If there’s one man who knows how to party, it’s Mukesh Ambani. The billionaire industrialist just held an extravaganza in celebration of his son’s impending nuptials in the Indian town of Jamnagar earlier this month, putting the Kardashians to shame. But where does get the money to fund this lifestyle? How much is he worth? Find out in our Brand Snapshots this week.
Reliance Industries' Business Portfolio
From energy to retail, telecom to digital services, there’s nothing Ambani hasn’t ventured into. The sheer diverse range of businesses that make up the powerhouse known as Reliance Industries is formidable. The conglomerate isn't just a corporate entity; it's a universe unto itself at this point. The following image maps out all that the empire consists of.
Stock Price Rollercoaster
Reliance Industries Ltd has had a wild ride through the stock market. The last twenty years have seen it go from a humble Rs 65.71 in 2004 to a whopping Rs 2921.6 as of March this year. Despite the fluctuations, the stock has stayed afloat and has been the investors’ darling for much over a decade.
Mukesh Ambani and the Billionaires Club
The richest man in India is a figure in his own right, when put head-to-head with the top 10 richest people in the world. With a net worth of $111 billion dollars, Ambani’s net worth derives from his stake in RIL, assets like his multi-million home, the Mumbai Indians cricket team, and more.
From fueling India’s energy needs to revolutionizing retail, empowering digital connectivity, and shaping the future of telecom, Reliance Industries is a powerhouse of diverse businesses - standing at the forefront of innovation and impact.
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