According to the "CNN"

Feb 23, 2021

Sunday, Mar 07, 2021 - 01:59:04

Mukesh Ambani Fast Facts

Mukesh Ambani Fast Facts

This news has been received from: CNN

All trademarks, copyrights, videos, photos and logos are owned by respective news sources. News stories, videos and live streams are from trusted sources.

(CNN)Here is a look at the life of Indian billionaire Mukesh Ambani, chairman and managing director of Reliance Industries Limited (RIL).

PersonalBirth date: April 19, 1957
    Birth place: Aden, YemenBirth name: Mukesh Dhirubhai AmbaniRead MoreFather: Dhirubhai Ambani, founder of RelianceMother: Kokilaben AmbaniMarriage: Nita Ambani (1985-present)Children: Akash and Isha (twins); AnantEducation: Institute of Chemical Technology at the University of Bombay (now Mumbai), bachelor's in chemical engineering, 1979; Attended Stanford University, 1979-1980Lifestyle and Wealth Photos: Beyoncé, Hillary Clinton among the guests at Ambani-Piramal wedding celebrations Photos: Beyoncé, Hillary Clinton among the guests at Ambani-Piramal wedding celebrationsIsha Ambani serving food to guests during an 'Anna Seva' ritual that coincides with pre-wedding functions ahead of her marriage with Anand Piramal.
    Hide Caption 1 of 4 Photos: Beyoncé, Hillary Clinton among the guests at Ambani-Piramal wedding celebrationsHillary Clinton (center) was among the guests in attendance. Celebrations kicked off over the weekend at Udaipur's City Palace, a grand 16th-century complex overlooking Lake Pichola.Hide Caption 2 of 4 Photos: Beyoncé, Hillary Clinton among the guests at Ambani-Piramal wedding celebrationsNita Ambani, Hillary Clinton and Mukesh Ambani. The bride's father Mukesh Ambani, chair of the multinational conglomerate Reliance Industries, is worth more than $47 billion, according to Forbes.Hide Caption 3 of 4 Photos: Beyoncé, Hillary Clinton among the guests at Ambani-Piramal wedding celebrationsMukesh Ambani and his wife Nita at the pre-wedding celebrations.Hide Caption 4 of 4Ambani is a strict vegetarian, teetotaler and an avid fan of Bollywood movies.At daughter Isha Ambani's 2018 wedding to businessman Anand Piramal, celebrity guests were treated to an intimate private concert by Beyoncé.The Ambanis' 27-story 400,000 square foot tower home in Mumbai is known as Antilia. It reportedly cost $1 billion to build and boasts a spa, three helipads and a 50-seat theater.RIL is a Fortune Global 500 company and "the largest private sector corporation in India."Under Ambani's leadership, Reliance Industries has grown from a textile and oil and energy company into a sprawling conglomerate that includes retail shops, a mobile and broadband carrier, digital platforms, groceries, electronics and more.Career, Companies and Family1957 - After Dhirubhai Ambani returns from Yemen, he starts a small yarn trading firm in Mumbai that he subsequently turns into a thriving textile business.1977 - The initial public offering of Reliance Textile Industries takes place.1980 - Withdraws from his MBA program at Stanford University to help build a polyester yarn plant for Reliance in India.1985 - The company's name is changed from Reliance Textile Industries Ltd. to Reliance Industries Ltd.July 6, 2002 - Dhirubhai Ambani passes away at the age of 69. He does not leave a will, sparking a bitter feud between Mukesh Ambani and his younger brother, Anil Ambani, for control of the vast Reliance business empire.July 31, 2002 - At a board meeting, Mukesh is announced as chairman of the Reliance Group of Industries, and Anil is named vice-chairman and managing director.November 2004 - A feud between the brothers is made public when the elder Ambani admits there are "ownership issues" at Reliance during an interview with CNBC TV18.June 18, 2005 - Kokilaben Ambani announces that she has brokered a settlement between her sons to split the $23 billion Reliance Group. Mukesh will control the company's main oil and petrochemicals assets and textiles along with Reliance Industries, while Anil assumes control of the newer ventures, including telecom and digital businesses. Though separate, both companies will retain the Reliance name.2008 - Through Reliance Industries, Ambani and his wife, Nita, purchase the cricket team Mumbai Indians in the Indian Premier League for a reported $111 million.2010 - The non-profit Reliance Foundation is established, "to provide impetus to various philanthropic initiatives of RIL."May 7, 2010 - India's Supreme Court rules in favor of Mukesh Ambani's RIL over Anil Ambani's company, deciding that the natural gas supply price they agreed to in 2005 will have to be renegotiated within six weeks.September 5, 2016 - Ambani launches a mobile network called Reliance Jio that offers customers six months of free high-speed internet. The move triggers a brutal price war, forcing some companies to eventually quit the mobile market altogether.March 2019 - Ambani helps pay off a 5.5 billion rupees ($80 million) debt to Swedish mobile firm Ericsson that India's top court had ordered Anil Ambani and his company, Reliance Communications, pay or face three months in jail.March-November 2020 - Ambani raises more than $27 billion in investments for Jio Platforms, including $5.7 billion from Facebook and $4.5 billion from Google. Since its inception in 2016, Jio has amassed around 400 million users and launched a streaming service, a video conferencing app, a fiber broadband network and digital payments.
      April 30, 2020 - Ambani announces that he won't be taking home a salary until the impact of the coronavirus pandemic eases. October 2020 - Ambani is ranked No. 1 on Forbes' annual list of India's 100 Richest People, with an estimated net worth of $88.7 billion.

