Mukesh Ambani Family, Net worth, Death Threat

 Mukesh Ambani is India’s richest man and the 13th richest man in the world. He is the chairman     and managing director of Reliance Industries, India’s most valuable company. He has attracted       both fame and notoriety for his business practices. His fame and wealth has also developed   number of rivals due to which Mukesh Ambani received two death threat for large sum of money. 

 Mukesh Ambani is successor of Ambani family. His father, Dhirubhabi Ambani was considered to   be one of the greatest entrepreneurs in Indian history.

Mukesh Ambani Biography 

Childhood

Mukesh Ambani’s childhood was marked by both  simplicity and hard work. He was born into a modest family in Bhuleshwar, Mumbai, and his father, Dhirubhai Ambani, worked long hours to provide for his family. Despite their limited financial resources, Mukesh and his siblings had a happy childhood. They were close to their family and friends, and they enjoyed playing sports and games.

Mukesh’s parents instilled in him the importance of hard work and education. He was a good student, and he excelled in his academics. After completing his undergraduate studies in chemical engineering, Mukesh enrolled for an MBA at Stanford University. However, he withdrew from the program in 1980 to help his father build Reliance Industries, which at the time was still a small but fast-growing enterprise.

Mukesh’s childhood experiences shaped him into the successful businessman he is today. He is known for his humility, his work ethic, and his commitment to his family. He is also a visionary leader who has helped to transform India into an economic powerhouse.

Struggle & challenges

Mukesh Ambani completed his primary and secondary education from Hill Grange High School at Peddar Road, Mumbai and enrolled for Graduate education, Bachelor of Engineering (BE) in Chemical Engineering from the Institute of Chemical Technology, Mumbai, and Post graduate education, Master of Business Administration (MBA) from Stanford University (incomplete)

Mukesh Ambani started helping his father in Ambani Family business to run Reliance Industries in 1981. The company has since expanded into refining, petrochemicals, retail, and telecommunications.

Reliance Retail is the largest retailer in India, and Jio is one of the country’s top five telecommunications companies. Ambani is the richest person in India and one of the richest people in the world. He is also a philanthropist and sports team owner.

In 1980, the Indian government opened up the manufacturing of polyester filament yarn (PFY) to the private sector. Dhirubhai Ambani applied for a license to build a PFY plant, but the process was long and difficult. Despite the competition, he was granted the license.

To help him build the plant, he pulled his son, Mukesh, out of Stanford University, where he was studying for his MBA. Mukesh took charge of Reliance’s vertical integration, from textiles into polyester fibers and petrochemicals.

He was given a lot of freedom to contribute, even though he had little experience. When Rasikbhai Meswani died in 1985 and Dhirubhai Ambani suffered a stroke in 1986, all the responsibility shifted to Mukesh and his brother.

 Ambani’s father died in 2002 without leaving a will, which led to tensions between Ambani and his brother. Their mother intervened and split the company in two, with Ambani getting Reliance Industries Limited and Indian Petrochemicals Corporation Limited.

Ambani has overseen a number of successful business ventures, including the creation of the world’s largest grassroots petroleum refinery in Jamnagar, India.

He has also invested heavily in the telecommunications sector, launching Reliance Jio Infocomm Limited in 2016. Jio has been a major success, and has helped to make India one of the fastest-growing mobile internet markets in the world.

Achievements

Mukesh Ambani has received numerous awards and achievements for his business acumen and leadership skills. Here are some of the most notable:

Othmer Gold Medal from the Chemical Heritage Foundation (2016)

Foreign Associate of the U.S. National Academy of Engineering (2016)

 Millennium Business Leader of the Decade at the    India Leadership Conclave & Indian Affairs Business Leadership Awards (2013)

Global Leadership Award from the Business Council for International Understanding (2010)

Honorary Doctorate (Doctor of Science) from M. S. University of Baroda (2010)

Businessman of the Year by Financial Chronicle (2010)

Business Leader of the Year by NDTV India (2010)

Global Vision Award at The Awards Dinner by the Asia Society (2010)

Ernst & Young Entrepreneur of the Year by Ernst & Young India (2000)

In addition to these awards, Ambani has also been named one of the most influential people in the world by Time magazine and one of the richest people in the world by Forbes magazine.

Ambani’s awards and achievements are a testament to his success in transforming Reliance Industries into one of the largest and most successful companies in India. He is also credited with revolutionizing the Indian telecommunications industry with the launch of Reliance Jio, which has made India the world’s largest mobile data market.

Mukesh Ambani Family Relation

Mukesh Ambani was born in lower-middle class Gujarati family to Dhirubhai and Kokilaben he shared his childhood with his three sibling one brother ( Anil) and two sister (Nina kothiari & Dipti Salgaocar). Ambani family lives is two room apartments during their struggling age and as their business grew they shifted to sea wind 14 storey apartment  in Cuffe Parade, Mumbai, India. The apartment was also known as Ambani Niwas. Ambani family lived for 30 years in sea wind apartment.Mukesh Ambani is married to Nita Ambani, who is the founder and chairperson of the CSR arm of Reliance Industries. They have two sons, Akash and Anant, and a daughter, Isha.Akash Ambani is the chief of strategy at Reliance Jio Infocomm. He is married to Shloka Mehta, the daughter of diamond magnate Russel Mehta. They have a son named Prithvi.Isha Ambani is a director at Reliance Jio Infocomm and Reliance Retail. She is married to Anand Piramal, the Executive Director of the Piramal Groups.Anant Ambani is a director at Reliance Industries. He is engaged to Radhika Merchant, the daughter of Viren Merchant, the CEO of Encore Healthcare.        

