Mukesh Ambani has held the title of the richest man in India for 13 years straight. He has been included on Forbes list of the world’s most powerful people and he runs the foremost valuable company in India. Today we’re talking about Mukesh Ambani. Mukesh Ambani was born on April 19, 1957. His father was an entrepreneur who started several businesses eventually creating a corporation called Reliance. When Mukesh was older he joined his father in his business that mainly addressed textiles, polyester fibers, and petrochemicals. Mukesh expanded the company into the field of communications technology and he has also led the creation of the world’s largest grassroots petroleum refinery. When his father died in 2002 he took over the majority of the business and became the chairman, managing director and largest shareholder of Reliance Industries Limited in 2016. He launched his own smartphone brand called LYF and that has quickly become the third-largest selling mobile phone brand Reliance continued to become more and more profitable until it became the most valuable business in India in 2017. Mukesh has been married to his wife Mita since 1985 and they have three grown children named Akash and Isha. His net worth as of 2020 is 70 billion USD.
Now that you’ve learned more about Mukesh Ambani do you think it’s wrong for him to live so extravagantly when there’s so much poverty in this country?
- He owns an armored BMW 760li. Being the richest man in India Mukesh feels the necessity to secure himself the maximum amount possible as he values security. So much that he’s willing to part with 1.4 million dollars for a customized armored BMW 760li specially designed in Germany. The car is bulletproof and may protect against explosions. The armored base coat alone costs $300,000. A large part of the high cost comes from these 300% import duty that India requires for armored cars. He had the most expensive car registration at the time in India at a price of $250,000. He was also number 57 on the global waitlist for the armored Mercedes-Benz Scar which he purchased in 2015.
- Mukesh’s parents set him up with his future wife Nita. Nita could not have imagined that one dance would change her life so much. Nita has a passion for dance and was dancing in a cultural show when she captured the attention of Mukesh’s parents. They were so convinced she would be a good match for their son that they needed her phone number. When Mukesh’s father called her Nita thought it was a prank and hung upon him. His father kept calling back until Nita finally realized he was who he said he was. It was then the courtship between Mukesh and Neeta began.
- He is a vegetarian. Mukesh is a strict vegetarian at times. This was conflicted with the business for example in 2013 reliance had plans to launch a fast-food chain called ‘chicken came first’ that was similar to Kentucky Fried Chicken but the vegetarian stockholders protested instead he ended up banning all non-vegetarian products from his reliance chain which affected about 100 stores.
- He proposed to his wife in his car. Mukesh and Nita were taking a drive in Mumbai as they usually did when Mukesh suddenly stopped the car in the middle of the road as cars were backing up behind them he turned to Neeta and asked her to marry him she stared back at him in stunned silence so he said tell me now or I won’t start the car she said yes and she or he later joked that she only agreed to avoid a holdup.
- He owns the most expensive home in the world. Mukesh built a twenty-seven story residential skyscraper he named Antilla with a building cost of 1 billion dollars. It’s the costliest range on the planet as long as you do not count Buckingham Palace. It has a multi-story garage that can hold up to 168 cars and it has three helipads on the roof. The lobby has nine elevators and therefore the home includes a spa terraced garden, a temple, a two-story recreation center, a ballroom private gym for every loved one and a 50-seat movie theater staff of over 600 keeps a home running and it was the first house in the world to exceed the net worth of 1 billion dollars.
- His favorite resort area is in South Africa. When Ambani takes an opportunity from his busy work life he likes to spend time together with his family at Kruger Park in South Africa. He loves animals and this park is one of Africa’s largest game reserves that hold hundreds of species including the so-called Big Five Lions, Leopards, Rhinos, Elephants, and Buffalo.
- He dropped out of Stanford. After receiving his B.E. degree in chemical engineering from the Institute of chemical technology in Mumbai. Mukesh came to the USA and enrolled in an MBA program at Stanford however he decided to drop out of Stanford to assist his dad build up his company Reliance.
- The Indian Navy and therefore the Environment Ministry objected to his home. Mukesh’s house caused a lot of controversies when it was built. Some of the objections were in regard to the great show of wealth in such an impoverished nation. Other official objections came from the Indian Navy who stated they might not permit the development of helipads on Mumbai buildings the Environment Ministry also objected to the helipad saying they might violate local noise laws there have also been concerns that the 168 car garage constitutes an illegal parking lot.
- His company contributes almost 5% of the entire tax income of India. Reliance Industries has been an incredibly successful conglomerate that recently has become the most valued firm in terms of market value as of 2017. The company has assets totaling 150 billion in USD the company is vital to the economy of India especially since they contribute nearly 5 percent of the total tax revenue to the government.
- He wasn’t born in India although most of the people assume he was born there. Mukesh was actually born in Yemen. His father moved the family to Bombay the year after Mukesh was born so that he could work on starting his own spice business.
- He wants to be a teacher. At a 2017 interactive session at the India Today Conclave in Mumbai, Mukesh admitted that he had planned to perhaps become a professor before his father brought him into the family business. Now at the age of 60, he’s revisiting that ambition he said that both he and his wife are going to be involved in education within the coming years and he hopes to become a teacher in some capacity.
- His father’s legacy is what drives him. Ambani started the reliance company in 1966 as a little textile manufacturer and built it up alongside his sons. When he gave up the ghost in 2002 he split his empire between his sons who went on to realize individual success. Mukesh says his company remains his father’s whose spirit is timeless. He said his father gave him a mandate and it had been very satisfying to satisfy it and preserve his father’s legacy.
- He was the primary person in India to shop for a Maybach 62. The Maybach 62 has a top speed of 155 miles per hour and goes from zero to 100 in 5.4 seconds. Ambani was the primary person in India to shop for a Maybach 62 when he purchased the car as a present for his wife’s 50th birthday for around five hundred thousand dollars.
- He owned a highly customized vanity van. The stairway entry of the van leads into a 30 sq ft usable area including two luxury bedrooms, an outsized meeting room, and a little meeting room, a kitchen, and a Sky Lounge on the roof. It’s also perfect for decent Mumbai days because the power air-conditioning system cools the whole space in only 22 seconds the van is bulletproof and fly proof at about five million dollars. It is now the most expensive vehicle in his collection.
- He gave his wife a sixty-two million dollar jet for her birthday. What does the richest man in India get for his wife for her 44th birthday? A sixty-two million dollar jet custom fitted with an office music system, satellite TV, the main bedroom, a toilet with multiple showers, and a bar with mood lighting.