Seventh Spot: Mukesh Ambani
Mukesh Ambani (born April 19, 1957)
is the chairman, managing director and the largest
shareholder of Reliance Industries, India's largest private
sector company and a Fortune 500 Company. His personal stake in
Reliance Industries is 48%. His wealth of US$ 43 billion as of
March 2007 has been decimated during a turbulent 2008 to $19.5
billion but still enough to make him the seventh richest man in
the world in 2009, a drop of two places from fifth in 2008.
Mukesh and younger brother Anil are sons of the late founder of
Reliance Industries, Dhirubhai Ambani.
Fortune |
Business |
Country |
Status |
19.5 Billion
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Manufacturing |
India |
Married, 3 children |
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Mukesh holds a Bachelor of Chemical Engineering
from the University of Mumbai Department of Chemical Technology
(UDCT), which is now known as University of Mumbai, Institute
of Chemical Technology (UICT). He began the MBA program at Stanford
Business School, but failed to finish. He dropped out after
his first year in order assist in father's ongoing efforts to
build the Patalganga petrochemical plant.
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Mukesh Ambani has set up the largest and
most complex information and communications technology
initiative in the world in the form of Reliance Infocomm
Limited. Covering more than 1,100 towns and cities across
India, Reliance Infocomm offers the full range of voice,
data, video and value added services, on the strength
of 80,000 kilometers of optic fibre-based terabit infrastructure,
at the lowest entry cost and services cost anywhere in
the world. However, Reliance Infocom now is under ADAG
(Anil Dhirubhai Ambani Group) post the brothers' split.
(wiki)
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