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<ul><li>After a brief period, <keyword id="3820" type="General" weightage="80" keywordseo="mukesh-ambani" source="Orion">Mukesh Ambani</keyword> is back to being the <keyword id="405464" type="General" weightage="20" keywordseo="richest-indian" source="Orion">richest Indian</keyword>.</li><li>The Reliance Industries’ honcho has seen his company’s market capitalisation surge more than 25% in the last three months.</li><li>Mukesh <keyword id="10924" type="General" weightage="100" keywordseo="ambani" source="Orion">Ambani</keyword>’s rival, Gautam Adani, on the other hand, has seen his group companies’ value decline by over 16%.</li></ul>Mukesh Ambani is the richest Indian once again, beating his rival Gautam Adani after several weeks of being in the second position. In the last few months, Gautam Adani had been India’s richest man after a massive surge in Adani Group company stocks. Now, Mukesh Ambani is back to the No.1 position. Ambani regaining the top position is driven by a rebound in the Reliance Industries stock – which is up by more than 25% since early March. <div type="image" title="Reliance Industries 08_03_22 to 03_06_22." msid="91977061" hostid="261" caption="&amp;lt;p&amp;gt;Reliance Industries share price&amp;lt;/p&amp;gt;"></div> According to the Forbes rich list, Mukesh Ambani’s wealth stood at $104.4 billion, gaining $6.2 billion in the last one day. On the other hand, Gautam Adani’s wealth stood at $100.7 billion. According to Bloomberg Billionaires Index, Ambani’s wealth stood at $99.7 billion, while Gautam Adani’s stood at $98.7 billion. Adani now stands at the 9th place – <a href="https://www.businessinsider.in/business/news/gautam-adani-is-now-as-wealthy-as-bill-gates/articleshow/91115934.cms">a little over a month ago, he was tied with Bill Gates as the fourth richest person in the world</a>. Just a few days ago, Adani crashed out of the $100 billion club. Since his peak, Adani has lost nearly $25 billion in wealth, but he still has <a href="https://www.businessinsider.in/thelife/personalities/news/gautam-adani-crashes-out-of-the-100-billion-club-but-still-is-10x-richer-than-he-was-2-years-back/articleshow/91807766.cms">10 times more wealth</a> than what he had two years ago. <cmsannotation type="cmsannotation" annotationid="Mukesh Ambani added an average of $2 billion wealth per month in 2022" comment="subhead" text="Mukesh Ambani added an average of $2 billion wealth per month in 2022">Mukesh Ambani added an average of $2 billion wealth per month in 2022</cmsannotation> According to Forbes, Mukesh Ambani is the sixth richest person in the world, adding $10 billion to his wealth in the first five months of 2022. Born in Yemen, Ambani took over the reins of Reliance Industries from his father Dhirubhai Ambani in 2002, after the latter passed away. Since then, the share price of Reliance Industries has surged from ₹42 to ₹2,800 today, with several instances of bonus shares and stock splits during the period. Both Adani and Ambani run conglomerates with interests across multiple sectors within and outside India. Ambani's interests include energy, telecom, retail and media. He is also looking to expand his interests in high-end tech innovation that can transform both his consumer-facing businesses. Adani, on the other hand, has been strengthening his FMCG brands with a legacy in power, infrastructure - and has recently added cement and media to the many interests that he holds. SEE ALSO: <a href="https://www.businessinsider.in/business/news/mukesh-ambani-sets-sights-on-defence-showcases-made-in-india-software-for-aircraft-design/articleshow/91959787.cms">Mukesh Ambani sets sights on defence – showcases Made in India software for aircraft design</a> <a href="https://www.businessinsider.in/thelife/personalities/news/gautam-adani-crashes-out-of-the-100-billion-club-but-still-is-10x-richer-than-he-was-2-years-back/articleshow/91807766.cms">Gautam Adani crashes out of the $100 billion club, but still is 10x richer than he was 2 years back</a> <a href="https://www.businessinsider.in/business/news/gautam-adani-is-now-as-wealthy-as-bill-gates/articleshow/91115934.cms">Gautam Adani is now as wealthy as Bill Gates – rally in Adani group</a>

