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Anil Ambani | The Great Billionaire
Anil Ambani is an Indian businessman. On October 7, 2007, he has assets worth US $ 42 billion, according to which he is the 4th richest person in the world. On a percentage basis, he is the fastest-growing multi-billion-dollar rich person in the world because his wealth tripled in 1 year. Anil Ambani was the Chairman and Managing Director of Reliance Capital and Reliance Communications and Reliance Energy and formerly the Deputy Chairman and Managing Director of Reliance Industries Limited. His personal stake in Reliance Industries is 4%.
Anil Dhirubhai Ambani was born on 4 June 1959 in Mumbai, Maharashtra. He is the younger son of India’s great industrialist Dhirubhai Ambani and lives in Mumbai. K.C. of Mumbai University He graduated from college and received an MBA from Wharton University of Pennsylvania.
He later married former Bollywood actress Tina Munim. They also have two sons Anmol and Anshul.
He also has an elder brother Mukesh Ambani and two younger sisters Dipti Salgaocar and Nina Kothari. Anil Ambani is an Indian businessman and investor.
He is the Chairman of Reliance Group in 2005. Anil Ambani was the Chairman and Managing Director of Reliance Capital and Reliance Communications and the Deputy Chairman and Managing Director of Reliance Energy and formerly Reliance Industries Limited. According to the 2014 Forbes list of the world’s billionaires, his wealth was about US $ 5.9 billion.
Anil Ambani is also a prominent producer of Hindi film industry in Bollywood. Anil’s maximum focus is in entertainment, which mainly includes 44 FM radio stations, DTH business at national level, animation studios and multiplexes from Bahot.
They also have two sons Anmol and Anshul. Reliance Group, founded by Anil’s late father Dhirubhai Ambani, is India’s largest trading house. His mother is Kokilaben Ambani.
He is married to Tina Ambani, a famous Indian actress of the early 1960s and with whom he had two sons, Jai Anmol and Jai Anshul.
Investors’ total assets in the four Anil Ambani Group firms – Reliance Communications (RCOM), Reliance Capital (RCL), Reliance Energy (REL) and Reliance Natural Resources Limited (RNRL) have reached Rs 1,223,36 crore.
While the total estimated holding of the promoters is around Rs. 6,000 crores. Most of Anil’s assets are made up of his 45% share in RCOM, which has a market value of Rs 103,000 crore.
They have more than 50 per cent in RCL (market value Rs. 24,000 crore), REL 35 per cent (market value Rs. 12,400 crore) and RNRL about 54 per cent, with a market value of about Rs.2,600 crore.
Ambani holds a Bachelor of Science degree from the University of Mumbai and an MBA from the Wharton School of the University of Pennsylvania. These days he is a member of the Wharton Board of Overseers.
Reliance Communications (RCom), owned by billionaire Anil Ambani, and Aircel on Wednesday announced the merger of their wireless business.
With this merger, the third largest telecom company of the country will emerge on the subscriber base.
This is the biggest deal ever in the Indian telecom sector. After the merger of RCom and Aircel, the two companies will transfer Rs 14,000–14,000 crore of debt to the joint venture.
This will lead to a loan of Rs 28,000 crore on the new company. It does not include the obligation to pay Rs 6,000 crore of spectrum. The deal will help RCom reduce its debt by Rs 20,000 crore.
This is 40 percent of his total debt. According to the statement, “RCom will continue to drive high growth businesses in valuable real estate apart from domestic and global enterprise segments, data centers, optic fiber and related telecommunications infrastructure facilities.” MTS (Sistema) will continue to hold a 10 percent stake in RCom.
The new entity will be one of the largest private sector companies in the country with assets of Rs 65,000 crore ($ 9.7 billion) and its net worth will be Rs 35,000 crore ($ 5.2 billion).
The love story of Anil Ambani, the younger son of Reliance Group founder Dhirubhai Ambani, is no less than a film story. June 4 is Anil Ambani’s birthday. Anil has done love marriage with the famous Bollywood actress of his time. In 1986, Tina Munim had her first meeting with business tycoon Anil Ambani.
His love story went through many turns. According to reports, Anil had seen Tina for the first time in a marriage function. Tina arrived in a black dress, which Anil liked a lot. Karan became the nephew of Tina through this meeting.
Tina was a big Bollywood star at that time. Tina had not heard anything about Reliance by the time of her first meeting with Anil. However, Tina says that Anil liked her a lot in the first meeting.
When Anil told his family about Tina, he was against this relationship. He did not want any actress to be his daughter-in-law. Anil decided to stay away from Tina due to family pressure.
According to reports, when he told this decision to Tina, he did not give any reaction. However, this gave Tina a shock. In the interactions between Tina and Anil, the two often spoke in their own local language, Gujarati. Later, Anil and Tina got married in 1991 after the consent of the family.
The defense sector could be the largest business sector for the Anil Ambani group over the next few years. The chairman of the group, Anil Ambani, said here that the group will provide business opportunities worth Rs 1 lakh crore annually for military forces.
