Did you know India's richest man & Reliance chief Mukesh Ambani's birthplace isn't India but this country?
Mukesh Ambani, a leading figure in the business world, is the chairman and managing director of Reliance Industries Limited (RIL). Under his leadership, RIL has become a global giant with interests in energy, petrochemicals, textiles, retail, and telecommunications. As of June 2024, Mukesh Ambani is the richest person in Asia and the 10th richest in the world, with a net worth of $116.1 billion. While many know about Ambani's wealth and his luxur...Read More
Mukesh Ambani, a leading figure in the business world, is the chairman and managing director of Reliance Industries Limited (RIL). Under his leadership, RIL has become a global giant with interests in energy, petrochemicals, textiles, retail, and telecommunications. As of June 2024, Mukesh Ambani is the richest person in Asia and the 10th richest in the world, with a net worth of $116.1 billion.
Reliance was founded by his late father, Dhirubhai Ambani, in 1966 as a small textile manufacturer. After Dhirubhai's death in 2002, Mukesh and his younger brother Anil divided the family business.
In 2023, Mukesh Ambani's three children joined Reliance's board. His son Akash leads Jio, daughter Isha oversees retail and financial services, and his younger son Anant is involved in the energy sector. While many know about Ambani's wealth and his luxurious home, Antilia, few are aware of his special connection to Yemen. Mukesh Ambani was born in Yemen when his father was working there before returning to India.
What is the connection between Mukesh Ambani and Yemen?
Dhirubhai Ambani, whose full name was Dhirajlal Hirachand Ambani, started his career with humble beginnings and later transformed the Indian industrial landscape. He is renowned for his sharp business acumen and his significant impact on the Indian economy. Dhirubhai founded Reliance Industries and ventured into various businesses, leaving a lasting legacy.
In 1948, Dhirubhai Ambani went to work for A. Besse and Co. in Aden, Yemen, alongside his brother Ramaniklal. The company was a major trading firm in the east of Suez, Egypt, during the 1950s. There, Dhirubhai learned trading and accounting, honing his skills over the years.
Dhirubhai's entrepreneurial spirit was evident early on. He took the initiative to melt silver bullion and sell pure silver at a higher price, demonstrating his innovative approach to business.
In 1955, at the age of 23, Dhirubhai married Kokilaben, who was 21. Kokilaben later spoke of the support she received from her husband during their early years away from family in India.
In 1957, Kokilaben gave birth to Mukesh Ambani in Aden. The following year, Dhirubhai moved his family to Mumbai, India, where they settled in a two-bedroom apartment in Bhuleshwar. They were later blessed with three more children: Anil, Nina, and Dipti Ambani.
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