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    knowledge center > Top Indian Business People

    Name: Mukesh Ambani 

    Born:   19 April, 1957

    Educational qualification:  MBA from Stanford University, USA

    Occupation: Chairman and managing director of Reliance Industries Limited.

     

     

     

    Mukesh Ambani
     
     
     
    Mukesh Ambani
     

    Achievements: 

    1. 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. 
    2. Conferred the World Communication Award for 'the Most Influential Person in Telecommunications' in  2004 by Total Telecom, October, 2004. 
    3.  Ranked 13th in Asia's Power 25 list of 'The Most Powerful People in Business' published by Fortune  magazine, August 2004.    
    4. Conferred the 'Asia Society Leadership Award' by the Asia Society, Washington D.C., USA, May 2004.
    5. Ranked No.1 for the second consecutive year, in The Power List 2004' published by India Today, March 2004.
    About Mukesh Ambani:
    Mukesh Dhirubhai Ambani (born on 19 April 1957) is an Indian business magnate is the current chairman and managing director of Reliance Industries, the largest private sector enterprise in India, a Fortune 500 company, and one of the largest private sector conglomerates in the world. His personal stake in Reliance Industries is 48%.

    In 2010, he was named among the most powerful people in the world by Forbes in its list of "68 people who matter most" As of 2011, he is the second richest man in Asia and the ninth richest man in the world with a personal wealth of US$27 billion. In 2007, a strong rally in the Indian stock market and the appreciation of the Indian rupee boosted the market capitalisation of Reliance group companies, briefly making him the world’s richest man. According to Forbes Magazine forecasts, he is expected to regain the title of the richest man in the world in 2014.

    He is a member of the board of director of Bank of America Corporation and a present member of the international advisory board of Council on Foreign Relations.

    Early Life and Education:

    Mukesh Ambani is the eldest son of Dhirubhai Ambani, the late founder of Reliance Industries. He has a brother, Anil, and two sisters.

    The Ambani family lived in a two bedroom apartment in Bhuleshwar, Mumbai until the 1970s. Dhirubhai Ambani then purchased a 14-floor apartment block called 'Sea Wind' in Colaba, where, until recently, Mukesh and Anil each lived with their families on different floors.

    Anil Ambani is also a billionaire and owns a competing company, Reliance Anil Dhirubhai Ambani Group. The two brothers have had clashes over business.

    Career:

    He joined Reliance Industries in 1981. He initiated Reliance's backward integration journey from textiles into polyester fibers and further into petrochemicals, petroleum refining and going up-stream into oil and gas exploration and production.

    Ambani set up one of the largest and most complex information and communications technology initiatives in the world in the form of Reliance Infocomm Limited (now Reliance Communications Limited).

    Ambani directed and led the creation of the world’s largest grassroots petroleum refinery at Jamnagar, India, with a current capacity of 660,000 barrels per day (33 million tonnes per year) integrated with petrochemicals, power generation, port and related infrastructure.

    Awards and Honors:

    Year of Award or Honor

    Name of Award or Honor

    Awarding Organization

    2010

    School of Engineering and Applied Science Dean's Medal

    University of Pennsylvania.

    2007

    United States-India Business Council Leadership Award

    United States-India Business Council.

    2007

    Chitralekha Person of the Year Award

    Government of Gujarat.

    2004

    World Communication Award

    Total Telecom.


     

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