A Forbes view on Mukesh Ambani



Mukesh Ambani,
Age: 51
Marital Status: Married, 3 children
Hometown: Mumbai
Net Worth: $19.5 billion

- Chairman & Managing Director of Reliance Industries Ltd
- Conferred ‘ET Business Leader of the Year’ Award by The Economic Times (India) in the year 2006
- Bestowed the US-India Business Council (USIBC) ‘Global Vision’ 2007 Award for Leadership in 2007
Makes debut as India's richest, despite the fact that net worth fell in the past year as stock price of petrochemicals flagship Reliance Industries tanked. He is now ranked 7th in Forbes' Billionaires List.
Unfazed, Mukesh upped Reliance stake, paying $3.4 billion to convert 120 million preferential warrants into shares, at a premium to stock price.

1 comments:

Total Quality on April 27, 2009 at 11:52 AM said...

This is an example to follow!

 

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