Mukesh Dhirubhai Ambani (born 19 April 1957) is an Indian businessman, the chairman, managing director, and largest shareholder of Reliance Industries Limited (RIL), a Fortune Global 500 company and Indias most valuable company by its market value. According to the Forbes magazine, he is the richest Asian and the 13th richest person in the world as of March 2019.Ambani was born in Aden, Yemen and brought up in Mumbai, India. He received a degree in Chemical Engineering from the Institute of Chemical Technology in the early 1970s. In 1981 he started working alongside his father Dhirubhai Ambani in their family business, Reliance. Reliance Industries Limited deals mainly in refining, petrochemicals, and in the oil and gas sectors. Reliance Retail Ltd., another subsidiary, is the largest retailer in India. The business has expanded over the years to provide products and services such as Retail Markets and Telecommunications. Reliance’s Jio has earned a top-five spot in the country’s telecommunication services since its public launch on 5 September 2016.
As of 2016, Ambani was ranked 38 and has consistently held the title of Indias richest person on Forbes magazines list for the past ten years. He is the only Indian businessman on Forbes list of the worlds most powerful people. As of January 2018, Mukesh Ambani was ranked by Forbes as the 18th-wealthiest person in the world. He surpassed Jack Ma, executive chairman of Alibaba Group, to become Asias richest person with a net worth of $44.3 billion in July 2018. He is also the wealthiest person in the world outside North America and Europe. As of 2015, Ambani ranked fifth among Indias philanthropists, according to China’s Hurun Research Institute. He was appointed as a Director of Bank of America and became the first non-American to be on its board.Through Reliance, he also owns the Indian Premier League franchise Mumbai Indians and is the founder of Indian Super League, a football league in India. In 2012, Forbes named him one of the richest sports owners in the world. He resides at the Antilia Building, one of the worlds most expensive private residences with its value reaching $1 billion.