Difference Between Anil Ambani and Mukesh Ambani

Edited by Diffzy | Updated on: August 29, 2023

       

Difference Between Anil Ambani and Mukesh Ambani

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Introduction

Anil Ambani and Mukesh Ambani are related as brothers, and both of them are successful businessmen in India. Both of them lead two businesses, which recently were one entity (Reliance Industries Limited), but now they have separate business entities (Reliance ADA Group and Reliance Industries).

Anil Ambani vs. Mukesh Ambani

Anil Ambani is the chairman and managing director of Reliance Group (also called Reliance ADA Group) and leads different conglomerates like Reliance Communications, Reliance Energy and many more. Mukesh Ambani is a successful Indian billionaire businessman. He is chairman and MD of Reliance Industries, which is the most valuable corporation of India. His company holds an important value in the Indian market. He leads companies like Reliance Petroleum, Reliance Industrial Infrastructure Ltd. and many more. Mukesh Ambani is considered as the 6th richest person in the world.

Difference between Anil Ambani and Mukesh Ambani in Tabular Form

Basis of ComparisonAnil AmbaniMukesh Ambani
Date of Birth and PlaceJune 4th 1959 (Bombay, India)April 19th 1957 (Yemen)
OccupationChairman and MD of Reliance GroupChairman and MD of Reliance Industries
CorporationsReliance Communications, Reliance Capital, Reliance Power, and Reliance Infrastructure,Reliance Petroleum, Reliance Industrial Infrastructure Ltd
Networth$2.5 Billion (TOI 2023)$89.8 Billion (Forbes 2023)
AwardsBusinessman of the year (1997) by Business India MagazineCEO of the year (2004) at Platts Global Energy AwardErnst & Young Entrepreneur of the Year (2000)Global Vision Award (2010) at The Awards DinnerGlobal Leadership Award (2010)
SpouseTina AmbaniNita Ambani
KidsJai Anshul AmbaniJai Anmol AmbaniErnst & Young Entrepreneur of the Year (2000)Global Vision Award (2010) at The Awards DinnerGlobal Ledership Award (2010)

Anil Ambani

Anil D Ambani is one of the most successful businessmen of India who was born on the 4th of July in the year 1959. He manages Reliance Group, also known as Reliance ADA Group, and this corporation was formed after separation from Reliance Industries Limited.

In February 2020, he was declared bankrupt before a UK court. From the year 2004 to 2006, he served as the MP in the Rajya Sabha from Uttar Pradesh.

Personal Life

He is from a Gujarati family which belongs to the Chorwad village. He was born to one of the renowned textile entrepreneurs, Dhirubhai Ambani, and his wife, Kokilaben Ambani. He has three siblings named Mukesh, Nina, and Deepti. He is married to Tina Munim, an actress. He is the father of two kids named Jai Anmol and Jai Anshul.

Professional Life

He graduated from Kishinchand Chellaram College with a Bachelor of Science degree. Later, he earned a Master's in Business Administration from the Wharton School of the University of Pennsylvania.

After his father's death, the family business was divided between him and his brother. He mostly received parts of Reliance Group with interests in infrastructure, financial service, telecom, and entertainment. He also received the largest IPO in India, Reliance Power. This was subscribed in 2008 and was the fastest in the history of Indian capital markets till now.

In the year 2005, Ambani came into the entertainment world with an acquisition of a stake in Adlabs Films. This was a company that handles film production, processing, digital cinema and exhibition.

After all the successful years, in 2019, he was held by Mumbai police in criminal contempt. His company became the fastest destroyer of shareholder wealth, declining by 90 per cent since its formation.

Mukesh Ambani

Mukesh D Ambani is an Indian billionaire who was born on the 19th of April in the year 1957. Currently, he is the managing director and chairman of Reliance Industries. Reliance Industries has an estimated network of around 87.2 billion dollars as of May 2023. He is considered the richest person in Asia and the 13th richest person in the world. He was also listed as one of the 100 most influential people in the year 2019 by Time magazine under the Titans section.

Personal Life

He was born in a Gujarati family hailing from Chorwad village. He was born to the legendary entrepreneur Dhirubhai Ambani and Kokilaben Ambani. He got married to Nita Ambani in the year 1985 and has three kids named Akash, Anant and Isha. He owns a private 27-storey building house named Antilia in Mumbai, which has a value of US dollar 1 billion and is considered the most expensive private residence in the world.

Professional Life

He went to Hill Grange High School in Mumbai. Later, he went to St. Xavier College in Mumbai for his secondary education. Later, he went to the Institute of Chemical Technology and received a BE degree in chemical engineering. He also went to Stanford University to pursue an MBA, but he was called back to India by his father to help him in his business.

He started helping his father in the year 1981 to run his family business called Reliance Industries Limited. The business by that time was already expanded and also dealt in refining and petrochemicals. The family business also expanded the retail and telecommunication industries.

After his father's death, the family business was demerged and divided among the two Ambani brothers. Mukesh Ambani got Reliance Industries, and he made this company a very successful and most valuable company in the Indian market.

In 2016, he was listed as the 36th richest person in the world and the richest in India by Forbes magazine, and he is the only Indian businessman who was on the Forbes list of the world's most powerful people.

He also owns the IPL (Indian Premier League) franchise named Mumbai Indians. He also owns the Indian Super League, which is the football league in India.

Main Differences Between Anil Ambani and Mukesh Ambani in Points

  • Anil Ambani graduated with a Bachelor of Science from the University of Bombay. Later, he earned a Master's in Business Administration from the Wharton School of the University of Pennsylvania. Mukesh Ambani received his Bachelor of Chemical Engineering degree from the University Department of Chemical Technology. He also went to Stanford University to pursue an MBA, but he was called back to India by his father to help him in his business.
  •  Anil Ambani joined his family business in 1983 as Co-Chief Executive Officer, while Mukesh Ambani joined his family business in 1981
  •  After the death of Dhirubhai Ambani, both brothers argued about owning the family business. Anil Ambani received Reliance Group (also called Reliance ADA Group), and Mukesh Ambani got Reliance Industries.
  •  Anil Ambani's business went bankrupt while Mukesh Ambani's business is on the top, and he is considered as one of the richest people in the world.
  •  Anil Ambani was involved in politics as he was elected as an MP of the Rajya Sabha, while Mukesh Ambani was never directly involved in politics.

Conclusion

Mukesh Ambani is a leading businessman in India who is a billionaire and richest person in Asia. He has expanded his business quite well and also explored the sports industry. Anil Ambani was successful, but recently, he went bankrupt and made his company's growth decline by 90 per cent.


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"Difference Between Anil Ambani and Mukesh Ambani." Diffzy.com, 2024. Sun. 05 May. 2024. <https://www.diffzy.com/article/difference-between-anil-ambani-and-mukesh-ambani>.



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