Mukesh Ambani Biography
Mukesh Ambani comes ninth among the richest men in the world with his highest income. He is an Indian business tycoon and also the chairman of a well-known company all over the world “Reliance Industries Limited”.
About Mukesh Ambani
Mukesh Ambani Companies
Mukesh Ambani is an Indian business tycoon and chairman of тАШReliance Industries LimitedтАЩ (RIL). He is ranked among the richest people in the world. He was the richest person in India for a very long period of time but now he is taken over by Gautam Adani
Ambani is considered to be one of the worldтАЩs most powerful personalities. His brilliance and success can be evaluated in the terms of market value by the fact that his company is currently India’s most valuable company.
He joined тАШReliance IndustriesтАЩ and assisted his father in the establishment of the textile industry, after completing his education. With his hard work and sincerity, he expanded the business to different sectors, including petrochemicals, retail, and telecommunications.
The company was divided into two parts between him and his brother Anil, after the death of his father, he and his brother parted ways. His intense business sense and will to scale greater heights made him an icon for the development of the business sector in India.
He has created great wealth not just for his family, but also for thousands of his shareholders and employees. He is a living legend among the business community of India and serves as an inspiration to millions of people around the world.
Mukesh Ambani Early Life and Childhood
Birth Place And Age Of Mukesh Ambani
Mukesh Ambani was born on 19 April 1957 to a father Dhirubhai Ambani and a mother Kokilaben Ambani in Aden, Yemen. He has three siblings in total including two sisters Dipti Salgaoncar and Nina Kothari and one younger brother Anil Ambani. as well as according to his date of birth this powerful businessman age is 65 years old.
Mukesh Ambani Dad
Before moving to Mumbai in 1958 Dhirubhai Ambani worked at a firm in Yemen. In Mumbai, at first, he started his own business of spices, and after he focused on the textile business and became one of India’s most well-known business personalities.
Mukesh Ambani Education Qualification
Mukesh completed his schooling along with his brother Anil Ambani from the ‘Hill Grange High School ‘, Mumbai. For pursuing his graduation he joined the “Institute Of Chemical Technology” in Matunga where he obtained BE degree in chemical engineering.
Mukesh went to the USA for doing a master’s degree in business administration (MBA). He pursued his MBA at “Stanford University” but later he had to drop out to assist his father in establishing ‘Reliance industries’.
Career
Mukesh Ambani Company List
- Upon returning, he helped his father in setting up a polyester filament yarn (PFY) manufacturing plant. In 1981, he officially joined the тАШReliance Industries.тАЩ
- He emerged as the originator of RelianceтАЩs backward integration from textiles to polyester fiber and later into petrochemicals. During the process, he led the creation of 51 new, world-class manufacturing facilities that involved diverse technologies which raised Reliance’s manufacturing capacity.
- He also helped in the establishment of тАШReliance Infocomm LimitedтАЩ which focused on information and communications technology initiatives. After the business was divided between the two brothers, his younger brother took over the company which is now known as тАШReliance Communications Limited.тАЩ
- In 2008, his company тАШReliance IndustriesтАЩ bought a cricket team worth $111.9 million (Mumbai Indians) in тАШThe Indian Premier League.тАЩ
- His company currently operates in five major segments: exploration and production, refining and marketing, petrochemicals, retail, and telecommunications. It is ranked among the тАШFortune Global 500тАЩ companies and is India’s most valuable company by market value.
- He served on the board of directors of тАШBank of America CorporationтАЩ and on the тАШInternational Advisory Board of the Council on Foreign Relations.тАЩ He has also served as the chairman of the тАШBoard of the Indian Institute of Management BangaloreтАЩ (IIMB).
- He revolutionized the Indian network communications by setting up the digital infrastructure of the 4G network and forming the тАШReliance Jio Infocomm Limited,тАЩ popularly known as тАШJio,тАЩ which was made available in September 2016.
