Mukesh D Ambani

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Mukesh D Ambani
19 April 1957 (age 53)
Born
Aden, Colony of Aden (now Yemen)[1]
Residence Antilia, Mumbai, Maharashtra
Nationality Indian
University of Mumbai
Alma mater
Stanford University, Dropout
Occupation Chairman & MD of Reliance Industries
Net worth US$29.0 billion (2010)[2]
Religion Hindu
Spouse Nita Ambani
Children Akash, Anant, Isha[3]
Relatives Anil Ambani (Brother)

Mukesh Dhirubhai Ambani (born on 19 April 1957) is an Indian business magnate and the
chairman and managing director of Reliance Industries,[4] the largest private sector enterprise in
India, a Fortune 500 company,[5] and one of the largest private sector conglomerates in the
world. His personal stake in Reliance Industries is 48%.[6]

As of July 2010, he is the richest man in Asia[7] and the fourth richest man in the world with a
personal wealth of US$29.0 billion. On 29 October 2007, a strong rally in the Indian stock
market and the appreciation of the Indian rupee boosted the market capitalisation of all Reliance
group companies, making him for a while the world’s richest man,[8] with net worth climbing to
US$63.2 billion leaving Bill Gates behind at around $56
billion.[9][10] According to Forbes Magazine forecasts, he is
expected to regain the title of the richest man in the world
in 2014.[11][12]

Family and early life

Antilia as seen from Altamount Road, Mumbai

Mukesh Ambani is the eldest son of Dhirubhai Ambani, the

late founder of Reliance Industries.[13] He has a brother,
Anil, and two sisters.
The Ambani family lived in a two bedroom apartment in Bhuleshwar, Mumbai until the 1970s.
[14]
Dhirubhai Ambani then purchased a 14-floor apartment block called 'Sea Wind' in Colaba,
where Anil his family and Mukesh and his family lived on different floors.[15]

Anil Ambani is also a billionaire and owns a competing company, Reliance Anil Dhirubhai
Ambani Group. The two brothers have had clashes over business.

Personal life
He is married to Nita Ambani and has three children, Akash, Anant and Isha.[16] He owns the
Indian Premier League team, the Mumbai Indians.

They live in a private 27 story building in Mumbai named Antilia.[17] Costing aprox. US$500–
$700 Million, with the increasing price of land, is estimated to be valued at over US$1 Billion
to build. It is claimed to be the most expensive home in history.[18]

Career
He joined Reliance Industries in 1981.[19] He initiated Reliance's backward integration journey
from textiles into polyester fibres and further into petrochemicals, petroleum refining and going
up-stream into oil and gas exploration and production.

Ambani set up one of the largest and most complex information and communications
technology initiative in the world in the form of Reliance Infocomm Limited (now Reliance
Communications Limited).

Ambani directed and led the creation of the world’s largest grassroots petroleum refinery at
Jamnagar, India, with a current capacity of 660,000 barrels per day (33 million tonnes per year)
integrated with petrochemicals, power generation, port and related infrastructure.[20]

Honours and awards

Ambani (right) with Ratan Naval Tata and U.S. Secretary
of State Hillary Rodham Clinton

 January 2010: School of Engineering and Applied

Science of the University of Pennsylvania confers
him with the Dean's medal.
 Chosen the businessman of the year 2007 by a
public poll in India conducted by NDTV
 Conferred the United States-India Business Council (USIBC) leadership award for
"Global Vision" 2007 in Washington.
 Ranked 42nd among the World's Most Respected Business Leaders and second among
the four Indian CEOs featured in a survey conducted by Pricewaterhouse Coopers and
published in Financial Times, London, November 2004.
 Conferred the World Communication Award for the Most Influential Person in
Telecommunications in 2004 by Total Telecom, October, 2004.
 Chosen Telecom Man of the Year 2004 by Voice and Data magazine, September 2004.
 Ranked 13th in Asia's Power 25 list of The Most Powerful
  Awarded the "Chitralekha Person of the Year Award -- 2007" by Gujarat Chief Minister
Narendra Modi.
 Former Chairman of Indian Institute of Management Bangalore(IIM-B).
 Fishing Diplomat
 Honorary Fellow of IChemE (the Institution of Chemical Engineers)
 In 2010, he was named among the most powerful people in the world by Forbes in its
this year’s list of 68 people "who matter [22]

