Mukesh Ambani: Difference between revisions
Rm sentences repeated across sections and continual updates of wealth rankings-- only a few are needed to convey increase in wealth |
m Removing Category:Centibillionaires per Wikipedia:Categories for discussion/Log/2024 October 27#Category:Centibillionaires |
||
(9 intermediate revisions by 8 users not shown) | |||
Line 13: | Line 13: | ||
| nationality = Indian |
| nationality = Indian |
||
| alma_mater = {{Unbulleted list|[[St. Xavier's College, Mumbai]]|[[Institute of Chemical Technology]] (B.E.)}} |
| alma_mater = {{Unbulleted list|[[St. Xavier's College, Mumbai]]|[[Institute of Chemical Technology]] (B.E.)}} |
||
| occupation = [[Businessman]] |
| occupation = [[Businessman]] |
||
| years_active = 1981-present |
|||
⚫ | |||
| organization = [[Reliance Industries]] |
|||
⚫ | |||
| spouse = {{marriage|[[Nita Ambani]]|1985}}<ref name="marriage">{{cite web |url=https://www.forbes.com/sites/naazneenkarmali/2016/04/06/meet-nita-ambani-the-first-lady-of-indian-business/ |title=Meet Nita Ambani, The First Lady of Indian Business |work=[[Forbes]] |date=6 April 2016 |access-date=15 January 2022 |first=Naazneen |last=Karmali |archive-date=18 May 2022 |archive-url=https://web.archive.org/web/20220518172943/https://www.forbes.com/sites/naazneenkarmali/2016/04/06/meet-nita-ambani-the-first-lady-of-indian-business/ |url-status=live }}</ref> |
| spouse = {{marriage|[[Nita Ambani]]|1985}}<ref name="marriage">{{cite web |url=https://www.forbes.com/sites/naazneenkarmali/2016/04/06/meet-nita-ambani-the-first-lady-of-indian-business/ |title=Meet Nita Ambani, The First Lady of Indian Business |work=[[Forbes]] |date=6 April 2016 |access-date=15 January 2022 |first=Naazneen |last=Karmali |archive-date=18 May 2022 |archive-url=https://web.archive.org/web/20220518172943/https://www.forbes.com/sites/naazneenkarmali/2016/04/06/meet-nita-ambani-the-first-lady-of-indian-business/ |url-status=live }}</ref> |
||
| children = 3, including [[Akash Ambani|Akash]] |
| children = 3, including [[Akash Ambani|Akash]] |
||
Line 21: | Line 23: | ||
}} |
}} |
||
'''Mukesh Dhirubhai Ambani''' (born 19 April 1957) is an Indian billionaire businessman who is the chairman and managing director of [[Reliance Industries]].<ref name="aboutus2">{{cite web|url=http://www.ril.com/html/aboutus/Mukesh_Ambani.html|title=Mukesh Ambani :: RIL :: Reliance Group of Industries|publisher=[[Reliance Industries Limited]]|archive-url=https://web.archive.org/web/20150416033537/http://ril.com/html/aboutus/Mukesh_Ambani.html|archive-date=16 April 2015|url-status=dead|access-date=22 August 2013}}</ref> He is the richest person in Asia and |
'''Mukesh Dhirubhai Ambani''' (born 19 April 1957) is an Indian billionaire businessman who is the chairman and managing director of [[Reliance Industries]].<ref name="aboutus2">{{cite web|url=http://www.ril.com/html/aboutus/Mukesh_Ambani.html|title=Mukesh Ambani :: RIL :: Reliance Group of Industries|publisher=[[Reliance Industries Limited]]|archive-url=https://web.archive.org/web/20150416033537/http://ril.com/html/aboutus/Mukesh_Ambani.html|archive-date=16 April 2015|url-status=dead|access-date=22 August 2013}}</ref> He is the richest person in Asia and [[The World's Billionaires|9th richest in the world]].<ref>{{Cite web |title=Mukesh Ambani |url=https://www.forbes.com/profile/mukesh-ambani/ |access-date=2024-03-20 |website=Forbes |language=en }}</ref><ref>{{cite web |title=Real Time Billionaires List: Mukesh Ambani |url=https://www.forbes.com/real-time-billionaires/ |access-date=2024-03-20 |website=Forbes |language=en }}</ref> |
||
Sometimes characterized as a [[Plutocracy|plutocrat]],<ref>{{cite news |url=https://www.economist.com/business/2023/04/03/meet-asias-millennial-plutocrats |title=Meet Asia's millennial plutocrats |newspaper=The Economist |access-date=24 July 2023 |archive-date=23 July 2023 |archive-url=https://web.archive.org/web/20230723215142/https://www.economist.com/business/2023/04/03/meet-asias-millennial-plutocrats |url-status=live }}</ref> he has attracted both fame and notoriety for reports of market manipulation, political corruption, cronyism, and exploitation.<ref name="auto">{{cite web|url=https://www.outlookindia.com/magazine/story/blind-ambition/200504 |title=Blind Ambition|website=Outlookindia.com/|access-date=26 August 2018|archive-url=https://web.archive.org/web/20180614021254/https://www.outlookindia.com/magazine/story/blind-ambition/200504|archive-date=14 June 2018|url-status=live}}</ref><ref>{{cite web|url=https://www.outlookindia.com/magazine/story/a-history-of-controversies/200497|title=A History Of Controversies|date=29 January 2022 |access-date=24 July 2023|archive-date=28 April 2023|archive-url=https://web.archive.org/web/20230428145257/https://www.outlookindia.com/magazine/story/a-history-of-controversies/200497|url-status=live}}</ref><ref name="auto4">{{cite news|url=http://timesofindia.indiatimes.com/business/india-business/NICL-scam-CBI-files-charges-against-Reliance-Industries-Limited-4-retired-insurance-firm-employees/articleshow/11761605.cms|title=NICL scam: CBI files charges against Reliance Industries Limited, 4 retired insurance firm employees|newspaper=[[The Times of India]]|access-date=26 August 2018|archive-url=https://web.archive.org/web/20180710230142/https://timesofindia.indiatimes.com/business/india-business/NICL-scam-CBI-files-charges-against-Reliance-Industries-Limited-4-retired-insurance-firm-employees/articleshow/11761605.cms|archive-date=10 July 2018|url-status=live}}</ref><ref name="auto1">{{cite web|url=http://indiatoday.intoday.in/story/cag-report-on-kg-basin-puts-ril-in-the-dock%E2%80%8E/1/150531.html|title=CAG flays Oil Min for allowing RIL to retain D6 area|website=India Today|date=8 September 2011 |access-date=26 August 2018|archive-url=https://web.archive.org/web/20180105162550/http://indiatoday.intoday.in/story/cag-report-on-kg-basin-puts-ril-in-the-dock%E2%80%8E/1/150531.html|archive-date=5 January 2018|url-status=live}}</ref><ref name="auto3">{{cite web|url=https://scroll.in/latest/982968/sebi-fines-reliance-industries-mukesh-ambani-rs-40-crore-for-manipulative-trades-in-2007|title=SEBI fines Reliance Industries, Mukesh Ambani Rs 40 crore for 'manipulative trades' in 2007|author=Scroll Staff|website=Scroll.in|date=2 January 2021 |access-date=31 January 2023|archive-date=29 January 2023|archive-url=https://web.archive.org/web/20230129083618/https://scroll.in/latest/982968/sebi-fines-reliance-industries-mukesh-ambani-rs-40-crore-for-manipulative-trades-in-2007|url-status=live}}</ref> |
