Meet Anil Ambani’s loyal friend who stood by him even in bankruptcy, shares similar story, special connection with Tina Ambani, his name is…
Anil Ambani’s Best Friend: The Ambani family is no less than a Bollywood movie where two brothers separated, one became one of the world’s richest, and the other faced bankruptcy. Anil Ambani inherited money and fame as part of the family legacy. In 2008, he was the sixth richest industrialist in the world. His wealth was even more than Mukesh Ambani’s, but he lost it all due to bad decisions and unavoidable mistakes. His companies were sold, and he himself faced bankruptcy. But this is only the first half of the film. In the second half, everything changed as Anil started making a comeback, fighting against all odds.
From Hero To Zero
Anil Ambani had a net worth of USD 42 billion (approx Rs 350 crore) but by the year 2020, he faced dramatic fall from the grace, including the bankruptcy. He had a huge debt of Rs 20,379.71 crore and companies became defaulters.
Anil Ambani’s Luck Started Changing, The Tables Turned
Anil Ambani had lost all hope as several trials were going on; he also declared himself bankrupt in front of the London court. The situation was worse, but as soon as his two sons Jai Anmol Ambani and Jai Anshul Ambani, entered the business, Anil’s business started taking a U-turn.
Reliance Infra, including other companies, started making a comeback. And now his company’s shares are witnessing a surge.
Anil Ambani’s Best Friend
Most of the time people leave their friends in bad times, but some stood by with their friends till the end without thinking about the outcome. For Anil Ambani this friend is none other than Bollywood superstar Amitabh Bachchan. Even if he could not help him in business, he never backed down from boosting his morale.
Always Praised His Friend and Boosted His Morale
Amitabh Bachchan has publicly commended Anil Ambani’s recent revival, praising his dedication and never-backdown attitude on social media platforms. Bachchan’s support includes congratulatory messages, such as one celebrating a deal between Reliance Infra and Dassault Aviation for 2000 Falcon jets. He emphasises the power of hard work and determination in overcoming obstacles.
Years Old Relationship With Ambani Family
Anil Ambani and Amitabh Bachchan’s friendship is not new but decades old. Their relationship is connected to Reliance Industries founder Dhirubhai Ambani. Anil Ambani’s wife Tina was a Bollywood actress. During several interviews, Amitabh had revealed that when his company ABCorp Ltd was in debt of 90 crores, then Dhirubhai Ambani had offered to lend him money.
Anil Ambani’s Companies Making Profits
Anil Ambani’s companies are experienced a financial turnaround in recent years. Increased investment has led to rising profits, decreasing debt, and a surge in new orders. These positive developments have resulted Anil’s company in a stock market recovery. Reliance Power and Reliance Infra have eliminated their debt.
Major international contracts have been secured, including a Rs 600 crore order from a German firm for Reliance Defence, and a deal with Dassault Aviation of France for Falcon jet manufacturing and sales in India by Reliance Infra. Furthermore, Reliance Infra is anticipating a potential Rs 100 billion order from the Indian Ministry of Defence.
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