He is also a member of the International Advisory Board, a globalist think tank council on
foreign relations.[23][24][25]

References
1. ^ "The Rediff Business Interview/ Mukesh Ambani". Rediff. June 17, 1998.
http://www.rediff.com/business/1998/jun/17nandy.htm. Retrieved 2010-07-15.
2. ^ Mukesh Ambani topic page. Forbes.com. Retrieved September 2010.
3. ^ "NY Times pics on Mukesh Ambani". India: Nytimes.com. 2008-06-15.
http://www.nytimes.com/slideshow/2008/06/15/business/0615-AMBANI_7.html.
Retrieved 2010-02-09.
4. ^ "Mukesh Ambani :: RIL :: Reliance Group of Industries". RIL.
http://www.ril.com/html/aboutus/mukesh_ambani.html. Retrieved 2010-02-09.
5. ^ "FORTUNE Global 500 2006: Countries". Money.cnn.com. 2006-07-24.
http://money.cnn.com/magazines/fortune/global500/2006/countries/I.html. Retrieved
2010-02-09.
6. ^ "The World's Billionaires". Forbes. 2007-03-08.
http://www.forbes.com/lists/2007/10/07billionaires_Mukesh-Ambani_NY3A.html.
Retrieved 2007-03-09. "Year 2007."
7. ^ "Forbes topic page on Mukesh Ambani". Forbes.
http://billionaires.forbes.com/topic/Mukesh_Ambani. Retrieved 2010-04-05.
8. ^ "Mukesh Ambani Becomes World’s Richest Man". Economic Times.
http://economictimes.indiatimes.com/Corporate_Trends/Mukesh_Ambani_worlds_riche
st_now/articleshow/2500036.cms. Retrieved 2010-04-05.
9. ^ "World's richest is Mukesh Ambani: Billion-dollar decisions from a billion-dollar
home". http://www.bloggingstocks.com/2007/10/29/mukesh-ambani-billion-dollar-
decisions-from-a-billion-dollar-ho/. Retrieved 2010-04-05.
10. ^ "Mukesh Ambani Becomes World’s Richest Man".
http://www.stockmarketsview.com/mukesh-ambani-becomes-worlds-richest-man/22/.
Retrieved 2010-04-05.
11. ^ "Mukesh Ambani to be richest man in world in 2014: Forbes". Deccan Herald. 2010-
10-11. http://www.deccanherald.com/content/95934/mukesh-ambani-richest-man-
world.html. Retrieved 2010-11-28.
12. ^ "Mukesh Ambani to be richest man in world in 2014: Forbes". Daily News and
Analysis. 2010-10-12. http://www.dnaindia.com/money/report_mukesh-ambani-to-be-
richest-man-in-world-in-2014-forbes_1436855. Retrieved 2010-11-28.
13. ^ "Mukesh Ambani | Reliance Industries | Dhirubhai Ambani | Worlds Richest Men -
Oneindia Living". Living.oneindia.in. http://living.oneindia.in/celebrity/other-
celebrities/mukesh-ambani-reliance-industries.html. Retrieved 2010-10-28.
14. ^ "Reliance didn't grow on permit raj: Anil Ambani". rediff.com. 2002-05-11.
http://www.rediff.com/money/2002/may/11ambani.htm. Retrieved 2010-10-28.
 15. ^ Yardley, Jim (2010-10-28). "Soaring Above India's Poverty, a 27-Story Home". The
New York Times. http://www.nytimes.com/2010/10/29/world/asia/29mumbai.html?
ref=global&pagewanted=all.
16. ^ "Nita Sikbani". Da-is.org. http://www.da-is.org/html/nita_ambani.html. Retrieved
2010-02-09.
17. ^ Kwek, Glenda (2010-10-15). "India's richest man builds first $1-billion home, Antilia,
Ambani". Melbourne: Theage.com.au. http://www.theage.com.au/executive-
style/luxury/indias-richest-man-builds-worlds-first-billiondollar-home-20101015-
16mrg.html. Retrieved 2010-10-28.
18. ^ Mark Mangier (October 24, 2010). "Mumbai billionaire's home boasts 27 floors,
ocean and slum views". The Los Angeles Times.
http://articles.latimes.com/2010/oct/24/world/la-fg-india-rich-20101025.
19. ^ "Mukesh Ambani :: RIL :: Reliance Group of Industries". RIL.
http://www.ril.com/html/aboutus/mukesh_ambani.html. Retrieved 2010-03-29.
20. ^ "Mukesh Ambani :: Reliance Group :: Reliance Petroleum Limited :: Reliance
Industries". RIL. http://www.reliancepetroleum.com/html/mda.html. Retrieved 2010-02-
18.
21. ^ "Mukesh Ambani - Chairman and Managing Director, Reliance Group". RIL. 2005-
02-21. http://www.rellife.com/mukesh_ambani.html. Retrieved 2010-02-18.
22. ^ . http://www.thehindu.com/news/national/article868374.ece.
23. ^
http://www.cfr.org/content/about/annual_report/ar_2008/Intl_Advisory_Board2008.pdf
24. ^ "Leadership and Staff - Council on Foreign Relations". Cfr.org. 2009-12-05.
http://www.cfr.org/about/people/international_advisory_board.html. Retrieved 2010-08-
31.

