Mukesh Ambani, India's Richest Businessman : Biography and His Success Story

Mukesh Ambani - India's Richest Businessman : Success Story of Mukesh Ambani

Hey guy's in this Post I will tell you about the Biography and Success Story of India's Richest Businessman Mukesh Ambani and hope you will like it.

Mukesh Dhirubhai Ambani known as Mukesh Ambani, who is an Indian business magnate chairman, managing director and the largest shareholder of Reliance Industries Limited (RIL). He is the richest person in India and he is an worthy example of business tycoons carying forward legacy.

About Mukesh Ambani

Mukesh Ambani was born on 19 April, 1957 in Aden , Colony of Aden (Now Yemen) to Indian Buseness Legend Dhirubhai Ambani and his wife Kokilaben Ambani. He has a younger brother, Anil Ambani, and two sisters, Dipti Salgaoncar and Nina Kothari. The Ambani family lived in a modest two-bedroom apartment in Bhuleshwar, Mumbai until the 1970s.

He attended the Hill Grange High School at Peddar Road, Mumbai, along with his brother and where Anand Jain, his close associate, was his classmate. After completing his high school in Mumbai he got a BE Degree in Chemical Engineering from Institute of Chemical technology at Matunga.

Mukesh Ambani later enrolled for an MBA at Stanford University but he had to discontinue his studies to help his father build Reliance, which at the time was still a small but fast growing enterprise.

In 1985, he married to Nita Ambani and they have three children. Two sons, Akash and Anant and a daughter Isha. He lives with his family in an apartment of a private 27 storeyed building named Antillia in Mumbai, Maharashtra, India. His residence is known to be one of the most expensive residential places ever built in the world. It is currently valued at over $ 1 billion.

Business Career & Success Story

After joining the business, Mukesh Ambani played a pivotal role in growing the business legacy and diversified into new sectors. Under his leadership, Reliance Industries made a foray into sectors like petroleum refining, petrochemicals and gas exploration. 

Mukesh Ambani set up Reliance Infocomm Limited (now Reliance Communications Limited), which was focused on information and communications technology initiatives.

In 2010, Mukesh Ambani directed and led the creation of the world's largest grassroots petroleum refinery at Jamnagar, India, which had the capacity to produce 660,000 barrels per day (33 million tonnes per year), integrated with petrochemicals, power generation, port and related infrastructure. The company has also become a leading player in the retail sector, under his leadership and endeavors.

In his successful and enviable business career, Mukesh Ambani has gone through some easeless times, too. His discord with brother Anil Ambani, another business tycoon and chairman of Reliance ADA Group, hogged media attention post the demise of their father.

Mukesh Ambani faced hurdles in the form of business malpractice accusations too. In February 2014, a First Information Report (FIR) alleging criminal offences was filed against him for alleged irregularities in the pricing of natural gas from the KG basin. His detractors, including AAP founder Arvind Kejriwal, accused him of interfering in the governance of the country. RIL as well as Mukesh Ambani himself have denied the allegations strongly. The company has also resorted to legal actions over the controversy.

The numerous acquisitions made by RIL, the acknowledgment from leading business entities, and his firm hold on the throne of India’s richest person has not made Mukesh Ambani complacent. Reliance Jio Infocomm, his telecom arm is all set to roll out 4G services in alliance with his brother Anil Ambani’s company.

On 18 June 2014, Mukesh Ambani, addressing the 40th AGM of Reliance Industries, said it will invest Rs 1.8 trillion (short scale) across businesses in the next three years and launch 4G broadband services in 2015.

"Essentially, whoever is successful, whoever is going to do things that make a difference, is going to be talked about." - Mukesh Dhirubhai Ambani.

In February 2016, Mukesh Ambani-led Jio launched its own 4G smartphone brand named LYF. In June 2016, it was India's third-largest-selling mobile phone brand.

Mukesh Ambani with his wife Nita Ambani

Biography and Wiki :

Real Name - Mukesh Dhirubhai Ambani

Known As - Mukesh Ambani

Nick Name - Muku

Profession - Businessman

Date Of Birth - 19 April, 1957

Birth Place - Aden, Colony of Aden (now Yemen)

Age - 60 Years (as on 2017)

Nationality - Indian

Star Sign/ Zodiac Sign - Aries

Hometown - Mumbai, India

Religion - Hinduism

Family and Relatives :

Father - Dhirubhai Ambani (Indian Business Tycoon)

Mother - Kokilaben Ambani

Brother - Anil Ambani (Indian Businessman)

Sister - Nina Kothari (Industrialist), Deepti Salgaonkar

Wife/ Spouse - Nita Ambani

Son - Akash Ambani, Anant Ambani

Daughter - Isha Ambani

So, guy's this was the biography and success story of Mukesh Ambani, I hope you enjoyed reading this and liked his success story.

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