      News Source: CNN

      Tags: the company’s the company’s stanford university control reliance group feud between hide caption billion the reliance and digital reliance pre wedding

      ‘I want to hurt him the same way he hurt me’: My husband sprung a prenup on me days before our wedding. He kept all copies

      Next News:

      Nicolas Cage Marries Riko Shibata in an Intimate Ceremony at Las Vegas

      American actor Nicolas Cage has tied the knot for the fifth time. The Ghost Rider actor married his girlfriend Riko Shibata in an intimate ceremony in Las Vegas. As per People magazine, the much-in-couple got hitched on February 16 this year in Sin City’s Wynn hotel on a date chosen to honour his late father’s birthday. While the groom wore a Tom Ford tux, his bride wore a handmade Japanese bridal kimono from Kyoto. Cage speaking about the marriage, told the outlet, “It’s true, and we are very happy.” Face/Off: Remake of John Travolta, Nicolas Cage Film in Works at Paramount; Godzilla vs Kong Director Adam Wingard to Helm the Project.

      The wedding was a “very small and intimate wedding at the Wynn Hotel in Las Vegas,” according to a rep for Cage. Shibata walked down the aisle to ‘Winter Song’ by Kiroro, her favourite track. Cage and Shibata exchanged traditional Catholic and Shinto vows with poetry from Walt Whitman and Haiku also included in the ceremony. After the wedding, the happy couple attended a small celebration with Cage’s ex-wife, Alice Kim, with whom he remains very good friends, and their 15-year-old son Kal-El. Blake Shelton Reveals He Wants to Lose Weight Before Marrying Gwen Stefani.

      The couple met in Shiga, Japan, more than a year ago. Shibata’s name on the marriage certificate posted on the Clark County Clerk’s Office was listed as Riko Cage. Prior to their wedding, the newlyweds were photographed for the first time together in February 2020 while making a visit to Cage’s nine-foot pyramid-shaped tomb at a New Orleans cemetery. Cage bought back his tomb in 2010 for his future burial.

      A week after the visit, the couple were photographed holding hands while visiting the American Museum of Natural History in New York City.

      Cage and Riko also enjoyed dinner and a movie while in the city, visiting the legendary hangout spot the Rainbow Room before heading to the Marriott Marquis. This is Cage’s fifth marriage following his public split from Erika Kookie after a four-day marriage in March 2019, which took place in Las Vegas. He was granted a divorce two months later.

      The actor was previously married to Patricia Arquette from 1995 to 2001, to Lisa Marie Presley from 2002 to 2004, and to Kim from 2004 to 2016. In addition to Kal-El, Cage has a son, Weston from his relationship with actor Christina Fulton. Meanwhile, on the work front, Cage recently appeared in action horror comedy ‘Willy’s Wonderland’, from first-time feature screenwriter G.O. Parsons. In the movie, Cage appears as The Janitor and has no dialogue. He is set to play Tiger King subject Joe Exotic in an eight-episode scripted series from CBS Television Studios and Imagine Television.

      } });

      Other News

      • Disneyland, Other California Theme Parks May Reopen at Limited Capacity in April
      • Sussexes hardly knew Oprah when they invited the US chat show host to their intimate wedding reception at Frogmore House
      • Meghan STILL has the tainted diamond earrings from the Saudi Crown Prince in her collection
      • these are all the winners
      • Meghan Markle and Prince Harry rejected 12 versions of Stand By Me suggested by gospel choir for their wedding
      • 5 Insane Facts About Claressa Shields You Need to Know
      • The list of winners of the Goya Awards 2021
      • When are Boris Johnson and Carrie Symonds getting married?
      • Meghan Markle and Prince Harry ‘insisted’ their wedding had the same ‘inflation-adjusted budget’ as Kate and William
      • Prince Harry nicknamed the hostage ahead of royal wedding
      • Palace staff called Prince Harry the hostage before wedding to Meghan Markle
      • Meghan Markle's best friend Jessica Mulroney says the duchess has dealt with 'the pressure, the politics and the press' like nobody else
      • What Do Sen. Carper and a Museum Have in Common? A Wedding
      • Summer House Star Reveals Costar Didn’t Congratulate Her On Engagement
      • Disney World guests with COVID rage spit and yell at resort staff trying enforce safety guidelines, report says
      • The nickname that the palace staff gave Prince Harry before his wedding to Meghan Markle
      • Staff nicknamed Prince Harry ‘the Hostage’ ahead of wedding and Meghan Markle ‘wanted drama from start’, insiders claim
      • Miss Manners: I think I deserved more attention at the wedding
      • Indoor Restaurant Dining Resumes, Movie Theaters Reopen in SF and Santa Clara Counties