Mukesh Ambani
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| Born: | April 19, 1957 Aden, Yemen |
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| Occupation: | Chairman, Managing Director Reliance Industries Limited |
| Salary: | Rs217 million[1] |
| Net worth: |  72% US$17.71 billion (2006)[2] |
| Spouse: | Nita Ambani |
| Children: | Akash Isha Anant |
Mukesh Ambani is the chairman and managing director of Reliance Industries Limited, India's largest private sector company. His wealth is estimated at US$ 19 billion as of November 2006, making him one of India's richest persons. Mukesh and younger brother Anil are sons of the founder of Reliance Industries, Dhirubhai Ambani .
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[edit] Education
Bachelor of Chemical Engineering from the University of Mumbai Department of Chemical Technology (UDCT), now called as University of Mumbai, Institute of Chemical Technology (UICT) and pursued a MBA from Stanford Business School,but dropped out the next year attributing to fathers ill health & the mantle was passed on to him. That year saw two notable dropouts from Stanford, the other being Steve Ballmer, who went on to run Microsoft.
[edit] Career
- Joined Reliance in 1981 and initiated Reliance's backward integration from textiles into polyester fibres and further into petrochemicals. In this process, he directed the creation of 60 new, world-class manufacturing facilities involving diverse technologies that have raised Reliance's manufacturing capacities from less than a million tonnes to twelve million tonnes per year.
- Directed and led the creation of the world's largest grassroots petroleum refinery at Jamnagar, India, with a present capacity of 660,000 barrels per day (33 million tonnes per year) integrated with petrochemicals, power generation, port and related infrastructure, at an investment of Rs 100000 crore (nearly US$ 24 billion).
- 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.
- Mukesh Ambani is also steering Reliance's initiatives in a world scale, offshore, deep water oil and gas exploration and production program, a pan-India petroleum retail network involving 5,800 outlets and a research-led life sciences initiative covering medical, plant and industrial biotechnology.
- Mukesh Ambani, CMD, Reliance Industries Limited , who has been leading the Reliance Life Sciences (RLS) initaitive since 2001, will continue to drive it post the new alignment of businesses at Reliance Industries Limited.
[edit] Achievements
- Ranked 42nd among the World's Most Respected Business Leaders and second among the four Indian CEOs featured in a survey conducted by Pricewaterhouse Coopers and published in Financial Times, London, November 2004.
- Conferred the World Communication Award for the Most Influential Person in Telecommunications in 2004 by Total Telecom, October, 2004.
- Chosen Telecom Man of the Year 2004 by Voice and Data magazine, September 2004.
- Ranked 13th in Asia's Power 25 list of The Most Powerful People in Business published by Fortune magazine, August 2004.
- Conferred the Asia Society Leadership Award by the Asia Society, Washington D.C., USA, May 2004.
- Ranked No.1 for the second consecutive year, in The Power List 2004 published by India Today, March 2004.
[edit] See also
[edit] References
- ^ Salary swings in Reliance deal (HTML). The Telegraph. Retrieved on 2006-11-05. “Year 2005 compensation: salary INR 10,000,000, bonus INR 207,200,000.”
- ^ Shirsat, B G (October 31, 2006). "Fast Forward". The Billionaire Club 6 (1): 4-13. Retrieved on 2006-11-11.
