Anil Ambani (left) and his brother Mukesh observe a two-minute silence in memory of their father, Dhirubai Ambani, during a business meeting in 2002. The brothers have since charted a diverging fortune. Photo: Handout Anil Ambani (left) and his brother Mukesh observe a two-minute silence in memory of their father, Dhirubai Ambani, during a business meeting in 2002. The brothers have since charted a diverging fortune. Photo: Handout
Anil Ambani (left) and his brother Mukesh observe a two-minute silence in memory of their father, Dhirubai Ambani, during a business meeting in 2002. The brothers have since charted a diverging fortune. Photo: Handout

One-time Indian billionaire says he is now worth nothing amid loan dispute with Chinese lenders

  • Anil Ambani claims poverty in court filing after three Chinese banks seek repayment of US$680 million defaulted loans
  • Tycoon says he never gave a guarantee tied to his personal assets – an “extraordinary potential personal liability”

Topic |   Chinese overseas
Anil Ambani (left) and his brother Mukesh observe a two-minute silence in memory of their father, Dhirubai Ambani, during a business meeting in 2002. The brothers have since charted a diverging fortune. Photo: Handout Anil Ambani (left) and his brother Mukesh observe a two-minute silence in memory of their father, Dhirubai Ambani, during a business meeting in 2002. The brothers have since charted a diverging fortune. Photo: Handout
Anil Ambani (left) and his brother Mukesh observe a two-minute silence in memory of their father, Dhirubai Ambani, during a business meeting in 2002. The brothers have since charted a diverging fortune. Photo: Handout
READ FULL ARTICLE