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India.com
6 days ago
- Business
- India.com
His companies were sold, went bankrupt, but Anil Ambani never let go of THIS priceless possession, it is..., price is Rs...
His companies were sold, went bankrupt, but Anil Ambani never let go of THIS priceless possession, it is..., price is Rs... Anil Ambani's life story feels just like a movie. By the late 2000s, he was one of the richest people in the world and ranked sixth globally, with a fortune of USD 42 billion. But wrong decisions, rapid business expansion without proper planning, and rising debts pulled him down. Slowly, his wealth dropped to zero. As time passed, Anil Ambani found himself trapped under massive loans worth thousands of crores. His companies started shutting down one after another. Many loans turned into NPAs (non-performing assets), and several businesses were sold off. Things became so serious that Anil Ambani declared in court that he was bankrupt. In 2020, standing in a London court, Anil Ambani said he had no money left, not even enough to pay his own daily expenses or his lawyer's fees. He revealed that his wife and family were helping him financially. Even during these tough times, when he was drowning in debt and struggling to keep his companies running, there was still one special thing he held close, something very valuable to him. Despite all his financial troubles, Anil Ambani still owned many precious things. One of them is his grand 17-storey home, which he inherited from his father. While everyone talks about Mukesh Ambani's famous house, Antilia, Anil's home is also luxurious and impressive in its own way. Anil Ambani's most precious thing – his lavish 17-storey home Anil Ambani's most treasured possession is his home. Located in the upscale Pali Hill area of Mumbai, his 17-storey private bungalow is not just a house it's a symbol of luxury and wealth. With all the modern comforts and grand design, this mansion feels nothing less than a royal palace. The bungalow is named 'Abode', and it covers a massive area of 16,000 square feet. It has everything you can imagine i.e. a helipad, a swimming pool, a gym, a large garage for multiple luxury cars, and spacious lounge areas. Anil Ambani lives here with his wife Tina Ambani and their two sons, Jai Anmol Ambani and Jai Anshul Ambani. Even though Anil Ambani was once declared bankrupt and faced loans worth crores, he has continued to live a life of luxury. His home, Abode, may be smaller than his brother Mukesh Ambani's famous house Antilia, but in terms of style and comfort, it is just as grand. The house is valued at approximately Rs. 5,000 crore. Anil Ambani's lifestyle doesn't stop at the bungalow Anil Ambani owns a private jet worth around Rs. 311 crore and has a collection of luxury cars like the Rolls Royce Phantom, Lexus SUV, Audi Q7, and Mercedes GLK350. Despite being under heavy debt at one point, he once gifted his wife Tina a luxury yacht worth Rs. 400 crore for her 64th birthday, which he named 'Tian' in her honor. In recent times, his financial situation is slowly improving. As some of the loans on his companies are being cleared, investors are starting to return. His companies' net worth is going up, and with rising share prices, Anil Ambani's personal wealth is also growing again. Today, the combined net worth of Anil and Tina Ambani is over Rs. 2,500 crore.
India.com
06-07-2025
- Business
- India.com
Anil Ambani's precious thing, which he kept with himself even when he lost all his money, it is worth Rs...
