Ambani in 2012
|Born||4 June 1959|
Bombay, Bombay State, India
|Alma mater||University of Mumbai|
The Wharton School of the University of Pennsylvania
|Occupation||Chairman of Anil Dhirubhai Ambani Group|
|Net worth||US$2.0 billion (July 2018)|
|Relatives||Mukesh Ambani (brother) |
Isha Ambani (niece)
Anant Ambani (nephew)
Anil Dhirubhai Ambani (born 4 June 1959) is an Indian business magnate. He is the chairman of Reliance Group (also referred to Reliance ADA Group) which came into existence in June 2005 following a demerger from Reliance Industries Limited. He leads a large number of stock listed corporations including Reliance Capital, Reliance Infrastructure, Reliance Power and Reliance Communications. As of October 2018, Ambani's net worth was $2.1 billion according to the Forbes billionaire list.
His major business interests in entertainment includes 44 FM radio stations, nationwide DTH business, animation studios, and several multiplex cinemas throughout India. He is married to former Bollywood actress, Tina Munim and has two sons Anmol and Anshul.
Ambani made his debut into the entertainment industry with an acquisition of a majority stake in Adlabs Films in 2005, a company with interests in film processing, production, exhibition and digital cinema, the company was later renamed Reliance MediaWorks in 2009.
In 2008 a joint venture worth US$1.2 billion with Steven Spielberg's production company DreamWorks cast Ambani's entertainment business on to a global platform. Through this link he has contributed to the production of a number of films with Steven Spielberg, including the Academy Award winning film Lincoln in 2012.
Awards and recognition
- Conferred the 'Businessman of the Year 1997' award. by India's leading business magazine Business India, December 1998.
- Voted 'the Businessman of the Year' in a poll conducted by The Times of India – TNS, December 2006.
- Voted the 'Best role model' among business leaders in the biannual Mood of the Nation poll conducted by India Today magazine, August 2006.
- Conferred 'the CEO of the Year 2004' in the Platts Global Energy Awards.
- Conferred 'The Entrepreneur of the Decade Award' by the Bombay Management Association, October 2002.
- 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.
- 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.
In 2018, India's principal opposition party INC accused the Prime Minister Narendra Modi of favouring Anil Ambani's defence manufacturing company over HAL, a public sector enterprise, in a fighter aircraft deal worth INR 58,000 crores with French manufacturing firm Dassault. Ambani, several of whose companies are debt-ridden, has denied all charges of benefiting from crony capitalism. In a possibly related controversy, it also came to light that one of Anil Ambani's firms had partly financed a French film where former French president Francois Hollande's then partner had acted in, around the same time the aircraft deal was being negotiated.
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