- His company тАШRelianceтАЩ has partnered with many international companies, such as тАШBP plcтАЩ (British Petroleum Company plc), тАШNiantic Inc.,тАЩ тАШNetwork 18,тАЩ and тАШEros InternationalтАЩ among many other companies.[1]
Mukesh Ambani Accomplishments and Awards
- In 2004, he received the тАШWorld Communication AwardтАЩ for the тАШMost Influential Person in TelecommunicationsтАЩ from тАШTotal Telecom.тАЩ
- In 2007, he was awarded the тАШUnited States-India Business Council Leadership AwardтАЩ by the тАШUnited States-India Business Council.тАЩ The same year, he won the тАШChitralekha Person of the Year Award,тАЩ presented by the government of Gujarat.
- In 2010, he was named the тАШBusiness Leader of the YearтАЩ by тАШNDTV IndiaтАЩ and тАШBusinessman of the YearтАЩ by the тАШFinancial Chronicle.тАЩ
- In 2010, he was presented with the тАШSchool of Engineering and Applied Science Dean’s MedalтАЩ by the тАШUniversity of Pennsylvania.тАЩ
- In 2010, he also won the тАШGlobal Leadership Award,тАЩ presented by the тАШBusiness Council for International Understanding.тАЩ
- In 2010, he received the Honorary Doctorate (Doctor of Science) degree from the тАШMaharaja Sayajirao University,тАЩ Baroda.
- In 2014, he was ranked 36 on тАШForbesтАЩ list of the world’s most powerful people. In 2018, he was ranked 32 on the same list.
- He was honored with the тАШAsia Society Leadership AwardтАЩ by the тАШAsia Society,тАЩ Washington D.C., USA.
- He won the тАШET Business Leader AwardтАЩ in 2017 for тАШCorporate Excellency.тАЩ
- He was also ranked among the тАШFortuneтАЩ magazineтАЩs тАШ50 Greatest Leaders of 2018.тАЩ[1]
Mukesh Ambani’s Net Worth
Mukesh Ambani’s estimated net worth in 2023 is about 8,820 crores USD . He has an ownership stake of 42% in Reliance Industries worth $96.5 Billion. Other assets include his Mumbai residential property worth $410 million as a private asset.
Mukesh Ambani’s Personal Life
Mukesh Ambani All Family
Mukesh Ambani married Nita Ambani in 1985. They both are blessed with three children named Anant Ambani, Akash Ambani, and Isha Ambani.
They live in Antilia, a private 27-story building in Mumbai, which was valued at US$1 billion and was the most expensive private residence in the world at the time it was built. The building requires a staff of 600 for maintenance, and it includes three helipads, a 160-car garage, a private movie theater, a swimming pool, and a fitness center.
In February 2019, Mukesh helped his brother with 463 crores in a bailout when Anil was guilty of contempt of court which involved a partnership with ‘Ericsson’.
Mukesh Ambani Quotes
FAQ
Who is Radhika Merchant?
Radhika Merchant, the girl of Encore Healthcare CEO Viren Merchant, is a businesswoman. Radhika was spotted at Isha Ambani and Anand Piramal’s wedding, together with Akash Ambani and Shloka Mehta’s.
Is Mukesh Ambani born rich?
┬аAmbani (birthed 19 April 1957) is an Indian business tycoon. He is the chairman and CEO of Reliance Industries Ltd. (RIL), a Fortune Global 500 business and India’s most valuable company in terms of market capitalization.
How much does Mukesh Ambani work in a day?
He arrives at work between 10 and 11 a.m. and spends nearly 12 hours a day dedicated to his work, returning only at 11 p.m.
What is the cost of Isha Ambani wedding lehenga?
Isha Ambani and Anand Piramal own the following expensive items: A five-story ocean mansion worth Rs 450 crore, a wedding lehenga worth Rs 90 crore, a massive ship of luxurious wheels, and more.