Anil Ambani, often seen as the less successful younger brother of Mukesh Ambani, Asia’s wealthiest man, has faced immense financial challenges in recent years. Many of his businesses have either shut down, been sold, or fallen into massive debt. However, in recent years, there has been a shift in Anil Ambani’s fortunes, largely thanks to the efforts of his sons, Jai Anmol Ambani and Jai Anshul Ambani.
Sons Stepping In to Save the Empire
Both Jai Anmol and Jai Anshul are deeply involved in the operations of their father’s business. They are helping secure new deals for Reliance Group and addressing the debt crisis that has plagued the group. Jai Anmol plays a crucial role in reviving Reliance Capital, while Jai Anshul focuses on the newer ventures, including Reliance Life Insurance and Reliance Capital Asset Management.
Rising Leaders in the Business World
While Jai Anshul is gradually becoming more active in the business, his older brother, Jai Anmol, has already established himself as a seasoned businessman. At just 18, Jai Anmol began managing his father’s struggling business. In 2014, he joined Reliance Mutual Fund and later took on the role of Executive Director at Reliance Capital in 2017. Over the years, he has taken on larger responsibilities within the group, including raising the stake of Japanese firm Nippon in Reliance Nippon Life Asset Management, a move that significantly boosted the company’s valuation.
A New Chapter for the Reliance Group
With Jai Anmol, 33, and Jai Anshul, 28, leading the charge, the brothers are focused on reviving the Reliance Group and restoring their father’s business to its former glory. Despite the challenges they face, the duo is determined to overcome the odds and bring success back to the company.