Mukesh Ambani | Indian businessman | Britannica

Mukesh Ambani, Yemeni-born Indian business mogul who is the chairman and managing director of the Indian conglomerate Reliance Industries Limited (RIL), ... MukeshAmbani Sections&Media Article Introduction&QuickFacts FastFacts Facts&RelatedContent Media Images AdditionalInfo MoreArticlesOnThisTopic Contributors ArticleHistory Home Politics,Law&Government Businesspeople&Entrepreneurs MukeshAmbani Indianbusinessman Alternatetitles:MukeshDhirubhaiAmbani Print Cite verifiedCite Whileeveryefforthasbeenmadetofollowcitationstylerules,theremaybesomediscrepancies. Pleaserefertotheappropriatestylemanualorothersourcesifyouhaveanyquestions. SelectCitationStyle MLA APA ChicagoManualofStyle CopyCitation Share Share Sharetosocialmedia Facebook Twitter URL https://www.britannica.com/biography/Mukesh-Ambani More GiveFeedback ExternalWebsites Feedback Corrections?Updates?Omissions?Letusknowifyouhavesuggestionstoimprovethisarticle(requireslogin). FeedbackType Selectatype(Required) FactualCorrection Spelling/GrammarCorrection LinkCorrection AdditionalInformation Other YourFeedback SubmitFeedback Thankyouforyourfeedback Oureditorswillreviewwhatyou’vesubmittedanddeterminewhethertorevisethearticle. JoinBritannica'sPublishingPartnerProgramandourcommunityofexpertstogainaglobalaudienceforyourwork! ExternalWebsites ILoveIndia.com-BiographyofMukeshAmbani MapsofIndia.com-Business-BiographyofMukeshAmbani IndiaNetzone-BiographyofMukheshAmbani By JeannetteL.Nolen | ViewEditHistory Ambani,Mukesh Seeallmedia Born: April19,1957(age64) Aden Yemen ...(Showmore) NotableFamilyMembers: fatherDhirubhaiAmbani ...(Showmore) Seeallrelatedcontent→ MukeshAmbani,infullMukeshDhirubhaiAmbani,(bornApril19,1957,Aden,Yemen),Yemeni-bornIndianbusinessmogulwhoisthechairmanandmanagingdirectoroftheIndianconglomerateRelianceIndustriesLimited(RIL),theforemostcompanyoftheIndianenergyandmaterialsconglomerateRelianceGroup.AmbaniwasoneoffourchildrenofDhirubhaiAmbani,whofirstworkedasagas-stationattendant.OwingtotheincreasinglyunstablepoliticalclimateinAden,thefamilyrelocatedin1958totheBhuleshwarneighbourhoodofBombay(nowMumbai),wheretheylivedinachawl(acommunalbuildingthatcommonlyfeatureslow-renttwo-roomapartments).Inthesameyear,DhirubhaiandacousinfoundedtheRelianceCommercialCorporation,whichgrewfromacommodities-tradingbusinessthattheyinitiallyoperatedoutofaone-roomrentalspaceintoRIL.Ambaniearnedabachelor’sdegreeinchemicalengineeringfromtheUniversityofBombay(nowtheUniversityofMumbai)andsubsequentlypursuedamaster’sdegreeinbusinessadministrationfromStanfordUniversity.However,helefttheprogramin1981tojointhefamilybusiness,whereheworkedtodiversifythecompany,venturingintoavastarrayofareas,includingcommunications,infrastructure,petrochemicals,petroleumrefining,polyesterfibres,andgasandoilproduction.In2004hewasnamedoneoftheworld’smostrespectedbusinessleadersbytheprofessional-servicesfirmPricewaterhouseCoopers.FollowingDhirubhai’sdeathin2002,Ambaniandhisbrother,Anil,assumedjointleadershipoftheReliancecompanies.However,feudsbetweenthebrothersovercontrolpromptedtheirmother,KokilabenAmbani,tosplitReliance’sassetsviaanoncompetitionagreement(2006–10)underwhichMukeshassumedcontrolofthegas,oil,andpetrochemicalsunitsasRILundertheumbrellaoftheRelianceGroup.Ambanihasbeencreditedwithcreatingtheglobe’slargeststart-uppetroleumrefineryaswellasspearheadingthecreationofseveralstate-of-the-artmanufacturingfacilitiesthatvastlyincreasedRIL’sproductioncapabilities.In2006hewaschosentocochairtheIndiaEconomicSummitoftheWorldEconomicForum(WEF)—aninternationalorganizationmadeupofsomeoftheworld’sprominentbusinessleaders,politicians,policymakers,scholars,philanthropists,tradeunionists,andrepresentativesofnongovernmentalorganizationsthatconvenesannuallytodiscussglobalcommerce,economicdevelopment,politicalconcerns,andimportantsocialissues.ThefollowingyearhebecameIndia’sfirstrupeetrillionaire. GetaBritannicaPremiumsubscriptionandgainaccesstoexclusivecontent. SubscribeNow In2007TheEconomicTimesnewspaperandthenewsagencyPressTrustofIndiasimultaneouslynamedAmbanitheworld’srichestman.ThefollowingyearhecreatedtheMumbaiIndians,anIndianPremierLeaguecricketteam.In2010hewaselectedtoserveasamemberoftheWEFFoundationBoard. JeannetteL.Nolen