Anil Ambani
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Anil Ambani
Born Anil Dhirubhai Ambani has an estimated net worth of $7.6
billion according to Forbes as of 2014. Anil Dhirubhai Ambani is an Indian
business tycoon and the son of legendary businessman and visionary Dhirubhai
Ambani. After the division of the Reliance group in 2006, he became the
chairman of the Reliance Anil Dhirubhai Ambani Group, which is composed of high
growth companies like Reliance Communications, Reliance Big Entertainment,
Reliance Capital, Reliance Energy and Reliance Natural Resources Ltd. Further,
his investment worth $825 million in Steven Spielberg’s DreamWorks Studios to
coproduce movies has catapulted him into a major player in the global
entertainment business. In addition, his company Reliance Power Ltd.’s 3
billion dollar IPO is the biggest ever and was subscribed within a minute of
being listed in 2008. However, his fortunes have seen a sharp decline as he has
lost more than 50 percent of his wealth due to the plunging shares of his
holdings. Billions of dollars evaporated from his reserves since 2008, owing to
various factors, the most recent being accusations regarding the involvement of
his company over granting of 2G spectrums, which has seen 3 of his top
executives being arrested. Often dubbed as “Marathon man” in media circles, Anil
Ambani is a self-confessed fitness fanatic who rises early in morning to jog in
his plush neighborhood, while his chauffer drives behind him slowly. Anil
follows a disciplined lifestyle; he doesn’t drink or smokes, and prefers a
strict vegetarian diet. This younger heir to the legendary Dhirubhai Ambani’s
legacy has a penchant for designer labels and latest gadgets. He has splurged a
minuscule share of his wealth on his private jets and a yacht that he got built
as a gift for his beautiful wife, Tina Munim, a celebrated Bollywood actress of
yester years who also oversees a hospital in Mumbai named after his mother.
QUOTES
“Considering all major
parameters, we are amongst the top three business groups in the country ...
with a market cap of over 500 billion rupees.”
“It's a history of sorts. We
have become the first company to create this kind of wealth for our
shareholders without floating an IPO (initial public offering).”
Concentration can be
cultivated. One can learn to exercise will power, discipline one's body and
train one's mind.
“After this, RNRL being the
same body of RIL shareholders, it would have the right to distribute the next
28 MBTU gas derived from the basin to group's power generation facilities.”
Advertising is about norms
and values, aspirations and prejudices. It is about culture.
It is hope in this wider
sense which enabled my father to build, from scratch, one of India's largest
modern enterprises. His was an undertaking powered by hard work, initiative,
self-belief but, above all else, the capacity, as he would often say, "to
dream with your eyes wide open".
" I think you have to
work with people, and when I talk about managing relationships, don’t think the
derogatory ‘‘managed relationships’’. It is a question of sharing emotion and
feelings. The common denominator of everything can’t be money, and it should
not be money."
If you look at the top 20 companies
of the world, 19 of them are still brick-and-mortar companies. I have nothing
against tech companies. What I am saying is that if you have a car manufacturer
or an oil and gas manufacturer, you won’t get the supply over the Net.
I am sure that we will be
able to move forward expeditiously.
DID YOU KNOW?
Every morning at 5:30 a.m.,
six days a week, Anil goes jogging for 18 km. Wherever in the world, he never
misses this run.
He is quite the car freak. He
drives himself and is fond of his Mercedes and Range Rover.
When hockey star Dhanraj
Pillai asked for his autograph, they made a deal and gave each other their
respective autographs. He is proud of the fact that Pillai had heard about his
interest in longdistance running.
Anil Ambani’s firms were
banned from Secondary Market deals. The two firms namely the RNRL(Reliance
Natural Resources Limited) and Reliance Infrastructure (R Infra) were banned
from investing in Secondary Markets by The Securities and Exchange Board of
India.
