In February 2020, Anil Ambani declared bankruptcy in a UK court while grappling with multiple legal issues. Amid these struggles, his eldest son, Jai Anmol Ambani, became a beacon of hope for the former billionaire.
Despite facing significant financial challenges and declaring bankruptcy in 2020, Reliance Capital Limited (RCL) saw a revival following the involvement of Anil Ambani’s sons, Jai Anmol Ambani and Jai Anshul Ambani. Jai Anmol Ambani, Anil Ambani's eldest son who was instrumental in rejuvenating the family business, now boasts an estimated net worth of $3.3 billion (over Rs 20,000 crore).
Jai Anmol Ambani completed his early education at Cathedral and John Connon School in Mumbai before pursuing further studies at Sevenoaks School in the UK. He pursued a Bachelor of Science degree at Warwick Business School.
He began his journey at Reliance Mutual Fund as an intern at just 18 years old. In 2016, he became an Additional Director on the board of Reliance Capital and was promoted to Executive Director within a year. He had joined the boards of Reliance Nippon Life Asset Management and Reliance Home Finance by 2018. Jai Anmol Ambani's strategic insight was further demonstrated when he secured a significant investment from the Japanese firm Nippon, boosting Reliance Capital's stock prices by 40 per cent.
Jai Anmol Ambani and his family reside in a lavish 17-storey tower in Bandra known as Abode. Valued at approximately Rs 5,000 crore, this tower ranks among the most expensive residences in India. It features a range of modern amenities, including a helipad, a large swimming pool, a fully equipped gym, and more.
He owns a collection of super-luxurious and expensive cars with high-end models such as a Rolls-Royce Phantom and a Lamborghini Gallardo, alongside personal aircraft for his professional needs.
He married to Khrisha Shah, an entrepreneur and social activist. Khrisha Shah, daughter of the late Nikunj Shah, is involved in various social causes and runs a social networking company, Dysco. During the pandemic, she initiated the #LoveNotFear campaign to offer free mental health support to individuals dealing with depression, anxiety, and other challenges.
(Image Credit: @Jai Anmol Ambani/Insta , @tinaambaniofficial/Insta )