Net  Worth 2020  $ 88.8 Billion

Mukesh Dhirubhai Ambani (born 19 April 1957) is an Indian billionaire business magnate, and the chairman, managing director, and largest shareholder of Reliance Industries Ltd. (RIL), a Fortune Global 500 company and India’s most valuable company by market value. He is the richest person in Asia with a net worth of US$88.8 billion, and as of September 2020, the 5th richest in the world

Early life

Mukesh Dhirubhai Ambani was born on 19 April 1957 in the British Crown colony of Aden (in present-day Yemen) to Dhirubhai Ambani and Kokilaben Ambani. He has a younger brother Anil Ambani and two sisters, Nina Bhadrashyam Kothari and Dipti Dattaraj Salgaocar.

Ambani lived only briefly in Yemen because his father decided to move back to India in 1958  to start a trading business that focused on spices and textiles. The latter was originally named “Vimal” but later changed to “Only Vimal. His family lived in a modest two-bedroom apartment in BhuleshwarMumbai until the 1970s. The family’s financial status slightly improved when they moved to India but Ambani still lived in a communal society, used public transportation, and never received an allowance. Dhirubhai later purchased a 14-floor apartment block called ‘Sea Wind’ in Colaba, where, until recently, Ambani and his brother lived with their families on different floors.

Education

Ambani attended the Hill Grange High School at Peddar Road, Mumbai, along with his brother and Anand Jain, who later became his close associate.After his secondary schooling, he studied at the  He then received a BE degree in Chemical Engineering from the Institute of Chemical Technology.

Ambani later enrolled for an MBA at Stanford University but withdrew in 1980 to help his father build Reliance, which at the time was still a small but fast-growing enterprise. His father felt that real-life skills were harnessed through experiences and not by sitting in a classroom, so he called his son back to India from Stanford to take command of a yarn manufacturing project in his company.

Ambani has been quoted as saying that he was influenced by his teachers William F. Sharpe and Man Mohan Sharma because they are “the kind of professors who made you think out of the box.”

Career


 

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