Mukesh Ambani gets his ‘richest Indian’ crown back with a wealth of $104.4 billion

<ul><li><keyword id="3820" type="PERSON" weightage="20" keywordseo="Mukesh-Ambani">Mukesh Ambani</keyword>’s $72 billion net worth has made him the sixth richest person in the world. </li><li>He is now richer than Tesla founder <keyword id="6355315" type="UNKNOWN" weightage="20" keywordseo="elon-musk">Elon Musk</keyword> ($68.6 billion) and Google founders <keyword id="100155" type="PERSON" weightage="20" keywordseo="Larry-Page">Larry Page</keyword> and <keyword id="100154" type="PERSON" weightage="20" keywordseo="Sergey-Brin">Sergey Brin</keyword>. </li><li>Just four days ago, Ambani — who runs oil-to-telecom conglomerate Reliance Industries — had crossed stock legend Warren Buffet in the billionaires list. </li></ul>Mukesh Ambani is richer than ever. Indian tycoon Mukesh Ambani has become the sixth richest person in the world with his $72.4 billion fortun, beating Tesla founder Elon Musk ($68.6 billion) and Google founders Larry Page and Sergey Brin, <a href="https://www.bloomberg.com/news/articles/2020-07-14/ambani-s-wealth-beats-tech-giants-elon-musk-and-google-founders">reported Bloomberg.</a> Just four days ago, Ambani — who runs oil-to-telecom conglomerate Reliance Industries — <a href="https://www.businessinsider.in/business/news/mukesh-ambani-beats-warren-buffet-on-the-list-of-billionaires/articleshow/76896889.cms">became richer than stock legend Warren Buffet</a> after Reliance’s stock rallied in the market. Since then, Ambani has added $4.1 billion more to his wealth. Reliance share price has jumped by 25.8% since January — with analysts expecting a lot more gains in the near future. <div type="image" title="Mukesh Ambani net worth" msid="76955257" hostid="261"></div> The sudden surge in Ambani’s wealth since April is because his three-year-old telecom arm Reliance Jio <a href="https://www.businessinsider.in/business/news/mukesh-ambani-jio-fiber-and-reliance-invit-set-to-raise-over-1-billion-from-abu-dhabi-and-saudi-sovereign-funds-for/articleshow/76888352.cms">has raised more than $15.6 billion in the last four month</a>s from Facebook, Silver Lake, Vista Equity Partners, General Atlantic, KKR, Mubadala, Saudi PIF (Public Investment Fund) and more. Ambani is said to be in<a href="https://www.businessinsider.in/business/news/akash-ambani-was-the-one-to-choose-facebook-the-next-big-investments-for-reliance-jio-and-the-ideas-sold-to-investors/articleshow/76316650.cms"> talks with Google for a $4 billion investment in Jio.</a> He also <a href="https://www.businessinsider.in/business/news/reliance-is-net-debt-free-after-rs-1-69-lakh-cr-fund-raising-mukesh-ambani/articleshow/76456786.cms">declared that the $100 billion Reliance Industries is now net debt-free</a> a lot earlier than the target of March 2021. In the last decade, Ambani has doubled his wealth and in 2020, as India’s richest are losing money, Ambani is gaining more. According to Bloomberg, Ambani is slowly shifting his focus from energy to e-commerce. The next wave of growth and value for Ambani and Reliance’s shareholders is likely from the retail vertical. Reliance Retail is already the country’s largest chain and is now likely to get even bigger, as Asia’s richest man focuses on <a href="https://www.businessinsider.in/business/news/mukesh-ambani-next-goal-seems-to-be-the-retail-king-of-india/articleshow/76953716.cms">becoming India’s retail king</a>. SEE ALSO: <a href="https://www.businessinsider.in/business/news/mukesh-ambani-jio-fiber-and-reliance-invit-set-to-raise-over-1-billion-from-abu-dhabi-and-saudi-sovereign-funds-for/articleshow/76888352.cms">Mukesh Ambani is not done – Jio Fiber to get over $1 billion as Abu Dhabi and Saudi sovereign funds are set to invest in Reliance InvIT</a> <a href="https://www.businessinsider.in/thelife/news/9-mind-blowing-facts-that-show-just-how-wealthy-mukesh-ambani-the-richest-person-in-asia-really-is/articleshow/73671508.cms">9 mind-blowing facts that show just how wealthy Mukesh Ambani, the richest person in Asia, really is</a>