Nandan Nilekani
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Nandan Manohar Nilekani
नंदन मनोहर नीलेकणी
Nandan M Nilekani at the World Economic Forum in Davos,
2007
2 June 1955 (age 55)
Born
Bangalore, Karnataka, India
Residence Bangalore
Nationality Indian
Alma mater Indiana Institute of Technology
Chairman of Unique Identification Authority of
Occupation
India (UIDAI)
Net worth $1.4 billion (2010)[1]
Religion Hinduism

Nandan Nilekani (Konkani: नंदन नीलेकणी, Kannada: ನಂದನ್ ನಿಲೇಕಣಿ) born (June 2, 1955) is
an Indian businessman. He currently serves as the Chairman of the new Unique Identification
Authority of India (UIDAI), after a successful career at Infosys Technologies Ltd. He is also
heading Government of India's technology committee called as TAGUP.

[edit] Early life

Nandan Manohar Nilekani was born in Sirsi town in Uttara Kannada district of Karnataka, as
the younger son of Durga and Mohan Rao Nilekani in a Chitrapur Saraswat Brahmin family.[2]
His father worked as a General Manager of Mysore and Minerva Mills. His father, who
subscribed to Fabian Socialist ideals, had an influence on Nandan during his early years. He has
an elder brother, Vijay, who works in the Nuclear Energy Institute.[3]

He studied at Bishop Cotton Boys School Bangalore, and then at St. Joseph's High School
Dharwad, and later in Indian Institute of Technology Bombay, Mumbai where he graduated
with a B.Tech in Electrical Engineering in 1978.[4] His early years were marked by his father’s
job transfers and re-locations. He spent the first twelve years at Bangalore, where he studied at
the Bishop Cotton Boys School. He then moved in with his uncle’s family in Dharwad, after his
father had been transferred.

[edit] Career
Nandan Nilekani, after graduating from IIT Bombay in 1978, joined Mumbai-based Patni
Computer Systems where he was interviewed by N.R. Narayana Murthy. Three years later, in
1981, Murthy walked out of Patni following a disagreement with one of the Patni brothers. His
entire division walked out with him. The defectors decided to start their own company, Infosys.

Nilekani became the Chief Executive Officer of Infosys in March 2002, taking over from
Murthy. Nilekani served as CEO and MD of the company from March 2002 to April 2007,
when he relinquished his position to his colleague Kris Gopalakrishnan, becoming Co-
Chairman. He left Infosys on 9 July 2009 to serve as the chairperson of the Unique
Identification Authority of India, in the rank of a cabinet minister under invitation from the
Prime Minister of India, Dr. Manmohan Singh.

