Slideshow tribute to Mukesh Ambani

Slideshow tribute to Mukesh Ambani

Mukesh Dhirubhai Ambani (born 19 April 1957) is an Indian billionaire businessman. He is currently the chairman and managing director of Reliance Industries, India's most valuable company by market value.[4] With an estimated net worth of $87.2 billion as of May 2023, he is the richest person in Asia and 13th richest in the world.[5][6] Sometimes characterized as a plutocrat;[7] he has attracted both fame and notoriety for reports of market manipulation, political corruption, cronyism, and exploitation.[8][9][10][11][12] Time magazine listed him as one of the 100 most influential people of 2019, under the "Titans" section.[13]

As of 2016, Ambani was ranked as the 36th richest person in the world, and has consistently held the title of India's richest person on Forbes magazine's list for the past ten years.[25] He is the only Indian businessman on Forbes' list of the world's most powerful people.[26] As of October 2020, Mukesh Ambani was ranked by Forbes as the 6th-wealthiest person in the world.[27] He surpassed Jack Ma, executive chairman of Alibaba Group, to become Asia's richest person with a net worth of $44.3 billion in July 2018. He is also the wealthiest person in the world outside North America and Europe.[28] As of 2015, Ambani ranked fifth among India's philanthropists, according to China's Hurun Research Institute.[29] He was appointed as a Director of Bank of America and became the first non-American to be on its board.[30]

Through Reliance, he also owns the Indian Premier League franchise Mumbai Indians and is the founder of the Indian Super League, a football league in India.[31] In 2012, Forbes named him one of the richest sports owners in the world.[32] He resides at the Antilia, one of the world's most expensive private residences with its value reaching $1 billion.

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