MUKESH AMBANI
BIOGRAPHY:-
Who Is Mukesh Ambani
Mukesh Dhirubhai Ambani is popularly known as Mukesh Ambani. He is an Indian businessman, entrepreneur, and famous industrialist. Mukesh Ambani is the richest person in India as well as the whole of Asia, he was born on 19 April 1957 in Aden, the capital of Yemen. It is the owner of the famous Reliance Industries and Jio Mobile Industry. Today Mukesh Ambani is one of the richest people in the world with USD 93 billion and is ranked among the 11th richest person in the world.
Mukesh Ambani, whose name hardly anyone knows, whether we talk about India or abroad, the name of Mukesh Ambani is famous everywhere because he is one of the richest people in Asia, and is among the top ten businessmen of Asia. Comes on top one in the list. Mukesh Ambani is currently working as the Chairman and MD of Reliance Industries Limited Company, and his company is one of the most popular companies all over the world.
Mukesh Dhirubhai Ambani (born 19 April 1957 in Yemen) is an Indian businessman and according to India Times, his net worth is approximately $48 billion as of 31 March 2020. He is the chairman, managing director, and largest shareholder of Reliance Industries. It is the largest private sector and Fortune 500 company in India. His personal stake in Reliance Industries is 87.56%.
Name – Mukesh Ambani
Date of Birth – 19 April 1957 (Yemen, Aden)
Age – 64 years (2021)
Profession – Businessman, Entrepreneur, Industrialist
Net-Worth – $92.7 Billion
Wife – Nita Ambani
World Rank – 11th
Inda Rank – 1 (1st position)
Industry – Reliance Industries
Hometown – Mumbai, Maharashtra
Caste – Vaish (Gujarati Modh Bania)
Nationality – Indian
Mukesh Ambani, born in the year 1957, is the son of Dhirubhai Ambani, who was one of the well-known industrialists of India. Reliance Industries was founded by Dhirubhai Ambani. In fact, at the time when Mukesh Ambani was born in Yemen, Mukesh Ambani’s father Dhirubhai Ambani used to live in Yemen with his wife. Dhirubhai Ambani’s mother’s name is Kokilaben Ambani, and Mukesh Ambani also has a brother, whose name is Anil Ambani. This is also one of the well-known industrialists of India, Who is currently the head of Reliance Industries. Mukesh Ambani also has two sisters, named Neena and Deepti Ambani, who is currently leading a happily married life.
Education –
Mukesh Ambani did his early studies at Hill Grace High School in Mumbai, after which he did his graduation as a Chemical Engineer from the Chemical Industrial Institute of Mumbai. After completing his graduation, Mukesh Ambani took admitted to the Stanford University of America to get further education and after this, it is said that Mukesh Ambani left his studies in the middle and expressed his desire to come back to India and return to India. Have come.
Family
Mukesh Ambani is the son of the late Dhirubhai Ambani, India’s most prolific industrialist. Dhirubhai Ambani was an Indian entrepreneur and the founder of Reliance Industries.
His brother Anil Ambani is the head of Reliance (Anil “Dhirubhai Ambani” group). The group works in the fields of telecommunications, power, natural resources, infrastructure, and financial services. After the death of the father, the two brothers had a much-publicized feud, after which the Reliance Group split into two.
Mukesh Ambani’s wife Nita Ambani looks after the social and charitable work of Reliance Industries. They have three children: Akash, Isha, and Anant.
His family belongs to the (Modh Bania) community of Gujarat. His mother’s name is Kokila Ben Ambani.
Achievements
He was elected as the Businessman of the Year 2007 in a public election conducted by NDTV.
The United States-India Business Council (USIBC) presented the Leadership Award for “Global Vision” in Washington in 2007.
Ranked 42nd among the most respected business leaders in the world. Ranked second out of four CEOs in a survey conducted by Price Water House Coopers and published in the Financial Times, London in November 2004.
In October 2004, Total Telecom was given the World Communication Award as the most influential person in the field of telecommunications.
Voice and Data magazine named Telecom Man of the Year in September 2004.
Ranked 13th in the Asia Power 25 list of the most powerful businessmen in the August 2004 issue of the magazine.
Asia Society Leadership Award presented by Asia Society, Washington DC. USA, May 2004.
Ranked first for the second consecutive year in The Power List 2004 in India Today’s March 2004 issue.
India’s first Trillionaire was elected in June 2007.
Received the “Chitralekha Person of the Year-2007” award from the Chief Minister of Gujarat, Narendra Modi.
NETWORTH
Mukesh Ambani remains at the first position in the ‘Forbes India Rich List 2021’. His net worth is estimated at $92.7 billion. In this way, Ambani has become the richest person in India for the 14th consecutive time on this prestigious list by Forbes. Last year his net worth stood at $88.7 billion. Adani Group chief Gautam Adani is second, HCL Tech’s Shiv Nadar third, Avenue Supermart’s Radhakishan Damani fourth, and Serum Institute of India’s Cyrus Poonawalla fifth on the list of India’s richest people.
Mukesh Ambani earns Rs 2.35 lakh per minute which is more than the average annual earning of an Indian. In this way, every minute is earning so much… – According to the data, the earnings of Reliance Industries were Rs 27,630 crore in 2015-2016. Mukesh Ambani’s stake in the company as a promoter is 44.7%.
