About Anil Ambani In 1983,
Anil Ambani joined Reliance, a conglomerate company founded by his late father,
as the Co-Chief Executive Officer. He has also pioneered in initiating many
financial innovations in the Indian capital market, some of which were leading
India's first forays into overseas capital markets with international public
offerings of global depositary receipts, convertibles and bonds.
Under his leadership
Reliance has been raising around US$2 billion from the overseas financial
markets, since 1991. The 100-year Yankee bond was launched under his
leadership. The two Ambani brothers took Reliance Group to great heights and due
to their effort and intelligence it enjoys its current status as India's
leading textiles, petroleum, petrochemicals, power and telecommunication
company. Anil Ambani was also elected as the Independent Member of the Rajya
Sabha- Upper Sabha, Parliament of India with the support of the Samajwadi
Party, in June 2004.
He has been linked with several Bollywood personalities like Amitabh Bachchan
and Subrata Roy who are close friends. His major achievement in the
entertainment industry has been the takeover of Adlabs. Though his professional
life leaves him almost no time to rejuvenate, he makes a point to stay fit,
physically and mentally. He's an active participant in various marathons. He is
a vegetarian and abstains from alcohol. He wakes up early and goes for a run
everyday.
Personal Background of
Anil Ambani
He is the younger son to
Dhirubhai Ambani and Kokilaben. He has an elder brother, Mukesh Ambani and two
sisters, Nina Kothari and Deepti Salgaonkar. His father, Dhirubhai Ambani was
an Indian Business magnate and entrepreneur who founded Reliance industries,
petrochemicals, communications, power and textiles, a conglomerate company.
The environment in which he had spent his childhood was that of a stereotypical
Indian joint family. Even though he is well educated, he had been brought up to
pay more attention on non-academical activities, rather on academical ones, by
his father. By the time Anil grew up into an adult, his father had set up the
first office of Reliance Commercial Cooperation and Reliance Textiles.
Early in the 1970’s the Ambani family lived in a two bedroom apartment in
Bhuleshwar, Mumbai. Later, Dhirubhai Ambani purchased a 14-floor apartment in
Colaba, for the family, where until recently, the two Ambani brothers lived
with their families on separate floors.
Anil Ambani is a highly educated billionaire, unlike many billionaires around
the world who are drop outs. His educational qualifications are excellent. He
pursued his Bachelors degree in Science from the University of Mumbai, and
later went up to USA for his Masters in Business Administration at The Wharton
School, University of Pennsylvania.
Anil Ambani is married to Indian Bollywood Actress, Tina Munim and has two
sons, Anmol and Anshul. Tina Ambani, wife of this powerful scion of the
Corporate India, is also the Managing Director of Reliance Industries. She has
worked in the film industry for about 10 years.
Anil and Mukesh Ambani Split
It all started when Anil
Ambani was said to be embroiled in a dispute with his brother, Mukesh Ambani,
over the supply of gas which led to the split of the Reliance Group and after
which Anil Ambani founded the “Anil Dhirubhai Ambani Group”. Anil Ambani is the
Chairman of Reliance Communications, Reliance Capital, Reliance Energy, and
Reliance Natural Resources Limited.
Obstacles Faced by Anil
Ambani
· In the late 2000s Anil Ambani's name
was entered into the Business sheet's “World's biggest loser” list of business
leaders after losing $32.5 billion in 2008, due to which he lost his position
in the top ten list and came down to number 34 in 2009.
·
He was even interrogated by the
Central Bureau of investigation, and is allegedly a suspect in the 2G spectrum
scam.
TAwards and Achievements
won by Anil Ambani
Anil Ambani, is the
Chairman of Anil Dhirubhai Ambani Group, with a net worth of US $ 12.5 billion.
He was voted the 3rd most powerful person in India in 2009 (March) India Today
Power List.
He has a long list of awards, laurels and recognitions. Anil Ambani has been
constantly grabbing headlines almost everyday due to his activities or
achievements.
·
In 2006, he was voted as the
Businessman of the Year in Times of India poll.
·
Earlier in 2004, he was adjudged as
the CEO of the year at the Platts Global Energy Awards.
·
Not only is he a well-known
personality in the corporate world, he's equally famous among the youth as
well, which is evident from, him being voted the “Mtv Youth Icon of the Year”
for the year 2003.
Reliance Group- Company Profile
The Reliance Group is
among India’s top three private sector business houses on all major financial
parameters, with a market capitalization of Rs.325,000 crores (US$ 81 billion),
net assets in excess of Rs.115,000 crores (US$ 29 billion), and net worth to
the tune of Rs.55,000 crores (US$ 14 billion). Across different countries, the
group has a customer base of over 100 million, the largest in India, and a
shareholder base of over 12 million, among the largest in the world.
Through its products and services, the Reliance Group touches the life of 1 in
10 Indians every single day. It has a business presence that extends to over
20000 towns and 4.5 lakhs villages in India, and 5 continents across the world.
The interests of the Group range from communications (Reliance Communications)
and financial services (Reliance Capital Ltd), to generation, transmission and
distribution of power (Reliance Energy), infrastructure and entertainment.
Philosophy of Reliance
Group
Bold: Vision To build a
global enterprise for all our stakeholders and a great future for our country,
to give millions of young Indians the power to shape their destiny and the
means to realize their full potential.
MISSION
“To attract, nurture, grow and retain the best leadership talent in every
sector and industry they operate in”. –
