financetom
Business
financetom
/
Business
/
Happy Birthday Mukesh Ambani: Know amazing facts about Asia’s richest man
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Happy Birthday Mukesh Ambani: Know amazing facts about Asia’s richest man
Apr 18, 2023 9:47 PM

Mukesh Ambani, the Chairman and largest shareholder of Reliance Industries Limited (RIL), turns 66 today, April 19. As Asia’s richest man, he is one of the most influential business leaders in the world.

Share Market Live

NSE

Born in Yemen in 1957, Mukesh Ambani moved to Mumbai at a young age. Reliance Industries was founded by his father Dhirubhai Ambani in 1966 as a small textile manufacturer. After his father’s death in 2002, Mukesh Ambani and his younger brother Anil divided up the family empire.

Net worth

According to Forbes, Mukesh Ambani's net worth as of April 18, 2023 was $84.2 billion, making him the 14th richest person in the world. This is largely due to his stake in RIL, which is worth over $104 billion.

Early career

After completing his education, Mukesh Ambani joined his father's business, Reliance Industries Limited. He played a key role in expanding the company's operations from textiles to petrochemicals, refining and oil and gas exploration. Today, RIL is one of the largest conglomerates in India, with interests in sectors such as telecommunications, retail, and media.

Philanthropy

Mukesh Ambani and his wife Nita Ambani are known for their philanthropic work too. They have donated billions of dollars to causes such as education and healthcare.

Home

Mukesh Ambani's home in Mumbai, Antilia, is one of the most expensive residences in the world. The 27-storey building is valued at over $2 billion and features a range of luxurious amenities, including a ballroom, a spa, and helipads.

Business ventures

In addition to RIL, Mukesh Ambani has been involved in a number of other business ventures. He owns the Mumbai Indians, a franchise team in the Indian Premier League, and has launched Jio, a telecommunications company that has revolutionised the industry in India. Jio offers 4G services at a fraction of the cost of its competitors and has over 400 million subscribers. It is also the leading telecom provider in 5G services, with availability in 2,345 cities or towns across 34 states or Union territories.

Awards

Mukesh Ambani has been ranked among the world’s most famous and reputable CEOs by the Global Brand Guardianship Index 2021. Ambani has received several accolades, including the Iconic Business Leader of the Decade Award in 2020, TIME 100 Most Influential People in 2019, and Businessman of the Year in 2010. He has been recognised as the fifth-best performing CEO in the world by the Harvard Business Review.

Disclaimer: Network18, the parent company of CNBCTV18.com, is controlled by Independent Media Trust, of which Reliance Industries is the sole beneficiary.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Suzlon's S144–3 MW wind turbines get big boost from Indian government
Suzlon's S144–3 MW wind turbines get big boost from Indian government
Nov 15, 2023
Th Suzlon wind turbines received the RLMM (Revised List of Models & Manufacturers) listing from the Ministry of New and Renewable Energy, marking an important milestone for the successful commercialisation of the product. Shares of Suzlon Energy Ltd ended at ₹40.49, up by ₹1.85, or 4.79%, on the BSE.
Tata Power Renewable Energy wins 200-MW project in collaboration with SJVN
Tata Power Renewable Energy wins 200-MW project in collaboration with SJVN
Nov 28, 2023
The firm and dispatchable renewable energy (FDRE) project, designed with a hybrid of solar, wind, and battery storage, is aimed at providing a stable and dispatchable energy supply during peak hours. Shares of Tata Power Company Ltd ended at ₹270.75, up by ₹12.60, or 4.88%, on the BSE.
SJVN secures 200-MW wind power project at ₹3.24 per unit
SJVN secures 200-MW wind power project at ₹3.24 per unit
Nov 16, 2023
Projected to generate 482 million units in its inaugural year post-commissioning, the cumulative energy generation over a 25-year span is anticipated to reach 12,050 million units. Shares of SJVN Ltd ended at ₹75.17, down by ₹0.50, or 0.66%, on the BSE.
This sustainable jewellery brand is luring some women away from gold
This sustainable jewellery brand is luring some women away from gold
Oct 30, 2023
Aulerth's offerings range from ₹5,000 to as high as ₹2.8 lakh. Are women willing to spend this much on jewellery made from scrap? Founder and CEO Vivek Ramabhadran definitely believes so. Aulerth produces couture-inspired pieces in association with designers like JJ Valaya, Suneet Varma, among others. It has reported 33% repeat customers in the past year and expects a spike to 40% soon.
Copyright 2023-2026 - www.financetom.com All Rights Reserved