Mukesh Ambani

Indranil Aditya—NurPhoto/Getty Images
  • Company/Affiliation
    Reliance Industries
  • Title
    Chairman and Managing Director
  • Country/Territory
    India
  • Years on List
    2024, 2025

Mukesh Ambani, chairman of India’s Reliance Industries, knows how to throw a party. Business leaders (and fellow MPP listees) such as Meta’s Mark Zuckerberg and Samsung’s Jay Lee made the trek to India last year to attend some of the months-long wedding festivities of Ambani’s youngest son, Anant. As of early July, Ambani was Asia’s richest person, with an estimated net worth of around $100 billion. Reliance is one of India’s most important conglomerates, with interests in petrochemicals, retail, entertainment, telecommunications, and much more. Ambani is trying to groom the next generation to take over the lumbering Reliance: Akash, his eldest son, is chairman of the telecoms business Reliance Jio, while his daughter, Isha, is driving the growth of Reliance’s retail arm.