1. Mukesh Ambani
ON FORBES LISTS #13 Billionaires 2019
REAL-TIME NET WORTH: $51.4B
Fast Facts:
- Mukesh Ambani chairs and runs $90 billion (revenue) oil and gas giant Reliance Industries, among India’s most valuable companies.
- Reliance was founded by his late father Dhirubhai Ambani, a yarn trader, in 1966 as a small textile manufacturer.
- After his father’s death in 2002, Ambani and his younger sibling, Anil divvied up the family empire.
- In 2016, Reliance sparked a price war in India’s hyper-competitive telecom market with the launch of 4G phone service Jio.
- Jio has signed on more than 300 million customers by offering free domestic voice calls, dirt-cheap data services, and virtually free smartphones.
| STATS: | |||
| AGE: | : | 62 | |
| SOURCE OF WEALTH: | : | petrochemicals, oil & gas | |
| RESIDENCE: | : | Mumbai, India | |
| CITIZENSHIP: | : | India | |
| MARITAL STATUS: | : | Married | |
| CHILDREN: | : | 3 | |
| EDUCATION: | : | Bachelor of Science in Engineering, University of Bombay; Drop Out, Stanford University |
Anything and everything that can go digital is going digital. India cannot afford to be left behind. – Mukesh Ambani
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