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World’s fifth richest man pays Rs 4000000 to Mukesh Ambani every month due to…., his net worth is Rs…
Jio World Plaza is a part of the Jio World Centre, the multifaceted landmark which is spread across 18.5 acres in Bandra Kurla Complex.
Mukesh Ambani — a name that has become synonymous with wealth — has established his business empire across India through the vast network of Reliance Industries. As of April 18, 2025, Mukesh Ambani’s net worth is estimated at $96.3 billion, according to Forbes’ real-time billionaire tracker. At present, he is the RIL Chairman and Managing Director. Mukesh Ambani also serves as the Chairman of the Board of Governors for Pandit Deendayal Energy University. Above all this, this man, one of the world’s richest individual, is a tenant of Mukesh Ambani and pays Rs 40 lakh (4 million rupees) in rent every month.
Strategically located in the heart of BKC, Mumbai, Jio World Plaza sits on the cusp of the Island City (south Mumbai), western and eastern suburbs. As a one-of-a-kind luxury retail destination, Jio World Plaza is a part of the Jio World Centre, the multifaceted landmark which is spread across 18.5 acres in Bandra Kurla Complex. As per the official website of Jio World Plaza, the retail centre houses flagship stores of Louis Vuitton, Gucci, Dior, Cartier, Bally, and Giorgio Armani. Other global brands such as Valentino, Bulgari, Tory Burch, Saint Laurent, Versace, Tiffany & Co, and Pottery Barn are also a part of this retail landscape for the first time.
In a landmark retail deal, luxury brand Louis Vuitton has secured a premium space at Mukesh Ambani’s Jio World Plaza, paying Rs 40.5 lakh (around $48,600) in monthly rent. Located in Mumbai’s upscale Bandra-Kurla Complex (BKC), the 7,365-square-foot store is now Louis Vuitton’s largest outlet in India.
As of April 18, 2025, Bernard Arnault & family’s net worth is estimated at $145.6B, according to Forbes’ real-time billionaire tracker. Going by the Forbes World’s Billionaires List(2025), Bernard Arnault & family is ranked at fifth position with $178 B, while Mukesh Ambani is ranked at 18th position with $92.5B.
Other high-end brands at Jio World Plaza are also paying substantial rents. Christian Dior occupies two units, totaling 3,317 square feet, with a monthly rent of Rs 21.56 lakh (about $26,000). Meanwhile, Balenciaga, which launched its first store in India at this venue, is reportedly paying Rs 40 lakh (around $48,000) per month. As per a DNA report, Louis Vuitton’s rent comes to approximately ₹550 per square foot, which is on par with other high-end malls like Maker Maxity, where rents range from ₹500 to ₹505 per square foot.