Net Worth: $21 B (2015)
Fortune : Inherited and Growing
Source : Petrochemicals‚ oil & gas
Country Of Citizenship : India
Residence : Mumbai
Education : University of Mumbai (Bachelor of Chemical Engineering)‚ Stanford University-Stanford Graduat
Date of Birth : April 19th 1957
Profession : Chairman & MD of Reliance Industries
Family : Spouse(s): Nita Ambani‚ Children: Akash‚ Anant and Isha
In 2010‚ Mukesh Ambani with $29.0 ranks in the fourth position in the Forbes list of world’s top billionaires. The Indian business magnate and the chairman and managing director of Reliance Industries is known to be leader of the largest private sector enterprise in India. Mukesh Ambani holds personal stake of 48% in the Reliance Industries.
On 29 October 2007‚ he had been for a short while the number one billionaire with the appreciation of the Indian rupees. That time‚ his net worth summed to US$63.2 billion that left Bill gates behind with US $56 billion. The Forbes magazine has forecasted that there are chances of him becoming the world’s richest man again in 2014.
Mukesh Ambani jumped three places this year from the previous year ranking when Mukesh Ambani ranked 7th. In 2010‚ it is the glorious fourth ranking for him in World Top Billionaire List. The steel tycoon Lakshmi Mittal follows him in the fifth position with $ 28.5 billion. This has been the second straight year that Ambani has won the title of the richest Indian as well. Forbes also quoted that his net worth increased by $ 9.5 billion from the last year.
It was in 1981 that Mukesh Ambani joined the Reliance Industries. Mukesh Ambani started the backward integration journey in Reliance once again‚ from textiles into polyester fibres and further into petrochemicals and then to refining of petroleum.
The credit of setting up of the largest and most complex information and communications technology‚ Reliance Infocomm Limited (now Reliance Communications Limited) goes to Mukesh Ambani. Mukesh Ambani also leads the world’s largest grassroots petroleum refinery at Jamnagar. The refinery has an impressive capacity of refining 33 million tonnes per year.
Named among the most powerful people in the world by Forbes in the list of 68 people by Forbes in 2010.Readmore...
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