- published: 22 Jun 2014
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Mukesh Dhirubhai Ambani (Gujarati: મુકેશ ધીરુભાઈ અંબાની) (born on 19 April 1957) is an Indian business magnate who is the chairman and managing director of the Indian conglomerate Reliance Industries Limited (RIL), the foremost company of the Indian energy and materials conglomerate Reliance Group. The company was ranked #134th in Fortune Global 500 and is India's most valuable company by market value and second-largest Indian company by turnover. Ambani remains the largest individual shareholder, with 44.7 percent stake in RIL. The company is the operator of the world’s biggest oil refining complex and owner of India’s biggest natural gas field. Mukesh's younger brother is Anil Ambani, who heads Reliance Group. The Ambani family is the richest family in India and one of the richest in the world, their wealth inherited from Dhirubhai Ambani, founder of 2nd largest Indian conglomerate Reliance Group (after Tata Group).
In 2010, he was named among the most powerful people in the world by Forbes in its list of "68 people who matter most" As of 2012, he is the second richest man in Asia and the 19th richest person in the world with a personal wealth of US$22.3 billion. In 2007, a strong rally in the Indian stock market and the appreciation of the Indian rupee boosted the market capitalisation of Reliance group companies, briefly making him the world’s richest man.