Mukesh Ambani is undoubtedly the most successful businessman in India. He is the chairman and managing director of Reliance Industries, one of the largest companies in the country. His net worth is estimated to be around $50 billion, making him the richest man in India.
Ambani has been instrumental in the growth of the Indian economy. He has made huge investments in various sectors, including oil and gas, telecommunications, and retail. His companies have created millions of jobs and have contributed significantly to the country’s GDP.
There is no doubt that Mukesh Ambani is a great businessman. However, there are some who argue that he is not the No. 1 businessmen in India. They say that Ambani’s success is primarily due to the fact that he belongs to a wealthy family. They also point to the fact that he has been supported by the government in some of his business ventures.
Mukesh Ambani is an famous Indian business magnate who is the chairman and managing director(MD) of Reliance Industries Limited (RIL). He is the richest man in India and has a net worth of $51.4 billion as of March 2018.
Ambani was born on 19 April 1957, the second of three children of Dhirubhai Ambani and Kokilaben Ambani. He has an older brother, Anil, and a younger sister, Tina. He finished his schooling in 1967 from Clemenceau High School, Mumbai. He then enrolled at the University of Mumbai and completed his Bachelor of Chemical Engineering in 1972.
After graduation, Ambani worked for Reliance Industries on a salary of Rs. 500 per month. In 1980, he was sent by his father to Yemen to oversee the construction of a fertilizer plant. The plant was completed in record time and Ambani returned to India to look after the operations of the polyester division of the company.
In 1986, Ambani was made the managing director of Reliance Industries. He is credited with having turned the company around from a debt-ridden business to one of the most profitable companies in India.
In 2016, Ambani announced that Reliance Jio, a subsidiary of Reliance Industries, would be launching a 4G LTE service in India. The service was launched in September 2016 and has since then been a huge success, with over 100 million subscribers as of March 2018.
Ambani is married to Nita Ambani. They have 2 sons and a daughter.