Mukesh Ambani (April 19, 1957 Aden, Yemen) is the chairman, managing director and the largest shareholder of Reliance Industries, India's largest private sector company and a Fortune 500 Company. His personal stake in Reliance Industries is 48%. His wealth is US$ 20.1 billion as of March 2007 (Forbes), making him the world's 14th richest person and the second richest person in India. However, his wealth was valued at US$ 40 billion in July taking into account his holding in Reliance Industries and group companies. Mukesh and younger brother Anil are sons of the late founder of Reliance Industries, Dhirubhai Ambani.
A brilliant student, Mukesh holds a Bachelor of Chemical Engineering from the University of Mumbai Department of Chemical Technology (UDCT), which is now known as University of Mumbai, Institute of Chemical Technology (UICT). He began the MBA program at Stanford Business School, but dropped out after his first year in order assist in father's ongoing efforts to build the Patalganga petrochemical Plant.
Mukesh Ambani joined Reliance in 1981 and initiated Reliance's backward integration from textiles into polyester fibres and further into petrochemicals. In this process, he directed the creation of 60 new, world-class manufacturing facilities involving diverse technologies that have raised Reliance's manufacturing capacities from less than a million tonnes to twelve million tonnes per year.
He directed and led the creation of the world's largest grassroots petroleum refinery at Jamnagar, India, with a present capacity of 660,000 barrels per day (33 million tonnes per year) integrated with petrochemicals, power generation, port and related infrastructure, at an investment of Rs 100000 crore (nearly $24 billion USD).
Mukesh Ambani has set up the largest and most complex information and communications technology initiative in the world in the form of Reliance Infocomm Limited. Covering more than 1,100 towns and cities across India, Reliance Infocomm offers the full range of voice, data, video and value added services, on the strength of 80,000 kilometers of optic fibre-based terabit infrastructure, at the lowest entry cost and services cost anywhere in the world. However, Reliance Infocom now is under ADAG (Anil Dhirubhai Ambani Group) post the brothers' split.
Mukesh Ambani is also steering Reliance's initiatives in a world scale, offshore, deep water oil and gas exploration and production program, a pan-India petroleum retail network involving 5,800 outlets and a research-led life sciences initiative covering medical, plant and industrial biotechnology.
The combined market capitalisation of the four Mukesh Ambani Group companies -- RIL, Reliance Petroleum (RPL), IPCL and Reliance Industrial Infrastructure Ltd (RIIL) has crossed the Rs 260,000 crore mark. The total promoter holding in these companies is worth over Rs 160,000 crore (US$ 40 billion) making him the first Rupee trillionaire residing in India.
Mukesh Ambani is married to Nita Ambani. Dhirubhai Ambani International School in Mumbai is a brainchild of Nita Ambani. Mukesh and Nita have 3 children: Akash, Isha and Anant, all three are currently studying in DAIS. Anant in Std 7 while Isha and Akash in the IB.
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 in [Financial Times]
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 People in Business published by Fortune magazine, August 2004.
Conferred the Asia Society Leadership Award by the Asia Society, Washington D.C., USA, May 2004.
Ranked No.1 for the second consecutive year, in The Power List 2004 published by India Today, March 2004.
Recorded as the first Trillionaire in India, June 2007
Mukesh Ambani of Reliance Group has been appointed as founder president of the Pandit Deendayal Upadhyay Petroleum University, which has been established by the State Act passed in February 2007.
Under the aegis of the university, Institute of Petroleum Management(IPMG) and Institute of Petroleum Technology(IPTG)
A brilliant student, Mukesh holds a Bachelor of Chemical Engineering from the University of Mumbai Department of Chemical Technology (UDCT), which is now known as University of Mumbai, Institute of Chemical Technology (UICT). He began the MBA program at Stanford Business School, but dropped out after his first year in order assist in father's ongoing efforts to build the Patalganga petrochemical Plant.
Mukesh Ambani joined Reliance in 1981 and initiated Reliance's backward integration from textiles into polyester fibres and further into petrochemicals. In this process, he directed the creation of 60 new, world-class manufacturing facilities involving diverse technologies that have raised Reliance's manufacturing capacities from less than a million tonnes to twelve million tonnes per year.
He directed and led the creation of the world's largest grassroots petroleum refinery at Jamnagar, India, with a present capacity of 660,000 barrels per day (33 million tonnes per year) integrated with petrochemicals, power generation, port and related infrastructure, at an investment of Rs 100000 crore (nearly $24 billion USD).
Mukesh Ambani has set up the largest and most complex information and communications technology initiative in the world in the form of Reliance Infocomm Limited. Covering more than 1,100 towns and cities across India, Reliance Infocomm offers the full range of voice, data, video and value added services, on the strength of 80,000 kilometers of optic fibre-based terabit infrastructure, at the lowest entry cost and services cost anywhere in the world. However, Reliance Infocom now is under ADAG (Anil Dhirubhai Ambani Group) post the brothers' split.
Mukesh Ambani is also steering Reliance's initiatives in a world scale, offshore, deep water oil and gas exploration and production program, a pan-India petroleum retail network involving 5,800 outlets and a research-led life sciences initiative covering medical, plant and industrial biotechnology.
The combined market capitalisation of the four Mukesh Ambani Group companies -- RIL, Reliance Petroleum (RPL), IPCL and Reliance Industrial Infrastructure Ltd (RIIL) has crossed the Rs 260,000 crore mark. The total promoter holding in these companies is worth over Rs 160,000 crore (US$ 40 billion) making him the first Rupee trillionaire residing in India.
Mukesh Ambani is married to Nita Ambani. Dhirubhai Ambani International School in Mumbai is a brainchild of Nita Ambani. Mukesh and Nita have 3 children: Akash, Isha and Anant, all three are currently studying in DAIS. Anant in Std 7 while Isha and Akash in the IB.
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 in [Financial Times]
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 People in Business published by Fortune magazine, August 2004.
Conferred the Asia Society Leadership Award by the Asia Society, Washington D.C., USA, May 2004.
Ranked No.1 for the second consecutive year, in The Power List 2004 published by India Today, March 2004.
Recorded as the first Trillionaire in India, June 2007
Mukesh Ambani of Reliance Group has been appointed as founder president of the Pandit Deendayal Upadhyay Petroleum University, which has been established by the State Act passed in February 2007.
Under the aegis of the university, Institute of Petroleum Management(IPMG) and Institute of Petroleum Technology(IPTG)
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