"Money has never meant much to me.. I abhor the labels and the titles that all of you refer to me," Mr Ambani said at the HT Leadership Summit.
"To me, resources enable you to take risks from a company point of view. It gives you a little bit of flexibility," the richest man in India said.
"On a personal level, very few people know this from childhood, in school and now, I have never carried money. I don't have a credit card, I don't carry cash in my pocket. I always have somebody around me who pays for me. So that works," said Mr Ambani.