Sometimes characterized as a [[Plutocracy|plutocrat]],<ref>{{cite news |url=https://www.economist.com/business/2023/04/03/meet-asias-millennial-plutocrats |title=Meet Asia's millennial plutocrats |newspaper=The Economist |access-date=24 July 2023 |archive-date=23 July 2023 |archive-url=https://web.archive.org/web/20230723215142/https://www.economist.com/business/2023/04/03/meet-asias-millennial-plutocrats |url-status=live }}</ref> he has attracted both fame and notoriety for reports of market manipulation, political corruption, cronyism, and exploitation.<ref name="auto">{{cite web|url=https://www.outlookindia.com/magazine/story/blind-ambition/200504 |title=Blind Ambition|website=Outlookindia.com/|access-date=26 August 2018|archive-url=https://web.archive.org/web/20180614021254/https://www.outlookindia.com/magazine/story/blind-ambition/200504|archive-date=14 June 2018|url-status=live}}</ref><ref>{{cite web|url=https://www.outlookindia.com/magazine/story/a-history-of-controversies/200497|title=A History Of Controversies|date=29 January 2022 |access-date=24 July 2023|archive-date=28 April 2023|archive-url=https://web.archive.org/web/20230428145257/https://www.outlookindia.com/magazine/story/a-history-of-controversies/200497|url-status=live}}</ref><ref name="auto4">{{cite news|url=http://timesofindia.indiatimes.com/business/india-business/NICL-scam-CBI-files-charges-against-Reliance-Industries-Limited-4-retired-insurance-firm-employees/articleshow/11761605.cms|title=NICL scam: CBI files charges against Reliance Industries Limited, 4 retired insurance firm employees|newspaper=[[The Times of India]]|access-date=26 August 2018|archive-url=https://web.archive.org/web/20180710230142/https://timesofindia.indiatimes.com/business/india-business/NICL-scam-CBI-files-charges-against-Reliance-Industries-Limited-4-retired-insurance-firm-employees/articleshow/11761605.cms|archive-date=10 July 2018|url-status=live}}</ref><ref name="auto1">{{cite web|url=http://indiatoday.intoday.in/story/cag-report-on-kg-basin-puts-ril-in-the-dock%E2%80%8E/1/150531.html|title=CAG flays Oil Min for allowing RIL to retain D6 area|website=India Today|date=8 September 2011 |access-date=26 August 2018|archive-url=https://web.archive.org/web/20180105162550/http://indiatoday.intoday.in/story/cag-report-on-kg-basin-puts-ril-in-the-dock%E2%80%8E/1/150531.html|archive-date=5 January 2018|url-status=live}}</ref><ref name="auto3">{{cite web|url=https://scroll.in/latest/982968/sebi-fines-reliance-industries-mukesh-ambani-rs-40-crore-for-manipulative-trades-in-2007|title=SEBI fines Reliance Industries, Mukesh Ambani Rs 40 crore for 'manipulative trades' in 2007|author=Scroll Staff|website=Scroll.in|date=2 January 2021 |access-date=31 January 2023|archive-date=29 January 2023|archive-url=https://web.archive.org/web/20230129083618/https://scroll.in/latest/982968/sebi-fines-reliance-industries-mukesh-ambani-rs-40-crore-for-manipulative-trades-in-2007|url-status=live}}</ref> |
||
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.<ref>{{Cite web |date=October 9, 2024 |title= |
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.<ref>{{Cite web |date=October 9, 2024 |title=India's 100 Richest |url=https://www.forbes.com/lists/india-billionaires/ |website=India’s 100 Richest}}</ref> |
||
== Early life == |
== Early life == |
||
Ambani was born on 19 April 1957 in the British [[Crown colony]] of [[Colony of Aden|Aden]] (present-day [[Yemen]]) into a [[Gujarati people|Gujarati]] [[Hindus|Hindu]] family to [[Dhirubhai Ambani]] and Kokilaben Ambani. He has a younger brother [[Anil Ambani]] and two sisters, Nina Bhadrashyam Kothari and Dipti Dattaraj Salgaonkar.{{ |
Ambani was born on 19 April 1957 in the British [[Crown colony]] of [[Colony of Aden|Aden]] (present-day [[Yemen]]) into a [[Gujarati people|Gujarati]] [[Hindus|Hindu]] family to [[Dhirubhai Ambani]] and Kokilaben Ambani. He has a younger brother [[Anil Ambani]] and two sisters, Nina Bhadrashyam Kothari and Dipti Dattaraj Salgaonkar.<ref>{{Cite web |title=Meet Mukesh Ambani, Anil Ambani's lesser- known sister, she had a love marriage, her children are... |url=https://www.india.com/viral/meet-mukesh-ambani-anil-ambanis-lesser-known-sister-deepti-salgaokar-had-a-love-marriage-her-children-are-isheta-neeshal-7288455/ |access-date=2024-11-17 |website=www.india.com |language=en}}</ref> |
||
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.<ref>{{Cite news|first=Shyamal|last=Majumdar|url=http://www.rediff.com/money/special/pix-special-how-dhirubhai-ambani-changed-the-idiom-of-doing-business/20150114.htm|title=How Dhirubhai Ambani changed the style of doing business in India|work=[[Rediff.com]]|date=14 January 2015|access-date=10 August 2021|archive-date=20 December 2021|archive-url=https://web.archive.org/web/20211220200019/https://www.rediff.com/money/special/pix-special-how-dhirubhai-ambani-changed-the-idiom-of-doing-business/20150114.htm|url-status=live}}</ref> The latter was originally named "Vimal" but later changed to "Only Vimal".<ref>{{Cite news|first=Piyush|last=Pandey|url=https://timesofindia.indiatimes.com/business/india-business/ril-set-to-part-with-only-vimal-brand/articleshow/14327681.cms|title=RIL set to part with 'Only Vimal' brand|work=[[The Times of India]]|date=22 June 2012|access-date=10 August 2021|archive-date=19 May 2022|archive-url=https://web.archive.org/web/20220519055316/https://timesofindia.indiatimes.com/business/india-business/ril-set-to-part-with-only-vimal-brand/articleshow/14327681.cms|url-status=live}}</ref><ref>{{Cite web|url=http://www.truthofthoughts.com/life-story-of-mukesh-ambani/|title=Life story of Mukesh Ambani|website=truthofthoughts.com|language=en-US|date=23 February 2017|access-date=30 July 2018|archive-date=15 September 2019|archive-url=https://web.archive.org/web/20190915004924/http://www.truthofthoughts.com/life-story-of-mukesh-ambani|url-status=live}}</ref> His family lived in a modest two-bedroom apartment in [[Bhuleshwar]], [[Mumbai]] until the 1970s.<ref>{{cite web|url=http://www.rediff.com/money/2002/may/11ambani.htm|title=Reliance didn't grow on permit raj: Anil Ambani|date=11 May 2002|work=[[Rediff.com]]|access-date=28 October 2010|archive-date=13 August 2017|archive-url=https://web.archive.org/web/20170813013313/http://www.rediff.com/money/2002/may/11ambani.htm|url-status=live}}</ref> The family's financial status slightly improved when they moved to India but Ambani still lived in a [[communal society]], used [[public transport]]ation, and never received an allowance.<ref name=":1">{{Cite news|url=https://www.nytimes.com/2008/06/15/business/worldbusiness/15ambani.html|title=Meet Mukesh Ambani: India's Richest Man|last=Giridharadas|first=Anand|date=15 June 2008|access-date=10 August 2021|work=[[The New York Times]]|language=en|archive-date=14 March 2020|archive-url=https://web.archive.org/web/20200314041705/https://www.nytimes.com/2008/06/15/business/worldbusiness/15ambani.html|url-status=live}}</ref> Dhirubhai later purchased a 14-floor apartment block called 'Sea Wind' in [[Colaba]], where Ambani and his brother lived with their families on different floors.<ref>{{cite news|url=https://www.nytimes.com/2010/10/29/world/asia/29mumbai.html?ref=global&pagewanted=all|title=Soaring Above India's Poverty, a 27-Story Home|last=Yardley|first=Jim|date=28 October 2010|access-date=10 August 2021|work=[[The New York Times]]|archive-date=23 November 2018|archive-url=https://web.archive.org/web/20181123193243/https://www.nytimes.com/2010/10/29/world/asia/29mumbai.html?ref=global&pagewanted=all|url-status=live}}</ref> |
