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Who Is Anand Jain? Close friend of Mukesh Ambani, was once a billionaire, his son lives near Rs 15000 crore Antilia, business is…
24htopnews | July 24, 2025 12:06 AM CST

Mukesh Ambani is known to everyone as the richest person of India. But there are many people who are still behind the curtains but have contributed to Reliances success. One such person who is also a childhood friend of Ambani and a real estate magnate is Anand Jain.. Who Is Mukesh Ambani’s Friend Anand Jain? The bond between Mukesh Ambani and Anand Jain is from their school days at Mumbai’s Hill Grange High School on Pedder Road. When Mukesh Ambani returned from Stanford University in the early 1980s to join the family business Anand left his own ventures in Delhi to support him. Anand has already worked with Dhirubhai Ambani and developed his own business also. Anand Didn’t Take Salary In a corporation everyone works for high pay packages and designations but Anand Jain was different among them. Though he played a big role in shaping Reliances expansion especially for Reliance Infocomm he never held a formal position or withdrew a salary. He was Mukesh Ambani’s behind-the-scenes advisor a steady voice in the war room. Anand Jain’s Business Empire While advising Reliance Jain was also building his own business empire. In 1985 he founded Jai Corp Limited which emerged as a big player in industrial real estate plastic processing steel and yarn manufacturing.  In 2007 Forbes ranked Anand Jain as India’s 11th richest person with a net worth estimated at $4 billion.  That same year he led the Urban Infrastructure Opportunities Fund India’s largest real estate private equity initiative at the time raising Rs 2434 crore from over 750 investors. During its peak Jai Corp’s market cap was a $45 billion. By 2012 his net worth had declined to around $525 million. Anand Jain’s Dream11 Link Anand Jain’s son Harsh Jain co-founded Dream11 in 2008 which has since become one of India’s top fantasy sports platforms and entered the unicorn club by 2019. Despite his massive business footprint Anand Jain is famously media-shy. Harsh Jain co-founder and CEO of Dream11 owns a luxury apartment in the Lodha Malabar project on Walkeshwar Road which is near Mukesh Ambanis Antilia in Mumbai.


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