Ambani said that the focus of the group is on becoming a major manufacturer and supplier to meet the requirement of modern weapons platforms and military hardware of the Navy, Air Force and the Army. Along with this, we want to make the company’s penetration globally.
Ambani said that there will be opportunities of Rs 15 lakh crore in this area in the next 15 years. That is, there will be an opportunity of about one lakh crore rupees every year.
This is the first time Ambani has held a meeting of analysts for his defense business. He said that in the coming years, the defense business will be the biggest business of Reliance Group and Reliance Infrastructure.
Anil Ambani’s Reliance Capital and Zee Entertainment’s deal is confirmed. Reliance General Entertainment will buy 100% stake in TV business of Zee Entertainment. Reliance plans to reduce its Rs 1900 crore debt by selling radio, TV business.
Here Reliance Broadcast will sell 49 per cent stake in 92.7 Big FM to Zee Media. The total enterprise value of Reliance’s TV, radio business is Rs 1900 crore.
Anil, the owner of Reliance Group and the younger son of Mukesh Ambani, may not be in as strong a position as his brother, but the house he lives in is worth Rs 5000 crore.
This house also has a place in the list of most expensive houses in India. Indian industrialist Anil Ambani has been included in the International Consulting Board of the Atlantic Council, a global research institute. The company gave this information in a statement.
The board also includes News Corp Chairman Rupert Murdoch, former Spanish Prime Minister Los Maria Ajnar, Airbus CEO Thomas Inders and former Australian Prime Minister Kevin Rudd among others.
Ambani said, most of you will be aware of a film series like ‘Mission Impossible’. Today we have our own economic version of such series for which we are thankful to Prime Minister Narendra Bhai (Modi).
At the Andhra Partnership Summit here, he said that India has its own series of missions. It is Make in India as MI, Skilled and Startup India as SI, Digital India as DI and Clean India as CI.
It is important for a successful businessman to have accurate time estimates. The right decision, taken at the right time, can make a big profit in a jolt. Anil has shown something similar in Ambani through Paytm. Actually Anil Ambani had only 1 percent stake in Paytm.
Which he bought for Rs 10 crore. Reliance Capital sold these stake of Paytm to Alibaba Group of China for Rs 275 crore. After this deal by Anil Ambani, Paytm’s valuation is 4 Aral dollars. According to information received from sources, Anil Ambani still holds the stake of Paytm which he got without investment.
Anil Ambani’s Reliance Group is preparing to enter the defense sector. His company is trying to get defense projects to build helicopters, missile systems and submarines. According to the company’s senior officials, Reliance has participated in a bid of Rs 84,000 crore.
However, the company has not yet received a single project. According to a Reuters report, the Modi government is placing a lot of emphasis on defense under the ‘Make in India’ program.
This is why Anil Dhirubhai is focusing on the Ambani Group’s defense sector. Malaysia’s Maxis Communications Berhad (MCB), the largest stakeholder in Reliance Communications (RCom) and Aircel, on Wednesday announced the signing of documents for the merger of its Indian wireless business.
• With this merger, this company will now become the fourth largest telecom company in the country, with assets of more than Rs 65,000 crore. This is by far the largest integration in the telecom sector of the country.
• Currently RCom is the fourth largest in the country with 11 million subscribers and Aircel is the fifth largest company with 8.4 million subscribers. RCom has a market share of 9.8 percent and Acresal has 8.5 percent. Earlier, Sistema was merged with RCom, which had 0.7 percent stake.
• The ADAG group, led by Anil Ambani, will have a half-share in this common unit of RCom and Malaysia’s Maxis Communications Berhad. Both companies will have equal participation in the board of directors and committees.
• Since the acquisition of Aircel in 2006, MCB has invested 35,000 crore rupees ($ 5.2 billion) in Aircel. It is one of the major investments made in India not only in the telecom sector but also in all sectors.
• Reliance ADAG Group Chairman Anil Ambani said that together with MCB we have taken the lead in integration in the Indian telecom sector. We are happy with this. Previously, RCom’s acquisition of the wireless business of SSTL (Sistema MTS) and now the merger of Aircel led to our 50:50 ratio joint venture with MCB.
Businessman of the Year 1997 by Business India Magazine
Awarded First Wharton Indian Alumni Award by Wharton India Economic Forum in December 2001
In October 2002, Interpuner of the Decade Award by Bombay Management Association
In 2003, he was selected as MTV Youth Icon of the Year.
In 2004, he was declared “CEO of the Year” at the Platts Global Energy Awards.
In 2006, “Businessman of the Year” by Times of India-TNS survey
Voted as “Third most powerful person in India” in India Today Power List, 2009
Anil Dhirubhai Ambani was born on 4 June 1959 and is an Indian businessman and chairman of Reliance Group and Anil Dhirubhai Ambani Group. Anil Ambani is currently the seventh richest person in India and a member of the Board of Overseers at the Wharton School, University of Pennsylvania, as well as the Board of Governors of the Indian Institute of Technology Kanpur, Board of Governors of the Indian Institute of Management, Ahmedabad and DA-IICT, Gandhinagar Is also the president of Anil Ambani was also nominated as an independent member of the Rajya Sabha in June 2004.
USD 523 million (2019)
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