(Last Updated on : 31/10/2012)
Mukesh Ambani, a renowned Indian industrialist, is the current Chairman and Managing Director of Reliance Industries. It is the largest private sector industry in India. According to Forbes, Ambani is amongst the most powerful people in the world and was mentioned in the "68 people who matter most" list. As of 2011, he is the 2nd richest person in Asia and the 19th richest man in the world.
Mukesh Ambani is the eldest son of the business tycoon Dhirubhai Ambani
who founded the Reliance group of Industries, India`s largest private sector and a Fortune 500 Company. He is also the brother of Anil Ambani who heads the Reliance Group. Mukesh Ambani is also a member of the Board of Directors for Bank of America Corporation. At present, he is a member of the International Advisory Board of the Council on Foreign Relations. In India the Ambani family is listed as the richest family.
Early Life of Mukesh Ambani
Mukesh Ambani was born on 19th April 1957 at Aden (Yemen) to Dhirubhai Ambani and Kokela Ben. He did his schooling in Abaay Morischa School and was a brilliant student. After graduating as a Chemical Engineering from the University of Mumbai
, Department of Chemical Technology he went to Stanford Business School to pursue a Masters in Business Administration
. However he dropped out after his first year in order to assist in father`s ongoing efforts to build the Patalganga Petrochemical Plant. Mukhesh Ambani also has two sisters, Dipti Salgaoncar and Nina Kothari
Career of Mukesh Ambani
Mukesh Ambani joined Reliance in 1981. He took steps to spread the business in other spheres as well from textiles to polyester fibres and further into petrochemicals. It was under his direction world`s largest grassroots petroleum refinery at Jamnagar
along with petrochemicals, power generation, port and related infrastructure was created. He has also set up the largest and the most sophisticated information technology network in the form of Reliance Infocomm Limited. However, Reliance Infocomm now is under ADAG (Anil Dhirubhai Ambani Group) following the death of Dhirubhai Ambani and a split in the family business. Mukesh Ambani was ranked 42nd among the world`s most respected business leaders. He is the second among the four Indian CEOs featured in a survey conducted by Price Water House Coopers and published in Financial Times, London, in November 2004. He was awarded the World Communication Award for the Most Influential Person in Telecommunications in 2004 by Total Telecom in October, 2004. Mukesh Ambani was also bestowed the Asia Society Leadership Award by the Asia Society, Washington D.C., USA.
The king of the Reliance conglomerate is on the way for creating high-tech farms, new cities and an Indian spin on Wall mart as he aims to revolutionize the most backward sectors in the country farming and retail. He is a member of the board of directors of Bank of America Corporation and a present member of the international advisory board of the Council on Foreign Relations. He also owns the Indian Premier League
team, the Mumbai
Indians. captained by Sachin Tendulkar
Personal Life of Mukesh Ambani
Mukesh Ambani married Nita Ambani and has three children, Akash, Anant and Isha. They reside in a private 27 storey building in Mumbai
Awards and Honours of Mukesh Ambani
Mukesh Ambani have received several awards through out his career. These include:
* Received the World Communication Award in 2004,
* Bestowed with the Chitralekha Person of the Year Award, by the Government of Gujarat
, in 2007,
* Received the United States-India Business Council Leadership Award, in 2007,
* Honoured with School of Engineering and Applied Science Dean`s Medal, from University of Pennsylvania, in 2010,
* Received the Juran Quality Medal, from Indian Merchant`s Chamber, in 2010,
* Declared as the Businessman of the Year, by Financial Chronicle, in 2010,
* Declared as the Business Leader of the Year, by NDTV India
, in 2010,
* Bestowed with the Global Vision Award, by Asia Society, in 2010,
* Ranked 5th best performing CEO in the world by Harvard Business Review.