Mukesh Ambani Net Worth, Earning and Salary 2017
According to the Forbes Magazine report on May 27, 2015, Mukesh Ambani net worth was estimated to be $19.7 billion. He was ranked 39th among the richest persons in the world. He is aged 58, and his primary source of wealth is petrochemicals, oil & gas.
How much does Mukesh Ambani Net Worth 2017 – 20 Billion Dollar
Mukesh Ambani Biography
He is an Indian citizen and hails from Mumbai. The businessman is a drop out from Stanford University, where he was pursuing a M.S in Business Administration. However, he later graduated with Bachelor of Science in Engineering from the University of Bombay. He is married to Nita and has three children. He is the current chairman of Reliance Industries. Reliance manages media outfit network18 that publishes Forbes India and owns TV channels CNN-IBN and CNBC TV18. In October 2014, Narendra Modi, the Indian Prime Minister Inaugurated Reliance Foundation’s new hospital in Mumbai.
In last year, his United States educated twins Isha and Akash joined the boards of retail and telecom units. Also, his wife Nita was appointed on the board of Reliance in June last year. As a consequence, Ambani’s succession plan is seen to be underway. Mukesh Ambani net worth is expected to grow even after his retirement. The company also recently integrated with the State Bank of India, the nation’s hugest bank, to apply for a license to establish a small payments bank. Reliance Jio, the telecom arm is preparing for additional spectrum in an upcoming government auction. It is also dedicated with rolling up its 4G in the near foreseeable future. In December 2014, Reliance, which owns and controls the prized KG-D6 offshore oil field teamed up with Mexico’s PEMEX (Petroleos Mexicanos), to carry out exploration. Recently, as lower prices affected the refining margins, Reliance Industries recently registered its initial decrease in net profit in nine quarters.
However, even as his company suffered a $75 billion revenues drop, Ambani is still the richest person in India. He has also added $2.4 billion to his wealth. Mukesh Ambani net worth is expected to grow in the coming years. The businessman believes that the senior individual needs to give ambitious and bright young adults the opportunity to contribute meaningfully. Amabani’s success mantra is grounded in always investing in the talents and businesses of the future. His objective in life is that it is fundamental to grow, and it should be a way of life to grow perpetually. Ambani is one of the Advisory Council of the Stanford University members. He is also a member of the Advisory Council of the Indian Institute of Technology, Mumbai. Ambani is also the Chairman, Board of Governors of the Indian Institute of Management, Mumbai. He is also a member of the Indo-US CEOs Forum. The businessman is also a member of the Board of Governors of the National Council of Applied Economic Research, New Delhi.
The businessman is a constituent of the Council on Trade and Industry, in the office of the Prime Minister. In May 2004, the Asia Society, Washington D.C., US conferred the Asia Society Leadership Award to Ambani. In October, 2004, the Total Telecom conferred the business guru with the World Communication Award for the Most Influential Person in Telecommunications.
In conclusion, Mukesh Ambani net worth is expected to grow in the next years. He is till a respected businessman in the Asian region and the world as a whole. He wants to expand the empire controlled by the Reliance Industries prior to his retirement.
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