Anil Ambani
Birthday : 06/04/1959 Place of birth : Bombay - India Country of residence : India Linked companies : Reliance Capital Limited
Biography
When Ambani’ father dies in 2002, he bequeaths to his two children an empire built by importing synthetic fiber to substitute cotton in various industries. The inheritance is shared between his sons Anil and Mukesh. Mukesh will get the retailing and the petrochemical industry whereas Anil will get the branches of telecom, entertainment and energy.
Since then, a war arose between both brothers who quarrel over the inheritance in order to be the richest. In Forbes ranking of 2011, Anil is 103rd.
With a Master of Business Administration obtained at the Wharton School of the University of Pennsylvania (same school than Warren Bruffett), Anil Ambani founded Anil Dhirubhai Ambani Group, which includes Reliance Communications, Reliance Capital, Reliance Energy and Reliance Natural Resources Limited.
Anil has a passion for entertainment. Married to a Bollywood star of eighties, he devotes more and more investments, with only one thought running in his head: to conquer Hollywood. He accomplished a master stroke September 20, 2008 by investing $ 220 million in DreamWorks, the production company of Steven Spielberg.
Even if Anil Mukesh is the Indian Ticoon who has managed to increase its capital of 24 billion of dollars a year, he is also the one who lost the most in 2008 ($ 30 billion).
Anecdotes
The rumor of buyout of the football club Newcastle United to the owner Mike Ashley, for 360 million Euros was denied by Anil. However, he owns the cricket club of Premier League in Mumbai (Bombay).
In the movie “42 km”, one of the actors plays a role based on Anil’s life. We can see a scene where investors refuse to enter in the capital of the company because the president is big. Anil Ambani has admitted that he had experienced this situation.
Citations
"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".
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| Latest news about Anil Ambani | |
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| Telecom Deal Indicates Thaw in Ambani Brothers' Relationship |
| 04/02 -
By R. Jai Krishna
NEW DELHI--Eight years after dividing their business empire, India's most famous billionaire business brothers--Mukesh Ambani and Anil Ambani--Tuesday signaled thawing of relations with two telecom companies controlled by the |
| China as lender of last resort...more than just a loan |
| 2012 - HONG KONG (Reuters) - China is filling a lending vacuum in Asia as European banks limp home to preserve capital, and is making sure loans have spin-off benefits for Chinese manufacturers and exporters, even at the expense of the rates they offer. |
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