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.<ref>{{Cite news|first=Shyamal|last=Majumdar|url=http://www.rediff.com/money/special/pix-special-how-dhirubhai-ambani-changed-the-idiom-of-doing-business/20150114.htm|title=How Dhirubhai Ambani changed the style of doing business in India|work=[[Rediff.com]]|date=14 January 2015|access-date=10 August 2021|archive-date=20 December 2021|archive-url=https://web.archive.org/web/20211220200019/https://www.rediff.com/money/special/pix-special-how-dhirubhai-ambani-changed-the-idiom-of-doing-business/20150114.htm|url-status=live}}</ref> The latter was originally named "Vimal" but later changed to "Only Vimal".<ref>{{Cite news|first=Piyush|last=Pandey|url=https://timesofindia.indiatimes.com/business/india-business/ril-set-to-part-with-only-vimal-brand/articleshow/14327681.cms|title=RIL set to part with 'Only Vimal' brand|work=[[The Times of India]]|date=22 June 2012|access-date=10 August 2021|archive-date=19 May 2022|archive-url=https://web.archive.org/web/20220519055316/https://timesofindia.indiatimes.com/business/india-business/ril-set-to-part-with-only-vimal-brand/articleshow/14327681.cms|url-status=live}}</ref><ref>{{Cite web|url=http://www.truthofthoughts.com/life-story-of-mukesh-ambani/|title=Life story of Mukesh Ambani|website=truthofthoughts.com|language=en-US|date=23 February 2017|access-date=30 July 2018|archive-date=15 September 2019|archive-url=https://web.archive.org/web/20190915004924/http://www.truthofthoughts.com/life-story-of-mukesh-ambani|url-status=live}}</ref> His family lived in a modest two-bedroom apartment in [[Bhuleshwar]], [[Mumbai]] until the 1970s.<ref>{{cite web|url=http://www.rediff.com/money/2002/may/11ambani.htm|title=Reliance didn't grow on permit raj: Anil Ambani|date=11 May 2002|work=[[Rediff.com]]|access-date=28 October 2010|archive-date=13 August 2017|archive-url=https://web.archive.org/web/20170813013313/http://www.rediff.com/money/2002/may/11ambani.htm|url-status=live}}</ref> The family's financial status slightly improved when they moved to India but Ambani still lived in a [[communal society]], used [[public transport]]ation, and never received an allowance.<ref name=":1">{{Cite news|url=https://www.nytimes.com/2008/06/15/business/worldbusiness/15ambani.html|title=Meet Mukesh Ambani: India's Richest Man|last=Giridharadas|first=Anand|date=15 June 2008|access-date=10 August 2021|work=[[The New York Times]]|language=en|archive-date=14 March 2020|archive-url=https://web.archive.org/web/20200314041705/https://www.nytimes.com/2008/06/15/business/worldbusiness/15ambani.html|url-status=live}}</ref> Dhirubhai later purchased a 14-floor apartment block called 'Sea Wind' in [[Colaba]], where Ambani and his brother lived with their families on different floors.<ref>{{cite news|url=https://www.nytimes.com/2010/10/29/world/asia/29mumbai.html?ref=global&pagewanted=all|title=Soaring Above India's Poverty, a 27-Story Home|last=Yardley|first=Jim|date=28 October 2010|access-date=10 August 2021|work=[[The New York Times]]|archive-date=23 November 2018|archive-url=https://web.archive.org/web/20181123193243/https://www.nytimes.com/2010/10/29/world/asia/29mumbai.html?ref=global&pagewanted=all|url-status=live}}</ref> |
||
Line 35: | Line 37: | ||
Ambani attended the [[Hill Grange High School]] at [[Peddar Road]], [[Mumbai]], along with his brother and [[Anand Jain]], who later became his close associate.<ref>{{Cite news|url=https://www.indiatoday.in/magazine/economy/story/20050117-anand-jain-a-bone-of-contention-between-the-ambani-brothers-788340-2005-01-17|title=Anand Jain: A bone of contention between the Ambani brothers|last=Bhupta|first=Malini|date=17 January 2005|access-date=10 August 2021|work=[[India Today]]|language=en|archive-date=30 July 2018|archive-url=https://web.archive.org/web/20180730202936/https://www.indiatoday.in/magazine/economy/story/20050117-anand-jain-a-bone-of-contention-between-the-ambani-brothers-788340-2005-01-17|url-status=live}}</ref> After his secondary schooling, he studied at [[St. Xavier's College, Mumbai]].<ref>{{cite news |first=Kasmin |last=Fernandes |title=St. Xavier's is the Indian Hogwarts |url=https://www.mid-day.com/articles/st-xaviers-is-the-indian-hogwarts/68236 |work=[[Mid-Day]] |date=2 January 2010 |access-date=10 August 2021 |language=en |archive-date=4 August 2020 |archive-url=https://web.archive.org/web/20200804122607/https://www.mid-day.com/articles/st-xaviers-is-the-indian-hogwarts/68236 |url-status=live }}</ref> He then received a [[Bachelor of Engineering|BE]] degree in [[chemical engineering]] from the [[Institute of Chemical Technology]].<ref name="childhood">{{cite web|url=http://www.rediff.com/money/2007/jan/17inter.htm|title=Mukesh Ambani on his childhood, youth|work=[[Rediff.com]]|date=19 January 2007|access-date=10 August 2021|archive-date=26 September 2018|archive-url=https://web.archive.org/web/20180926063323/http://www.rediff.com/money/2007/jan/17inter.htm|url-status=live}}</ref><ref>{{cite journal |last1=Ambani |first1=Mukesh |title=Re-Orienting Education at UDCT |journal=[[Institute of Chemical Technology#The Bombay Technologist|The Bombay Technologist]] |year=2001 |volume=50 |issue=1 |pages=33–35 |url=http://www.bombaytechnologist.org/index.php/bombaytechnologist/article/view/128789 |archive-url=https://web.archive.org/web/20200612215122/http://www.bombaytechnologist.org/index.php/bombaytechnologist/article/view/128789 |access-date=12 June 2020 |archive-date=12 June 2020 |url-status=dead |language=en |issn=0067-9925}}</ref> |
Ambani attended the [[Hill Grange High School]] at [[Peddar Road]], [[Mumbai]], along with his brother and [[Anand Jain]], who later became his close associate.<ref>{{Cite news|url=https://www.indiatoday.in/magazine/economy/story/20050117-anand-jain-a-bone-of-contention-between-the-ambani-brothers-788340-2005-01-17|title=Anand Jain: A bone of contention between the Ambani brothers|last=Bhupta|first=Malini|date=17 January 2005|access-date=10 August 2021|work=[[India Today]]|language=en|archive-date=30 July 2018|archive-url=https://web.archive.org/web/20180730202936/https://www.indiatoday.in/magazine/economy/story/20050117-anand-jain-a-bone-of-contention-between-the-ambani-brothers-788340-2005-01-17|url-status=live}}</ref> After his secondary schooling, he studied at [[St. Xavier's College, Mumbai]].<ref>{{cite news |first=Kasmin |last=Fernandes |title=St. Xavier's is the Indian Hogwarts |url=https://www.mid-day.com/articles/st-xaviers-is-the-indian-hogwarts/68236 |work=[[Mid-Day]] |date=2 January 2010 |access-date=10 August 2021 |language=en |archive-date=4 August 2020 |archive-url=https://web.archive.org/web/20200804122607/https://www.mid-day.com/articles/st-xaviers-is-the-indian-hogwarts/68236 |url-status=live }}</ref> He then received a [[Bachelor of Engineering|BE]] degree in [[chemical engineering]] from the [[Institute of Chemical Technology]].<ref name="childhood">{{cite web|url=http://www.rediff.com/money/2007/jan/17inter.htm|title=Mukesh Ambani on his childhood, youth|work=[[Rediff.com]]|date=19 January 2007|access-date=10 August 2021|archive-date=26 September 2018|archive-url=https://web.archive.org/web/20180926063323/http://www.rediff.com/money/2007/jan/17inter.htm|url-status=live}}</ref><ref>{{cite journal |last1=Ambani |first1=Mukesh |title=Re-Orienting Education at UDCT |journal=[[Institute of Chemical Technology#The Bombay Technologist|The Bombay Technologist]] |year=2001 |volume=50 |issue=1 |pages=33–35 |url=http://www.bombaytechnologist.org/index.php/bombaytechnologist/article/view/128789 |archive-url=https://web.archive.org/web/20200612215122/http://www.bombaytechnologist.org/index.php/bombaytechnologist/article/view/128789 |access-date=12 June 2020 |archive-date=12 June 2020 |url-status=dead |language=en |issn=0067-9925}}</ref> |
||
Ambani later enrolled for an [[Master of Business Administration|MBA]] at [[Stanford University]] (where [[Steve Ballmer]] was his classmate<ref>{{Cite news |last=Pandey |first=Piyush |date=2020-07-15 |title=Will Mukesh Ambani overtake his Stanford classmate Steve Ballmer to become |
