Hi friends, in
this blog we going to discuss about both Mukesh
and Anil Ambani.
Mukesh,
like his father, is a gifted businessman. He was entrusted with the control of
Reliance Industries Limited. Following in his father’s footsteps, Mukesh
focussed more on quality rather than profit. Just like this strategy had worked
for Dhirubhai, it brought immense success to Mukesh. He has expanded the
purview of Reliance Industries to previously unimaginable heights. One of his
most successful endeavours in recent times is Reliance Jio. His net worth,
which was about $49 billion in 2007, has now grown to $60.8 billion, making him
the richest man in India, and the 17th richest person in the world.
Anil, sadly, had missed
out on the businessman gene that his father and his elder brother shared. Among
his inheritance were the companies Reliance Power, Reliance Infrastructure and
Reliance Communications. However, he was not able to manage these companies
well. Some of the companies have even had to declare bankruptcy. His net worth,
which was $45 billion in 2007, even dropped to zero valuation at one point.
This is the story of
the Ambanis.
It, too, is no less
illustrious than the Tatas, is it?
Even though Reliance Industries is much younger than the Tata Group, in a short span, it has grown to immense proportions.