Anil Ambani sold his JEWELRY to pay his lawyers

On Wednesday, October 28, 2026, Jio, Mukesh Ambani's phone company, debuted on India's stock market in the biggest share offering in the country's history. In 2020, his brother Anil told a London court that his net worth was zero. In 2005, a mother had split her late husband's empire down the middle: Anil got the phone company, and Mukesh signed a pledge not to sell phone service. How did the brother who inherited the phone company end up at zero, while the one banned from selling phone service ended up on the stock market? The answer starts at a gas station in Aden and runs through a father's dream: according to Forbes, a cell phone for the masses, with a call cheaper than a postcard. Dhirubhai Ambani died in 2002 without a will, his sons fought in public, and their mother, Kokilaben, settled the split in 2005. In 2010, the brothers tore up the ban, and Mukesh went back to phones. In 2016, Jio made calls free. The next year, Anil's debt-laden phone company stopped selling calls. See how he ended up before a London judge, what India's Supreme Court demanded of him in 2019, and which side of the table the towers went to. Where the sources disagree (the "zero net worth" is what Anil told the court; the reason the phone company collapsed; the trail of the Ericsson money), the video says "according to" whoever told it. What do you think: when a father leaves the phone company to one son and its future to the other, who inherited what? Tell us below 📞 💬 The most-liked comment on this video picks the next story. This channel is yours. IMAGES Agency and press photos, archives, public documents, and video clips from various sources online; paintings and illustrations by the channel. CREDITS "Ku-ring-gai lattice Tower - CAD model" by Sky Monkey (Sketchfab), CC BY 4.0: https://sketchfab.com/3d-models/5d80d... Photo under CC BY-SA license: street in Aden, Yemen, 1966, by Brian Harrington Spier (Wikimedia Commons, CC BY-SA 2.0): https://commons.wikimedia.org/wiki/Fi... #ambani #mukeshambani #anilambani #jio #magnatum CHAPTERS 0:00 The inheritance: the phone company and the zero 0:52 The postcard: Dhirubhai and the cell phone 1:50 The table: the 2005 split 2:51 The standoff: Antilia and the return to phones 3:42 For free: Jio in 2016 4:52 The deadline: the Ericsson ultimatum, 2019 5:48 The zero: London, 2020 6:58 The towers: 2022 and Jio's debut SOURCES The Guardian (2005, via Himalayan Times; Julia Kollewe, Oct 20, 2026): the mother's split of the empire, the father with no will, and Jio's share offering Al Jazeera (June 18, 2005): what each brother got in the split London Commercial Court, judgment [2020] EWHC 272 (Comm), Judge Waksman (National Archives): the $100 million deposit, the eleven cars, the jet and the yacht, and where the Ericsson money came from Business Today (2016, 2017, 2020) and Gulf News (2020): the "zero net worth", the debt to Chinese banks, the end of RCom's voice service Free Press Journal, Outlook, and Moneylife (2019): the Supreme Court ultimatum, the payment to Ericsson, and Anil's thanks to Mukesh The Week and Moneylife (2020): the video cross-examination, the jewelry sold, and the single car Bloomberg (via The Peninsula, 2016 and 2017) and speech by Mukesh Ambani (Feb 21, 2017): the free calls, the hundred million customers, and the announced purchase of the towers Forbes (2018, "The Fortunate Son") and afaqs: the postcard dream, told as "according to" Forbes Medianama and Wharton (2010): the end of the non-compete agreement and the purchase of the small internet company AFP and UNI (March 2008): the 2008 Forbes list Business Today and Business Standard (December 2022): the purchase of the tower owner by Jio's arm CNBC (Oct 28, 2026) and Organiser (Oct 29, 2026): Jio's stock market debut Guinness World Records and Indian press: Antilia and the 168-car garage More stories: @pixelude-videos · True cases: @criminis-tv · Stories from around the world: @codexum-tv · Giant structures: @colossum-tv · The richest: @magnatum-tv · The human body: @anatomum · Everyday money: @tributum-tv · Rise and fall: @collapsis-tv