Anil Ambani: In 2005, when the split between Mukesh and Anil Ambani, the two brothers got equal property. In 2007, Anil Ambani owned property worth around $ 42 billion. At the same time, Mukesh Ambani had a property worth $ 49 billion. Both brothers were doing well. In 2008, Anil Ambani was ranked sixth in the list of world’s richest people.
Although Anil Ambani, who was involved in the Billionaires Club of the world, the real trouble started after the year 2012. Their companies went sinking one after the other, and they went under the burden of debt. On the contrary, his elder brother Mukesh Ambani kept moving forward.
Where was the mistake ?: Financial know-management (financial mismanagement) is the reason behind this condition, and many economic experts who know Anil Ambani closely. They did not pay attention to the companies they got after Partition, instead they kept investing money elsewhere. This proved to be a loss deal. On the other hand, the already established companies started sinking and Anil got caught in the debt trap.
What is the current situation ?: Anil Ambani is currently stuck in a debt trap. The total debt on his companies has increased to over Rs 4200 crore. However, he has also paid some debt by selling some of his assets. Recently, in a statement given in a London court, he said that now he only walks in a car and is selling jewelry and paying the fees of lawyers. The family bears their expenses. Anil Ambani had said that his net worth is now zero.
Trying to comeback: Under the debt burden, Anil Ambani has not given up and is trying hard to comeback. According to a report by Dainik Bhaskar, they work hard for 14 to 16 hours a day. So that drowning companies can be saved. They have also become more spiritual than ever before and they are often seen in various temples etc.
Fitness freak, alcoholism: Let us tell you that Anil Ambani is completely vegetarian and very vigilant about his fitness. They run about 10 kilometers every day. Also do all the exercises. Apart from this, they also take great care of catering. According to reports, they do not even touch liquor etc.