Anil Ambani:Indian billionaire and the Chairman of ADAG
Published by admin on July 22nd, 2008 | Tagged Achievers, Billionaires, Business, Entrepreneurship
Update: According to the Forbes’ 2009 list of the world’s billionaires, Anil Ambani is at the 34th position with a net worth of $ 10.1 Billion
Indian Billionaire Anil Ambani is the Chairman of The Anil Dhirubhai Ambani Group or ADAG. He arrives at his office in a helicopter and works 12 hours a day. He is marathon runner and likes go jogging every morning to keep him self super fit. He is a vegetarian and does not drink or smoke. He is an optimist and is known for his aggressive style of business. Anil Ambani has become a role model for the youngsters in India.
According to the Forbes’ he is the 6th richest man in the world and the 3rd richest Indian, with a net worth of $ 42 billion. He was the year’s biggest gainer as his net worth increased by $23.8 billion.
Anil Ambani was born on June 4, year 1959. He graduated from the University of Mumbai. He did his MBA from the Wharton Business School, University of Pennsylvania in the US.
In 1983, Anil Ambani joined Reliance. He took the position of the Co-Chief Executive Officer. He managed the fund raising and marketing activities. Anil Ambani was in fact the man behind many innovations in the field of Indian finance.
Anil Ambani started The Anil Dhirubhai Ambani Group or ADAG in 2005, after the Business Empire got split between the Ambani Brothers.
The market capitalization of ADAG is around $ 75 billion. Anil Ambani’s business interests include financial services, communications, entertainment, energy, power, and health care.
Anil Ambani’s Reliance communications is one of the largest telecommunications company in India. Anil Ambani has around 66% stake in Reliance communications.
Reliance communications was considering a merger deal with South African Telecom Company MTN. The deal however was called off. The deal could have created $70 billion Telecom Company.
We can recall that Anil Ambani’s Company Reliance power had an IPO in Jan 2008.The IPO was over subscribed 9 times and was the largest in India. The IPO raised $ 3 billion.
Anil Ambani’s Reliance Big Entertainment or RBE has signed deals with leading production houses in Hollywood. The value of the movies will be worth $1 billion.
Reliance Big Entertainment or RBE entered into a deal with Amitabh Bachchan and family. The worth of the deal was Rs 1500 crore.
Reliance Big Entertainment or RBE is in talks with Steven Spielberg for a possible Joint venture deal where Reliance Big Entertainment or RBE will invest $600 million in Spielberg’s DreamWorks.
14 Responses to “Anil Ambani:Indian billionaire and the Chairman of ADAG”
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July 24th, 2008 at 3:43 am
I’m highly inspired by his success and bravery but required hsi support for my business to turn it into global
July 26th, 2008 at 9:40 am
Great Work!!!
@Prakash - What is HSI support?
July 26th, 2008 at 11:54 pm
I guess prakash made a typing error,he meant HIS support.
July 30th, 2008 at 7:54 am
any idea which movie they are producing?
July 31st, 2008 at 1:13 am
Hi Pachi,
They are producing a number of movies both in Bollywood and Hollywood.
August 8th, 2008 at 2:10 am
In the luxuriant penumbra cast by this Indian magnate, perhaps there are some small lillies that might flower proficuously also upon this western soil.
August 14th, 2008 at 11:07 am
Cashing on his dad’s success and goodwill!
His dad was a real marvel.Hats off for creating a company like Reliance.If Ambani would have been alive,he would’ve been worth more than $ 85 bn which is far more than the wealth of the richest(currently) man i.e. $ 66 bn ( Warren Buffet)
How can these people use the word “he STARTED ADAG”…he didn’t start it! It was just his piece of the cake.
August 27th, 2008 at 2:42 am
This is the New generation role model business man, he’s interests prick my heart because these are the sectors am developing in my own country. I want to be like him and go under his business mentorship. You are a Super Business Mongul. Look forward to meeting you some day.
October 31st, 2008 at 4:58 am
Mr Anil Ambani has done soo much for the country but still he has something has left were he has not touched yet in business with a fantastic background is he can achieve more then he has achieved today.
Anil your name itself is more then enough for people to get inspire .
July 15th, 2009 at 8:45 am
[...] running into billions of dollars. The business empire got split between his sons Mukesh Ambani and Anil Ambani in [...]
November 19th, 2009 at 12:16 am
Hello,
Mr, Anil is truely a genius. No doubt that he has inherited all this from his father but one should not forget that to maintain and to go ahead with the position is equally important.
November 19th, 2009 at 12:19 am
Hello,
Mr. Anil is truely a genius. No doubt, he has inherited all this from his father but yet, to maintain and to go ahead with the position is not an easy task aswell.
December 22nd, 2009 at 2:08 am
anil ambanis short biography is there.
January 29th, 2010 at 2:48 am
Hello sir
sir i m very respact to u. I m belong to middle class family. my name is pooja .I m 31 years old. sir i have one wish that i want to talk to u only once a time. I know u r a millinair person. i think u will not talk to me. if u want so pl reply me must. i will wait your mail. YOU r a very good person. ok sir bye and tk care.