Anil Ambani (born June 4, 1959) is an Indian businessman. As of October 6th 2007, he has a net-worth of US$45 billion, making him the 6th richest person in the world. His was the world's fastest-growing multi-billion-dollar fortune in percentage terms as his wealth tripled in 1 year. Ambani is chairman of Reliance Capital, Reliance Communications and Chairman & Managing Director, Reliance Energy, and was formerly Vice Chairman and Managing Director of Reliance Industries Limited. His personal stake in Reliance Communications is 66%. Reliance group is India's largest business house, founded by Anil's late father Dhirubhai Ambani (1938-2002). His mother is Kokilaben Ambani. He is married to Tina Ambani(Munim) who was a well known Indian Actress in early 80's, and with whom he has two sons: Jai Anmol and Jai Anshul.
The total investors' wealth in the four Anil Ambani Group firms -- Reliance Communications (RCOM), Reliance Capital (RCL), Reliance Energy (REL) and Reliance Natural Resources Ltd (RNRL) has reached 1,42,384 crore rupees, while total promoter holding is estimated at about Rs 87,000 crore. Anil's wealth comes mostly from his over 65 per cent stake in RCOM, which has a market cap of about Rs 1,03,000 crore. He also has over 50 per cent in RCL (market cap of Rs 24,000 crore), 35 per cent in REL (market cap of Rs 12,700 crore) and close to 54 per cent in RNRL, which has a market cap of about Rs 2,600 crore.
As of 6th October 2007, his net worth was calculated at $45 billion.
Ambani holds a Bachelor of Science degree from the University of Mumbai and an MBA degree from The Wharton School at the University of Pennsylvania. Currently, he serves as a member of the Wharton Board of Overseers.
Ambani joined Reliance in 1983 as Co-Chief Executive Officer and is credited with having pioneered many financial innovations in the Indian capital markets. For example, he led India's first forays into overseas capital markets with international public offerings of global depositary receipts, convertibles and bonds. He directed Reliance in its efforts to raise, since 1991, around US$2 billion from overseas financial markets; with a 100-year Yankee bond issue in January 1997 being the high point. After which people regarded him as a Financial Wizard. He has steered the Reliance Group to its current status as India's leading textiles, petroleum, petrochemicals, power, and telecom company.
Anil was the member of Uttar Pradesh Development Council (This council has now been scrapped) He is also the Chairman of Board of Governors of DA-IICT, Gandhinagar and a member of the Board of Governors of the Indian Institute of Technology, Kanpur. He is member of the Board of Governors, Indian Institute of Management, Ahmedabad. He is also a member of the Central Advisory Committee, Central Electricity Regulatory Commission. In June 2004, Anil was elected as an Independent Member of the Rajya Sabha - Upper House, Parliament of India with the support of the Samajwadi Party. In March 2006, he resigned. Recently after his brother Mukesh Ambani he also has his name in the books of Trillionaires.
Anil has been linked with several starlets in his long career including his current wife of more than 15 years. Recently, Anil was linked to Miss Universe Sushmita Sen. He is a close friend of movie star Amitabh Bachchan . One of his major achievements in the entertainment industry is the takeover of Adlabs, the movie production to distribution to multiplex company that owns Mumbai's only dome theatre.
Education:
University of Bombay: Bachelor of Arts / Science
University of Pennsylvania Wharton School: Master of Business Administration
Awards:
Voted Businessman of the Year 2006 by Times of India-TNS poll [3]
Adjudged as the CEO of the Year at the prestigious Platts Global Energy Awards for 2004.
Voted 'MTV Youth Icon of the Year', September 2003.
Conferred 'The Entrepreneur of the Decade Award' by the Bombay Management Association, October 2002.
Awarded the First Wharton Indian Alumni Award by the Wharton India Economic Forum (WIEF) in recognition of his contribution to the establishment of Reliance as a global leader in many of its business areas, December 2001
Conferred the 'Businessman of the Year 1997' award by India's leading business magazine Business India, December 1997..........
