“Concentration can be cultivated. One can learn to exercise will power, discipline one’s body and train one’s mind” are the great words of Anil Dhirubhai Ambani. Born to Dhirubhai Ambani and Kokilaben Ambani on 4th June 1959, Anil Ambani owns the ADA Group and is currently the fourth richest Indian in the world. A true go getter, Anil Ambani received his Bachelors in Science from the University of Bombay and an MBA from Wharton School at the University of Pennsylvania. Anil Ambani lived in a two bedroom apartment with his elder brother Mukesh Ambani and parents in Bombay until 1960 s.He now has a Bell 412 13-seat Helicopter which he purchased in 2001. With a personal wealth of $13.7 Billion, Anil Ambani has a lot of things to boast of.
What he has?
Prior to the split of the Ambani Brothers, Anil Ambani joined Reliance as Co-CEO in 1983. He pioneered India Inc’s forays into overseas capital markets with international public offerings of global depository receipts, convertibles and bonds.Starting from 1991, he led Reliance in its efforts to raise, around US$2 billion from overseas financial markets. In January 1997, the 100-year Yankee bond issue was launched under his stewardship.
After the split Anil Ambani has two flagship companies Reliance Communications(RCOM) and Reliance Energy(REL).Anil Ambani found the Anil Dhirubhai Ambani Group which includes Reliance Communications, Reliance Capitals, Reliance Energy and Reliance Natural Resources Private Limited. He took over the Adlabs, the movie production to distribution to multiplex company that owns India’s only dome theatre. He has also recently announced a joint venture with Steven Spielberg worth US $ 825 million.
The ADA Group has net worth to the tune of US $ 14 billion and net assets in excess of US $ 29 billion.
He is a member of the Board of Overseers at the Wharton School of Business.Anil Ambani is also the member of Board of Governors of IIT-K and IIM A. Anil Ambani was elected as an Independent Member of the Rajya Sabha in 2004 but he voluntary resigned in 2006. In 2006 he was close to buy the Newcastle United Club for his passion for soccer.
In the feild of entertainment, Reliance Big Entertainment provides services in the area of gaming, animation,movies,music,broadcast and DTH. Anil Ambani is a vivacious man.
Anil Ambani Personally!
Married to Bollywood actress Tina Munim, Anil Ambani has two sons Anmol and Anshul. Anil Ambani loves to jog every morning and runs marathons(42 km) at the age of 51. A vegetarian and a teetotaler, Anil Ambani is friends with Amitabh Bachchan,The God of Bollywood. The Ambani brothers with their families currently reside at The Sea Wind, Cuff Parade,Mumbai which is a 14 story building.
Awards and Recognitions:
Anil Ambani is the first Indian to be awarded the First Indian Wharton Indian Alumni Award by the Wharton India Economic Forum. He was also voted the Businessman of the Year by Times Of India in 2006. He was chosen as the MTV Youth Icon for the year 2003. In the Forbes Billionaire list Anil Ambani is currently at no. 36. Anil Ambani was also voted the 3rd most powerful person in India in the 2009 India Today Power List. He was named as The Digital Entrepreneur at the IDM Awards in 2010.
When Anil Ambani made news!
The Ambani brothers were in news when they split in 2005 . Kokilaben Ambani with the help of Kundapur Vaman Kamath,the Managing Director of ICICI Bank and a close family friend helped settle the dispute. On June 18,2005 Kokilaben Ambani,their mother announced through press release the split of the Reliance Group. Under this, Reliance Industries and IPCL was given to Mukesh Ambani and Anil Ambani was given the responsibility of Reliance Infocomm, Reliance Energy and Reliance Capital.
Mukesh and Anil Ambani again came in limelight when they had a dispute over the price of gas from Mukesh’s KG Basin. The near three year battle was fought over a gas-supply agreement struck when the Reliance empire was split in 2005. The Supreme Court ordered the brothers to renegotiate the agreement at the government approved price. In honor of the verdict by the SC in favor of Mukesh Ambani, the Ambani brothers reconciled with a pact under which they both would forbade from competing with each other. They have now called for 28 units of gas a day to be sold to Reliance Natural Resources owned by Anil Ambani at $ 2.34 per unit for 17 years. During the row, the Chief Minister of Andhra Pradesh, where the KG Basin is located requested New Delhi to intrude.
Anil Ambani is a true business leader and is an inspiration to the youth of the country.He is one of the foremost entrepreneurs of Independent India.