He held the title of being India’s richest person on Forbes’ list for ten consecutive years. He is also one of the richest sports owners (according to Forbes) in the world. An oil and gas tycoon, his retail subsidiary is the largest retailer in India. He made the country’s presence prominent on the global map by serving in the Board of Directors in Bank of America and again in the international advisory board of the Council on Foreign Relations.
BSE (Bombay Stock Exchange) put his company ahead of Tata Group’s TCS for the month of April this year and he has now been declared as the only Indian to feature in the Forbes’ second annual list of ‘Global Gamechangers’ who put major game changing efforts to bring internet to the Indian masses and topped the list – among 24 others who like him have been “intrepid business leaders, unsatisfied with status quo and transforming their industries and changing the lives of billions of people around the globe.”
He is the only Indian businessman to be on the Forbes’ list of the world’s most powerful people – the Chairman and Managing Director of Reliance Industries, Mukesh Ambani.
In the last five months, that is, from December 2016 to May 2017, Ambani has amassed more than 7 billion dollars (a whopping 46,900 crore rupees) and his wealth count until May 17, 2017 (yesterday) is quoted to be 29.9 billion dollars as shown on the Bloomberg website.
Reliance Industries Ltd. has been a successful conglomerate with each subsidiary, whether petrochemicals, oil and gas, retail or telecom reached its best possible limits and changed the face of India. His Jio venture tapped the right chord by “offering fast internet at dirt cheap prices and gained 100 million customers in six months”, at a time when broadband connection and mobile network prices in the market are raising quite the hullabaloo. Forbes rightly put it, when it noted, that the offers on Jio 4G “set off a wave of consolidation in the telecom sector,” churning up a subscriber base of 10.9 crore by the 2017 financial year. His has been the biggest and the most consistent business and wealth upsurge among other business tycoons in India.
It was probably the Jio offers and their incredible success in the mobile data industry that paved the way for Ambani to make it to the Game Changer list and also become the richest man in India. There was a time when he announced the possible collaboration with Bharti Airtel for bringing the 4G connectivity to the Indian masses but today he is known to have spearheaded the 4G revolution.
Currently, as per the Forbes List of Global Gamechangers, Ambani leads the list which includes other trailblazers, the likes of social media network Snapchat Inc. co-founder, Evan Spiegel, American global investment management corporation, BlackRock co-founder Larry Fink, Deputy Crown Prince of Saudi Arabia, Mohammed Bin Salman and others.
Along with serving an inspiration, Ambani made a point with his surreal business growth: Maybe not overnight, but one can surely be rich (or richer, in this case) in a span of a few months.