Mukesh Ambani succession plan: Isha, Akash, Anant, who's going to get what?

India's richest man and the 11th richest man Mukesh Ambani, has a net worth of $116 billion. Mukesh is the son of industrialist Dhirubhai Ambani, who started Reliance Industries, Fin cash reported.

After Dhirubhai passed away without a will, his two sons, Mukesh and Anil, fell into a nasty court fight over property issues. Mukesh, not wanting to repeat the same mistake, has reportedly divided his business among his three kids.

Mukesh and Nita are parents to three children: twins, Akash and Isha, and the youngest, Anant, who is making headlines these days due to his pre-wedding festivities with Radhika Merchant.

The firstborn, Akash, who is married to Shloka Mehta, is a successor chairman at Reliance Jio Infocomm Ltd. He manages the Mumbai Indians cricket team as well.

The twin sister Isha, who is married to Anand Piramal, is most likely to head Reliance Retail, which is running the largest network of stores in India, along with JioMart, which is a federation of mom-and-pop shops selling products on the internet.

In 2021, Fortune magazine referred to her as a "heiress on duty" while ranking her as the 21st most powerful woman in India, BBC reported.

The youngest of the family, Anant, is expected to take on the legacy of the oil-to-chemicals business. 

However, Anant will be pivoting away from polluting hydrocarbons and switching towards cleaner energy sources, such as green hydrogen, sodium-ion batteries, and solar panels, at less than $1 per kg in 10 years, or what Mukesh calls the 1-1-1 target.

For now, Mukesh has said he will remain chairman and managing director for five more years, preparing Reliance's "Next-Gen leaders" and mentoring his children.