Anil Ambani was the world`s fastest-growing multi-billion-dollar fortune in percentage terms as his wealth tripled in 1 year.
During 2006, he was also in the limelight due to his increasing disputes with his brother Mukesh Ambani.
Ambani joined Reliance, the company founded by his late father Dhirubhai Ambani, in 1983 as Co-Chief Executive Officer and is credited with having pioneered many financial innovations in the Indian capital markets.
He directed Reliance in its efforts to raise, since 1991, around US$2 billion from overseas financial markets; with a 100-year Yankee bond issue in January 1997 being the high point, after which people regarded him as a financial wizard. He along with his brother, Mukesh Ambani, has steered the Reliance Group to its current status as India`s leading textiles, petroleum, petrochemicals, power, and telecom company.
Anil Ambani is the Chairman of Board of Governors of DA-IICT, Gandhinagar and a member of the Board of Governors of the Indian Institute of Technology, Kanpur. He is member of the Board of Governors, Indian Institute of Management, Ahmedabad.
He is also a member of the Central Advisory Committee, Central Electricity Regulatory Commission. In June 2004, Anil was elected as an Independent Member of the Rajya Sabha - Upper House, Parliament of India with the support of the Samajwadi Party. In March 2006, he resigned.
In 2007 his name was added to the list of Indian Trillionaires. Awards Voted Businessman of the Year 2006 by Times of India-TNS poll Adjudged as the CEO of the Year at the prestigious Platts Global Energy Awards for 2004.
Voted as MTV Youth Icon of the Year for 2003 in September 2003. Conferred The Entrepreneur of the Decade Award by the Bombay Management Association, October 2002. Awarded the First Wharton Indian Alumni Award by the Wharton India Economic Forum (WIEF) in recognition of his contribution to the establishment of Reliance as a global leader in many of its business areas, December 2001.
Conferred the Businessman of the Year 1997 award by India`s leading business magazine Business India, December 1997.