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Tuesday 29 March 2011

MR.MUKESH AMBANI


  • Mukesh Ambani
  • From Wikipedia, the free encyclopedia

  • Mukesh Ambani
    मुकेश अंबानी

    Mukesh Ambani
    Born19 April 1957 (age 53)
    AdenColony of Aden (nowYemen)[1]
    ResidenceMumbai, Maharashtra
    NationalityIndian
    Alma materUniversity of Bombay
    Stanford University (Dropout)
    OccupationChairman & MD of Reliance Industries
    Net worthdecreaseUS$27 billion (2011)[2]
    ReligionHindu
    SpouseNita Ambani
    ChildrenAkash, Anant, Isha[3]
    RelativesAnil Ambani (Brother)
  • Mukesh Dhirubhai Ambani (born on 19 April 1957) is an Indian business magnate is the current chairman and managing director 
  • ofReliance Industries,[4] the largest private sector enterprise in India, a Fortune 500 company,[5] and one of the largest private 
  • sectorconglomerates in the world. His personal stake in Reliance Industries is 48%.[6]
  • In 2010, he was named among the most powerful people in the world by Forbes in its list of "68 people who matter most"[7] As of 2011,
  •  he is the second richest man in Asia[8] and the ninth richest man in the world with a personal wealth of US$27 billion. In 2007, 
  • a strong rally in the Indian stock market and the appreciation of the Indian rupee boosted the market capitalisation of Reliance group 
  • companies, briefly making him the world’s richest man.[9][10][11] According to Forbes Magazine forecasts, he is expected to regain the title of
  •  the richest man in the world in 2014.[12][13]
  • He is a member of the board of director of Bank of America Corporation and a present member of the international advisory
  •  board ofCouncil on Foreign Relations.[14][15][16]

  • Mukesh Ambani is the eldest son of Dhirubhai Ambani, the late founder of Reliance Industries.[17] He has a brother, Anil, and two sisters.



  • Early life and education
  • The Ambani family lived in a two bedroom apartment in BhuleshwarMumbai until the 1970s.[18]
  •  Dhirubhai Ambani then purchased a 14-floor apartment block called 'Sea Wind' in Colaba, where, until recently,
  •  Mukesh and Anil each lived with their families on different floors.[19]
  • Anil Ambani is also a billionaire and owns a competing company, Reliance Anil Dhirubhai Ambani Group
  • The two brothers have had clashes over business.

  • He joined Reliance Industries in 1981.[20] He initiated Reliance's backward integration journey from textilesCareer
  •  into polyester fibres and further into petrochemicals, petroleum refining and going up-stream into oil and gas exploration and production.
  • Ambani set up one of the largest and most complex information and communications technology initiatives in the
  •  world in the form of Reliance Infocomm Limited (now Reliance Communications Limited).
  • Ambani directed and led the creation of the world’s largest grassroots petroleum refinery at Jamnagar, India, with a current capacity of 660,000 
  • barrels per day (33 million tonnes per year) integrated with petrochemicals, power generation, port and related infrastructure.[21]
  • Awards and Honours
  • Year of Award or HonorName of Award or HonorAwarding Organization
    2010School of Engineering and Applied Science Dean's MedalUniversity of Pennsylvania.
    2007United States-India Business Council Leadership AwardUnited States-India Business Council.
    2007Chitralekha Person of the Year AwardGovernment of Gujarat.
    2004World Communication AwardTotal Telecom.
  • London, November 2004: He was Ranked 42nd among the World's Most Respected Business Leaders and second 
  • among the four Indian CEOs featured in a survey conducted by Pricewaterhouse Coopers and published in Financial Times.
  • September 2004: He was Chosen Telecom Man of the Year 2004 by Voice and Data magazine.
  • He is ranked 13th in Asia's Power 25 list of The Most Powerful
  • H is a former Chairman of Indian Institute of Management Bangalore(IIM-B).
  • He is a Honorary Fellow of IChemE (the Institution of Chemical Engineers)
  • Personal life
  • He is married to Nita Ambani and has three children, Akash, Anant and Isha.[22] He owns the Indian Premier League team,
  •  the Mumbai Indians.
  • They live in a private 27 story building in Mumbai named Antilia.[23] It is estimated to be valued at over US$1 Billion to build. 
  • It is claimed to be the most expensive home in history.[24]


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