Source: http://en.wikipedia.org/wiki/Anil_Ambani
Tuesday, January 15, 2008
Anil Dhirubhai Ambani
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Friday, November 23, 2007
Mukesh Ambani
Date Of Birth: April 19, 1957
Birth Place: Aden, Yemen
Profession: Chairman, Managing Director and the largest shareholder of Reliance Industries
Education:
Mukesh Ambani holds a Bachelor of Chemical Engineering from the University Department of Chemical Technology (UDCT), which is currently known as University of Mumbai, Institute of Chemical Technology (UICT). He began the MBA program at Stanford Business School, but dropped out after his first year in order to assist in his father's ongoing efforts to build the Patalganga petrochemical Plant.
Career:
Mukesh Ambani joined Reliance in 1981 and initiated Reliance's backward integration from textiles into polyester fibres and further into petrochemicals, petroleum refining and oil and gas exploration and production. In this process, he directed the creation of several new world- class manufacturing facilities involving diverse technologies that have raised Reliance's petrochemicals manufacturing capacities from less than a million tonnes to thirteen million tonnes per year.
Mukesh Ambani directed and led the creation of the world's largest grassroots petroleum refinery at Jamnagar, India, with a current capacity of 660,000 barrels per day (33 million tonnes per year) integrated with petrochemicals, power generation, port and related infrastructure, at an investment of Rs. 25,000 crore (nearly US$ 6 billion).
Mukesh Ambani set up the largest and most complex information and communications technology initiative in the world in the form of Reliance Infocomm Limited (now Reliance Communications Limited). Covering more than 1,100 towns and cities across India, Reliance Infocomm offers the full range of voice, data, video and value added services, on the strength of 80,000 kilometres of optic fibre-based terabit infrastructure, at the lowest entry cost and service cost anywhere in the world.
Mukesh Ambani is also steering Reliance's initiatives in a world scale, offshore, deep water oil and gas exploration and production program and implementation of a pan- India organized retail network spanning multiple formats and supply chain infrastructure.
Ambani's achievements include:
Bestowed the US-India Business Council (USIBC) 'Global Vision' 2007 Award for Leadership in 2007
Invited to be a member of the World Business Council for Sustainable Development (WBCSD). He is the only Indian CEO to be a Council Member of WBCSD.
Conferred 'ET Business Leader of the Year' Award by The Economic Times (India) in the year 2006.
Received the first NDTV-Profit 'Global Indian Leader Award' from Hon'ble Prime Minister of India, Shri Manmohan Singh in New Delhi in the year 2006.
Had the distinction and honour of being the co- chair at the World Economic Forum Annual Meeting 2006 in Davos, Switzerland.
Ranked 42nd among the 'World's Most Respected Business Leaders' and second among the four Indian CEOs featured in a survey conducted by Pricewaterhouse Coopers and published in Financial Times, London, November, 2004.
Conferred the World Communication Award for the 'Most Influential Person in Telecommunications in 2004' by Total Telecom, October, 2004.
Conferred the 'Asia Society Leadership Award' by the Asia Society, Washington D.C., USA, May, 2004.
Mukesh Ambani is the Chairman of Reliance Petroleum Limited and Reliance Retail Limited and a Director of Reliance Europe Limited and Pratham India Education Initiative. He is the Chairman of the Finance Committee, a member of the Shareholders'/ Investors' Grievance Committee and the Employees Stock Compensation Committee of the Company.
Mukesh Ambani is a member of the Prime Minister's Council on Trade and Industry, Government of India; Council of Scientific and Industrial Research (CSIR) Society, India; Board of Governors of the National Council of Applied Economic Research, New Delhi and the Advisory Council of the Indian Banks' Association. He is a member of the Indo-US CEOs Forum, the International Advisory Board of Citigroup, and McKinsey Advisory Council.
He is the Chairman, Board of Governors of the Indian Institute of Management, Bangalore and a member of the IIT Bombay Advisory Council of the Indian Institute of Technology, Mumbai. He is also a member of the Advisory Council for the Graduate School of Business of the Stanford University.
