An overview
Mukesh Ambani is the largest shareholder of Reliance Industries Ltd. This business was left to him by his father, Dhirubhai Ambani, who was a business tycoon in the 1970s. However, Mukesh Ambani didn't just inherit the reliance industries but also contributed significantly to the company's growth. He is the company's chairman and the managing director.
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He completed his MBA at Stanford University, after which he spent a significant amount of time in his father's business. He subsequently helped his father to expand the company into various ventures, including owning a team in the IPL, the Mumbai Indians, and the entire super league football league.
All these possessions make him one of the most wealthy sport's owners in the world. Mukesh Ambani is recognized as the world's most respected business leader and India's ambitious billionaire.
Reliance Industries has made a mark by generating a revenue of over 70 million dollars yearly. The company holds stocks in the oil, gas, and petrochemical industry, telecom retail, and many more.
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The Reliance firm began merely as a small textile manufacturer. In July 2016, the telecom giant Jio was introduced by Reliance Industries, which brought about the 4G revolution in India. One-third of the company's stocks were sold to the technical giants Facebook and alphabet during the lockdown for 20 billion dollars.
Mukesh Ambani's old total revenue of above 22 million dollars alone from his Jio wireless network . At present Mukesh Ambani is a famous billionaire just like Mark Zuckerberg and Bill gates.
In the current scenario, even the technical giant Google is spending more than 10 billion dollars to help Ambani upgrade the company's infrastructure as the world races to 5G. Mukesh Ambani also has opened 700 grocery supermarkets in India.