Controversy

Mukesh Ambani has been involved in a number of controversies over the years. Some of the most notable controversies includeNatural gas pricing: In 2014, Ambani was accused of irregularities in the pricing of natural gas from the KG basin. The allegations were that Ambani’s company, Reliance Industries, was under-pricing gas to its own downstream businesses, while overcharging other customers. The allegations were investigated by the Indian government, but no charges were ever filed.Nepotism: Ambani has been accused of nepotism for promoting his own family members to key positions within Reliance Industries. For example, his son Akash Ambani is the chief of strategy at Reliance Jio Infocomm, and his daughter Isha Ambani is a director at Reliance Jio Infocomm and Reliance Retail.

Anti-competitive practices: Reliance Industries has been accused of engaging in anti-competitive practices in the telecom and retail sectors. For example, in 2017, the Telecom Regulatory Authority of India (TRAI) fined Reliance Jio Infocomm for engaging in predatory pricing practices

.Environmental violations: Reliance Industries has been accused of environmental violations at its manufacturing plants. For example, in 2019, the National Green Tribunal (NGT) fined Reliance Industries for polluting the Krishna River in Andhra Pradesh.In addition to these specific controversies, Ambani has also been criticized for his extravagant lifestyle and his close ties to politicians.

Ambani has denied all of the allegations against him. He has said that he is a law-abiding citizen and that his business practices are ethical.Despite the controversies, Ambani remains one of the most respected and powerful businessmen in India. He is admired by many for his business acumen and his vision for India’s future.

Philanthropy

Mukesh Ambani is one of the most generous philanthropists in India. He has donated billions of dollars to various charitable causes through the Reliance Foundation, a non-profit organization that works in the areas of education, healthcare, and sustainable development.Some of the key areas of focus for the Reliance Foundation’s philanthropic work include:

Education: The Reliance Foundation provides scholarships and financial assistance to students from underprivileged backgrounds. It also supports various educational initiatives, such as teacher training programs and school infrastructure development.

Healthcare: The Reliance Foundation operates hospitals and clinics that provide affordable healthcare to the poor. It also supports various healthcare initiatives, such as disease prevention and awareness programs.

Sustainable development: The Reliance Foundation works on various sustainable development initiatives, such as water conservation, renewable energy and rural development.In addition to its philanthropic work in India, the Reliance Foundation has also supported various charitable causes around the world. For example, the foundation has donated to relief efforts for natural disasters and has supported educational and healthcare programs in developing countries.

Net worth

Mukesh Ambani is the chairman and managing director of Reliance Industries, India’s most valuable company by market value. With an estimated net worth of $91.2 billion. As of August 2023, he is the richest person in Asia and 13th richest in the world.

Ambani family is known for his extravagant lifestyle. He lives in Antilia, a 27-story private residence that is one of the most expensive homes in the world. Antilia has six floors of parking, three floors of helipads, a swimming pool, a spa, a gym, a home theater, and a ballroom. It also has a staff of over 600 people.Ambani also owns a number of luxury cars, including a Rolls-Royce Phantom, a Mercedes-Maybach S600, and a Bentley Bentayga. He is also known for his collection of private jets include Boeing Business Jet 2 (BBJ2), Falcon 900EX, Airbus A319.Ambani family frequently travels to exotic vacation destinations around the world. He is also known for his lavish parties and events.

Social Media Engagement  

Interesting Facts About

Ambani family is a big fan of cricket and are the owners of the Mumbai Indians cricket team.

Mukesh Ambani is also a fan of Indian classical music and dance.

He is a vegetarian and practices yoga regularly.

He is known for his work ethic and his dedication to his business.

 Mukesh Ambani is a visionary leader and has transformed Reliance Industries into one of the largest and most successful companies in India.   

 He has a twin brother. Ambani has a twin brother named Anil Ambani. The two brothers were once very close, but they had a falling out in 2004 and have been estranged ever since.

.In Conclusion Overall, Mukesh Ambani is one of the most influential person in India and in the world. He is a respected businessman, a philanthropist, and a role model for many people.If there are any discrepancies in the list, or if you want to suggest any celebrities for it, please let us know through the comment form. We welcome your feedback.

Read More: Jack Dorsey 

FAQ

Q1. Who is Mukesh Ambani?

Ans. Mukesh Dhirubhai Ambani (born 19 April 1957) is an Indian billionaire businessman. He is currently the chairman and managing director of Reliance Industries, India’s most valuable company by market value. With an estimated net worth of $91.2 billion. As of August 2023, he is the richest person in Asia and 13th richest in the world.

 Q2. Is Mukesh Ambani IITian?

Ans. No, Mukesh Ambani is not an IITian. He cleared the IIT-JEE exam and enrolled at IIT Bombay, but he dropped out after a few weeks to join the Institute of Chemical Technology (ICT), Mumbai, to pursue chemical engineering.

Q3. Is whatsapp sold to Mukesh Ambani?

Ans. No, WhatsApp is not sold to Mukesh Ambani. WhatsApp is owned by Meta (formerly Facebook). In April 2020, Reliance Industries announced a $5.7 billion investment in Meta’s Jio Platforms, which houses Meta’s messaging platform WhatsApp. This investment was part of a larger deal between Reliance Industries and Meta to accelerate the growth of digital commerce in India.

Q4.How many death threat did Mukesh Ambani received?

Ans. He has received four time death threat in year 2023 , in the month of Jan, March and October. In October he received two mails in 2 day demanding 20 corers and then 200 corers  

Q5 Who is the owner of Reliance?

Ans. The owner of Reliance Industries Limited (RIL) is Mukesh Ambani. He is the chairman and managing director of the company, and he holds a 50.4% stake in the company.