About
Anil Dhirubhai Ambani is an Indian businessman who serves as the chairman and managing director of Reliance Group. The Reliance Group was formed in 2006 following a demerger from Reliance Industries Limited. Ambani led several listed corporations, including Reliance Capital, Reliance Infrastructure, Reliance Power, and Reliance Communications. Although he once had a substantial fortune, his net worth has significantly decreased in recent years.
Career Timeline
Reliance Group Demerger Begins
Following the demerger from Reliance Industries, Anil inherited substantial assets, leading Reliance Group to a strong start.
Peak Net Worth Reached
Anil Ambani's net worth peaked as Reliance Power went public, becoming one of the richest men in the world.
Reliance Communication Troubles Emerge
Reliance Communications faced increasing competition and debt, impacting Anil's overall wealth.
Debt Accumulation Accelerates
High debt levels across Reliance Group companies began to significantly erode his personal fortune.
Bankruptcy Looms, Assets Sold
Facing bankruptcy, Anil started selling assets to reduce debt, drastically decreasing his net worth.
Financial Ruin, Debt Remains
Despite efforts to restructure, Anil Ambani's financial situation remains dire, facing personal bankruptcy and dwindling assets.
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Last updated: February 24, 2026