Reliance Net Worth

The Journey of Reliance Group from a small start-up in 1966 to employing 250000 employees and they also are the second largest publicly traded company in India with shareholder count crossing 10 million. Reliance today is one of the fortune 500 company it is really an inspiring story, today the Reliance Net worth is Rs.280000 Crores

Humble Beginning and Reliance Net worth.

Dhirubhai Ambani was born in a Modh baniya family to Hirachand Govardhandas Ambani and Jamanaben in the village of Chorwad in the district of Junagarh, Gujarat. The young Dhirubhai had to move to yemen due to the ill health of his father and impoverished living condition of the family. Dhirubhai Ambani took up a clerical job at A. Besse & Co, the largest transcontinental trading firm east of Suez. The firm mainly dealt with trading all sorts of goods to European, American, African and Asian companies.

The Yemeni Independence movement became barricade for opportunities of Indians living in Aden. Dhirubhai Ambani moved back to India in 1958 and started exploring business opportunities in Bombay. Dhirubhai Ambani did not had enough money to make big investments he started his journey back in India as spice trader under the name Reliance Commercial Corporations with his second cousin Champaklal Damani. He soon started trading spices, sugar, jaggery, betel nuts and such to Gulf Emirates. He focused on low profits, high volumes and rich quality.

Dhirubhai Ambani

Dhirubhai Ambani

Reliance Commercial Corporation had office at the Narsinatha Street in Masjid Bunder. It was a 350 sq ft. room with a telephone, one table and three chairs. The Reliance Net worth was Rs.15000. In the year 1966, the cousins ended their partnership, sensing the opportunity in textile and started his first textile mill at Naroda, in Ahmedabad .



Textiles were manufactured using polyester fibre yarn. Dhirubhai started the brand called “Vimal”, which was named after his elder brother Ramaniklal Ambani’s son, Vimal Ambani. The Reliance group was officially was founded in the year 1966, The Reliance Net worth during that time was Rs.50000.

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Rapid Expansion and Reliance Net Worth

Reliance group slowly started expanding and became huge success, in 1975 Reliance group received a nod of excellence from the World Bank, a fact that speeded the upgradation and expansion of all plant operations. In 1981, Dhirubhai’s elder son Mukesh joined Reliance group and he initiated Reliance’s backward integration journey from textiles into polyester fibres and further into petrochemicals, petroleum refining and going up-stream into oil and gas exploration and production.

Reliance Industries

Reliance Industries

In 1983, Dhirubhai ‘syounger son, Anil Ambani joined the business and took over as the chief executive officer at Naroda. Reliance Net worth started to grow at faster rate as Dhirubhai was a risk taking person and started to diversify the business into all sectors.

IPO and Reliance Net worth .

It was in 1977 when Dhirubhai Ambani took initiative for first IPO , Reliance issued 2.8 million equity shares of Rs 10 each. In the first year of listing, 1978, Reliance shares had reached a high of Rs 50, five times the par value of the share, which was a high premium in those times. In 1980 the stock hit Rs 104…and in 1982 it reached a high of Rs 186. The Reliance Net worth in 1977 was around 70 crores.

Over the period of time, the Reliance industries diversified into other sector, such as, telecommunications, information technology, energy, power, retail, textiles, infrastructure services, capital markets, and logistics. In the year 1986 Dhirubhai Ambani was hit by stroke which slowed him down and he handed over the reins of the company to his sons.

Reliance Group Of companies and Reliance Net Worth

The success Story of Reliance IPO helped them to expand its portfolio, In 1992, Reliance became the first Indian company to issue GDRs in global market, In 1993 the IPO of Reliance was the largest IPO of India at that time which rapidly increased Reliance Net worth.
The Reliance Group slowly expanded in to major Portfolios

Refining and Marketing
RIL is among top ten in the world in terms of refineries. Jamnagar Complex has 2% of world’s crude processing capacity. It is a global hub in the present day.

Polymers, Polyester, Fibre Intermediates, Chemicals, and Elastomer are among the major products from the petrochemicals subsidiary. This department boasts of large production capacities with world-scale projects.

