What is Anant Ambani’s net worth?
Anant Ambani is the son of Asia’s richest man. His grand wedding garnered worldwide attention in 2024. What is his net worth?
Anant Ambani is the son of Indian tycoon Mukesh Ambani, an Indian businessman and magnate who is the wealthiest man in Asia.
While Anant Ambani’s net worth may not be as extensive as his father’s, his wedding to Radhika Merchant in 2024 came to be known as India’s “wedding of the year” due to its opulence and star presence.
The pre-wedding festivities gained global attention, with Meta CEO Mark Zuckerberg and Microsoft founder Bill Gates rubbing shoulders while Rihanna performed her biggest hits. A local airport in the state of Gujarat was granted temporary international status to accommodate the guests. On top of that, the events included a $900 million cruise sailing between Palermo and Portofino in Italy.
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The couple tied the knot in July 2024, and the wedding’s star-studded guest list included some of the richest people in the world, such as Kim Kardashian, David Beckham, as well as former British prime ministers Tony Blair and Boris Johnson.
The events gave the world a sneak peek into the magnificent lifestyle of the Ambani family. We look at how Anant Ambani built his fortune, his father’s investments and the factors contributing to their net worths.
How rich is Anant Ambani?
Anant Ambani’s net worth is roughly £29 billion (INR 3.59 lakh crore), according to a report by 360 ONE Wealth and Crisil.
He is the youngest son of the Reliance Industries chairman, Mukesh Ambani and businesswoman Nita Ambani.
Most of Anant’s fortune comes from inheriting Mukesh’s dizzying wealth and his booming Indian empire. It makes Anant, 30, one of the most prominent businessmen of his generation and one of the wealthiest young people in the world.
According to Reliance’s Q3 FY2026 results, the company has made $32.7 billion in gross revenue and $3.8 billion in capital expenditure, which is just a teaser to the family fortune.
Anant Ambani went to college in the US and earned his degree from Brown University, majoring in business management.
Since 2020, he has been making a fortune with his roles in the Reliance empire, spearheading its green energy operations and other corporate roles like human resource management and capital projects execution.
He is also the director of the multinational tech company Jio Platforms Limited. According to Reuters, the company is believed to be considering an initial public offering (IPO) in 2026, which would float 2.5% of the company and could make it India’s largest-ever IPO worth more than $4 billion.
Other factors contributing to Anant Ambani’s net worth include owning the Indian Premier League team Mumbai Indians, one of the most successful cricket teams in the league. Reliance purchased the team in 2008 for a staggering $111.9 million, making it the most expensive team to be sold.
More recently, the BBC reported that luxury watchmaker Jacob & C designed a new watch based on Anant Ambani’s private zoo, Vantara, which is home to over 2,000 species and is spread over 3,500 acres. Vantara was one of the many venues for his lavish wedding to Radhika Merchant.
Radhika is a businesswoman and the daughter of tycoon Viren Merchant, CEO of private pharmaceutical company Encore Healthcare, and Shaila Merchant. Radhika is a board member of the company.
Her family’s estimated net worth is $90 million, according to the Times of India. The most recent filing showed that the company generated a revenue of around £10 million (INR 128 crore) for FY24/25.
What is Mukesh Ambani’s net worth?
Mukesh Ambani is an Indian billionaire and the face of Reliance Industries, which he is the chairman and managing director of. His net worth stands at $104 billion, according to Forbes.
His father, Dhirubhai Ambani, founded the company in 1958, when it was originally set up as a small venture firm trading commodities like spices and polyester yarn.
Now, the conglomerate’s operations include energy, clothing and retail, and telecommunications, making it India’s largest public company by market capitalisation. The company’s website claims it owns the largest oil refining complex in the world.
Reliance’s telecom and broadband service Jio has more than 500 million subscribers, making it India’s largest mobile network operator and the third largest in the world.
The majority of Mukesh Ambani’s wealth comes from his stake in Reliance Industries. He is already the wealthiest man in India by a large margin, but his extensive fortune also makes him Asia’s richest person.
Ambani owns an $80 million beach villa in Dubai’s Palm Jumeirah Island, and snapped up a majority stake worth $98 million in Mandarin Oriental New York, one of the biggest luxury hotels in the world.
Mukesh Ambani also owns more than 150 luxury cars and three private jets, of which the most expensive is a Boeing Business Jet 2, worth $73 million. He owns an Airbus A319, which was a gift to his wife, and a Falcon 900EX Jet, according to GQ India.
Inside the Ambani family’s expansive fortune
Each member of the Ambani family holds a stake in Reliance.
Mukesh and Nita Ambani, along with Anant Ambani and his two older siblings, Akash and Isha Ambani, both 34, own 0.12% each. Kokilaben Ambani, the mother of Mukesh and his siblings, owns the highest stake of 0.24%, equivalent to 31.48 million shares.
The family’s wealth does not end there. The Ambanis live at Antilia, the second most expensive private residence in the world after Buckingham Palace. It is a 27-storey tower that cost around £1.6 billion to build, which has famously been called the world’s first billion-dollar home. The property is 400,000-square-foot with three helipads, and has some unique features, like a 168-car garage, an ice-cream parlour and a snow room, according to Architectural Digest India.
The Ambanis also own teams in other cricket leagues around the world, including MI Cape Town, MI Emirates, and MI New York.
The Ambani family’s wedding celebrations are known to create a lot of press, as they have brought together some of the world’s biggest pop icons and global personalities.
In 2018, Isha Ambani married billionaire Ajay Piramal’s son Anand. Beyoncé performed at their pre-wedding bash in Udaipur, India. Chris Martin of Coldplay and The Chainsmokers performed at Akash Ambani and Shloka Mehta’s pre-wedding party in Switzerland in 2019.
The family’s wealth and influence extend far beyond mere financial success. Mukesh Ambani’s wife, Nita Ambani, is more focused on the non-profit side of the business. She launched the Nita Mukesh Ambani Cultural Centre in Mumbai in 2023, and is the chairperson and founder of Reliance Foundation, one of India’s largest non-profits.
What UK business do the Ambanis own?
The family business includes various big-name ventures that you may be familiar with. In 2019, Reliance bought London toy retailer Hamleys for nearly £70 million, according to the Guardian. Hamleys is the world’s oldest toy shop, and with more than 160 stores in 18 countries, a majority of which are in India.
In 2021, the Ambanis bought the historic British private sporting estate, Stoke Park, for £57 million. Today, the property spans 49 rooms with 13 tennis courts and a 27-hole golf course. It was also the backdrop for two Bond films, Goldfinger and Tomorrow Never Dies, and the Netflix series The Crown.
Meanwhile, Reliance’s retail subsidiary is now an exclusive partner with fashion e-tailer ASOS, successfully bringing the e-tailer to India.
Reliance also attempted to acquire one of Britain’s largest pharmacy retailers, Boots, submitting a bid of around $7.2 billion. However, it was unsuccessful as Walgreens, which owns a majority stake in Boots, withdrew its sale offer, stating that none of the bids received adequately reflected the high potential value of the company.
In February 2025, Mukesh Ambani reintroduced Shein to Indian markets through his retail platform Ajio, after the fast fashion brand’s four-and-a-half-year absence in the country.
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Oojal has a background in consumer journalism and is interested in helping people make the most of their money.
Oojal has an MA in international journalism from Cardiff University, and before joining MoneyWeek, she worked for Look After My Bills, a personal finance website, where she covered guides on household bills and money-saving deals.
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