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  • Anmol Ambani Builds Rs 2000 Crore Company: What Is Anil Ambani Younger Son Up To?...

Anmol Ambani Builds Rs 2000 Crore Company: What Is Anil Ambani Younger Son Up To?

Amid legal disputes, Anmol Ambani emerged as his father's glimmer of hope at a young age. Jagran says Anmol Ambani's net worth is Rs 2000 crore.

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  • - Apr 08, 2024 01:01 PM
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Anmol Ambani Builds Rs 2000 Crore Company: What Is Anil Ambani Younger Son Up To?

Anmol Ambani Builds Rs 2000 Crore Company: Anil Ambani had a net worth of around Rs 1.83 lakh crore, formerly the sixth-highest in the world. After completing his education at the John Connon and Cathedral Schools in Mumbai, Anmol Ambani went to Seven Oaks School in the UK.

Amid legal disputes, Anmol Ambani emerged as his father's glimmer of hope at a young age. Jagran says Anmol Ambani's net worth is Rs 2000 crore. Despite coming from a wealthy family, he's persevered, remained tenacious, and committed to excellence throughout his career.

While Anil Ambani faced growing financial problems, Reliance stock prices skyrocketed by 40% when Anmol Ambani became CEO. Besides persuading Nippon, a giant Japanese company, to increase Reliance's investment, the young entrepreneur helped set up Reliance Capital Asset Management and Reliance Life Insurance.

As Anil Ambani's financial troubles mounted in the early 2010s, his conglomerate, the Anil Dhirubhai Ambani Group (ADAG), faced declining profits and mounting debt. However, Anmol Ambani's rise as a leader offered hope. When Anmol assumed leadership of Reliance Group's operations, his strategic initiatives resulted in a 40% increase in stock prices, earning him praise from his father.

Eventually, he convinced Japanese company Nippon to increase its stake in Reliance, which led to the formation of two new companies: Reliance Life Insurance and Reliance Capital Asset Management. This demonstrated Anmol's ability to navigate challenging financial landscapes and drive growth within the family business.

A report says Anmol Ambani is worth over Rs 2000 crore. In addition to owning a Rolls-Royce Phantom and Lamborghini Gallardo, Mukesh Ambani's nephew and Anil Ambani's son live a lavish lifestyle. It's also said he owns planes and helicopters, which he uses for business.

Check Out: Vodafone Idea Allocates Shares Worth ₹2,075 Crore To Group Entity

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