Mukesh Ambani’s $72 billion fortune makes him richer than Elon Musk and Google’s Larry Page and Sergey Brin

<keyword id="3820" type="PERSON" weightage="20" keywordseo="Mukesh-Ambani">Mukesh Ambani</keyword>, the richest man in the country, can teach a lesson or two to everyone, especially budding entrepreneurs. But since, he is busy raking in the moolah, BI India decided to pick up five lessons that he can teach all. 

	Dream big!
 The man inherited his father and India’s iconic business leader <keyword id="6418409" type="PERSON" weightage="20" keywordseo="Dhirubhai-Ambani">Dhirubhai Ambani</keyword>’s genes when it comes to dreaming big. In 90s, Ambani, then in his 30s, had dreamt of becoming the largest producer of polyester fibre and yarn in the world and he actually did it. Today, RIL is the largest producer of polyester fibre and yarn in the world, with a capacity of 2.5 million tonnes per annum, beating the traditional producers from South Korea and Taiwan, who had dominated the business since 1970s. 

	Do more, say less!
 The quote by Israelmore Ayivor is apt for Mukesh Ambani. The 57 year old likes to keep a low profile. He isn’t keen on social dos and neither is he voicing opinions on important economic issues at events such as the World Economic Forum. But still, he is one of the most talked about personalities in the country. Ambani’s focus has always been his business and this entrepreneur is credited for the creation of the world’s largest <keyword id="84980" type="ORGANIZATION" weightage="20" keywordseo="petroleum">petroleum</keyword> refinery at Jamnagar in Gujarat besides other successful ventures. Need we say more? 

	Depend on no one!
 

	A feudal style of management is not the mantra today. And Mukesh Ambani realised it even before feudalism was out of the system. Ambani in an interview had said that he did not want “people carrying their wisdom in notebooks as if it some kind of secretive operations”. While he has a trusted team of a few people, who have played a pivotal role in the growth of his empire , Ambani has always emphasized on the importance of being involved in one’s own business. Well, no wonder he managed to create an empire with net worth of Rs1,76,766 crore in 2012-13.
 

	Don’t panic, stay strong!
 

	Mukesh Ambani joined his father’s business at a very young age. While he was still learning the nuances of the business, he lost his uncle and his father’s business partner Rasikbhai in 1986. This was followed by Dhirubhai Ambani’s stroke within five months of his uncle’s death. Ambani then had to take his father’s place and steered the company forward at a time when India still had Licence Raj.
 

	Keep your eyes open
 

	Mukesh Ambani keeps his eyes wide open when it comes to hunting for new ventures. During the announcement of Reliance Jio initiative, Ambani had clearly said, “Today I see a billion people as a billion potential consumers, an opportunity to generate value for them and to make a return for myself”. With start-ups mushrooming in the country, Ambani has now turned his eye at it and will soon be seen mentoring technology start-ups that spawn billion-dollar businesses in the country.

5 Lessons Entrepreneurs Should Learn From Mukesh Ambani

<ul><li>PR technology firm Wizikey has come up with a report on the most trending couples in the past year.</li><li>India’s richest couple <keyword id="2899976" type="PERSON" weightage="20" keywordseo="Mukesh-and-Nita-Ambani">Mukesh and Nita Ambani</keyword> take the top spot and their son Akash with wife Shloka beat Bollywood celebrities to be the most in news. </li><li>Deepika and Ranveer, Alia and Ranbir, Virat and Anushka too found their names on the list.</li></ul>It’s age before beauty but in India, it is riches before charisma. In spite of the fact that many top A-listers married each other are dating, the most trending couple remain the senior <keyword id="42108" type="COMPANY" weightage="20" keywordseo="Ambanis">Ambanis</keyword> - Mukesh and Nita. PR technology firm Wizikey has come up with a report on couples that trended the most last year. It proved what we already know - that there isn’t much Ambanis can’t achieve. India’s richest couple Mukesh and Nita Ambani take the top spot. To make the report even sweeter - their son and daughter in law Akash and Shloka beat Bollywood celebrities to become another newsiest couple. Here are the most trending power couples in India from last Valentine’s day to this year’s day of love. <div type="Slideshow" msid="74137038" hostid="261" title="Mukesh Ambani and family beat Bollywood to become India's most trending power couples" firstImageMsid="74137040" slideCount="7"></div>