He co-founded India’s National Association of Software and Service Companies (NASSCOM)

as well as the Bangalore Chapter of The IndUS Entrepreneurs (TiE).

He appeared on The Daily Show with Jon Stewart on March 18, 2009[5] to promote his book
"Imagining India." He has been a speaker at the prestigious TED conference where he talked
about his ideas for India's future.

He has an estimated net worth of the Indian rupee equivalent of US$1.3 billion.[6] In 2009, Time
magazine placed Nilekani in the Time 100 list of 'World's Most Influential People' [7]

Nilekani has been extensively quoted in Thomas Friedman's book The World is Flat.[8].

[edit] Personal life

Nandan Nilekani is married to Rohini, whom he met at a quizzing event at IIT.[9] They have two
children Nihar and Janhavi, both studying at Yale University.[10]

[edit] Honours and awards

 One of the youngest entrepreneurs to join 20 global leaders on the prestigious World
Economic Forum (WEF) Foundation Board in January 2006.
 Member of the Board of Governors of the Indian Institute of Technology (IIT) Delhi
 Member of the review committee of the Jawaharlal Nehru National Urban Renewal
Mission.
 Forbes “Businessman of the Year” for Asia in 2007.
 He, along with Infosys founder (and currently non-executive chairman) N. R. Narayana
Murthy, also received Fortune magazine’s ‘Asia’s Businessmen of the Year 2003’
award.
 Named among the ‘World’s most respected business leaders’ in 2002 and 2003,
according to a global survey by Financial Times and PricewaterhouseCoopers.
 Awarded the Corporate Citizen of the Year award at the Asia Business Leader Awards
(2004) organized by CNBC.
  Joseph Schumpeter Prize for innovative services in economy, economic sciences and
politics - 2005.[11]
 Padma Bhushan, one of the highest civilian honors awarded by the Government of India
- 2006.
 Was presented the 'Legend in Leadership Award' by the Yale University in November
2009. He is the first Indian to receive the top honour.

[edit] Bibliography
 Nandan Nilekani. Imagining India: The Idea of a Renewed Nation (March 19, 2009
ed.). Penguin Press HC. p. 528. ISBN 1594202044.

In this book, Nandan discusses topics such as the future of India, its recent history, the ideas and
attitudes that evolved with the times and contributed to the country’s progress, India’s early
socialist policies, its young population, Information Technology, caste politics, labour reform,
infrastructure, higher education, and the English language in India.

[edit] References
1. ^ Forbes. http://www.forbes.com/profile/Nandan-Nilekani.
2. ^ http://www.dnaindia.com/bangalore/report_changing-with-times-and-
bangalore_1427399
3. ^ http://imaginingindia.com/about-nandan/childhood/
4. ^ Infosys Technologies Limited (2007-06-22). "About Infosys | Management Profiles |
Nandan M. Nilekani". Infosys. http://www.infosys.com/about/management-
profiles/nandan-nilekani.asp. Retrieved 2009-06-28.[dead link]
5. ^ "The Daily Show with Jon Stewart Official Website | Current Events & Pop Culture,
Comedy & Fake News | Comedy Central". Thedailyshow.com.
http://www.thedailyshow.com/. Retrieved 2009-06-28.
6. ^ "#754 Nandan Nilekani - Forbes.com". Forbes.
http://www.forbes.com/lists/2007/10/07billionaires_Nandan-Nilekani_F76O.html.
7. ^ The 2009 TIME 100 - Nandan Nilekani TIME.
8. ^ http://www.wired.com/wired/archive/13.05/friedman.html
9. ^ "School and IIT". Imagining India. http://imaginingindia.com/about-nandan/school-
and-iit/. Retrieved 2009-06-28.
10. ^ The Hindu (Chennai, India). 2009-09-06.
http://www.hindu.com/2009/09/06/01hdline.htm.
11. ^ "The story continues". Imagining India. http://imaginingindia.com/about-nandan/the-
story-continues/. Retrieved 2009-06-28.