Mukesh Ambani net worth is about ₹7.8 lakh crore, or $82 billion, in Forbes’s real-time estimate on 24 October 2026, converted at the ₹94.9432 per dollar reference rate for 23 October. The wealth is Reliance Industries stock, valued at ₹1,190.00 a share on the NSE that day.
Rupee-first, this guide builds the figure from six holdings and the filings behind them, and then shows what each business earns, what the company owes and what its foundation spends.
Mukesh Ambani Net Worth in Rupees and Dollars on 24 October 2026
Forbes puts Mukesh Ambani’s net worth at $82 billion, about ₹7.8 lakh crore, on 24 October 2026. That is 25th in the world. The promoter group’s Reliance shares alone were worth ₹7,99,144 crore ($84.2 billion) at the 23 October close.
Reliance’s FY26 results show a group generating ₹2,07,911 crore ($21.9 billion) of EBITDA and ₹95,754 crore ($10.1 billion) of profit after tax on ₹11,75,919 crore ($123.8 billion) of gross revenue. The shares are down 24.47 percent since 1 January, so the headline was higher at the 5 January 2026 peak of ₹1,611.80.
Six Holdings Behind the Fortune: Stake, Filing and Value
| # | Holding | Stake | Evidence | Value or earnings |
|---|---|---|---|---|
| 1 | Six family individuals, Reliance shares | 112,002,852 shares (0.84%) | NSE shareholding pattern, 30 Sep 2026 | ₹13,328 crore ($1.40 billion) |
| 2 | Jio Financial Services, promoter group | 3,243,887,366 shares (49.13%) | NSE shareholding pattern, 30 Sep 2026 | ₹66,509 crore ($7.0 billion) |
| 3 | Jio Platforms, via Reliance | 66.43% owned by Reliance | Annual report 2025-26, 31 Mar 2026 | FY26 EBITDA ₹76,255 crore ($8.0 billion) |
| 4 | Reliance Retail Ventures, via Reliance | 83.56% owned by Reliance | Annual report 2025-26, 31 Mar 2026 | FY26 EBITDA ₹27,033 crore ($2.8 billion) |
| 5 | Oil to Chemicals, inside Reliance | Reported as a Reliance segment | Annual report 2025-26 | FY26 EBITDA ₹60,546 crore ($6.4 billion) |
| 6 | Oil and gas, inside Reliance | Reported as a Reliance segment | Annual report 2025-26 | FY26 EBITDA ₹19,050 crore ($2.0 billion) |
Rows 1 and 2 are listed shares valued at the 23 October 2026 NSE close. Rows 3 to 6 are businesses inside Reliance, so their earnings explain the share price and are not added to the total. The promoter group’s other holders appear further down.
1. Six Family Names: 0.84% of Reliance in Individual Hands
112,002,852 shares | 0.84% | ₹13,328 crore ($1.40 billion) at ₹1,190
The NSE shareholding pattern for 30 September 2026 names six individuals among Reliance’s promoters: Mukesh D Ambani (16,104,040 shares), Nita, Isha, Akash and Anant Ambani (16,104,042 each) and K D Ambani (31,482,644). At the 23 October 2026 close of ₹1,190.00 his own block is worth ₹1,916 crore, or $202 million at ₹94.9432 per dollar.
That is 0.12 percent of Reliance. It paid ₹7,443 crore of dividends for FY26, so a 0.12 percent holder received about ₹9 crore. The remaining 49.60 percent of the promoter group’s 50.44 percent is held through companies and LLPs.
2. Jio Financial Services: A Second Listed Holding
Promoter group 49.13% | ₹66,509 crore ($7.0 billion) | Share price ₹205.03
Jio Financial Services, listed in 2023 after Reliance spun off its finance arm, has a promoter group that holds 3,243,887,366 of its 6,603,141,623 shares, or 49.13 percent at 30 September 2026. The same six family individuals and the same LLPs appear in its filing.
At the 23 October 2026 NSE close of ₹205.03, down 2.74 percent on the day, the group’s stake is worth ₹66,509 crore ($7.0 billion) inside a company valued at ₹1,35,384 crore ($14.3 billion). Reliance’s annual report says the family controls both companies through voting rights.
