Jai Anmol Ambani

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Jai Anmol Ambani is an Indian businessman, who is best known for being the eldest son of Indian businessman and industrialist, Anil Ambani.Growing up in an extremely well-to-do family and having a rich background, Anmol was taught the value of money since his childhood by his parents. In an interview, his mom, Tina Ambani revealed that as a child, Anmol used to go Pony riding daily and his father noticed that he comes back home with a cheap toy daily. Later, the nanny who accompanied him for the lessons told Tina that Anmol cried daily to buy a new toy so she used to buy her the toys. Upon learning this, Tina made Anmol understand the value of money and told him that getting new toys daily was just not done. [3]South China Morning Post Jai Anmol Ambanis Childhood Photo.At the tender age of 18, he did his summer internship with Reliance Mutual Fund (RMF) for two months, wherein he learned the company & sector analysis, practical aspects of financial statements, and portfolio creation.Anmol started investing in the stock markets from an early age.In 2014, he joined Reliance Mutual Fund. Before joining, Anmol took time to travel the world and meet people around the globe.A media house reported that Anmol had active participation in the 12,000-crore acquisition of Jaypee Associates power assets, as Reliance Capital CEO Sam Ghosh mentored him for a bigger role in the Reliance Group.On 23 August 2016, Anmol joined the Reliance Capital Board as an additional director after two years of training at the company. Reportedly, a majority of institutional investors, which control about 27 per cent of Reliance Capital shares, voted against the resolution to appoint Anmol to the board. [4]Ndtv.Upon joining the Reliance Capital Board as a new director, his father considered him extremely lucky for the business as there was a 40 per cent surge in share price since his induction. [5]Business Standard Anil Ambani said, Anmol has brought tremendous luck as the stock price rose by 40 per cent since his induction in the board and has added to the value creation for our shareholders..Anmol also played a key role in Nippon Life for increasing its stake in Reliance Life Insurance and Reliance Capital Asset Management. He successfully negotiated with the Japanese major, Nippon and convinced them to raise the stake in Reliance Capitals insurance division, Reliance Nippon Life Insurance.In September 2017, he was made the Executive Director of Reliance Capital in the Annual General Meeting (AGM).