About Mukesh Ambani
According to Forbes, he is India’s richest man. He runs and is chairman of Reliance Industries Ltd, which has interests in petrochemicals, oil and gas, telecom and retail. The company has revenue of $74 billion. Reliance had founding by his father in 1966; it was originally a small textile manufacturer.
Mukesh Ambani Biography
Born in 1957 in Aden, Yemen, he was the son of Dhirubhai Ambani, who was a yarn trader before founding Reliance Industries. They moved back to India from Yemen, as his father wanted to start a business that focused on textiles and spices.
Mukesh was a dropout from Stanford University, but received his Bachelor of Science in Engineering from Mumbai Institute of Chemical Technology. His father died in 2002, and Ambani and his younger brother divided up the empire, as his father left no will.
Mukesh married Nita Ambani in 1985. They have three children.
News on Mukesh Ambani
Reliance Industries entered the telecom market in 2016, and 4G phone service Jio had launching.
He sold a third of Jio to such investors as Google and Facebook, thus raising $20 billion during the lockdown from Covid-19.
His awards are many. They include the following early awards:
- Ernst & Young Entrepreneur of the Year
- Global Vision Award at The Awards Dinner – 2010
- Business Leader of the Year – 2010
- School of Engineering and Applied Science Dean’s Medal, University of Pennsylvania – 2010
- Global Leadership Award – 2010
There are many more honors of which he is the recipient. Ambani also holds honorary doctorates and is a 2013 Millennium Business Leader of the Decade at the Indian Affairs India Leadership Conclave Awards.
Mukesh Ambani news today: His fortune grew by $2.8 billion when markets struggled in Russia war in 2022. Hot oil prices and a deal between retail players helped accomplish this.
He has a marriage to Nita Ambani, and they have three children.
He is born in Yemen, which had the name, Aden. His early childhood was there, but they moved back to India.
He has listing by Forbes as #1 in net worth. Mukesh Ambani net worth in 2022 is 84.2 billion.
He left Stanford University in 1980 to help his father build Reliance, which was a small company at the time. However, it was growing quickly, and by 1981 he had involvement in the business.