Mukesh Ambani

Mukesh Ambani is an Indian business magnate. He is the chairman and managing director of Indian conglomerate Reliance Industries, the largest private sector enterprise in India listed in Fortune Global 500. RIL is India's most valuable company by market value and second-largest Indian company by turnover. His personal stake in Reliance Industries is 44.7%, which is the operator of the world’s biggest oil refining complex and owner of India’s biggest natural gas field. The Ambani family is the richest family in India and one of the richest in the world, their wealth inherited from Dhirubhai Ambani, founder of largest Indian conglomerate Reliance Group. 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 2012, he is the second richest man in Asia and the 19th richest person in the world with a personal wealth of US$22.3 billion. In 2007, a strong rally in the Indian stock market and the appreciation of the Indian rupee boosted the market capitalization of Reliance group companies, briefly making him the world’s richest man.

In 2012, Forbes named Mukesh Ambani the 2nd richest sports owner in the world. According to the list of richest sports owners, he is richer than owners of Chelsea and AC Milan. Ambani owns the Indian Premier League domestic cricket club Mumbai Indians.

In spite of stiff competition from Tatas and Birlas, Dhirubhai was awarded the licence to build the PFY (Polyester Filament Yarn) plant. Dhirubhai pulled his eldest son Mukesh out of Stanford where he was studying for his MBA. Mukesh Ambani then dropped out to help his father.

He joined Reliance Industries in 1981.He initiated Reliance's backward integration journey from textiles into polyester fibres 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 masses petroleum refinery at Jamnagar, with a current capacity of 660,000 barrels per day (33 million tonnes per year) integrated with petrochemicals, power generation, port and related infrastructure.

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 2012, he is the second richest man in Asia and the 19th richest person in the world with a personal wealth of US$22.3 billion. In 2007, a strong rally in the Indian stock market and the appreciation of the Indian rupee boosted the market capitalization of Reliance group companies, briefly making him the world’s richest man.

In 2012, Forbes named Mukesh Ambani the 2nd richest sports owner in the world. According to the list of richest sports owners, he is richer than owners of Chelsea and AC Milan. Ambani owns the Indian Premier League domestic cricket club Mumbai Indians.

In spite of stiff competition from Tatas and Birlas, Dhirubhai was awarded the licence to build the PFY (Polyester Filament Yarn) plant. Dhirubhai pulled his eldest son Mukesh out of Stanford where he was studying for his MBA. Mukesh Ambani then dropped out to help his father.

He joined Reliance Industries in 1981.He initiated Reliance's backward integration journey from textiles into polyester fibres 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 masses petroleum refinery at Jamnagar, with a current capacity of 660,000 barrels per day (33 million tonnes per year) integrated with petrochemicals, power generation, port and related infrastructure.