Business tycoon and chairman of Reliance Industries, Mukesh Ambani's younger brother, Anil Ambani, was once the sixth richest person in the 2000s. However, his fate had something else in store for him. He had a wealth of 42 billion dollars, but wrong decisions, poor policies to expand his business, and debt broke him so much that he declared himself bankrupt. The businessman witnessed many highs and lows as debt of millions of crores of rupees kept piling up on him. However, even during these days, Anil Ambani had a special possession which he did not leave. Scroll down to read about it. When Anil Ambani Declared Himself Bankrupt In 2020, Anil Ambani declared himself bankrupt in front of a London court and said that he did not have enough money to bear his expenses or pay the lawyer's fees. He said that his wife and family members were taking care of him. Anil Ambani's Secret Possession Anil Ambani, who was struggling with such a shortage of money, had a priceless thing even in that era, which he kept close to his heart. Even during those tough times, Anil Ambani had a luxurious 17-storey house, which he inherited from his father. Anil Ambani's most valuable possession is his house. Anil Ambani's 17-storey private bungalow built in Mumbai's posh area, Pali Hill, is not just a house but a proof of richness and luxury. This 17-storey building has all the facilities that make it no less than a palace. Price of Anil Ambani's House If reports are to be believed, then Anil's home is said to be worth Rs 5000 crore. This 17-storey house has a helipad on its roof. Its structure is no less than a five-star hotel. The luxury facilities of this house make it one of the most extravagant homes in India. The name of Anil Ambani's luxurious bungalow is Abode. It is built in a huge area of 16,000 square feet. From a helipad, gym, swimming pool to a garage for dozens of vehicles, lounge area — you name it and it is present in the home. Despite going bankrupt, Anil Ambani lives a lavish life. Anil Ambani's Luxurious Possessions Not only does he have a house worth Rs 5000 crore, Anil Ambani also has a personal jet plane. The price of Anil Ambani's luxury private jet is said to be around Rs 311 crore. Apart from this, he has a collection of luxury cars like Rolls Royce Phantom, Lexus XUV, Audi Q7, and Mercedes GLK350.
India.com
06-07-2025
- Business
- India.com
Anil Ambani's most prized possession that he didn't let go of even during his days of poverty, its price will leave you shocked, it is...
Business tycoon and chairman of Reliance Industries, Mukesh Ambani's younger brother, Anil Ambani, was once the sixth richest person in the 2000s. However, his fate had something else in store for him. He had a wealth of 42 billion dollars, but wrong decisions, poor policies to expand his business, and debt broke him so much that he declared himself bankrupt. The businessman witnessed many highs and lows as debt of millions of crores of rupees kept piling up on him. However, even during these days, Anil Ambani had a special possession which he did not leave. Scroll down to read about it. When Anil Ambani Declared Himself Bankrupt In 2020, Anil Ambani declared himself bankrupt in front of a London court and said that he did not have enough money to bear his expenses or pay the lawyer's fees. He said that his wife and family members were taking care of him. Anil Ambani's Secret Possession Anil Ambani, who was struggling with such a shortage of money, had a priceless thing even in that era, which he kept close to his heart. Even during those tough times, Anil Ambani had a luxurious 17-storey house, which he inherited from his father. Anil Ambani's most valuable possession is his house. Anil Ambani's 17-storey private bungalow built in Mumbai's posh area, Pali Hill, is not just a house but a proof of richness and luxury. This 17-storey building has all the facilities that make it no less than a palace. Price of Anil Ambani's House If reports are to be believed, then Anil's home is said to be worth Rs 5000 crore. This 17-storey house has a helipad on its roof. Its structure is no less than a five-star hotel. The luxury facilities of this house make it one of the most extravagant homes in India. The name of Anil Ambani's luxurious bungalow is Abode. It is built in a huge area of 16,000 square feet. From a helipad, gym, swimming pool to a garage for dozens of vehicles, lounge area — you name it and it is present in the home. Despite going bankrupt, Anil Ambani lives a lavish life. Anil Ambani's Luxurious Possessions Not only does he have a house worth Rs 5000 crore, Anil Ambani also has a personal jet plane. The price of Anil Ambani's luxury private jet is said to be around Rs 311 crore. Apart from this, he has a collection of luxury cars like Rolls Royce Phantom, Lexus XUV, Audi Q7, and Mercedes GLK350.
