Not Mukesh Ambani or his wife, Nita Ambani or even their kids, Akash, Isha and Anant Ambani own the maximum shared of the Reliance industries. Read on to know more about it.
The Ambani family is famous for its larger-than-life parties and pompous celebrations on every occasion. They are true believers in Sanatani rituals and are often spotted at famous temples nationwide, where they offer vast amounts of money. The reliance industry is one of the most profitable companies in the country, but do you know who holds the maximum shares of the company? And it is not who you are thinking.
Mukesh Ambani is the chairman and managing director of Reliance Industries. His wife, Nita Ambani and kids, Isha, Akash and Anant Ambani, are also involved in the business and hold managerial positions. However, they are not the ones who own the maximum shares of the Reliance Industries.
The Ambani family collectively controls and owns nearly half of Reliance's holding as they own 50.39% of the shares. The remaining 49.61% is dispersed among public shareholders, including foreign institutional investors. It is Kokilaben Ambani who owns the maximum shares of the company. Kokila Ambani is Reliance founder, Dhirubhai Ambani's wife and Mukesh Ambani & Anil Ambani's mother. She owns 1,57,41,322 shares. That accounts for around 0.24% of the company. Mukesh and Nita Ambani's three children each own 80,52,021 shares, equal to approximately 0.12% each.
Kokilaben, a figure of intrigue, chooses to keep a low profile, with her personal net worth remaining a mystery. While undisclosed, a media report estimated it to be around Rs 18,000 crore, a figure supported by her family's vast wealth and diverse business ventures. Her influence, however, is not shrouded in mystery, extending beyond the business world, as she is admired for her compassion, determination, and strength.
Though she is not actively involved in the daily operations of Reliance, Kokilaben Ambani has been a guiding force for the Ambani family. Her role as a mother, wife, and advisor has been instrumental in the family's success. Known for her resilience and support, she has been a pillar for her family during their rise to prominence, solidifying her status within the family and Indian society.
Let us who you thought owned the maximum shares of Reliance industries,
Next Read: Ajay Devgn Reveals Kareena Kapoor Knows All The Gossips About The Industry And Loves To Share It