Born on June 4, 1959, Anil Ambani holds Bachelors in Science from the University of Bombay and Masters in Business Administration from the Wharton School at the University of Pennsylvania. Anil has an unbelievable grasp of facts and numbers; he is a financial genius; and he understands capital markets well. Anil’s competitors always charge him with being too close to regulators, with his businesses benefiting from regulatory loopholes. He has strong political ties which helped him build his mobile network.
Anil Ambani is one of the foremost entrepreneurs of Independent India. He joined Reliance in 1983 as Co-Chief Executive Officer and was the financial backbone of the Reliance Industries Limited. He pioneered India Inc’s forays into overseas capital markets with international public offerings of global depository receipts, convertibles and bonds. Starting 1991, he led Reliance Industries Limited in its efforts to raise, around US$2 billion from overseas financial markets. In January 1997, Anil managed the launch of the 100-year Yankee bond. He steered the Reliance Group to its current status as India’s leading textiles, petroleum, petrochemicals, power, and Telecom Company. June 2005 Anil resigned from the post of Vice Chairman and Managing Director in Reliance Industries Limited and founded Anil Dhirubhai Ambani Group. He is the Chairman of all listed Group companies, which include:
Reliance Capital
Reliance Mutual Fund
Reliance Life Insurance
Reliance General Insurance
Reliance Money
Reliance Consumer Finance
Reliance Communications
Reliance Energy
Reliance Power
Reliance Health
Reliance Entertainment and Adlabs
Tech Reliance
The combined entity as of October 6th 2007 has a net-worth of US$45 billion, which makes 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.
Family and Friends:
Anil is the youngest son of late father Dhirubhai Ambani (1938-2002) and Kokilaben Ambani. He is married to Tina (Munim) Ambani a well known Indian Actress of 80’s. He has two sons, Jai Anmol and Jai Anshul. He is friends with the family of Amitabh Bachchan, the Bollywood superstar and Amar Singh, politician.
Anil with his family lives in south Mumbai in one part of an apartment block he shares with brother Mukesh. Anil arrives at work by helicopter at his business park by 9.30am and in general works for 12 hours.
Achievement:
Anil is 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 but resigned voluntarily on March 25, 2006. A few awards and key achievements of the to the visionary Anil Ambani:
Founder and Chairman of Anil Dhirubhai Ambani Group;
Chosen as the ‘CEO of the Year 2004′ in the Platts Global Energy Awards;
MTV Youth Icon of the Year’ in September 2003
‘The Entrepreneur of the Decade Award’ by the Bombay Management Association;
Businessman of the Year Award’ by leading Business Magazine, Business India in 1997; and
Elected an independent member Rajya Sabha MP in June 2004
Telecom person of the year 2007
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