The Ambani family's system began with a textile company founded by Mr. Dhirubhai (father of billionaire Mukesh Ambani). Photo: Getty Images
After graduating from the MBA program of the prestigious university Stanford, Mukesh returned to his family's leadership, gradually taking on business work. Mukesh was the one who introduced Reliance to the petrochemical sector in the 1990s and dominated India's retail telecommunications sector in the early 2000s.
Not textiles but petrochemicals and telecommunications are the gold mines that make Reliance look forward. The huge profit from the world's largest oil refining complex, Jamnagar, located on the west coast of India, is one of the keys to making Reliance a top value-added enterprise globally. Photo: The Economic Times
After a series of restructurings and development orientations reaching international markets, Mukesh has turned Reliance Industries into the second most valuable group in India, operating in many fields from energy, petrochemicals, telecommunications, retail to banking.
Many people compare the Reliance empire to one of the "backbone" of the Indian economy. Mukesh, as Chairman and CEO, owns a 40% stake in the empire.
Few words fully describe the luxury of the Ambani family. They live in the most expensive house on the planet, Antilia, in the capital Mumbai.
The Antilia Building is inspired by the legendary island of Phantom, which is legendarily located in the mid- Atlantic. The skillful blend of Eastern architectural culture and Buddhism is beautifully expressed in the details of lotus flowers and sunflowers integrated into each line and block.
Antilia is 27-storey in the middle of the capital Mumbai. To serve and operate the house, the richest billionaire in India had to hire up to 600 employees. This building is considered to be absolutely solid, with the ability to withstand earthquakes of the intensity of 8 richter.
In addition, Antilia, the richest person in Asia, also owns billions of dollars in real estate and Boeing Business aircraft to serve international business trips. He also spent $100 million to buy the prestigious Cricket Mumbai indians.
In early 2019, Mukesh Ambani stunned the whole world when he gave his daughter a dream wedding with an estimated cost of up to 100 million USD. Perhaps even the Dubai tycoons who are famous for their luxurious life as kings must admire the playful animals of Mukesh Ambani.
The cost of $100 million is considered insignificant compared to the assets of billionaire Mukesh Ambani. In just 3 months since August 7, the billionaire's assets have increased "rapidly" from 44.2 billion USD to 59.3 billion USD (up 15.1 billion USD). He is currently the 13th richest person on the planet.
