Unveiling the Journey of Mukesh Ambani’s Success Story
Mukesh Ambani is a dynamic business leader and seasoned entrepreneur. He is recognized for his strategic vision, unique mindset, and dynamic leadership. He is the biggest shareholder and MD of Reliance Industries, a Fortune Global 500 company. With a net worth of around $123.7 billion, Mukesh Ambani is on the world’s richest list. He is involved in different businesses including textiles, natural resources, energy, petrochemicals, and telecommunications. Today, Mukesh Ambani is known for steering India’s economic growth.
Mukesh Ambani’s Family Tree and Education
Mukesh Ambani was born into a Gujarati Hindu family. His father’s name is Dhirubahi Ambani and his mother’s name is Kokilaben Ambani. He has a younger brother, Anil Ambani, and two sisters, Dipti Dattaraj Salgaonkar and Nina Bhadrashyam Kothari.
He completed his education at Hill Grange High School in Mumbai and did his undergraduate at St. Xaviers College, Mumbai. He took admission at Standford University for an MBA but decided to come back to India to help his father build the family business, Reliance.
The Inspiring Journey: How Mukesh Ambani Became Rich?
At the young age of 20, Mukesh Ambani joined his father’s business and specialized in manufacturing textiles and fabrics. He also steered the company towards petrochemicals and refining during the 1990s. In the next decade, Reliance Industries entered into retail and telecom, and Mukesh Ambani played a major role in establishing the first manufacturing project for Reliance.
After his father passed away without any will, he and his brother Anil Ambani got into a dispute for a decade. Finally, her mother, Kokila Ben, came forward and distributed the assets. Anil got electricity, financial services, and telecom, worth INR 25,000 crores, while Mukesh received textiles, oil, gas, refining, and petrochemicals. All the companies under Mukesh Ambani were named Reliance Industries, and those under Anil Ambani were named Reliance Anil Dhirubhai Ambani Group or Reliance Grou.
With his innovative approach and strategic views, Mukesh led his shares of companies towards growth and reached new heights of success. In 2007, Reliance Industries became the first Indian company to cross the $100 billion threshold. Recently, Mukesh Ambani made a remarkable move by launching Jio and entering the telecom sector. It brought a revolution in this industry and pushed competitors to join one another.
Mukesh Ambani Owned Companies
Mukesh Ambani chairs and runs $110 around Reliance Industries. This company was founded by his late father, Dhirubhai Ambani, in the year 1966. After his father’s death, Mukesh and his younger brother Anil divided the family empire.
At present, his three children are part of the Reliance board. Mukesh Ambani’s elder son, Akash Head Jio, his daughter, Isha, leads retail and financial services, and his younger son, Anant, is involved in the energy segment.
Today, Mukesh Ambani’s success story has become India’s success story. It is a perfect testament to his unwavering determination, inspiring leadership, and capability to seize opportunities. Mukesh Ambani’s wife, Nita Ambani and his family has been the biggest backbone behind this notable success. Aspiring entrepreneurs and business leaders follow him and numerous publications and magazines have published his story.
Frequently Asked Questions
01. How much tax does Mukesh Ambani pay?
As shared by Mukesh Ambani at the company’s 40th annual meeting, Mukesh Ambani is the highest income taxpayer in the private sector of India with 8,880 crore.
02. Who is the No. 1 richest person in India?
Mukesh Ambani is the richest person in India.
03. How much is Mukesh Ambani’s net worth?
Mukesh Ambani’s net worth in billions of dollars is $115.9 billion.
04. How many shares does Mukesh Ambani have of reliance?
Mukesh Ambani alone owns 75 lakh, or 0.12% of shares, while his wife, Nita Ambani, owns a 0.12 stake in RIL.
05. Who are India’s top 5 richest people?
Here is the list of the top 5 richest people in India:
- Mukesh Ambani
- Gautam Adani
- Savitri Jindal and family
- Shiv Nadar
- Dilip Shanghvi
06. What does Mukesh Ambani own?
Mukesh Ambani owns 42% of stakes in Reliance Industries; it is the major source of his wealth.
07. What is Mukesh Ambani’s monthly income?
His annual remuneration from 2008 to 2020 is 15 crore. Since 2021, he has decided to forego his salary due to COVID until the company and all its businesses become profitable.
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