Meet woman, lives in Mukesh Ambani's Antilia, has net worth of Rs 18000 crore; not Nita Ambani, Isha Ambani; she is Mukesh Ambani's...
Kokilaben Ambani holds an important place in the lives of the Ambanis. Well, she is the mother of India's wealthiest person, Mukesh Ambani. Reliance Industries chairman Mukesh Ambani's mother, Kokilaben Ambani, is often seen at the special puja ceremony at the Ambani residence. She played a significant role in shaping the lives of both her sons, Mukesh and Anil Ambani.
As the wife of Dhirubhai Ambani, the 91-year-old matriarch has made significant contributions to building the Ambani family legacy. She shares a deep love for both her sons, Mukesh and Anil. People often wonder who she lives with. Going by the media reports, the Ambani matriarch reportedly has the highest stake in the Reliance conglomerate.
Kokilaben Ambani is often spotted wearing pink coloured sarees, multilayer pearl sets, big studs with emerald in the center, and a simple hair bun. But do you know with whom Kokilaben lives? Do you know when she was born?
Well, Kokilaben Ambani, the woman who raised Asia's richest person, Mukesh Ambani, was born on February 24, 1934, in Jamnagar, Gujarat. She was married to Dhirubhai Ambani. Together, they have four children—Mukesh Ambani, Anil Ambani, Nina Kothari, and Deepti Salgaonkar.
Going by the media reports, Kokilaben lives with her eldest son, Mukesh Ambani, and his family in their luxurious and most expensive private residence, Antilia, in Mumbai. The 27-story skyscraper is valued at approximately Rs 15,000 crore and is considered one of the most expensive private residences in the world.
Spanning 37,000 square meters, the design and construction of Antilia were carried out by two American firms, Perkins and Will, and Hirsch Bedner Associates. Kokilaben has a great fondness for luxury cars. Precisely, she owns a collection of these luxurious cars. According to media reports, her favorite car is a Mercedes-Benz. Her husband, Dhirubhai Ambani, was particularly fond of his Cadillac limousine.
Kokilaben is a devoted follower of Lord Srinathji. Due to her deep faith, she is often seen visiting religious places. Once, Kokilaben Ambani, the mother of industrialists Mukesh and Anil Ambani, was spotted at Shrinathji Temple in Rajasthan. She was accompanied by her daughter-in-law and former actress Tina Ambani. Some of her favorite spiritual destinations include the Dwarkadhish Temple in Jamnagar and the Nathdwara Temple in Rajasthan. Her religious life is an important aspect of her personality.
Tina Ambani often expresses her love and respect for Kokilaben by sharing pictures of her on social media. Kokilaben Ambani has the largest stake in Reliance in the entire Ambani family member.
Kokilaben owns 1,57,41,322 shares, which amounts to approximately 0.24% of the company's total equity. This gives Kokilaben Ambani an estimated net worth of around Rs 18,000 crore(reportedly). On the other hand, Mukesh Ambani owns 0.12% of the company. Together with his wife Nita Ambani and their three children, they collectively hold 80,52,021 shares in Reliance Industries.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Hans India
31 minutes ago
- Hans India
Rs 159.59 cr sanctioned for ROBs
Guntur: Union Minister of State for Rural Development Dr Pemmasani Chandrasekhar said the Union Ministry of Railways has sanctioned Rs 159.59 crore for the construction of Syamala Nagar and Sanjeevaiah Nagar ROBs. He made it clear that the Centre will bear full expenditure for the construction. In a statement, he said so far, the Union Ministry of Railways sanctioned ROBs at Sankar Vilas Centre, Gaddipadu, Pedaoalakaluru, Nandivulugu and Mangalagiri at a cost of Rs 572.47 crore. He said he met railway general manager Ajay Jain and thanked him for sanctioning Rs 572.47 crore for ROBs.