He has been awarded the First
Wharton Indian Alumni Award by the Wharton India Economic Forum (WIEF) in
recognition of his contribution to the establishment of Reliance as a global
leader in many of its business areas, December 2001
He is conferred 'The
Entrepreneur of the Decade Award' by the Bombay Management Association, October
2002
His biggest asset is his 65%
stake in telecom venture Reliance Communications
FAMILY & RELATIONSHIPS
Nina Kothari
Sister
Dipti Salongkar
Sister
Mukesh Ambani
Brother
Kokilaben Ambani
Mother
Dhirubhai Ambani
Father
Jai Anshul
Jai Anmol
Tina Munim Ambani
Anil Ambani Estates and Homes (1)
The Sea Wind
Sea Wind is the fabulous home of the entire Ambani
family. The much-talked about house has 14 floors, with the roof of the top
floor being used as a helipad for taking off and landing helicopters. The house
was built under personal supervision of Nita Ambani, the first lady of the
Ambani empire and wife of Anil’s elder brother Mukesh Ambani.
Location: Sea Wind is located at Cuff Parade,
an upmarket neighborhood in South Mumbai.
Interiors and Decor: The
house's walls are adorned with paintings of famous Indian artists like M F
Hussain, Raza and Anjolie Ela Menon. The ancient workmanship on the walls and
roof, accentuated by Venetian glass formations demands a second look. The huge
windows provide a breathtaking city view.
The Neighborhood: Famous residents of the
area includes the family of world renowned painter MF Hussain.
The Sea Wind
Sea Wind is the fabulous home of the entire Ambani family.
Multi-storey apartment
The home has multiple floors dedicated to parking
Anil Ambani Yachts (1)
Tian yacht
Anil Ambani gifted his celebrated wife Tina, a super
luxury yacht, to fulfill her long cherished dream to own one. Tina’s
billionaire hubby reportedly spent whooping $84 million to buy this yacht made
in Genova, Italy, and named Tian-using the first two letters of Tina and Anil.
The Tian got both looks and substance and is said to be the most feature rich
yacht owned by an Indian. Owing this yacht has placed Anil and his wife Tina in
the clubs of rich Indians like liquor baron Vijay Mallya, Gautam Singhania, who
also have fallen to the charms of super luxury yachts.
Anil Ambani Private jets (4)
Bell 412
Anil Ambani purchased this 13 seater helicopter in 2001.
It has an advanced four blade main rotor with a smaller diameter that replaced
the 212's two blade rotor. This helicopter came into news when it was
reportedly sabotaged before Anil was about to aboard it for a business trip.
Global Express
The Global Express aircraft is an ultra-long range
business jet. It has an amazing feature to fly over 5,950 nautical miles. It
boats a 14.73 m-long cabin and is well equipped with noise and vibration
control system. This makes it a perfect choice for him to hold meetings on
board. Its luxurious amenities include customized interior layouts including an
office and a stateroom.
Falcon 2000
One of the favorite jets of the Indian business tycoon
Anil Ambani, “Falcon 2000” is a Transcontinental range corporate jet which
completely matches his fashion. With the ability to sprint up to 3,800 nautical
miles at M.80, the splendid jet completes shorter trips in no time.
Interiors: Anil’s majestic 8 seater jet features stunning
interiors with a lavish cockpit design, custom designed professional cabin
offering LCD screens for absolute leisure and easily accommodates up to 19
passengers in a high density layout.
Technical Specifications: Falcon 2000 is powered by two
high performance Pratt & Whitney 308C engines and outfitted with
Dasssault’s EASy Cockpit system for enhanced safety and information management.
The magnificent jet has a wing span of 19.33m and wing area of 527.6sq.ft.
Custom professional design
Custom designed professional cabin in Falcon 2000, it also
offers LCD screens for complete entertainment
The cockpit
The cockpit of Falcon 2000
Falcon 2000's Wing
The majestic jet has a wing span of 19.33m and wing area of
527.6sq.ft
Falcon 7X
The Falcon 7X made a place in Anil Ambani's jets because
of its breakthrough design and extraordinary capabilities. Its unique features
include a 5,950 nautical mile nonstop range and its unbeatable versatility.
