Mukesh Dhirubhai Ambani is an Indian business tycoon. He is the chairman, managing director and the largest shareholder of Reliance Industries Limited (RIL). Since 1981, he started working alongside his father Dhirubhai Ambani in their family business, Reliance. RIL deals mainly in petrochemicals, refining and in the oil and gas sectors. Over the years, the business has expanded to provide products and services like Retail Markets and Telecommunications. In the country’s telecommunication services, Reliance’s Jio has earned a top five spot. It was launched on September 5, 2016. On the Forbes magazine's list for the past ten years, Ambani has consistently held the title of being India's richest person. As of January 2018, by Forbes, he was ranked as the 18th-wealthiest person in the world. With a net worth of $44.3 billion in July 2018, he surpassed Jack Ma, executive chairman of Alibaba Group, to become Asia's richest person. Outside North America and Europe, he is also the wealthiest person in the world. He also owns the Indian Premier League franchise Mumbai Indians. At the Antilia Building, Ambani resides. With its value reaching $1 billion, it is one of the world's most expensive private residences. Early life: Mukesh was born in Aden, Yemen. He was brought up in Mumbai, India. In the early 1970s, in Chemical Engineering, he received his degree from the Institute of Chemical Technology.
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Mukesh Ambani now the 11th richest man in world, the increase in Ambani's total wealth is primarily due to the superb performance of Reliance Industries' shares.
Reliance Communications in a regulatory filing said that it has "agreed to pay a settlement amount of Rs 550 crore to Ericsson on or before September 30, 2018".
Reliance Retail has rolled out an online store that offers competitive prices on range of electronics.
The market valuation of Reliance Industries surged past Rs 7 lakh crore mark during Friday morning trade, as Ambani positioned his company to disrupt the e-commerce space in India.
Today's gains increased Ambani’s wealth to more than $42 billion. India’s richest man owns close to 47 per cent in RIL—the owner of the world’s largest oil refining complex.
With USD 142 billion net worth, Bezos tops the ranking of richest persons, according to Bloomberg Billionaires Index.
Ambani has been appointed for a period of five years, which commences from April 19, 2019.
Ambani said that the ultra-high speed fixed line broadband services will be launched for homes and enterprises.
"We will now extend fiber connectivity to homes, merchants, small and medium enterprises and large enterprises simultaneously across 1,100 cities to offer the most advanced fiber-based broadband connectivity solutions," Ambani said.
Reports suggest Ambani might announce the commercial launch of wired broadband service JioFiber and its price plans.
A grand engagement party of childhood friends Akash Ambani and Shloka Mehta was organised at Ambani’s residence Antilia tonight.
Priyanka Chopra attended Akash Ambani and Shloka Mehta's Mehendi ceremony at Antilia on Wednesday. Later, she went off with boyfriend Nick Jonas and mother for a dinner date.
According to the company's annual report released on Thursday, Ambani's decision reflects "his desire to continue to set a personal example for moderation in managerial compensation levels".
A report surfaced which stated that Anant Ambani and Radhika Merchant might get married in December.
Talking about the kind of bond the siblings share, an emotional Akash Ambani is seen in the video, saying, "I don't know how to put my feelings into words."
Anand Piramal proposes to Isha Ambani in true Bollywood style. See Pictures Here: The two got engaged recently after the Piramal scion proposed to Isha at a temple in Mahabaleshwar. The couple celebrated the occasion with their family and close ones.
Anand and Isha have been long-time friends and both the families have known each other for over four decades. Anand proposed to Isha over the weekend at a temple in Mahabaleshwar.
The two reportedly got engaged recently after the Piramal scion proposed to Isha at a temple in Mahabaleshwar. The couple celebrated the occasion with their family and close ones
A formal announcement and date for the wedding is yet to be declared but is likely to take place before that of Isha’s twin brother Akash Ambani and his fiance Shloka Mehta.
The Fortunes 2018 ranking of the 50 Greatest Leaders released today also has architect Balkrishna Doshi in the list which includes Apple CEO Tim Cook, New Zealand Prime Minister Jacinda Ardern and football coach Nick Saban.
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