Mukesh Ambani Birthday: Early life, family of the richest businessman of India

On April 19 1957 Dhirubhai and Kokilaben Ambani gave birth to Mukesh Dhirubhai Ambani in Aden Yemen He has two sisters Nina Bhadrashyam Kothari and Dipti Dattaraj Salgaocar as well as a younger brother Anil AmbaniMukesh Ambani was born in present day Yemen and returned after his father Dhirubhai Ambani returned to India in 1958 to launch a business dealing in textiles and spicesMukesh Ambani resided in a twobedroom flat in Bhuleshwar Mumbai till the 1970s After a while as the familys financial situation improved Mukesh Ambanis father purchased the 14floor Sea Wind apartment building in ColabaPersonal LifeMukesh Ambani wed Nita Ambani in 1985 They have two sons Anant and Akash Ambani and a daughter Isha Ambani The family lives in a 27story Antilia luxury residence which is valued at 1 billion USD The structure contains three helipads a 160car garage a private movie theatre a swimming pool and a fitness centre It also employs 600 people for maintenanceMukesh Ambanis favourite food is Idli Sambhar his favourite restaurant is Mysore Cafe MumbaiAlso readMaha Former Ranji player hurt wife killed as their car hits truck on Samruddhi ExpresswayEducationMukesh completed his High School from Hill Grange High School at Peddar Road Mumbai along with his brother Anil Ambani He completed Senior Secondary Education from St Xaviers College Mumbai He holds a Bachelors degree in Chemical Engineering from the Institute of Chemical Technology He began pursuing MBA from Stanford University but dropped out to help his father build RelianceCareerIn the year 1981 after returning to India Mukesh Ambani helped his father to build Reliance Industries Limited The family business by this time expanded to refining petrochemicals retail and telecommunications industries Its subsidiary Reliance Retail Ltd is the largest retailer in India Mukesh Ambani also owns the IPL team Mumbai Indians and is the owner of Indian Super League a football league in IndiaIn the year 1980 India under Indira Gandhi leadership opened the doors of PFY polyester filament yarn manufacturing plant to the private sector Dhirubhai Ambani applied for the license to set up a PFY plant and faced stiff competition with Tatas Birlas and more Despite the competition Dhirubhai received the License Raj In 1980 he called back Mukesh Ambani to help him build his business Rasikbhai Meswani was the then director of the company and Mukesh Ambani reported to him dailyThe company was laid on the principle that everyone must contribute to the business and not the selected individuals In 1985 Rasikbhai died and the next year in 1986 Mukesh Ambanis father suffered a stroke It was at this time that all the responsibility was shifted to Mukesh Ambani being the eldest son of the family At the age of 24 years Ambani was given charge of the construction of Patalganga petrochemical plantOn July 6 2002 Mukeshs father died suffering a second stroke This elevated tensions between the brothers as Dhirubhai didnt leave any will for the distribution of the empire Their mother Kokilaben Ambani solved the dispute by splitting the company into two Mukesh Ambani received Reliance Industries Limited and Indian Petrochemicals Corporation LimitedUnder Mukesh Ambanis guidance the company built the worlds largest grassroots petroleum refinery at Jamnagar India and can produce 660000 barrels per day in the year 2010In December 2013 Mukesh Ambani announced a collaborative venture with Bharti Airtel to set up a digital infrastructure for the 4G network in India On June 18 2014 he announced an investment of Rs 18 trillion across businesses in the next three years and launched 4G broadband services on December 27 2015 internallyIn 2016 Jio launched its own 4G smartphone under the brand named LYF The smartphone was Indias thirdlargest selling smartphone that year In September that year Jio 4G was launched commerciallyRecognitionsMukesh Ambani has been listed consistently as Indias richest man over a decade by the Forbes Magazine In addition to this he is the only businessman of India on Forbes list of the worlds most powerful people In January 2018 he was ranked 18 by the Forbes in its list of the wealthiest person in the world In 2018 he surpassed Jack Ma becoming Asias richest person with a net worth of 443 billion Outside North America and Europe Mukesh Ambani is the wealthiest person in the world In the year 2015 Chinas Hurun Research Institute ranked Mukesh Ambani as fifth among Indias philanthropists He also became the first nonAmerican to be the Director of Bank of America In 2012 Forbes listed him among the richest sports owners in the worldOn November 11 2020 Mukesh Ambani ranked third in the seventh edition of EdelGive Hurun India Philanthropy List 2020 with a donation of 458 crores