Who is Mukesh Ambani? Everything You Need to Know

Quick Facts

Indian Celebrities Born In April

Also Known As: Mukesh Dhirubhai Ambani

Age: 67 Years, 67 Year Old Males

Family:

Spouse/Ex-: Nita Ambani (m. 1985)

father: Dhirubhai Ambani

mother: Kokilaben Ambani

siblings: Anil Ambani, Deepti Salgaonkar, Nina Kothari

children: Akash Ambani, Anant Ambani, Isha Ambani

Born Country: Yemen

Billionaires Oil Barons

Height: 5'7" (170 cm), 5'7" Males

Founder/Co-Founder: Reliance Communications

More Facts

education: Stanford Graduate School of Business, Institute of Chemical Technology, University of Mumbai, Stanford University, Hill Grange High School

awards: Ernst & Young Entrepreneur Of The Year (2000)
Business Leader of the Year (2010)
Global Leadership Award (2010)

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What are the major businesses owned by Mukesh Ambani?

Mukesh Ambani owns major businesses in the sectors of oil and gas, petrochemicals, telecommunications, and retail.
2

How did Mukesh Ambani establish his business empire?

Mukesh Ambani established his business empire by successfully expanding his father's business, Reliance Industries, and diversifying into various sectors.
3

What is Mukesh Ambani's role in the development of India's telecommunications sector?

Mukesh Ambani played a significant role in the development of India's telecommunications sector by launching Reliance Jio, which revolutionized the industry with affordable data and voice services.
4

How has Mukesh Ambani contributed to India's economic growth?

Mukesh Ambani has contributed to India's economic growth by creating jobs, investing in various sectors, and spearheading innovative projects that have had a positive impact on the economy.
5

What is Mukesh Ambani's vision for the future of his businesses?

Mukesh Ambani's vision for the future of his businesses includes further expansion, embracing technology, and creating sustainable growth strategies to stay ahead in the ever-evolving business landscape.

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Childhood & Early Life

He was born on April 19, 1957, in Aden, Yemen, to Dhirubhai Ambani and his wife, Kokilaben Ambani. He has two sisters, Dipti Salgaoncar and Nina Kothari, and a younger brother, Anil Ambani.

Dhirubhai Ambani used to work in a firm in Yemen before moving to Mumbai in 1958 where he started his own business of spices. Later, he started focusing on the textile business and gradually transformed into one of India’s most celebrated business magnates.

Mukesh received his early education from the ‘Hill Grange High School,’ Mumbai, along with his brother. Later, he enrolled at the ‘Institute Of Chemical Technology,’ Matunga, and obtained his BE degree in chemical engineering.

He then attended the ‘Stanford University,’ USA, to earn a master’s degree in business administration (MBA). However, he later opted to drop out to assist his father in establishing ‘Reliance Industries.’

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Career

Upon returning, he helped his father in setting up a polyester filament yarn (PFY) manufacturing plant. In 1981, he officially joined the ‘Reliance Industries.’

He emerged as the originator of Reliance’s backward integration from textiles to polyester fiber and later into petrochemicals. During the process, he led the creation of 51 new, world-class manufacturing facilities that involved diverse technologies which raised Reliance's manufacturing capacity.

He also helped in the establishment of ‘Reliance Infocomm Limited’ which focused on information and communications technology initiatives. After the business was divided between the two brothers, his younger brother took over the company which is now known as ‘Reliance Communications Limited.’

In 2008, his company ‘Reliance Industries’ bought a cricket team worth $111.9 million (Mumbai Indians) in ‘The Indian Premier League.’

He currently holds the position of chairman, managing director, chairman of ‘Finance Committee,’ and member of ‘Employees Stock Compensation Committee’ of ‘Reliance Industries Limited.’

His company currently operates in five major segments: exploration and production, refining and marketing, petrochemicals, retail, and telecommunications. It is ranked among the ‘Fortune Global 500’ companies and is India's most valuable company by market value.

He served on the board of directors of ‘Bank of America Corporation’ and on the ‘International Advisory Board of the Council on Foreign Relations.’ He has also served as the chairman of the ‘Board of Indian Institute of Management Bangalore’ (IIMB).

He revolutionized the Indian network communications by setting up the digital infrastructure of 4G network and forming the ‘Reliance Jio Infocomm Limited,’ popularly known as ‘Jio,’ which was made available in September 2016.

His company ‘Reliance’ has partnered with many international companies, such as ‘BP plc’ (British Petroleum Company plc), ‘Niantic Inc.,’ ‘Network 18,’ and ‘Eros International’ among many other companies.

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Major Works

His vision resulted in the formation of the world’s largest grassroots petroleum refinery at Jamnagar, India. The refinery is integrated with petrochemicals, power generation, port, and related infrastructure.

One of his most notable works is the establishment of ‘Reliance Communications Limited,’ one of the largest and most complex information and communications technology initiatives in the world.

His company ‘Reliance Jio Infocomm Limited’ became one of the pioneers in bringing the 4G network to India. The company also provides free Wi-Fi hotspot services which have been set-up across cities all over India.

Awards & Achievements

In 2004, he received the ‘World Communication Award’ for the ‘Most Influential Person in Telecommunications’ from ‘Total Telecom.’

In 2007, he was awarded the ‘United States-India Business Council Leadership Award’ by the ‘United States-India Business Council.’ The same year, he won the ‘Chitralekha Person of the Year Award,’ presented by the government of Gujarat.

In 2010, he was named the ‘Business Leader of the Year’ by ‘NDTV India’ and ‘Businessman of the Year’ by the ‘Financial Chronicle.’

In 2010, he was presented with the ‘School of Engineering and Applied Science Dean's Medal’ by the ‘University of Pennsylvania.’

In 2010, he also won the ‘Global Leadership Award,’ presented by the ‘Business Council for International Understanding.’

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In 2010, he received the Honorary Doctorate (Doctor of Science) degree from the ‘Maharaja Sayajirao University,’ Baroda.

In 2014, he was ranked 36 on ‘Forbes’ list of the world's most powerful people. In 2018, he was ranked 32 in the same list.

He was honored with the ‘Asia Society Leadership Award’ by the ‘Asia Society,’ Washington D.C., USA.

He won the ‘ET Business Leader Award’ in 2017 for ‘Corporate Excellency.’

He was also ranked among the ‘Fortune’ magazine’s ‘50 Greatest Leaders of 2018.’

Personal Life & Legacy

He is married to Nita Ambani. The couple is blessed with three children; two sons, Anant and Akash, and a daughter, Isha.

He helped his younger brother Anil Ambani in a bailout of around 463 crores when the latter was guilty of contempt of court involving a partnership with ‘Ericsson’ in February 2019.

Facts About Mukesh Ambani

Mukesh Ambani's home, Antilia, is one of the most expensive private residences in the world, featuring a helipad, multiple swimming pools, and a 50-seat movie theater.

Despite his immense wealth, Mukesh Ambani is known for his simple lifestyle and vegetarian diet.

Ambani is a strong advocate for sustainable development and has invested in renewable energy projects to reduce his company's carbon footprint.

He is a dedicated art collector and has a personal art gallery at his home showcasing works by renowned Indian and international artists.

Mukesh Ambani is a cricket enthusiast and owns the Mumbai Indians, a successful franchise in the Indian Premier League (IPL).

Mukesh Ambani Biography

You wanted to know

What are the major businesses owned by Mukesh Ambani?

How did Mukesh Ambani establish his business empire?

What is Mukesh Ambani's role in the development of India's telecommunications sector?

How has Mukesh Ambani contributed to India's economic growth?

What is Mukesh Ambani's vision for the future of his businesses?