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Anil Ambani Hobbies (2)
Enjoys eating
Anil Ambani love to explore different foods. He is a
complete foodie.
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Fitness Freak
Anil Ambani is very much concerned about his health and
follows a healthy lifestyle. In his daily routine he wakes up early and goes
for a walk.
Fitness Freak
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Anil Ambani Autos and Cars (5)
Land Rover
He is a complete car freak and loves to drive himself his
Land Rover. This vehicle is an amalgamation of luxurious features, exquisite
craftsmanship and powerful off road prowess.
Porsche
It has some amazingly unique features which make it one of
the favorite cars of Mr Ambani. It include extra 1.6 inches in the wheelbase,
interior dimensions have also grown. Rear-seats now enjoy 6.3 inches of
fore-and-aft sliding, as well as an adjustable backrest.Other interior features
include Bluetooth, Bose surround sound and a Burmester high-end surround sound
system, a 300 horsepower 3.6-liter V6. This engine is capable of a zero-to-60
sprint of 7.1 seconds with the manual transmission, or 7.4 seconds with the
Tiptronic S automatic. Top speed is limited to 142 mph, regardless of
transmission.
Lexus SUV
The Lexus SUV is a perfect choice to match the style of Anil
Ambani. Its features includes sport tuned suspension, aluminum trim on the
interior, a different front fascia, 18-inch wheels, leather interior with
heated and ventilated seats, a voice-activated navigation system with rear
parking assist and Bluetooth, a radar-enforced Pre-Collision System with
Dynamic Radar Cruise control, parking assist, moonroof and much more.
Mercedes GLK350
The Mercedes 350 is one of the most relaxing cars ever
built. It has the very powerful V6 engine, which throttles it to a speed of 60
mph in 6.5 seconds. .
Lamborghini Gallardo
He is passionate about cars and also has an enviable
collection of them. He has a yellow Lamborghini that he uses on weekends. The
car is considered the ultimate in style, power and opulence.
Anil Ambani Wedding (1)
Anil Ambani married Tina Munim in the year 1991.
Family
He is the younger son to Dhirubhai Ambani and Kokilaben. He
has an elder brother, Mukesh Ambani and two sisters, Nina Kothari and Deepti
Salgaonkar. His father, Dhirubhai Ambani was an Indian Business magnate and
entrepreneur who founded Reliance industries, petrochemicals, communications,
power and textiles, a conglomerate company.
Growing Up
The environment in which he had spent his childhood was that
of a stereotypical Indian joint family. Even though he is well educated, he had
been brought up to pay more attention on non-academical activities, rather on
academical ones, by his father. By the time Anil grew up into an adult, his
father had set up the first office of Reliance Commercial Cooperation and
Reliance Textiles.
Early in the 1970’s the Ambani family lived in a two bedroom
apartment in Bhuleshwar, Mumbai. Later, Dhirubhai Ambani purchased a 14-floor
apartment in Colaba, for the family, where until recently, the two Ambani
brothers lived with their families on separate floors.
Anil Ambani is a highly educated billionaire, unlike many
billionaires around the world who are drop outs. His educational qualifications
are excellent. He pursued his Bachelors degree in Science from the University
of Mumbai, and later went up to USA for his Masters in Business Administration
at The Wharton School, University of Pennsylvania.
Endeavors
In 1983, Anil Ambani joined Reliance, a conglomerate company
founded by his late father, as the Co-Chief Executive Officer. He has also
pioneered in initiating many financial innovations in the Indian capital
market, some of which were leading India's first forays into overseas capital
markets with international public offerings of global depositary receipts,
convertibles and bonds.
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Under his leadership Reliance has been raising around US$2
billion from the overseas financial markets, since 1991.
