Anil Ambani: a Biography

- Anil Ambani From Wikipedia, the free encyclopedia Thisbiographical articleneeds additional quotesforverification. Please help by addingreliable sources. Contentious material about living persons that is unsourced or gravely sourcedmust be removed immediately, especially if potentiallylibelousor harmful. (June 2012) Anil Ambani Born 4 June 1959(age53) Mumbai,Maharashtra,India Residence Mumbai, Maharashtra, India Nationality Indian Alma mater University of Mumbai The Wharton SchoolOccupation Chairman ofAnil Dhirubhai Ambani Group Net expense $6 zillion (2012)1 Religion Hinduism Spouse(s) Tina Munim Children 22 Parents Dhirubhai Ambani Kokilaben Ambani Relatives Mukesh Ambani(Brother) Website Anil Ambani Anil Dhirubhai Ambani(Gujarati ( ) ), born on 4 June 1959, is an Indian businessman. He is the chairman ofAnil Dhirubhai Ambani Group, one of the largest privateconglomeratesin India. Anils elder brotherMukesh Ambani, who heads as the chairman ofReliance Industries. 3The Ambani family is the richest family in India and one of the richest in the world, their wealth inherited fromDhirubhai Ambani, founder of largest Indian conglomerate Reliance Group. 4He is know for having had affairs with bollywood divas and his affair with Sushmita Sen is well known. He is a member of the Board of Overseers at theWharton School of the University of Pennsylvania. He is in like manner the member of the Board of Governors of theIndian Institute of Technology KanpurIndian Institute of Management,Ahmedabad. citation neededHe is a member of the Central Advisory Committee,Central Electricity Regulatory Commission. In March 2006, he resigned. He is also the Chairman of Board of Governors ofDA-IICT,Gandhinagar. 5 Contentshide * 1Career * 2Awards and recognition * 3Personal Life * 4Bibliography * 5References * 6External links - editCareer Ambani joinedReliance Industries, the confederation founded by his late fatherDhirubhai Ambani, in 1983 as Co-Chief Executive Officer and is c redited with having pioneered many fiscal innovations in the Indian capital markets. citation neededFor example, he led Indias first forays into overseas capital markets with internationalist public offerings of global depositary receipts, convertibles and bonds. He directed Reliance in its efforts to raise, since 1991, around US$2 billion from overseas financial markets with a 100-yearYankee bondissue in January 1997 being the high point, later which people regarded him as a financial wizardcitation needed. He along with his brother, Mukesh Ambani, has steered the Reliance Group to its current stance as Indias leading textiles, petroleum, petrochemicals, power, and telecom guild. citation needed)citation neededHe is a close friend of movie starAmitabh BachchanandSubrata Roy. wholeness of his major achievements in the entertainment industry is the takeover ofAdlabs, the movie production to distribution to multiplex company that owns Indias only dome theatre and the recently ann ounced joint venture worth US$ 825 cardinal withSteven Spielberg. citation needed He has been embroiled in a dispute with his brother, Mukesh Ambani, over the supply of gas from the latters KG basin. citation needed He recently topped Business Sheets worlds biggest loser list of business leaders who lost funds in the late 2000s recession,6losing $32. 5 billion in 2008, which brought him out of the top ten list to image 34 in 2009. - editAwards and recognition * Conferred the Businessman of the Year 1997 award by Indias leading business powder magazineBusiness India, December 1997. citation needed - editPersonal LifeAnil Ambani is married toBollywoodActressTina Munimand has two sons Jai Anmol and Jai Anshul. 7He has taken part in theMumbai Marathonrace. Ambani is also a fan ofPremier Leagueclub,Newcastle Unitedand was extremely close to buying the club in kinsfolk 2008. In June 2004, Anil was elected as an Independent Member of theRajya Sabha upper house of the Parliament of Ind ia. He is avegetarian. 8He is known for having had affairs with bollywood divas and his love affair with former miss universe Sushmita Sen is well known. 9