Anil Ambani making a comeback? Sons helped clear debts in billions, made several Reliance Group companies debt-free, his net worth is now Rs…
GH News April 28, 2025 03:06 AM
Anil Ambani net worth: Anil Ambani the younger brother of Asias richest man Mukesh Ambani has not been as successful as his illustrious older sibling in the business space and over the years several businesses of his debt-ridden Reliance Group have either been shut sold or languishing under a mountain of debt. However the fortunes of Anil Ambani have begun to turn around of late as the embattled businessmans sons-- Jai Anmol Ambani and Jai Anshul Ambani-- have helped clear debts of several Reliance Group companies making them debt-free. Anil Ambani making a comeback? This year has brought good fortune for Anil Ambani so far with Sasan Power Limited-- a subsidiary of Anil Ambanis Reliance Power repaid its $150 million (Rs 1286 crore) loan to IIFCL and became debt-free. Earlier Anil Ambani cleared debts worth thousands of crores of Reliance Group companies strengthening the balance sheet of Reliance Power the main company of his Reliance Group business conglomerate. According to reports Reliance Power had a debt of Rs 17812 crore till June 2024 but is now completely debt-free while Reliance Infra another major company of the Reliance Group has also cut down significant amounts of debt. Shares of both Reliance Power and Reliance Infra climbed recently after Reliance Capital secured investment from Nippon. Market experts believe the investor confidence in Anil Ambani and his Reliance Group has increased in recent times and more are willing to invest in his businesses. Recently Reliance Capital was acquired by Hinduja Groups IndusInd International Holdings Limited (IIHL) and IIHL Chairman Ashok Hinduja announced that the government has approved increasing the groups stake in the bank from 15% to 26%. Once approved by IRDAI the the outstanding amount will be repaid to the lenders of Anil Ambanis Reliance Group he said. Anil Ambanis sons powering Reliance Group revival The revival of Anil Ambani is widely credited to the efforts of his sons Jai Anmol Ambani and his younger brother Jai Anshul Ambani who have been powering the resurgence of their fathers business empire over the last few years. Both Jai Anmol and Jai Anshul have taken up leadership roles within the indebted Reliance Group and have helped the Anil Ambani-led company to secure new deals and cut down the gargantuan debt faced by many of the groups companies. Anils elder son Jai Anmol Ambani attempted a revival of Reliance Capital but despite his best efforts could not save the debt-ridden firm from going bust and being taken over Hinduja Groups IndusInd International Holdings Ltd (IIHL). On the other hand Jai Anshul Ambani the younger son of Anil Ambani is assisting the Reliance Group in two new ventures Reliance Nippon Life Insurance and Reliance Capital Asset Management. While Anshul is still learning the ropes and steadily becoming more active in the business his older sibling Jai Anmol Ambani who stepped in the business at the age of 18 is emerging as a veteran businessman shows all signs of being ready to step in his fathers shoes and manage and revive the debt-ridden business empire. Jai Anmol and Jai Anshul Ambanis role in Anil Ambanis resurgence In 2014 Jai Anmol joined Reliance Mutual Fund and three years later took charge as the Executive Director of Reliance Capital in 2017. Over the years Anil Ambanis elder child has taken on larger responsibilities in the Reliance Group and is credited with playing a pivotal role in raising the stake of the Japanese firm Nippon in Reliance Nippon Life Asset Management which significantly boosted the companys valuation. Jai Anmol Ambani is 33 while Jai Anshul Ambani is 28 years of age and the brothers seem determined to revive their fathers once-thriving business and bring back the Reliance Group to its former glory despite the odds stacked against them. Anil Ambani net worth Anil Ambani who was once ranked among the wealthiest men in India saw his fortunes dwindle over the years due to failing businesses and at one point he reportedly had to mortgage his wife Tina Ambanis jewelry to pay off lenders. However Anil Ambanis fortunes have begun to turn around of late as the market cap of Reliance Power and Reliance Infra-- the two main companies of the Reliance Group-- has surged by a significant margin. According to market data the mcap of Reliance Infra swelled to Rs 10192.46 crore while the valuation of Reliance Power climbed to Rs 16614 crore last week. The shares of both companies also witnessed a noticeable rise. Owing to recent revival of his businesses the estimated net worth of Anil Ambani has climbed to $530 million (around Rs 4500 crore) as of March 10 2025 according to reports.
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