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Mukesh Ambani Net Worth 2026: Live Tracker and Jio IPO
Mukesh Ambani's net worth is about $84B to $90B in 2026. See the latest Forbes and Bloomberg numbers and the Jio IPO timeline.
Updated August 2026. Mukesh Ambani's net worth is roughly $84 billion to $90 billion in 2026, depending on the tracker and the date. Forbes put his wealth at $89.8 billion on August 20, 2026, ranking him No. 22 in the world and No. 1 in India. Bloomberg's Billionaires Index showed $84.2 billion on July 23, 2026, down about 22% year to date. The gap exists because the two trackers use different dates, shareholding data, and valuation methods.
Mukesh Ambani chairs Reliance Industries, a Mumbai-based conglomerate with interests in petrochemicals, oil and gas, telecom, retail, media, and financial services. Reliance reported revenue of about $125 billion, and Ambani's fortune is tied almost entirely to the company's share price.
Mukesh Ambani net worth at a glance
The table below shows the latest public estimates for Mukesh Ambani's net worth.
| Metric | Figure | Date | Source |
|---|---|---|---|
| Forbes net worth | $89.8 billion | Aug 20, 2026 | Forbes |
| Bloomberg net worth | $84.2 billion | Jul 23, 2026 | Bloomberg Billionaires Index |
| Year-to-date change | -$23.6 billion (-21.9%) | Jul 23, 2026 | Bloomberg via Nairametrics |
| Global rank | No. 22 | Aug 20, 2026 | Forbes |
| Reliance stake | 42% | 2026 | Bloomberg |
Open the live trackers
These pages update in real time and are the primary sources for the numbers above.
Open the Bloomberg Billionaires Index
How is Mukesh Ambani's net worth calculated?
Mukesh Ambani's net worth is calculated mainly from his 42% stake in Reliance Industries, plus his holdings in Jio Financial Services, dividends, and private assets.
The Bloomberg Billionaires Index credits Ambani with the promoter group's shares, which include holding companies, trusts, and family members. A stake held by his mother is excluded. Bloomberg also counts his roughly 41% ownership of Jio Financial Services, which was spun off from Reliance in July 2023.
"The majority of Ambani's wealth derives from a 42% stake in publicly traded Reliance Industries."
That line comes from the Bloomberg Billionaires Index. Reliance owns the world's largest oil refining complex, and its market value moves with oil prices, telecom results, and retail growth.
Why did Mukesh Ambani's net worth drop in 2026?
Mukesh Ambani's net worth dropped in 2026 because Reliance Industries shares fell, cutting the value of his largest asset.
Bloomberg showed his wealth down $23.6 billion, or 21.9%, year to date as of July 23, 2026. That made him one of the biggest wealth losers among the world's richest people in 2026. Forbes still listed him at $89.8 billion on August 20, 2026, so the size of the drop depends on the measurement date.
The decline follows a period of heavy capital spending. Reliance is investing about $80 billion over the next decade in renewable energy and building a new complex next to its refinery. Investors have also been waiting for the planned listing of Jio, Reliance's telecom and broadband service.
What does the Jio IPO mean for his wealth?
The planned Jio listing in 2026 could change how the market values Reliance's telecom and digital businesses.
Jio has more than 500 million subscribers, and Ambani has said he plans to list it in 2026. A separate listing could give Jio its own stock price and multiple, which may raise or lower the combined value of Ambani's holdings.
Finance Monthly warns against double counting. Reliance already owns Jio, so Jio's value is reflected in Reliance's market capitalization. Adding a separate private valuation for Jio on top of the parent company's market value would count the same assets twice.
How does Mukesh Ambani compare with other billionaires?
Mukesh Ambani is the richest person in India and ranked No. 22 globally by Forbes in August 2026.
His wealth is far below the top of the global list, but it is the largest in India. For a direct comparison with another closely tracked fortune, see our Elon Musk Net Worth 2026 tracker.
This story is part of our Briefing coverage, where we track major wealth and business news.
What are Ambani's biggest assets besides Reliance?
Ambani's biggest assets outside the Reliance stake include Jio Financial Services, the Mumbai Indians cricket team, and Antilia.
- Jio Financial Services: Ambani owns about 41% directly and through a promoter group.
- Mumbai Indians: one of the most successful franchises in the Indian Premier League.
- Antilia: his 27-story Mumbai residence. Bloomberg values it at just over $400 million, while media reports have estimated construction costs above $1 billion.
- Stoke Park: a Buckinghamshire estate acquired by a Reliance-linked entity for about £57 million in 2021.
Is Ambani wealth family-linked?
Much of Ambani's wealth sits inside the Reliance promoter group, which includes holding companies, trusts, and family members.
Finance Monthly's 2026 estimate of $99.7 billion is a family-linked valuation. It starts with Reliance's market capitalization, applies a 50% promoter group holding, and adds a conservative allowance for dividends, private assets, and non-Reliance wealth.
That is why different trackers report different numbers. Forbes, Bloomberg, and Finance Monthly each make different assumptions about what belongs to Ambani personally and what belongs to the family structure.
Comparison of net worth estimates
The table below compares the main public estimates.
| Source | Net worth estimate | Date | What it counts |
|---|---|---|---|
| Forbes | $89.8 billion | Aug 20, 2026 | Public holdings, cash, private assets |
| Bloomberg Billionaires Index | $84.2 billion | Jul 23, 2026 | 42% Reliance stake, Jio Financial, cash, Antilia |
| Finance Monthly | $99.7 billion | 2026 | Family-linked promoter stake, dividends, private assets |
Frequently asked questions
What is Mukesh Ambani's net worth in 2026?
Mukesh Ambani's net worth is about $84 billion to $90 billion in 2026, depending on the tracker. Forbes reported $89.8 billion on August 20, 2026, and Bloomberg reported $84.2 billion on July 23, 2026.
How is Mukesh Ambani's net worth calculated?
Mukesh Ambani's net worth is calculated mainly from his 42% stake in Reliance Industries, plus his holdings in Jio Financial Services, dividends, and private assets.
Why did Mukesh Ambani's net worth drop in 2026?
Mukesh Ambani's net worth dropped in 2026 because Reliance Industries shares fell, cutting the value of his largest asset.
When is the Jio IPO expected?
Mukesh Ambani has said he plans to list Jio in 2026, though no exact date has been confirmed.
Who is the richest person in India?
Mukesh Ambani is the richest person in India, with Forbes ranking him No. 22 in the world in August 2026.
Does Mukesh Ambani own the Mumbai Indians?
Yes, Mukesh Ambani owns the Mumbai Indians, one of the most successful franchises in the Indian Premier League.
What is Antilia worth?
Bloomberg values Antilia at just over $400 million, while media reports have estimated construction costs above $1 billion.
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