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Mukesh Ambani (born on 19 April 1957) is an Indian business magnate and

the chairmanand managing director of Reliance Industries,[4] the largest private sector enterprise
in India, a Fortune 500 company.[5], and one of the largest private sector conglomerates in the
world.

His personal stake in Reliance Industries is 48%.[6]

As of July 2010, he is the richest man in Asia[2] and the fourth richest man in the world with a
personal wealth of US$29.0 billion. On 29 October 2007, there was a strong bull rally in the Indian
stock market and the appreciation of the Indian rupee, which boosted the market capitalisation of
all Reliance group companies, in which Mukesh Ambani has a very significant stake, resulting in
making him the world’s richest man,[7] with net worth climbing to US$63.2 billion leaving Bill
Gates behind at around $56 billion.[8][9]

He is expected to be the world's richest person in 2014 according to Forbes Magazine forecasts.
[10]

Contents
[hide]

• 1 Family and Early life

• 2 Personal life

• 3 Career

• 4 Honours and Awards

• 5 See also

• 6 References

• 7 External links

[edit]Family and Early life


Antilia as seen from Altamount Road,Mumbai

Mukesh Ambani is the eldest son of Dhirubhai Ambani, the late founder of Reliance Industries.

The Ambani family (including parents and brothers) lived in a 2 bedroom apartment
inBhuleshwar, Mumbai until the 1970s.

His younger brother, Anil Ambani, is also a billionaire and owns a competing company,Reliance
Anil Dhirubhai Ambani Group.

[edit]Personal life
He is married to Nita Ambani and has three children, Akash, Anant and Isha.[11] He owns the
Indian Premier League team, the Mumbai Indians.hhh

They live in a private 27 story building in Mumbai, named Antilia.[12]

[edit]Career

He joined Reliance Industries in 1981. [13] 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
initiative 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.[14]

In August 2010 Reliance announced a $392 million stake in a USA natural gas interest located in
central and northeast Pennsylvania. Reliance has also purchased significant stakes in the shale
gas assets of Atlas Energy Inc. and Pioneer Natural Resources. [15]

[edit]Honours and Awards


[16]

Ambani (right) with Ratan Naval Tata and U.S. Secretary of State Hillary Rodham Clinton

 January 2010: School of Engineering and Applied Science of the University of


Pennsylvaniaconfers him with the Dean's medal.
 Chosen the businessman of the year 2007 by a public poll in India conducted by NDTV
 Conferred the United States-India Business Council (USIBC) leadership award for
"Global Vision" 2007 in Washington.
 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 inFinancial Times, London, November 2004.
 Conferred the World Communication Award for the Most Influential Person in
Telecommunications in 2004 by Total Telecom, October, 2004.
 Chosen Telecom Man of the Year 2004 by Voice and Data magazine, September 2004.
 Ranked 13th in Asia's Power 25 list of The Most Powerful
 Awarded the "Chitralekha Person of the Year Award -- 2007" by Gujarat Chief
Minister Narendra Modi.
 Former Chairman of Indian Institute of Management Bangalore(IIM-B).
 Fishing Diplomat
 Honorary Fellow of IChemE (the Institution of Chemical Engineers)

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