Indian business argest shareholder of Reliance Industries Limited,
Fortune Global 500 company
Mukesh Dhirubhai Ambani born 19 April 1957 is an Indian business magnate who is the chairman, managing director and largest shareholder of Reliance Industries Limited a Fortune Global 500 company and India’s second most valuable company by market value. He resides at the Antilia Building, the world’s most expensive property. He holds a 44.7% stake in the company. He is the elder son of the late Dhirubhai Ambani and Kokilaben Ambani and the brother of Anil Ambani. RIL deals mainly in refining, petrochemicals, and in the oil and gas sectors. Reliance Retail Ltd., another subsidiary, is the largest retailer in India.
In 2014, he was ranked 36 on Forbes list of the world’s most powerful people and in 2010, he was included in Forbes’s list of “68 people who matter most”. As of 2013, he is India’s richest man and second richest man in Asia. Ambani retains his title as India’s richest person for the ninth consecutive year. Through Reliance, he also owns the Indian Premier League franchise Mumbai Indians. In 2012, Forbes named him one of the richest sports owners in the world.
He has served on the board of directors of Bank of America Corporation and the international advisory board of the Council on Foreign Relations. He was the chairman of the board of Indian Institute of Management Bangalore, which is one of the leading business schools in India.