Mukesh Ambani

Mukesh Ambani

(born April 19, 1957 in Yemen) is an Indian businessman and the world’s 5th richest man, with a net worth of approximately $20.8 billion. He is the chairman, managing director and the largest shareholder of Reliance Industries, India’s largest private sector enterprise and a Fortune 500 company. His personal stake in Reliance Industries is 48%. His wealth is valued at US$20.8 billion (according to Forbes), making him the richest man in Asia.

Mukesh and younger brother Anil are sons of the late founder of Reliance Industries, Dhirubhai Ambani. Mukesh also owns the Indian Premier League team Mumbai Indians.

Kingdom :

1] Mumbai Indians.
2] Reliance Retial
3] Reliance Power

Education

Mukesh Ambani was educated at Abaay Morischa School in Mumbai and completed his graduation with a bachelor’s degree in chemical engineering from the UDCT.Mukesh later enrolled for an MBA from Stanford University but completed only one year of the two year program.

Mukesh Ambani is a devout Hindu

Career

Mukesh Ambani joined Reliance in 1981 and initiated Reliance’s backward integration from textiles into polyester fibres and further into petrochemicals. In this process, he directed the creation of 60 new, world-class manufacturing facilities involving diverse technologies that have raised Reliance’s manufacturing capacities from less than a million tonnes to twelve million tonnes per year.

He directed and led the creation of the world’s largest grassroots petroleum refinery at Jamnagar, Gujarat, India, with a present capacity of 660,000 barrels per day (105,000 m³/d) (33 million tonnes per year) integrated with petrochemicals, power generation, port and related infrastructure, at an investment of Rs 100000 crore (nearly $26 billion USD).

Mukesh Ambani set up one of the largest telecommunications companies in India in the form of Reliance Communications (formerly Reliance Infocom) Limited. However, Reliance Infocom now is under Anil Dhirubhai Ambani Group post the brothers’ split. Had the two brothers not split, and Mukesh being the president , his net worth would have been around $85 billion. Under Ambani’s leadership, Reliance has entered retail business through its wholly owned subsidiary Reliance Retail.

Under him Reliance Retail has also launched a new chain called Delight stores and also signed a letter of intent with NOVA Chemicals to make energy-efficient structures for Reliance Retail.

Ambani owns the Indian Premier League team Mumbai Indians.

Family

Mukesh Ambani and Nita Ambani

Mukesh Ambani is son of one of the most prominent businessmen in India, the late Dhirubhai Ambani, an Indian entrepreneur and founder of Reliance Industries.

His brother Anil Ambani heads Reliance Anil Dhirubhai Ambani Group with interests in telecom, power, natural resources, infrastructure and financial services. The Ambani brothers had a well-publicized spat after their father’s death, which led to the Reliance Group being split between the two.

Mukesh Ambani is married to Nita Ambani, who looks after the social and charitable arm of Reliance Industries. They have three children: Akash, Isha and Anant.

Mukesh Ambani is currently building the world’s most expensive home (valued at $2 billion). This will be a 60-story skyscraper (with only 27 floors) in downtown Mumbai. It may be called Antilia.

Achievements

* Chosen the businessman of the year 2007 by a public poll in India conducted by NDTV.
* Conferred the United States-India Business Council (USIBC) leadership award for “Global Vision” 2007 in Washington.

* Ranked 42nd among the World’s Most Respected Business Leaders and second among the four Indian CEOs featured in a survey conducted by Pricewaterhouse Coopers and published in Financial Times, London, November 2004.

* Conferred the World Communication Award for the Most Influential Person in Telecommunications in 2004 by Total Telecom, October, 2004.

* Chosen Telecom Man of the Year 2004 by Voice and Data magazine, September 2004.

* Ranked 13th in Asia’s Power 25 list of The Most Powerful People in Business published by Fortune magazine, August 2004.

* Conferred the Asia Society Leadership Award by the Asia Society, Washington D.C., USA, May 2004.

* Ranked No.1 for the second consecutive year, in The Power List 2004 published by India Today, March 2004.

* Recorded as the first Trillionaire in India, June 2007.

* Awarded the “Chitralekha Person of the Year Award — 2007″ by Gujarat Chief Minister Narendra Modi.

Anil Ambani (4th June 1959) is an Indian businessman. As of October 2th 2008, his net-worth is estimated to be USD $12.5 billion.
His was the world’s fastest-growing multi-billion-dollar fortune in percentage terms as his wealth tripled in 1 year.

