Biography of Dhirubhai Ambani

A well known Indian industrialist who was the founder of Reliance Industries, giant petrochemical, communications,

power, and textiles conglomerate. Dhirubhai was the biggest exporter in India and the first privately owned Indian company in the Fortune 500. 

Name Dhirubhai Ambani 
Birthday 28 December 1932
Father NameHirachand Gordhanbhai Ambani
Mother NameJamnaben Ambani
WifeKokilaben Ambani
ChildrenMukesh Ambani, Anil Ambani, Nina Ambani and Dipti Ambani
QualificationHigh School (10th)
Death6 July 2002
Awards

June 15, 1998 – "Dean's Medal" by The Wharton School

1996, 1998 and 2000– Power 50-the most powerful people in whole Asia by Asiaweek magazine.

November 8, 2000, Mumbai - Conferred 'Man of the Century' award by the Chemtech Foundation.

August 10, 2001, Mumbai – The Economic Times Awards for Corporate Excellence for Lifetime Achievement Award.

"Man of 20th Century" by the Federation of Indian Chambers of Commerce and Industry (FICCI)

28 December 2002 - India post released a glorious postal stamp featuring Dhirubhai Ambani.

October 2011- ABLF Global Asian Award at the Asian Business Leadership Forum Awards.    

January 2016- Padma Vibhushan, the country's second-highest civilian award.


Net Wealth₹11,65,915 crore (US$160 Billion) in Feb 2020

Early Days & Education

Dhirubhai was the third of five children born to a village school-teacher and his wife, and he grew up in a family of humble means. He did his studies from Bahadur Kanji school in Gujarat.

In 1948, he left for the Port of Aden to work for A. Besse and Co. with his brother Ramnikbhai. 

After a few months, he came back to sell shell and Burmah oil products for the company. He left Aden in 1958 to try his hand at his own business in India in the textiles and marbles market.

Founding $160+ Billion Reliance Industries

Ambani returned back to India and started "Majin" in partnership with Chambaklal Damani, his second cousin, who lived with him in Yemen. Majin was to bring polyester yarn and export spices to Yemen.

The very first office of the Reliance Commercial Corporation was set up at the Narsinatha Street in Masjid Bunder. Ambani was popularly known as a risk-taker and believed in building inventories to increase profit.

In 1966 he formed Reliance Commercial Corporation which later became Reliance Industries on 1973 and

After the death of Dhirubhai Ambani on 6 July 2002, Reliance was headed by his two sons- Anil Ambani and Mukesh Ambani.

Reliance Group has six listed companies. These are- Reliance Power, Reliance Infrastructure, Reliance Capital, Reliance Entertainment, Reliance Home Finance, and Reliance Health.

which has an overall wealth of more than 160 Billion US Dollars.

Awards and Achievements

  • 1996, 1998 and 2000– Gloriously Featured among Power 50-the most powerful people in whole Asia by Asiaweek magazine.
  •   for setting an outstanding example of leadership. Dhirubhai was the first Indian to receive the Dean's Medal.    
  • November 8, 2000, Mumbai - Conferred 'Man of the Century' award by the Chemtech Foundation.
  • August 10, 2001, Mumbai – The Economic Times Awards for Corporate Excellence for Lifetime Achievement Award.
  • "Man of 20th Century" by the Federation of Indian Chambers of Commerce and Industry (FICCI)
  • 28 December 2002 - India post released a glorious postal stamp featuring Dhirubhai Ambani.
  • October 2011- posthumously awarded the ABLF Global Asian Award at the Asian Business Leadership Forum Awards.    
  • January 2016- posthumously awarded the Padma Vibhushan, the country's second-highest civilian award.

Conclusion

So this is all about the first Indian Billionaire Dhirubhai Ambani. Hope you like this biography. Share this biography with your friends and check other biographies of successful personalities of this planet.

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