Mukesh Ambani

Mukesh Ambani

Mukesh Dhirubhai Ambani is the chairman, managing director, and largest shareholder of Reliance Industries Ltd. He is the richest person in Asia with a net worth of US$81. 1 billion, and as of October 2020, the 6th richest in the world. Through Reliance, he also owns the Indian Premier League franchise Mumbai Indians and is the founder of Indian Super League.

About Mukesh Ambani in brief

Summary Mukesh AmbaniMukesh Dhirubhai Ambani is the chairman, managing director, and largest shareholder of Reliance Industries Ltd. He is the richest person in Asia with a net worth of US$81. 1 billion, and as of October 2020, the 6th richest in the world. Through Reliance, he also owns the Indian Premier League franchise Mumbai Indians and is the founder of Indian Super League, a football league in India. As of 2015, Ambani ranked fifth among India’s philanthropists, according to China’s Hurun Research Institute. He was appointed as a Director of Bank of America and became the first non-American to be on its board. He has consistently held the title of India’s richest person on Forbes magazine’s list for the past ten years. Ambani has been quoted as saying that he was influenced by his teachers William F. Sharpe and Man Mohan Sharma because they are ‘the kind of professors who made you think out of the box.’ He has a younger brother Anil Ambani and two sisters, Nina Bhadrashyam Kothari and Dipti Dattaraj Salgaocar. He lived only briefly in Yemen because his father decided to move back to India in 1958 to start a trading business that focused on spices and textiles.

His family lived in a modest two-bedroom apartment in Bhuleshwar, Mumbai until the 1970s. He later enrolled for an MBA at Stanford University but withdrew in 1980 to help his father build Reliance. By this time, it had already expanded so that it also dealt in refining and petrochemicals. The business also included products and services in retail and telecommunications industries. Reliance’s Jio has earned a top-five spot in the country’s telecommunication services since its public launch on 5 September 2016. In July 2018, he surpassed Jack Ma, executive chairman of Alibaba Group, to become Asia’S richest person with anet worth of USD 44. 3 billion. As Of October 2020,. Mukesh Ambani was ranked by Forbes as the6th-wealthiest person in the World. He resides at the Antilia Building, one of the world’s most expensive private residences with its value reaching USD 1 billion.