So, what is the networth of Mukesh Ambani? Forbes and Bloomberg have reported figures roughly in the range of $90 billion to $110 billion during 2024 and 2025, which has made him India’s richest person and one of the richest people in Asia. The exact number moves daily because most of his fortune is tied to the stock price of Reliance Industries, the conglomerate he chairs.
What is the networth of Mukesh Ambani? The short answer
- Range: about $90 billion to $110 billion, depending on the list and the date.
- Main source: his family’s controlling stake in Reliance Industries.
- Why it changes: share prices and the rupee-dollar exchange rate.
Where the wealth comes from
Ambani took over leadership of Reliance after his father, Dhirubhai Ambani, died in 2002, and the company was later divided between him and his brother Anil. Under Mukesh, Reliance expanded from petrochemicals and refining into retail and telecommunications. Two of the big drivers are Reliance Jio, the mobile network that launched in 2016 and became one of the world’s largest by subscribers, and Reliance Retail, one of India’s biggest retail operators. Energy, including the large Jamnagar refining complex, remains a core business, and the company has announced moves into new energy.
The company, not the cash
Ambani’s fortune is overwhelmingly stock, not cash in a bank account. When Reliance shares rise, the estimate goes up; when they fall, it drops. Both Forbes and Bloomberg update their trackers as markets move, which is why one day’s number can differ from the previous one by billions.
Why Forbes and Bloomberg may differ
- Timing. Forbes’ real-time list and Bloomberg’s index each update on their own schedules.
- Methodology. They make different judgments about holdings, private stakes and debts.
- Currency conversion. Because the shares trade in rupees, changes in the exchange rate shift the dollar value even if the share price is flat.
You can compare the current values yourself on Forbes’ real-time billionaires list and on Bloomberg’s index.
Notable assets and spending
The family is associated with Antilia, a very large private residence in Mumbai that has been widely covered by the press, and with high-profile events such as the 2024 wedding celebrations of his son Anant Ambani, which drew global attention. Sports interests include ownership of the Mumbai Indians cricket franchise in the Indian Premier League. Reported costs of these events and assets vary and aren’t official, so I’d treat them with caution.
Common questions
Is he the richest person in the world?
No. Rankings in recent years have been led by technology founders in the United States, while Ambani has typically ranked within the top twenty or so globally, depending on the day and list.
Is the figure in dollars or rupees?
The major lists use U.S. dollars. If you want to see how that converts into Indian currency, we’ve covered it in our piece on how the world’s richest rankings are built, and the conversion depends on the exchange rate on the day.
Who else is in the family business?
His wife Nita Ambani is involved in philanthropy and education, and their children, Isha, Akash and Anant, hold roles in different Reliance businesses.
A caution on precision
Billionaire lists are estimates built from public filings and market data. They don’t include every private asset or debt, and they can be revised. If you quote a number, give the source and date, for example “Forbes, 2025,” so readers know what they’re looking at.
How to track the number yourself
The most reliable method is simple. Open Forbes or Bloomberg’s live list, note the date and time, and record the dollar figure. If you want to understand why it moved, check the Reliance Industries share price on the National Stock Exchange or the Bombay Stock Exchange for the same period. You will usually see that a rise or fall of several percent in the stock explains the change. Doing this a few times teaches you more about what is the networth of Mukesh Ambani on any given day than any single article could, and it protects you from stale numbers.
Bottom line
The networth of Mukesh Ambani is reported at roughly $90 to $110 billion across Forbes and Bloomberg in 2024 and 2025. Because it is tied to Reliance shares and exchange rates, check a live tracker for the current value rather than relying on a number from months ago.
This article is general information, not financial advice.
Photo: Narendra Modi, CC BY-SA 2.0, source.
