Mukesh Ambani Profile, Age, Family, Net worth, Affairs, Biography & More

Mukesh Ambani Profile, Age, Family, Net worth, Affairs, Biography & More

Mukesh Dhirubhai Ambani known Mukesh Ambani was born on April 19, 1957 is an Indian billionaire businessman. He is Chairman and Managing Director of Reliance Industries Ltd. (RIL), a Fortune Global 500 company and India’s most valuable company by market value. According to Forbes and Bloomberg Billionaires Index, Ambani’s net worth is estimated at US$93.8 billion as of November 29, 2022, making him the second richest person in Asia after Gautam Adani and the 8th richest in the world. world.

Ambani attended Hill Grange High School in Peddar Road, Mumbai with his brother and Anand Jain who later became his close associate. After high school, he studied at St. Xavier’s College, Mumbai. He then obtained a BE degree in chemical engineering from the Institute of Chemical Technology.

Ambani then enrolled for an MBA at Stanford University, but pulled out in 1980 to help his father start Reliance, which at the time was still a small, fast-growing company. His father felt that real-life skills were harnessed through experiments and not by sitting in a classroom, so he called his son back to India from Stanford to take command of a manufacturing project. thread in his business.

Ambani has been quoted as saying that he was influenced by his teachers William F. Sharpe and Man Mohan Sharma because they are “the kind of teachers who made you think outside the box”.

He married Nita Ambani in 1985 and they have two sons, Akash and Anant, and a daughter, Isha, who is Akash’s twin. They met after her father attended a dance performance that Nita participated in and thought of the idea of arranging a marriage between the two.

They live in Antilia, a 27-storey private building in Mumbai, which was valued at US$1 billion and was the most expensive private residence in the world at the time of its construction. The building requires a staff of 600 for maintenance, and it includes three helipads, a 160-car garage, a private cinema, a swimming pool and a fitness center.

In 2007, Ambani gave his wife a $60 million Airbus A319 for her 44th birthday. The Airbus, which has a capacity of 180 passengers, has been custom-fitted to include a lounge, bedroom, satellite TV, WiFi, sky bar, jacuzzi and office.

During the financial year ending 31 March 2012, he reportedly decided to give up nearly ₹240 million of his annual salary as head of Reliance Industries Ltd (RIL). It chose to do so even as RIL’s total compensation for its management staff increased this fiscal year. Mukesh Ambani holds a 50.4% stake in the company. The move kept his salary capped at ₹150 million for the fourth consecutive year.

In early 2019, a court in Mumbai convicted his younger brother, Anil Ambani, of criminal contempt for failing to pay the personally guaranteed debt Reliance Communications owed Swedish gear maker Ericsson. Instead of a prison sentence, the court gave Anil a month to collect the funds. At the end of the month, Mukesh bailed out his younger brother, paying off the debt. In 2021, he was the subject of a bomb threat when a green Mahindra Scorpio SUV filled with explosives was found near a Mumbai skyscraper housing Ambani.

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