3. Jio Platforms: The Biggest Earner
Reliance owns 66.43% | Outside holders 33.57% | FY26 EBITDA ₹76,255 crore ($8.0 billion)
Jio Platforms produced FY26 gross revenue of ₹1,72,317 crore ($18.1 billion) and EBITDA of ₹76,255 crore at a 51.9 percent margin, the largest EBITDA of any Reliance segment. For the quarter to 30 June 2026 the margin reached 53.3 percent on EBITDA of ₹20,865 crore ($2.2 billion).
Its 2020 investors paid ₹1,52,056 crore in total, about $20.8 billion at the ₹73.11 rate in the 2020-21 report, and Facebook’s ₹43,574 crore bought 9.99 percent at a ₹4.62 lakh crore pre-money enterprise value in April 2020. Jio filed its draft offer document with SEBI in April to June 2026. An initial public offering would give it a price.
4. Reliance Retail: Thin Margins on Huge Volume
Reliance owns 83.56% | FY26 EBITDA ₹27,033 crore ($2.8 billion) | Gross revenue ₹3,70,026 crore ($39.0 billion)
Retail’s FY26 EBITDA margin was 8.3 percent on revenue from operations of ₹3,27,143 crore. In the June 2026 quarter it booked gross revenue of ₹90,408 crore ($9.5 billion), up 7.4 percent, and EBITDA of ₹6,309 crore ($665 million), down 1.1 percent.
In 2020 it raised ₹47,265 crore for 10.09 percent, and KKR paid ₹5,550 crore (about $759 million at ₹73.11) for 1.28 percent at a ₹4.21 lakh crore pre-money value on 23 September 2020. By June 2026 it had 20,169 stores and 568 million transactions in the quarter.
5. Oil to Chemicals: The Largest Revenue Line
FY26 revenue ₹6,62,401 crore ($69.8 billion) | EBITDA ₹60,546 crore ($6.4 billion) | Margin 9.1%
Oil to Chemicals reported FY26 revenue of ₹6,62,401 crore, equal to 56 percent of the group’s ₹11,75,919 crore of gross revenue, and 29 percent of its EBITDA. Exports were ₹2,78,570 crore ($29.3 billion).
In the June 2026 quarter revenue rose 30.4 percent to ₹2,01,803 crore ($21.3 billion) as crude prices climbed 54.1 percent on the year. EBITDA reached ₹17,010 crore ($1.8 billion), up 17.2 percent, though the margin fell to 8.4 percent from 9.4 percent.
6. Oil and Gas: Small Revenue, High Margin
FY26 revenue ₹23,861 crore ($2.5 billion) | EBITDA ₹19,050 crore ($2.0 billion) | Margin about 80%
Exploration and production turned ₹23,861 crore of FY26 revenue into ₹19,050 crore of EBITDA, 9 percent of the group total from 2 percent of its revenue. The June 2026 quarter added ₹4,973 crore ($524 million) of EBITDA on revenue of ₹6,298 crore.
Reliance said improved realisation on KG D6 oil and condensate kept EBITDA stable on the year, while lower KG D6 gas production and prices offset some of the gain.
What the Businesses Earn: Segment EBITDA in the 2025-26 Annual Report
Four segments produced ₹1,82,884 crore ($19.3 billion) of EBITDA, 88 percent of the group. Jio contributed ₹76,255 crore (37 percent of the ₹2,07,911 crore consolidated total), Oil to Chemicals ₹60,546 crore (29 percent), Retail ₹27,033 crore (13 percent) and oil and gas ₹19,050 crore (9 percent). The remainder came from other businesses.
The June 2026 quarter shows the mix moving. Consolidated EBITDA was a record ₹54,067 crore ($5.7 billion) on revenue of ₹3,40,257 crore ($35.8 billion), and Jio’s ₹20,865 crore was 39 percent of it. Profit after tax was ₹23,196 crore ($2.4 billion).
Book Value Versus Market Value: Two Different Net Worths
Reliance’s own balance sheet shows a net worth of ₹8,67,828 crore ($91.4 billion) at 31 March 2026. That is the accounting value of shareholders’ equity. The NSE valued the company at ₹16,10,372 crore ($169.6 billion) on 23 October 2026.
A founder’s net worth tracks the second number, because the first is what was paid in and retained, not what a buyer pays today. Net debt was ₹1,22,914 crore ($12.9 billion) on 30 June 2026, 0.57 times annualised EBITDA, so debt is a small part of the gap.
