Jai Anmol Ambani, and his younger brother, Jai Anshul Ambani, the two sons of Anil Ambani, seem determined to revive their father once-thriving business and bring back the Reliance Group to its former glory despite the odds stacked against them.
Anil Ambani, the ‘less successful’ younger brother of Mukesh Ambani– Asia’s richest man, has faced tremendous financial over the years, with many of his businesses either shut, sold, or under a mountain of debt. However, during the last few years, his Anil Ambani’s fortunes have begun to change for the better, with two men being credited for this revival, his sons– Jai Anmol Ambani and Jai Anshul Ambani.
How Anil Ambani’s sons are reviving their father’s business
Both Jai Anmol Ambani, and his younger brother, Jai Anshul Ambani, are actively involved in running their father’s business, helping secure new deals for the Reliance Group, and cutting down the mountainous debt faced by many of the group’s companies. While Jai Anmol Ambani is playing a key role in reviving Reliance Capital, Jai Anshul Ambani, the younger son of Anil Ambani, is helping out with Reliance Group’s two new ventures, Reliance Life Insurance and Reliance Capital Asset Management.
Jai Anshul is slowly and steadily becoming more active in the business, however, his older brother, Jai Anmol Ambani, is almost a veteran businessman at this stage, having stepped in to manage his father’s languishing business at the young age of 18.
In 2014, Jai Anmol joined Reliance Mutual Fund, and three years later, took charge as the Executive Director of Reliance Capital in 2017. Over the years, Anil Ambani’s elder child has taken on larger responsibilities in the Reliance Group and is credited with playing a pivotal role in raising the stake of the Japanese firm Nippon in Reliance Nippon Life Asset Management, which significantly boosted the company’s valuation.
Jai Anmol Ambani is 33, while Jai Anshul Ambani is 28 years of age, and the brothers seem determined to revive their father’s once-thriving business and bring back the Reliance Group to its former glory despite the odds stacked against them.