Friday, April 11, 2008

Mukesh Ambani

Reliance Industries
He is a great bussiness person

Mukesh Ambani
Born
April 19, 1957 (1957-04-19) (age 50)Aden, Yemen
Residence
Mumbai, India
Occupation
Chairman, Managing Director of Reliance Industries
Salary
INR 304.6 million [1]
Net worth
▲ US$43 billion
Spouse
Nita Ambani
Children
Two sons Akash and Anant, one daughter Isha


Education
Mukesh Ambani holds a Bachelor of Chemical Engineering from the
University Department of Chemical Technology (UDCT), (now University of Mumbai, Institute of Chemical Technology (UICT)). He was earlier selected at IIT-Bombay, but most of his friends were studying at UDCT so Mukesh decided to quit IIT-B and then he joined the UDCT college. He is a MBA from Stanford Business School. In 1981, his father suffered a major brain stroke and then Mukesh decided to quit MBA and was back to Mumbai to handle the Reliance business.

Career
Mukesh Ambani joined Reliance in 1981 and initiated Reliance's backward integration from textiles into polyester fibres and further into petrochemicals. In this process, he directed the creation of 60 new, world-class manufacturing facilities involving diverse technologies that have raised Reliance's manufacturing capacities from less than a million tonnes to twelve million tonnes per year.
He directed and led the creation of the world's largest grassroots petroleum refinery at
Jamnagar, Gujarat, India, with a present capacity of 660,000 barrels per day (33 million tonnes per year) integrated with petrochemicals, power generation, port and related infrastructure, at an investment of Rs 100000 crore (nearly $26 billion USD).
Mukesh Ambani set up one of the largest telecommunications companies in India in the form of
Reliance Communications (formerly Reliance Infocomm) Limited. However, Reliance Infocom now is under ADAG (Anil Dhirubhai Ambani Group) post the brothers' split.
Mukesh Ambani is also steering Reliance's initiatives in a world scale, offshore, deep water oil and gas exploration and production program, a pan-India petroleum retail network involving 5,800 outlets and a research-led life sciences initiative covering medical, plant and industrial biotechnology.
He has also entered into a new business of Retail and has named it Reliance Fresh.
FAMILY
Mukesh Ambani is the son of one of the most prominent businessman in India, the late Dhirubhai Ambani, a Gujarati entrepreneur. His brother Anil Ambani heads other companies in the Reliance Group. The Ambani brothers had a well-publicized spat after their father's death, which led to the Reliance Group being split between the two.
Mukesh Ambani is married to Nita Ambani, who looks after the social and charitable arm of Reliance industries. They have 3 children: Akash, Isha and Anant.
Ambani is currently building a US$1 billion residential building,
Antilia in Mumbai for his family. It is expected to be ready in September 2008. Chicago's Perkins + Will designed the glass-tower which features a "health club, multiple "safe" rooms, 3 helipads, 168 parking spaces and require 600 servants to maintain, and physically, the structure stands at 27 storeys, or 570 feet tall.[5]
He gifted his wife Nita a jet plane worth Rs.284-crore(US$70 million) recently on her birthday.

Achievements
Chosen the businessman of the year 2007 by a public poll in India conducted by NDTV
Conferred the United States-India Business Council (USIBC) leadership award for "Global Vision" 2007 in Washington.
Ranked 42nd among the World's Most Respected Business Leaders and second among the four Indian CEOs featured in a survey conducted by
Pricewaterhouse Coopers and published in Financial Times, London, November 2004.
Conferred the World Communication Award for the Most Influential Person in Telecommunications in 2004 by
Total Telecom, October, 2004.
Chosen Telecom Man of the Year 2004 by
Voice and Data magazine, September 2004.
Ranked 13th in Asia's Power 25 list of The Most Powerful People in Business published by
Fortune magazine, August 2004.
Conferred the Asia Society Leadership Award by the
Asia Society, Washington D.C., USA, May 2004.
Ranked No.1 for the second consecutive year, in The Power List 2004 published by
India Today, March 2004.
Recorded as the first Billionaire in India, June 2007

References
^ Mukesh Ambani earns Rs 864,000 a day! (HTML). Rediff.com. Retrieved on 2006-11-05.
^ FORTUNE Global 500 2006: Countries
^ Forbes mukesh ambani (HTML). forbes. Retrieved on 2007-03-09. “Year 2007 .”
^ #14 Mukesh Ambani - Forbes.com
^ huffingtonpost.com, Richest Man In India Builds $1 Billion House

3 comments:

anu said...

It is super.

sandhya said...

it is very nice

Anonymous said...

it is very nice