MUKESH DHIRUBHAI AMBANI

• Born19 April 1957 (age 54)

Aden, Colony of Aden (nowYemen)
• ResidenceMumbai, Maharashtra
• Nationality Indian
• Alma University of Bombay
• Mater stanford university(dropo)
• OccupationChairman & MD of Reliance Industries
• Net
worthUS$27 billion (2011)[2]ReligionHinduSpouseNita
AmbaniChildrenAkash, Anant, Isha[3]RelativesAnil
Ambani (Brother)
• Mukesh Dhirubhai Ambani (born on 19 April 1957) is an
Indian business magnate is the current chairman
and managing director ofReliance Industries,[4] the
largest private sector enterprise in India, a Fortune
500 company,[5] and one of the largest private
sectorconglomerates in the world. His personal stake in
Reliance Industries is 48%.[6] On the 17th of August 2011,
Reliance Industries Ltd. lost its status as India's most
valuable firm. RIL , for long the favourite of Indian investors,
was knocked off its four-year perch as the country's most
valuable company, as fears over slowing gas production
dragged its stock down almost 30% in 2011 and led to the
first full day of trade with state owned Coal India on top. [7]
In 2010, he was named among the most powerful people in the world by Forbes in its list
of "68 people who matter most"[8] As of 2011, he is the second richest man in Asia[9] and
the ninth richest man in the world with a personal wealth of US$27 billion. In 2007, a
strong rally in the Indian stock market and the appreciation of the Indian rupee boosted
the market capitalisation of Reliance group companies, briefly making him the world’s
richest man.[10][11][12] According to Forbes Magazine forecasts, he is expected to regain the
title of the richest man in the world in 2014.[13][14]
•

Contents
[hide]
•1 Early life and education
•2 Career
•3 Awards and honours
•4 KG-D6 Gas Controversy
•5 Personal life
•6 References
•7 External links
Early life and education
Mukesh Ambani is the eldest son of Dhirubhai Ambani, the late founder of Reliance Industries.[18] He has a brother, Anil, and two sisters.[citation needed]
The Ambani family lived in a two bedroom apartment in Bhuleshwar, Mumbai until the 1970s.[19] Dhirubhai Ambani then purchased a 14-floor apartment block called 'Sea Wind' in Col
Mukesh Ambani was educated at Abaay Morischa School in Mumbai and completed his graduation with a bacheor`s degree in chemical engineering from the UDCT, now Institute of
Anil Ambani is also a billionaire and owns a competing company, Reliance Anil Dhirubhai Ambani Group. The two brothers have had clashes over business.

Antilia as seen from Altamont Road,Mumbai

.[citation needed]

l
Career
He joined Reliance Industries in 1981.[21] 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.[citation needed]
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).[citation needed]
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.[22]
 Year of Award or Name of Award or Awarding
Honor Honor Organization
School of
Engineering and University of
2010
Applied Science Pennsylvania.
Dean's Medal
United States-India
United States-India
2007 Business Council
Business Council.
Leadership Award
Chitralekha Person Government of
2007
of the Year Award Gujarat.
World
2004 Communication Total Telecom.
Award
London, November 2004: He was 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
in Financial Times.[citation needed]
September 2004: He was Chosen Telecom Man
of the Year 2004 by Voice and Data
magazine.[citation needed]
He is ranked 13th in Asia's Power 25 list of The
Most Powerful[citation needed]
He is a former Chairman of Indian Institute of
Management Bangalore(IIM-B).[citation needed]
He is a Honorary Fellow of IChemE (the
Institution of Chemical Engineers)[
In its leaked Draft Report (2010–2011),
the Comptroller and Auditor General of India's
(CAG) first ever audit of oil and gas companies
operating in India, said that the Government of
India unduly favoured private oil and natural
gas explorers including the Mukesh Ambani-
led Reliance Industries Ltd incurring a huge
loss to the exchequer. The CAG report
mentioned that the Ministry of Petroleum and
Natural Gas (MOP&NG) and its regulatory arm
– the Directorate General of
Hydrocarbons (DGH) – allegedly favoured at
least three private oil and natural gas
explorers. The report alleges that the
government allowed Ambani's Reliance
Industries Ltd (RIL) to violate terms of its
contract with the government for exploration
in theKrishna-Godavari basin (KG-D6). The CAG
report also stated that the Directorate General
of Hydrocarbons had allowed RIL to violate
norms.The violation of terms, in turn, helped
Reliance Industries Ltd increase its capital
expenditure plan to start production from the
Krisha-Godavari basin. Allegedly, 70% of the
draft Comptroller and Auditor General of India