Ambani later enrolled for an [[Master of Business Administration|MBA]] at [[Stanford University]] (where [[Steve Ballmer]] was his classmate<ref>{{Cite news |last=Pandey |first=Piyush |date=2020-07-15 |title=Will Mukesh Ambani overtake his Stanford classmate Steve Ballmer to become world's 5th richest? |url=https://www.moneycontrol.com/news/business/will-mukesh-ambani-overtake-his-stanford-classmate-steve-ballmer-to-become-worlds-5th-richest-5550891.html |access-date=2024-10-17 |work=Moneycontrol}}</ref>) but withdrew in 1980 to help his father build Reliance, which at the time was still a small but fast-growing enterprise.<ref name="childhood" /> His 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.<ref name=":1" /> |
||
Ambani 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."<ref name="childhood" /> |
Ambani 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."<ref name="childhood" /> |
||
Line 128: | Line 130: | ||
On July 12 to 14, 2024, the [[wedding of Anant Ambani and Radhika Merchant]] was held as a 3-day event that took place at the [[Antilia (building)|Antilia]] building and [[Jio]] Convention Center in [[Mumbai]].<ref name=":0">{{Cite web |date=6 July 2024 |title=Asia's richest man Mukesh Ambani is set to throw a grand wedding for his son. Here's what to know |url=https://apnews.com/article/anant-ambani-radhika-mukesh-ambani-wedding-mumbai-f9c517e2d315e0b0f045b4275c44ac71 |access-date=9 July 2024 |website=[[AP News]] |language=en |archive-date=9 July 2024 |archive-url=https://web.archive.org/web/20240709025516/https://apnews.com/article/anant-ambani-radhika-mukesh-ambani-wedding-mumbai-f9c517e2d315e0b0f045b4275c44ac71 |url-status=live }}</ref><ref>{{Cite news |date=8 July 2024 |title=Anant Ambani and Radhika Merchant: Bieber performs at India's mega wedding |url=https://www.bbc.com/news/articles/cd1de8gzevpo |access-date=10 July 2024 |work=[[BBC News]] |language=en-GB |archive-date=10 July 2024 |archive-url=https://web.archive.org/web/20240710154423/https://www.bbc.com/news/articles/cd1de8gzevpo |url-status=live }}</ref> It had been described as India's "wedding of the year"<ref name=":0" /><ref>{{Cite web |last=Mogul |first=Rhea |date=3 July 2024 |title=The son of Asia's richest man is getting married in one of India's most anticipated — and lavish — weddings of the year |url=https://www.cnn.com/2024/07/03/style/anant-ambani-radhika-merchant-wedding-preview-intl-hnk/index.html |access-date=9 July 2024 |website=[[CNN]] |language=en}}</ref> and "India’s own royal wedding".<ref name="Ellis-Petersen">{{Cite news |last=Ellis-Petersen |first=Hannah |date=12 July 2024 |title=Ambani wedding: after months of celebrations, the 'Windsors of India' finally set to marry |url=https://www.theguardian.com/world/article/2024/jul/12/ambani-wedding-india-anant-radhika-merchant-mumbai-guests |access-date=13 July 2024 |work=[[The Guardian]] |language=en-GB |issn=0261-3077 |archive-date=25 July 2024 |archive-url=https://web.archive.org/web/20240725004355/https://www.theguardian.com/world/article/2024/jul/12/ambani-wedding-india-anant-radhika-merchant-mumbai-guests |url-status=live }}</ref> ''[[The New York Times]]'' described it as introducing "the world to [India]'s [[Gilded Age]]".<ref>{{Cite news |last=Das |first=Anupreeta |author-link=Anupreeta Das|date=12 July 2024 |title=A Wedding Puts India's Gilded Age on Lavish Display |url=https://www.nytimes.com/2024/07/12/world/asia/india-ambani-wedding-billionaire.html |access-date=13 July 2024 |work=[[The New York Times]] |language=en-US |issn=0362-4331 |archive-date=13 July 2024 |archive-url=https://web.archive.org/web/20240713001533/https://www.nytimes.com/2024/07/12/world/asia/india-ambani-wedding-billionaire.html |url-status=live }}</ref> Estimates for the wedding's cost range from $300 million<ref name=":3">{{Cite news|url=https://www.thenational.ae/business/economy/an-insight-into-mukesh-ambani-s-empire-and-how-he-became-asia-s-richest-man-1.750368|title=An insight into Mukesh Ambani's empire and how he became Asia's richest man|work=[[The National (Abu Dhabi)|The National]]|date=15 July 2018|access-date=10 August 2021|language=en}}</ref> to $600 million,<ref name="Ellis-Petersen"/><ref>{{Cite web |last=iyer |first=rahul |date=2024-07-27 |title=Anant Ambani: A Glimpse into His Life and Legacy |url=https://www.leaderbiography.com/anant-ambani/ |access-date=2024-07-29 |website=Leader Biography |language=en}}</ref> and had led to criticism regarding [[Wealth distribution by country|wealth inequality in India]].<ref name=":5">{{Cite web |last1=Aggarwal |first1=Mithil |last2=Chhetri |first2=Aishwarya Thapa |date=12 July 2024 |title='The crazy richest wedding ever': Son of Asia's richest man marries after months of lavish events |url=https://www.nbcnews.com/news/world/ambani-wedding-india-mumbai-global-elite-kardashians-bill-gates-rcna161364 |access-date=13 July 2024 |website=[[NBC News]] |language=en |archive-date=13 July 2024 |archive-url=https://web.archive.org/web/20240713001533/https://www.nbcnews.com/news/world/ambani-wedding-india-mumbai-global-elite-kardashians-bill-gates-rcna161364 |url-status=live }}</ref> Anant Ambani recently donated a crown to [[Lalbaugcha Raja]] worth 15 crores.<ref>{{Cite web |date=2024-09-06 |title=Anant Ambani donates 20 kg gold crown worth Rs 15 crore to Lalbaugcha Raja |url=https://www.indiatoday.in/business/story/anant-ambani-donates-20-kg-gold-crown-worth-rs-15-crore-to-lalbaugcha-raja-2595102-2024-09-06 |access-date=2024-09-07 |website=India Today |language=en}}</ref> |
On July 12 to 14, 2024, the [[wedding of Anant Ambani and Radhika Merchant]] was held as a 3-day event that took place at the [[Antilia (building)|Antilia]] building and [[Jio]] Convention Center in [[Mumbai]].<ref name=":0">{{Cite web |date=6 July 2024 |title=Asia's richest man Mukesh Ambani is set to throw a grand wedding for his son. Here's what to know |url=https://apnews.com/article/anant-ambani-radhika-mukesh-ambani-wedding-mumbai-f9c517e2d315e0b0f045b4275c44ac71 |access-date=9 July 2024 |website=[[AP News]] |language=en |archive-date=9 July 2024 |archive-url=https://web.archive.org/web/20240709025516/https://apnews.com/article/anant-ambani-radhika-mukesh-ambani-wedding-mumbai-f9c517e2d315e0b0f045b4275c44ac71 |url-status=live }}</ref><ref>{{Cite news |date=8 July 2024 |title=Anant Ambani and Radhika Merchant: Bieber performs at India's mega wedding |url=https://www.bbc.com/news/articles/cd1de8gzevpo |access-date=10 July 2024 |work=[[BBC News]] |language=en-GB |archive-date=10 July 2024 |archive-url=https://web.archive.org/web/20240710154423/https://www.bbc.com/news/articles/cd1de8gzevpo |url-status=live }}</ref> It had been described as India's "wedding of the year"<ref name=":0" /><ref>{{Cite web |last=Mogul |first=Rhea |date=3 July 2024 |title=The son of Asia's richest man is getting married in one of India's most anticipated — and lavish — weddings of the year |url=https://www.cnn.com/2024/07/03/style/anant-ambani-radhika-merchant-wedding-preview-intl-hnk/index.html |access-date=9 July 2024 |website=[[CNN]] |language=en}}</ref> and "India’s own royal wedding".