Los Angeles Times
11-06-2025
- Los Angeles Times
Hitmen on motorbikes, wearing clown masks: Armenian gang war roils San Fernando Valley
A motorcyclist coasted to a stop on a sun-baked street in the San Fernando Valley. He retrieved a stepladder from the bed of a pickup truck and leaned it against a high metal fence that encircled a two-story house. Observing the late afternoon scene was a man who lived next door to the fenced-off home. The neighbor, who declined to be named for fear of retaliation, told The Times he watched in disbelief as the motorcyclist — still wearing a helmet — climbed up the ladder and opened fire with a rifle. According to federal authorities, the neighbor had witnessed a salvo in a war between rival crews of Armenian criminals. The target of the attempted hit on Aug. 18, 2023, was Vahan Harutyunyan, a convicted fraud artist and money launderer, a federal agent wrote in an affidavit. The affidavit describes a violent turn within Armenian organized crime circles, whose operators have historically preferred to make money quietly rather than wage wars that invite attention from the police. In normally-placid suburbs of the San Fernando Valley and Burbank, organized crime leaders and their families were targeted by masked shooters who allegedly used drones and tracking devices to conduct surveillance. Last month, authorities arrested 13 men, including Harutyunyan, 49, who has pleaded not guilty to kidnapping charges. His former neighbor said he had no idea he was living next door to an alleged gangster. But after Harutyunyan was shot six times in a second attack, the neighbor said, 'I figured he had enemies.' In Los Angeles, home to a thriving community of Armenian emigres, there is no single group that can be described as the 'Armenian mob,' according to law enforcement and criminal sources who requested anonymity to discuss pending investigations and avoid retaliation. The sources said the city's Armenian underworld is comprised of independent operators who collaborate on rackets that include insurance fraud, drug dealing, fuel theft, credit card scams, protection shakedowns and kidnappings for ransom. When a deal goes wrong, these criminals rely on an informal mediation system overseen by bosses called 'thieves in law,' who are backed by organized crime leaders in Russia, Jerome Sandoval, a Homeland Security Investigations agent, wrote in an affidavit. For years, the only 'thief in law' in Los Angeles was Armen Kazarian, Sandoval wrote. Kazarian, nicknamed Pzo, was admitted to the United States in 1996 as a refugee, prosecutors wrote in a 2010 memo. He settled in Glendale, where he lived in a luxury condominium tower and was chauffeured in a white Rolls Royce Phantom, according to surveillance records reviewed by The Times. Agents watched the 5-feet-3 Kazarian, who favored velour track suits and newsboy caps, meet at spas and restaurants with scammers and drug traffickers. 'Everybody had to bow down to him,' said a former Kazarian associate who requested anonymity for fear of retaliation. In 2010, Kazarian was charged with racketeering. Federal prosecutors in New York alleged he arbitrated conflicts between operators of sham clinics that defrauded Medicare of $35 million. He pleaded guilty and served three years in prison. After he was spotted gambling in Las Vegas — a violation of his probation — Kazarian was deported to Armenia in 2017. His departure led to a changing of the guard. After he left, Kazarian's former lieutenant narrowly avoided assassination by a crew of hitmen who used a drone to spy on him, according to Sandoval's affidavit. According to Sandoval, two men fought to take Kazarian's place: Robert Amiryan and Ara Artuni. Born in Armenia, Amiryan, nicknamed Fish, served time in federal prison for illegal firearm sales, the agent wrote. A burly man with a beard, shaved head and no neck, Amiryan, 46, is a reputed member of Toonerville, a predominantly Latino gang in Atwater Village. Artuni was born either in Armenia or Iran, Sandoval wrote. Bald and clean-shaven, Artuni, 41, had no criminal record and lived in Porter Ranch. According to Sandoval, Amiryan and Artuni were not 'thieves in law' like Kazarian, but rather 'avtoritets,' a lower-ranking title that still conferred respect within Armenian organized crime circles. Melanie Killedjian, an attorney representing Amiryan, said her client 'denies all the allegations against him and maintains his