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Monday, November 19, 2007
Dhirubhai Ambani
Major Group Companies: Reliance Industries Limited,
Birthplace: Chorwad, village in Saurashtra (Gujarat),
Father's Name: Hirachand Govardhandas Ambani
Mother's Name: Jamunaben Hirachand Ambani
Dhiru Bhai Ambani built
Dhirubhai Ambani was the most enterprising Indian entrepreneur. His life journey is reminiscent of the rags to riches story. He is remembered as the one who rewrote Indian corporate history and built a truly global corporate group.
Dhirubhai Ambani alias Dhirajlal Hirachand Ambani was born on December 28, 1932, at Chorwad,
After doing his matriculation at the age of 16, Dhirubhai moved to
Assisted by his two sons, Mukesh and Anil, Dhiru Bhai Ambani built
Dhirubhai Ambani is credited with shaping
In 1992, Reliance became the first Indian company to raise money in global markets, its high credit-taking in international markets limited only by
Dhirubhai Ambani was named the Indian Entrepreneur of the 20th Century by the Federation of Indian Chambers of Commerce and Industry (FICCI). A poll conducted by The Times of India in 2000 voted him "greatest creator of wealth in the century".
Career:
At the age of 17 went to
In the year 1958 returned to Mumbai and started his first company, Reliance Commercial Corporation, a commodity trading and export house.
In the year 1966, as a first step in Reliance's highly successful strategy of backward integration, he started the textile mill in Naroda, Ahmedabad.
In the year 1975, a technical team from the World Bank certified that the Reliance textile plant was "excellent by developed country standards."
In the year 1977, the company went public.
Credited with a number of financial innovations in the Indian capital markets. Today, the Reliance Group has one of the largest family of shareholders in the world. With an investment of over Rs 36,000 crore (US$ 9 billion) in petroleum refining, petrochemicals, power generation, telecommunication services and a port terminal in a three-year time frame, has steered the Reliance Group to its current status as India's leading textiles-petroleum-petrochemicals-power-telecom player.
Achievements: Voted
Petrotech Society conferred posthumously the 'Lifetime Achievement Award' for his outstanding contribution to Downstream Petroleum Industry in
Rated as one of '
Conferred the 'Lifetime Achievement Award' by
Conferred 'The Economic Times Award for Corporate Excellence for Lifetime Achievement', August 2001.
Felicitated by the Municipal Corporation of Greater Mumbai with a citation at a civic reception, December 2000.
Conferred the 'Man of the Century' award by Chemtech Foundation and Chemical Engineering World in recognition of his outstanding contribution to the growth and development of the chemical industry in
Conferred the 'Indian Entrepreneur of the 20th Century' award by FICCI (Federation of Indian Chambers of Commerce and Industries), for his meticulous scripting of one of the most remarkable stories of business endeavour of the 20th century, March 2000.
Thrice (in the years 2000, 1998 and 1996) nominated as one of the 'Power 50 - the most powerful people in
Voted as the most admired Indian of the millennium in the field of Business & Economics in 'Legends - A Celebration of Excellence' poll audited by Ernst & Young for Zee Network, January 2000.
Voted as 'Creator of Wealth' of the Century in The Times of India poll, January 2000.
Chosen as one of the three 'makers of equity' by India Today in their special millennium issue entitled '100 People Who Shaped India in the 20th Century', January 2000.
Chosen by the Indian Merchants' Chamber as "An Outstanding Visionary of the 20th Century" in recognition of his unique achievements and contribution in the development of industry and capital markets in
Voted as 'Indian Businessman of the Century' in Business Barons Global Multimedia Poll, December 1999.
Amongst 'The Power 50 -
Declared 'Most Admired Indian Business Leader' by The Times of India, Indiatimes.com poll, July 1999.
The only Indian industrialist in 'Business Hall of Fame' in Asiaweek, October 1998.
Awarded the Dean's Medal by The Wharton School,
Chosen as 'Star of Asia' by Business Week,
Leading business magazine Business Barons placed him in its list of '
Awarded the Companion Membership of the Textile Institute, UK, an award which is limited to 50 living members who have "substantially advanced the general interests of the industries based on fibres", 1994.
Chosen 'Businessman of the Year 1993', Business
Source: http://www.iloveindia.com, http://www.dhirubhai.net
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