<ref name="Ellis-Petersen">{{Cite news |last=Ellis-Petersen |first=Hannah |date=12 July 2024 |title=Ambani wedding: after months of celebrations, the 'Windsors of India' finally set to marry |url=https://www.theguardian.com/world/article/2024/jul/12/ambani-wedding-india-anant-radhika-merchant-mumbai-guests |access-date=13 July 2024 |work=[[The Guardian]] |language=en-GB |issn=0261-3077 |archive-date=25 July 2024 |archive-url=https://web.archive.org/web/20240725004355/https://www.theguardian.com/world/article/2024/jul/12/ambani-wedding-india-anant-radhika-merchant-mumbai-guests |url-status=live }}</ref> ''[[The New York Times]]'' described it as introducing "the world to [India]'s [[Gilded Age]]".<ref>{{Cite news |last=Das |first=Anupreeta |author-link=Anupreeta Das|date=12 July 2024 |title=A Wedding Puts India's Gilded Age on Lavish Display |url=https://www.nytimes.com/2024/07/12/world/asia/india-ambani-wedding-billionaire.html |access-date=13 July 2024 |work=[[The New York Times]] |language=en-US |issn=0362-4331 |archive-date=13 July 2024 |archive-url=https://web.archive.org/web/20240713001533/https://www.nytimes.com/2024/07/12/world/asia/india-ambani-wedding-billionaire.html |url-status=live }}</ref> Estimates for the wedding's cost range from $300 million<ref name=":3">{{Cite news|url=https://www.thenational.ae/business/economy/an-insight-into-mukesh-ambani-s-empire-and-how-he-became-asia-s-richest-man-1.750368|title=An insight into Mukesh Ambani's empire and how he became Asia's richest man|work=[[The National (Abu Dhabi)|The National]]|date=15 July 2018|access-date=10 August 2021|language=en}}</ref> to $600 million,<ref name="Ellis-Petersen"/><ref>{{Cite web |last=iyer |first=rahul |date=2024-07-27 |title=Anant Ambani: A Glimpse into His Life and Legacy |url=https://www.leaderbiography.com/anant-ambani/ |access-date=2024-07-29 |website=Leader Biography |language=en}}</ref> and had led to criticism regarding [[Wealth distribution by country|wealth inequality in India]].<ref name=":5">{{Cite web |last1=Aggarwal |first1=Mithil |last2=Chhetri |first2=Aishwarya Thapa |date=12 July 2024 |title='The crazy richest wedding ever': Son of Asia's richest man marries after months of lavish events |url=https://www.nbcnews.com/news/world/ambani-wedding-india-mumbai-global-elite-kardashians-bill-gates-rcna161364 |access-date=13 July 2024 |website=[[NBC News]] |language=en |archive-date=13 July 2024 |archive-url=https://web.archive.org/web/20240713001533/https://www.nbcnews.com/news/world/ambani-wedding-india-mumbai-global-elite-kardashians-bill-gates-rcna161364 |url-status=live }}</ref> Anant Ambani recently donated a crown to [[Lalbaugcha Raja]] worth 15 crores.<ref>{{Cite web |date=2024-09-06 |title=Anant Ambani donates 20 kg gold crown worth Rs 15 crore to Lalbaugcha Raja |url=https://www.indiatoday.in/business/story/anant-ambani-donates-20-kg-gold-crown-worth-rs-15-crore-to-lalbaugcha-raja-2595102-2024-09-06 |access-date=2024-09-07 |website=India Today |language=en}}</ref> |
||
He has also recently acquired a [[Boeing 737 MAX|Boeing 737 Max 9]] aircraft, becoming India's first private owner of the aircraft. Purchased for about Rs 1000 crore, the plane will be used by the Ambani family for their long-distance travels.<ref>{{Cite web |title=Mukesh Ambani acquires |
He has also recently acquired a [[Boeing 737 MAX|Boeing 737 Max 9]] aircraft, becoming India's first private owner of the aircraft. Purchased for about Rs 1000 crore, the plane will be used by the Ambani family for their long-distance travels.<ref>{{Cite web |title=Mukesh Ambani acquires India's first Boeing 737 Max 9 private aircraft: What's special about it? |url=https://www.onmanorama.com/travel/celebrity-travel/2024/09/19/mukesh-ambani-private-jet-boeing-737-max-9.amp.html |access-date=2024-09-19 |website=www.onmanorama.com}}</ref> |
||
== References == |
== References == |
||
Line 150: | Line 152: | ||
[[Category:Businesspeople from Mumbai]] |
[[Category:Businesspeople from Mumbai]] |
||
[[Category:Foreign associates of the National Academy of Engineering]] |
[[Category:Foreign associates of the National Academy of Engineering]] |
||
[[Category:Gujarati |
[[Category:Gujarati businesspeople]] |
||
[[Category:Hill Grange High School alumni]] |
[[Category:Hill Grange High School alumni]] |
||
[[Category:Indian billionaires]] |
[[Category:Indian billionaires]] |
||
Line 164: | Line 166: | ||
[[Category:University of Mumbai alumni]] |
[[Category:University of Mumbai alumni]] |
||
[[Category:Victims of bomb threats]] |
[[Category:Victims of bomb threats]] |
||
[[Category:Centibillionaires]] |
|||
[[Category:Businesspeople from Gujarat]] |
[[Category:Businesspeople from Gujarat]] |
||
[[Category:People from Mumbai]] |
[[Category:People from Mumbai]] |
Latest revision as of 06:51, 23 November 2024
This article may need to be rewritten to comply with Wikipedia's quality standards. (March 2024) |
Mukesh Ambani | |
---|---|
Born | Mukesh Dhirubhai Ambani 19 April 1957 |
Nationality | Indian |
Alma mater | |
Occupation | Businessman |
Years active | 1981-present |
Organization | Reliance Industries |
Title | Chairman and MD of Reliance Industries |
Spouse | [3] |
Children | 3, including Akash |
Parents |
|
Relatives | Anil Ambani (brother) Tina Ambani (sister-in-law) |
Mukesh Dhirubhai Ambani (born 19 April 1957) is an Indian billionaire businessman who is the chairman and managing director of Reliance Industries.[4] He is the richest person in Asia and 9th richest in the world.[5][6]
Sometimes characterized as a plutocrat,[7] he has attracted both fame and notoriety for reports of market manipulation, political corruption, cronyism, and exploitation.[8][9][10][11][12]
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.[13]
Early life
Ambani was born on 19 April 1957 in the British Crown colony of Aden (present-day Yemen) into a Gujarati Hindu family to Dhirubhai Ambani and Kokilaben Ambani. He has a younger brother Anil Ambani and two sisters, Nina Bhadrashyam Kothari and Dipti Dattaraj Salgaonkar.[14]
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.[15] The latter was originally named "Vimal" but later changed to "Only Vimal".[16][17] His family lived in a modest two-bedroom apartment in Bhuleshwar, Mumbai until the 1970s.[18] The family's financial status slightly improved when they moved to India but Ambani still lived in a communal society, used public transportation, and never received an allowance.[19] Dhirubhai later purchased a 14-floor apartment block called 'Sea Wind' in Colaba, where Ambani and his brother lived with their families on different floors.[20]
Education
Ambani attended the Hill Grange High School at Peddar Road, Mumbai, along with his brother and Anand Jain, who later became his close associate.[21] After his secondary schooling, he studied at St. Xavier's College, Mumbai.[22] He then received a BE degree in chemical engineering from the Institute of Chemical Technology.[23][24]
Ambani later enrolled for an MBA at Stanford University (where Steve Ballmer was his classmate[25]) but withdrew in 1980 to help his father build Reliance, which at the time was still a small but fast-growing enterprise.[23] His 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.[19]
Ambani 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."[23]
Career
Mukesh Ambani set up Reliance Infocomm Limited (later Reliance Communications Limited), which was focused on information and communications technology initiatives.[26] At the age of 24, Ambani was given charge of the construction of Patalganga petrochemical plant when the company was heavily investing in oil refinery and petrochemicals.[27]