innocence.' She declined to comment further. Artuni's lawyer declined to comment. According to the federal agent's affidavit, Artuni collected 'tribute' from a crew of underlings who fleeced banks, state medical insurers — and even Amazon. Using fake trucking companies, Artuni's men allegedly stole loads of Keurig coffee pods, coconut coffee body scrub, Weber grills, vacuums, Crockpots, air fryers, toasters and ice makers from the e-commerce giant, which estimated its losses at $83.5 million, the affidavit said. Artuni drew the attention of a task force of Department of Homeland Security agents and Los Angeles and Burbank detectives, who suspected him of orchestrating a mysterious homicide. Authorities charge that Artuni's crew contracted a killer to take out Armen Sahakyan, 41, who lived with his wife and three children in a two-story house near the Verdugo Mountains, a tony part of Burbank where the palm tree-lined streets are named after British towns and Ivy League colleges. Sahakyan's family didn't respond to a message seeking comment, and it's unclear whether he was involved in criminal activity. Whatever his line of work, a coroner's report showed Sahakyan was concerned enough about his safety to sleep with a shotgun under his bed and a revolver within reach. Around 1 a.m. on July 21, 2020, a man wearing black clothes and a clown mask slipped through an unlocked sliding door and crept upstairs to the master bedroom, the coroner's report said. He shot Sahakyan and his wife with a silencer-equipped handgun before Sahakyan grabbed his revolver and fired back. Shot twice in the abdomen, the intruder jumped from a balcony and collapsed in the driveway, the coroner's report says. He tossed his gun under Sahakyan's Rolls Royce before dying. Officers found Sahakyan's wife wrapped in a blood-soaked blanket, shot in the torso and arm, unable to speak, Sandoval wrote. Her husband lay dead on the floor. Detectives learned the intruder, Edward Lopez, 34, was a reputed member of a gang called PAL, short for 'Psycho Ass Life.' Nicknamed 'Bandit,' Lopez had been released from prison three weeks before his death after serving two years for possessing drugs. His family didn't return a request for comment. Lopez left his phone in a black Mercedes Benz parked a block from Sahakyan's house. On it, detectives saw text messages that an alleged member of Artuni's crew sent Lopez the day he got out of prison, offering to take him shopping for clothes and shoes. Phone records indicated he contemplated killing Sahakyan three days earlier, Sandoval wrote. But after lingering near the house for 15 minutes, Lopez left. 'Something told me not tonight,' he texted Artuni's reputed associate. The first act of violence directly targeting Amiryan came the night of April 3, 2023. As Amiryan pulled into his underground garage, a man wearing a ski mask shot at him with an AR-15, Sandoval wrote. To find out who was behind the attempted hit, Amiryan and his crew kidnapped one of Artuni's associates and tortured him for information, according to the agent. The victim's family tracked his phone to a house in Sun Valley. LAPD officers surrounded the home, and Amiryan exited with two others — Harutyunyan and Sevak 'Seco' Gzraryan, the affidavit said. Inside, the decor suggested men taking a break from a grisly job: bottles of Johnnie Walker and Macallan scotch. A pack of Camel cigarettes. Blood spatter and bullet holes in the walls. On Gzraryan's phone, agents found videos of the kidnapping victim being interrogated about the hit on Amiryan, Sandoval wrote. The victim said Artuni was responsible. Hospitalized with broken facial bones, the victim denied to police that he'd been kidnapped and said the men arrested at the house were 'not guilty,' Sandoval wrote. Harutyunyan's lawyer declined to comment. Gzraryan's attorney didn't return a request for comment. A month after the kidnapping, Amiryan and his spouse were sitting on their balcony when a gunman fired from the bed of a red Ford F-150 truck. Amiryan shielded the woman from bullets that struck his abdomen and arm, Sandoval wrote. Then the motorcyclist showed up at Harutyunyan's house. When Harutyunyan moved into the two-story stucco with a red tile roof in North Hills, his neighbor asked what he did for a living. 