Early Life
Mukesh Dhirubhai Ambani was born on April 19, 1957, in Aden, Yemen. His father, Dhirubhai Ambani, founded Reliance Industries, and Mukesh later attended Hill Grange High School in Mumbai. He pursued a bachelor's degree in chemical engineering from the Institute of Chemical Technology (ICT), Mumbai.
Rise to Success
Mukesh Ambani began his career by joining his family business in 1981, dropping out of an MBA program at Stanford University to assist his father. He played a key role in diversifying Reliance Industries into petrochemicals, refining, and telecom. After his father's death in 2002, Mukesh and his brother, Anil, divided the family business. Mukesh took control of Reliance Industries, expanding into various sectors, including retail and telecom, and oversaw the launch of Jio Platforms. Under his leadership, Reliance has become India's largest company by market capitalization.
Key Business Strategies
Ambani's key strategies have focused on expanding Reliance Industries through strategic investments and diversification. He spearheaded the creation of the world's largest petroleum refinery in Jamnagar and has invested heavily in renewable energy and digital services. A significant move was raising over $20 billion during the COVID-19 lockdown by selling a stake in Jio to investors like Facebook and Google.
Philanthropy
Mukesh Ambani, along with his wife Nita Ambani, has been involved in various philanthropic initiatives through the Reliance Foundation. These initiatives span across education, healthcare, rural development, disaster management, and sports. The Foundation has supported education through scholarships and healthcare through various programs.