---
title: "What makes Mukesh Ambani the richest man in India?"  
description: "What makes Mukesh Ambani the richest man in India?"  
author: "Gurmeet Kaur"  
published: 2018-08-30  
canonical: https://answers.mindstick.com/qa/49545/what-makes-mukesh-ambani-the-richest-man-in-india  
category: "richest and most powerful people"  
tags: ["india's richest person"]  
reading_time: 2 minutes  

---

# What makes Mukesh Ambani the richest man in India?

What makes Mukesh [Ambani the richest man](https://answers.mindstick.com/qa/49489/what-makes-anil-ambani-the-richest-man-in-india) in India?\
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## Answers

### Answer by Sarda Kumari

## An overview

[Mukesh Ambani](https://yourviews.mindstick.com/view/81568/india-s-richest-business-magnet-mukesh-ambani-plans-to-set-up-family-council) 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.**

![What makes Mukesh Ambani the richest man in India?](https://answers.mindstick.com/questionanswer/0b06da56-e773-4a71-817b-9b9689ab8142/images/949a1e89-3a9c-4520-964e-a00928f20e82.jpeg)\

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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.**

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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.**

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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.**

![What makes Mukesh Ambani the richest man in India?](https://answers.mindstick.com/questionanswer/0b06da56-e773-4a71-817b-9b9689ab8142/images/126b6394-2273-45e1-984b-3cd35dc2bd7d.jpeg)\

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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 alphabe**t during the lockdown for **20 billion dollars.**

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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.**

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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.


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Original Source: https://answers.mindstick.com/qa/49545/what-makes-mukesh-ambani-the-richest-man-in-india

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