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Mukesh Ambani
extracted from Wikipedia, the Free Encyclopedia, distributed under the GNU Free Documentation License

Mukesh Dhirubhai Ambani

Mukesh Ambani
Born April 19, 1957 (1957-04-19) (age 52)
Colony of Aden, Aden Protectorate1
Residence Mumbai, India
Nationality Indian
Ethnicity Gujarati Baniya
Education University of Mumbai (Bachelor of Chemical Engineering)
Stanford University-Stanford Graduate School of Business (MBA - dropped out)
Occupation Chairman & Managing Director of Reliance Industries
Net worth â–ēUS$32 billion (2009)23
Religious beliefs Hinduism
Spouse(s) Nita Ambani
Children Isha, Anant and Akash 4

Mukesh Ambani (Gujarati:āŠŪāŦāŠ•āŦ‡āŠķ āŠ…āŠ‚āŠŽāŠūāŠĻāŦ€ ) (born on April 19, 1957 in Aden, Yemen) is an Indian business tycoon.5 He is the chairman, managing director and the largest shareholder of Reliance Industries, India's largest private sector enterprise and a Fortune 500 company, which he got funded by purchasing large standby letters of credit, which were monetized by several Swiss banks which afforded him guaranteed loans for the purchase.6 His personal stake in Reliance Industries is 48%.7 His wealth is valued at $ 32 Billion by Forbes, making him India's wealthiest person.8 Mukesh and his younger brother Anil are sons of the late founder of Reliance Industries, Dhirubhai Ambani. Anil Ambani is also a billionaire and owns another company - Anil Dhirubhai Ambani Group. Mukesh also owns the Indian Premier League team Mumbai Indians.

Contents

Achievements

Ambani (right) with Ratan Naval Tata and U.S. Secretary of State Hillary Rodham Clinton
  • 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
  • Awarded the "Chitralekha Person of the Year Award -- 2007" by Gujarat Chief Minister Narendra Modi.
  • Former Chairman of IIM-B
  • Honorary Fellow of IChemE (the Institution of Chemical Engineers)
  • Conferred the Penn Engineering Dean’s Medal for application of engineering and technology in January 2010

Personal life

Mukesh likes to visit Kruger National Park in South Africa.9 The latest item in his portfolio is cricket. He owns the Mumbai Indians team. His bid of $111.9 million dollars pipped Vijay Mallya's chances of owning the team. Vijay Mallya's bid was of 111.6 million dollars.citation needed He is married to Nita Ambani.10 He has also made the highest bid for Kieron Pollard a West Indies player.citation needed

See also

References

  1. ^ "NDTV Mukesh born in Yemen". Jeetegakaun.in. http://www.jeetegakaun.in/ndtv_indian_of_the_year_2007/mukesh_ambani/. Retrieved 2010-02-09. 
  2. ^ "#1 Mukesh Ambani". Forbes.com. http://www.forbes.com/lists/2009/77/india-billionaires-09_Mukesh-Ambani_JNCE.html. Retrieved 2010-02-09. 
  3. ^ "Ambani brothers, L N Mittal among top 10 billionaires". The Times of India. 2008-03-06. http://timesofindia.indiatimes.com/Anil_Ambani_Lakshmi_Mittal_among_top_10_billionaires/articleshow/2842665.cms. Retrieved 2008-04-04. 
  4. ^ "NY Times pics on Mukesh Ambani". India: Nytimes.com. 2008-06-15. http://www.nytimes.com/slideshow/2008/06/15/business/0615-AMBANI_7.html. Retrieved 2010-02-09. 
  5. ^ "Mukesh Ambani :: RIL :: Reliance Group of Industries". RIL. http://www.ril.com/html/aboutus/mukesh_ambani.html. Retrieved 2010-02-09. 
  6. ^ "FORTUNE Global 500 2006: Countries". Money.cnn.com. 2006-07-24. http://money.cnn.com/magazines/fortune/global500/2006/countries/I.html. Retrieved 2010-02-09. 
  7. ^ "The World's Billionaires". Forbes. 2007-03-08. http://www.forbes.com/lists/2007/10/07billionaires_Mukesh-Ambani_NY3A.html. Retrieved 2007-03-09. "Year 2007." 
  8. ^ "Mukesh Ambani tops Forbes India rich list with $32 bn fortune". India Today. November 19, 2009. http://indiatoday.intoday.in/site/Story/71506/Top%20Stories/Mukesh+Ambani+tops+Forbes+India+rich+list+with+$32+bn+fortune.html. Retrieved 23 November 2009. 
  9. ^ "India Today 2005 Power List". Indiatoday.com. 2005-02-21. http://www.indiatoday.com/itoday/20050221/power2.html. Retrieved 2010-02-09. 
  10. ^ "Nita Ambani". Da-is.org. http://www.da-is.org/html/nita_ambani.html. Retrieved 2010-02-09. 

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