Mukesh Ambani is one of the wealthiest men in the world, with a net worth of a whopping $95.8 billion. The next generation of the Ambani family has been appointed to shoulder responsibilities with their father as the scions take significant roles in the board of Reliance, as announced by the Chairman of RIL during AGM 2023, in August. Isha Ambani, Mukesh, and Nita Ambani’s daughter has been crucial to the growth of Reliance Industries. The Economic Times reports, that Mukesh Ambani announced Isha Ambani’s appointment to the position of CEO of Reliance Retail Ventures Limited (RRVL), a retail division of Reliance Industries established in 2006.
Isha Ambani’s salary and net worth
Isha Ambani’s monthly pay is reportedly expected to be Rs 35 lakh per month, exclusive of dividend profits, according to GQ reports. Without dividend profits, the 31-year-old businesswoman’s annual income would be approximately Rs. 4.2 crore. In addition, Celebrity Net Worth estimates Isha Ambani’s net worth to be $100 million (or roughly Rs 829.5 crore).
Isha Ambani-led Reliance Retail is worth Rs 8,361 lakh crore, according to Money Control. By equity valuation, this places RRVL among the top four corporations in India. With 18,500 locations and digital commerce platforms covering the four main consumer baskets of groceries, consumer electronics, fashion and lifestyle, and pharmaceuticals, Reliance Retail is India’s largest retailer, serving 26.7 crore customers. This includes, among many others, AJIO, Tira, Dunzo, Netmeds, Reliance Digital, and Reliance Trends. Isha Ambani announced at the Reliance AGM 2023 that RRVL is one of the top 10 most frequented retailers in the world, with more than 78 crore visitors to their stores each year.
More about the business scion
Isha, who was born in October 1991, attended Yale University to study psychology. Additionally, she completed her MBA at Stanford Graduate School of Business. In the US, she started her career by working for McKinsey & Company. She is currently in charge of overseeing the creation and implementation of all marketing teams’ strategic plans for Reliance Retail Ventures Limited.
Isha Ambani is wed to Anand Piramal, the executive director and heir to the Piramal Group. Isha and Anand moved into Gulita, a lavish seafront home in Worli, Mumbai, after their opulent Rs 700 crore wedding in 2018, GQ reports. Gulita was given to the couple as a wedding gift by Anand’s parents, Ajay Piramal, the chairman of the Piramal Group, and Swati Shah Piramal.