1. Mukesh Dhirubhai Ambani was born on 19 April 1957 and is an Indian billionaire and businessman who is the chairman and managing director of Reliance Industries.
25 Facts About Mukesh Ambani
1. 2.
Mukesh Ambani is the richest person in Asia and 9th richest in the world.
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In October 2024, Ambani was ranked 1st on the Forbes list of India's 100 richest tycoons, with a net worth of $119.5 billion.
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Mukesh Ambani has a younger brother Anil Ambani and two sisters, Nina Bhadrashyam Kothari and Dipti Dattaraj Salgaonkar.
5.
Mukesh Ambani 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.
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Mukesh Ambani's family lived in a modest two-bedroom apartment in Bhuleshwar, Mumbai until the 1970s.
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The family's financial status slightly improved when they moved to India but Mukesh Ambani still lived in a communal society, used public transportation, and never received an allowance.
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Mukesh Ambani attended the Hill Grange High School at Peddar Road, Mumbai, along with his brother and Anand Jain, who later became his close associate.
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Mukesh Ambani then received a BE degree in chemical engineering from the Institute of Chemical Technology.
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Mukesh Ambani later enrolled for an MBA at Stanford University but withdrew in 1980 to help his father build Reliance, which at the time was still a small but fast-growing enterprise.
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Mukesh Ambani's father felt that real-life skills were harnessed through experiences and not by sitting in a classroom, so he called his son back to India from Stanford to take command of a yarn manufacturing project in his company.
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Mukesh Ambani set up Reliance Infocomm Limited, which was focused on information and communications technology initiatives.
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At the age of 24, Mukesh Ambani was given charge of the construction of Patalganga petrochemical plant when the company was heavily investing in oil refinery and petrochemicals.
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Mukesh Ambani directed and led the creation of the world's largest grassroots petroleum refinery in Jamnagar, India, which could produce 660,000 barrels per day in 2010, integrated with petrochemicals, power generation, port, and related infrastructure.
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In December 2013, Mukesh Ambani announced the possibility of a "collaborative venture" with Bharti Airtel in setting up digital infrastructure for the 4G network in India.
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On 18 June 2014, Mukesh Ambani said he will invest Rs 1.8 trillion across businesses in the next three years and launch 4G broadband services in 2015.
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In February 2014, a First Information Report alleging criminal offences was filed against Mukesh Ambani for alleged irregularities in the pricing of natural gas from the KG basin.
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Mukesh Ambani was elected as a member of the National Academy of Engineering in 2016 for engineering and business leadership in oil refineries, petrochemical products, and related industries.
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Mukesh Ambani was appointed as a Director of Bank of America and became the first non-American to be on its board.
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Mukesh Ambani is the only Indian businessman on Forbes' list of the world's most powerful people.
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Mukesh Ambani surpassed Jack Ma, executive chairman of Alibaba Group, to become Asia's richest person with a net worth of $44.3 billion in July 2018.
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Mukesh Ambani is the wealthiest person in the world outside North America and Europe.
23.
Mukesh Ambani was titled "The World's Richest Sports Team Owner" after he purchased the IPL cricket team Mumbai Indians for $111.9 million in 2008.
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Mukesh Ambani elected to do this even as RIL's total remuneration packages to its top management personnel increased during that fiscal year.
25.
Anant Mukesh Ambani recently donated a crown to Lalbaugcha Raja worth 15 crores.