Mukesh Dhirubhai Ambani (Gujarati: મુકેશ ધીરૂભાઈ અંબાણી; born on 19 April 1957), is a Yemeni-born Indian business magnate who is the chairman and CEO of the Indian conglomerate Reliance Industries Limited (RIL), the foremost company of the Indian energy and materials conglomerate Reliance Group. The company was ranked #99th 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.
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.
He is a member of the board of directors of Bank of America Corporation and a present member of the international advisory board of the Council on Foreign Relations.
In 2012, Forbes named Mukesh Ambani the richest sports owner  in the world. According to the list of richest sports owners, he is richer than owners of Chelsea and AC Milan. Ambani's company Reliance Industries owns the Indian Premier League domestic cricket club Mumbai Indians.
Mukesh Ambani was born on 12th April, 1957 to Dhirubhai Ambani and Kokilaben Ambani in a gujarati family. He has a brother, Anil, and two sisters – Dipti Salgaoncar & Nina Kothari.
The Ambani family lived in a two bedroom apartment in Bhuleshwar, Mumbai until the 1970s. Dhirubhai Ambani then purchased a 14-floor apartment block called 'Sea Wind' in Colaba, where, until recently, Mukesh and Anil each lived with their families on different floors.
Mukesh Ambani attended the Hill Grange High School on Peddar Road, Mumbai, along with his brother Anil Ambani and where Anand Jain, his close associate, was his classmate. He completed his graduation with a bachelor`s degree in chemical engineering from the UDCT, now Institute of Chemical Technology, Mumbai. He stood sixth in the University exams. Mukesh later enrolled for an MBA from Stanford University but completed only one year of the two year program and dropped out in the year 1980. Indira Gandhi administration threw open the doors of PFY (polyester filament yarn) manufacturing to the private sector in early 1980. Dhirubhai Ambani had applied for a license to set up PFY manufacturing plant. In spite of stiff competition from Tatas, Birlas and 43 others, Dhirubhai was awarded the licence. To help him build the PFY plant, Dhirubhai pulled his eldest son Mukesh out of Stanford where he was studying for his MBA. Mukesh Ambani, then dropped out to help his father and initiated Reliance`s backward integration from textiles into polyester fibres and further into petrochemicals, beginning in 1981.
In 2010, Mukesh Ambani was given a 'Degree of Doctor of Science Honoris Causa' by M.S University, Baroda, Gujarat
He later joined Reliance Industries in 1981. He initiated Reliance's backward integration journey from textiles into polyester fibres and further into petrochemicals, petroleum refining and going up-stream into oil and gas exploration and production.
Ambani set up one Reliance Infocomm Limited (now Reliance Communications Limited), which was focused on information and communications technology initiatives.
Ambani directed and led the creation of the world’s largest grassroots petroleum refinery at Jamnagar, India, which had the capacity to produce 660,000 barrels per day (33 million tonnes per year) in 2010, integrated with petrochemicals, power generation, port and related infrastructure.
- Chairman, Managing Director, Chairman of Finance Committee and Member of Employees Stock Compensation Committee, Reliance Industries Limited
- Former Chairman, Indian Petrochemicals Corporation Limited
- Former Vice Chairman, Reliance Petroleum
- Chairman of the Board, Reliance Petroleum
- Chairman and Chairman of Audit Committee, Reliance Retail Limited.
- Chairman, Reliance Exploration and Production DMCC
- Director, Member of Credit Committee and Member of Compensation & Benefits Committee, Bank of America Corporation
PresidentPandit Deendayal Petroleum University, Gandhinagar, Gujarat
Awards and honors
| Year of Award or Honor || Name of Award or Honor || Awarding Organization |
| 2010 || Global Vision Award at The Awards Dinner|| Asia Society |
| 2010 || Business Leader of the Year|| NDTV India |
| 2010 || Businessman of the Year|| Financial Chronicle |
| 2010 || School of Engineering and Applied Science Dean's Medal||University of Pennsylvania. |
|2010 ||Global Leadership Award||Business Council for International Understanding|
He is married to Nita Ambani and has three children. They live in a private 27-story building in Mumbai named Antilia. The value of the home is US$1 billion and it is claimed to be the most expensive home in history. Even as RIL's total outgo towards remuneration to its all top management personnel, as also the sitting fees and commissions for its non-executive directors, increased during the fiscal year ended March 31, 2012,Mukesh Ambani decided to forgo nearly Rs 24 crore from his annual pay last fiscal as chief of Reliance Industries Ltd (RIL), keeping his salary capped at Rs 15 crore for the fourth year in a row. Billionaire Mukesh Ambani earns an annual salary of 150 million rupee (Rs 15 crore), which has remained unchanged since the fiscal year 2008–09.
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- ^ Jain's association with the Ambanis dates back to the time when he went to Hill Grange School with Mukesh and Anil http://m.intoday.in/story/anand-jain-a-bone-of-contention-between-the-ambani-brothers/1/194368.html
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- ^ "Mukesh Ambani :: Reliance Group :: Reliance Petroleum Limited :: Reliance Industries". RIL. http://www.reliancepetroleum.com/html/mda.html. Retrieved 18 February 2010.
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- ^ Mulgund, Shreyas. "Asia Society Awards Dinner Honors Mukesh Ambani, Jeffrey Immelt, and NY Philharmonic". Press Release on Asia Society. Asia Society. http://asiasociety.org/media/press-releases/asia-society-awards-dinner-honors-mukesh-ambani-jeffrey-immelt-and-ny-philharmo. Retrieved 21 September 2011.
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- ^ "BCIU Gala". http://bciu.org/wip05/public/gala.asp.
- ^ Mulgund, Shreyas. "The 100 Best-Performing CEOs in the World". Harvard Business Review. Harvard Business Publishing. http://hbr.org/web/extras/100ceos/5-ambani. Retrieved 21 September 2011.
- ^ "Nita Sikbani". Da-is.org. http://www.da-is.org/html/nita_ambani.html. Retrieved 9 February 2010.
- ^ Kwek, Glenda (15 October 2010). "India's richest man builds first $1-billion home, Antilia,". The Age (Melbourne). http://www.theage.com.au/executive-style/luxury/indias-richest-man-builds-worlds-first-billiondollar-home-20101015-16mrg.html. Retrieved 28 October 2010.
- ^ Mark Magnier (24 October 2010). "Mumbai billionaire's home boasts 27 floors, ocean and slum views". The Los Angeles Times. http://articles.latimes.com/2010/oct/24/world/la-fg-india-rich-20101025.
- ^ "Mukesh Ambani forgoes Rs 23.82 crore from his pay package - The Times of India". The Times Of India. http://timesofindia.indiatimes.com/business/india-business/Mukesh-Ambani-forgoes-Rs-23-82-crore-from-his-pay-package/articleshow/13064719.cms.
- ^ "Mukesh Ambani forgoes Rs 23.82 crore from his pay package". The Times Of India. http://timesofindia.indiatimes.com/business/india-business/Mukesh-Ambani-forgoes-Rs-23-82-crore-from-his-pay-package/articleshow/13064719.cms. Retrieved 9 May 2012.