Billionaire boss babe: inside Isha Ambani’s momentous 2022, from bridging the gender gap with her new leadership role at dad Mukesh’s Reliance Industries, to balancing being a new mum to twins
Daughter to Mukesh Ambani, whose net worth sits around US$92.5 billion (per Forbes), Isha has earned the respect of those around her since leading the retail sector for Reliance, bringing in big wins for the company.
Here’s how Isha Ambani has juggled her most momentous year yet.
New Reliance generation
Rumours have long since abounded about the Reliance empire’s potential succession plans, and it was in August this year at the Reliance Industries Limited’s 45th annual general meeting that the batons were finally handed over. Mukesh said that Isha, 31, had been appointed as leader of Reliance’s group retail business, while her twin brother Akash was appointed as Reliance Jio’s non-executive director and chairman of the board of directors.
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Hindustan Times reported that Anant, Isha and Akash’s younger brother, would be leading a new energy sector at Reliance. This puts the new generation of Ambanis at the helm of the billion-dollar business.
Breaking barriers
Her inclusion signals an important mindset shift, particularly around gender lines in India, where many traditions remain that put men at the forefront of the business world.
Setting the tone
After taking the helm of the Reliance retail arm, Isha immediately set the tone for what was to come: growth, market dominance and money. Hindustan Times reported Reliance announced its first in-house premium fashion and lifestyle store in September. Called Azorte, the store is set to compete with the likes of Mango and Zara, specifically targeting millennials and Gen Z buyers.
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The company plans to build 50 to 60 grocery, household and personal care brands within a year and is in talks to get the rights for Sephora into India.
Her motherhood journey
The couple got married in a star-studded wedding in December 2018 and, although the Ambani family has always been well-known in India, many fans traced the start of the cultlike obsession around the Ambani family back to Isha’s wedding. Over the years, there has been a particular interest in her relationship with Piramal, with much speculation on whether she was pregnant or not.
The same source reported Isha describing her mum as a “tiger mum”, despite the fact that she was back at work.
- Mukesh Ambani announced the new generation of Reliance Industries with Isha as the head of retail, Akash as Reliance Jio’s non-executive director and Anant leading a new energy sector
- Isha is involved in launching Reliance’s first in-house premium fashion and lifestyle store Azorte, that’s set to compete with brands like Mango and Zara – but she’s also busy as a new mum