 
	


 See Also: <a href="https://www.businessinsider.in/slideshows/miscellaneous/9-mind-blowing-facts-that-show-just-how-wealthy-mukesh-ambani-the-richest-person-in-asia-really-is/slidelist/73671483.cms">9 Mind-Blowing Facts That Show Just How Wealthy Mukesh Ambani, The Richest Person In Asia, Really Is</a>

Mukesh Ambani and family beat Bollywood to become India's most trending power couples

Reuters/Amit Dave <keyword id="3820" type="PERSON" weightage="20" keywordseo="Mukesh-Ambani">Mukesh Ambani</keyword> gets approximately $31,202 richer every minute. <ul class="summary-list"><li>Indian businessman Mukesh Ambani is <a href="https://www.businessinsider.com/ambani-richest-family-in-asia-india-lifestyle-home-wedding-photos-2018-12">worth about $60 billion</a>, making him the richest person in India and all of Asia.</li><li>Forbes ranked <a href="https://www.forbes.com/sites/gracechung/2017/11/14/asia-richest-billionaire-families-2017-ambani-lee-kwok/#40d2fec62655">the Ambanis the richest family in Asia</a> in 2017.</li><li>Ambani, the chairman and largest shareholder of oil-to-telecom conglomerate Reliance Industries, is almost four times richer than <a href="https://www.forbes.com/profile/shiv-nadar/?list=rtb/">the second-richest person in India</a>.</li><li>Ambani and his family live in <a href="https://www.businessinsider.com/most-expensive-home-in-the-world-2014-5">a 27-story skyscraper in Mumbai</a> that cost an estimated $1 billion to build, which would make it one of the most expensive homes anywhere in the world.</li><li><a href="https://www.businessinsider.com/?hprecirc-bullet">Visit Business Insider's homepage for more stories.</a></li></ul>Mukesh Ambani has been <a href="https://www.businessinsider.com/wealthy-indians-losing-money-mukesh-ambani-getting-richer-2019-10">India's richest person for 12 years</a> in a row. He's also the richest person in all of Asia, according to both Forbes and Bloomberg. The Indian businessman, the chairman and majority shareholder of <a href="https://www.businessinsider.com/ambani-richest-family-in-asia-india-lifestyle-home-wedding-photos-2018-12">$100 billion conglomerate Reliance Industries</a>, is <a href="https://www.businessinsider.com/ambani-richest-family-in-asia-india-lifestyle-home-wedding-photos-2018-12">worth about $60 billion</a>, making him the 14th-richest person in the world. Ambani's wealth has more than doubled in the past 10 years, and he continued to grow richer in 2019 even as most of India's richest people lost money. Here are nine mind-blowing facts that show just how wealthy Asia's richest man really is.

9 mind-blowing facts that show just how wealthy Mukesh Ambani, the richest person in Asia, really is

