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Mukesh AmbaniFounder And Chairman, Reliance Industries$94.5BReal Time Net Worth as of 9/19/23 #12 in the world today
- Mukesh Ambani chairs and runs $110 billion (revenue) Reliance Industries, which has interests in petrochemicals, oil and gas, telecom and retail.
- Reliance was founded by his late father Dhirubhai Ambani, a yarn trader, in 1966 as a small textile manufacturer. After his father's death in 2002, Ambani and his younger sibling Anil divvied up the family empire.
- Reliance's telecom and broadband service Jio has close to 450 million subscribers. In August 2023, Reliance listed its finance arm, Jio Financial Services.
- Ambani is pivoting Reliance into green energy. The company will be investing $80 billion over the next 10-15 years on renewable energy and building a new complex next to its refinery.
- Ambani's three children joined the board of Reliance in August 2023. Son Akash heads Jio; daughter Isha oversees retail and financial services; and younger son Anant is in the energy business
