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Mukesh Ambani holds a 50.4% stake in the company. [70] This move kept his salary capped at ₹150 million for the fourth year in a row. [71] In early 2019, a court in Mumbai held his younger brother, Anil Ambani, in criminal contempt for non-payment of personally guaranteed debt Reliance Communications owed to Swedish gearmaker Ericsson ...
Anil Ambani is the youngest son of the founder of Reliance Industries, Dhirubhai Ambani and his wife Kokilaben Ambani. Ambani has said that his father would lead the brothers on "incentive-oriented outings" where they would be rewarded with a box of mangoes for a 10-km (6 mile) hike, but also punished them for acting out in front of guests. [9]
After the death of Dhirubhai Ambani on 6 July 2002, Reliance was headed by his two sons. The Reliance ADA Group was formed in 2006 after the two brothers Mukesh Ambani and Anil Ambani, split Reliance Industries in December 2005. [3] [4] Anil Ambani got the responsibility of Reliance Infocomm, Reliance Energy, and Reliance Capital.
In February 2019, the Supreme Court has held Anil Ambani and three others guilty of contempt of court and directed them to make payments by 19 March. In the meantime, Mukesh Ambani , the elder brother of Anil helped him with a bailout of ₹ 4.63 billion (equivalent to ₹ 5.8 billion or US$66 million in 2023) which he paid just a day before ...
Indian billionaire Mukesh Ambani's son marries on Friday in a lavish ceremony that has been a hot talking point at home and abroad, with his father's $260 billion-conglomerate Reliance taking to ...
Mukesh Ambani (brother-in-law) Tina Ambani (née Munim, born 11 February 1957) is an Indian former actress. She is married to Anil Ambani, chairman of Reliance Group. [2]
Mukesh Ambani, India, diversified, $83.4 billion. Steve Ballmer, United States, technology, $80.7 billion ... Jason Kelce shares unusual response to who he’s rooting for in Super Bowl as brother
The father of the groom is Mukesh Ambani, 66, currently the world’s 9th richest man with a net worth of $116 billion, according to Forbes. He is also the richest person in Asia.