mukesh Ambani

Born April 19, 1957 (1957-04-19) (age 52)

Aden, Yemen[1]
Residence Mumbai, India
Nationality Indian
Occupation Chairman, Managing Director of Reliance Industries
Net worth ▲ US$19.5 billion (2009)[2]
Religious beliefs Hindu
Spouse(s) Nita Ambani
Children Isha, Anant and Akash [3]
Mukesh Ambani a Businessman (born on April 19, 1957 in Aden, Yemen) is an Indian
businessman. He is the chairman, managing director and the largest shareholder
of Reliance Industries, India's largest private sector enterprise and a Fortune
500 company. [4] His personal stake in Reliance Industries is 48%.[5] His wealth
is valued at Rs. 196000 crores(INR) (according to Forbes), making him the riche
st Indian in the world, the richest man in Asia as well as world's 4th richest p
erson.[6]
Mukesh and younger brother Anil are sons of the late founder of Reliance Industr
ies, Dhirubhai Ambani. Mukesh also owns the Indian Premier League team Mumbai In
dians.
Education
Mukesh holds a Bachelor of Chemical Engineering from the University of Mumbai, D
epartment of Chemical Technology(UDCT,now ICT). He began the MBA program at Stan
ford Business School, but dropped out after his first year.
Career
Mukesh Ambani joined Reliance in 1981 and initiated Reliance's backward integrat
ion from textiles into polyester fibres and further into petrochemicals. In this
process, he directed the creation of 60 new, world-class manufacturing faciliti
es involving diverse technologies that have raised Reliance's manufacturing capa
cities from less than a million tonnes to twelve million tonnes per year.
He directed and led the creation of the world's largest grassroots petroleum ref
inery at Jamnagar, Gujarat, India, with a present capacity of 660,000 barrels pe
r day (105,000 m³/d) (33 million tonnes per year) integrated with petrochemicals,
power generation, port and related infrastructure, at an investment of Rs 100000
crore (nearly $26 billion USD). He is about to inaugurate his second refinery i
n Motikhavdi, Jamnagar soon.
Mukesh Ambani set up one of the largest telecommunications companies in India in
the form of Reliance Communications (formerly Reliance Infocom) Limited. Howeve
r, Reliance Infocom now is under Anil Dhirubhai Ambani Group post the brothers'
split.
Under him Reliance Retail has also launched a new chain called Delight stores an
d also signed a letter of intent with NOVA Chemicals to make energy-efficient st
ructures for Reliance Retail.
Ambani owns the Indian Premier League team Mumbai Indians.
He is also a member of Council on Foreign Relations[7] Mukesh Ambani is now the
co-chairman of Reliance Industries Limited.
Achievements
Chosen the businessman of the year 2007 by a public poll in India conducted by N
DTV
Conferred the United States-India Business Council (USIBC) leadership award for
"Global Vision" 2007 in Washington.
Ranked 42nd among the World's Most Respected Business Leaders and second among t
he four Indian CEOs featured in a survey conducted by Pricewaterhouse Coopers an
d published in Financial Times, London, November 2004.
Conferred the World Communication Award for the Most Influential Person in Telec
ommunications in 2004 by Total Telecom, October, 2004.
Honorary Fellow of IChemE (the Institution of Chemical Engineers)
[edit] Personal Life
Mukesh likes to visit Kruger National Park in South Africa.[8]The latest item in
his portfolio is cricket. He owns the Mumbai Indians team. His bid of $111.9 mi
llion dollars pipped Vijay Mallya's chances of owning the team. Vijay Mallya's b
id was of 111.6 million dollars.