BUSINESS
Each of Mukesh Ambani's children—Akash, Isha, and Anant—owns 80,52,021 shares, representing approximately 0.12% each.
Mukesh Ambani, with a net worth of $117.5 billion, is one of the wealthiest individuals globally, according to Forbes. As the chairman and managing director of Reliance Industries, a conglomerate founded by his father, Dhirubhai Ambani, Mukesh oversees a vast empire with interests spanning petrochemicals, telecommunications, retail, and media. While many might assume that Mukesh or his immediate family members—his wife Nita Ambani and their children Isha Ambani, Akash Ambani and Anant Ambani—hold the largest shares in Reliance, the reality is quite different.
The individual with the largest stake in Reliance Industries is Kokilaben Ambani, Mukesh's mother and the widow of Dhirubhai Ambani. Kokilaben holds 1,57,41,322 shares, which equates to a 0.24% stake in the company. In contrast, each of Mukesh Ambani's children—Akash, Isha, and Anant—owns 80,52,021 shares, representing approximately 0.12% each.
The Ambani family collectively holds about 50.39% of Reliance's shares as the promoter group, while public shareholders, including foreign institutional investors and corporate entities, own the remaining 49.61%. This significant family stake underscores their influence over one of India's largest companies.
Despite her substantial shareholding, Kokilaben Ambani maintains a low profile and does not involve herself in the daily operations of Reliance Industries. However, her contributions to both business and philanthropy are noteworthy. Reports estimate her net worth to be around ₹18,000 crore, reflecting her financial strength and status within Indian society.
Kokilaben has been a pillar of support for the Ambani family throughout their journey. Her legacy extends beyond mere financial holdings; she is revered as a symbol of strength and resilience in India. Her role during pivotal moments in the family's history, including mediating disputes between her sons during the division of Reliance in 2005, highlights her importance within the family dynamic.
When Neeraj Chopra met 'a true visionary' Ratan Tata and said...
World's richest man Elon Musk's net worth falls by Rs 124500 crore due to his latest...
'A champion of friendship between...': Israeli PM Benjamin Netanyahu condoles Ratan Tata's demise
Mukesh Ambani's superhit new Jio annual plan with unlimited 5G data for just Rs...
MBA jobs: 6 career paths to pursue after an MBA degree
Mumbai Police comfort Shantanu Naidu with heartfelt hugs as he grieves Ratan Tata's death, WATCH
Who are largest stakeholders in Tata Sons? Not Ratan Tata, Noel Tata, it is...
Delhi NCR: Ganga water supply to be shut in Noida, Ghaziabad from today for 20 days due to…
iPhone 15 available at just Rs 27,000 on Flipkart's Big Shopping Utsav Sale: How to grab this deal?
Viral video: Crocodile spotted in drain, rescued by forest department in Kanpur, watch
Who was GN Saibaba, ex-DU professor who died months after acquittal in alleged Maoist links case?
Gautam Adani on Ratan Tata's death news: 'Legends like him never fade away...'
Baba Siddique shot dead in Mumbai, his last social media post goes viral, it was...
Former Delhi University professor GN Saibaba passes away
IND vs BAN, 3rd T20I: India beat Bangladesh by 133 runs, complete 3-0 clean sweep in Hyderabad
Baba Siddique, who was shot at in Mumbai, dies, confirms Lilavati Hospital
22 sixes, 25 fours: India register their highest-ever total in T20I cricket history
THIS is world’s shortest flight, lasts only 90 seconds, it covers a distance of…
Durga Puja 2024: Rani Mukerji, Kajol dazzle in saree during sindoor khela
Amitabh Bachchan made big investment in this smallcap company, gave more than 600% return in 5 years
THIS Mumbai canteen has been named best restaurant in India, it serves the best...
Watch: Sanju Samson smashed Rishad Hossain for five consecutive sixes during IND vs BAN 3rd T20I
Israel's precarious predicament: Can it thwart Iran's nuclear ambitions without US support?
‘Was called arrogant, entitled, selfish…’: This star cricketer once battled alcoholism, then…
Who is the wealthiest among Mukesh Ambani, Nita Ambani's children's in-laws?
Shantanu Naidu stopped by Mumbai police before Ratan Tata's funeral, watch viral video
IND vs BAN: Why is Harshit Rana not playing India vs Bangladesh 3rd T20I?
THIS robot can serve drinks, babysit children, walk dogs and even be your friend, it costs Rs...
Delhi to launch 'E-Detection' system: Here's how it will prevent polluting vehicles from entering
RBI Governor Shaktikanta Das Pays Tribute to Ratan Tata
Mukesh Ambani’s Reliance Jio launches new ISD plans for THESE countries, price starts at Rs...
Meet China's 'Spider-Woman' who climbs 100-metre cliff bare-handed, with no safety equipment
Tech millionaire attempts reverse ageing, get 'baby face': What happened next will leave you shocked
Shilpa Shetty stuns in pink lehenga as turns showstopper for Megha Bansal at Lakme Fashion Week
IND vs BAN, Hyderabad weather update: Will rain play spoilsport in India vs Bangladesh 3rd T20I?
Ratan Tata death: 'Titan' of Indian business, philanthropist icon's cause of death is...
What did Nita Ambani do before marrying Mukesh Ambani? What was her salary?
Rishabh Pant reveals real story behind his ‘fake injury’ in T20 World Cup final
Tamil Nadu train accident: Know reason behind derailment, here's what Railways official says...
Iran gives big warning to oil-rich allies of US: 'Don't help Israel or else...'
MS Dhoni sets internet on fire with new haircut, pics go viral
Shikhar Dhawan and Chris Gayle's playful dance moves go viral, watch
Former Cricketer Ajay Jadeja named heir to Jamnagar royal throne
Meet woman, India's first visually impaired IAS officer, who cracked UPSC twice with AIR...
Who is Ratan Tata's successor to what was his religion: 5 most-asked questions answered
Haryana's new BJP government to be sworn in on October 17 in Panchkula, PM Modi to attend
Good news for Delhi-NCR commuters, Delhi-Mumbai Expressway nears completion, set to open by...
How did Noel Tata succeed Ratan Tata as head of Tata Trusts?
'A day I'll always remember with...': Throwback to Ratan Tata's meeting with Sachin Tendulkar
Adani Energy secures Rs 61088000000 contract in Kenya for enhanced....
What key traits does Google seek in new hires? CEO Sundar Pichai makes big revelation
BIG boost for Gautam Adani as he emerges as biggest dollar gainer among the list of...
RG Kar case: West Bengal government remains silent as condition of fasting medics deteriorates