According to the real-time list of Forbes, the net worth of Mukesh Ambani is currently $ 90.5 billion. His net worth is $89.2 billion on the Bloomberg index.
With a net worth of Rs 7,18,000 crore, Reliance chairman Mukesh Ambani has retained the title of being the richest Indian for the 10th consecutive year, a report released by IIFL Wealth and Hurun India has said. Meanwhile, for the first time, both Adani brothers feature in the top 10 richest Indian list 2021.
BUSINESS
In 1981, he started helping his father in running the industry and joined Reliance and moved forward from Reliance’s old search result textile industry into polyester fiber and then petrochemical. In the process, he directed the creation of 60 new, world-class, manufacturing facilities with various technologies, taking Reliance’s production capacity from 1 million tonnes per annum to 12 million tonnes per annum.
He established the world’s largest basic level petroleum refinery at Jamnagar (Gujarat, India). At present, its capacity is 660,000 barrels per day i.e. 33 million tonnes per annum. Made with an investment of 100000 crore rupees (about 26 billion US dollars), this refinery has petrochemical, power generation, port, and related infrastructure.
Mukesh Ambani founded Reliance Communications Limited, one of the largest telecom companies in India. However, after the separation between the two brothers, Reliance Infocomm moved to the Anil Dhirubhai Ambani Group. Under Ambani’s leadership, Reliance entered the retail market under its wholly-owned subsidiary, Reliance Retail. The telecommunications industries also include products and services. Reliance’s Jio has made it to the top five in the country’s telecom services since its public launch on 5 September 2016.
Under his leadership, Reliance Retail has also launched a new chain of Delight stores. and has also tied up with Nova Chemicals to make Reliance Retail energy efficient.
Ambani is the owner of the Indian Premier League team Mumbai Indians, which reached the finals in 2013. He has also established Dhirubhai Ambani International School in Mumbai.
When Mukesh Ambani was 18 years old, he started handling his father’s business, at the same age, Dhirubhai Ambani had included Mukesh Ambani as the board member of his company Reliance Industries.
By the way, Mukesh Ambani got his business i.e. Reliance Industry, due to which he has reached such a big stage today, he inherited this business from his father, But with his hard work and dedication, Mukesh Ambani has taken his father Dhirubhai Ambani’s Reliance industry to a different position in the world today, from which we can say that Mukesh Ambani was worthy of the industry he had inherited. Also, today his entire family, his wife Nita Ambani, and all their children give their full support to this company, due to which today the Reliance Industry does a business of 230 billion USD i.e. 1710000 crores.
Bifurcation of reliance industry into two groups
Everything was going well, but after the death of Dhirubhai Ambani in the year 2002, due to some controversial issues, Dhirubhai Ambani’s company Reliance Industry was divided into two groups, from which Mukesh Ambani got a group, which he named Reliance Industries Limited. and the second group went to Anil Ambani, which he named Anil Dhirubhai Industries.
Major Company Of Mukesh Ambani
1. Network 18
Before starting Jio and Reliance Petroleum, Mukesh Ambani founded Network18, an Indian media company, founded in 1996. As a private limited company in 1996, the company was converted into a public limited company in 2006. Web18 Software Services, TV18 Broadcast, is the holding company of Capital18 Network18.
2. Jio
Jio is a mobile industry company, which was established on 15 February 2007. In today’s time, there will be hardly anyone in India and the world who does not know the name of Jio, because Jio made such a splash in the market as soon as it came, that today Jio is sitting in the mobile industry market with its own identity. Today, there are a lot of users of Jio across India, which has gone far ahead even behind the Airtel company which has been running for many years. And now the Jio company has also launched its Jio Fiber, which is slowly gaining a lot of market at the present time.
3. Reliance Petroleum
Petroleum is an Indian petroleum company, known gem as one of the largest private sector companies in India. And the owner of INS company is Mukesh Ambani, whose headquarter is located in Ahmedabad, Gujarat.
4. Reliance Retail
Reliance Retail is an Indian retail company and a subsidiary of Reliance Industries Limited, which was established about 16 years ago in 2006. The founder of this company is Mukesh Ambani, which is headquartered in Mumbai and located in Maharashtra.
5. Reliance Life Sciences
The area of this business is medicine, and biotechnology, and many works are done under the manufacturing of Reliance Industries products.
6. Football Sports Development Limited
It is an Indian company that is run as a subsidiary of Reliance. It has been established to run the Football League.
7. Reliance Industrial Infrastructure Limited
Its scope of work is related to the infrastructure of the industry.
EDUCATION
Ambani attended Hill Grange High School in Pedder Road, Mumbai with his brother and Anand Jain, who later became his close associate. He obtained his BE degree in Chemical Engineering from the Institute of Chemical Technology. Ambani later enrolled for an MBA at Stanford University. In 1980, he left his degree midway to help his father with Reliance. Which was a small but fast-growing enterprise at that time. “Dhirubhai believed that real-life skills are acquired through experiences and not by sitting in a classroom.” So he called him (Mukesh Ambani) back from Stanford to India to take command of a thread manufacturing project in his company.
Main work
His vision resulted in the creation of the world’s largest ground-level petroleum refinery at Jamnagar in India. The refinery is integrated with petrochemicals, power generation, ports, and related infrastructure. One of his most notable works includes the founding of ‘Reliance Communications Limited’, the world’s largest and most complex information and communication technology initiative.