Reliance Industries Ltd Chairman and Managing Director <keyword id="3820" type="General" weightage="80" keywordseo="mukesh-ambani" source="Orion">Mukesh Ambani</keyword> termed <keyword id="6355725" type="General" weightage="80" keywordseo="tata-group" source="Orion">Tata Group</keyword> Chairperson N Chandrasekaran as a "true inspiration" for the business community and youth of the country. Addressing a convocation of Pandit Deendayal Energy University (PDEU) in Gandhinagar on Tuesday, <keyword id="10924" type="General" weightage="100" keywordseo="ambani" source="Orion">Ambani</keyword> showered praises for the Tata Group chairperson, who was the chief guest at the event. "He (Chandrasekharan) is a true inspiration to the business opportunity and the youth of <keyword id="3658" type="General" weightage="80" keywordseo="india" source="Orion">India</keyword>. Through vision conviction and rich hands-on experience, he has scripted Tata Group's spectacular growth in recent years. He has also led its forays into the businesses of the future," the <keyword id="6484187" type="General" weightage="50" keywordseo="ril" source="Orion">RIL</keyword> chief said. "I am particularly inspired by the gigantic step the group has taken in the field of renewable energy under his leadership. The steps reflect his faith in the ability of new energy technologies to lead us to a better and brighter future," Ambani said. Ambani also said that if India has to become a renewable energy powerhouse, it is possible through the combined will and initiatives of many leading business groups working with the ethos of a national coalition. According to the university's website, Mukesh Ambani is the president and chairman of its board. Later in his address on Tuesday, Ambani said India is poised for an "unprecedented explosion in economic growth and opportunities" during Amrit Kaal - the 25-year period to 2047 when India will celebrate the centenary of its independence. By 2047, India will be a USD 40-trillion-dollar economy and ranked among the top three economies of the world. He said the three game-changing revolutions will together transform lives in ways unimagined. "From a 3 trillion-dollar economy, India will grow to become a 40 trillion-dollar economy by 2047, ranking among the top three economies of the world in your working life. In other words, a bright future beckons you. Be ready to step out confidently when opportunity knocks on your door," Ambani said. "While the Clean Energy Revolution and the Bio-Energy Revolution will produce energy sustainably, the Digital Revolution will enable us to consume energy efficiently. All three revolutions will together help India and the world save our beautiful planet from the Climate Crisis," he said. SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/india/news/mukesh-ambani-says-india-will-become-a-40-trillion-economy-by-2047/articleshow/95692457.cms">Mukesh Ambani says India will become a $40 trillion economy by 2047</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/business/auto/news/tata-tiago-nrg-icng-vs-alto-k10-cng-comparison-of-price-specification-and-features/slidelist/95707277.cms">Tata Tiago NRG iCNG vs Alto K10 CNG – Price, specifications and features compared</a>

Mukesh Ambani calls Tata Group chairman N Chandrasekharan a 'true inspiration to India's youth'

<keyword id="3820" type="PERSON" weightage="20" keywordseo="Mukesh-Ambani">Mukesh Ambani</keyword>, the richest man in the country, can teach a lesson or two to our budding entrepreneurs in the country. But since he is busy raking in the moolah, BI India does it for you. Here are some five lessons that every entrepreneur can learn from this ‘Çhairman’. 
	 
	Dream big 
	 The man inherited his father and India’s iconic business leader <keyword id="6418409" type="PERSON" weightage="20" keywordseo="Dhirubhai-Ambani">Dhirubhai Ambani</keyword>’s genes when it comes to dreaming big. In 90s, Ambani, then in his 30s, had dreamt of becoming the largest producer of polyester fibre and yarn in the world and he actually did it. Today, <keyword id="6484187" type="CITY" weightage="20" keywordseo="RIL">RIL</keyword> is the largest producer of polyester fibre and yarn in the world, with a capacity of 2.5 million tonnes per annum, beating the traditional producers from South Korea and Taiwan, who had dominated the business since the 70s. 
	 
	Do more, talk less 
	 
	The quote by Israelmore Ayivor is apt for Mukesh Ambani. The 59 year old likes to be keep a low profile in the social circle, or so it seems to be with the media at least! He isn’t keen on social dos and neither is he voicing opinions on important economic issues at events such as the World Economic Forum. But still, he is one of the most talked about personalities in the country. Ambani’s focus has always been his business and this entrepreneur is credited for the creation of the world’s largest petroleum refinery at Jamnagar in Gujarat besides other successful ventures. Need we say more? 
	 
	Depend on no one 
	 
	A feudal style of management is not the mantra today. And Mukesh Ambani realised it even before feudalism was out of the system. Ambani in an interview had said that he did not want “people carrying their wisdom in notebooks as if it some kind of secretive operations”. While he has a trusted team of a few people, who have played a pivotal role in the growth of his empire , Ambani has always emphasized on the importance of being involved in one’s own business. Well, no wonder he has managed to create an empire, which had a net worth of Rs. 176,766 crore in 2012-13. 
	 
