Mukesh Ambani
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| Mukesh Ambani मुकेश अंबानी | |
|---|---|
 Mukesh Ambani | |
| Born | 19 April 1957 Aden, Colony of Aden (nowYemen)[1] |
| Residence | Mumbai, Maharashtra |
| Nationality | Indian |
| Alma mater | University of Bombay Stanford University (Dropout) |
| Occupation | Chairman & MD of Reliance Industries |
| Net worth |  US$27 billion (2011)[2] |
| Religion | Hindu |
| Spouse | Nita Ambani |
| Children | Akash, Anant, Isha[3] |
| Relatives | Anil 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]
Contents[hide] |
Early life and education
Mukesh Ambani is the eldest son of Dhirubhai Ambani, the late founder of Reliance Industries.[17] He has a brother, Anil, and two sisters.
The Ambani family lived in a two bedroom apartment in Bhuleshwar, Mumbai 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.
Career
He joined Reliance Industries in 1981.[20] He initiated Reliance's backward integration journey from textiles 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 Honor | Name of Award or Honor | Awarding Organization |
|---|---|---|
| 2010 | School of Engineering and Applied Science Dean's Medal | University of Pennsylvania. |
| 2007 | United States-India Business Council Leadership Award | United States-India Business Council. |
| 2007 | Chitralekha Person of the Year Award | Government of Gujarat. |
| 2004 | World Communication Award | Total 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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