'Professional gambler,' Harutyunyan replied, according to the neighbor. Born in Armenia, Harutyunyan was convicted in the 1990s of brandishing a replica gun and trying to pass a fraudulent check in Fresno, according to a probation report reviewed by The Times. In 2005, he got involved in a Glendale-based group of fraud artists who used stolen identities of doctors and patients to bill Medicare for fake services, the report said. Harutyunyan didn't know the man he trusted to cash $1.5 million in Medicare checks was an informant for Immigration and Customs Enforcement. He served four years in prison for conspiring to commit grand theft, money laundering and possessing an assault weapon, court records show. Immediately after moving into the North Hills house, Harutyunyan replaced the railed fence with a solid metal one, his neighbor told The Times. Artuni still managed to spy on Harutyunyan, Sandoval wrote — his phone allegedly contained drone footage of the house filmed 19 days before the motorcyclist opened fire from the stepladder. A week after that shooting, two men standing in the bed of a truck fired rifles into Harutyunyan's backyard, where he was gathered with Amiryan, Gzraryan and others, Sandoval wrote. The barrage 'sounded like machine gun fire, armor piercing rounds,' Harutyunyan's neighbor recalled. A policeman told him the bullets flew through the walls of Harutyunyan's house — even piercing a refrigerator, he said. Shot six times, Harutyunyan told police he had 'no idea' why he was targeted, Sandoval wrote. In April 2024, Artuni flew to Armenia, where Sandoval believed he was reprimanded by 'thieves in law' displeased by his conflict with Amiryan. Photographed at an airport in Dubai, Artuni 'appears to have sustained several injuries and bruises,' the agent wrote. According to Sandoval, Artuni remained in Dubai until November, when he crossed legally from Mexico into the United States — and the war roared back to life. In March, masked men shot Amiryan's spouse as she returned to her Universal City apartment, Sandoval wrote. Two children in her Escalade were apparently unharmed. Federal agents arrested Amiryan, Artuni and 11 alleged members of their respective crews on May 20. On Monday, the two reputed rivals and their associates were led by deputy U.S. marshals into a courtroom in downtown Los Angeles, dressed in white jumpsuits and shackles. Gzraryan hobbled in with a cane and sat just a few feet from the men accused of having him shot outside his Sun Valley home in March. Between smiles, winks and mouthed 'I love you's' to relatives in the audience, the men entered not guilty pleas to charges of kidnapping, racketeering and attempted murder.
India.com
14-05-2025
- Business
- India.com
Anil Ambani and Tina Ambani's Mumbai house has 17 floors, Helipad, they own a private jet worth..., cost of home is...
Anil Ambani and Tina Ambani's Mumbai house has 17 floors, Helipad, they own a private jet worth..., cost of home is... While India's richest man Mukesh Ambani and his wife Nita Ambani own the headlines with their home Antilia and international gala appearances, Anil and Tina Ambani have built a life that's no less fascinating—albeit wrapped in a slightly more private cocoon. At a time when Mukesh Ambani stays in the headlines for his sky-touching skyscrapers and pre-wedding parties, his younger brother, Anil Ambani, has a no less glamorous existence. Anil and Tina Ambani live in a stunning 17-storey mansion in Mumbai worth Rs 5,000 crore, complete with a helipad, private gyms, and luxury interiors. Their lavish lifestyle includes a Rs 311 crore private jet, a fleet of high-end cars, and a combined net worth exceeding Rs 2,500 crore—despite Anil's past financial setbacks. Once the sixth-richest man on the planet, Anil Ambani with his family stays in Mumbai's Pali Hill at 17-storey residence which is worth staggering Rs 5,000 crore. The house rooftop has a helipad. Spread over 16,000 square feet, the building has 17 floors. Anil Ambani is known to be a car enthusiast and their car collection is no less than Hollywood movies. Rolls Royce Phantom: Price tag—Rs 3.5 crore. A car so regal, it might bow before it lets you in. Lexus SUV: Sleek, sophisticated, and screaming subtle power. Audi Q7: Valued at around Rs 88–97 lakh, it's one of their more 'humble' rides. Mercedes GLK350: Worth Rs 77 lakh, this one blends luxury and muscle like a silk-covered tank. According to reports, Anil Ambani's net worth is approximately Rs 249 crore as of 2024 and Tina Ambani's net worth is a whopping Rs 2,331 crore even after hitting the financial brakes.
