2. INDEX
i. BIOGRAPHY
ii. INTRODUCTION
iii. EARLY LIFE &
EDUCATION
iv. CAREER
v. BOARD MEMBERSHIP
vi. AWARDS & HONOURS
vii. PERSONAL LIFE
viii. DISTRIBUTION
ix. BIBLIOGRAPHY
3. BIOGRAPHY
MukeshAmban
Man at the helm of Reliance
Born 19April
1957 (age 54)
Aden, Colony of
Aden (nowYemen)[1
]
Residence Mumbai,
Maharashtra
Nationality Indian
4. Alma mater University of
Bombay
Stanford
University (Dropped
out in the year
1980)
Occupation Chairman & MD
of Reliance
Industries
Director of Bank of
America
Net worth
US$27 billion (2011
)[2]
Religion Hinduism
Spouse Nita Ambani
Children Akash, Anant,
Isha[3]
Parents Dhirubhai Ambani
Kokilaben Ambani
Relatives Anil
Ambani (Brother)
5. INTRODUCTION
Mukesh Dhirubhai Ambani (born on 19 April
1957) is an Indian business magnate. He is the
chairman and managingdirector of
Indian conglomerateReliance Industries,[4] the
largest private sector enterprise in India listed
in Fortune 500 magazine. His personal stake in
Reliance Industries is 48%. On the 29th of
August' 2011, Reliance Industries regained its
status as the most valued firm in India, after a
heady contest with ONGC and Coal India Ltd.,
both public sector units as well as energy giants.
In 2010, he was named among the most
powerful people in the world by Forbes in its list
of "68 people who matter most" As of 2011, he
is the second richest man in Asia and the ninth
richest man in the world with a personal wealth
of US$27 billion. In 2007, a strong rally in the
Indian stock market and the appreciation of the
Indian rupee boosted the market capitalisation of
Reliance group companies, briefly making him
the world’s richest man.
He is board of directors of Bank of America
Corporation and a present member of the
7. EARLYLIFE & EDUCATION
Mukesh Ambani is the eldest son of Dhirubhai
Ambani, the late founder of Reliance
Industries. He has a brother, Anil, and two
sisters - Dipti Salgaoncar & Neena Kothari.
The Ambani family lived in a two bedroom
apartment in Bhuleshwar, Mumbai until the
1970s. Dhirubhai Ambani then purchased a 14-
floor apartment block called 'Sea Wind'
in Colaba, where, until recently, Mukesh and
Anil each lived with their families on different
floors.
Mukesh Ambani was educated at Abaay
Morischa School in Mumbai and completed his
graduation with a bachelor`s degree in chemical
engineering from the UDCT, now Institute of
Chemical Technology, Mumbai.He stood sixth in
the University exams. Mukesh later enrolled for
an MBA from Stanford University but completed
only one year of the two year program and
dropped out in the year 1980. Indira Gandhi
administration threw open the doors of PFY
(Polyester Filament Yarn) manufacturing to the
private sector in early 1980. Dhirubhai Ambani
had applied for a licence to setup PFY
8. manufacturing plant. In spite of stiff competition
from Tatas, Birlas and 43 others, Dhirubhai was
awarded the licence. To help him build the PFY
plant, Dhirubhai pulled his eldest son Mukesh
out of Stanford where he was studying for his
MBA. Mukesh Ambani, then dropped out to help
his father and initiated Reliance`s backward
integration from textiles into polyester fibres and
further into petrochemicals, beginning in 1981.
9. CAREER
He joined Reliance Industries in 1981. He
initiated Reliance's backward integration journey
from textiles into polyester fibres and further into
petrochemicals, petroleum refining and going
up-stream into oil and gas exploration and
production.
Ambani set up one of the largest and most
complex information and communications
technology initiatives in the world in the form of
Reliance Infocomm Limited (now Reliance
Communications Limited).
Ambani directed and led the creation of the
world’s largest grassroots petroleum refinery at
Jamnagar, India, with a current capacity of
660,000 barrels per day (33 million tonnes per
year) integrated with petrochemicals, power
generation, port and related infrastructure.
10. BOARD MEMBERSHIPS
Chairman, Managing Director, Chairman of
Finance Committee and Member of
Employees Stock Compensation
Committee, Reliance Industries Limited
Former Chairman, Indian Petrochemicals
Corporation Limited
Former Vice Chairman, Reliance Petroleum
Chairman of the Board, Reliance Petroleum
Chairman and Chairman of Audit
Committee, Reliance Retail Limited.
Chairman, Reliance Exploration and Production
DMCC
Director, Member of Credit Committee and
Member of Compensation & Benefits
Committee, Bank of America Corporation
11. AWARDS & HONOURS
Year
of Name of Award Awarding
Award or Honor Organization
or
Honor
Global Vision
Award at The Asia Society
2010
Awards Dinner
Business
Leader of the NDTV India
2010
Year
Businessman of Financial
2010 the Year Chronicle
Indian
Juran Quality Merchant's
2010 Medal for 2009 Chamber
(IMC)
School of
Engineering and University of
2010 Applied Science Pennsylvania.
Dean's Medal
12. United States-
India Business United States-
Council India Business
2007
Leadership Council.
Award
Chitralekha Government of
2007 Person of the Gujarat.
Year Award
World
Communication Total Telecom.
2004
Award
Ranked 5th best performing CEO in the world by
Harvard Business Review in its ranking of top 50
global CEOs.
Only Indian to be a part of the United Nations
MDG Advocacy Group
Re-elected as Vice Chairman of the Business
Council for Sustainable Development's
(WBCSD) Executive Committee for a second
consecutive term in 2010.
13. PERSONAL LIFE
He is married to Nita Ambani and has three
children. They live in a private 27-story building
in Mumbai named Antilia. The construction cost
was estimated to be approximately
US$77 million and it is claimed to be the most
expensive home in history.
He owns the Indian Premier League team
the Mumbai Indians.
Age: 54
Fortune: inherited and growing
Source: petrochemicals
NetWorth: $20.1bil
Country Of Citizenship:India
Residence: Mumbai , India,Asia & Australia
Industry: Manufacturing
MaritalStatus: married,3children .
14. Education: University of Bombay, Bachelor of
Arts/Science Stanford University, Master of
Business
Administration Snatched title of India's richest
resident from Azim Premji. Since splitting with
younger brother Anil in 2005 and taking control
of $20 billion (revenues) Reliance Industries,
founded by his late father Dhirubhai Ambani,
fortune has soared by $11 billion. Oil-refining
subsidiary Reliance Petroleum, in which
Chevron has 5% stake, listed May 2006. Betting
$5.5 billion on retail ventures including Reliance
Fresh, a chain of food stores; 60 are now open.
Megaplans include $10 billion investment to
develop special economic zones. Recently got
board approval to hike personal stake in
Reliance Industries from 44%to48%.
16. BIBLIOGRAPHY
I Took reference from WIKIPEDIA and I uploaded pictures
from google.
I like to thank my teacher for giving us interesting topic
and for helping me in doing my project.
THANK
YOU !!