Mukesh Ambani Birthday Special: Mukesh Ambani turns 68, know the complete story of his business and success
Mukesh Ambani Success Story: Today is the birthday of Mukesh Ambani, Chairman of the country’s most valuable company Reliance Industries Limited. Mukesh Ambani, born on 19 April 1957, turned 68 on Friday and was born in Yemen. On this special occasion, everyone wants to know the success story of Mukesh Ambani and how he achieved this position. On the basis of his hard work, he established a business empire in India which is famous all over the world.
Mukesh Ambani’s early life
Reliance Chairman Mukesh Ambani received his graduation degree in Chemical Engineering from Bombay University. After this, he also took admission in Stanford University but left his studies midway. In the year 1981, he entered the business of Reliance Group along with his father Dhirubhai Ambani.
Rapid expansion of Reliance Industries
Walking shoulder to shoulder with his father, Mukesh Ambani, apart from petroleum, also entered the telecom sector. In the year 1985, the name of the company was changed from Reliance Textile Industries Limited to Reliance Industries Limited. After the death of Dhirubhai Ambani on July 6, 2002, Mukesh Ambani took complete command of Reliance Industries.
Partition after father’s death
As soon as the father died, a dispute over property started in the Ambani family and the matter reached the point of division. In the partition, most of the new businesses of Reliance Group were completely handed over to his younger brother Anil Ambani. Whereas Mukesh Ambani had to be satisfied with his old business and Reliance Industries Limited came to him.
Journey from floor to high with hard work
When Mukesh Ambani took charge of Reliance Industries in 2002, its market capitalization was only Rs 75,000 crore. After this, with his hard work and dedication, he made Reliance the largest company in the country. Today the market cap of Reliance is Rs 19.79 lakh crore and it has also crossed the figure of Rs 20 lakh crore.
Asia’s richest man
According to Bloomberg Billionaires Index, Mukesh Ambani is the 11th billionaire in the world with a net worth of $112 billion. Today Mukesh Ambani has become the richest person not only in India but in entire Asia. Today, Reliance’s business is expanding rapidly in various sectors including retail and finance.
Jio’s amazing and debt-free Reliance
Mukesh Ambani made a strong impact not only in petroleum but also in the fields of retail, life sciences and telecom. Reliance Industries Limited had raised Rs 1.15 lakh crore by selling the stake of Jio Platforms in just 58 days. The company raised Rs 52,124.20 crore through rights issue and repaid the loan of Rs 1,61,035 crore ahead of schedule.
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distributed among children
The huge business Reliance Group is expanding rapidly and now Mukesh Ambani has divided this huge business among his three children. His elder son Akash Ambani is handling Reliance Jio and daughter Isha Ambani is handling Reliance Retail very well. Younger son Anant Ambani is completely in charge of the new energy business of Reliance Group.
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