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The 100-year Yankee bond was launched under his leadership.
The two Ambani brothers took Reliance Group to great heights and due to their
effort and intelligence it enjoys its current status as India's leading
textiles, petroleum, petrochemicals, power and telecommunication company.
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Anil Ambani was also elected as the Independent Member of
the Rajya Sabha- Upper Sabha, Parliament of India with the support of the
Samajwadi Party, in June 2004.
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The Beginning
It all started when Anil Ambani was said to be embroiled in
a dispute with his brother, Mukesh Ambani, over the supply of gas which led to
the split of the Reliance Group and after which Anil Ambani founded the “Anil
Dhirubhai Ambani Group”. Anil Ambani is the Chairman of Reliance
Communications, Reliance Capital, Reliance Energy, and Reliance Natural
Resources Limited.
Conjugal Relationship
Anil Ambani is married to Indian Bollywood Actress, Tina
Munim and has two sons, Anmol and Anshul. Tina Ambani, wife of this powerful
scion of the Corporate India, is also the Managing Director of Reliance
Industries. She has worked in the film industry for about 10 years.
Man of Substance
Anil Ambani, is the Chairman of Anil Dhirubhai Ambani Group,
with a net worth of $8.8 billion. Being the fourth richest Indian, he was voted
the 3rd most powerful person in India in 2009(March) India Today Power List.
He has a long list of awards, laurels and recognitions. Anil
Ambani has been constantly grabbing headlines almost everyday due to his
activities or achievements.
In 2006, he was voted as the Businessman of the Year in
Times of India poll.
Earlier in 2004, he was adjudged as the CEO of the year at
the Platts Global Energy Awards.
Not only is he a well-known personality in the corporate
world, he's equally famous among the youth as well, which is evident from, him
being voted the “Mtv Youth Icon of the Year” for the year 2003.
Company Profile
The Reliance Group is among India’s top three private sector
business houses on all major financial parameters, with a market capitalization
of ` 325,000 crores (US$ 81 billion), net assets in excess of ` 115,000 crores
(US$ 29 billion), and net worth to the tune of ` 55,000 crores (US$ 14 billion)
Across different companies, the group has a customer base of over 100 million,
the largest in India, and a shareholder base of over 12 million, among the
largest in the world.
Through its products and services, the Reliance Group
touches the life of 1 in 10 Indians every single day. It has a business
presence that extends to over 20000 towns and 4.5 lakhs villages in India, and
5 continents across the world.
The interests of the Group range from communications
(Reliance Communications) and financial services (Reliance Capital Ltd), to
generation, transmission and distribution of power (Reliance Energy),
infrastructure and entertainment.
This group follows the philosophy-
Vision
To build a global enterprise for all our stakeholders and a
great future for our country, to give millions of young Indians the power to
shape their destiny and the means to realize their full potential.
Value
Shareholder Interest
People care
Consumer Focus
Excellence In Execution
Team Work
Proactive Innovation
Leadership by Empowerment
Social Responsibility
Respect for Competition
Mission
“To attract, nurture, grow and retain the best leadership
talent in every sector and industry they operate in”.
Obstacles Faced
In the late 2000s Anil, Business sheet's “World's biggest
loser” list of business leaders losing $32.5 billion in 2008, due to which he
lost his position in the top ten list and came down to number 34 in 2009. He
was even interrogated by the Central Bureau of Investigation, and is allegedly
a suspect in the 2G spectrum scam.
Virtues
Throughout his life and career, he has been in linked with
several Bollywood personalities like Amitabh Bachchan and Subrata Roy who are
close friends. His major achievement in the entertainment industry has been the
takeover of Adlabs. Though his professional life leaves him almost no time to
rejuvenate, he makes a point to stay fit, physically and mentally. He's an
active participant in various marathons. He is a vegetarian and abstains from
alcohol. He wakes up early and goes for a run everyday.