	Don’t panic, stay strong 
	 
	Mukesh Ambani joined his father’s business at a very young age. And while he was still in the process of learning the nuances of the business, he lost his uncle and his father’s business partner Rasikbhai in 1986, followed by Dhirubhai Ambani’s stroke withinin five months of his uncle’s death. Ambani then had take his father’s place and steered the company forward at a time when India was still a land of Licence Raj. 
	 
	Being hawk-eyed 
	 
	Mukesh Ambani keeps his eyes wide open when it comes to hunting for new ventures. During the announcement of Reliance Jio initiative, Ambani had clearly said, “Today I see a billion people as a billion potential consumers, an opportunity to generate value for them and to make a return for myself”. He doesn’t mince words when he says he means business. With start-ups mushrooming in the country, Ambani has now turned his eye at it and will soon be seen mentoring technology start-ups that spawn billion-dollar businesses in the country.

5 Life lessons to learn from Mukesh Ambani

<ul><li><keyword id="6374020" type="UNKNOWN" weightage="20" keywordseo="Anant-Ambani">Anant Ambani</keyword> is the youngest son of <keyword id="3820" type="PERSON" weightage="20" keywordseo="Mukesh-Ambani">Mukesh Ambani</keyword>, the current chairman and managing director of Reliance Industries.</li><li>Anant, who has stayed away from his family business so far, has joined Jio Platforms as an additional director.</li><li>Delivering his first keynote speech, Anant Ambani said, “Reliance meri jaan hai”.</li></ul>Anant Ambani, the youngest son of Mukesh Ambani, has joined Jio Platforms as director. The wholly owned subsidiary of Reliance Industries has been in the news for the past few weeks as it received <a href="https://www.businessinsider.in/business/corporates/news/mukesh-ambani-may-not-be-done-selling-stake-in-jio-even-after-one-sixth-of-the-telco-is-already-out-of-his-hands/articleshow/75892898.cms">billions of dollars of investment</a> from Facebook, KKR, Vista and others. But who is Anant Ambani? The 25-year old is the third child of Mukesh and Nita Ambani. He’s the latest in the Ambani family to join the business, delivering a keynote speech at the birth anniversary of his late grandfather and RIL founder Dhirubhai Ambani. <div type="Article" hostid="261" msid="71514281" title="Meet the new generation of Ambanis — Isha, Akash, Anant, Anshul and Anmol" mstype="2" mssubtype="0"></div> “India should lead the change and Reliance should be at the forefront of that change. Reliance meri jaan hai (Reliance is my life),” he said during his speech. Anant Ambani <a href="https://www.businessinsider.in/business/news/more-than-half-of-transportation-and-logistics-professionals-still-use-a-pen-and-paper-to-manage-their-supply-chain-heres-how-blockchain-could-change-that/articleshow/71513443.cms">spent most of his life</a> at Jamnagar, Gujarat. He studied at the Dhirubhai Ambani International School and completed his graduation from Brown University in 2017. He lost a whopping 108 kilos in 18 months <div type="image" title="Anant Ambani" msid="76006049" hostid="261" caption="&amp;lt;p&amp;gt;Anant Ambani before and after the weight loss.&amp;lt;/p&amp;gt;"></div> Anant is known for being involved in social activities with his mother. But most prominently, he’s known for his drastic weight loss – he lost 108 kilos in less than 18 months. Anant has a history of chronic asthma, and the medication he took for this was the reason behind his massive weight gain. He shed the flab with a <a href="https://timesofindia.indiatimes.com/life-style/health-fitness/photo-stories/this-diet-had-helped-anant-ambani-shed-108-kgs/photostory/62381982.cms">combination of dietary changes</a> and a strict exercise regimen of 5-6 hours a day. Anantvilas, a luxury resort by The Oberoi Group, is named after him The Oberoi Group, known for its luxury hotels across and outside the country, <a href="https://www.business-standard.com/article/companies/oberoi-luxury-resort-to-be-named-after-mukesh-ambani-s-son-anant-119090100749_1.html">announced</a> its first urban luxury resort in September last year. Called Oberoi Anantvilas, the resort is named after Anant Ambani. The resort is located in a real estate corridor owned and operated by Reliance Industries and the Maker group. Joining the family business <div type="image" title="Anant and Akash Ambani" msid="75996531" hostid="261" caption="&amp;lt;p&amp;gt;Anant and Akash Ambani.&amp;lt;/p&amp;gt;"></div> While his elder siblings Isha and Akash had joined the family business early and delivered speeches during the launch of the Jio Phone 2, Anant stayed away so far. Now at the age of 25 years, he joins Isha and Akash as an additional director on the board of Jio Platforms. SEE ALSO: <a href="https://www.businessinsider.in/business/news/meet-the-new-generation-of-ambanis-isha-akash-anant-anshul-and-anmol/articleshow/71514281.cms">Meet the new generation of Ambanis — Isha, Akash, Anant, Anshul and Anmol</a> <a href="https://www.businessinsider.in/business/corporates/news/mukesh-ambani-may-not-be-done-selling-stake-in-jio-even-after-one-sixth-of-the-telco-is-already-out-of-his-hands/articleshow/75892898.cms">Mukesh Ambani may not be done selling stake in Jio even after one-sixth of the telco is already out of his hands</a> <a href="https://www.businessinsider.in/stock-market/markets/news/how-to-apply-for-reliance-industries-rights-issue-shares/articleshow/75862683.cms">How to apply for RIL rights issue shares</a>