Explorations and Production
With several ties and partnerships from major parts of the world, explorations and production is one of the key places of interest of RIL.

RIL has made inroads in retail, providing a direct link between farmers, consumers, and small retailers.

Natural Gas
In 2002, Reliance struck gas in the D1-D3 field of KG D6 block. RIL is producing natural gas from the gas fields D1-D3 since April 1, 2009, and light crude oil from the D26 oil field in KG D6 block, since September 17, 2008.

RIL manufacturing division at Naroda houses one of the largest and most modern textile complexes in the world, an achievement recognised by The World Bank. Through Vimal, they have brought in a new era in fabrics.

Reliance Jio Infocomm Limited is providing services like 4G Internet, Broadband and Digital Services across India.

Network 18 Media & Investments Ltd is an Indian mass media company which is owned and operated by Reliance Industries. Headquartered in Noida, India. It has interests in television, print, internet, film, mobile content and allied businesses.
Dhirubhai Ambani breathed his last on July 6, 2002, after a major stroke leaving entire Reliance group orphan, the coldwar between Anil and Mukesh Ambani has also increased.

Ambani Split and Reliance Net Worth.

The Feud between Mukesh and Anil became public in November 2004, by June 2005 the family reached a settlement to split the Reliance business in a deal announced by their homemaker mother Kokilaben. The formal split happened in 2007.

Mukesh Ambani gets the flagship Reliance Industries, with interests in petrochemicals, oil and gas exploration, refining and textiles he has since launched a retail venture.

Anil gets telecoms, power, entertainment and financial services businesses. The Anil Dhirubhai Ambani Group (ADAG) now includes Reliance Communications Ltd, Reliance Infrastructure Ltd, Reliance Capital Ltd, Reliance Natural Resources Ltd and Reliance Power Ltd.

In 2007, Anil Ambani had a net worth of $45 billion, according to the Forbes Rich List. His biggest asset was a 66% stake in telecom venture Reliance Communications. Elder brother Mukesh had a net worth of $49 billion. In the 2017 Forbes Rich List, Anil’s net worth had shrunk to just $3.15 billion while Mukesh’s was $38 billion.

What is Reliance Net Worth Today?

Net worth of company is the difference between Company’s total asset and Company’s total Liabilities, it is also called Shareholder’s Equity.

Reliance Net Worth

Reliance Net Worth

The Reliance Net worth is approximately Rs.280000 crores as per the march 2017 . The Reliance group is expected to grow even more in coming years.

Anil Ambani Net Worth.

Anil Ambani net worth in 2007 during the split was was $45 billion,. his biggest asset was a 66% stake in telecom venture Reliance Communications.
Anil focused on building up assets in complex financial funds, film studios, and high-end real estate. For a while, these investments did well, but in 2008, the house of cards started to collapse.

Anil Ambani Net Worth

Anil Ambani Net Worth

Anil had borrowed too much money to finance businesses that weren’t profitable, and he eventually had to take billions of dollars in losses. Anil Ambani net worth had shrunk to just $3.15 billion.

Mukesh Ambani Net Worth

Mukesh Ambani net worth was around $49 billion during the split in 2007. Mukesh Ambani was richest man in India for eight consecutive years and for a brief time in 2008 a contender for the title of richest man in the world, Mukesh Ambani owns approximately 45% of Reliance Industries, making his net worth approximately US$ 24 billion.

Mukesh Ambani Net Worth

Mukesh Ambani Net Worth

There is no doubt that Mukesh Ambani has expanded and solidified the business created by his father, to a larger extent than his brother In the 2017 Forbes Rich List, while Mukesh’s was $38 billion which is 10 times more than his brother Anil brother.

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Reliance Future

The Growth story of Reliance from Small Textile mill to owning Majority of Portfolios is always Inspiring , the Reliance Net Worth today is Rs.280000 crores, Reliance by adopting modern technologies and processes and by putting in place proper systems it has been able to build a robust supply chain and achieve significant economies of scale. The Reliance Net worth is gradually rising with the visionary leadership of Mukesh Ambani.


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