
|Personal Investments||Rs. 195 Crores|
|Luxury cars||Rs. 20 Crores|
- #32 India Rich List 2016
- #29 India Rich List Rank 2015
- #13 India Rich List Rank 2014
- #11 India Rich List Rank 2013
Update on Mr. Anil Ambani’s Net Worth:
About Mr. Anil Ambani:Following are some of the interesting facts about Mr. Anil Ambani:
Recognitions and Honours:
Anil Ambani's Balance Sheet, Income Statement
|Monthly Income||$0 Million|