Ambani directed and led the creation of the world's largest grassroots petroleum refinery at Jamnagar, India, which could produce 660,000 barrels per day (33 million tonnes per year) in 2010, integrated with petrochemicals, power generation, port, and related infrastructure.[28] In December 2013 Ambani announced the possibility of a "collaborative venture" with Bharti Airtel in setting up digital infrastructure for the 4G network in India.[29] On 18 June 2014, Ambani said he will invest Rs 1.8 trillion (short scale) across businesses in the next three years and launch 4G broadband services in 2015.[30]
In February 2014, a First Information Report (FIR) alleging criminal offences was filed against Ambani for alleged irregularities in the pricing of natural gas from the KG basin.[31]
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.[32]
As of 2015, Ambani ranked fifth among India's philanthropists, according to China's Hurun Research Institute.[33] He was appointed as a Director of Bank of America and became the first non-American to be on its board.[34] As of 2016, Ambani was ranked as the 36th richest person in the world and has consistently held the title of India's richest person on Forbes magazine's list for the past ten years.[35] He is the only Indian businessman on Forbes' list of the world's most powerful people.[36] He surpassed Jack Ma, executive chairman of Alibaba Group,[37] to become Asia's richest person with a net worth of $44.3 billion in July 2018.[38] He is also the wealthiest person in the world outside North America and Europe.[39]
As of February 2018, Bloomberg's "Robin Hood Index" estimated that Ambani's personal wealth was enough to fund the operations of the Indian federal government for 20 days.[40]
Through Reliance, he also owns the Indian Premier League franchise Mumbai Indians and is the founder of the Indian Super League, a football league in India.[41]
Board memberships
- Member of Board of Governors Institute of Chemical Technology, Mumbai
- Chairman, managing director, Chairman of Finance Committee and Member of Employees Stock Compensation Committee, Reliance Industries Limited
- Former chairman, Indian Petrochemicals Corporation Limited
- Former vice-chairman, Reliance Petroleum
- Chairman of the board, Reliance Petroleum
- Chairman and Chairman of Audit Committee, Reliance Retail Limited
- Chairman, Reliance Exploration and Production DMCC
- Former director, Member of Credit Committee and Member of Compensation & Benefits Committee, Bank of America Corporation[42]
- President, Pandit Deendayal Petroleum University, Gandhinagar, Gujarat
- Member of the Board of Trustees of the World Economic Forum.[43]
Awards and honors
Year of Award or Honor | Name of Award or Honor | Awarding Organization |
---|---|---|
2000 | Ernst & Young Entrepreneur of the Year[44] | Ernst & Young India |
2010 | Global Vision Award at The Awards Dinner[45] | Asia Society |
2010 | School of Engineering and Applied Science Dean's Medal[46] | University of Pennsylvania |
2010 | ranked 5th-best performing global CEO[47] | Harvard Business Review |
2010 | Global Leadership Award[48] | Business Council for International Understanding |
2016 | Foreign associate, U.S. National Academy of Engineering[49][50] | National Academy of Engineering |
2016 | Othmer Gold Medal[51][52] | Chemical Heritage Foundation |
Stock manipulation and penalty
For manipulating shares of Reliance Petroleum Limited (RPL), Reliance Industries was fined Rs. 950 crores (9.5 billion), split into 447 crores (4.47 billion) in retracted gains and 500 crores (5 billion) in interest in 2007.[53] In April 2006, RPL went public as a Reliance subsidiary for Rs. 60 per share. The market crashed by 30% after it floated at roughly Rs. 100, and RPL was back at 60. By Securities and Exchange Board of India directive, RIL carried out an organised operation with the help of its agents to obtain unauthorised profits from the trading of its formerly listed unit, RPL, which was combined with the former in 2009.[54][55][56][57][58]
Personal life
He married Nita Ambani in 1985 and they have two sons, Akash (born 23 October 1991) and Anant (born April 10, 1995),[60] and a daughter, Isha, who is Akash's twin.[61][3][62] They met after his father attended a dance performance which Nita took part in and thought of the idea of arranging a marriage between the two.[63]
They live in Antilia, a private 27-storey building in Mumbai, which was valued at US$1 billion and was the most expensive private residence in the world at the time it was built.[64][65] The building requires a staff of 600 for maintenance, and it includes three helipads, a 160-car garage, private movie theatre, swimming pool, and fitness centre.[66]
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.[67][68]
Mukesh Ambani is a strict vegetarian and teetotaler.[69]
During the fiscal year ending 31 March 2012, he reportedly decided to forgo nearly ₹240 million from his annual pay as chief of Reliance Industries Ltd (RIL). He elected to do this even as RIL's total remuneration packages to its top management personnel increased during that fiscal year. Mukesh Ambani holds a 50.4% stake in the company.[70] This move kept his salary capped at ₹150 million for the fourth year in a row.[71]
In early 2019, a court in Mumbai held his younger brother, Anil Ambani, in criminal contempt for non-payment of personally guaranteed debt Reliance Communications owed to Swedish gearmaker Ericsson. Instead of jail time, the court gave Anil a month to come up with the funds. At the end of the month, Mukesh Ambani bailed out his younger brother, paying the debt.[72] In 2021, he was the subject of a bomb scare when a green Mahindra Scorpio SUV packed with explosives was found near a Mumbai skyscraper housing Ambani.[73] In 2023, he received a death threat via email.[74]
On July 12 to 14, 2024, the wedding of Anant Ambani and Radhika Merchant was held as a 3-day event that took place at the Antilia building and Jio Convention Center in Mumbai.[75][76] It had been described as India's "wedding of the year"[75][77] and "India’s own royal wedding".[78] The New York Times described it as introducing "the world to [India]'s Gilded Age".[79] Estimates for the wedding's cost range from $300 million[80] to $600 million,[78][81] and had led to criticism regarding wealth inequality in India.[82] Anant Ambani recently donated a crown to Lalbaugcha Raja worth 15 crores.[83]
He has also recently acquired a Boeing 737 Max 9 aircraft, becoming India's first private owner of the aircraft. Purchased for about Rs 1000 crore, the plane will be used by the Ambani family for their long-distance travels.[84]
References
- ^ L. Nolen, Jeannette. "Mukesh Ambani". Encyclopædia Britannica. Archived from the original on 3 December 2013. Retrieved 6 October 2013.
- ^ "The Rediff Business Interview/ Mukesh Ambani". Rediff.com. 17 June 1998. Archived from the original on 23 July 2013. Retrieved 22 August 2013.
- ^ a b Karmali, Naazneen (6 April 2016). "Meet Nita Ambani, The First Lady of Indian Business". Forbes. Archived from the original on 18 May 2022. Retrieved 15 January 2022.
- ^ "Mukesh Ambani :: RIL :: Reliance Group of Industries". Reliance Industries Limited. Archived from the original on 16 April 2015. Retrieved 22 August 2013.
- ^ "Mukesh Ambani". Forbes. Retrieved 20 March 2024.
- ^ "Real Time Billionaires List: Mukesh Ambani". Forbes. Retrieved 20 March 2024.
