Background and Career:
Mukesh Ambani, born on April 19, 1957, is an Indian business magnate and the chairman and largest shareholder of Reliance Industries Limited (RIL). RIL is India’s most valuable company by market capitalization and one of the largest conglomerates in the country, with diversified interests in petrochemicals, refining, oil, telecommunications, retail, and media.

Mukesh Ambani father

Ambani is the son of the legendary business tycoon Dhirubhai Ambani, who founded Reliance. Mukesh joined Reliance in 1981 and has been instrumental in the company’s massive growth and diversification. Under his leadership, Reliance has expanded beyond traditional oil and gas sectors into telecommunications, retail, and digital services, establishing itself as a major player in each sector.

Education

Mukesh Ambani received his early education at the Hill Grange High School in Mumbai. He then attended the Institute of Chemical Technology (ICT), Mumbai, where he earned a Bachelor’s degree in Chemical Engineering. Following this, he enrolled in the MBA program at Stanford University but left in 1980 to help his father, Dhirubhai Ambani, in building Reliance Industries.

Business Ventures:

1. Reliance Industries Limited (RIL): The flagship company of the Reliance Group, RIL is involved in refining, petrochemicals, and exploration. It is also a significant player in the Indian retail market through its subsidiary, Reliance Retail.
2. Jio Platforms: A subsidiary of RIL, Jio is a telecommunications and digital services provider. Launched in 2016, Jio revolutionized the Indian telecom sector with affordable data and voice services, amassing over 400 million subscribers. Jio Platforms has attracted significant investment from global technology and investment firms.
3. Reliance Retail: This subsidiary is the largest retailer in India, offering a wide range of products from groceries to fashion. It operates various store formats like Reliance Fresh, Reliance Digital, and Reliance Trends.
4. Other Ventures: Mukesh Ambani has also made investments in energy, infrastructure, and media sectors, including the launch of television networks under the Network18 brand.
5. for all details : https://www.jioinstitute.edu.in/

Net Worth:

Mukesh Ambani is consistently ranked among the richest individuals in the world. As of 2024, his estimated net worth is approximately $88 billion, making him one of the wealthiest people globally. His wealth primarily stems from his stake in Reliance Industries, which accounts for a significant portion of India’s market capitalization.

Family

• Nita Ambani: Mukesh Ambani is married to Nita Ambani, a philanthropist, and the chairperson of the Reliance Foundation, which focuses on healthcare, education, and rural development. Nita Ambani is also involved in the management of several businesses under the Reliance banner and plays a key role in the cultural and philanthropic initiatives of the family.

Mukesh Ambani Childrens:

• Akash Ambani: He is involved in the telecom and digital businesses of Reliance, particularly in Jio Platforms.
• Isha Ambani: Isha is involved in Reliance’s retail and digital services ventures. She plays a significant role in the company’s strategic and expansion plans.
• Anant Ambani: The youngest of the three, Anant is gradually taking on more responsibilities within the family business, particularly in the energy and sustainability sectors.

Residence

Antilia, the Ambani family’s residence, is one of the most well-known private homes globally. Located in South Mumbai, this 27-story skyscraper is one of the world’s most expensive residential properties, valued at around $2 billion. The building features multiple luxury amenities, including a private movie theater, swimming pools, a health spa, a ballroom, and multiple floors dedicated to car parking. It also includes guest apartments, gardens, and a temple.

Shares and Holdings

Mukesh Ambani holds a significant stake in Reliance Industries, both directly and through various holding companies. The Ambani family collectively owns approximately 50% of Reliance Industries, ensuring control over the company’s major decisions and strategic directions.

Tax

Mukesh Ambani-led Reliance group. The three listed Ambani companies paid more than Rs 20,730 crore in tax in FY23

New marrige in Ambani family

for details of marrige: https://comingglobe.com/ambani-wedding-cost-anant-ambani-radhika-merchant-wedding/

Conclusion:
Mukesh Ambani’s leadership has transformed Reliance Industries from a textiles company into a global conglomerate with interests in various high-growth sectors. His visionary approach has positioned Reliance as a key player in India’s economic landscape, with significant contributions to the telecom, retail, and energy sectors.