India’s leading businessman Mukesh Ambani turns 67 today. He was born in Aden city of Yemen. With the return of his father Dhirubhai Ambani to the country, he also came to India from Yemen. Then played an important role in setting up Rescience.
command of reliance
Mukesh Ambani took charge of Reliance after the death of his father Dhirubhai Ambani in 2002. From then till now Mukesh Ambani has never looked back. Today, with a market cap of around Rs 20 lakh crore, Reliance is the largest company in the country by market valuation. Let us tell you, when Mukesh Ambani took charge of Reliance. Then the market cap of Reliance was Rs 75,000 crore. Today, Reliance’s business is spread across petroleum, retail, telecom and green energy and many other sectors.
11th richest person in the world
Mukesh Ambani is currently the 11th richest person in the world and India. According to Bloomberg Billionaires Index, he has assets worth $113 billion. His wealth has increased by $16 billion in 2024. The main reason for the increase in wealth is the rise in the shares of Reliance. Since the beginning of this year till now, Reliance shares have given a return of 12.26 percent to the investors.
Divided business among children
Mukesh Ambani, along with rapidly expanding the business of Reliance, is also successfully distributing it among his children. Mukesh Ambani’s daughter Isha Ambani is handling the business of Reliance Retail. At the same time, elder son Akash Ambani has given Jio Telecom and younger son Anat Ambani the green energy business of Reliance Group, in which the company is investing on a large scale.
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