- ^ "Meet Asia's millennial plutocrats". The Economist. Archived from the original on 23 July 2023. Retrieved 24 July 2023.
- ^ "Blind Ambition". Outlookindia.com/. Archived from the original on 14 June 2018. Retrieved 26 August 2018.
- ^ "A History Of Controversies". 29 January 2022. Archived from the original on 28 April 2023. Retrieved 24 July 2023.
- ^ "NICL scam: CBI files charges against Reliance Industries Limited, 4 retired insurance firm employees". The Times of India. Archived from the original on 10 July 2018. Retrieved 26 August 2018.
- ^ "CAG flays Oil Min for allowing RIL to retain D6 area". India Today. 8 September 2011. Archived from the original on 5 January 2018. Retrieved 26 August 2018.
- ^ Scroll Staff (2 January 2021). "SEBI fines Reliance Industries, Mukesh Ambani Rs 40 crore for 'manipulative trades' in 2007". Scroll.in. Archived from the original on 29 January 2023. Retrieved 31 January 2023.
- ^ "India's 100 Richest". India’s 100 Richest. 9 October 2024.
- ^ "Meet Mukesh Ambani, Anil Ambani's lesser- known sister, she had a love marriage, her children are..." www.india.com. Retrieved 17 November 2024.
- ^ Majumdar, Shyamal (14 January 2015). "How Dhirubhai Ambani changed the style of doing business in India". Rediff.com. Archived from the original on 20 December 2021. Retrieved 10 August 2021.
- ^ Pandey, Piyush (22 June 2012). "RIL set to part with 'Only Vimal' brand". The Times of India. Archived from the original on 19 May 2022. Retrieved 10 August 2021.
- ^ "Life story of Mukesh Ambani". truthofthoughts.com. 23 February 2017. Archived from the original on 15 September 2019. Retrieved 30 July 2018.
- ^ "Reliance didn't grow on permit raj: Anil Ambani". Rediff.com. 11 May 2002. Archived from the original on 13 August 2017. Retrieved 28 October 2010.
- ^ a b Giridharadas, Anand (15 June 2008). "Meet Mukesh Ambani: India's Richest Man". The New York Times. Archived from the original on 14 March 2020. Retrieved 10 August 2021.
- ^ Yardley, Jim (28 October 2010). "Soaring Above India's Poverty, a 27-Story Home". The New York Times. Archived from the original on 23 November 2018. Retrieved 10 August 2021.
- ^ Bhupta, Malini (17 January 2005). "Anand Jain: A bone of contention between the Ambani brothers". India Today. Archived from the original on 30 July 2018. Retrieved 10 August 2021.
- ^ Fernandes, Kasmin (2 January 2010). "St. Xavier's is the Indian Hogwarts". Mid-Day. Archived from the original on 4 August 2020. Retrieved 10 August 2021.
- ^ a b c "Mukesh Ambani on his childhood, youth". Rediff.com. 19 January 2007. Archived from the original on 26 September 2018. Retrieved 10 August 2021.
- ^ Ambani, Mukesh (2001). "Re-Orienting Education at UDCT". The Bombay Technologist. 50 (1): 33–35. ISSN 0067-9925. Archived from the original on 12 June 2020. Retrieved 12 June 2020.
- ^ Pandey, Piyush (15 July 2020). "Will Mukesh Ambani overtake his Stanford classmate Steve Ballmer to become world's 5th richest?". Moneycontrol. Retrieved 17 October 2024.
- ^ "Reliance Infocomm Ushers a Digital Revolution in India". Press Release by Reliance Infocomm. Reliance Communications. 27 December 2002. Archived from the original on 23 July 2013. Retrieved 22 August 2013.
- ^ Poza, Ernesto J. (29 January 2009). Family Business. Cengage Learning. ISBN 978-0-324-59769-1. Archived from the original on 1 March 2024. Retrieved 17 October 2020.
- ^ "Mukesh Ambani :: Reliance Group :: Reliance Petroleum Limited :: Reliance Industries". Reliance Industries Limited. Archived from the original on 4 April 2010. Retrieved 4 April 2010.
- ^ "Mukesh Ambani hints at venture between Reliance Industries and Bharti Airtel". The Indian Express. 9 December 2013. Archived from the original on 12 December 2013. Retrieved 10 August 2021.
- ^ "Reliance 4G services to be launched in 2015: Mukesh Ambani". ABP News. 18 June 2014. Archived from the original on 19 June 2014. Retrieved 15 January 2022.
- ^ "Arvind Kejriwal rakes up K G Basin gas pricing, orders FIRs against Moily, Deora, Mukesh Ambani". The Indian Express. 11 February 2014. Archived from the original on 1 August 2021. Retrieved 10 August 2021.
- ^ "Mukesh Ambani elected to National Academy of Engineering, one of only 10 Indians". Firstpost. 8 February 2016. Archived from the original on 20 September 2020. Retrieved 10 August 2021.
- ^ Balachandran, Manu (5 January 2015). "India's biggest philanthropist is seven times more generous than the next". Quartz India. Archived from the original on 13 July 2018. Retrieved 10 August 2021.
- ^ "Mukesh Ambani appointed Bank of America as director". The Economic Times. 16 March 2011. Archived from the original on 6 January 2022. Retrieved 25 January 2019.
- ^ "Bill Gates richest man in world, Mukesh Ambani at 36th: Forbes". The Economic Times. 2 March 2016. Archived from the original on 18 October 2021. Retrieved 10 August 2021.
- ^ "The World's Most Powerful People". Forbes. Archived from the original on 25 December 2018. Retrieved 10 August 2021.
- ^ "Jack Ma | Biography & Facts | Britannica". www.britannica.com. 29 January 2024. Archived from the original on 19 January 2024. Retrieved 1 February 2024.
- ^ "Billionaire Mukesh Ambani topples Jack Ma as Asia's richest person". The Times of India. 14 July 2018. ISSN 0971-8257. Archived from the original on 1 February 2024. Retrieved 1 February 2024.
- ^ "Billionaire Mukesh Ambani topples Jack Ma as Asia's richest person". The Times of India. 13 July 2018. Archived from the original on 3 January 2022. Retrieved 10 August 2021.
- ^ Strauss, Marine; Lu, Wei (11 February 2018). "What If the World's Richest Paid for Government Spending?". Bloomberg. Archived from the original on 15 February 2018. Retrieved 14 February 2018.
- ^ Hiscock, Geoff (14 December 2010). "Indian tycoon Mukesh Ambani backs new soccer league". Herald Sun. Archived from the original on 10 August 2021. Retrieved 10 August 2021.
- ^ "Mukesh Dhirubhai Ambani, Reliance Industries: Profile and Biography". Bloomberg. Archived from the original on 10 August 2021. Retrieved 10 August 2021.
- ^ "Leadership and Governance - World Economic Forum".
- ^ "Entrepreneur of the Year – 2000 Winners". Ernst & Young. Archived from the original on 20 March 2013. Retrieved 10 June 2013.
- ^ "Asia Society Awards Dinner Honors Mukesh Ambani, Jeffrey Immelt, and NY Philharmonic". Press Release on Asia Society. Asia Society. 4 November 2010. Archived from the original on 13 October 2011. Retrieved 21 September 2011.
- ^ "Mukesh Ambani awarded the Dean's Medal by University of Pennsylvania". Forbes India. 9 January 2010. Archived from the original on 17 March 2019. Retrieved 10 August 2021.
- ^ T. Hansen, Morten; Ibarra, Herminia; Peyer, Urs (January 2010). "Mukesh D. Ambani – 100 Best-Performing CEOs in the World". Harvard Business Review. Harvard Business Publishing. Archived from the original on 1 March 2012. Retrieved 10 August 2021.
- ^ "BCIU Presents Dwight D. Eisenhower Global Awards to Mukesh D." Bloomberg. 11 November 2010. Archived from the original on 29 July 2014. Retrieved 1 August 2014.
