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Mukesh Ambani is a prominent Indian businessman and the chairman and managing director of Reliance Industries, India's largest public company by market capitalization. As of late 2025, he is recognized as the richest person in Asia and ranks among the wealthiest individuals globally. Ambani's success has brought him both fame and scrutiny, with some critics raising concerns about plutocracy, market manipulation, and cronyism.

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Career Timeline

1981C$50M

Joined Reliance Industries Father's Company

Mukesh Ambani joined his father Dhirubhai Ambani's company, Reliance Industries, helping to diversify the business into petrochemicals and refining. His early contributions laid the groundwork for future expansion.

2002B$2B+$1.9B

Father's Death and Company Split

After Dhirubhai Ambani's death, Mukesh and his brother Anil split Reliance Industries following family disputes. Mukesh retained the core oil and petrochemicals business, positioning himself for massive growth.

2010A$27B+$25B

Reliance Petrochemicals Expansion Dominance

Ambani expanded Reliance Industries into the world's largest refining complex, making him one of India's richest individuals. His strategic investments in energy made the company a global powerhouse.

2016S$40B+$13B

Jio Launch Telecom Revolution

The launch of Reliance Jio disrupted India's telecom market with free calls and cheap data, gaining hundreds of millions of subscribers. This move made Ambani a household name across India and significantly increased his wealth.

2020S$75B+$35B

Global Investment Surge Jio Platforms

During the pandemic, Reliance raised over $20 billion from global investors including Facebook, Google, and others for Jio Platforms. This made Ambani Asia's richest person and elevated Reliance to unprecedented heights.

2023S$95B+$20B

Retail and Digital Empire Expansion

Ambani expanded Reliance into retail, e-commerce, and digital services, making it India's largest conglomerate by market cap. His influence over multiple sectors raised concerns about market dominance but solidified his status as India's most powerful businessman.

2026S$112B+$17B

Asia's Richest Person Global Icon

Mukesh Ambani is Asia's richest person and one of the wealthiest globally, with Reliance dominating multiple Indian industries. Despite controversies about cronyism and market power, he remains a dominant cultural and economic force in India and is recognized worldwide.

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Last updated: February 23, 2026