|Net Worth:||$89 Billion|
|Date of Birth:||April 19, 1957 (66 years old)|
|Height:||5 ft 6 in (1.69 m)|
What is Mukesh Ambani’s net worth? How does Mukesh Ambani make his money? Below is the current net worth of Mukesh Ambani and how Mukesh Ambani makes his money.
What is Mukesh Ambani’s Net Worth?
Mukesh Ambani is an Indian businessman and industrialist who has a net worth of $89 billion. He is the chairman and managing director of Fortune Global 500 business Reliance Industries Ltd. (RIL), which has the highest market value in India.
Mukesh Dhirubhai Ambani was born on April 19, 1957, into a Gujarati Hindu family in the British Crown territory of Aden (current-day Yemen). His parents are Dhirubhai Ambani and Kokilaben Ambani.
Ambani, his brother, and Anand Jain, who would eventually grow to be a close friend, all attended the Hill Grange High School in Peddar Road, Mumbai. Following secondary education, he attended St. Xavier’s College in Mumbai to further his education.
Following that, he earned a BE in chemical engineering from the Institute of Chemical Technology. Ambani eventually enrolled in Stanford University’s MBA program but left in 1980 to assist his father in the establishment of Reliance, which at the time was still a young but rapidly expanding company.
Ambani’s father submitted an application for a license to establish a PFY manufacturing plant in 1980, outbidding over forty other businesses for the license after the Indian government had allowed the private sector access to the production of polyester filament yarn (PFY).
Ambani was number 36 as of 2016 and has constantly held the distinction of India’s richest person for the previous ten years on Forbes magazine’s list. On Forbes’ list of the world’s most powerful people, he is the lone businessman from India.
Following his hiring, he was required to provide a daily report to Rasikbhai Meswani, the executive director at the time. With the idea that everyone should contribute to the firm and it shouldn’t rely too heavily on a small group of people, the company was created from the ground up.
He was given the flexibility to contribute even though he lacked expertise since Dhirubhai regarded him as a business partner. Ambani was chosen as a member of the National Academy of Engineering in 2016 for his engineering and commercial leadership in the petrochemical, oil refining, and allied industries.
Jio, which is run by Ambani, debuted its own 4G smartphone line in February 2016 under the moniker LYF. Because of alleged discrepancies in the pricing of natural gas from the KG basin, a First Information Report (FIR) was filed in February 2014 accusing Mukesh Ambani of criminal charges.
In July 2018, he outperformed Jack Ma, the executive chairman of the Alibaba Group, to become the wealthiest person in Asia.
Following his father’s decision to organize their marriage, Ambani married Nita Ambani in 1985. Nita had performed in a dance performance that Ambani had attended. Two sons and a daughter are shared by the couple.
To celebrate his wife’s 44th birthday in 2007, Ambani gave her a $60 million Airbus A319.
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