Mukesh Ambani (April 19, 1957 Aden, Yemen) world's richest person as on 29 October 2007, is an Indian businessman. He is the chairman, managing director and the largest shareholder of Reliance Industries, India's largest private sector enterprise and a Fortune 500 company. [3] His personal stake in Reliance Industries is 48%.[4] His wealth was US$20.1 billion in March 2007 (as per Forbes), making him the world's 14th richest person and the second richest person in India. However, his wealth was valued at US$55.3 billion in October 2007 taking into account his holding in Reliance Industries and group companies. This made Ambani the richest Indian, ahead of steel tycoon Lakshmi Mittal.[5] On 29th October 2007, as a result of a strong share price rally in his three group companies - Reliance Industries, Reliance Petroleum and Reliance Industrial Infrastructure Ltd., Mukesh Ambani has been thought to have become the richest man in the world with a net worth of $63.2 billion, as reported by news agencies in India.
Mukesh and younger brother Anil are sons of the late founder of Reliance Industries, Dhirubhai Ambani.
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