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Ambanis
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Ambanis have no plans to relocate in London or anywhere else: RIL

| @indiablooms | Nov 06, 2021, at 07:36 am

Mumbai/IBNS: Reliance Industries Limited (RIL) has denied the reports in the media that its Chairman Mukesh  Ambani or his family have any plans to relocate to London.

"A recent report in a newspaper has led to unwarranted and baseless speculation in social media regarding the Ambani family’s plans to partly reside in Stoke Park, London," RIL said in a statement.

It said: "Reliance Industries Limited would like to clarify that the Chairman and his family have no plans whatsoever to relocate or reside in London or anywhere else in the world."

A Mumbai newspaper had reported that Ambani and his family- who now live in the 27-storey private residence Antilia in the billionaires row of Mumbai- would divide their time between London and Mumbai in the future. Mukesh Ambani and his wife Nita Ambani have three children -sons Akash and Anant and daughter Isha who is married to businessman Anand Piramal. 

 According to Forbes, Mukesh Ambani is the richest person in Asia with a net worth of US$102.1 billion[ and the 10th richest person in the world, as of  Oct 14, 2021.

"Further, RIL group company, RIIHL, which acquired Stoke Park estate recently, would like to clarify that its acquisition of the heritage property is aimed at enhancing this as a premier golfing and sporting resort, while fully complying with the planning guidelines and local regulations," it said.

"This acquisition will add to the fast-growing consumer business of the group. Simultaneously, it will also expand the footprint of India’s famed hospitality industry globally," it added.

Mukesh Ambani's Reliance Industries- which was founded by his father Dhirubhai Ambani- has interests in petrochemicals, oil and gas, telecom and retail.  

According to Forbes, during the Covid-19 lockdown, Ambani raised more than $20 billion selling a third of Jio to a string of investors, such as Facebook and Google.

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