Reliance Industries Limited (RIL), one of India’s largest conglomerates, boasts an impressive net worth of $220 billion in 2024. Founded by Dhirubhai Ambani in 1973, Reliance has grown exponentially to become a global powerhouse in various sectors, including petrochemicals, refining, telecommunications, and retail. Here is a look of Reliance Industries net worth.
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Diverse Business Segments
Reliance operates through multiple business segments, with its largest earner being the petroleum refining and marketing segment. Other significant segments include petrochemicals, textiles, retail, and digital services through Jio Platforms.
Market Capitalization
Reliance Industries has a market capitalization of $228 billion, reflecting its strong market presence and investor confidence. The company’s shares have seen a massive hike in recent times, contributing to its high valuation.
Total Assets and Equity
Reliance’s total assets are valued at over $220 billion, with total equity around $97 billion. The company’s net income is expected to be around $7.5 billion.
Global Presence
Reliance Industries is not just a leader in India but also has a significant global presence. It employs over 3.42 lakh people and continues to expand its operations worldwide.
Mukesh Ambani’s Leadership
Under the leadership of Mukesh Ambani, Reliance has continued to innovate and diversify its business portfolio. Ambani’s vision has been instrumental in the company’s growth and success.
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