Top 11

Mukesh Ambani

Chairman And Managing Director, Reliance Industries

$115.6B

Mukesh Ambani is the chairman and driving force behind Reliance Industries, a conglomerate boasting a remarkable $110 billion in revenue across diverse sectors such as petrochemicals, oil and gas, telecom, retail, and financial services.

Founded by his late father Dhirubhai Ambani in 1966 as a modest textile manufacturer, Reliance has since evolved into an industry giant under Mukesh's leadership. Notably, Reliance's telecom and broadband service Jio boasts a staggering 470 million subscribers. In August 2023, the company listed its finance arm, Jio Financial Services.

Ambani is spearheading Reliance's transition into green energy, with plans to invest $80 billion over the next decade in renewable energy initiatives and a state-of-the-art complex adjacent to its refinery. His children have also joined the board, with Akash leading Jio, Isha overseeing retail and financial services, and Anant focusing on the energy sector.

In February 2024, Reliance Industries inked a groundbreaking $8.5 billion joint venture agreement with Indian media company Viacom18 and American entertainment giant Disney, aiming to create a premier media entity in India. Nita Ambani, Mukesh's wife, is poised to become the chair of this joint venture.

The billionaire couple resides in Antilia, their opulent residence nestled along South Mumbai's Altamount Road, renowned as one of the world's most affluent addresses. Spanning 400,000 square feet and comprising 27 floors, Antilia boasts extravagant amenities including a temple, salon, private movie theater, a massive garage accommodating 168 cars, a car service station, and even a snow room to combat Mumbai's sweltering summers.