Mukesh Ambani’s youngest son Anant Ambani who said “Reliance meri jaan hai” joins Jio Platforms as Director

<ul><li>As of 11.30 am, Reliance Industries’ share price stood at ₹2,289. </li><li>The spike in Reliance shares comes after Abu Dhabi’s royal family’s fund – Abu Dhabi Investment Authority – said it was investing $750 million in <keyword id="58448" type="COMPANY" weightage="20" keywordseo="Reliance-Retail">Reliance Retail</keyword>.</li><li>After raising over $20 billion for Jio Platforms, <keyword id="3820" type="PERSON" weightage="20" keywordseo="Mukesh-Ambani">Mukesh Ambani</keyword> is currently on an investment spree for his retail venture.</li></ul>Reliance is on a roll again as its share price rose by almost 4% on Wednesday morning. As of 11.30 am, Reliance Industries’ share price stood at ₹2,289. After raising over $20 billion for Jio Platforms, Mukesh Ambani is currently on an investment spree for his retail venture. Reliance’s share price has jumped by over 159% since March 23. <div type="image" title="RIL share price mar-oct" msid="78528829" hostid="261"></div> The spike in Reliance shares comes after Abu Dhabi’s royal family’s fund – Abu Dhabi Investment Authority – said it was investing <a href="https://www.businessinsider.in/business/news/reliance-retail-secures-750-million-from-adia-mukesh-ambani-has-now-raised-over-5-billion-for-retail-alone/articleshow/78517289.cms">$750 million</a> in Reliance Retail. This is the eight investment that Reliance Retail has raised in the last four weeks. Ambani has now raised a total of ₹37,710 crore or $5.1 billion for his retail venture from marquee investors Silver Lake, KKR, General Atlantic, Mubadala, GIC, TPG, and ADIA. So far, Mukesh Ambani has sold 8.47% stake in Reliance Retail – which is India’s largest retail chain with over 12,000 stores across 6,700 cities. This market rally has also helped Ambani become the 6th richest person in the world, with a total wealth of $84.8 billion, according to the <a href="https://www.bloomberg.com/billionaires/">Bloomberg Billionaires Index.</a> SEE ALSO: <a href="https://www.businessinsider.in/business/news/reliance-retail-secures-750-million-from-adia-mukesh-ambani-has-now-raised-over-5-billion-for-retail-alone/articleshow/78517289.cms">Reliance Retail secures $750 million from ADIA – Mukesh Ambani has now raised over $5 billion for retail alone</a>

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