How a 50.44 Percent Family Group Holds Reliance Shares
The promoter group holds 6,715,496,096 shares, 50.44 percent, across 47 shareholders that hold shares. Four LLPs hold 35.70 percent: Srichakra Commercials (11.11 percent) and Devarshi, Karuna and Tattvam (8.20 percent each). Reliance Industries Holding, Reliance Industrial Investments and Holdings, Reliance Services and Holdings and Sikka Ports and Terminals hold another 11.30 percent. See limited liability partnership for the legal form.
The filing shows who holds the votes. It does not show the beneficial split, and the 10 percent test is simple: a 10 percent move in the share price changes the group’s stake by ₹79,914 crore ($8.4 billion), while it changes Mukesh Ambani’s direct block by ₹192 crore ($20 million). This is general information, not financial advice.
From Board Seats to an Executive Role: The Succession Timeline
- 28 August 2023: the Reliance board recommends Isha, Akash and Anant Ambani as non-executive directors and accepts Nita Ambani’s resignation from the board; she attends as a permanent invitee
- 27 October 2023: the three take office, per the annual report
- 1 May 2025: Anant Ambani becomes an executive director after 94.4054 percent of postal-ballot votes back it
- FY26: Mukesh Ambani’s remuneration is nil, while Anant’s is ₹12.17 crore and Isha’s and Akash’s non-executive pay is ₹2.55 crore each
The company’s 2023 release says the three were already leading retail, digital services and energy and materials businesses. The documents I read do not describe how the promoter shares will pass. Each of the three held 16,104,042 shares in September 2026, equal to 0.12 percent.
Reliance Foundation: Where the CSR Money Goes
In FY26 the group spent ₹2,248 crore ($237 million) on CSR, above the ₹2,057 crore ($217 million) required. Healthcare took ₹515 crore, education and skills ₹506 crore, sports ₹225 crore and environment and animal welfare ₹827 crore.
Of that, ₹888 crore ($94 million) went to Reliance Foundation, ₹215 crore to its hospital trust and ₹112 crore to its youth sports arm. These are company funds, and the programmes are described on Reliance’s corporate social responsibility page. Personal gifts by the family are not in the filings I read.
What the Next Rupee Funds: Capex, Debt and the New Energy Site
Reliance spent ₹1,44,271 crore ($15.2 billion) on capital expenditure in FY26 and ₹38,682 crore ($4.1 billion) in the June 2026 quarter. Debt stood at ₹3,69,705 crore ($38.9 billion) against cash of ₹2,46,791 crore ($26.0 billion), and Moody’s lifted its rating on foreign-currency debt to Baa1.
The July 2026 analyst presentation shows the solar manufacturing site under construction and a US$3 billion green ammonia contract with Samsung C&T. Forbes reports a $110 billion AI infrastructure plan announced in 2026 over seven years. Reliance and Meta put ₹855 crore into an enterprise AI joint venture on a 70 to 30 split.
Where Mukesh Ambani Ranks in India and Worldwide
Forbes lists Mukesh Ambani 25th in the world in real time and 21st on its 2026 billionaires list. On its 2026 India’s Richest list he is second to Gautam Adani and family, at $112.7 billion as of 30 September 2026. For the same idea applied to nations, see our richest country in the world ranking, and for what a lender sees, how a credit score works.
Frequently Asked Questions
What is Mukesh Ambani’s net worth in rupees?
About ₹7.8 lakh crore on 24 October 2026, from Forbes’s $82 billion at ₹94.9432 per dollar. The figure falls and rises with Reliance’s share price, which closed at ₹1,190.00 on 23 October.
How many Reliance shares does Mukesh Ambani own?
16,104,040 shares in his own name, 0.12 percent, at 30 September 2026. The promoter group holds 6,715,496,096 shares, 50.44 percent.
Who owns Jio?
Reliance owns 66.43 percent of Jio Platforms at 31 March 2026, and outside investors hold 33.57 percent. Jio filed a draft offer document with SEBI in the quarter to June 2026.
How much does Reliance give to charity?
The group spent ₹2,248 crore on CSR in FY26, and ₹888 crore of it went to Reliance Foundation.
