Mukesh Dhirubhai Ambani and Reliance Empire

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Mukesh Ambani-Dhirubhai Ambani-Anil Ambani
Mukesh Ambani-Dhirubhai Ambani-Anil Ambani-Reliance

The chairman and the MD of Reliance Industries Limited, Mr. Mukesh Dhirubhai Ambani (Mukesh D. Ambani), is the second richest man of Asia and the richest man of India. Mukesh Ambani is the elder son of India’s extraordinary business tycoon the Dhirubhai Ambani.   

Dhirubhai Ambani

At a young age, the Dhirubhai Ambani went to Yemen and started a small job for 300 RS per month. However, he never felt tired. At the same time, he was doing part-time jobs at Yemen to earn more. After the independence of Yemen, he returned to India. 

Wife- Kokila Bahen

Children- Mukesh Ambani, Anil Ambani, Nina Kothari, Deepti Salgaonkar

History of Reliance

The Dhirubhai Ambani started to do a small business of spices with his cousin with an investment of 15,000 RS. 

In the year 1957, the Dhirubhai Ambani (28 December 1932 – 6 July 2002) started polyester yarn trading on a small 500 sq. Ft. office in Masjid Bunder, Mumbai.

Don’t give up. Courage is my conviction

— Dhirubhai Ambani

When they started, there was no demand for polyester yarn in the Indian market. However, with talent and experience, the Dhirubhai Ambani created a need in the Indian market. After some years, the relationship between the Dhirubhai Ambani and his cousin lost the spice, and in the meantime, the total turnover of the company was near about ten lack rupees. So, both of them got separated from the joint venture. 

  • Founded- 1966
  • First IPO- 1977
  • Mukesh Ambani Joined- 1982
  • Anil Ambani Joined- 1983
  • New Name “Reliance Industries Limited” Formed- 1985
  • Hazira Petrochemical Plant Commissioned- 1991-92
  • Incoming of Overseas Capital Market For Fund- 1993
  • Reliance Enters into Telecom Industries- 1995
  • Net Profit of Reliance Crossed RS. 1000 Crore- 1996
  • Reliance Gas- 1998-99
  • Death of Dhirubhai Ambani- 2002
  • Business Split between Mukesh Ambani & Anil Ambani- 2005

After that, the Dhirubhai Ambani started “Reliance Commercial Corporation,” and soon he established “Reliance Textiles Limited.” After that, he never looked back. The “Reliance Group” never stopped. 

Dhirubhai-Ambani-Founder of Reliance Group
Dhirubhai-Ambani-Founder of Reliance Group

The Dhirubhai Ambani had two sons named “Mukesh Ambani” & “Anil Ambani.” After graduation, both of them joined the father’s business. Mukesh Ambani was the elder son of the Dhirubhai Ambani and was an expert in business operation while Anil Ambani was an expert on finance and relationship development. 

After the death of the Dhirubhai Ambani, both of them divided the father’s business and started to operate individually. 

Mukesh Ambani

Mukesh Dhirubhai Ambani-Chairman-Reliance Industries Limited
Mukesh Dhirubhai Ambani-Chairman-Reliance Industries Limited

Wife

Nita Ambani

(Marriage Story of Nita & Mukesh)

Children

1. Anant Ambani

2. Akash Ambani

3. Isha Ambani

Degree– 

Bachelor of Chemical Engineering 

Masters of Business Administration 

Company Reliance Industries Limited

Mukesh Ambani Net Worth 2019– $54 Billion

Mukesh Ambani Net Worth 2007– $45 Billion 

Anil Ambani 

Anil Dhirubhai Ambani-Chairman-Reliance ADA
Anil Dhirubhai Ambani-Chairman-Reliance ADA

Wife

Tina Ambani

Children

1. Jai Anmol Ambani

2. Jai Anshul Ambani

Degree

Bachelor of Science

Masters of Business Administration

CompanyReliance ADA Group

Anil Ambani Net Worth 2019– $1.9 Billion

Anil Ambani Net Worth 2007– $45 Billion

 

Mukesh Ambani Rescued Anil Ambani From Court

Indian business tycoon the Dhirubhai Ambani’s youngest son Anil Ambani was accused of debt repayment charges by the Swedish company “Erricson”. The Indian government said that Anil Ambani has to pay the debt of “Erricson” which was about Rs 462 Crore. But Anil Ambani was not eligible to pay this because he had crossed the loan overdraft limit of the Banks. However, there was no way left for Anil Ambani to get away from jail sentences.

But a famous poet said, “family is family, blood talks”. Though the relation between the brothers Mukesh Ambani and Anil Ambani was not good enough, Mukesh Ambani came to help his brother. The chairman of Reliance Industries Limited Mukesh Ambani paid the debt of “Erricson” Rs 462 Crore and saved Anil Ambani from jail sentences. At the same time, Mukesh Ambani proved that the Dhirubhai Ambani taught his children to value relationships. Anil Ambani once forgot the upbringing of the Dhirubhai Ambani and Smt. Kokila Bahen, but Mukesh Ambani did not.

As a person, Mukesh Ambani is down to earth. The upbringing of the Dhirubhai Ambani still exists in Mukesh Ambani, who did his duty and responsibility as the elder brother.

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