Time of India
an hour ago
- Time of India
Fidelity marks up IPO-bound Lenskart's valuation to $6.1 billion
A fund managed by US-based Fidelity has marked up the valuation of omnichannel eyewear retailer Lenskart by over a fifth to $6.1 billion at the end of April 30, according to a monthly portfolio holdings update by the financial services major. This marks a 21% increase of the company's fair value in Fidelity's books compared to the $5 billion valuation at which it acquired the shares in June 2024 during a secondary transaction that also saw Singapore's Temasek join Lenskart's roster of blue-chip investors. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Play War Thunder now for free War Thunder Play Now Undo Crossover funds such as Fidelity, which invest both in publicly traded and privately held companies, periodically review the valuation of their portfolio companies. To be sure, the fair value of a company is ascertained on the basis of a number of factors, including financials shared with investors, market conditions and the performance of comparable peers. Since inception in 2010, Lenskart has closed nearly $2 billion in funding, including secondary deals. It is due to set up its largest eyewear manufacturing facility in Telangana with an investment of about Rs 1,500 crore. Live Events As reported by ET, the eyewear retailer is considering a $1 billion public offering at a potential $10 billion valuation, double that of its last funding round as reported by ET. Earlier this month, Lenskart converted into a public company by changing its registered name from Lenskart Solutions Private Limited to Lenskart Solutions Limited through a special resolution passed by its shareholders. Lenskart had closed a $200 million secondary round last June at a $5 billion valuation, with investments from Singapore's sovereign fund Temasek and Fidelity. Separately, in July 2024, Lenskart founders Peyush Bansal , Neha Bansal, Amit Choudhary, and Sumeet Kapahi had invested almost $20 million in the company. Previously, in March 2023, Lenskart had raised $600 million from Abu Dhabi Investment Authority and ChrysCapital. Of this, $450 million was a secondary share sale, which allowed existing investors such as SoftBank and Chiratae Ventures to partially sell their stake in the company. This round had valued Lenskart at $4.5 billion. Lenskart bagged the top honour at The Economic Times Startup Awards 2024 . It was named the Startup of the Year by an elite jury for its success in building a fast-growing, large-scale omnichannel consumer retail venture while creating an entirely new category. In FY24, Lenskart's net loss shrank to Rs 10 crore from Rs 64 crore in FY23, which the company attributed to technology-driven operational efficiencies. Operating revenue rose 43% to Rs 5,428 crore, while earnings before interest, taxes, depreciation, and amortisation (Ebitda) more than doubled to Rs 856 crore. The Gurugram- based company produces about 25 million frames and 30–40 million lenses annually. It operates over 2,500 stores across India and Southeast Asia in addition to a strong online presence. The company has yet to file financial statements for fiscal year 2025 with the Registrar of Companies.
Hans India
an hour ago
- Hans India
AP partners with WEF for energy centre in Amaravati
Vijayawada: In a significant move to establish Andhra Pradesh as a global hub for innovation and sustainable development, the state government partnered with the World Economic Forum (WEF) to launch 'WEF-AP Centre for Energy and Cyber Resilience' in Amaravati. This initiative aligns with the government's ambitious 'Swarna Andhra Vision 2047'. A Government Order issued on Thursday formalized the establishment of this centre, which will operate under the WEF's global Centre for the Fourth Industrial Revolution (C4IR) Network. Notably, it will be India's first thematic C4IR centre and will focus on two critical areas: energy transition and green industries in collaboration with WEF's Centre for Energy and Materials (CENMAT) and AI-led digital transformation and cyber security, in partnership with WEF's Centre for Cyber Security. This initiative stems from high-level meetings with the WEF in Davos and is poised to position Amaravati as India's leading center for green energy, sustainability, and cyber security. The project is being spearheaded by Chief Minister N Chandrababu Naidu and IT Minister Nara Lokesh, with the overarching goal of enhancing AP's international profile and attracting significant investments in clean energy, Artificial Intelligence, and digital infrastructure. The centre's key objectives include elevating AP's global standing, fostering international partnerships, supporting the growth of green industries, enhancing cyber security capabilities, and running pilot projects in clean energy, smart grids, and the application of AI in sectors such as agriculture and governance. Furthermore, it aims at upskilling the workforce in cyber security and emerging technologies and connecting the state with prominent global platforms like the WEF's annual meeting at Davos. The state government has allocated Rs 36 crore to support the Centre's operations for three years. It will initially function from Vijayawada or Amaravati and will be governed by a high-level committee chaired by IT Minister Nara Lokesh.
