The billionaire businessman Mukesh Dhirubhai Ambani (born 19 April 1957) is the chairman and managing director of Reliance Industries Limited (RIL), a Fortune Global 500 company and one of India's largest companies. A Bloomberg Billionaires Index estimate of Ambani's net worth for February 2023 is $83.4 billion, making him the 10th richest person in the world and the richest person in Asia.
Mukesh Dhirubhai Ambani, the chairman and managing director of the Indian conglomerate Reliance Industries Limited (RIL), the largest company within the Indian energy and materials conglomerate Reliance Group, was born on April 19, 1957, in Aden, Yemen. The son of Dhirubhai Ambani, who first worked as a gas station attendant, was one of four children.
As a result of the increasingly unstable political climate in Aden, where Mukesh was born, the family moved to Bombay (now Mumbai)'s Bhuleshwar neighborhood in 1958, where they lived in a chawl (a communal building with low-rent two-room apartments). Dhirubhai and his cousin founded the Reliance Commercial Corporation, which grew into RIL from a commodities-trading business they operated out of a one-room rental.
Mukesh Ambani attended Hill Grange High School in Mumbai. After his secondary schooling, he attended St. Xavier's College, in Mumbai. From the Institute of Chemical Technology, he earned a BE degree in chemical engineering.
Upon completing his bachelor's degree in chemical engineering at the University of Bombay (now the University of Mumbai), Ambani pursued a master's degree in business administration at Stanford University but withdrew in 1980. His father felt that real-life skills are harnessed through experiences rather than by sitting in a classroom, so he called his son back to India from Stanford to lead a yarn manufacturing project in his company. He left the program in 1981 to join the family business, where he worked to diversify the company, venturing into a vast array of areas, including communications.
It has been reported that Ambani was influenced by his professors William F. Sharpe and Man Mohan Sharma because they were "the kind of professors who challenged you to think outside the box."
In 2004, PricewaterhouseCoopers named him one of the world's most respected business leaders for his work in infrastructure, petrochemicals, petroleum refining, polyester fibers, and gas and oil production.
In 1981, Dhirubhai Ambani enlisted the help of his son to assist with their family business, Reliance Industries Limited. By that point, it had expanded to include refining and petrochemicals, along with a range of products and services in retail and telecommunications. Its subsidiary, Reliance Retail Ltd., is now the largest retailer in India. Their telecommunication organization, Jio, has also moved into the top five since its public launch on 5 September 2016.
In 2016, Mukesh Ambani was listed as the 36th richest individual in the world and has consistently held the title of India's wealthiest person in Forbes magazine's list for a decade. Furthermore, he is the only Indian entrepreneur to be included in Forbes' list of the world's most influential people. By October 2020, his ranking had risen on Forbes to become the 6th-wealthiest person globally.
In July 2018, he overcame Jack Ma, executive chairman of Alibaba Group, to become Asia's richest person with an estimated net worth of $44.3 billion. Additionally, he is the wealthiest individual outside North America and Europe. According to China's Hurun Research Institute, Ambani was fifth among India's philanthropists in 2015. He was also appointed Director of Bank of America and was its first non-American board member.
Besides owning the Mumbai Indians in the Indian Premier League, he founded the Indian Super League, a football league in India, through Reliance. Forbes named him one of the world's richest sports owners in 2012.
After the passing of Dhirubhai in 2002, Kokilaben Ambani decided to have both Mukesh and Anil share the Reliance companies. Nevertheless, disagreements concerning leadership eventually caused their mother to divide the business's assets using a non-competition agreement (2006–10) with Mukesh receiving control of gas, oil, and petrochemicals units comprising RIL under the Reliance Group. Acknowledgement is given to Mukesh for erecting the world's largest start-up petroleum refinery as well as leading the construction of some cutting-edge manufacturing installations that remarkably improved RIL's production capabilities.
In 2006, Ambani was selected to join the India Economic Summit of the World Economic Forum (WEF) - an international organization comprising well-known CEOs, politicians, policymakers, academics, benefactors, trade unionists, and representatives from non-governmental organizations. Every year this consortium meets to deliberate on global commerce, economic issues, politics, and significant social matters.
In 2010, Ambani founded Jio Platforms, a subsidiary of RIL dedicated to telecommunications and e-commerce. In 2016, Jio launched the first nationwide 4G broadband network.
When Ambani became India's first trillionaire in 2007, he was simultaneously named the world's richest man by the Economic Times newspaper and Press Trust of India. Mumbai Indians, an Indian Premier League cricket team, were founded in the following year by him.
Approximately 15,000 crores is the approximate cost of Antilia, Mukesh Ambani's house is situated on Altamount road, Mumbai. He lives at the Antilia, one of the world's most expensive private residences.
Mukesh Ambani has two sons. Akash Ambani is the eldest son of Mukesh Ambani. He got married to Shloka Mehta in 2019.
Anant Ambani is the youngest son of Mukesh Ambani, chairman of Reliance Industries. Born in Mumbai on April 10, 1995, he is one of Mukesh Ambani's heirs. He recently got married to Radhika Merchant.
In 1990, Isha Ambani was born in Mumbai, Maharashtra, India to Mukesh Ambani & Nita Mukesh Ambani. December 12, 2018, was finalized as Isha Ambani and Anand Piramal's wedding date. Even though the pre-wedding celebrations were hosted in Udaipur, Rajasthan, the bride chose her maiden home in Mumbai to get married.
Nita Mukesh Ambani ( born 1 November 1963) is an Indian philanthropist. She is the chairman and founder of the Reliance Foundation, the Dhirubhai Ambani International School, and a director of Reliance Industries. Mukesh Ambani is the chairman and managing director of Reliance Industries.
Mukesh Ambani, the chairman of Reliance Industries, is known to have a large collection of luxury cars. Mukesh Ambani’s luxury car collection includes a variety of high-end, premium vehicles from brands such as Rolls -Royce, Mercedes-Benz, BMW, Porsche, Ferrari, and more.
Prithvi Ambani is the grandson of Mukesh Ambani. His son Akash Ambani welcomed his first son on 10 December 2020.
His daughter Isha Ambani welcomed a son Krishna and a girl Aadiya, the twins on 19 November 2022.
Mukesh Dhirubhai Ambani was born on 19 April 1957.
Reliance Industries Limited (RIL)
Reliance Jio Infocomm Limited
Reliance Retail Limited
Reliance Infrastructure Limited
Reliance Capital Limited
Reliance Industrial Infrastructure Limited
Reliance Power Limited
Reliance Natural Resources Limited
Reliance Petroleum Limited
Reliance Strategic Business Ventures Limited
Reliance Industrial Investments and Holdings LimitedReliance Chemicals Limited
Reliance Telecommunications Limited
Reliance Oil and Gas Exploration and Production Limited
Reliance Ports and Terminals Limited
Reliance Ports and Terminals Limited Reliance Entertainment Digital Limited
Reliance Maritime Limited.
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