Introduction

Anil Ambani

Father  :  Dhirubhai Ambani
Mother:  Kokilaben Ambani
Brother: Mukesh Ambani
Wife      :  Tina Ambani ( Munim )
Child     : Anmol & Anshul

Business Empire :

* Dhirubhai Ambani Institute of Information and Communication Technology
* Forbes.com: Forbes World’s Richest People
* Reliance ADAG
* Reliance India Call
* Reliance Communications
* Reliance Energy
* Reliance Capital
* Reliance World
* Reliance Life Insurance
* Reliance General Insurance
* Reliance Mutual Fund
* Reliance Portfolio Management
* Reliance Natural Resources
* Reliance Technology Ventures Ltd
* Reliance Money
* Reliance Health
* Adlabs Films
* Adlabs Cinemas Interests

Anil Ambani

1]Football
2] Movies
3] Marathon Run( Always Been the Limelight over it)
4] Politics

Ambani is the chairman of Reliance Capital, Reliance Communications and Chairman & Managing Director, Reliance Energy, and was formerly Vice Chairman and Managing Director of Reliance Industries Limited. His personal stake in Reliance Communications is 66%. Reliance group is India’s largest business house, founded by Anil’s late father Dhirubhai Ambani (1932-2002). . He is married to Tina Ambani (Munim) who was a well known Indian Actress in early 80′s, and with whom he has two sons, Jai Anmol and Jai Anshul. He has been linked with buying Newcastle United and Everton premier league football clubs, as well as Championship Club Southampton’s south coast rival Portsmouth.

The total investors’ wealth in the four Anil Ambani Group firms — Reliance Communications (RCOM), Reliance Capital (RCL), Reliance Energy (REL) and Reliance Natural Resources Ltd (RNRL) has reached 1,42,384 crore rupees(i.e $ 31640888888 ), while total promoter holding is estimated at about Rs 87,000 crore. Anil’s wealth comes mostly from his over 65 per cent stake in RCOM, which has a market cap of about Rs 1,03,000 crore. He also has over 50 per cent in RCL (market cap of Rs 24,000 crore), 35 per cent in REL (market cap of Rs 12,700 crore) and close to 54 per cent in RNRL, which has a market cap of about Rs 2,600 crore.His net worth subsequently plunges by over 60% owing to poor stock market condition in India led by ADAG stocks.[3].
Career

Anil Ambani joined Reliance, the company founded by his late father Dhirubhai Ambani, in 1983 as Co-Chief Executive Officer and is credited with having pioneered many financial innovations in the Indian capital markets. For example, he led India’s first forays into overseas capital markets with international public offerings of global depositary receipts, convertibles and bonds. He directed Reliance in its efforts to raise, since 1991, around US$2 billion from overseas financial markets; with a 100-year Yankee bond issue in January 1997 being the high point, after which people regarded him as a financial wizard. He has steered the Reliance Group to its current status as India’s leading textiles, petroleum, petrochemicals, power, and telecom company.

His Membership’s

Anil was the member of Uttar Pradesh Development Council (this council has now been scrapped). He is also the Chairman of Board of Governors of DA-IICT, Gandhinagar and a member of the Board of Governors of the Indian Institute of Technology, Kanpur. He is member of the Board of Governors, Indian Institute of Management, Ahmedabad. He is also a member of the Central Advisory Committee, Central Electricity Regulatory Commission. In June 2004, Anil was elected as an Independent Member of the Rajya Sabha – Upper House, Parliament of India with the support of the Samajwadi Party. In March 2006, he resigned. In 2007 his name was added to the list of Indian Trillionaires (in terms of Indian Rupee).[citation needed]

He has been linked with several starlets in his long career including his current wife of more than 15 years. He is a close friend of movie star Amitabh Bachchan[citation needed]. One of his major achievements in the entertainment industry is the takeover of Adlabs, the movie production to distribution to multiplex company that owns Mumbai’s only dome theatre.

He recently topped Business Sheet’s “biggest loser” list of business leaders who lost money in the Late 2000s recession [4]

Awards

* Voted Businessman of the Year 2006 by Times of India-TNS poll [1]

* Adjudged as the CEO of the Year at the prestigious Platts Global Energy Awards for 2004.

* Voted ‘MTV Youth Icon of the Year’, September 2003.

* Conferred ‘The Entrepreneur of the Decade Award’ by the Bombay Management Association, October 2002.

* Awarded the First Wharton Indian Alumni Award by the Wharton India Economic Forum (WIEF) in recognition of his contribution to the establishment of Reliance as a global leader in many of its business areas, December 2001.

* Conferred the ‘Businessman of the Year 1997′ award by India’s leading business magazine Business India, December 1997.

Criticism and allegations

Involvement in Notes-for-Vote scandal

Further information: Notes-for-Vote scandal and 2008 Lok Sabha Vote of Confidence

Prominent British think-tank Oxford Analytica quotes:
“

“When four Marxist parties forced a confidence vote (held on July 22) by withdrawing their support over the issue of a nuclear energy deal with the US, Anil played an important role in securing the requisite backing to keep the government intact — at a cost estimated at some three million dollars per vote,” it added.

“Where the SP’s rapprochement with the ruling Congress Party will leave Mukesh and the older Reliance Industries is now a matter of open conjecture.”

Since July 7, when it became clear that Amar Singh, who is considered to be close to Anil Ambani, and his Samajwadi Party (SP) would support the government, the market capitalisation of Anil’s holdings in six companies increased by 24% to Rs 1,41,415 crore. That means, he became richer by almost Rs 27,000 crore [~ USD 7 billion].
”

English Premier League

Ambani was in talks with Everton officials over a deal to takeover the club.