Biography of Mukesh Ambani

Mukesh Dhirubhai Ambani (born 19 April 1957) is an Indian billionaire business magnate, and the chairman, managing director, and largest shareholder of Reliance Industries Ltd. (RIL), a Fortune Global 500 company and India's most valuable company by market value.

Birth	April 19, 1957
Age	63 years
Occupation	Chairman and Managing Director (Reliance Industries)
Wife	Nita Ambani
Children	Anant Ambani (Son)
	Akash Ambani (Son)
	Isha Ambani (Daughter)
Net Worth	US$72.2 billion as of 13 July 2020
Nationality	Indian
Parents	Dhirubhai Ambani (Father)
	Kokilaben Ambani (Mother)
Siblings	Anil Ambani (Brother)
	Nina Bhadrashyam Kothari (Sister)
	Dipti Dattaraj Salgaocar (Sister)

Ambani was one of four children of Dhirubhai Ambani, who first worked as a gas-station attendant. Owing to the increasingly unstable political climate in Aden, the family relocated in 1958 to the Bhuleshwar neighbourhood of Bombay (now Mumbai), where they lived in a chawl (a communal building that commonly features low-rent two-room apartments). In the same year, Dhirubhai and a cousin founded the Reliance Commercial Corporation, which grew from a commodities-trading business that they initially operated out of a one-room rental space into RIL.

Ambani earned a bachelor’s degree in chemical engineering from the University of Bombay (now the University of Mumbai) and subsequently pursued a master’s degree in business administration from Stanford University. However, he left the program in 1981 to join the family business, where he worked to diversify the company, venturing into a vast array of areas, including communications, infrastructure, petrochemicals, petroleum refining, polyester fibres, and gas and oil production. In 2004 he was named one of the world’s most respected business leaders by the professional-services firm PricewaterhouseCoopers.

Following Dhirubhai’s death in 2002, Ambani and his brother, Anil, assumed joint leadership of the Reliance companies. However, feuds between the brothers over control prompted their mother, Kokilaben Ambani, to split Reliance’s assets via a noncompetition agreement (2006–10) under which Mukesh assumed control of the gas, oil, and petrochemicals units as RIL under the umbrella of the Reliance Group. Ambani has been credited with creating the globe’s largest start-up petroleum refinery as well as spearheading the creation of several state-of-the-art manufacturing facilities that vastly increased RIL’s production capabilities. In 2006 he was chosen to cochair the India Economic Summit of the World Economic Forum (WEF)—an international organization made up of some of the world’s prominent business leaders, politicians, policy makers, scholars, philanthropists, trade unionists, and representatives of nongovernmental organizations that convenes annually to discuss global commerce, economic development, political concerns, and important social issues. The following year he became India’s first rupee trillionaire.