Reliance Industries is one of the best industrial conglomerates in India. This industrial group was formed by Dhirubhai Ambani. His two sons Mukesh and Anil Ambani later took over the business.
Although one of the best industrialists in India today, the Ambani family once had a very simple life. But the rise of Reliance's huge empire is due to Dhirubhai's insistence on doing something. Anil and Mukesh Ambani now live in a luxurious house or are accustomed to a luxurious life, but at one time they lived in a two-room house.
Dhirubhai Ambani started his life as a general pump worker at a gas station in Yemen. Then he built Reliance Empire with his own hands. When the business of Reliance Industries started growing in 1970-80, Dhirubhai lived with his family in Joy Hind State, Bhuleshwar, Mumbai. There were only two rooms for them to stay.
That Joy Hind State is now known as Benilal House. When Dhirubhai's business grew, he and his family bought a flat at Ushakiran Society on Karmichal Road in India. He started living there.
The new address of the Ambani family is an apartment called Colabar Sea Wind.
Dhirubhai died 18 years ago in 2002 of a sudden heart attack. He could not divide the wealth before he died. That's when the dispute between Mukesh and Anil over possession of the property started. After Dhirubhai's death, the two brothers got involved in a legal battle over possession of the property.
The Reliance empire was finally divided between the two brothers in 2005 with the mediation of their mother Kokilaben Ambani. Mukesh is in charge of oil, gas, petrochemical and oil refining businesses. On the other hand, the construction, telecommunication and energy sectors go to Anil.
Mukesh did not have a good start. In 2005, world oil prices skyrocketed. So the petrochemicals company could not make a profit in that way. Mukesh was falling a little behind then. On the other hand, the mobile phone market peaked then. Mukesh had no role in this sector yet.
However, Mukesh Ambani invested in the phone market in 2010. Created by Reliance Jio Infocomm. He invested ৩ 3.4 billion to build the Four-G Wireless Network. This changed the overall structure of India's Internet communication system.
Mukesh Ambani started reaping the benefits of this investment in 2016 by cutting the initial business. Reliance Jio started making profits. Mukesh Ambani established himself as a worthy successor to Dhirubhai.
Mukesh Ambani started to rise with lightning speed from 2016. From this time on, his wealth continued to grow at a meteoric pace. He is currently one of the top 10 richest people in the world.
At the same time Anil Ambani's fall began. He started selling shares of his company to pay back investors. The share price of his company also started falling sharply. No one could see any sign of turning around in him.
Although the older brother is now several steps ahead of the younger brother. While Mukesh is establishing himself as the richest man in Asia, Anil Ambani is fighting for survival.
According to various sources, Mukesh Ambani left the Colabar apartment as soon as the business dispute between the two brothers started. In 2010, Mukesh built Antilia, one of the most expensive houses in the world. Mukesh and his family started living in the 28-storey house in 2013.
Antilia is built on 4 lakh square feet of land. The house has 3 helipads, 16 garages, a ballroom, 9 high-speed elevators, a 50-seat theater, swimming pool, spa, health center, temple, snow room, etc.
In November last year, Mukesh Ambani bought another house in Stoke Park, Buckinghamshire, London for Rs 592 crore. The new palace has 49 rooms, a small hospital, a five-star hotel and three restaurants. There are also 13 tennis courts and 26-hole golf courses. The 900-year-old palace, 30 kilometers from the heart of London, was formerly used for living, but has been used as a country club since 1908.
Mukesh Ambani entered the business of mobile network and defeated the competitors. This time he is entering the hotel business. Mukesh, an oil, telecom and textile businessman, has recently raised the bar of his empire. New assets have been seized since the beginning of this year.
Reliance Industries has bought Mandarin Oriental, a luxury hotel in New York, for ৭ 260 million. Ambani has spent more than Rs 2,000 crore to buy a new hotel.
Wherever Mukesh Ambani has given his hand, there is gold. Thanks to his hard work and right decision, he has come to this place today. Even within Kovid his wealth has increased a lot in the last two years.
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