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Anil Ambani

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Anil Ambani
Mr Anil Ambani during Reliance Group AGM at Mumbai, 2012
Born (1959-06-04) 4 June 1959 (age 65)
Mumbai, Maharashtra, India
NationalityIndian
Alma materUniversity of Mumbai
Wharton School of the University of Pennsylvania
OccupationChairman of Anil Dhirubhai Ambani Group
SpouseTina Ambani
ChildrenJai Anmol Ambani
Jai Anshul Ambani
Parent(s)Dhirubhai Ambani
Kokilaben Ambani
RelativesMukesh Ambani (Brother)
WebsiteAnil Ambani

Anil Dhirubhai Ambani (Gujarati: અનીલધીરજલાલ (ધીરૂભાઈ) અંબાણી), born on 4 June 1959, is Chairman of Reliance Group (also refereed to Reliance ADA Group) which came into existence in June 2005 following a demerger from Reliance Industries Limited. He leads a large number of listed corporations including Reliance Capital, Reliance Infra, Reliance Power and Reliance Communications [2] Ambani’s networth is $5.9 billion according to the Forbes billionaire list for 2014.[3]

At 55, Ambani is held by many Indian youth as an icon, for success and fitness.[4] He has run every (half) marathon run in the country since 2003.[5]

Ambani is of the strong belief that the industry plays a pivotal role in the development of any nation and to this end he has steered his Reliance Group towards building a great enterprise for its stakeholders and a great future for the country. As part of its Corporate Social Responsibility, the group has two strong initiatives – the cutting edge 750 bed super-speciality Kokilaben Dhirubhai Ambani Hospital.[6] [7] and the Harmony Foundation for senior citizens.[8] Ambani invested USD 825 million in Steven Spielberg’s DreamWorks Studios in 2009 to coproduce movies, a move that has catapulted him into a major player in the global entertainment business. [9] In India he is one of the largest producers of Bollywood film industry. His major interest in Entertainment include 44 FM radio stations, nationwide DTH business, Animation Studios, and several mutliplex cinemas throughout India. [10] He is married to former Bollywood actress, Tina Munim and has two sons Anmol and Anshul.[11] [12]

Career

Anil Ambani joined Reliance Industries, the company founded by his father Dhirubhai Ambani, in 1983 as Co-Chief Executive Officer and is credited with having pioneered many financial innovations in the Indian capital markets. He led India's first foray into overseas capital markets with international public offerings of global depository receipts, convertibles and bonds. He directed Reliance in its efforts to raise, since 1991, around US$2 billion from overseas financial markets; with a 100-year Yankee bond issue in January 1997 being the high point, after which people regarded him as a financial wizard. He along with his brother, Mukesh Ambani, steered Reliance Industries to its current status as India's leading textiles, petroleum and petrochemicals company.

After the demise of his father in 2005, Anil Ambani took over the reigns of Reliance Group comprising with interest in Telecom, Entertainment, Financial Services, Power and Infrastructure.[13] In 2008, Ambani is also credited with India's largest IPO of Reliance Power which was subscribed in less than 60 second on offer, fastest in the history of Indian capital markets till date.

Awards and recognition

  • Voted ‘the Businessman of the Year’ in a poll conducted by The Times of India – TNS, December 2006.[14]
  • Voted the ‘Best role model’ among business leaders in the biannual Mood of the Nation poll conducted by India Today magazine, August 2006.[15]
  • Conferred ‘the CEO of the Year 2004’ in the Platts Global Energy Awards.[16]
  • Conferred 'The Entrepreneur of the Decade Award' by the Bombay Management Association, October 2002.[17]
  • Awarded the First Wharton Indian Alumni Award by the Wharton India Economic Forum (WIEF) in recognition of his contribution to the establishment of Reliance as a global leader in many of its business areas, December 2001.[18]
  • Selected by Asiaweek magazine for its list of 'Leaders of the Millennium in Business and Finance' and was introduced as the only 'new hero' in Business and Finance from India, June 1999.[19]

Bibliography

  • Yogesh Chabria, Happionaire's Cash The Crash. CNBC - Network18. ISBN 978-81-906479-5-3 - 2009

References

  1. ^ Anil Ambani Forbes.com. Retrieved April 2013.
  2. ^ "Anil Ambani". Forbes. 12 February 2014. Retrieved 16 February 2014.
  3. ^ "Richest Indians in Forbes list". DNA. 4 March 2014. Retrieved 16 February 2014.
  4. ^ "MTV picks Anil Ambani as youth icon". DNA. 4 September 2003. Retrieved 16 February 2014.
  5. ^ "Ninth edition of Mumbai marathon kicks off". CNNIBN Live. 15 January 2012. Retrieved 16 February 2014.
  6. ^ "Business leaders Anil Ambani". 4traders. 12 January 2012. Retrieved 16 February 2014.
  7. ^ "Kokilaben Hospital Philosophy". kokilabenhospital.com. 10 May 2009. Retrieved 16 February 2014.
  8. ^ "Harmony Foundation". Harmony India. 10 April 2014. Retrieved 16 February 2014.
  9. ^ "Anil Ambani profile". Businessweek. 16 April 2014. Retrieved 16 February 2014.
  10. ^ "Ambani & Sons". CNNGO. 12 June 2012. Retrieved 16 February 2014.
  11. ^ "Tina Ambani kids". Bollywood kids. 17 April 2008. Retrieved 16 February 2014.
  12. ^ "Tina Munim profile". IMDB. 16 April 2014. Retrieved 16 February 2014.
  13. ^ "The Ambani Achievements". Rediff.com. 7 July 2002. Retrieved 16 February 2014.
  14. ^ "Reliance Communications Ltd (RLCM.NS)". in.reuters.com.
  15. ^ "Anil Ambani". nilacharal.com.
  16. ^ "Anil Ambani is Platts CEO of the Year". rediff.com. Retrieved December 11, 2004.
  17. ^ Business Ethics and Corporate Governance. books.google.co.in.
  18. ^ "Wharton India Economic Forum". the-south-asian.com.
  19. ^ "Anil Ambani makes it to Asiaweek's hall of fame". rediff.com.

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