- ^ "Four Indian American Engineers Among Newly Elected NAE Members". India West. 9 February 2016. Archived from the original on 4 June 2016. Retrieved 18 June 2016.
- ^ "Mr. Mukesh Dhirubhai Ambani". National Academy of Engineering. Archived from the original on 25 March 2023. Retrieved 10 August 2021.
- ^ "Mukesh Ambani awarded Othmer Gold Medal for Entrepreneurial Leadership". NetIndian News Network. 17 May 2016. Archived from the original on 18 May 2016. Retrieved 17 May 2016.
- ^ "Othmer Gold Medal". Science History Institute. 31 May 2016. Archived from the original on 2 February 2018. Retrieved 10 August 2021.
- ^ Scroll Staff (2 January 2021). "SEBI fines Reliance Industries, Mukesh Ambani Rs 40 crore for 'manipulative trades' in 2007". Scroll.in. Archived from the original on 29 January 2023. Retrieved 31 January 2023.
- ^ "Reliance Petroleum case. SEBI fines Reliance Industries, Mukesh Ambani, two other entities". The Hindu. 1 January 2021. Archived from the original on 29 January 2023. Retrieved 31 January 2023 – via www.thehindu.com.
- ^ Pathak, Kalpana (1 January 2021). "RPL case: Sebi slaps fine on Reliance, Ambani". mint. Archived from the original on 29 January 2023. Retrieved 31 January 2023.
- ^ "SEBI imposes penalty on Mukesh Ambani and Reliance Industries for manipulative trading". Business Insider. Archived from the original on 29 January 2023. Retrieved 31 January 2023.
- ^ "India's Reliance Industries and chairman fined over share trades". Reuters. 1 January 2021. Archived from the original on 29 January 2023. Retrieved 31 January 2023 – via www.reuters.com.
- ^ "Reliance Industries Falls After Manipulation Charge, Trading Ban". Bloomberg. 27 March 2017. Archived from the original on 30 March 2017. Retrieved 31 January 2023 – via www.bloomberg.com.
- ^ "Meet the Ambanis, the richest family in Asia, who live in a $1 billion skyscraper and mingle with royals, politicians, and Bollywood stars". Business Insider. Archived from the original on 11 February 2022. Retrieved 11 February 2022.
- ^ "Unboxing Anant Ambani and Radhika Merchant's exquisite wedding invite". India Today. 28 June 2024. Archived from the original on 28 June 2024. Retrieved 29 June 2024.
- ^ Peoplemag (4 March 2024). "All About Billionaire Mukesh Ambani's 3 Children: Akash, Isha and Anant". Archived from the original on 7 March 2024. Retrieved 7 March 2024.
- ^ "India's young billionaire heirs and heiresses". India TV. 28 November 2012. Archived from the original on 22 April 2021. Retrieved 10 August 2021.
- ^ Vartak, Priyanka (24 November 2017). "Nita Ambani's story, from school teacher to India's wealthiest woman, is worth a read!". The Free Press Journal. Archived from the original on 24 November 2017. Retrieved 10 August 2021.
- ^ Magnier, Mark (24 October 2010). "Mumbai billionaire's home boasts 27 floors, ocean and slum views". Los Angeles Times. Archived from the original on 15 October 2018. Retrieved 10 August 2021.
- ^ Kwek, Glenda (15 October 2010). "India's richest man builds world's first billion-dollar home". The Age. Melbourne. Archived from the original on 30 October 2010. Retrieved 10 August 2021.
- ^ Hanrahan, Mark (18 May 2012). "Antilia: Inside Mukesh Ambani's 27-Story Mumbai Residence, The World's First $1 Billion Home (PHOTOS)". HuffPost. Archived from the original on 6 February 2019. Retrieved 10 August 2021.
- ^ "Big business and Bollywood grab stakes in IPL". ESPNcricinfo. 24 January 2008. Archived from the original on 17 October 2022. Retrieved 10 August 2021.
- ^ Badenhausen, Kurt (7 March 2018). "The World's Richest Sports Team Owners 2018". Forbes. Archived from the original on 1 August 2018. Retrieved 1 August 2018.
- ^ "Mukesh Ambani is India's richest man for the second year in a row". thomaswhite.com. 1 June 2010. Archived from the original on 15 June 2013. Retrieved 9 April 2018.
- ^ Chu, Patrick; Idayu Ismail, Netty (5 March 2012). "Mukesh Ambani Backed by India Power Holdings Proves Asia's Top Billionaire". Bloomberg. Archived from the original on 10 August 2021. Retrieved 10 August 2021.
- ^ "Mukesh Ambani forgoes Rs 23.82 crore from his pay package". The Times of India. 9 May 2012. Archived from the original on 12 September 2018. Retrieved 15 January 2022.
- ^ Altstedter, Ari; Sanjai, P. R. (3 June 2020). "Mukesh Ambani Won the World's Most Expensive Sibling Rivalry". Bloomberg Businessweek. Archived from the original on 25 July 2021. Retrieved 10 August 2021.
- ^ "Mukesh Ambani bomb scare brings Mumbai's dirty politics into the open". Financial Times. 4 April 2021. Archived from the original on 8 July 2022. Retrieved 1 June 2022.
- ^ "Mumbai: Mukesh Ambani Receives Death Threat Via Email; Probe On". News18. 28 October 2023. Archived from the original on 28 October 2023. Retrieved 28 October 2023.
- ^ a b "Asia's richest man Mukesh Ambani is set to throw a grand wedding for his son. Here's what to know". AP News. 6 July 2024. Archived from the original on 9 July 2024. Retrieved 9 July 2024.
- ^ "Anant Ambani and Radhika Merchant: Bieber performs at India's mega wedding". BBC News. 8 July 2024. Archived from the original on 10 July 2024. Retrieved 10 July 2024.
- ^ Mogul, Rhea (3 July 2024). "The son of Asia's richest man is getting married in one of India's most anticipated — and lavish — weddings of the year". CNN. Retrieved 9 July 2024.
- ^ a b Ellis-Petersen, Hannah (12 July 2024). "Ambani wedding: after months of celebrations, the 'Windsors of India' finally set to marry". The Guardian. ISSN 0261-3077. Archived from the original on 25 July 2024. Retrieved 13 July 2024.
- ^ Das, Anupreeta (12 July 2024). "A Wedding Puts India's Gilded Age on Lavish Display". The New York Times. ISSN 0362-4331. Archived from the original on 13 July 2024. Retrieved 13 July 2024.
- ^ "An insight into Mukesh Ambani's empire and how he became Asia's richest man". The National. 15 July 2018. Retrieved 10 August 2021.
- ^ iyer, rahul (27 July 2024). "Anant Ambani: A Glimpse into His Life and Legacy". Leader Biography. Retrieved 29 July 2024.
- ^ Aggarwal, Mithil; Chhetri, Aishwarya Thapa (12 July 2024). "'The crazy richest wedding ever': Son of Asia's richest man marries after months of lavish events". NBC News. Archived from the original on 13 July 2024. Retrieved 13 July 2024.
- ^ "Anant Ambani donates 20 kg gold crown worth Rs 15 crore to Lalbaugcha Raja". India Today. 6 September 2024. Retrieved 7 September 2024.
- ^ "Mukesh Ambani acquires India's first Boeing 737 Max 9 private aircraft: What's special about it?". www.onmanorama.com. Retrieved 19 September 2024.
External links
- 1957 births
- Ambani family
- Businesspeople from Mumbai
- Foreign associates of the National Academy of Engineering
- Gujarati businesspeople
- Hill Grange High School alumni
- Indian billionaires
- Indian businesspeople in the oil industry
- Indian businesspeople in telecommunications
- Indian Hindus
- Indian industrialists
- Indian Premier League franchise owners
- Institute of Chemical Technology alumni
- Living people
- Reliance Industries people
- Stanford Graduate School of Business alumni
- University of Mumbai alumni
- Victims of bomb threats
- Businesspeople from Gujarat
- People from Mumbai
- St. Xavier's College, Mumbai alumni