Several business families of India have played a crucial role in developing the Indian Economy and provided employment opportunities to hundreds of thousands of Indians in the last few decades. Ambani family with their Reliance Industries is among these families who have their business units in different sectors of the Indian Economy. Dhirubhai Ambani laid down the foundation for this huge business empire of Reliance Industries with the spice business under the company name of Reliance Commercial Corporation. Since then, Reliance Industries has come a long way and has now diversified in many businesses.
After the Reliance Business empire split in 2005, two separate business entities headed by Mukesh Ambani and Anil Ambani emerged. And the elder son of Dhirubhai Ambani, Mukesh Ambani, has taken his father's business legacy to new heights. He has been ranked as the Richest Man in Asia several times in the last decade. So, people always want to learn more about such an inspiring and successful personality. And, thus in the following article, we will know more about Mukesh Ambani.
Early Life of Mukesh Ambani
On April 19, 1957, Mukesh Ambani was born in Yemen to the founder of Reliance Industries, Dhirubhai Ambani and Kokilaben Ambani. Mukesh did not get to live for long in Yemen, and soon his family moved back permanently to India. He has a younger brother, Anil Ambani and two sisters, Nina Bhadrashyam Kothari and Dipti Salganonkar.
Education of Mukesh Ambani
Mukesh Ambani completed his primary education at the Hill Grange High School, Mumbai. He completed his higher school education at St. Xavier's College, Mumbai. Also, Mukesh Ambani holds a B.E. (Bachelor of Engineering) degree in Chemical Engineering, which he completed from the Institute of Chemical Technology.
Later, Mukesh Ambani decided to pursue MBA from Stanford University but soon decided to drop out as his father, Dhirubhai Ambani, called him back to India to take command of his business units.
Mukesh Ambani started his career by taking charge of the different business units of Reliance Industries and played a major role in making the subsidiaries of Reliance Industries, a market leader in their respective business fields. In 2016, Mukesh Ambani entered the Indian telecom industry with the launch of Jio, and it proved to be an instant success with the cheap mobile data plans. Provided by the company. And, Jio is now a telecommunication company with the most users in India.
Another successful venture of Mukesh Ambani includes the ownership of the IPL (Indian Premier League) franchise, Mumbai Indians. In 2021, Mumbai Indians was the second-highest valued franchise in the IPL after Chennai Super Kings and won the league 5 times. Also, as a part of his plan to promote football in India, he founded the Indian Super League (ISL) for football.
All these business ventures have contributed significantly to the success of Mukesh Ambani, and his recent net worth is estimated to be more than $100 billion.
Personal Life of Mukesh Ambani
Mukesh Ambani decided to marry Nita Ambani in 1985. The couple has three children Anant Ambani, Akash Ambani, and Isha Ambani. In several interviews, Mukesh has admitted his love for Bollywood films, and he said that he regularly watches movies despite having a very busy schedule. Mukesh Ambani's favorite dish is Idli Sambhar, which he revealed in an interview.
Also, he tries to avoid unnecessary media attention and prefers to live a rather personal life. Moreover, he is the owner of one of the most expensive residential properties, "Antillia", the residence of the Mukesh Ambani family, which is valued at around $1 billion.
Mukesh Ambani recently made the headlines during the marriage of his daughter, Isha Ambani. The highlighting point of this marriage was a reported cost of $100 million.
Award and Accolades of Mukesh Ambani
With his exceptional business capabilities, Mukesh Ambani has emerged as one of the most inspiring figures for people all around the globe. For his entrepreneurial abilities, he won the EY (Ernst & Young) award for Entrepreneurs of the Year in 2000. He was awarded the Business Leader of the Year and Businessman of the Year in 2010. Recently, Mukesh Ambani was also given the Othmer Gold Medal in 2016 for his philanthropy works.